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Fundamental Investor ™ 🇮🇳
@FI_InvestIndia
Retired at 33 | Proud Owner 🇮🇳 Businesses | Homeschooler | Educator | Motivator | 💤💤💤 #Dividends# #Compounding# #WealthCreation# #Financial# #Independence# #FI#
Joined March 2017
42 Following    291.4K Followers
With a Consistent SIP of ₹5000 per month, it takes around 10 years to accumulate ₹10 Lakh. Yes, takes lots of effort, patience & determination. But, It takes only one Medical Emergency for a Hospital to charge ₹10 Lakh from you. Yes. It would just take a Few Days for ₹10 Lakh to Vanish in an Emergency. Ensure that you have at-least 6 months of Expenses (including EMI) as an Emergency Fund. This is Key. Allocate around ₹2000 - ₹3000 per month to get a proper ₹10 Lakh Base Health Cover (with Non Consumables) + ₹90 Lakh Super Top Up for your Family 😀 Do your Research. Take Health Insurance Early. As someone wise said, we are only ONE Hospital Bill away from Bankruptcy !!! #FI#
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