Investing in Mutual Funds is CRAZY
Did you know that if you start with investing 90K INR Each Month and step up your sip with 10% every 2 years, assuming 12% returns You’d have over 30CR in 2040? Now obviously you can consider inflation but still if you take out 4% of 30CR each year you would have 1.2CR Each Year i.e. ~10 Lakhs INR every month! Like what even lol.. Is there a catch for this ?
NanOrNull
Stealth
3 months ago
Bhai 90k salary nhi hoti 🙂 logo ki aap invest ka baat krhe
90k with annual 10% stepup and 12% interest after 15 years adds up to 7.8cr (only)
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90k per month? Only the ones with really a good package and with no other financial constraints can do so i believe.
Maakiaankh
Stealth
3 months ago
This person is not living just investing XD
This, I've stopped my SIPs once I got burned out and got existential crisis of why I'm even doing a job. Now I first spend the money on myself, things that I / my family want. And towards the end of the month whatever is left I invest it.
Yes it takes self control and lot of people can't do it, they spend it all. For them SIP is a great way to maintain discipline. But when I was investing 50-60% of my salary at start of the month I got depressed af
Bhai yha 90k yearly investment kr paunga..
Atleast 1 cr k package pe 90k per month ho payega invest..
On a salary of 1.5LPM, 90k i am able to invest. Maybe I’m privileged enough to not have any dependencies on me
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90k investment is not possible for 99% of folks so no merit in discussing something like this
D0nkey05
Stealth
3 months ago
Jeez, just because majority can't there's no merit in discussing?
Itna toh Mai kama nahi raha jitne ka tum SIP bol diye ho. Itne paise save karke kya karna hai? Jawani mein jeena hai bhai, Budhape mein nahi
Yep. Right now investing 50k PM. Have switched so would be able to invest about 80-90k pm
The contradictory thing is no one starts from 90k a month sip.
From personal exp, I started with just 1000 per month when I had a salary of 40k per month. After 5 years of investing I have taken it to 90k sip a month as my salary has grown.
It's a good thing to plan for savings but not at the cost of degrading your daily lifestyle. You should plan for a comfortable life and have good times with your family and loved ones.
Even though I am probably investing slowly, I tend to sometimes do a lumpsum top up in between if I feel I have excess money that I won't use in the short term.
Correction: Meant to say everyone doesnt start investing 90k from the start and it applies of most of us.
Household expenses increase approx by 10 times every 20 years. Families who were spending 1 lakh per month in 2020 were spending 10000 per month in Year2000 and Rs 1000 per month in 1980.
I would really want to see actual people having this. With so many layoffs happening, I don't clearly see a stable sustainable income for 15 years. This all looks good on paper, but reality would be totally different and probably skewed.
Gulaabjamun
Student
3 months ago
Aap kha the prabhu ??
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