Anant Ladha on Doubling Your Money: How Different Asset Classes Compare
Anant Ladha shares that savings accounts double in 20 years at 3.5%, real estate in 7.5 years at 9.5%, and high-performing indices in 5.5 years with 13% returns.
Anant Ladha on Doubling Your Money: How Different Asset Classes Compare
Photo Credit: Anant Ladha Instagram
- Savings Strategies
- Real Estate Advantage
- Top Performing Assets
Curious about which investment will double your money the fastest? Anant Ladha breaks down the time it takes for various asset classes to yield significant returns.
1. Savings Accounts
- Public Sector Banks: Average return of 3.5%; doubles your money in 20 years.
- Aggressive Banks/Small Finance Banks: Average return of 5%; doubles in 15 years.
2. Fixed Deposits
- With an average return of 6.5%, fixed deposits double your money in 11 years.
3. Real Estate
- Investing in real estate in Mumbai offers an average return of 9.5%, allowing your money to double in 7.5 years.
4. Gold
- Gold has an average return of 9.2%, making it a stable option for long-term investment.
5. High-Performing Assets
- An investment in a top-performing index can double your money in just 5.5 years, with an impressive average return of 13% over 8 years.
Finally, understanding how long it takes for different asset classes to double your investment can guide you in making precise financial decisions. From savings accounts to high-performing indices, choose the right investment strategy that aligns with your financial goals.
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