My own investments are 7.5L in roughly 1.5 working years at ZS as an associate. I'm 23. Is this enough or I need to invest more?
I've also spent 3-4L on things like an iPhone, many big purchases at home as well.

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After 5 years of working, my savings are less than what you have invested. I'm 26. Is it too late for me? Should I give up?

likefunny

ZS6: bro/sis I am 32 and I couldn't even save 5 L so far even though I earned decent in last 8 years but there are reasons. Before I started with my career we were poor and had to take multiple loans for multiple reasons. But at present all my loans are cleared and recently I bought a land in my hometown (ofcourse on loan) and started heavily saving/investing. Moral: it's never too late.

Bro, which associate is earning this amount?

likefunny

2L ka joining and relocation
70k as year end
9 L base
1.5L ELRP

So thats ~ 14L

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When Investment fetch roughly around what you earn , then that is enough .

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Next putchase should be a sedan or sporty hatchback

likefunny

Gandiya itna paisa kama raha h , ek ca ya financial advisior hire kar le

funny

bro im 23 too, 1 year at ZS and 1 year at mass recruiter, I have invested around 8.2L , so I think we are on the right path!

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Woww. Great

@OP: no one can define how much is enough, it totally depends on one's lifestyle, economic conditions like recession inflation etc. My suggestion keep investing in way where you will enjoy your lifestyle at the same time invest a decent amount. My formula is invest 50% of the salary, 20% emergency fund and 30% lifestyle (I currently fetch 20LPA and my investment ratio will keep on increasing as per the hikes)

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Enough is very subjective and personal. Only you can define what is enough for you. And then maybe even that may not be enough for you.

I think it's a good amount. But it's quite subjective. Do you pay rent?

Yes, since 6 months

Bro teach me investment and all. I don't know anything

16 comments and 2 likes? 🥺🥺

Let the investment in some parts be liquidable during emergencies and max you can do post this is 10% step wise increase in mutual funds to add to your portfolio! Try talking to an investor for detailed advice!

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