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How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š 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.
š 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
š 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: ā¹6,12,000
- Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
If you’re Indian sufficient, youād know Gangadhar hello Shaktiman hai, and this will likely additionally maintain true within the case of Elon Musk. The Tesla CEO is understood to numerous posts on X (previously Twitter), and a few assume that he has an alternate deal with (or burner account) below the identify āAdrian Dittmannā that he makes use of to reward himself and businesses-led by Musk.Who’s Adrian Dittmann and his Musk connectionWhile the speculations across the true identification of Adrian Dittmann have been making rounds on the web for a while now, it was final week that the speculation of Dittmann and Musk being the identical individual grabbed consideration.Individuals consider that Musk seems as Adrian Dittmann on the platform to amplify his concepts and reward himself in addition to his corporations. Earlier this month (on February 9), Dittmann appeared in a Twitter Areas session with Alex Jones. The attendees of the session guessed that Dittmann was Musk, however Dittmann denied it.On February 15, Dittmann posted, āThe amount of quality content on š is drastically increasing,ā to which person with the deal with TheLiamNissan replied, implying that he had guessed Adrian Dittmann was Elon Musk’s alt account.On February 18, TheLiamNissan’s account was eliminated, resulting in the hypothesis that Musk had the account banned, nonetheless, the handler clarified that on February 19 on rival platform Bluesky that he obtained “creepy threats” and deactivated his X account.Individuals began to scrutinise Dittmannās account, which is stuffed with praises for Musk and the companies led by Musk. Some even identified that the content material and language that Dittmann makes use of to share his posts are strikingly much like Muskās.Listed here are some posts from Dittmannās account:Right hereās an audio clip the place Dittmann is talking in a Areas session. Dittmann was requested in the course of the session whether or not he’s Elon Musk and Dittmann denied.
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