24M , crossed 35 lakhs Net Worth
Hi,
Sharing a small personal milestone as I just crossed 35 lakhs net worth after 3 years of working . Although I am 24 , I will turn 25 in Aug.
Currently , my distributions are as follows -
High Risk
Mutual Funds - 18 lakhs ( includes smallcap, midcap , large cap and nifty)
USA stocks - 10.5 lakhs (given by my company)
Medium Risk/ Low Risk
Arbitrage Fund - 2 lakh
Gold
Around 2 lakhs
EPF - 4 lakhs
Emergency Fund - 1 lakh
I have some miscellaneous cash around 50k sitting in my bank account .
I personally want to try and cross 1 Cr Net Worth before 30. Also , I have a health insurance from Tata AIG.
I don't have to send much to my parents since they are well settled. (Although I send a small token each month 🙂).
Currently , I am investing aggressively in Mutual Funds itself but just want to know if I should diversify even more .
Also, I am planning to buy a bike , so not sure if I should take a loan or stop my SIP's for a few months. (Taking around 1 lakh from my dad)
Any reviews and suggestions would be appreciated !
Thanks.
PS - Not sure why Reddit thinks this is a brag. I have worked really hard just to build a safety net for me and my future.