What is it like to earn Rs.60 million per year in India? How many people earn Rs. 6 crore income per year in India?
One of my friend is earning more than 50 lac per month. Let me tell you about his background. This guy has no college degree first of all. He started his journey from his micro website on which he used to put some ads and generate around 2-3K per month. He enrolled for degree in pharmacy but failed, since his mind was not ready for this life. He then left the college and started research on digital marketing. After so many years of efforts he established a ad network (just like google ad sense but on a smaller scale) soon he rocked the market.And now from nothing to around 10 crore per annum he is earning.He is the CEO and founder of AdTriva Ad Media (www.adtriva.com).What I like about this guy is his simplicity. Though he can afford a BMW or Mercedes for him,he is still using his Apache bike:-) He is very humble as well.Here is Prashant Tapkeer for you.Edit- for those who think this is fake.Here is the article from ERP insight magazine. (If you know what is this magazine all about)
Is it worth investing in an apartment in a metro in India? I’m a 30 year-old professional with a regular salary. I do not have any qualms of not owning my own house and I am willing to live in rented accommodation my whole life.
My friend observe the cases below to understand :It is useless to buy an apartment if you want to rent that which is not your case. You want to live if you buy. So listencase1:Buy an apartment for 1 crore. Life of an apartment is say 60 to 80 years. Probably your lifetime accommodation. For which you pay 40 to 45k per month without any trouble of people asking you to vacate you house or increase in the house rent. In short you pay only for 20 years @ 2 times of your actual rent and from then on it is completely your.But understand that apartment will have high depreciation value and resale value of apartment is very less as well as it is not an great asset as the asset area ( apartment area) belongs equally to all the flat owners in the apartment.case2:Invest the 30 lakh of your savings in recurring deposits and stay for rent for 20 years. Now understand in recurring deposits even if the interest rate is just 7.5% pa that 30 lakhs at the end of 20 years would be around 1.27 crores and the money that you pay as rent is only 20-25k but it is also involved with a risk of rent appreciation so lets say you save an amount of just 12k a month so in 20 years if you do the same recurring deposits @ 7.5 % per annum again then at the end of 20 years you would have another 66.8 lakhs with you. That is you would have an amount close to 1.93 crores and also that you have lived those 20 years in a rented house. Now you have an savings of 1.93 crores after 20 years.From case 1 and case 2 decide what is more important to you a 20 year old apartment or a savings worth 1.93 crores at the end of 20 years.Hope it helps.
How was the religion and economy in europe 1600-1700?PLZ HELP?
The religion was Catholic in France, Spain, Portugal and Greece. In The Netherlands and in England it was Protestant. Germany was not yet a nation, but numerous states, some of which were Catholic and some Protestant (Lutheran). This led to tensions and war. The Catholic inclined Stuart kings of England looked to France for inspiration - after Charles I had been executed, his son, the future Charles II took refuge in France. When James II ascended the throne as a Catholic there were tensions between him and Parliament which led to his eventual overthrow and the invitation to the Protestant William of Orange and his wife Mary to become joint monarchs. France began to take a harder line against Protestants during the century with Louis XIV repealing the Edict of Nantes which allowed religious toleration. Generally the century, throughout Europe, was not noted for toleration anywhere with constant conflict between Catholic and.Protestant. I'll leave someone else to comment on economy.