Indian Politics and Internal News

[Mr X]

Our country our rules, if one have problem, then go to Pakistan.

Yeah that’s why Pakistan was needed to protect such people. You will never understand that the Indian Muslim have been living there for 1400 years since the companions of the Prophet travelled to India. But for the last 1000 years in most parts of modern day India. It’s equally their country and the rules must be for them but that’s why Jinnah feared that people like you will be born in India who will dictate and convert Muslim (who were once the rulers of India) into a minority.

 

[LostArrow]

Yeah that’s why Pakistan was needed to protect such people. You will never understand that the Indian Muslim have been living there for 1400 years since the companions of the Prophet travelled to India. But for the last 1000 years in most parts of modern day India. It’s equally their country and the rules must be for them but that’s why Jinnah feared that people like you will be born in India who will dictate and convert Muslim (who were once the rulers of India) into a minority.

Correct that's why Pakistan was created; go there.

 

[Mr X]

Correct that's why Pakistan was created; go there.

I am a Pakistani already and I love my Quaid for helping me escape narrow mind people like you.

 

[LostArrow]

I am a Pakistani already and I love my Quaid for helping me escape narrow mind people like you.

That suggestion was not you mate. You already attained awesomeness. It's for Indian Muslims. "go to Pakistan" and find their awesomeness.

 

[Mr X]

That suggestion was not you mate. You already attained awesomeness. It's for Indian Muslims. "go to Pakistan" and find their awesomeness.

This is a typical BJP (extremist mindset) and not the thread topic.

So I am going to thread ban you. So that I don’t miss your awesome posts where relevant in the future

Good night

 

[Nilgiri]

Can we stop sharing local news about India.

This is a defence forum with some interest in international affairs from India

Quoting again for the threads that were just merged again into this one, regarding those that keep starting new ones for clickbait flamewarring purposes.

 

[Guynextdoor]

Huuuh! You are indeed dense.

Let me break it down for you.

3 million dollars in todays money were 170K dollars in 1925, adjusting to inflation (Source : https://www.bankofcanada.ca/rates/related/inflation-calculator/)

Now assuming you were starting in 1925 with 170K dollars and you invested in 60-40 Stocks and bonds EFTs and you withdrew 4% of your portfolio EACH year. What will be your situation today in 2024.

Here is a spread sheet of that showing income and portfolio value.

Return data :

Stocks/Bonds 60/40 Portfolio: ETF allocation and returns

Build the Stocks/Bonds 60/40 Portfolio with 2 ETFs. Discover its asset allocation and explore historical returns and stats.

www.lazyportfolioetf.com

Formula used :
Income = (Last Year Portfolio value * (Return/100) + Last Year Portfolio value) * (4/100)
Portfolio Value = (Last Year Portfolio value * (Return/100) + Last Year Portfolio value) * (96/100)

Highlights:
1. Today that portfolio will be 10 million dollars in worth, 3 times above inflation adjusted value.

2. There will NEVER be an year in which I will not make a good income, adjusted to inflation.

3. Even during the WORST downturn, like 2008 etc, I will be making a lot of money more than enough to live richly.

4. This will create a generational wealth.

5. This entire period include 100 years history including WORST depression world has ever seen. I would never be EVER making less than $130K in todays dollars EVEN during the worst of the worst time in income. Couple this with some cushion made during boom years, I will NEVER need to compromise on my living standards.

