6 YOE, NW reaching
I am 28 years old. My net worth is reaching more than I know what to do with it.
Those who are experienced, rate my cureent investment strategy. Also any investment ideas?
From most liquid to least:
Savings account: 8 L FD: 45 L (50 L upon maturing in start of 2026) Mutual funds: 24.5 L Indian stocks: 12.7 L US stocks: 50.2 L EPF: 12 L PPF: 5 L LIC: 3.75 L
Total ~ 1.6 CR.
I wanted to treat myself by buying a BMW m340 but I resisted the urge. Also, I come from a well off family, my dad owns a BMW and a Merc as well. My partner also earns well. I don't have any responsibilities.
I invest 1 L MF every month and get about 4 L of stocks after tax every month in compensation. I do splurge at times. I have a pretty good SUV of my own.
Buy property. Build a farm house and start connecting with nature. Travel. Have kids. Volunteer. Sponsor some kids education. Reach out to startups doing work in things you enjoy to invest in. Do something adventurous. Start a side business.
Having a high NW is just one, small, tiny, minuscule part of life! Lots to life for
Love this!
Too much in FDs. (Considering you are well off, no dependencies, and have a long career ahead) Keep 5% in FD for emergencies. Rest move to Mfunds (arb and equity)
