GoofyCoconut
GoofyCoconut

[thread]- if you got 1cr from esop/ rsu vesting or a one time bonus, what will you do with it?

Think outside the box. Don’t say you’ll put in fd.

I’ll spend it on-

  1. Buying a house
  2. Investing in a few startups who’re truly trying to change the status quo
  3. Go on a one month euro tour
19mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
QuirkyPretzel
QuirkyPretzel
TCS19mo

Will either try to invest or start a company that deals with solving problems related to waste management or water scarcity problems.

GoofyCoconut
GoofyCoconut

Why waste management? Margin won’t be great. Too fragmented

MagicalQuokka
MagicalQuokka

Maybe to solve real problems in the real world rather than made up problems from San Francisco or Bangalore?

PrancingNugget
PrancingNugget

Apun Edtech company kholega.

GroovyBoba
GroovyBoba
Gif
MagicalBagel
MagicalBagel

But long term assets first, then a lifestyle.

GoofyCoconut
GoofyCoconut

Wise decision!

QuirkyPancake
QuirkyPancake
TCS19mo

Use the money to build a lifestyle company that creates more profit.

Example: sell bags, shoes, etc

CosmicBagel
CosmicBagel

Yolo on a used BMW M340i, rest in savings & investments.

PS: I am in my early 20s :)

SquishyNugget
SquishyNugget

50 lak in PMS, 50 lak as downpayment for flat

GoofyDonut
GoofyDonut

Government: Where my 35L!

JumpyTaco
JumpyTaco

buy luxury watches and sell them later

FluffyNugget
FluffyNugget
Plivo19mo

Hire a financial planner and proceed as per his advice.

GoofyDonut
GoofyDonut

Pay 35% to government Out of what's left, pay 10-20% more to government 🥲

FluffyCupcake
FluffyCupcake
Amazon19mo

Buy a real estate, you can save the capital gain tax. Section 54F, search it.

Discover more
Curated from across
Personal Finance
by FuzzyPretzelProduct Manager

Things to spend on

Income tax refund credited finally. What should I do with it?

Never really spent anything on me. Hate new gadgets, don't like travelling, doesn't shop much, won't drive until necessary.

I really don't know how to spend it. So should ...

Indian Startups
by SqueakyPotatoBusiness Analyst

ESOP Suggestions

One of my friends who works for a healthcare startup owns 30 shares at a premium of 75k per share. Company's share value went from 10k in last year to 75k this year due to fund raising event. Is it a good idea to vest now or wait for mor...