CA Nitin Kaushik shares how young investors can generate Rs 10 crore wealth with a simple three-step plan
Wealth tips from CA Nitin Kaushik to young investors
Seeing India entering a new phase of growth, Kaushik told young Indians that the current environment is unusually supportive of wealth creation. “India’s growth phase is just beginning. The economy, markets and the innovation curve are all working in your favour, not against you,” he wrote, urging income earners to avoid shortcuts and maintain a stable plan.
He laid out a simple three-step approach to financial planning: Save half of your earnings, invest most of it in stocks through SIPs, index funds or high-quality stocks, and stick with the process for 20 years. He emphasized that the combination alone could change lives. “At 12% CAGR, even a SIP of ₹1 lakh per month becomes ₹10 crore+. This is not a fantasy; this is compounding silently working its magic,” he said.
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Kaushik cautioned against chasing hype or timing the market. “You don’t need to trade every day. You just need to believe in India’s long game and keep investing,” he wrote.
Noise confusing young investors
Kaushik emphasized how the internet has turned everyone into a consultant. Recommendations clash every day – “Buy an ETF.” “No, buy stocks.” “Actually just stick to FDs; it’s safe and stable.” According to him, the problem is not the lack of information, but the pressure it brings.Also Read: A simple burning sensation may mean more than you think, and it’s not heart-related, says Harvard-educated gut doctorHe noted that people often compare their financial choices with others and eventually begin to doubt their own decisions. Someone who has been quietly investing through SIPs may feel left behind when a friend experiments with US stocks or real estate. But Kaushik emphasized that money is personal and building wealth is “coordination between your goals and your patience.”
Why financial behavior is never one size fits all.
Kaushik argued that every financial decision hides a story.
• “Someone who leaves savings of ₹5 is not ‘lazy’; maybe they are saving for a medical emergency.”
• “Someone who buys insurance-linked investments is not ‘old school’; perhaps they want security for their family.”
• “It’s not ‘risky’ for someone to pick stocks every day; maybe it’s their way of learning about the markets.”
He warned that doubt arises when outside opinions begin to prevail over one’s own needs. “Why keep cash idle when bonds are earning more?” “Why don’t you try derivatives? Everyone makes a profit!” – said that this pressure creates financial anxiety.
Three questions to ask before following any advice
Kaushik offered a quick checklist for anyone confused by financial advice:
“Why is this person giving this advice?”
“What is my time horizon?”
“What is my tolerance for losses if things go wrong?”
He said these questions instantly clean up half the mess.
There is no one right way; only the right path for you
Kaushik noted that different financial instruments fit different needs. Keeping money in the bank is practical in case the money is needed soon. SIPs work for those who want discipline. Stock picking is good for those who understand volatility.
To him, financial planning is about being self-aware rather than being aggressive or conservative.
Consistency beats intelligence
Drawing from his experience reviewing hundreds of portfolios, Kaushik said one pattern remains constant: Investors who stick with their chosen strategy, no matter how simple, outperform those who constantly switch. For him, consistency is a more powerful asset than intelligence.
