SIP – Systematic Investment Plan
It’s Simple Intellect Plan ….no big theories needed
Forget a mutual fund which has popularized this specific term, just get into any investment that can possibly generate a 12% CAGR over the next 40 years & never to stop contributing just 10k a month
The figs are there for you to see ??
About ₹ 9.8 Cr end corpus accumulated in 40 yrs
Someone starts at age 25, ending at age 65 is still young on a life span ?
I’ve just quoted 10k a month example. Extrapolate the amount to 40k or 50k or more a month – an amount you can contribute for yourself / kids / grandkids etc…but for nothing less than 40 yrs
Check the end figures multiplying yourself ?
Yes, 40 yrs is a long time but where is the start to 40 yrs?
Every young person who enters employment at 25 or younger, needs to do this start today
Adjusted for purchasing power / Inflation, it’s still not going to be a small amount by any means, at the end of 40 yrs, in the future ?
By the way…there are enough people all around India & Indians around the world; who can score a ₹ 1 Lakh SIP a month
Well, they can accumulate close to ₹ 100 Cr ? with 12% CAGR for 40 yrs
And I’m sure, majority people (high net worth / retail) with the ability to execute this simple yet effective wealth accumulation will miss to create this for sure, because… it’s way too simple for many brains as people need complications galore ?
If I’m healthy enough….we can definitely check in 40 Yrs ?
Make it 2 L SIP….200 Cr
5 L if one can afford, and I can go on and on…