SparklyWalrus

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?

14mo ago

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ZippyPancake

Stealth14mo

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