Hey I am on Medial • 1y
How can I reach ₹1 Cr by the time I'm 30? Help a total noob out! I'm 23, single, and earning around ₹18 LPA, living in the pricey city of Bangalore. Here’s my current monthly breakdown: Rent: ₹20K Food, groceries, and paying house help: ₹10K Swiggy
Brother... You just need to invest 50k for 7 years with 22% CAGR return , After your calculations still you have money left from salary so you can continue same lifestyle and carry on.
How do we get 22% cagr annually?
Best way to achieve is Invest. Small case can be best now or direct stocks according to the risk appetite, it's not easy but achievable :) You may get 2-3 % here and there future is always unpredictable , instead of thinking how let's start now .
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