The speaker discusses the achievability of a 10 crore corpus (a large financial target) through careful planning and wise investment. The key points are:
- It's possible to achieve a 10 crore corpus if you plan well and invest wisely.
- The speaker suggests investing at least 15,000 rupees a month for 30 years to accumulate 10 crores, assuming a 15% return rate.
- The speaker also suggests that the investment rate of return might be achievable with a 12% return on investments, and that the rate of return could increase by 10% every year.
- The speaker discusses the mix of investments needed to achieve the 15% target. They suggest that equities might be the best asset class for such a high return.
- The speaker also provides advice on how to adjust for housing needs while planning for a 10 crore corpus. They suggest that one should have one residential home and provision for it separately.
- The speaker concludes by emphasizing the importance of discipline and increasing the investment amount over time to achieve the financial goal.
1. The discussion is about achieving a financial target of 10 crores through smart investment strategies.
2. The speaker suggests that if you plan well and invest wisely, it's not unachievable to reach this target.
3. The speaker discusses a scenario where someone starts investing at the age of 30 and needs to invest at least one lakh a month for the next 20 years to achieve a 10 crore corpus.
4. The speaker then presents an alternative approach where you can start investing at the age of 30 with a monthly investment of 15,000 rupees, giving you 30 years to invest.
5. The speaker suggests that the key to achieving a high rate of return is to start as early as possible and increase your Systematic Investment Plan (SIP) by 10% every year.
6. The speaker discusses the potential mix of investments between mutual funds, National Pension System (NPS), Public Provident Fund (PPF), and Equity Linked Savings Scheme (ELSS) to achieve a target return of 15%.
7. The speaker emphasizes that while equity can potentially deliver higher returns, other fixed income schemes like PPF, NPS, and EPF might not be able to achieve the same return over a long horizon.
8. The speaker advises viewers to keep their retirement corpus separate from their residential home corpus, as each has different time horizons and risk profiles.
9. The speaker recommends a simple approach to investing for a 30-year time horizon: invest in index funds and sleep peacefully.
10. The speaker suggests that a good ratio for investing in NPS and mutual funds could be to keep your NPS limited to whatever your tax advantages are, and then put the remaining amount through mutual funds.
11. The speaker emphasizes the importance of holding through market corrections and avoiding frequent redemptions and churning.
12. The speaker concludes the discussion by suggesting that the goal should be to accumulate 10 crores within 20 to 25 years, and this is achievable with discipline and the ability to increase investments over time.