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Power of SIP combined with our advice
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| 8 July 2010 |
One of members sent me a email. It says
He invested Rs. 25000/month on our calls since he joined. He has invested Rs. 3,00,000 so far and it is worth Rs. 4,40,000 now.
He is extremely happy and want to know what he can expect in next 10 years.
To see what he will get if he continues to get same returns for next 10 years, I used a SIP calculator.
It showed me a whopping figure of Rs. 41 Crores in 10 years against a investment of Rs. 30 lacs.
This is at a annual return of 70% he has currently got.
If the yield reduces to 40%, he will end up making 4 crores in 10 years and 30 crores in 15 years.
Note that the dividends he got is not taken into account here. |
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