Wealth Creation Formula | Wealth Creation Formula |
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Wealth Creation
Formula (SIP: Systematic Investment Plan) : One of the best ways to invest your
money for creation of wealth is investing in SIP (Systematic Investment Plan),
a monthly amount which you can easily spare for wealth creation. In the past 10
years Mutual Funds and SIP’s have given 20% - 40% return.
To avoid entry
load, admin expenses, other expenses on your money deposited and entry &
exit barriers, you can create your own SIP using your own research or expert’s
research. One should follow proper entry and exit strategies. Normally one can
make 40% to 65% annual returns.
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Buy L&T (Larsen & Toubro) with a target of Rs. 2950 cmp Rs. 2590