Re: It's monst easy
by paul on Feb 02, 2010 11:09 AM
You need have public support for this . can you float a political party and make win 13 MLAs in 6 months
Re: Re: It's monst easy
by Pappu Nuni on Feb 02, 2010 11:16 AM
abuse people like AMITABH BACHAN tomorrow morning your name and your party name will be head line.
After 25 years of savings, it could be 1 Crore. But, the value will be very less at that time after 25 years for a crore. Just 25 years ago, to become a LAKHPATI is a dream. But now ,what is the value for a LAKH. Similarly, a crore will not have any value after 25 years.
Re: 1 crore = 1 LAKH ...after 25 years.
by paul on Feb 02, 2010 11:03 AM
Yes absolutely true !!. What you will do with 1 crore after 25 years ?. Do not think of 1 crore. Just do below things. 1) Buy a home where you could stay after retirement. 2) Buy some land at outskirts of city which will appreciate many time in 25 years, this can be sold or given to childrens. 3) Have some corpus that you could put in Post office MOnthly income skim.
This is what is neede to have peacefull retirement.
Re: 1 crore = 1 LAKH ...after 25 years.
by paul on Feb 02, 2010 11:05 AM
Yes absolutely true !!. What you will do with 1 crore after 25 years ?. Do not think of 1 crore. Just do below things. 1) Buy a home where you could stay after retirement. 2) Buy some land at outskirts of city which will appreciate many time in 25 years, this can be sold or given to childrens. 3) Have some corpus that you could put in Post office MOnthly income skim.
This is what is neede to have peacefull retirement.
Re: LOGICALLY TRUE BUT PRACTICALLY IMPOSSIBLE.
by upinder singh on Feb 02, 2010 10:33 AM
tks for your advice dear. so we consider that amount invested and returns expected should be net of tax !
You are back to square one when realize that what all money you have amassed in these 25 years through saving your hard earned money is eaten by the down slide of money value or the purchasing power. If one compares the purchasing power of money 25 years back, today carrying 100 ruppes is like spending 10 rupees. Similarly 1000 rupees is like spending 100 rupees. So whats the fun. It is foolish to think 25 years ahead of time as the inflation will continusely raise and purchasing power will steadily decline.
Re: The money value slides you down in these 25 years
by RAJ KUMAR on Feb 02, 2010 10:35 AM
Right, One can atleast go through ur idea to save onself from this practice.
Re: The money value slides you down in these 25 years
by Jitesh Agrawal on Feb 02, 2010 10:41 AM
The money value will be what it will be 25 years down the line, its upto you to decide whether you want to start saving to have a corpus of 1 crore or be a tan tan gopal after 25 years without saving anything.
Inflation will not different for you since you havent saved anything
Re: The money value slides you down in these 25 years
by RAJ KUMAR on Feb 02, 2010 10:35 AM
Right, One can atleast go through ur idea to save onself from this practice.
Re: The money value slides you down in these 25 years
by Antony Thomas on Feb 02, 2010 10:30 AM
Investmentyogi merely suggests ' How to become a crorepati' and not what a crore can buy 25 years from now.
Re: Re: The money value slides you down in these 25 years
by sandip mukherji on Feb 02, 2010 10:33 AM
investment yogi is making sure that by advisisng you to save what are the benefits they are going to derive.
Re: Re: Re: The money value slides you down in these 25 years
by Antony Thomas on Feb 11, 2010 01:07 PM
Now nobody is going to take this Yogi very seriously
