Someone sent me this video Home loan Vs SIP calculation

Say no to restaurant bill do SIP Say no to home loan do SIP Say no to car loan do SIP Say no to vacation do SIP Say no to OTT subscription do SIP Say no to movie tkt do SIP Say no to living life do SIP 😜

आटा और चावल के पैसे का भी SIP करना है😂

Points to ponder: 1. Time value of money 2. Property appreciation 3. Intangible- mental piece and stability in life.. no hassles 4. On an average people used to repay in 8years 5. Rent considered too low and return considered too high 😃

The person who has made this -- Ask where his ten crores are? Recency bias -- Remember Japan's stock market -- 30 years -- zero returns

Unable to find Perhaps he saw the tweet and comes to reply

First you can’t rent house at 10-12000 rupees whose value is 50 lakh. What will be rent after 5 years? As I know rent agreements says 10% increase every year. Then tell me mutual fund which can earn 15% CAGR. bhai it’s flogged. Don’t follow.Home is important.

अपने घर में रहने का सुकून भी कुछ होता है भाई... उनको बोलो हमेशा पैसा ही सब कुछ नहीं होता 😊

Home Loan: 50 L Interest: 8.5% Reducing Balance Effective Interest: 4.95% HL Interest Rebate: Rs 2 L Per Applicant 80C: 1.50 L on Principal Time Value Of EMI Paid: 45K today will be equivalent to 1.6 L in 20 Years Appreciation: assume 6% for Home Whats bad here?

flawed assumptions: house rent will remain same for 20 years rent of 50L house will be 10 to 15k House market price will appreciate after 20 years, and even after getting 20% return from market, the investor is without a house.

1. No guarantee in mutual fund returns! 2. Market may crash in the 20 th year! 3. ONLY an idiot can tell that room rent will be the same for 20 years! 4. Those who don't have a home,ask them why HOME IS SWEET HOME! 5. House is an asset,this idiot has not calculated rental income!