Wednesday, February 24, 2010

"The 8th wonder of the world" (Js)

Do you know Einstein called the compounding effect "the 8th wonder of the world"!!!

No doubt it is.

e.g. if you invest Rs. 1 lac with 20% pa returns for 20 years
you will get Rs.38,33,760/-
even if you adjust the inflation rise @ 7% pa average, your 1 lac will become 11 lac!!!
an INFLATION-FREE earning of Rs.4583pm for 20 years!!!

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In stock market, if you are talented and can get 50% pa regularly for 20 years
Your 1 lac will become 33 crore 25 lacs
even if you adjust the inflation rise @ 7% pa average, your 1 lac/- will become Rs.12crore78lac
an INFLATION-FREE earning of Rs.5.32 LACS pm for 20 years!!!

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Einstein was right! This is nothing less than a "wonder of the world"

So, why don't people go for it?

Simple,

first, they don't BELIEVE this. they reject it outrightly. they are not used to dreaming.

second, they don't have a METHOD so that they can get the desired returns consistently.

third, they don't have DISCIPLINE to stick to the method

fourth, they don't have the STAMINA and character for that much of time!

Money freedom is always within our reach. We just don't believe it!

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