Popular articles

How can I earn 5 crore in 5 years Quora?

by Author

How can I earn 5 crore in 5 years Quora?

5 crore, in 5 years, you will have to invest Rs. 6.46 in mutual funds via monthly SIPs. Investing Rs. 6.46 lakh per month does not seem too practical.

How can I get 1cr rupees?

The easiest way to make 1 crore is to Sell information products. The steps to becoming a Crorepati is to be a market leader in a Micro Niche and building a following of people who will pay you for your information. You can literally start from zero and by the end, you will have your own profitable business.

In which profession we can earn 1 crore per month?

1. Management Professionals – Jobs with salary over 1 crore.

How can I get rupees crore?

Here are a few ideas which made more than 1 crore.

  1. Start a blog and build your audience.
  2. Affiliate marketing.
  3. Sell a Course and leverage it by Live training, workshop, mastermind and personal mentorship.
  4. Write several Books.
  5. Dropshipping.
  6. Software as a service.
  7. Build an App which helps 10 lakh people.
  8. Freelance Expert.
READ:   Are gym supplements FDA approved?

How can I become Crorepati?

How to become a Crorepati in 10 years

  1. Carefully choose a Financial Planner.
  2. Manage expenses wisely to create more savings.
  3. Stay Informed, Stay Focused, Stay Disciplined and be Patient.
  4. Make Planned Investments in the Right Schemes.

How can I make 1cr in 1 year?

How can I get rich at early age?

Invest systematically in right kind of savings and investment plan (SIPs) as early as possible. Remember the Rule of 72! 72 upon the interest rate gives the number of years it takes for your investment to double itself. A little sum contributed periodically can go a long way to accumulate wealth in a few years.

How to make Rs 1 crore in 10 years?

Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1 crore in 10 years you will need to invest Rs 50,000 per month. However, if you seek to make the same amount in half the time (5 years), the monthly SIP amount will triple to Rs 1.30 lakh per month.

READ:   Why should I carry a pocket knife?

How much time will it take to reach the 2 crore target?

Here is how much time will it take you to reach the 2 crore target. Well, 23 years is a long time, but there is a way to bring this period down by a few years. Just increase your monthly SIP investment amount by 10\% every year. We hope it helps! There is only one way that can fetch you that much return and that is real estate.

How to reach 5 crore in 5 years with SIP?

You will have to contribute nearly Rs 6.12 lakh per month to be able to reach Rs. 5 crore in 5 years at 12 percent annualized returns. But this kind of monthly SIP is possible only if you belong to the high-income group and have surplus funds to invest.

How to become Crorepati in 5 years?

You can add several multiple sources of income which you can generate in your leisure time on how to become Crorepati in 5 years. What I meant hear is not to cut down your regular expenses. You can optimize your household expenses in a wisely manner.

READ:   What am I supposed to feel during meditation?