E53 | 10Cr today or 10L/m for lifetime - Answered | #MoneyKiBaatPodcast
Update: 2020-11-04
Description
Time value of money is a very fundamental concept. Common people hardly understand it, and sometimes even experts get confused. Let's see if you can get it right?
Hypothetical life choices!
1. 10Cr (100Million) lump sum
or
2. 10L (1Million) per month for life?
Assume that you can get 5% p.a. return on investments.
What would you prefer having?
Are there any burning questions giving you sleepless nights? Write to us at anmol@7prosper.com
Disclaimer: This podcast is for educational purposes only. Anything said should not be construed as advice. Make your investments only after consulting your financial advisor.
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