FluffyLlama

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 ?

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WobblyDumpling

Amazon9mo

Your calculations are wrong brother

WobblyDumpling

Amazon9mo

90k with annual 10% stepup and 12% interest after 15 years adds up to 7.8cr (only)

FluffyLlama

Velocity9mo

Oh lol. This is why you should never trust chatgpt

SqueakyPenguin

Walmart9mo

Bhai 90k salary nhi hoti 🙂 logo ki aap invest ka baat krhe

SwirlyNarwhal

DealShare9mo

Kaafi ghatiya projections

FluffyLlama

Velocity9mo

Why

PerkyWalrus

CARS249mo

How much are you investing for living a life?

GroovyLlama

Dashtoons9mo

This person is not living just investing XD

DancingRaccoon

Wipro9mo

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

WobblyHamster

PayTM9mo

Bhai yha 90k yearly investment kr paunga..
Atleast 1 cr k package pe 90k per month ho payega invest..

FluffyLlama

Velocity9mo

On a salary of 1.5LPM, 90k i am able to invest. Maybe I’m privileged enough to not have any dependencies on me

WobblyHamster

PayTM9mo

Yes you are...
Keep it up.

JazzyPanda

TCS9mo

90k per month? Only the ones with really a good package and with no other financial constraints can do so i believe.

ZestyQuokka

Quantiphi9mo

90k investment is not possible for 99% of folks so no merit in discussing something like this

FluffyWaffle

Stealth9mo

Jeez, just because majority can't there's no merit in discussing?

JazzyBurrito

Oracle9mo

Why 90K? Invest 90L every month

DancingRaccoon

Wipro9mo

Lmao OP would get shocked by the numbers after 10-15 years

BubblyLlama

Freshworks9mo

Have you started investing?

FluffyLlama

Velocity9mo

Yep. Right now investing 50k PM. Have switched so would be able to invest about 80-90k pm

DizzyLlama

Atlys9mo

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

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