BouncyNarwhal
BouncyNarwhal

Net Worth- A healthy comparison

I wanted to share my Net Worth as per INDmoney, and understand how I compare with the others here.

The goal is to reset my goal after looking at people doing better than me, and provide some guidance to people that might be aiming to reach their own goal.

Total YOE- 6 CTC- 34LPA (since last month) SIP- 70k (MF) + 30k (stocks) Investing since- Jan 2020 First SIP value- 15k

Let me know where you all are at, and if you can share some insights to help improve mine

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12mo ago
SqueakyWalrus
SqueakyWalrus
Student12mo

As they say;

Personal finances are 'personal' :)

BouncyNarwhal
BouncyNarwhal

Definitely agree with that. Comparisons have always given me a boost, driven by jealousy (not envy). Thus wanted to see where others are at.

Complete respect to you even if you don’t want to share your numbers 🙌

SqueakyWalrus
SqueakyWalrus
Student12mo

I can't even if I wanted to as GV doesn't support image/ss in comment section 🤷🏽‍♂️

WobblyBiscuit
WobblyBiscuit

I am in final year just passing out in next 3 months... What should I do to accumulate a good sum before 30 years of age . I am currently 22

BouncyNarwhal
BouncyNarwhal

Start with an SIP from your first paycheque, with whatever amount you are comfortable with.

With each pay hike, the proportion of your monthly investment should go higher than the percentage of your expenses.

Also, define what is the amount you want by the age of 30. Using a comfortable CAGR of 12%, look at how much you need to invest each month to reach your number (it may scare you, but trust the process, and you will reach that number)

Don’t ever stop investing till you reach Fuck You money

WobblyBiscuit
WobblyBiscuit

1.5 cr is the amount i want in next 8 years

GoofyWaffle
GoofyWaffle
Grab12mo

How much is in your bank account, curious to know how much did you save in total since 2020,for me after shifting to Bangalore my savings has really taken a toll.

BouncyNarwhal
BouncyNarwhal

2.5L in bank for emergencies.

I’ve been blessed to have my own house and remote job for the last 3.5 years. Saved up a lot because of that.

Might be shifting to Gurgaon soon, so savings will take a hit

BouncyNarwhal
BouncyNarwhal

Also, curious to know what you look after at Grab.

I used the app extensively when I was in Indonesia. Is the situation better there now?

MagicalBagel
MagicalBagel

You started your mutual funds early and aggressively? Or was it a lumpsum investment

BouncyNarwhal
BouncyNarwhal

Mix of both. After the lockdown, I used to have leftover salary after investments. Invested that as lumpsum.

But yeah, increased SIP value aggressively. At a salary of 70k, I had an SIP of 45k back in 2021.

MagicalBagel
MagicalBagel

Good going, best of luck 👍🏼

MagicalNugget
MagicalNugget

NW 4.something Cr Mix of RE, US stock, Cryptos

BouncyNarwhal
BouncyNarwhal

You mind sharing how old you are and since when have you been investing? Also, what is the % of crypto in the ~4cr?

MagicalNugget
MagicalNugget

~10yoe. ~10% crypto

FloatingCupcake
FloatingCupcake
Optum12mo

17.85l - total 8l - mfs 3l - indstocks 2.3l - epf 4.55l - ppf

Yoe - 2.6years Guide me :)

BouncyNarwhal
BouncyNarwhal

I wouldn’t have PPF this high. Instead, put the excess money back into MF. Greater liquidity and higher returns

FloatingCupcake
FloatingCupcake
Optum12mo

Thanks, will try to increase equity percentage!

PrancingWaffle
PrancingWaffle

I have similar nw at 6 years experience and 25lpa now

BouncyNarwhal
BouncyNarwhal

Thats amazing. I hope you’re investing aggressively

PrancingWaffle
PrancingWaffle

Wife's earning similar level so that helps 😅

GigglyLlama
GigglyLlama

And how much can you liquidate in a day time ? In case of high risk emergency

BouncyNarwhal
BouncyNarwhal

About 30L within a day. And I keep 2.5L in bank accounts.

BouncyNarwhal
BouncyNarwhal

After checking my Crypto portfolio, the NW increased to >42L

BouncyNarwhal
BouncyNarwhal

52L as of today

WobblyMuffin
WobblyMuffin

Ah just what I was looking for somewhere similar bro YOE 6 CTC 26 increased just last year from 15

MY ASSETS ·42.65L •

Assets Goals 1=

INDstocks A F1.43L 4% S US Stocks A72.45L 7%

Mutual Funds A *21.46L 64% Ap NPS A 759.36K 2%

FD • 4{2.06L 6%

EPF A 759.92K

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