How To Become A Millionaire At A Young And Mid Age Earn Rs 37 lakh with Rs 35 per day Know Details Inside. Thinking of withdrawing millions of rupees? However, you have an option available. I will earn Rs. Lakhs through mutual funds. But it will take many years.
Want to become a millionaire? Do you plan to become a millionaire all at once? But do not know how to withdraw money? You need to know one thing. You can also become a millionaire by investing.
But if you want to make money by investing .. there must be financial discipline. Still need patience. You can’t become a millionaire right away. Have to wait. If you want the same billionaires you have to keep investing for a long time.
Those in their 30s will retire at 60 if they have a job. In the meanwhile i.e. in 30 years such people can easily become billionaires. If you invest in equity mutual funds for a long time, you will get a return. The dream of becoming a millionaire can come true.
Market experts say that long-term investments in equity mutual funds can yield returns of up to 12 percent. There is a good benefit to investing in mutual funds in the form of SIP. Compounding benefits are available.
For example, you are expected to invest Rs.1050 per month in equity mutual funds. You have to invest money every month for 30 years. If you do this, if you look at the 12 percent return .. you will get above Rs 37 lakh at maturity.