The world is growing at a rapid pace. Financially India is growing the fastest. In this fast changing world not only our status, stature is growing but also the inflation. In the fast growing economies, steadily increasing inflation is bound to decrease the value of the money you are hard earning says Dhirendra Kumar, CEO, Value Research in his article in Economic Times.
He gives a very interesting explanation to prove his point. He goes on to say that value of Rs 1 Lakh rupees in 1984 is equal to Rs 7,451 in 2017.
The only conclusion we draw from his Economic Times article is, older and conventional means of investing will not make us rich!
Original Economic Times article by Dhirendra Kumar, CEO, Value Research: http://economictimes.indiatimes.com/articleshow/57451629.cms