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Invest 15K once and then make 120 transactions over time
Investing your money wisely is one of the best ways to secure your financial future. If you have 15K to invest and want to grow it to 1.5 crores with a targeted profit of 6% per transaction, you can achieve this goal by making a total of 120 transactions over a period of time.
To do this, you will need to invest your initial 15K and make your first transaction. Let's assume that you make your first transaction at the end of the first month and earn a profit of 6%, which is 900.00. You will then reinvest this profit in the following month, along with your original 15K, making a total investment of 15,900.00.
You will continue to make transactions at the end of each month, earning a 6% profit on each transaction, which you will reinvest in the following month. The table in the introduction shows how your investment will grow over time.
As you can see, your investment will steadily grow over time, with your closing balance increasing each month as you reinvest your profits. By the end of the 120th transaction, your investment will have grown to a total of 1.5 crores.
Of course, this assumes that you are able to consistently earn a 6% profit on each transaction. This may not always be possible, as the stock market can be volatile and unpredictable. It's important to do your research and invest wisely, keeping in mind your risk tolerance and long-term financial goals.
In conclusion, investing 15K once and then making 120 transactions over time, reinvesting the profit from each transaction in the following month, is a great way to grow your wealth over time. With patience, discipline, and a bit of luck, you can achieve your financial goals and secure your financial future.
Here's the table that shows the growth of your investment over time.
Yellow cells show your initial investment doubling each year
Green cells show that in month 112, you cross 1 cr
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Will be sharing the Script in which you need to invest for a 6% monthly return
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