Wanted to close the year with a positive note and brought some shares during the last trading day of the year!!
Tag: investment
Why investment is better than consumption?
How Many People are riding ROYAL ENFIELD BIKE ? or wish to ride it ?
Look at the growth of Eicher Motors (Makers of Royal Enfield).
Share Price on September 2001 = ₹17.50
Price of Royal Enfield bike in 2001 = ₹55000/-
If any one would have bought the shares of Eicher Motors instead of a bike then he would have got 3143 shares ((₹55000/ ₹17.50 (share Price) = 3143 Shares))
Eicher Motor’s Share Price as on 4th Aug 2015 was ₹20,158.
Total Value as 3143 x 20,158= 6.33 crore.
₹55000/- is worth ₹6.33Crore in 13 Years.
Now he could have bought a Rolls Royce.
My earnings – a review
I was wondering how much I earned in this 9 years of professional life and how much I saved/invested… I was shocked to see that my finances are in negative and it is high time that I do something soon to recover…
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Let us imagine I earned Rs.35,000/- on an average (averaging entry level salary to what I’m earning today) and 8 years and 6 months of professional experience which comes to 102 months… So, my total earnings till date is Rs.35,70,000/-…
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|
Description |
Investment |
Loans |
P&L |
|
Stocks |
300000 |
 |
 |
|
MF’s |
550000 |
 |
 |
|
Insurance |
760000 |
 |
 |
|
HDFC |
 |
300000 |
 |
|
IDBI |
 |
300000 |
 |
|
IOB |
 |
450000 |
 |
|
Biz. Loss |
 |
700000 |
 |
|
 |
 |
 |
 |
|
Total |
1610000 |
1750000 |
-140000 |
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Now I don’t know what happened to the balance from;
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Total Earnings – (Investment + Loss) = 35,70,000 – (16,10,000 + 140000) = Rs.18,20,000/-
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I think I’ve spent a lot than saving/investing and I think it is high time seriously work on my finances…
AnandNataraj 