One of the most important part of financial planning is setting financial goals. The first step involved is to know where you want to go ? If you have no goals set , then you will be randomly investing and as your goals in life comes along the way, you fulfill them. It can happen many times that you are not prepared and some important goals is near by, however you didn’t give much thought to it from many years...

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Lets say you want to invest Rs 2,000 per month for 10 yrs and then want to leave it for next 20 yrs to grow . How will you calculate it ? Do you know ? Today we will see this basic calculation and learn how to find out the amount you can generate . We have to understand that there are two phases to this calculation. First is Payment Phase, which is total time when you will pay money...

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