*Is SIP Really the Right Choice? ๐ค* We often see ads claiming โน10,000 SIPs can grow to โน9 Cr at 18% CAGR! But after adjusting for 6% inflation, the reality changes. ๐ Reality Check: - โน10,000 in 1995 equals โน57,000 today. - Back then, a โน10K SIP was impractical for most. - Investing โน50K/month for 30 years at 12% CAGR yields โน17 Cr, but its present value is just โน3 Cr. โ So, Are SIPs Bad? Not at all! ๐ The key is context and strategy. ๐ก SIP Success Formula: - Start Early โณ โ More time = more compounding. - Stay Consistent ๐ โ Ignore short-term market noise. - Increase SIPs Over Time ๐ฐ โ As income grows, so should investments. Instead of chasing unrealistic numbers, focus on disciplined, growing SIPs for true wealth creation!
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