Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t pays it.
If a 25 year old starts investing Rs. 20,000 a month, he can build a corpus of Rs. 10.9 crore in 35 years at 12% return. If he starts investing at 35, then to build the same corpus he will have to increase the investment nearly three times.
