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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.
The money plant, also known as the Pilea peperomioides, is a popular houseplant that has gained a reputation for being easy to care for and bringing good luck and prosperity to its owner. But have you ever stopped to wonder why it’s called the money plant? Where does this name come from and what is the history behind it?
The origins of the money plant’s name can be traced back to its association with wealth and prosperity in Chinese culture. In Chinese folklore, it is believed that the money plant brings good fortune and financial success to those who own it. The plant’s round, shiny leaves are said to resemble coins, which is why it has been given the name “money plant” in Western culture.
Another theory behind the name of the money plant comes from the fact that it is often gifted as a symbol of goodwill and good luck. In many cultures, the giving and receiving of a money plant is believed to bring wealth and abundance to both the giver and the receiver. This tradition may have contributed to the plant being known as the money plant.
Interestingly, the money plant’s association with wealth extends beyond its name. In Feng Shui, the ancient Chinese practice of arranging living spaces to create balance and harmony, the money plant is believed to attract positive energy and encourage prosperity. Placing a money plant in the southeast corner of your home or office is said to bring financial abundance and success.
In addition to its symbolism and association with wealth, the money plant is also known for its rapid growth and ease of propagation. It can thrive in a variety of conditions and requires minimal care, making it a popular choice for beginner gardeners and experienced plant enthusiasts alike. Its ability to thrive and flourish with little effort may also contribute to its reputation as a bringer of good luck and prosperity.
Whether you believe in the mystical properties of the money plant or simply appreciate its beauty and ease of care, there’s no denying that this plant has a special place in the hearts of many. Its origins may be shrouded in mystery, but one thing is certain – the money plant is a beloved and cherished symbol of wealth and prosperity in cultures around the world.
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why is it called money plant