Warren Buffett is one of the world’s top billionaires and also the chairman of Berkshire Hathaway, which is one of the top 10 companies in the US in terms of market capitalization. He is also known as the world’s best investor and to put it in desi terms “The baap of all investors in the world.”Â
But would you believe he earned 99% of his wealth after he turned 52? Don’t need to pinch yourself to believe if that’s true or not because it is a fact and it all happened because of the power of compounding and smart investment choices.
Warren Buffett started investing at a very early age and became a millionaire by 30. There were only two things that made him grow from $1M net worth to over $100 Billion net worth. “Consistency and compounding”
- He made sure that his investments gave him at least a constant 22% return overall.
- He made sure to invest in assets that are safe and return-generating in all climates.
The journey from $1M to $100B didn’t happen overnight but happened gradually over the period of time as there were consistent returns every year. And with the returns compounding every year, they eventually made him a billionaire by the age of 52.
That is the power of compounding. If you start saving â‚ą25k per month in Fello Flo which gives 10% returns per annum, it grows into â‚ą3 Crore in the next 25 years.
So what are you waiting for? Set up Autosave on Fello and begin your own Crorepati story with us!
Download the app now: https://play.google.com/store/apps/details?id=in.fello.felloapp
