Power of Compounding: Compounding works when returns generated on an investment start earning returns themselves. Over time, this creates an exponential growth curve rather than a linear increase.
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Explained: Want to quickly accumulate target corpus of Rs 1 crore? Use 8-4-3 rule of compounding
Have you ever thought about how long it takes to build a Rs 1 crore corpus? The time frame depends on your investment amount and the returns you earn. However, reaching this goal isn’t as challenging ...
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