1. I had become a millionaire in my late 20's due to mine having an aptitude for Finance segment.
2. The reason for mine becoming a millionaire is as following:
(a)Forethought-I purchased Infosys when everybody was dumping it post Pokhran blasts as every body felt that now USA will snub us but India emerged as a great giant.
(b)I opted for fixed rate of interest when whole India was clamouring for lower floating rate of interest. Though I paid half a percent extra for home loan but my EMI is fixed and am a relieved man unlike floating rate fascinists who are now worried due to rise in EMI or extension of loan period.
(c)I systematically invested in stock market since my 12th class when I invested my first prize money received from Competition Success review.
(d)I diversified my portfolio of investment.
3. Now I have opened recurring deposits for my children so that atleast they are millionaire by the time they have to pick up a job.
4. Follow a systematic investment plan and be a millionaire.
Note: FOllow fixed rate of interest when rate of interest in home loan is low and now follow floating rate of interest as rate of interest has peaked and it can only go down.
2. The reason for mine becoming a millionaire is as following:
(a)Forethought-I purchased Infosys when everybody was dumping it post Pokhran blasts as every body felt that now USA will snub us but India emerged as a great giant.
(b)I opted for fixed rate of interest when whole India was clamouring for lower floating rate of interest. Though I paid half a percent extra for home loan but my EMI is fixed and am a relieved man unlike floating rate fascinists who are now worried due to rise in EMI or extension of loan period.
(c)I systematically invested in stock market since my 12th class when I invested my first prize money received from Competition Success review.
(d)I diversified my portfolio of investment.
3. Now I have opened recurring deposits for my children so that atleast they are millionaire by the time they have to pick up a job.
4. Follow a systematic investment plan and be a millionaire.
Note: FOllow fixed rate of interest when rate of interest in home loan is low and now follow floating rate of interest as rate of interest has peaked and it can only go down.
