By Admin 
If you also think that “man should do something, so that you are full of pockets during retirement”, today we are going to tell you a formula that can change your luck. This formula is 10x21x12 formula.
What is 10x21x12 formula?
This formula suggests that if you do 10,000 SIPs every month, and continue it for 21 consecutive years, then you can get 12 % return annually. That is, a fund of crores can be made directly, not millions with small amount.
Understand calculation
Monthly Investment- 10,000
Total Investment Fair- 21 years
Total Investment- 25,20,000
Estimated return- 79,10,067
Total Fund- Rs 1,04,30,067
That is, by investing 25 lakhs, you can make a fund bigger than 1 crore. This is the magic of compounding.
Why do SIP?
SIP means Systematic Investment Plan teaches you the habit of investing with discipline. There is not much effect of market fluctuations in this. You slowly move towards financial freedom and the most important thing is that you do not need to get into the depth of the stock market.
Not to be afraid of market fall, to take advantage
The real fun of SIP is when the market falls, because you get more units at the same price. The formula of “Buy Low, Sell High” is automatically implemented in SIP. Therefore, instead of understanding the fall as a chance to understand the opportunity.
Who can do this plan?
If your salary is 50,000 or more, then SIP of 10,000 is absolutely possible. And if you start at the age of 30, you can become a millionaire by the age of 51, without any risk.
Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.
Also read: 93 percent of India’s richest people linked to stock market, big disclosure in report