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If Rs 1 crore is the kind of money you’ll want 20 years from now, then you’ll need to save Rs 4 crore
Synopsis
Inflation takes from the poor and gives to the rich. Or rather, it takes from those who have fi xed incomes and gives to those who own productive assets, which is the same thing really as the rich-poor statement.
Investment sellers are always trying to deal with the one crore problem. This problem most often manifests itself in the form of this question: If I invest in x investment at the rate of y per month, then will I be able to accumulate Rs.1 crore in z years? You can see this question in various social media channels, in the youtube videos of ‘finfleuncers’, in financial agony aunt columns in publications and even newspaper headlines. Generally,
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