The formula to make you a millionaire! You just need to understand the amazing calculation of 20x12x30, then everyone will ask this secret..
If you want, you can create a fund of crores by saving properly every month. To create a good fund for the future, you can choose SIP. The 20x12x30 formula of SIP can give you great returns in the long term. According to this investment formula, an investment of Rs 20,000 will make you a millionaire in 30 years with a return of 12 percent. So let's know what the 20x12x30 formula says.
SIP is the best for the future
Investment in the right place is very important to secure the future. This is the reason why SIP is considered the best option for investment. If you also want to become rich, then start the right financial planning through SIP. However, it is very important to follow the correct formula for investing in SIP. If you also want to make money from SIP, then follow its 20x12x30 formula.
20x12x30 Formula
The 20x12x30 formula of SIP can prove to be effective for investment. This is a simple but effective investment option, in which ₹20,000 is invested every month for 30 years at a return of 12% per annum. With the right planning with this formula, you can create assets worth crores of rupees and feel financially independent.
How will money be made with the 20x12x30 formula?
The SIP 20x12x30 formula can create a strong fund in a short time by giving good returns in the future. According to this formula, you have to save Rs 20,000, invest it with a 12% return and everyone has to continue this habit for 30 years. Only then will the 20x12x30 formula benefit you. Yes, this formula can turn your small investment into a big fund with the help of the magic of compounding. Disciplined investment for the long term not only provides financial security, but it also makes your future safe and full of money.
What does its complete calculation say
With the power of compounding, you can create a strong fund of your own in the SIP 20x12x30 formula. Suppose you invest ₹10,000 every month and get a 12% annual return on that investment, then in one year the fund will be ₹1,27,665, and after 30 years you will become a millionaire. If you invest Rs 20,000 for 30 years at a return of 12%, then the invested amount will be Rs 72,00,000. In which you will get an interest return of around Rs 5,44,19,464. According to this, the total fund can be around Rs 6,16,19,464.
Correct planning is necessary for investment.
The 20x12x30 formula can be considered a good option for SIP investment. Following this formula, you will have to invest Rs 20,000 monthly. This investment of Rs 20,000 will have to be continued for 30 years with a return of 12%. This strategy can open the way to financial freedom if adopted with discipline and patience. However, you can calculate the probability of becoming a millionaire using the SIP calculator. (Note: The news is based on general information, you should get information about calculations etc. before investing.
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