I like the takeaway. Save aggressively over your initial years and let it snowball. Makes your future be a bit comfortable. 
  
 Charlie Munger in 1990: The first $100k are the most difficult, do whatever you can to get there. After that it becomes easier as wealth breeds wealth

Investment Manager

Product Manager

What is your networth as times of your salary? 
  
 What is your equity % as % if networth?

Investor

Wow. Can you please share your total holding? And top 5 holdings in your portfolio?

Software Engineer

Kindly suggest 4 small and midcaps that one should buy today.  
 Appreciate your help. 👍

Growth Manager

I received dividends of a few companies' this month. Here are some interesting observations.  ITC dividend alone was more than my first monthly salary 12 years ago.  Combined dividends in August we...

Welcome to Personal Finance's Private Community

I received dividends of a few companies' this month. Here are some interesting observations.

ITC dividend alone was more than my first monthly salary 12 years ago.

Combined dividends in August were close to my third company's salary in 2013 end. This time it was about 2.5-3x of my first salary.

All this when dividend paying stocks are never on my priority list. I chase small and midcaps with high growth potential.

Takeaway: Keep building your snowball. It'll slow its snowball effect for sure.

Dividends in August

Project Manager

Dividends in August- Grapevine

Rampant layoffs and uncertain job conditions really pushed all of us to realise the importance of having a passive source of income beyond your day job. If you have one, please comment and let others know.

I am aware of trading as on option but haven't been taking that seriously. Would love to know from the community.

What's your secondary source of income?

Software Developer

The power of compounding really works! 
Started with a meagre salary of 4L/annum in 2018. But made sure to SIP 5K every month in Mutual Funds, and kept on increasing with career progression. This could’ve been more but I wasn’t able to regularly SIP during the two years of my masters I did after my first job. 

This may not be as much as the other tech dude bros out here sitting in CRs but this is a big milestone for me and all I’d like to say is SIP really does work and it’s all about being in the long run. Onwards and upwards only now 💪🏼💪🏼

Small Wins (2x’d my MF Portfolio)

Senior Consultant

I know it's not a big amount, but felt like announcing this. Here's my nw breakdown-

FD/Emergency fund: 5L
MF/stocks: 1L
Sitting around: 4L (can't get myself to invest it, the market seems very overvalued. Will try to invest this in small chunks over a duration)

Next target is 50L, it'll take much longer than this 😭

Reached 10L networth

For those actively engaged in direct stock investments, what guiding principles do you adhere to? Personally, my portfolio lacks structure; I tend to purchase stocks whenever funds are available, resulting in an overly diverse spread across approximately 30 stocks that I'm looking to consolidate. I aim to adopt a more disciplined approach and identify areas for improvement.

Are you an active stock investor? Do you adhere to a regular investment interval and budget?

Do you impose an upper limit on the number of stocks in your portfolio? If so, how do you handle adding a new stock? Do you skip the new addition, or do you exit an existing one?

When investing, do you consistently allocate multiples of the same amount, or does it vary?

When entering a stock, do you make a single purchase or spread it over multiple days?

Do you adjust your stake in existing stocks? If so, what criteria guide your decision to increase or decrease your stake?

Upon exiting a stock, is it done in one shot or over several days?

Does the dividend yield influence your stock selection, and do you have a specific dividend target?

Do you use external services like Excel, Value Research, Markets Mojo, etc., to track your stocks?

Where do you conduct your research? Platforms such as Screener, ValuePickr, MoneyControl, etc.?

Do you have a specific metric for evaluating portfolio performance, such as absolute returns or CAGR?

Are there any additional strategies you follow in your stock investments?

Viners, what are your stock investment principles?

Software Lead

Finally hit 1 cr in savings and investments today after 7 years of work. I know it's not a large amount but it's the best I could do while supporting my brother's education and managing my family (dad is no more). Goal is to increase by .5-1 cr yearly now.

