🚗👨‍🔧 <> 💲🥷

Growth Marketer

🚗👨‍🔧 <> 💲🥷- Grapevine

Welcome to Personal Finance's Private Community

Those who have cars worth 30L+ what do you do for living?

Growth Manager

I’m in the process of getting a car. I absolutely love cars and don’t mind splurging a bit to get a nice car.

Looking for recommendations: why did you buy it? How much did you pay? Any regrets?

Any Merc/Audi/BMW/Porsche owners here?

What car do y’all drive? 🏎️

Hello,

I'm curious about your insights on smart investment strategies for the money I've earned through internships and other sources. How can I make the most of these earnings? I'm open to suggestions and keen on learning from your experiences. Thanks in advance for your valuable advice!

What's the Best Way to Invest Money Earned from Internship and Other Sources?

Folks in Bangalore, what is the budget friendly method to commute to airport?? Have an early morning flight to catch..

Any option other than airport bus?

Compute to Bangalore Airport

Analyst

Welcome to Indian Startups's Private Community

Has anyone applied to YC? If yes what was your experience, what all have you done before applying to YC? What was your market segment? Any other stories and gyaan related to applying and working with YC please!

Experience with Y Combinator

Software Engineer

What car do you own? And why that one?

Welcome to Business Roles's Private Community

Education background Information technology tier 2 college 2021 passout

10th - 92%
12th - 90%
B.tech - 6.95 CPI
how much time will it take if i sincerely start from 1st August full time 10 hrs a day, didn't have any coachings. Will i get into list of IIMs?

Should I do MBA?

It's time to say goodbye to dayjobs

Consultant

Utterly dumb decision, will just increase cars on the road. How do they even come up with such stuff?

What life changing purchase did you make for less than INR 5000?

Software Developer

Okay, this post is not for any comparison but genuinely want to get insight on where do i stand in terms of saving among the corporate employees. 
I will go first. 
Age :28
NW : 65L

What's your net worth?

Welcome to Software Engineers's Private Community

I will continue with this series for people who like this kind of content, drop "+1" in the chat and I will tag you the next time I post content.

Imagine you have a very complex situation with varying degrees of randomness. How do you evaluate the probability of certain outcomes? 

One way is a deterministic way which is to sit down and try to compute probabilities of events.
Another way is to simulate these interactions with various seed values and see how these outcomes vary. This is called a Monte Carlo simulation, where we use random sampling to model and analyze complex systems that involve uncertainty.

Let's set up a game and apply a Monte Carlo simulation to it.

You(Hero) and Me(Villain) engage in a strategic coin flipping competition over a series of rounds. Before each round, both of us independently decide whether to flip a coin or pass the turn to the opponent. 

The outcomes are as follows:

1. If both players decide to flip, a fair coin is tossed, and the player who called it correctly gains a point.
2. If one player decides to flip and the other passes, the flipping player gains a point without the need for a coin toss.
3. If both players pass, no points are gained or lost.

We can simulate it by making each decision random:
1. Hero and Villain both independently choose between 0 and 1 for deciding whether to toss or pass. We use 0 as Pass and 1 as Toss.
2. If both pass then we let the scores as is.
3. If one passes and not the other, then we add +1 to whoever decided to toss.
4. If both decide to toss then, we do a random coin flip where 0 = Heads and 1 = Tails. Hero can randomly choose between Heads or Tails. The Villain takes the opposite position.

First is the Monte Carlo Simulation and the difference between potential outcomes for 1000 rounds and 20 simulations, which is the graph shared.

Daily Series #2: Geeking out → Monte Carlo Simulations

Product Manager

Welcome to Product Managers's Private Community

I want to understand if you are also satisfied with your compensation?

How much do you really earn? Honest Answers Please 🙏

Welcome to Confessions's Private Community

What's that rich people thing you do, even though you are not rich?

Welcome to Office Gossip's Private Community

What would make your life happy/happier at this point?

Data engineer

Milestone crossed 1M USD combined networth (~9.15Crore Household Net-Worth)
46 M (Software Engineer/Founder) + 37F Wife (Lawyer) + 1 Kid (3 Year Old) based out of Delhi.

