21/01/2016
Bill Gates, the richest man has networth of 72 billion $ (475200 crores).
At 6% rate of return, he roughly earns about 114.16$ per second. It is said that if his 100$ note gets dropped on the floor it makes a poor investment of his time to bother picking his fallen 100$ note because investing that one second would earn him 114.16$.
Similarly, if you start investing one lac per year from your age of 25 upto your age of 60, you will have approximately 4.83 crores at 12% return.
And if you delay investing just by one year and start at your age of 26, you will be having only 4.3 crores, a loss of 53 lakhs by just delaying your investment for one year.
Money compounds with time and the secret of making making is starting your investment early.
