First milestone - 1 cr NW achieved!
I’ve been a long-time lurker in this sub and wanted to celebrate my first milestone with you guys:
1 cr NW achieved!
A little background:
M27, single, working as a software engineer at a startup in Bengaluru. I’ve been consistently investing in Indian equities and mutual funds for the last 5 years.
Current expenses: ~7L/year
Income: 42L/year
I got lucky with a real estate investment that basically doubled in value in 3 years and now forms the majority of my net worth. My parents found the deal and co-invested with me - grateful to them!
Next milestone: 2 cr by the end of next year. I’ve been eyeing another real estate opportunity that has the potential to double in value in ~1.5 years.
I also hold sizable ESOPs (easily worth ~60L in the current company valuation), but I’m not counting that as I consider it paper money.
The ultimate aim is to achieve FI by the age of 33 with a 4 cr net worth and a nice, cozy home in Himachal! After that, I plan to work on my own startup and dive deeper into learning music production, which is my passion.
Wish me all the best, and any feedback or suggestions are welcome!