Bhai 90k salary nhi hoti 🙂 logo ki aap invest ka baat krhe

Software Engineer

90k with annual 10% stepup and 12% interest after 15 years adds up to 7.8cr (only)

Software Developer

Oh lol. This is why you should never trust chatgpt

Product Manager

How much are you investing for living a life?

This person is not living just investing XD

Senior Designer

This, I've stopped my SIPs once I got burned out and got existential crisis of why I'm even doing a job. Now I first spend the money on myself, things that I / my family want. And towards the end of the month whatever is left I invest it. 
  
 Yes it takes self control and lot of people can't do it, they spend it all. For them SIP is a great way to maintain discipline. But when I was investing 50-60% of my salary at start of the month I got depressed af

Growth Manager

Bhai yha 90k yearly investment kr paunga..  
 Atleast 1 cr k package pe 90k per month ho payega invest..

On a salary of 1.5LPM, 90k i am able to invest. Maybe I’m privileged enough to not have any dependencies on me

Founder

90k per month? Only the ones with really a good package and with no other financial constraints can do so i believe.

System Engineer

Lmao OP would get shocked by the numbers after 10-15 years

90k investment is not possible for 99% of folks so no merit in discussing something like this

Jeez, just because majority can't there's no merit in discussing?

Analyst

Yep. Right now investing 50k PM. Have switched so would be able to invest about 80-90k pm

The contradictory thing is no one starts from 90k a month sip. 
  
 From personal exp, I started with just 1000 per month when I had a salary of 40k per month. After 5 years of investing I have taken it to 90k sip a month as my salary has grown. 
  
 It's a good thing to plan for savings but not at the cost of degrading your daily lifestyle. You should plan for a comfortable life and have good times with your family and loved ones. 
  
 Even though I am probably investing slowly, I tend to sometimes do a lumpsum top up in between if I feel I have excess money that I won't use in the short term.

Correction: Meant to say everyone doesnt start investing 90k from the start and it applies of most of us.

Itna toh Mai kama nahi raha jitne ka tum SIP bol diye ho. Itne paise save karke kya karna hai? Jawani mein jeena hai bhai, Budhape mein nahi

Consultant

Household expenses increase approx by 10 times every 20 years. Families who were spending 1 lakh per month in 2020 were spending 10000 per month in Year2000 and Rs 1000 per month in 1980.

Program Manager

I would really want to see actual people having this. With so many layoffs happening, I don't clearly see a stable sustainable income for 15 years. This all looks good on paper, but reality would be totally different and probably skewed.

Head Of Growth

Product Designer

Did you know that if you start with investing 90K INR Each Month and step up your sip with 10% every 2 years, assuming 12% returns You’d have over 30CR in 2040?   Now obviously you can consider inf...

Welcome to Personal Finance's Private Community

Did you know that if you start with investing 90K INR Each Month and step up your sip with 10% every 2 years, assuming 12% returns You’d have over 30CR in 2040? 

Now obviously you can consider inflation but still if you take out 4% of 30CR each year you would have 1.2CR Each Year i.e. ~10 Lakhs INR every month! 
 
Like what even lol.. Is there a catch for this ?

Investing in Mutual Funds is CRAZY

Investing in Mutual Funds is CRAZY- Grapevine

So, i earn 1 lakh 19 thousand after tax. I'm fairly begineer in mutual fund. I understand different types of mutual fund debt, equity but i don't how to do benchmark

I want to reach 1 cr in 20-30 years. I already started 13,000 SIP. I also have 32,000 EMI for home loan and yearly i will increase 1% - 2%.


Here is below my mutual fund portfolio
- mirae ELSS tax saver - 3000 (3 year lock in)
- UTI nifty 50 index direct fund - 10,000 

Please let me know if i'm investing in wrong mutual fund and suggest some other mutual fund which can give liquidity and i can reach 1cr in 20-30 years. 

Thanks in advance

Seeking advice - mutual fund portfolio to reach 1 CR.

I am a 23 grad who has managed to save close to 7 L all cash till now. Plan was to enjoy the first 6 months of job and then start with the financial hustle. Seems, I am ready. Need suggestions to allocate ~5L across equity, gold, FDs and other investment instruments.

I have an education loan, so tips on that will also be highly appreciated.

Targeting 25 L net-worth (excluding the loan) by the end of ‘24

Thanks!

Reached 7L networth (all cash, need suggestions)

I've always lived paycheck to paycheck, but I want to start investing. 

