img

Reached 1M USD networth in India 🇮🇳

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.

img
img

AlphaGrindset

Series A Startup

8 months ago

img

LinuxMint

Stealth

8 months ago

img

MildMusic68

Stealth

8 months ago

See more comments
img

WoodenPub41

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

WoodenPub41

Stealth

8 months ago

See more comments
img

mistral

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

UrbanIce14

Google

5 months ago

img

salt

Gojek

8 months ago

img

LinuxMint

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

FunnyBones

Plivo

8 months ago

img

tenet

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

See more comments
img

Sherlock007

TCS

8 months ago

img

LinuxMint

Stealth

8 months ago

img

Sherlock007

TCS

8 months ago

See more comments
img

AGentleGiant

Tatvasoft

8 months ago

img

Trader

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

See more comments
img

majboormajdoor

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

majboormajdoor

Stealth

8 months ago

See more comments
img

Ravan

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

Ravan

Stealth

8 months ago

See more comments
img

mindv

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

mindv

Stealth

8 months ago

See more comments
img

Lazyowl

Self Employed

8 months ago

img

LinuxMint

Stealth

8 months ago

img

Lazyowl

Self Employed

8 months ago

See more comments
img

cyberpolice

Stealth

8 months ago

img

LinuxMint

Stealth

8 months ago

img

cyberpolice

Stealth

8 months ago

See more comments
img

PrimeMean

M2P Fintech

8 months ago

img

LinuxMint

Stealth

8 months ago

img

PrimeMean

M2P Fintech

8 months ago

See more comments
img

UprightBat

velocity.in

8 months ago

img

LinuxMint

Stealth

8 months ago

img

cArnage

Murugappa

8 months ago

See more comments
img

PaininBain

Bain & Company

8 months ago

img

LinuxMint

Stealth

8 months ago

img

SalluBhai

Healthy

8 months ago

See more comments
img

SalluBhai

Healthy

8 months ago

img

LinuxMint

Stealth

8 months ago

img

SalluBhai

Healthy

8 months ago

img

LLC

Intel

8 months ago

img

LinuxMint

Stealth

8 months ago

img

DecentWord73

Stealth

8 months ago

See more comments
img

ezy

Zomato

8 months ago

img

LinuxMint

Stealth

8 months ago

img

sovreign

Salesforce

8 months ago

img

LinuxMint

Stealth

8 months ago

img

sovreign

Salesforce

8 months ago

img

Passer_by

Accenture

8 months ago

img

LinuxMint

Stealth

8 months ago

Sign in to a Grapevine account for the full experience.

Discover More

Curated from across

img

Software Engineers on

by GolDRoger

Stealth

Done with Tier1 cities, moving to tier 2 town with family - A rant

Been in Bangalore for 6+ years and love everything the city has given me. This city ( more like people here) taught me what software engineering and product sense is, how to entrepreneurs function, whats a 100X coder like. Made many memories, weekend trips to nearby places were so nice. Dated, moved in and then married my girlfriend, adopted a dog. So Bangalore has given me a lot. But in hindsight it takes a way a lot also - 1. Everybody is in constant work mode, even in parties its just about who is doing what 2. Everybody is in loot mode here - i have seen locals pay less for veggies/fruits in front of me, then the veggies apparently have lead in them 3. Rents/builders/brokers/roads - we all know whats up with them Though it was nice initially, now i feel like even after earning so much ( ctc > 1cr) if i just spend it all here ( monthly expenses ~2lacs same is with all my married friends), what is the point even. Hence making a move to slow life now, where you get a house with garden for 25k and fresh veggies and you can actually develop some relationship with community. This urge to always outperform in career is not really needed, we all eventually work towards savings and hence if i earn less but spend even lesser, its more or less the same thing for me. But i dont want to live in a matchbox, travel 1 hour to meet a friend, eat a roti for 150bucks and be in constant anxiety about climbing the ladder. All i want is to focus on health, and sit in a garden in some sunshine with my wife and my dog and enjoy a cup of tea. So yes, I AM DONE. Moving to a tier 2 ( more like tier 2.5 town ) Happy to answer any questions if anybody has any.