Wednesday, March 25, 2009

Do you work for Money or it works for you??

Do you work for money or your money works for you? Confused. Well, it simply means that if your money is invested wisely and in the right instrument, it will work for YOU. Consider each single rupee invested by YOU as your “Loyal” employee. And guess what! It works for YOU 24 hours a day, 7 days a week, 52 weeks a year. It doesn’t ask for any holiday or leaves, doesn’t go on strike and if YOU take good care of it, it will take better care of YOU.

You may be working for 5, 10 or 15 years or may be a fresher. Have you ever thought after 10 or 15 years how many “Loyal” employees would you have working for you. Consider this, if you invested Rs. 2,000 every month in an average mutual fund for 15 years, YOU will have about Rs. 23 lakhs and if it is a good mutual fund, it could be Rs. 50 lakhs+. Surprised. It’s the power of compounding. How many of you who have been working for 15 years or more, and have that much saved. Think about it, seriously. And more importantly, ACT NOW!

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