[Milestone] Crossed 1 cr networth

[nightjay0044]

@revots Congrats OP. Best of luck

 

[mrssnowqueen1]

@revots Congrats op

 

[b377]

@revots Congrats, savings rate is phenomenal!

 

[alotanor]

@revots What is the base salary?

 

[revots]

@alotanor 33lpa + stock refresher for ~20l every year

 

[_anika_]

@revots how much property you inherited ?

 

[revots]

@_anika_ I have not inherited it yet. I will get one house block (land value around 40l) having an additional 4 small homes generating 10k in rent. 2 plot land in a remote village. (Not appreciated much)

 

[godsgirlxox]

@revots Congratulations!

I just want to note that 33% of your networth is from company stock, which everyone might not have.

In any case, i'm tempted to make the same calculations for myself now.

 

[daniel94]

@revots Nice work op

 

[unworthytx]

@revots wow crazyyyyy savings rates man!!!

 

[jakeyb123]

@revots how does it feel to be a crorepati ?

 

[mrdean36]

@jakeyb123 Tbh it doesn’t feel anything.

 

[jakeyb123]

@mrdean36 I know right?!

 

[mrdean36]

@jakeyb123 The house I rent has market value close to 1.8 cr

 

[revots]

@mrdean36 Yes, Nothing different

 

[jakeyb123]

@revots see that's what I've been telling all along to my friends.. more money doesn't really mean more happiness in anyway.. or it doesn't change you as a person in anyway (well for most people atleast).

 

[kalter]

@jakeyb123 It is just a number at the moment, happiness comes when you do things with it, either go on trips, but a car that you really like without much thought, post your parents hospital bill without a thought.

 

[jk100991]

@revots Well done on tracking expenses, savings, returns so well.

 

[novalopez697]

@revots Hey, OP you have high chunk in FDs. Are you paying 30% taxes on your FD returns or do you have FDs in your mom's name?

 

[revots]

@novalopez697 Currently 50-50 split between me and my mother.

Actually I have stopped equity investment for the last one yr except espp and started FD for marriage expenses. I kind of overestimated the expenses and ended with additional FD under my name.

I will move these FD to equity.