Saturday 27 December 2014

5 Big Companies stocks selling below Rs.10

Some of the Big Companies stocks which selling below 10 Rs.

1. 3I INFOTECH
2. ALOK TEXTILES
3. IND BANK
4. ASHIMA SYN
5.GVKPIL

Tuesday 23 December 2014

Importance of Start Saving Early

Below table will explain you the importance of one who stat saving earliest to create wealth through HDFC Equity Fund.
                                       
                                                      HDFC Equity  Fund
Monthly SIP  
 amount
Years of SIP
Total Investment
Current Value
(as on Dec 2014)
CAGR
Investment multiplied by
 10,000
20 Years
24 Lakhs
5 Crore
22.98%
20.8 times
10,000
15 Years
18 Lakhs
1.47 Crore
22.44%
8.1 times
10,000
10 Years
12 Lakhs
32.64 Lakhs
17.53%
2.7 times
10,000
5 Years
6 Lakhs
9.94 Lakhs
18.61%
1.6 times
                                        
           Many of us didn’t start saving meaningful amounts before retirement, that limits the power of compounding.Start Saving as early as possible rather than waiting  to create wealth in your life.

“  Warren Buffet is a great investor, but what makes him rich is that he’s been a great investor for two thirds of a century. Of his current $60 billion net worth, $59.7 billion was added after his 50th birthday, and $7 billion came after his 60th.If Buffet started saving in his 30s and retired in his 60s, you would have never heard of him. His secret is time. ” Morgan Housel about Warren Buffet