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ringofchaos | 2 years ago

Would living on investment income be considered as self employed. I quit my management job of Tech department of my company.

Saved enough money to generate 80 percent of my last drawn salary from my investments.

Now focusing on creating my own fintech web app, with generative ai integration.

I like the feeling of working independently and years of corporate job had taken taken toll on mental health.

Currently building skills in fullstack web development and generative ai. Would take freelance job for some extra cash

discuss

order

jacomoRodriguez|2 years ago

so asking the big and obvious question: in what did yo invest?

ringofchaos|2 years ago

I am based out of India 70% of my portfolio is in equity mutual funds, and the rest in safe instruments. The Indian stock markets have given good returns and my equity portfolio has been doing 17% CAGR (10% inflation-adjusted)

But I have planned for conservative returns of 12 percent overall