Compounding is the Secret to Building Massive Wealth | Raamdeo Agrawal on Zee Business
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- Опубликовано: 27 ноя 2024
- Raamdeo Agrawal, Chairman & Co-founder, of MOFSL, said, "Human minds are not wired for compounded thinking. In 10 years, your money might grow 10x, but in 20 years, it can grow 100x, and in 40 years, it can grow 10,000x. This is the power of compounding."
For young investors, he emphasizes, "If you're in your 20s, starting a SIP (Systematic Investment Plan) can be the smartest decision you make. The earlier you start, the more time you give your money to compound, potentially turning small, regular investments into a significant fortune." in an interview with Zee Business.