Where do I even begin? What advice would you give to a complete beginner in personal finance?

Any Investing tips for a Clueless Beginner?

For those who are planning for FIRE. Share your-

1) FIRE net worth
2) Target age to achieve FIRE
3) Current age and YOE
4) Current network

FIRE

Welcome to Software Engineers's Private Community

How one can afford Lamborghini or Ferrari or Porche in india?

Buy a Lamborghini

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...

What should I do to reach 100 cr in 10-15 years?

I'm an ambitious person who can work his ass off. But I lack direction, I don't know what I should do to get there.

Any answer can give me a better perspective. But please refrain from questioning the ambition.

I'm in tech and I make 22 lacs/year (4 years of exp)

My current portfolio split up:
6 lacs - Nifty 50 MF
5 lacs - FD
10-20 lacs - real estate

20 lacs to 100 crores

1. Wake up at 4am 
 2. Plan the day ahead by brainstorming new ideas for profitability 
 3. Go to gym, invest in your body 
 4. Reach out to your customers before your morning coffee, helps set the tone for the day. 
 5. Rob a bank 
 6. Repeat till you reach your target of 100 crores.

I'm in tech and making 10 LPA (1 YOE ).

What are some of the investments I should do to able to make 10CR in 10 years?

What all sacrifices need to be done to achieve this target while living a decent lifestyle?

Ambition of 10CR

Hey everyone, I'm curious about retirement planning and would love to hear from others about their retirement goals. What retirement corpus are you looking at? What is your current financial status and expected retirement age? I'm particularly interested in hearing from those who have already started planning for retirement or have already retired. Any tips or advice on retirement planning would be much appreciated. Thanks in advance!

You can use the following format
Goal/current status/retirement age/current age

My goal : 10cr/2cr/40/30

10 cr  equivalent after inflation adjustment

Early Retirement

Machine Learning Engineer

Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔 

What do you guys do with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it

What should I do with my money

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Welcome to Indian Startups's Private Community

Just met a dear friend with 10+ yoe and earning 33L per anam. 

He doesn't want to get promoted or salary hike as he is getting enough as per need and wants to have good WLB. He is accumulating a 3cr corpus and planning to retire in 10 years in his hometown in Ranchi.

Debt free - family house in Ranchi and married with no kids - single income. 

Isn't the amount very small/too risky? Considering anything can go wrong in future and you should work really hard in 30s to avoid that as much as you can.

What's your opinion? 

Ps. He is also active here and I took permission to ask this question here

Is this new normal?

That dude has understood life, i’m 25 will do the same

Operations Manager

Hi folks, I have recently started investing after repeatedly being told to not hoard my money in savings, wanted to know how/how much other people invest. 
Current portfolio:
Equity: 2.5 L ( banking, fmcg, ETFs)
Mutual Funds: 1.1 L ( Navi Index fund - 10 k per month sip, SBI Liquid Fund - 10k per month)

I feel that I should invest more since i dont have any financial dependents on me right now, but dont know how much and dont want to  put my hard earned money somewhere I won’t see it ever.

Tc: 30 LPA
Exp: 2 years

Need Investment Advice

How much do you think is enough?

It's usually never enough for a lot of people and life is bound to throw a lot of curveballs along the way (for better or for worse), but what's the first figure that comes to your mind at which you feel "okay, if I work for X more years and amass this much money/net worth, I can comfortably hang up my boots and retire"?

Additionally, how far along are you in achieving this goal?

I've noticed that a common trend is that a lot of folks, for all their future planning, still don't have enough (or as much as they would like) long-term clarity about what they're working towards and how much more and was hoping this sort of discourse could help bring better awareness.
P.S. - I fall in that category as well, fortunately or unfortunately.

What's your retirement corpus goal?

How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?

What is your retirement golden number

Investment Banking Associate

Product Owner

Looking for suggestions or recommendations for investing an amount of 20k per month. 
Note: This is not my total income. This is what I have to spare and live a comfortable life. Confused about going with mutual funds or SIPs or NPS or PPF or FDs to r RDs etc.

Need Investment advice in India for 20k per month

Recently started earning and honestly living a comfortable life with a much lower salary than most people talk about. Doing the math, I don't see myself needing more than 18L-24L in hand to save and continue living comfortable (but I am someone who always likes to do more and get paid more).
If you're <30 and earning this much money, why do you push for higher salary (eg from 30LPA to 40 LPA) - is 30 not enough?

Genuine query, open to any perspectives 🙏

Investing in Mutual Funds is CRAZY

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