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How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

In 2020, I was saving ₹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ₹6,12,000 — and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

📉 What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

📈 Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

🔄 My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: ₹6,12,000
  • Average returns: 13-15% p.a.

🧠 What I’d Do Differently If Starting Again

If I could start over, I’d set up my SIPs and forget about the daily market noise. I’d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, I’d start even earlier — because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

BRUSSELS: Lufthansa’s bid for a minority stake in Italian rival ITA Airways might hurt competitors and result in larger costs, EU antitrust regulators stated on Monday, ramping up strain on the German provider to provide you with stronger cures. The European Fee stated the deal threatens competitors on short-haul routes between Italy and Central European international locations, in addition to on long-haul routes between Italy and the US, Canada and Japan.It might additionally strengthens ITA’s dominant place at Milan’s essential airport. The European Fee set out its issues in a press release of objections to Lufthansa, confirming a Reuters story earlier this month. Lufthansa and the Italian authorities can now put ahead new cures. The deal underscores the wave of consolidation within the airline trade, with British Airways-owner IAG looking for to purchase out Spanish airline Air Europa. Lufthansa desires to purchase a 41% stake within the state-owned Italian rival for 325 million euros ($351.46 million) as a part of a capital enhance.

#Lufthansa #ITA #Airways #deal #damage #competitors #antitrust #watchdog

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