THE POWER OF INVESTMENT
Once upon a time, there were two friends, Rohan and Amitabh.
Rohan was a spendthrift, while Amitabh was a saver. Rohan would spend all his
money on fancy dinners, expensive clothes, and luxurious vacations. On the
other hand, Amitabh was frugal and saved every penny she could.
One day, Rohan and Amitabh received their annual bonuses at work. Rohan, as usual, went on a shopping spree and spent all his bonus money within a week. However, Amitabh decided to invest her bonus in the stock market.
Over the years, Rohan continued to live his lavish lifestyle while Amitabh consistently invested her money. Every time Amitabh received a bonus or extra income, she would add it to her investment portfolio. Meanwhile, Rohan continued to spend all his money and never invested a penny.
As time passed, Rohan started to realize that he had nothing to show for all his spending, while Amitabh's investments continued to grow. He was envious of Amitabh's financial stability and decided to ask her for advice.
Amitabh explained to Rohan the power of compounding. She showed him how even small amounts of money, when invested consistently, could grow into a substantial amount over time. She also explained that the earlier you start investing, the more time your money has to grow.
Rohan was impressed by Amitabh's investment strategy and decided to start investing as well. He cut down on his expenses and started investing a portion of his income every month. Over time, Rohan's investments grew, and he was able to achieve financial stability.
From that day on, Rohan and Amitabh continued to be friends, but they had very different financial lifestyles. Rohan learned the power of compounding, and he was grateful to Amitabh for showing him the way. He realized that it's never too late to start investing and that with discipline and patience, anyone can achieve financial success.
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