SBI stock’s 5-year SIP returns: 33.5%.
Nifty 50’s 5-year SIP returns: 19.2%.
Seems impressive, doesn't it?
However, SIP in stocks may not be a great idea for wealth creation.
And it is not similar to SIPs in mutual funds.
Here are 3 key reasons. A 🧵
Traveling through Haji Ali to Worli - you ll see a newly built bus stop near NSCI / Nehru Planetarium. @myBESTBus created a modern bus stop equipped with library,charging points,LED displays,post box,qr codes. Should bring relief to commuters. #Mumbai#socialinfrastructure
In the 21st edition of the Brave New World, we bring into light US equity valuations, wage inflation, BOJ, AUM and more!
Read the full edition to gain some meaningful insights- https://t.co/Q4uhj2lXgu
Cheers!
#TuesdayThoughts#bravenewworld#NewRelease#finances
The 3 year XIRR on a fund is still 22% while the 1 year return is just 2 % !! For some others it is negative for 1 year
That's the way the market is. Extraordinary returns in some years and negative in some years.
@RoadsOfMumbai The @MTPHereToHelp Bandra Traffic Division is always in & around Lilavati Hospital at Bandra West preying on helpless citizens who have rushed kins in medical emergencies & all roads & bylanes around Lilavati made no parking only to accommodate illegal hawkers on main road !
Mumbai: A city where you will find ample parking inside malls and valet parking at restaurants, but most hospitals won't have a pay and park provision.
And the moment you park your vehicle outside the hospital to attend an emergency case, you will receive a challan!
Shri Shanti Bhushan Ji will be remembered for his contribution to the legal field and passion towards speaking for the underprivileged. Pained by his passing away. Condolences to his family. Om Shanti.