I keep hearing this statement many times & it’s a wonderful statement to hear too ?
Let me put this in #s
Anyone with this doubling SKILL set should be sitting on the below networth today …
Year started 2000
Time frame for doubling – 1 year (every year the value doubles)
CAGR 100%
Initial corpus – ₹ 1 Lakh (Only 1 L ?)
End corpus – ₹ 104,857,600,000/-
Pls show me this human
Atleast, show me a human who’s doubled every year, for a 10 year period
The best ever compounding returns that I’ve come across for a 20 year period (NOT ON A PORTFOLIO) but, on a single investment was about 33% CAGR
Outlier investments and they had no clue that it’ll turn out to be this way, 20 year ago
Assets in which this happened – Real Estate & Stock
People should check their historical performance while investing, before making any doubling statements