GigglyBoba
GigglyBoba

Buy a Lamborghini

How one can afford Lamborghini or Ferrari or Porche in india?

14mo ago
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QuirkyNugget
QuirkyNugget

Get to 10-12 LPM salary. invest heavily in niche equities, with some exposure to small and micro caps. Build a corpus of 50 cr. Then you can buy one because 10% of 50 cr = 5 cr per annum, which then makes it affordable. It's a different matter that you won't feel like buying it if you can achieve this. ;)

GigglyBoba
GigglyBoba

@SabChangaSi niche equity means ?

QuirkyNugget
QuirkyNugget

Don't go the index fund route. Become a good stock picker. You should Target to achieve 25% Irr for 15 years to be able to get to 50 cr corpus, assuming the amount invested is around 3 cr. So getting to 3 cr with your salary also becomes important.

PerkyNugget
PerkyNugget

Jab mere pas hogi tab batauga

GigglyBoba
GigglyBoba

..was not expecting this

SwirlyKoala
SwirlyKoala
EY14mo

Shop in Chandni Chowk

GigglyBoba
GigglyBoba

Bhai udhar shop hone ke liye itna aasan hai kya..udhar ke sab crorepati hain already..kuch aissa bta Jo feasible hai

FluffyDumpling
FluffyDumpling

Jobs are only for Maruti and low class cars if you dream for Luxurious Car then start business..

CosmicLlama
CosmicLlama

India has many rich people than we see. A small scale businessman or a land owning farmer will today will earn more than a mid level company ceo.
One doest pay correct taxes and the other has no tax.

ZestyPotato
ZestyPotato

Born in rich family

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