So last week me and my wife finally reached this milestone, >1M USD networth. Here is our portfolio. I hope people here can recommend what I should do next.

This chart was made by our Wealth Manager.

Rough Net Worth Breakdown:

1. Provident Fund and National Pension Scheme (EPF + NPS): 1.1 Cr

EPF: 75L
NPS: 35L

2. Savings Account and Fixed Deposits: 20 L

Savings Account: 12L
Fixed Deposits: 8L

3. Mutual Funds (MFs): 3.8 Cr (Breakup Below)

Index Funds: 25%
Mid Cap: 15%
Contra: 10%
Small Cap: 20%
Flexi Cap: 30%

4. Fixed Income: 1.3Cr

FDs: 50L (Spread in segments of 5L across 10 banks)
NCD/Bonds: 80L 

5. SGB (Gold): 80L

6. Crypto: 46L

Bitcoin: 35L
Solana: 6L
XRP: 3L
other cryptos: <1L

International Investments: 1.49Cr
QQQ: 30L
NVDA: 32L
AAPL: 28L
AMZN: 33L
GOOGL: 26L 


We may get a good inheritance in the future, ~8Cr from my parents + ~15Cr from my wife's parents, but we are not planning on that. 

Our primary goals are education for our kid(+planning another 1), their marriage, 2x vacations a year(1 domestic+1 abroad), a decent lifestyle, and a good car(we have a SKODA Slavia right now, planning an SUV as we are extending our family).

Please share your financial journey and any advice, we look forward to reading your comments.

Reached 1M USD networth in India 🇮🇳

Founder

I'm in Founder's office role, and a part of the work requires prospecting for hires for a team. 
On the first day, I pulled out a list of potential hires, but it was brushed aside.

Now the team head posts on social media that they are looking for someone to fill that role (I had list for), and referral will get the approx INR 2.4L 

My monthly salary is also not INR 2.4L!

I am so pissed. 
How do I convey this professionally and (also ask for the slice of cake)

I obviously have data ready and can get someone to join, but it won't get me even 1 p from 2.4L

Need advice

Be more brief, if its part time, full time, how are you managing time, do you earn from it, hobby or responsibility, etc

🚗👨‍🔧 <> 💲🥷

Discover More

Personal Finance on

by Aaron Taye

Startup

Those who have cars worth 30L+ what do you do for living?

Misc on

by Jordon Carmden

InMobi

What car do y’all drive? 🏎️

Personal Finance on

by Jordon Lee

Student

What's the Best Way to Invest Money Earned from Internship and Other Sources?

Misc on

by Jordon Nadeen

Swiggy

Compute to Bangalore Airport

Indian Startups on

by Isaiah Lee

TripAdvisor

Experience with Y Combinator

Personal Finance on

by Jordon Hyrum

Rippl

What car do you own? And why that one?

Business Roles on

by Jordon Nadeen

Google

Should I do MBA?

Memes on

by Coy Dean

Stealth

It's time to say goodbye to dayjobs

Bangalore on

by Dezi Taye

Stealth

Utterly dumb decision, will just increase cars on the road. How do they even come up with such stuff?

Misc on

by Anise Everett

LTIMindtree

What life changing purchase did you make for less than INR 5000?

Personal Finance on

by Jordon Lee

Microsoft

What's your net worth?

Software Engineers on

by Anise Olive

Gojek

Daily Series #2: Geeking out → Monte Carlo Simulations

Product Managers on

by Jordon Hyrum

Stealth

How much do you really earn? Honest Answers Please 🙏

Confessions on

by Blair Vernon

Nihilent Technologies

What's that rich people thing you do, even though you are not rich?

Office Gossip on

by Anise Lee

Stealth

What would make your life happy/happier at this point?

Personal Finance on

by Isaiah Denver

Stealth

Reached 1M USD networth in India 🇮🇳

Business Roles on

by Aaron Olive

Stealth

Need advice

Misc on

by Kalan Lee

Good company

Folks doing side gigs, what are you doing?