Money Talks # 76???? - 5000 per month SIP can create 1 cr....but
People start investing in Mutual Funds with a goal of creating 1cr asset or any financial goals or without any goals. But going with 1cr goal with 5000rs ?investment is more than enough. It requires time.
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In 15 years, if you get 12% annual return, this investment can create 25 lakhs.
If you wait for another 5 more years that means in 20 years, then it will reach 50 lakhs rs.
Again if you keep it investing for another 6 more years, that means on the 26th year, this will reach 1 cr.
But the problem is who has patience to wait till 15 years. In investing, it’s your behaviour—not just your knowledge—that truly gets tested. To understand your approach, consider whether you excel in patience, maintain strong discipline, or could benefit from a coach to help resist the urge to book profits prematurely. This supportive guidance is exactly the role a good mutual fund distributor can play in your investing journey.
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