There are some extra ordinary people in the market who are running gambling workshops and are saying one can comfortably earn 10% ROI every month from stock market, which turns out to be 120% p.a.

Let's see one calculation, which can blow your mind.

Suppose someone has 5 lakhs Rupees for gambling and as said by gambling experts, one can comfortably earn 10% ROI every month, there by 120% per annum.

Let's calculate how much amount one would get in 15 yrs.

If we Compound ₹5 lakhs at 120% CAGR for 15 years. Total amount would be whooping ₹6844 cr.

So as per above, one just need to gather 5 lakhs and then leave aside all the work and just do gambling, & in just 15 yrs only, one can be mini rakesh jhunjhunwala with 5 lakhs capital.

Now let's come back from the dream to reality, actually 90% of people who will gamble with 5 lakhs will eventually loose all money in 1-2 yrs only and will blame market but not their greed.

Our very own Mr. Warren Buffet, whom we admire a lot, has earned huge wealth over decades but his CAGR is only 19%, whereas in gambling 120% CAGR is comfortably possible as said by gambling experts.

In school we have been tought so many times by our beloved teachers that there is no shortcut to success, still many people forget.

It's our hard earned money, we have worked so hard to earn it, then why to gamble with that?, Why to disrespect our Hard earned money?

To be honest if one can earn 15-22% CAGR return via high quality companies for 2-3 decades that's more than enough to make your fortune.

Regards

Pradeep Madhwani