Coder Girl @lost_techie - Twitter Profile

Retail investors are saving and investing like our parents used to do in 1990-2005 era. Read it carefully to understand SIP is another middle class trap for retail investors. Yes it is very tempting to see that 10k per month SIP would generate 3cr in 30 years with 12% return. But after 30 years this 3cr would be equivalent to 66 lakhs of today after adjusting inflation. With 66 lakhs in today's term you can only afford average education and marriage of two kids. So saved and invested for 30 years window to fund education and wedding of two kids, but same thing our parents were doing by working their entire life to fulfill responsibilities. All these stock market experts and influencers would tell you to start SIP as early as possible and would show you these calculations because retail investors are their biggest market to sell content and courses. But do really these influencers made money through SIPs? Absolutely not, they made money by selling you content and courses not through SIP in stock market. Check the history and tell me one big stock market name who became rich by doing SIP in mutual funds or bluechip companies. You won't find any, because they all bet on early stage startups that build wealth to them and not some 12% return. Just check how much return they made in initial 10 years. These 12% returns only make rich, richer and doesn't make middle class rich. Want to hear your thoughts on it and open for healthy debate.

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