Most investors start their investment journey around age 30 after marriage and kids.
Encourage your kids to start saving their pocket money.
If at age 20, an individiual starts saving Rs. 5000 per month at 15 percent return and stays invested for 40 years, at the age of 60, he will have more than 15 crore rupees.
However, starting the same investment journey at 30 years will yield about 3.5 crores. So cost of procrastination is more than 12 crores rupees.
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Fund managers need to be appreciated as wealth creators
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An automobile technocrat by profession, Jaishankar offers sage advice to young investors from his personal experience as an investor
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