PushyGlasses
PushyGlasses

Equivalent to the first $100,000

In most of the finance channels on YouTube and even Charlie Munger, they say wealth building really takes off after you've saved/invested your first 100,000 dollars. To all Indian investors out there, what do you feel is the equivalent value in INR?

7mo ago
SheldonCooper
SheldonCooper

20L. It's only at 20L that you have a good. balanced portfolio and you begin to understand risk and risk appetite. Of course provided you invested it from you savings, it should take at least 2 years to reach there and that means you are experienced now in the market. So I think 20L should be 100K

SeriousProcastinator
SeriousProcastinator

1CR

jake_peralta_B99
jake_peralta_B99

20 lakhs

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