Eternal fool 🤡 Profile picture
An almost passive parasite. Rajinikanth, Kingfisher, & masala peanuts. I'm in ❤️ with a low-cost broadmarket index fund: https://t.co/HX9ZEUUJbv.

Mar 4, 2023, 8 tweets

I live in Silk Board, the flyover of my dreams 😶‍🌫️

A decent underwear costs Rs 245. People need at least 6 pairs of underwear, but if you are poor 3 will do. But did you know spending on underwear will cost you lakhs? 🤯😲🤯

Here's why I won't buy underwear🧵

To being with you need at least 6 underwears, which means, you'll have to spend Rs 1470. If you had invested at 12% in an index fund, you would've saved ₹ 44,048!!!!!

The world is getting hotter due to climate change, which means chafing will increase, which means, underwear will tear faster. So you'll need 6 more underwear every year.

So Rs 1470 (1470/12=122) every year at 12% for 50 years = 48 lakhs 🤯

Avg Indian life expectancy is 70!

But WAITTT! You didn't consider underwear inflation. According to RBI and the Ministry Of Textiles, the average underwear inflation in India is 8%. If you had instead invested at 12% in index fund and increased your SIP by 8% every year, you would've saved Rs 1.1 crore 🤯🤯🤯

Instead, you can make underwear from used newspaper for just Rs 299.

Ok, you can argue newspaper won't last long. Fair.

You use leaves. They are free and you can use fresh ones, everyday. They are ayurvedic too.

Ok, leaves are not acceptable in civilized society. You can make your own underwear for less than Rs 80. per kilo of Used clothes cost less than Rs 80 and you can make 100s of underwears. You can even sell then as recycled underwear for Rs 100 per underwear #Entrepreneurship

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