75 lakhs NW 26 YO
I am 26 years old and just reached 75 lakhs net worth and 0 loans. I have a 15 lakh car which I paid in cash for. I also recently got a job that will increase this significantly in the next 2 years with more than 80 LPA CTC.
But I don't know what to do with this money. Yes I have invested a lot but I don't feel like buying a house or anything. It feels like money is increasing but what's the point. I already live a happy life living in a rented 1 BHK in a good society. Should I buy a house just for the sake of buying it?
Take big risks 💪🏻 😉 and enjoy the ups and downs in market , Startups , unlisted shares , Explore adventure into Foreign lands meet different people
Invest into good startup ideas 💡 , that government invested in , IIT students
Into space Companies work with them
Help Good Artistic Communities increase exports with help of Google
Properties in tier 2 and 3 cities are good investments, tier 1 mostly a little inflated right now
You can get like 1-2 acres somewhere decent like in Pune outskirts or Noida Ghaziabad. Or maybe a flat too, Noida airport will bump the prices further assuming it gets built in next 5-6 years.
You should start investing amount to come up future uncertainity
I have it invested in MFs (15 lakhs) Stocks (25 lakhs) FD (14 lakhs) and some more in PPFs, EPFs etc. but should I continue doing this or buy a house or property etc.
Got a term insurance ?
If not then get one you will have less premium for a good life cover
That's amazing. Please share the journey how you achieved this networth.