BIG Goal :: 10 Crores Target

 BIG GOAL

The famous stock market players of our country  Rakesh Jhunjhunwala, Ramesh Damani, Dolly Khanna, and many other famous personalities dreamed of becoming rich from the stock market and their goals were also fixed. There is a similar path for those who enter the field of investment, if you have a dream of becoming rich and you are willing to do a lot to get rich, then investing in the stock market is the best choice in your career. If you decide to stay, you have to learn some basic rules of the stock market before entering the world of the stock market investing business. You have to maintain a cheerful and positive mindset. Before making any transaction in this field, ask yourself, for what reason or what are you hoping to achieve?

All investors in this world expect a good return on their investment money. The question here is who would you or I consider a good return? The answer will be different for everyone! Assuming someone has accumulated enough wealth for millions of leisure life? If we have enough wealth after retirement, the question that comes to mind is how long will we invest? Is that until retirement age? One thing to keep in mind is that if I am investing for only two or three years and if someone is thinking of investing for the next 15 years i.e. till the day of retirement then the investment strategy of the two of us will be completely different.

For example, let's think of ourselves as ordinary investors. He has a fairly good income, has the ability to invest Rs 20,000 per month, and is now 40 years old young man. Assuming the rest of his life is normal, there is no other target in the portfolio, just a final dream - to retire with a bank balance of Rs 10 Crore. So the question is, will I be able to get 'TEN CRORES ' rupees in the next 25 years with a monthly investment of twenty thousand rupees?

Assuming the current stock market returns are not very good, the Sensex and Nifty lam sam annual returns are hovering around 10% plus, if the next 25 years continue like this, the sum of an investment that I will do till the 65 and the best return including all benefit is about 2,67, 57,807 will stand!

Therefore, if this continues, it will not be possible to reach the goal of 'ten crores' rupees in retirement!

In other words, to reach the goal of 'ten crores' - I have to invest more than twenty thousand rupees every month. (Or you need to get at least 17-18% annual return to hit the 'ten crores' target with a monthly investment of Rs 20k. History shows that the average annual return cannot be better than 10.5% in the stock market!)

Okay - let's think of another way, what can we do about our target?

Fortunately, I met a successful man who had been investing in such a target; he was always active in reaching the target of a large amount of his retirement life and has always invested. And that great man was able to save more than Rs 10,57,05,760 in his retirement.

The question is that can we able to reach the target of Rs ‘Ten Crores’ at the time of retirement by investing Rs 20k per month for 25 years?

Of course, we will be able to, but we need to change our investment strategy a little bit and always be active. We have to invest in index funds and always monitor them so that we can reach the GOAL.

The history of the stock market says that the face value of the index fund increases every five to six years (general fluctuations have to be ignored during the course of the investment). In this situation, by investing those twenty thousand rupees, that is, without depositing any extra money in the investment, we will save more than 'ten crore' rupees by the time we retire. This is the real thing in the stock market.

First of all, to reach the goal, the monthly investment must be fixed. We have to move forward with the same goal.

First and foremost one goal, one target 'GOAL' like a football player:: So we have to focus on goals, that will help us reach a certain target.

Your 'ten crores' goal will encourage you to focus on investing which will help you design your investment plan.

Are you thinking of becoming more diligent and aggressive so that the return on your investment is much higher? Or are you simply caring about your savings and working hard to reach your goals?

Always set yourself on the real level of the market, and keep working that way...

Be humble and concentrate.

GOOD LUCK WITH YOUR TARGET