Think outside the box. Don’t say you’ll put in fd.
I’ll spend it on-
Will either try to invest or start a company that deals with solving problems related to waste management or water scarcity problems.
Use the money to build a lifestyle company that creates more profit.
Example: sell bags, shoes, etc
Yolo on a used BMW M340i, rest in savings & investments.
PS: I am in my early 20s :)
The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy.
The average SDE2 at these companies makes 50+ lakhs per year in compensati...
Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.
Where did you work and how much money did you make?
Asking as it looks like a lot of promise of ESOPs and wealth creation has failed employees in this bloodbath slow growth, layoffs, and job changes.
I have had ESOPS in 2 companies #1 - company got acquired ..I got 45 Lacs IN ESOP ...thats 1.5X of my last annualize...
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
I got 100% hike. I joined an abroad company. Now my salary is 30 LPA. Any serious answers what should I do? I don’t want to be reckless with so much money.
