What's your net worth?
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
5.75 crore including flat . Not including car or jewellery. No loans or emis or debt of any kind . Age 41
That's great. Did you do any side geeks to achieve this? What financial suggestions do you have for someone who is below the age of 30 ?
No side hustle . Just regular employment and investing in equities consistently . My advice would be to earn as much as you can , save aggressively, invest in equity index funds consistently and ignore everything else . Do it for 10 years straight and you are set for life . Have term and own health insurance. Keep an emergency fund . Concentrate on work . Most most most important than any of the above , spend time with family and friends , enjoy your life and never worry
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Paperbackdreams
Student
a year ago
🤣
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RealOldmonk
Stealth
a year ago
Where did I spend my salary on 🤔
Age 25
NW 10lkh, no home, only stocks, cash, some crypto. (started from 4lpa job hence not a large amount)
Many people have liked this post. Thought to add something more,
I would have 50+ lkh NW at this time if I didn't wasted money in margin trading (read gambling) btc in search for quick money had to just wait and hold (bought in early 2017)
Learnings form past - Trading is best left to full-time professionals
When you make surveys/posts like this, you wouldn’t get an accurate idea actually. It would mostly be ppl with high net worth posting here to flaunt it resulting in survivorship bias
3.4 CR, no real estate, mostly equities except 50 lakh in psychological safety fund
I’m 32.
Age 28 NW ~ 8 CR
How:
Early employee in a US based startup that went public- liquidated stocks for 5CR
Rest all from salary/equity investments growth
Low living expenses since covid
BiryaniEnthu
Stealth
a year ago
Net worth calculate karna bhi sikha do
BiryaniEnthu
Stealth
a year ago
Liquid, Illiquid sab?
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Similar trajectory here:
NW - 2.1 cr. No debt, no real estate.
Age - 39
I have worked in a service based IT firm for most of my career.
We make more money in equities with far less headache to what real estate can offer.
babubhaiya1256
Stealth
a year ago
Net worth: 62L
Age: 27
Mostly in Equity, also invested in gold, fixed deposits and bonds
And here we have who is trying to sound cool by using so called cool words. Don't you think learning from other for own good is not a good thing? If you don't find such posts or the other answers written below, useful then ignore. Putting such comments helps no one.. Time for you to grow up.
Lol bro get a life money is not everything. What you're just doing is comparing your money with others and trying to make more money. Please don't justify. If you're so much into learning go to a SEBI registered advisor. I know you won't because it involves spending 💰 What learning did you achieve hear other than ranting about your NW. Typical MANG mindset.
Anyways Dogs always bark no point of blaming
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Age 24
Gen wealth 0
Net worth (stocks and mf): 4.5L no real estate no debts
🥲
everything
Stealth
a year ago
Us bro
Age: 26 (will be 27 soon)
Savings excluding house: roughly 35 lakhs
Home equity: roughly 50 lakhs
Home loan pending: roughly 1 Cr
So I guess if you go by basic calculation my NW is negative 😂
It's a flat. It's slightly more than 1.5 Cr of which I have paid 50 lakhs of my own and took 1 Cr as a loan. If you're including a house in NW I believe you should include only your home equity because that's the amount that you'll be left with (and some profit hopefully) if you decided to sell it.
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Worked for big tech outside India for a couple of years, came back recently
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It would be helpful if you can also share the thought process around the savings. What plans do you carry? Sometimes we miss enjoying the life by thinking too much around accumulating the wealth.
I used to be the same thinking too much on accumulating and not the purpose.but after 35, I started becoming more mature , married , had a child , settled back in India . Now I’m trying to balance enjoying life , spending well and saving responsibly . It’s a work in progress :)
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