- How To Earn Crores Of Money Online Using
- How To Earn Crores Of Money Online Without
- How We Earn Money Online
- How To Earn Crores Of Money Online
Sharing knowledge is one of the best ways to make money online. If you’re an expert on a subject, you can monetize your knowledge by creating courses online. You can sell your course on Udemy or, if you already have your own audience, on your own website. Some entrepreneurs earn as much as $5,000 per month with online courses.
Best ways to earn money with Free Fire Game. Whenever it comes to online earning, first of all the name comes from the mobile application. Today there are a lot of mobile applications available on the Google Play Store, you can use them for online listening. Yeah, you read it right how to earn crores in low investment. Today will be looking at the case study La scoot - An online ethnic wear clothes website. In this case study, we will be discussing 5 points: 1. Asset light model. No need to buy an asset keep it light.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Does the thought of having INR 1.5crore in your bank account excite you? I’m sure it does, why wouldn’t it? The obvious question is how do we get this money?
Well, the good news is, it is quite easy to achieve this. However, like all the good things in life, this too does not happen overnight. You need to give it time, a lot of time.
Let me explain.
How To Earn Crores Of Money Online Using
Historically, on an average, the stock markets have generated a return close to 12 per cent – 13 per cent year on year. Going forward, I would not be surprised to see the average return improve to 15 per cent, especially considering the way ‘India Inc’ is positioned at this point.
What do I mean by ‘average return’ here? Assume the market returns for three consecutive years are 16 per cent, 4 per cent, and 26 per cent respectively. If you do the math, the average year on year return in this case is about 15 per cent.
Anyway, so how do you benefit from this 15 per cent average year on year return and make INR 1.5 crore? Quite simple – invest small amount of money, every month in a disciplined way. They call this the systematic investment plan (SIP).
I thought I’ll put some numbers and see how money would grow if one were to invest a small fixed amount of money, every month, for the next 300 months, and let it grow at 15 per cent.
For the sake of simplicity, I’m assuming one can invest just about INR 5,000 every month in a well diversified equity mutual fund.
Let us assume you can consistently invest this money in a mutual fund every month for the next 300 months. What do you think will happen to your investments?
The first investment of INR 5,000 will be invested for 300 full months at the rate of 15 per cent. So at the end of 300 months, the value of this investment will be INR 164,595. This is called the terminal value of your investment. The 2nd month’s investment of INR 5,000 will be invested for 299 months and its terminal value will be INR162,689. At the end of 298 months, the 3rd month’s investment will grow to INR 160,805. So on and so forth.
If you add up all the terminal values of all the investment over 300 months, you will end up with a whopping sum of INR 1,37,82,804 or about 1.37 crore in short!.
Can you imagine this? A meager sum of INR 5,000 per month can lead you to such massive wealth. Mind you – a casual visit to your neighborhood bar for a fun evening with your friends will set you back by 5,000 or probably more. So in that sense, an investment of the same per month (for your future) is really not much.
But hang on a second — we were talking about INR 1.5 crore right? How will we get this amount? Well, quite simple, instead of Rs.5,000 if you stretch a little bit and decide to invest INR 5,500/- (an extra 500 per month) then at the end of 300 months you will end up with INR 1,51,61,084/- or INR1.51 crore in short. Interesting right? A decision to invest an additional INR 500 per month can lead to an addition amount of INR 13,78,280.
I think most of us can afford to invest INR 5,000 per month. If not INR 5,000, I would suggest you start with any amount comfortable, but do work towards increasing this amount over time. I’m certain the savings that you do today will help you and your family a great deal, 300 months later.
You can thank me then!
Good luck.
New Delhi.How To Earn Crores Of Money Online Without
It is said that the ocean fills drop by drop, in the same way, by saving a little money, you can make crores of money. That is, if you are dreaming of becoming a millionaire (How to become a Crorepati?), then this dream of yours can be fulfilled. Provided, you should have an investment habit. Yes.. Today we are telling you about such a small savings scheme in which you can create a fund of crores by depositing less amount. We are talking about Public Provident Fund (PPF). Let us tell you that this is a small savings scheme run by the government, about which investors do not have any risk.Government has not changed interest rates
The Central Government has not made any change in the interest rates of the Small Savings Scheme for the September quarter. The Economic Affairs Department of the Finance Ministry said that there has been no change in the interest rates of different small savings schemes for the second quarter of the financial year 2020-21 i.e. from July 1 to September 30. At present, an interest rate of 7.1 percent is being given on the PPF account. Explain that this PPF account matures in 15 years. You can increase it every five years. This is the best investment plan for long term.
Also read- Mutual Fund: Need big money in less time? So know which fund gave the highest 63% return in 1 year
How to make 1 crore fund
If you invest roughly Rs 1.5 lakh in a year, which is around Rs 12,500 per month for the long term, you can turn your investment into Rs 1 crore. At present, the government gives an annual interest of 7.1 percent on the PPF account. Investment in the scheme is made for a minimum period of 15 years. So, if you invest Rs 12,500 every month for 15 years, it will become Rs 40,68,209 at maturity. The total investment will be Rs 22.5 lakh and the interest will be Rs 18,18,209.
Also read- Gold Price Today: Good News! Today gold became cheaper, check immediately, what is the rate of 10 grams of gold left now?
How We Earn Money Online
Will become a millionaire in 25 years
To become a millionaire, instead of withdrawing money in the PPF scheme, you can continue investing for another ten years. As we have told that after 15 years you can increase your investment by doing 5-5 years. After maturity, your investment will become Rs 66,58,288 in the next five years. In the next five years, this figure will cross Rs. That is, if you invest Rs 12,500 every month for 25 consecutive years, then you can create a fund of Rs 1,03,08,015. That is, if you save Rs 416 every day, then through PPF you will become a millionaire in 25 years.
How To Earn Crores Of Money Online
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.