He is a consultant working in a top consultancy firm, and he was thinking of starting a consumer brand.

During the discussion he mentioned the total savings that he has now, and the total net worth that he will have after 10 years.The amount that he quoted was staggering to me, and I asked how he managed to create so much wealth considering he is younger to me.

He said, he understood the power of equity investments and compounding, and he started investing from a very young age.

From the very first salary, be contributed at least 30% to SIP and the majority of that went into mid and small caps funds.

Considering the rally that the mid and small cap funds have had since 2020, it is not surprising that he is a happy man now planning his next phase of life at age 33.

It is easy to achieve a good net worth with a SIP of Rs.50,000.

But what is not easy is to be consistent with our investments for a long period of time.

I feel, building huge wealth is a game of discipline and not a game of intellect !!!