Start early, invest consistently and let compounding do its magic. (Representative image: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Market fluctuations are unavoidable. Creating wealth over the long term requires patience. Don’t react on impulse to market fluctuations. Focus on your goal of accumulating Rs 2 crore, and have a disciplined investment strategy.
Creating a corpus of Rs 2 crore in 20 years seems daunting, but with a proper and disciplined investment plan, it is possible. It all depends on knowing your risk appetite, selecting the appropriate financial instruments and investing regularly over the long term.
Start Early
Time is perhaps the greatest wealth-creation factor. The sooner you invest, the more you get to take advantage of compounding. I