Great article.
1. No one should skip SIP.
2. Even if you do a bank rd of just Rs. 6700/month, you will get Rs. 1 crore in 30 years.
3. If you do the SIP in stocks and get 15% compound, you can make 1 crore in 30 years by investing just Rs. 1445/month.
4. Note that sensex has given, 15% compound returns in last 15 years I could check.
5. If you are lucky and get into stocks which can give 20% compound returns, Investing just Rs. 1000/month for
10 years will take you to Rs. 4 lacs
20 years will take you to Rs. 32 lacs
30 years will take you to Rs. 2.3 crores.
So, what are you waiting for and debating? Rock guys rock. Hope after next 10,20,30 years you will remember Dakhsh, Anand and mumbaibull for forcing you to start SIP.