http://www.myiris.com/newsCentre/storyShow.php?fileR=20130920170647715&dir=2013/09/20 Which is a better investment in property: Buying land or buying a residential house? asks a client This is a very broad question! Firstly investing in property “for investment purpose” should be considered diligently. Property growth as an asset class has been stagnant for the last 3 years especially in bangalore. Second, when someone measures returns in property, it is crucial the time period of realisation of profits is considered to calculate returns. If your money has doubled in […]
Plot or a house?
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Did you know
If you are 25 yrs today and save just Rs 10000p.a for the next 35yrs till age 60yrs, your savings would have grown to Rs 10133456 when you are 60yrs of age and if you had delayed the start of savings by just 5 yrs (that is started saving Rs 10000p.a from age 30yrs till age 60yrs), your savings would have grown to Rs 4999569 by the time you are 60yrs. Half of what you would have earned by staring 5yrs earlier! A delay of just five years has reduced the power of compounding on your investments by 5000000!