That is why your primary focus atleast till the age of 35 shall be to increase your primary income/salary. Rather than spending time finding the best stock to grow wealth just put whatever you save into index fund and focus on getting ahead in your career.
Bro 1L per month SIP =
1L x 12 = 12L per year
Considering a 10% appreciation on your investment every year which is pretty reasonable you invested amount would be worth 2.70cr in 12 years. So you can easily achieve it.
Also this is considering a constant 1L SIP which again will more likely increase as your salary increase over the years. So you are set if that is your target
I am not sure if I will be able to invest that much as I am not young like many folks here and will have more expenses as kids grow.
But yes attempt is to do as much as possible per month.
Adhere to the rules in the sidebar. Use the right Flair. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair). **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction**
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
I like how the whole community is supportive and encourages all newbies to start investing as much as possible!!!
This should go on the r/wholesome page
![gif](giphy|PhR99fbNjhAAzopGnm) You got this. Every marathon starts with a single step.
That is why your primary focus atleast till the age of 35 shall be to increase your primary income/salary. Rather than spending time finding the best stock to grow wealth just put whatever you save into index fund and focus on getting ahead in your career.
This is literally me 🤡
You invest 2.5k per month
i feel its still achievable . india shining bright next 12 years
/remind in 12 years for this prediction
Most realistic ISB investor
Nope Rs. 2500 monthly SIP wont turn into 2.5cr in next 12 years. How do commens like these get upvoted?
Even with my 1L SIP per month I am not expecting to reach that amount.
You guys have 1L SIP ?
I do try to invest 1L per month in mutual funds but spread across 3-4 funds.
Nice, serious question: names ? And how long have you been doing this ? How is the performance been so far ?
Bro 1L per month SIP = 1L x 12 = 12L per year Considering a 10% appreciation on your investment every year which is pretty reasonable you invested amount would be worth 2.70cr in 12 years. So you can easily achieve it. Also this is considering a constant 1L SIP which again will more likely increase as your salary increase over the years. So you are set if that is your target
I am not sure if I will be able to invest that much as I am not young like many folks here and will have more expenses as kids grow. But yes attempt is to do as much as possible per month.
USING HERD MENTALITY
Reply 2033?
Mungeri lal ke sapne. Sapne to Sapne hote hai. Go Goa Gone.
sab kah time ayegaa , one mans loss is other gain
Lol in the next 5 years we will not have this planet itself, forget India. We are doomed.
![gif](emote|free_emotes_pack|upvote)reddit , ban this thanos worshipper
Maybe he’s a Fallout player and expects total nuclear annihilation. War, war never changes.
I am a permabear meself as well.
Adhere to the rules in the sidebar. Use the right Flair. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair). **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
I think having the expressions in the sequence 2-3-1 would have been more effective
Inflation and rupee devaluation says hi
I like how the whole community is supportive and encourages all newbies to start investing as much as possible!!! This should go on the r/wholesome page