The
show KAUN BANEGA CROREPATI fueled imagination of the India Public
like never before.
Everyone started dreaming of becoming a Crorepati
Everyone started dreaming of becoming a Crorepati
Mutual
Funds, Insuance, Banks started campaign using the word CROREPATI and
inducing the public
Lets
first understand what is this CROREPATI...
Lakhpati
- 100,000 (Hundred thousand)
Crorepati
- 100,00,000 (Hundred lakh)
So,
100 Lakhs is CROREPATI...
So....what
happens here.....many of you do go ahead and invest in that
ATTRACTIVE mf, ulip or whatever which promises 1 crore and make you a
CROREPATI in 20 years.
Sadly,
we tend to forget the VILLIAN which prevents us becoming truly
rich....INFLATION!!!
The
average inflation for the past 30 years has been more than 6%
So..if
I consider this...than the value of Rs.1 crore in about 20 years will
be just Rs.31 lakhs of today's money.
Definitely a thought to ponder over seriously.
Definitely a thought to ponder over seriously.
So...you
seriously need to consider whether you will be happy with being just
a CROREPATI or should look at something bigger.
One
more point to be noted is....that the number of Crorepatis is
increasing year after year.
India
itself added 31 Crorepatis in 2017 alone.
And
India has the 3rd
Highest Crorepatis in the World.
India already officially has 259 CROREPATIS and the number is increasing dramatically.
So...if you are a Crorepati or do become one very soon.....it will be NO BIG DEAL.
Bas....Crorepati....Us Se Kya Hoga? will become a common day to day dialogue!!!!
Sad reality
but the earlier you understand the ground situation ...the better for
you.
So...definitely
CROREPATI KA ZAMANA GAYA....
So...what
next?
Obviously Arabpati....
Obviously Arabpati....
Arabpati??
Whats this Arabpati?
Arabpati is 100 crores...
Arabpati
- 100,00,00,000 (Hundred Crore)
Maybe
too much as Rs.100 crores is a huge huge number
There
is no number in between Crorepati and an Arabpati.
So...I
would say WHY NOT???
Why
not target ARABPATI???
Impossible???
No...not impossible
Impossible???
No...not impossible
(Remember,
people were telling that CROREPATI is impossible about a decade back
and now almost everyone is on their way to becoming a Crorepati in
very few years time)
Remember, 100 years no HUMAN had climbed Mount Everest.
It took so many many years to break the Mental Barrier. Yes...it was more of a Mental Barrier than a Physical One.
But, once 1 person had climbed.....the pick started and now hundreds have climbed the Everest.
Even a Amputee has climbed (BRAVO! HATS OFF TO HER). And so many Handicaps too have managed to do what was impossible even 70 years back.
And in fact, there is a restriction on how many can climb every year!!!!
Has it become easy?
No...the Mountain has not shrunk....its just the Mental Barrier...
If one can do...I can do .....this thinking has made them do this....
so...if 259 Indians have become Arabpatis...why not you and me?
Yes...it may take more time for us but if we do target the same and invest prudently....WE TOO CAN BE ARABPATI.
I will definitely become Arabpati.
Will you??
See...when
a student comes to learn Archery...his Guru tells him NOT TO AIM AT
BULL'S EYE
Yes...
The
Guru tells him to Aim slightly higher than the Bull's eye.
This is because GRAVITY pulls down the arrow's path and if it is aimed ABOVE the Bull's Eye.....automatically the Arrow would hit the Bull's eye.
Yes...ARABPATI may be too high and may seem near impossible but if you do aim for it...you never know....you would reach somewhere close and it is defniltey better than being a Crorepati or even a Multi-Crorepati.
Think over it....
BTW, for your information, An Arab (100 crores) in 40 years would be worth (at 6% inflation) today's Rs.9.7 crores.....
So....It does definitely makes sense to become an Arabpati.
Have a Great 2019.
Aim for a Bigger Target.
You will reach at least the one you originally intended for.
One more useful information for you...before signing off....
And,
after Arabpati...there is more....
Kharab – 1,00,00,00,00,000
Kharab – 1,00,00,00,00,000
Neel – 1,00,00,00,00,00,000
Padma – 1,00,00,00,00,00,00,000
Shankh – 1,00,00,00,00,00,00,00,000
Maha – Shankh – 1,00,00,00,00,00,00,00,00,000
And...maybe
in about 10 years time...I may well be wrting an article titled
ARABPATI ka Zamana Gaya!!!!
And
maybe in about 20 years time....the article may be titled KHARABPATI
KA ZAMANA GAYA!!!
But, regretfully, I will not be around to write NEELPATI KA ZAMANA GAYA....
My grandchildren, surely, will have that priviledge!!!
But, regretfully, I will not be around to write NEELPATI KA ZAMANA GAYA....
My grandchildren, surely, will have that priviledge!!!
BY THE WAY.....IF YOU DO INTEND TO TARGET BECOMING A ARABPATI.....
YOU NEED TO INVEST JUST RS.43,390 @15% FOR 40 YEARS AND LO! YOU ARE AN ARABPATI
ALL CALCULATIONS AT 15%
40 YEARS - 43390
30 YEARS - 177564
20 YEARS - 753538
all figures are per month
The most achievable is 40 years and you are there...
Remember....most mutual funds and equities have given upwards of 16% CAGR and some have given upwards of 18% CAGR for more than 20 years now....
you just need to find a good guide to ensure that you choose the Right fund / the Right stock and you will reach the target.
you just need to find a good guide to ensure that you choose the Right fund / the Right stock and you will reach the target.
Wish you all the very Best....
Have a Great 2019.
We are enriched with your association and hope to see more of mutual ABUNDANCE in the years to come.
Money, Richness, Wealth will come......by default.
Its the relationship, trust, friendliness that's more important.
And that has been plenty with you.
I am sure, like our Investments, our association too will see a huge COMPOUNDING growth.
Once again, have a GREAT 2019.
We are enriched with your association and hope to see more of mutual ABUNDANCE in the years to come.
Money, Richness, Wealth will come......by default.
Its the relationship, trust, friendliness that's more important.
And that has been plenty with you.
I am sure, like our Investments, our association too will see a huge COMPOUNDING growth.
Once again, have a GREAT 2019.
SRIKANTH MATRUBAI
SRIKAVI WEALTH
SRIKAVI WEALTH
PLEASE DO NOT MAKE THE MISTAKE OF INVESTING DIRECTLY AND TRYING TO SAVE A FEW PAISA AND LOSE LOTS OF RUPEES.
FORGET ABOUT BECOMING ARABPATI...YOU MAY EVEN FAIL TO BECOME CROREPATI!!!!
FORGET ABOUT BECOMING ARABPATI...YOU MAY EVEN FAIL TO BECOME CROREPATI!!!!
DO NOT BECOME PAISA WISE AND RUPEE FOOLISH.
Also visit http:/http://https://t.me/MutualFundWORLD/
Excellent Article Sir. Truly inspiring
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