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by Imissindia
Sat Oct 06, 2018 1:40 pm
Forum: Indian Bank Accounts & Money Transfer
Topic: Indian needs to get medical care in the US
Replies: -1
Views: 0

Indian needs to get medical care in the US

[QUOTE=hot;682316]Hi everyone. I am an Indian citizen and have saved up a lot of money. I had made a mobile app which was doing very well. I eventually sold the rights to a company and made some money. I have been wanting to get a surgery for many years now and while there are good doctors in India ...
by Imissindia
Wed Oct 03, 2018 10:19 am
Forum: To Pune, Mumbai, Maharashtra
Topic: To go back to the UK or stay in India
Replies: -1
Views: 0

To go back to the UK or stay in India

[QUOTE=ukdesi;682122]Hi, I agree on the international exposure for kids but the savings loss could be substantial. Wife will not be able to work as she is not a professional and is not very interested, and besides child care is prohibitively expensive. Unless, you have a top paying job, childcare is ...
by Imissindia
Tue Oct 02, 2018 7:50 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: To go back to the UK or stay in India
Replies: -1
Views: 0

To go back to the UK or stay in India

I see no harm in you moving to the UK for a while. What are you losing? just a little bit of savings, that's all. In return, your children would get international exposure, your wife can experience living in Europe for a longer period and all of you can get a more prized passport. Right now is a ...
by Imissindia
Sat May 12, 2018 12:44 am
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=crazyforger;674270] I say this again and again. Rupee is fundamentally flawed in nature. Its in the hand of government. Its a pure gamble to invest on it. They can suddenly say that Rupee has 0 value. Its like bit coin. Land isn't like that. Even if government declares that you can no longer ...
by Imissindia
Fri May 11, 2018 8:39 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=techynt;674265]I know few cases, where people were not financially savvy and they thought they will be able to live forever with the FD income. Not to mention FD rates went down from 13% to less than 7% couple of times, but when they were planning in mid 90s, it was historically on average ...
by Imissindia
Fri May 11, 2018 2:22 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=crazyforger;674244]Agree completely. We shouldn't be putting all eggs in one basket. That is the reason as to why I said Land in India. FD is a very useful tool at times when you don't find any good investment to put your money on. This is a special situation. But it isn't something you bank ...
by Imissindia
Thu May 10, 2018 9:25 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=techynt;674232]Looking at IMI post 87, is the real problem investing in India, seems like we get negative inflated adjusted returns? But its hard to say that since USA went through two rounds of massive stock losses in the last 20 years, one would have not done better invested in ...
by Imissindia
Thu May 10, 2018 9:22 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=crazyforger;674240]That is the thing. People without financial knowledge think they are 'investing' in FD. Firstly, I forbid anything in Rupees. Always invest in quality and look at fundamentals. Rupee is crap. India has fertile land....If you get land at a very reasonable rate...grab it. US ...
by Imissindia
Thu May 10, 2018 12:03 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=Dwija123;674227]The unpredictability of inflation will affect gains in stocks and bonds as much as it will affect interest from FD. The point ImissIndia is making is that there is no guarantee that returns from your AAP will be higher than from FD. In that sense Stocks/Bonds are a bigger ...
by Imissindia
Wed May 09, 2018 10:17 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: retiring to India - getting out of the race
Replies: -1
Views: 0

retiring to India - getting out of the race

[QUOTE=crazyforger;673495]You should never look at the amount.....It should be purchasing power. Lets say you an buy 1 apple for 10Rs in Jan 2017 and due to inflation(10%) the apple price increased to 11Rs . You put 10Rs in FD in India and after a Year it becomes 11Rs. After tax on Interest, you ...

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