How to become Crorepati in 5 years with solid planning?

How become Crorepati 1 year, 5 years, 15 years and 20 years

How to become Crorepati in 5 years with solid planning? Last week, I have indicated that I have become Crorepati in 5 years. While it was not that simple journey moving from 0 to Rs 5 Crores, I have learnt lot of lessons during this time frame. Many people think how to become Crorepati in 1 year. Some people think how to become Crorepati in 15 years or 20 years. I am moderate risk taking investor. What if I have […]

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Best investment plans in India to earn one Crore

Best investment plans in India to earn one Crore, Best investment plans in India

Best Investment Plans in India to earn one Crore I have a dream of earning one Crore and I am trying all possible options to achieve this faster. What are the best investment plans in India to earn one Crore? Is it possible to achieve this dream with small savings? To earn one Crore, how much we should save a month. I keep asking this question to me a number of times. In the last 2 weeks, my mail box […]

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Best Investment Options – 5 simple steps to be followed for maximising return in stock futures

Overview You might be aware that investment in shares (Commonly referred as “stock”) would provide good returns over long-term. However in case of stock futures, the stocks are purchased/sold for a day or for a period of 30, 60, 90 days expecting the price to increase/decrease within this period. However there is no delivery of the shares. It is a future commitment either to purchase or to sell by paying a margin amount at the current price. Here an investor […]

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Simple steps to follow to maximize the returns from Systematic Investment Plans (SIP) in Mutual Funds

Overview – System Investment Plan (SIP) System Investment Plan (SIP) is the plan where investor makes equal investments at regular intervals into mutual funds on a specific date for a specific period. The biggest advantage is the averaging of the investments made where the market fluctuations are eliminated. How does SIP runs ? Investor makes equal investments at regular intervals over a period of time (minimum 6 months). For an example, investor invests Rs.10,000 in mutual funds  where the NAV […]

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Reduce Expenses and Save – Without compromising on the quality of services

  Overview What I meant here is, not to cut-down the items which you use and reduce the expenses. What I refer is getting what you want with lesser costs, thereby increasing savings and adding this kitty as extra income. How to reduce your expenses You are aware of the saying “80% of the problem would be in 20% of the bucket”. Similar way 80% of the expenses would fall under 2-3 categories of expenses. List down your expenses for […]

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Small business idea-Fashion designing-How an Illiterate is heading towards becoming Crorepathi in 5 Years

  Recently, I met one of my old friend, Rahul in one of the get-to-gether. He is illiterate, struggled for earning money for 10-12 years, but now he is earning an income of 3 times more compared to a person working for an IT / MNC company on an average. He is either doing any magic or doing any impossible thing. He is working as small “Fashion Designer”. I repeat he is doing only basic fashion designer work and I […]

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