What would you do to combat rising inflation
@choudhary03 (943)
Hyderabad, India
March 17, 2008 2:28pm CST
I am trying to cut down my expenditure and waiting for things to get settled. I would consider investment opportunities if i have good return on investment.
2 responses
@mumbaimillionaire (11)
• India
18 Mar 08
The following information is an extract from an economic survey & is quite interesting and at the same time thought provoking.
In 1940 if you had Rs.10/- you could manage your home for a month
In 1960, you needed Rs.100/- to manage your home for a month
In 1980, Rs.1,000/- was needed to manage your your home for a month
In 2000, you needed Rs.10,000/- to manage your home
By the above logic, you would need Rs,100,000/- by the year 2020 to manage your home for a month. if the logic was same for the last 60+ years, it will be same in the future.
High time, you thought about earning Rs.1,00,000/- a month.
I did the same. I have started working with the best MLM in Asia which has made more than 225 Indians crorepathis and through which 800+ Indians are earning today Rs.1,30,000/- a WEEK !!!!!
Interested? Want to know more about it? contact me
Mumbai Millionaire
@choudhary03 (943)
• Hyderabad, India
18 Mar 08
Thank you very much. I thought of investing in gold but never thought of investing in EUR currency. Thank you very much for this advice.