A tide of wealth is coming. Make sure that the boat you are in rises with the tide, and rises the most. The signposts are all around you. In the next 10 years India’s national income, or GDP, will rise to a level that is two times the level it grew in 60 years.
Average individual income (the calculation which includes India’s poorest) will now double every nine years, against nearly 20 years it took to double till 2001. Research reports abound on the future rise and size of Indian economy.
But the precise level of the coming wealth boom matters less than its implication. What it means for your prosperity is more important. It means a lot. From decisions like how soon and how well you can retire to what kind of education your kid can afford, everything depends on how much you can benefit from this golden period of investing. And that in turn depends on how well you understand the future and what you do about it.
In just 10 years from now, stock markets will be four to five times the current value. Property will give up to 10% annual returns. Gold could shoot up to $10,000 an ounce or Rs 1.4 lakh per 10 gram, a wild estimate that is seven times the current price.
Monday, 13 December 2010
Athlete- Preeja 's profile- Inspirational story
NEWS 21-11-2010
Top Indian long-distance runner Preeja Sreedharan clocked a personal best of 31:50:47 in the women's 10,000m final to clinch the country's fourth gold medal at the Asian Games in Guangzhou today.Kavita Raut, who won the bronze in the women's 10000m at the Commonwealth Games last month, walked away with the silver with a personal best timing of 31:51.44.
Preeja Sreedharan’s eyes turned teary as she spoke about her family. The girl from Mullakkanam in Kerala struggled to control her emotions as she narrated her life story after stunning the field in the women’s 10,000 metres.
“After winning, my immediate thoughts were with my mother (Ramini) and brother (Pradeep). They have made huge sacrifices and I am here today because of them,” Preeja said.
“I lost my dad when I was very young and it was a big struggle for all of us, my brother Pradeep had to quit studies after eighth standard and started working. He worked as a carpenter. Meri maa ko doosro ke ghar mein kaam karna padaa (My mother had to work in others’ houses),” said Preeja as she narrated her inspiring rise from a humble beginning to the top.
She is a girl who had to practice barefoot and was born in a family Below Poverty Line
Very Inspirational story.
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