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#241 | How to Build Rs 1 Crore in 3 Years?
Original: #241 | How to Build 1 Cr in 3 Years?
Takeaway
Building Rs 1 crore in 3 years demands aggressive savings, equity-heavy allocation and disciplined execution.
Summary
- Discusses Cash-on-Drive (CashDrive) Marketing: significant buzz after Arihant Capital conference but flags execution risk
- Walks through a viewer plan to build Rs 1 crore in 3 years given Rs 11.9 lakh stocks, Rs 12.2 lakh MFs and Rs 2500 in US stocks
- Viewer also owns a Bengaluru house bought for Rs 67 lakh plus Rs 8 lakh registration
- Praises early financial discipline (govt school + hostel taught value of money at young age)
- Notes Rs 1 cr in 3 years is aggressive and requires high savings rate plus equity-heavy allocation
1 CroreFinancial PlanningEquitySavings RateGoal Setting
Original description
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