Say you put in $100,000/Rs1,00,000 as an investment expecting a return of 15% p.a. In equity investments a CAGR (compounded annual growth rate) of 15% is highly possible.
Do you know how much returns you will get after 5, 10, 15, 20, 25, 30 years. See the chart below
As you can see $100,000 dollars has become 6.6 million in 30 years. This is the power of compounding. So, at the age of 20 if you invest $100,000 and wait for 30 years...
you will be multimillionaire. And enjoy the rest of your life.
Sharing the exponential chart of the power of compounding