SparklyRaccoon
SparklyRaccoon
26mo

1 Cr net worth in Bangalore; Ask me anything

26mo ago
PrancingBurrito
PrancingBurrito

Do you feel rich?

SparklyRaccoon
SparklyRaccoon
26mo

@Gems_Bond feel the same as when I felt when I had 50L net worth

1 Cr doesn't make a difference as it is not enough the afford the next steps of richness:

  1. Foreign education for children
  2. Buy a great house
PrancingBurrito
PrancingBurrito

You'll get there buddy, sooner than you realise it.

WigglyMuffin
WigglyMuffin

How much monthly sip? And in which categories of funds? How much time it took to reach there?

SparklyRaccoon
SparklyRaccoon
26mo

@Ronaldo007 took me 7 years roughly Monthly SIP is around 30K only. I also invest in individual stocks separately. I have a loan as well on my car. 10% of savings are in savings account right now

SparklyRaccoon
SparklyRaccoon
26mo

Loan because I got a really good deal from the bank so why not Savings account cuz I always like to keep cash handy

Imagine you want to go on a Europe vacation with family - that is 4 lacs easily. That's why the cash at hand

GroovyPretzel
GroovyPretzel

Can you donate me 10 lakh rupees please?

Gif
SparklyRaccoon
SparklyRaccoon
26mo

@tenxengineer you don't seem to need it and no

FluffyNugget
FluffyNugget
26mo

Do u still prioritise money or there is a change?

SparklyRaccoon
SparklyRaccoon
26mo

@FunnyBones no i actually do not prioritise money that much

FluffyNugget
FluffyNugget
26mo

Oh, what sort of companies have u worked at? I believe ur package would remain above average to reach this

WobblyNoodle
WobblyNoodle
26mo

Are you able to survive in blr ?

SparklyRaccoon
SparklyRaccoon
26mo

@Kafkaa very very easily since I still don't have a family

But I am clearly not rich enough to buy a great house even yet. Will have to take quite a loan

WobblyNoodle
WobblyNoodle
26mo

It's okay, it was a sarcastic question. Your NW is decent, hope you grow it more this year !

WigglyBanana
WigglyBanana

What do you do? Are you happy?

SparklyRaccoon
SparklyRaccoon
26mo

@AlphaGrindset I work in tech. Been doing this for 7 years. Life and career is satisfying for the most part

FloatingMuffin
FloatingMuffin
26mo

Hey rajesh, what are you doing in grapevine?

SparklyRaccoon
SparklyRaccoon
26mo

@3xPlusOne hahaha what?

ZoomyNarwhal
ZoomyNarwhal

That's peanuts. 1cr annual income will be dope.

SparklyRaccoon
SparklyRaccoon
26mo

@DarKnight_ I agree with you

WobblyLlama
WobblyLlama
26mo

Target net worth for 2024 exit?

SparklyRaccoon
SparklyRaccoon
26mo

@route53 it will grow marginally only to 1.2 to 1.3 Cr I expect. Expecting a few major events and vacations this year. Also have moved to a more expensive rental house now

SwirlyMochi
SwirlyMochi

Ummm I have 1.5 Cr net worth. Why AMA? I believe any talented person with 7-8 YOE would have this.

FluffyUnicorn
FluffyUnicorn

Talk about showing off 😂 Also why not! AMAs inspires others to follow the track

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