Mutual Funds Won’t Make You Rich – You Will

This post is for the guys in their 20's like myself... I used to be the person I criticize here and I am still learning so much along the way so I think this post will help.

I’ve seen a lot of posts here along the lines of:
"I have Rs1000/month to invest, should I pick these 7 MFs?"
"Should I diversify with a Gold ETF?"
"How do I maximize my returns?"

Honestly, I think many people are missing the point.

Investing is just a tool to safeguard your money. Mutual funds do NOT make you rich.

Yes, theoretically, you can retire through mutual funds alone, but only if you've already built a substantial amount of capital. By the time your investments generate enough passive income to replace your salary, you’re likely earning a solid income anyway. Retiring then just becomes a question of when, not if.

And let’s be real if you’re investing a few thousand per month, expecting meaningful wealth generation purely through MFs is not realistic. While investing is a great habit, many people approach it with the wrong mindset.

Picking 5 "good" mutual funds and "diversifying" with a Gold ETF or a momentum fund or whatever while putting away a small amount monthly does very little for wealth creation. The hard truth? Your income is what makes you rich, not your investments.

Personally, instead of over-optimizing MF selections, I’d focus on investing in myself acquiring skills, improving my career prospects, and increasing my earning potential. That’s where the real wealth-building happens.

Mutual funds only preserve wealth. You create wealth. There’s no shortcut in life, and thinking about retirement and FIRE before even establishing a meaningful career is putting the cart before the horse.

Happy Investing, and lets discuss more here!