FluffyLlama
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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6mo ago
7.9Kviews
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WobblyDumpling
WobblyDumpling

Your calculations are wrong brother

WobblyDumpling
WobblyDumpling

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

FluffyLlama
FluffyLlama

Oh lol. This is why you should never trust chatgpt

SqueakyPenguin
SqueakyPenguin

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

SwirlyNarwhal
SwirlyNarwhal

Kaafi ghatiya projections

FluffyLlama
FluffyLlama

Why

PerkyWalrus
PerkyWalrus

How much are you investing for living a life?

GroovyLlama
GroovyLlama

This person is not living just investing XD

DancingRaccoon
DancingRaccoon

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
WobblyHamster

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

FluffyLlama
FluffyLlama

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
WobblyHamster

Yes you are...
Keep it up.

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