Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
HOW MUCH SHOULD YOU BE INVESTING?
The New Indian Express Hyderabad
|December 16, 2024
When it comes to saving and investing, people are obsessed with the returns they're going to get on their money! Two factors that determine how much money we end up with are the amount we put into our savings and investments in the first place and the amount of time we have it there.
For instance, let's suppose that you need to cobble together ₹10 crore over 40 years and you reckon on getting an investment return of 12% per year. If you pop the numbers into Excel, you'll see that you have to save a paltry-looking ₹7,960 per month.
If you start 10 years later, at the same 12% per year investment return, you'll now have to save a difficult ₹28,000 per month. What if we did fancy to get higher investment returns, which would surely get us to our ₹10 crore over 20 years? Well, at ₹88,000 this is not easy. What about getting to ₹10 crore in 20 years with a smaller amount and a higher rate of return?
This story is from the December 16, 2024 edition of The New Indian Express Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Hyderabad
The New Indian Express Hyderabad
LEX HAS ALWAYS BEEN A FLEX
T is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.
3 mins
November 22, 2025
The New Indian Express Hyderabad
Moscow tells Kyiv: Negotiate now or lose more
Russia’s warning comes a day after Trump unveiled a 28-point peace plan that calls on Ukraine to cede territory
2 mins
November 22, 2025
The New Indian Express Hyderabad
Every infiltrator will be out after SIR: Shah in Gujarat
UNION Home Minister Amit Shah on Friday transformed the BSF’s 61st Raising Day event in Haripur, Bhuj, into a clarion call for electoral vigilance.
1 min
November 22, 2025
The New Indian Express Hyderabad
Gave my best to nation, says Gavai in farewell speech
IN his farewell speech, Chief Justice BR Gavai said on Friday that he was leaving the institution “with a full sense of satisfaction and contentment.”
1 min
November 22, 2025
The New Indian Express Hyderabad
Women form 4.3% of jail population, but face systematic barriers: NCW
WOMEN constitute 4.3% of the prison population, but face systematic barriers, including overcrowded facilities, inadequate medical and mental-health services.
1 mins
November 22, 2025
The New Indian Express Hyderabad
ED crackdown on coal mafia, raids 40 locations in J’khand and Beng
THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.
1 mins
November 22, 2025
The New Indian Express Hyderabad
Teacher dies by suicide due to 'SIR workload'
A 40-year-old teacher and Booth Level Officer (BLO) Arvind Mulji Vadher died by suicide in his native Devli village of Gir Somnath district on Friday, leaving behind a devastating note that directly blamed the crushing workload of SIR (Special Intensive Revision) and rising mental stress.
1 min
November 22, 2025
The New Indian Express Hyderabad
Oppn slams BJP as kin of Maha ministers elected unopposed in local polls
OPPOSITION parties in Maharashtra are questioning how, in one local body election after another, relatives of BJP ministers are winning without any contest.
1 mins
November 22, 2025
The New Indian Express Hyderabad
Danam, Kadiyam weigh exit as disqualification risk builds
A fresh churn is underway in Telangana politics, with Khairatabad MLA Danam Nagender moving closer to resigning to avoid possible disqualification.
1 mins
November 22, 2025
The New Indian Express Hyderabad
SC seeks EC's reply on fresh SIR pleas
ALSO IN TOP COURT
2 mins
November 22, 2025
Listen
Translate
Change font size