Hello Folks, Just wanted to know what kind of savings you guys have. Just wanted to know how i am doing compared to other folks. been working in US for 5 years, i don't have any personal property in Nepal. I mean we have a family house but i am not counting that as my personal property. About $30K in 401K and $50K in savings account. So roughly about $80K total but no property. Still renting. Am i on a good track ? Got married recently so had to spent a good chunk of savings otherwise had close to $100k. Would be nice if you guys don't mind sharing how you guys have been saving. Maybe i can learn something better. Thanks ! Last edited: 09-Sep-16 11:32 AM
I485 · Sep 9, 2016 11:31 AM · 55,365 views
hi micki mouse bro, i'm a US citizen and working in IT. what type of people you are looking for in your group? thanks.
ankur · Sep 16, 2016 2:31 PM
I strongly suggest people to invest instead of putting money in savings account. 10/15K in saving as a rainy day fund is good enough but rest should go in compounding interest investing for passive or retirement fund such as ETFs and/or mutual funds. Vanguard is one of the easiest and trustworthy investment firm with annual return of 7-10% in ETFs/mutual funds and only needs 10K to open up!
Nepali_hu_ma · Sep 16, 2016 3:18 PM
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