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The key to building wealth is to start investing early in
life and that too regularly. Regular investments, however
little, can grow into a substantial amount of wealth over
the long-term. Most of us tend to procrastinate investing
but the longer the delay, the more you'll need to put
aside in order to reach your financial goal. By investing
early and putting time to work for you, you take advantage
of compounding. This simple strategy can help magnify
results over time by reinvesting your investment earnings.
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Assuming an annual savings of Rs.10,000.00 in an
instrument providing return of 10% per annum. |
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