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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14mo ago
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WobblyDumpling
WobblyDumpling
Amazon14mo

Your calculations are wrong brother

WobblyDumpling
WobblyDumpling
Amazon14mo

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
CARS2414mo

How much are you investing for living a life?

GroovyLlama
GroovyLlama

This person is not living just investing XD

DancingRaccoon
DancingRaccoon
Wipro14mo

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
PayTM14mo

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
PayTM14mo

Yes you are...
Keep it up.

JazzyPanda
JazzyPanda
TCS14mo

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

ZestyQuokka
ZestyQuokka

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

FluffyWaffle
FluffyWaffle
Swiggy14mo

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

JazzyBurrito
JazzyBurrito
Oracle14mo

Why 90K? Invest 90L every month

DancingRaccoon
DancingRaccoon
Wipro14mo

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

BubblyLlama
BubblyLlama

Have you started investing?

FluffyLlama
FluffyLlama

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

DizzyLlama
DizzyLlama
Atlys14mo

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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