“A Story of Smart SIP Investment: How to Grow Money Stress-Free”

Story of the smart investment plans 

Hello friend, today I want to tell you a cool story. This story is not just a story, it is based on reality and its impact is still going on.

This is the story of my friend Pradeep, I and Pradeep are childhood friends, we both keep searching for ideas in our free time, I talked about starting SIP, finding a good fund and investing money in it.

Pradeep said yes I have a brilliant idea, I said what is the idea so he asked me which fund are you thinking of taking, so I said I am thinking of taking a large cap fund in equity and hybrid for the long term

How and how much should I invest?

So Pradeep said, "Wow, great, how much return should I expect?"

 I replied, "Approximately 15%." Hearing this,

 Pradeep said, "Very good, now how much money should I invest every month?"

So I said that I can invest Rs 5000 every month. Hearing this, Pradeep said, "Can you invest this amount every month for a long time?"

I replied, "Yes, why can't I?"

So Pradeep said, "Is it true that your whole life is going to be the same? Will your life be the same?"

Sometimes you have to go to the hospital, sometimes you take any kind of loan or do some big work that requires a lot of investment, and if that happens, your monthly investment setting will not be there.

There are many people who have a lot of money right now and can invest it wherever they want, but if you think about the long term, there will come a day when we don't even have any money, what should we do?

Pradeep says that's why I told you earlier how much rupees you will invest. 

I mean I said that I will invest 2000 rupees because who knows what will happen in the future. Now instead of 5000, I will invest 2000 every month.

This is how smart investing with FD should be done

Fixed deposit 

So Pradeep said, "How much money do you have now?" I replied, "7 lakh rupees." So Pradeep said, "Out of this, invest 4 lakh 24,000 rupees in a bank FD."

You want ₹2,000 interest per month

So ₹2,000 × 12 = ₹24,000 per year

Assuming the annual interest rate of the FD is 6% (regular bank FD)

From here Principal = Interest ÷ (Rate/100)

 Principal = 24,000 ÷ (6/100)

 Principal = 24,000 ÷ 0.06

 Principal = 400,000

So you will have to make an FD of ₹4,00,000 to get ₹2,000 per month

FD at 6% annual interest = ₹24,000 / year = ₹2,000 / month

Now out of the 424000 rupees, only 400000 has to be invested and the remaining 24000, your investment of 2000 every month will be automatic and after one year, you will start receiving 2000 every month.

FD with Systematic Investment Plan. 

I was happy to hear this, wow, what a great idea you gave me and I also invested in this way, this is how money can be earned, now no matter how long I keep sip, I will have 4 lakh 24 thousand rupees, sip will not stop for the whole life and I will not need to look anywhere else.

So, if you liked the story, then there's no need to thank you, but please send this post to your friends, so I'll feel like you said thank you.

Note: This was just a real story, my job is to give you ideas. If you invest in any place, then be careful because there is also risk in SIP, so any type of investment document should be read and understood carefully.

🦁Kathi kuwar🐾