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BubblyMochi
BubblyMochi
Stealth

Portofolio worth - 50 L

Hi,

Wanted to keep precise to the point.

Age - 36 Salary - 40 LPA Portfolio - (Stocks, FD, MFs) - 50 Lakhs MF - 40 Lakhs Stocks - 6 Lakhs FD + Debt - 4 Lakhs

Married. with 4 year Kid. Wife is not working.

Own Home - 85 Lakhs - Loan will be cleared in 5 years

Posting this after going through all the posts. Felt like I am not saving much. Need you advice/comments.

6mo ago
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SqueakyUnicorn
SqueakyUnicorn
Adobe6mo

Don't rush into clearing the home loan. Focus on having a solid emergency fund, health and term insurance.

Once you have that focus on building up your financial assets. That's what compounds and boosts your QoL.

PrancingPotato
PrancingPotato
Stealth6mo

Everyone has their own journey and struggles. Don’t compare yourself to others. That would only give you stress.

WigglyPretzel
WigglyPretzel
HSBC6mo

Already Saved What more ??

BubblyMochi
BubblyMochi
Stealth6mo

After scrolling through the comments/posts here, many have a very big portfolio in their 30s. Just wanted to make sure if I am in the right path. Investing around 80K every month in MFs/Stocks.

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