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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.
NEW DELHI: Vibhor Metal Tubes, producer of metal pipes listed with premium of 181 % towards its situation worth of Rs 151 at Indian bourses on Tuesday.On the NSE, the inventory commenced buying and selling at Rs 425, a surge of 181.46 % from the problem worth. Equally, on the BSE, shares of Vibhor Metal Tubes started buying and selling at Rs 421, marking a rise of 178.81 %.The inventory reached Rs 442 apiece on the BSE, a rise of 192.72 % from the problem worth. Firm’s market valuation within the morning commerce stood at Rs 838.14 crore on the BSE.Sensex, throughout morning commerce rose by 88.40 factors or 0.12 % to 72,796.56, whereas Nifty recorded a marginal improve of 15 factors to succeed in 22,122.10.Final week, Vibhor Metal Tubes’ preliminary public providing (IPO) subscriptions reached practically 300 occasions on the ultimate day, pushed primarily by institutional buyers.Headquartered in Haryana, Vibhor Metal Tubes Ltd (VSTL) supplied a contemporary situation of fairness shares with a face worth of Rs 10 every, totaling as much as Rs 72.17 crore by means of the book-building route.Established in 2003, Vibhor Metal Tubes focuses on manufacturing high-quality metal tubes and pipes, catering to numerous heavy engineering industries throughout India.
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