30 years ago: [1] If your parents/grandparents had purchased a land (let's say 200 Sq Mtr). The value of that now would easily be between 40 Lakhs - 5 Crores depending on the city. [2] If your parents/grandparents would have invested 5000Rs monthly in Index Funds, the value now would be roughly 2 Crore. [3] If your parents/grandparents would have purchased gold worth 1 Lakh in 1991, it would be worth 10 Lakhs now. 30 years from now, similar story will repeat. If you are in your 20, 30, 40s reading this: Fact is: People who invest, will build wealth. People who sit on the sidelines and do nothing, will unfortunately suffer. Learn about all asset classes. And, invest in the ones you understand.
@Akshat_World Man, I wonder if my parents chose the wrong option. Should I start praying to the land gods for a favor or should I hop on the Index Funds train? Investing in land or index funds definitely pays off in the long run. Smart move by our parents and grandparents!
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@Akshat_World In case of India, a piece of land will always beat the stock market in terms of return . Period
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@Akshat_World Absolutely 👍 Investing is the way to go.
@Akshat_World Invest in assets that you understand.
@Akshat_World But a piece of Land is worth more than all other investments, if you have the funds and capacity.