Wealth is created over a long time and perhaps no one would understand that better than the average Indian. But there are certain shortcuts to creating this wealth. Diverting a certain portion of the savings or income towards various instruments can help generate income beyond imagination. A person can have a crore rupees in less than thirty years by investing just 18,00,000 over a period of 30 years or just 5,000 rupees a month.
| Year | Amount (5000 a month) |
| 5 | 3,90,412 |
| 10 | 10,32,760 |
| 15 | 20,89,621 |
| 20 | 38,28,485 |
| 25 | 66,89,452 |
| 30 | 11,396,627 |
The following are the returns on investments made at 5000 a month for 30 years at 10% per year compounded annually.
This makes creating money a lot easier. Now, if a person invests 10,000 rupees a month then the time reduces to half and the same target can be achieved in a lesser amount of time.
Happy Investing
Udit Sabharwal { On behalf of Doodle inc}