Portfolio split-
MFs- 65 lakh
Stocks- 28 lakh
FDs and savings in banks- 7.5 lakh
Forex- 3 lakh

Total- approx 1 cr

What I'm working towards- increasing investments in stocks to make it almost 50:50 between shares and stocks and also adding more gold and forex to the portfolio. No real estate in the next 2 year horizon

Feeling a little happy today

Strategy & Operations

I’m ready to invest 1L per month. My investment breakup is
30% (₹30000)in stocks (mostly targeting on dividend yield)
20% (₹20000)in Gold
50% (₹50000)in MF 
   -> 30% (₹15000)of this in large cap
   -> 20% (₹10000)of this in Index fund
   -> 10% (₹5000)of this in Small cap

Does this strategy work for wealth growth? Or what other strategy you suggest?

Investment advice

What are your net worth targets and goals by age?
Here's mine:

25: 10L ✅
30: 50L ✅
35: 1.5 Cr 🟡
40: 3 Cr 🟡

Net worths target and goals by age...

Hi folks

I'm a 21 year old, investing 1000 each into 35 mutual funds
Taking my SIP to 35k per month 

Just to set the context, apart from this, I'm passively investing into ipo's and stocks as well for the long term.

I've read at a lot of places that investing in more than 10 mutual funds is a foolish choice, because most of your stocks are going to be overlapping. But I don't understand why it's called foolish?

There can't be a 100% overlap of portfolio between any 2 mutual fund houses, there is always going to be a significant difference, which adds to the risk diversification any which ways, because my money is spread across multiple set of stocks and across different fund manager brains as well, for e.g. one might sell some of my stock at a high or a low, while other might not.

My diversification is -
45% small cap
25% mid cap
10% large cap
Rest growth or sectoral

I'm open for any feedback/criticism or suggestions even.

I'm investing 1000 each in 35 mutual funds, but don't see any wrong in it.

I’ve noticed different people have different ways to approach their financial planning. 
Hoping to learn from each other and perhaps help others who read as well.

What is one personal finance habit that has changed your life?

If you 'want' to buy something, wait day or two (I wait a week) to know if my heart is still stuck at it. Generally (mostly) it is fleeting craving and I end up not buying.  
  
 This has kept my expenses very minimum

Consultant

Founder’s Office

A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA

Equity Portfolio touched 2Cr this Friday!

Founder

Welcome to Office Gossip's Private Community

[ thread ] what are your biggest wins this year?

First time cash flow from investments is greater than salary.

Operations Analytics

What’s the biggest financial mistake you’ve made in your life so far?

Mistakes

Technical Writer

Hi folks, Noob here
I have surplus money laying around in bank and FDs. 

Total ~ 19L
Bank: 7L (extra didn't account for amount which I will hold in bank)
FDs: 12L( This could be an Emergency fund?)

1. What should be the ideal split in different categories in order to invest/grow/save this money?
2. If some of this needs to invest in equity so how to do that?  Like SIP or lumpsum but market are already very high....


🙏 Thanks in advance.

Investment Advice for Surplus Moony

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 🇮🇳

Wow. Congratulations man. 
Tell us more about what seniority, what kind of company you're at.

Also, 23 Cr inheritance? You must already have been very well off.

Corporate Strategist

Welcome to Indian Startups's Private Community

Fast learning and fast paced growth aside, after 15 years of MNC experience  I joined a startup to get some ESOPs.. and hopefully a good buyback ..

I have worked in 2 startups now.Both of these were already  Unicorns when I joined .


While I love the culture and dynamic pace of a startup 
i feel my chances of getting a payout  are slim...

My personal learning is to get a good reward you have to be in top 10 employees for sure ... otherwise it's not worth it ..

There is no point joining a Unicorn in middle management...or second in command in any function...

Happy to hear your thoughts !

Share your ESOP buyback story..

What is the biggest expense, how much do you save and how much do you invest

How much do you save per month?

Analyst

Let's say you decide to take a career break or are laid off, one of the biggest shocker is to not receive salary at the end of every month How do you deal with it and what are the income options you tap?

Dividends in August

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