Hi All ,
I am 25 years old who stumbled upon the concept of "compound interest" .
So , just like everyone would've , i picked up my calculator and calculated that .
if we start with 100,000
invest 100,000 every year
grow it at 25%
at end of 30 years we get in like 41 crores or so .
My question is . has anyone done this in the past ? and if so , what are the problems one faces while doing something like this ?
P.S: i've read almost all of this forum and seen that skilled traders seem to make 10% on an average per month . So , I'm hoping for a person who is qualified in identifying fundamentally strong companies 25% a year shouldnt be a problem .
I am 25 years old who stumbled upon the concept of "compound interest" .
So , just like everyone would've , i picked up my calculator and calculated that .
if we start with 100,000
invest 100,000 every year
grow it at 25%
at end of 30 years we get in like 41 crores or so .
My question is . has anyone done this in the past ? and if so , what are the problems one faces while doing something like this ?
P.S: i've read almost all of this forum and seen that skilled traders seem to make 10% on an average per month . So , I'm hoping for a person who is qualified in identifying fundamentally strong companies 25% a year shouldnt be a problem .