Why should Everyone invest into Mutual Funds?
Categorization of People based on their financial Status to create guide for every category on how to invest in Mutual fund
- A Poor Person, (poorest of the Poor): Those from economically marginalized backgrounds striving to elevate themselves to the middle class or desiring wealth for their descendants.
- A middle class (Middle-Income Earners): Individuals whose income is primarily allocated to their children’s education, matrimonial expenses, and monthly installments.
- A Business person(Established Entrepreneurs): Business owners who manage enterprises of 100s crores.
A Marginalized Person, (Poorest of the Poor Class)
In an interview, Bill Gates, co-founder of Microsoft and one of the wealthiest individuals globally, made a compelling statement regarding poverty:
“If you are born poor, it’s not your mistake, but if you die poor, it’s your mistake.”
Here we are discussing about Mutual fund investment as a strategic vehicle for empowering the economically disadvantaged and marginalized people.
mutual fund investments stand as a beacon of hope for the most marginalized and impoverished individuals in society. The principle of compounding in mutual funds presents an opportunity to alter the course of their financial destiny, not just for themselves but for generations to follow.
For Poor Person, where minimum wage is quite low around 200Rs per Day. Can such worker save 33rs out of it on daily basis, the concept of setting aside even a small fraction of their income towards an investment may seem daunting. So, answer for how to invest in mutual fund is below-
By investing just INR 33 daily out of a wage of INR 200, which accumulates to INR 1,000 monthly, they can initiate a powerful change.
Let’s explore the profound effect of INR 1,000 invested monthly over 40 years at an annual return of 15%:
In just 40Yrs, Life of the poor person will be different with hoping 2.3 Cr saving in Bank Account.
This calculation illustrates that with discipline and patience, even the poorest can amass a significant corpus, challenging the narrative of poverty as an inescapable fate and proving that strategic investments can indeed pave the way to a more prosperous future for their descendants.
Middle Class
A Personal Appeal to the Middle Class: Break the Never-Ending Cycle through Investment
Life of middle-class often feels like a treadmill. You work hard, juggle responsibilities, and try to keep up with life’s demands. It’s a cycle that seems never-ending: studying hard for a good job, then the job leads to loans and debts for things like a house, a car, or even a vacation. Spend all the money today which is going to be earned 10-30Years later ( In the name of EMI for Home, Car, foreign Tour, iPhone and many other things….) and next generation again follow the exact same cycle of starting from Zero like Study-higher education- Job- EMI and then Retirement.
So what is the solution available to break this cycle and fly in JET like bigger businessman who is visible into other country every fortnight enjoying best of the best quality they need…
if I told you there’s a way out? A way to break free from this cycle and not just live, but thrive? To soar beyond the conventional, to experience life’s luxuries not just in dreams but in reality?
The answer lies in a transformative approach to financial planning.
With just INR 1 lakh (a sum often gets expended on kids Bday) investment for 100 Years..
[why such long duration of 100Yrs.. Critical life disease needs longer solution]
Let’s Calculate it –
The Maturity Number is 11,800 Cr
[Like you, I am at same stage of seeing this unbelievable number which could be going in middle class pocket]
This is not mere speculation but a testament to the power of right investment. By choosing how to invest in mutual fund wisely today, you can secure a legacy of wealth and opportunity for generations to come. It’s a bold move, one that requires faith in the future and the courage to envision a life beyond the ordinary.
Upper Middle class ( /Business class):
Enhancing Wealth for the Accomplished Upper Middle/Business Class through Mutual Funds
your success in your career or enterprise is commendable. To augment your financial achievements, mutual fund investments emerge as an outstanding avenue for wealth expansion.
Key Advantages of Mutual Funds:
- Diversification: Mutual funds provide an investment in a diverse array of securities, mitigating risk by balancing the performance of various assets.
- Professional Management: Expert fund managers deploy their knowledge and experience to make strategic investment choices, potentially yielding superior returns than individual investing efforts.
- Liquidity: The liquidity of mutual funds is unparalleled. You have the flexibility to purchase or liquidate your mutual fund holdings on any business day at prevailing market rates.
- Flexibility: Tailor your investment strategy by selecting funds that align with your risk appetite and financial objectives, such as equity, debt, or balanced funds.
- Systematic Investment: A Systematic Investment Plan (SIP) fosters a methodical and disciplined approach to saving and investing.
By leveraging mutual funds, you can effortlessly continue your professional endeavors while entrusting the growth and preservation of your hard-earned wealth to seasoned experts. One must know the passive investment strategy, on how to invest in mutual fund, ensures that your capital not only remains secure but also flourishes over time.
If you missed the part 01 of this story, must read it here at link(Part-01)