Net Worth Update – April 2016

net worth

“I love to compete. To me, business is ultimate sport. It’s always on. There is always someone trying to beat me” – Mark Cuban

We continue with another net worth update, even on Fool’s day.

Increased net worth by 60k INR compared to that of previous month. Thanks to the companies that I have invested in. There is a saying that if you do not book profit from the stocks it means you have not done any money, I beg to differ here. The stock market is a place where in you help the companies to increase sales, profit or decrease debt by buying part of company in the form of shares. Hence when you invest in a company you know if it is a company with solid background or not, also you need to invest in a company that is undervalued in comparison to its peers. For example Mahindra and Mahindra, this company is way under valued. So I invested in this company and now I am part of its growth. I am so confident that investing in this company I will not lose my money. As I speak in two weeks times I got 12% returns 🙂

From the salary, a healthy amount of 25k INR invested in debt fund every month. Transferred some cash along with remaining salary amount from emergency fund to equity. I don’t care if the market crashes. Am going to stay in here for long.

April2016

Expenses as said before, I am managing them from the money I received in cash on my wedding. So these expenses charted above are not hurting my net worth so far. Come next month I might be travelling to Chicago, IL. Hopefully a new chapter in my life begins in the states. Cheers to one and all. Cheers to money!!

How’s your net worth holding up my friends?

 

Be the first to comment on "Net Worth Update – April 2016"

Leave a comment

Your email address will not be published.


*