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Thursday, April 20, 2006

500 crores as divident!

I plan to retire with 1 crore Rupees in the bank. Dont gasp. Its true. I believe it will be enough for me and my family to have a life of leasure with 1 crore. It will take me my entire life of slogging and saving and investing to have that much when I'm 45. And yes, I dreamily plan to retire at 45.

Yesterday I heard that Mr Premji got more than Rs 500 crores as divident from the shares he holds, and he earned it in a minute. The board decided to give out Rs 5 as divident payout per share and in a minute Premji was richer by Rs 500 crores.

Holy shit. And to think I wanted to retire with the princely sum of 1 crore in the bank. I cant believe my set my sights so low ;)

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