What is the need of investment?

 Investment plays an important role in our life. We must have heard from our parents that boond boond se ghada bharta hai but this formula doesn't fit in the current scenario. As we know that inflation is increasing day by day which has been eating our money kept in bank account. As per my opinion if you are a lower salaried individual having salary upto 30k and if you want to become financially independent then you should start investing in early age may be in your 20's. The investment could be in stocks or in mutual funds, in both cases you can do SIP(Systematic Investment Plan). The SIP of Rs-15k started at the age of 20's can generate the huge corpus of 1 crore at the age of 40. As we know that the compounding is the 8th wonder of the world as told by Warren Buffet. Life mein risk to har jagah koi cheej fixed nahi hai, agar risk lekar aap apne 40's mein retire ho sakte hai toh isme bura kya hai.