tag:blogger.com,1999:blog-5750156134650048446.post2248825402334327045..comments2023-05-13T06:22:13.252-07:00Comments on Fortune Planners: How to Get a Home Loan, Free of Cost?Fortune Plannershttp://www.blogger.com/profile/08132604344187963236noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5750156134650048446.post-4642404773469098142018-02-21T01:47:36.988-08:002018-02-21T01:47:36.988-08:00Thank you for sharing such great information.
It i...Thank you for sharing such great information.<br />It is informative, can you help me in finding out more detail on <br /><a href="https://www.hdfc.com/blog/prepaying-home-loan-think" rel="nofollow">is it better to prepay home loan</a>.Anonymoushttps://www.blogger.com/profile/05542902479657616848noreply@blogger.comtag:blogger.com,1999:blog-5750156134650048446.post-39400678474735610382013-05-22T22:43:26.416-07:002013-05-22T22:43:26.416-07:00There is a serious issue in the way of trying to a...There is a serious issue in the way of trying to achieve the fortune here. This concept is pushing you to become liability (which is so dangerous) to create asset. <br />Source for asset creation should always come from your saving or surplus money. <br /><br />This article also takes about investing starting SIP in diversified equity fund, which is so risky (not everyone will be willing to take stock market risk). <br />If there is somebody who can take that much risk then they will have billion(s) 20 years. <br /><br />For example if you invest 36,000 per month (which is your EMI) for 20 years (which is your home loan tenure) and your investment grow by 15% per annum then at the end of 20th year you will have 4,24,11,643.20. <br />The same, if it grows 20% per year, then you will have 8,06,49,215.84. If it grows 50% (You need to take little bit of high risk) then you will have 3,59,01,97,268.49. (I can share if you want the calculation)<br /><br />If we consider 20% is realistic, now imagine will your 300K house (for Rs 36,000 EMI/month) worth 8C at the end of 20 years? <br /><br />Of course, you will be enjoying own house if you have house loan with pressure of paying interest. <br />Anonymoushttps://www.blogger.com/profile/09205151498088259939noreply@blogger.com