How To Build a ₹10 Crore Corpus in 20 Years or Less? | Detailed Financial Plan | How to Build Wealth

Описание: Building a 9 figure investment corpus is a dream for every investor. So in this video, we explore multiple paths that can help an investor realize the dream of building a 10 Crore corpus.

Topics Covered:
00:00 Introduction
01:28 LET MATH SHOW THE PATH
05:35 A SIP IN TIME GETS US A NINE (FIGURE CORPUS)
11:27 SOME IMPORTANT CONSIDERATIONS

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👉 LET MATH SHOW THE PATH
A number like 10 crores might feel a little daunting at first but much like any plan, a financial target often comes to three things - a) the initial investment or starting capital, b) annual returns and c) the duration. For example. if you have 10 lakhs of investible surplus, then an annual return of 26% for the next 20 years will take you to 10 crores. Make use of what you already have to ensure you are putting your investments in potentially better performing instruments

👉 A SIP IN TIME GETS US A NINE (FIGURE CORPUS)
Building a nine-figure wealth corpus needs discipline and perhaps, the most effective way of doing that via the SIP route. Watch out for the 15-15-15 and 15-15-30 rules which can get you to 1 crore and 10 crore within 15 and 30 years respectively.

A combination of the lumpsum approach and the SIP approach makes the task of achieving a high number like 10 crores a lot more doable. In our view, this combination of an initial lump sum plus the use of annual bonuses and a monthly SIP can go a long way in helping investors build a multi-crore wealth corpus

👉 SOME IMPORTANT CONSIDERATIONS
1. Instruments of Investing: Equity does a lot better than debt over the long term
2. Shifting Corpus from equities to fixed-income instruments when nearing the goal
3. Inflation and taxes

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