Originally posted by yogishkamath    "Aam aadmi" like me is happy with 30% CAGR.    If done for 40 years with starting capital of a "modest" 5 lakhs, you end up with 1800 crores !!!

i agree, even i would be ... 1800 cr would be like 180-200 cr in present value with average 6% inflation.

Originally posted by vsb2pwn Wise men never disclose the money they accumulate just the way wise women never disclose the years................   I assumed J2e knew that...............

vsp2pwn, to be honest i cannot deny that god has been too kind on me. my convictions was fortunately backed by the company performances. and yes i would never disclose my absolute worth as i never disclose my portfolio. its way too personal man.

Maths was never so interesting............This is like defining All forms of Wealth

Originally posted by yogishkamath    Yes, but 25 lakhs is not a modest amount by my definition :)      To clarify:           < 1 lakh :  Too poor to invest     1-5 lakhs:  Modest     5lakhs - 10 lakhs: Level 1 of better than modest but not quite well off :D    10 lakhs - 25 lakhs: Level 2 of ....    25 lakhs - 50 lakhs: Level 3 of...    50 lakhs - 1 crore: Level 4 of.....    1-10 crore: Well off    10-50 crore: Rich    50-500 crore: Super rich    500-5000 crore: Hyper rich     > 5000 crore: Rich enough to retire :)

  I was just humorously trying to get across the point that you can't become wealthy in a year.   :)

   And here's hoping that some people in TED join those 25 !