A young friend of mine just began his working career.
We met for lunch one day. One of his questions to me was, “Vipin, how can I be a millionaire? And I mean a dollar millionaire. How should I be investing to reach that goal?”
Hmm. It wasn’t the first time I heard a question like that. Who doesn’t want to be rich, a millionaire?
To answer my friend’s question, I ran some quick calculations. Now, he has set his goal to be a millionaire, that too a dollar one. For ease of understanding, a million dollars at the exchange rate of Rs. 66 to a dollar would mean about Rs. 6.6 crores.
Whoa! That needs some work. Let’s crack it. Here we go!
