AMA
AMA
on
GroovyBiscuit
GroovyBiscuit

Reached 1cr net worth, 4.5yr out of tier 2.5/3 college. AMA

Recently reached 1cr net worth , which was a personal milestone ( liquid money). Started with 10lpa(only person from college to get into the company) . Had 2 switches. Made most via investments. Been investing from internship where my stipend was 22k, was investing 5k. AMA.

6mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DerpyNarwhal
DerpyNarwhal
SAP6mo

1 CR is less in 2025. Thanks to my family and generational wealth, I have been blessed with 11 CR worth assets. Working in IT with that much assets feels good. I don’t care if my job is there or not. No shit talks from manager and feels like raja of my own life.

SillyPenguin
SillyPenguin

Good for you. 1cr is not less in 2025 for a fact.

GroovyUnicorn
GroovyUnicorn

There is always that one person who will try to undermine what you have. This is the one. I hope your ego is satisfied and this doesn't help the post or give this grapevine community anything.

DizzyTaco
DizzyTaco

Can you please share your details of investment and salary progression.

GroovyBiscuit
GroovyBiscuit

Yoe vs salary 0-1.1- 11lpa 1.1-3.5- 22lpa 3.5-4.5- 48lpa

Mutual funds made me 8lpa with 46% returns Us stocks made me 20lpa from 11lpa Indian stocks another 7-9lpa. Been investing from internship so almost 40%is from investments. Xirr is 20-30% if u want to know.

DizzyTaco
DizzyTaco

Please Mention the mutual fund and us stocks.

ZoomyCupcake
ZoomyCupcake
TCS6mo

Bro marry me 😂

GroovyBiscuit
GroovyBiscuit

If u are a girl, send me your matrimonial details along with photos 🤣🤣. Also have to believe in old school of love!

GigglyQuokka
GigglyQuokka

Waah grapevine pr rishte fix horhe hai 😅, mein bhi ek din dalunga aise hi post hoping koi muje bhi bhejde rishta 🤣

PrancingNarwhal
PrancingNarwhal

% of salary that you're Saving

GroovyBiscuit
GroovyBiscuit

Currently 90% of post tax salary.

GigglyPretzel
GigglyPretzel

Are u remote?

ZippyUnicorn
ZippyUnicorn

Konse color ki chaddi pehne ho?

GroovyBiscuit
GroovyBiscuit

Gareebo wali.( thankfully not phati )

JumpyPancake
JumpyPancake

This is your milestone in liquid money ? what is total after adding company RSUs/EPF as well ?

GroovyBiscuit
GroovyBiscuit

7-8lakh in epf/nps. Rsu hasn’t vested yet. Will vest in January. After that will add another 15-20l in my networth. Obviously taxes will be deducted from this.

GigglyPretzel
GigglyPretzel

How and where to start learn investing like you ? Like u said in some comment "based on my thesis" how much knowledgeable u have to be get at this stage

GroovyBiscuit
GroovyBiscuit

I had been investing for 5+yrs. been investing from internship. Didn’t make any money for first2-3 yrs. even lost some money. Took me 5yrs.

BouncyMarshmallow
BouncyMarshmallow

@sovreign Congratulations brother, what's your life goal ? I believe you are minimalist and how do you handle the peer pressure?

GroovyBiscuit
GroovyBiscuit

I am minimalist. Just want to be financially free. 6-10cr. I am different, i dont feel peer pressure. I am secure person and dont feel the need to show off.

MagicalJellybean
MagicalJellybean
IBM6mo

How did you get from 11 lpa to 48 lpa in 4.5 years?

GroovyBiscuit
GroovyBiscuit

Commented my salary progression in another comment with yoe.

GroovyBiscuit
GroovyBiscuit

Key: switch to companies which pay significantly higher

TwirlyTaco
TwirlyTaco

What the hell is 2.5 tier

GroovyBiscuit
GroovyBiscuit

Somethign worse than tier 2 like nits but not bad enough for tier 3

Discover more
Curated from across
Personal Finance
by WobblyNuggetSoftware Developer

How much wealth have you created yourself?

  1. Real estate (invested value)
  2. Liquid cash
  3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

Top comments
user

Seeing the comment section,I realise I am broke.

user

This di*k measuring contest is really popular nowadays.

user

I'm 31 1 apartment for 2Cr on loan … loan will be over in 5 years 1.5cr in MF 10-15L cash I started 4 SIPs...

Product Managers
by TwirlyDonutProduct Owner

Ex-Policybazaar Product Head #AMA

With over 10+ years of experience in Product management within the insurance and Fintech sector, I’ve realized that product management is still not understood/defined well as a role. I’m open to all sort of queries.

Top comment
user

Very cool How is it working at PolicyBazaar? Does the product evolve a lot? How do you folks look at Acko?