90% people invest around 10K to 15K per month in MF through SIP and remain invested for 5 to 6 years. Even with 12 to 15% CAGR, the corpus is too small to create any asset. Is it worth it. I wonder.
Please increase your salary and the amount of investment.
10k is very less.
Try a step-up calculator. I tried using these numbers :
Do you think close to 10CR from now will beat the inflation after 15 years and yup 1 lakh is good amount expecting a return of 11-12% but saving and investing this much atleast asks you to have 2-3 years of work ex minimum to reach that number
Theoretically no.
But 10cr is a good amount.
Once you reach there, you can think what to do next.
SIP is not the way to become rich. It's a way to achieve savings through disciplined investment At the end, either business or a rich spouse would help you to get rich but each is fraught with its challenges
How to increase the salary!! And I am talking about those who can not invest more than 10 to 15K per month. Should they continue with SIP.
You increase your salary by switching jobs/industry/country etc if you are an employee. It's not easy, but it's worth it.
Hello good people of grapevine,
I have recently started my full-time job as a software engineer, and wanted to start my journey into investing.
After doing a bit of research, I feel SIPs in mutual funds is the way to go forward at this...
If I can do it anyone can. being a women and reaching this seems an accomplishment started with 5000 rs salary no one had faith I could do this.
Wow 🎉🎉 Just curious what was the period and what do you do ?
Now it will take less than 6 years to grow next 3 CR power of compounding. 👍👏
I’ll go first.
What kind of investor are you? I am an opportunity investor, and I do buy good stocks whenever they are in reasonable valuations. Below are my monthly numbers.
Where’s the majority of your investment portfo...
Bhai main to hardly 20k karta hu 5k MF ~15k smallcases Fir jitne bachte hai unse equity main kuch le leta h...
It's been close to a year since I am earning a salary and this is what I do:
Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...
I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...