Year	Return	Protfolio Value	Income
[COLOR=rgba(0, 0, 0, 0.9)]2024[/COLOR]	12.20	10122910.6741202	[COLOR=rgba(0, 0, 0, 0.9)]421787.94475501[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2023[/COLOR]	17.79	8952117.00388424	[COLOR=rgba(0, 0, 0, 0.9)]373004.875161843[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2022[/COLOR]	-16.95	11228322.5515305	[COLOR=rgba(0, 0, 0, 0.9)]467846.772980436[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2021[/COLOR]	14.66	10200740.7330463	[COLOR=rgba(0, 0, 0, 0.9)]425030.863876928[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2020[/COLOR]	15.70	9183899.39232774	[COLOR=rgba(0, 0, 0, 0.9)]382662.474680323[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2019[/COLOR]	21.94	7845302.4987765	[COLOR=rgba(0, 0, 0, 0.9)]326887.604115688[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2018[/COLOR]	-3.17	8439729.52896023	[COLOR=rgba(0, 0, 0, 0.9)]351655.39704001[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2017[/COLOR]	14.15	7701607.46911979	[COLOR=rgba(0, 0, 0, 0.9)]320900.311213325[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2016[/COLOR]	8.71	7379733.03314609	[COLOR=rgba(0, 0, 0, 0.9)]307488.876381087[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2015[/COLOR]	0.44	7653546.30578174	[COLOR=rgba(0, 0, 0, 0.9)]318897.762740906[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2014[/COLOR]	9.85	7257573.11654315	[COLOR=rgba(0, 0, 0, 0.9)]302398.879855965[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2013[/COLOR]	19.23	6340662.58189979	[COLOR=rgba(0, 0, 0, 0.9)]264194.274245825[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2012[/COLOR]	11.13	5943360.79919519	[COLOR=rgba(0, 0, 0, 0.9)]247640.0332998[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2011[/COLOR]	3.75	5967229.71806746	[COLOR=rgba(0, 0, 0, 0.9)]248634.571586144[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2010[/COLOR]	12.93	5504174.52373471	[COLOR=rgba(0, 0, 0, 0.9)]229340.605155613[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2009[/COLOR]	18.79	4826597.46518253	[COLOR=rgba(0, 0, 0, 0.9)]201108.227715939[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2008[/COLOR]	-19.44	6240945.49763961	[COLOR=rgba(0, 0, 0, 0.9)]260039.395734984[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2007[/COLOR]	5.99	6133583.25632097	[COLOR=rgba(0, 0, 0, 0.9)]255565.969013374[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2006[/COLOR]	11.12	5749774.32085524	[COLOR=rgba(0, 0, 0, 0.9)]239573.930035635[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2005[/COLOR]	4.74	5718300.79328898	[COLOR=rgba(0, 0, 0, 0.9)]238262.533053707[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2004[/COLOR]	9.37	5446249.7269294	[COLOR=rgba(0, 0, 0, 0.9)]226927.071955392[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2003[/COLOR]	20.04	4726071.97507897	[COLOR=rgba(0, 0, 0, 0.9)]196919.66562829[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2002[/COLOR]	-8.98	5408692.20029363	[COLOR=rgba(0, 0, 0, 0.9)]225362.175012235[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2001[/COLOR]	-3.21	5820905.43992754	[COLOR=rgba(0, 0, 0, 0.9)]242537.726663648[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]2000[/COLOR]	-1.79	6173956.99683453	[COLOR=rgba(0, 0, 0, 0.9)]257248.208201439[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1999[/COLOR]	13.98	5642397.96897348	[COLOR=rgba(0, 0, 0, 0.9)]235099.915373895[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1998[/COLOR]	17.39	5006813.08829319	[COLOR=rgba(0, 0, 0, 0.9)]208617.212012216[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1997[/COLOR]	22.37	4262017.07959909	[COLOR=rgba(0, 0, 0, 0.9)]177584.044983295[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1996[/COLOR]	14.01	3894045.368461	[COLOR=rgba(0, 0, 0, 0.9)]162251.890352542[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1995[/COLOR]	28.74	3150766.86252411	[COLOR=rgba(0, 0, 0, 0.9)]131281.952605171[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1994[/COLOR]	-1.16	3320567.39693371	[COLOR=rgba(0, 0, 0, 0.9)]138356.974872238[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1993[/COLOR]	10.25	3137346.36898499	[COLOR=rgba(0, 0, 0, 0.9)]130722.765374375[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1992[/COLOR]	8.32	3017050.53024314	[COLOR=rgba(0, 0, 0, 0.9)]125710.438760131[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1991[/COLOR]	25.53	2503593.53859896	[COLOR=rgba(0, 0, 0, 0.9)]104316.397441623[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1990[/COLOR]	-0.19	2612874.39739563	[COLOR=rgba(0, 0, 0, 0.9)]108869.766558151[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1989[/COLOR]	22.33	2224919.61412064	[COLOR=rgba(0, 0, 0, 0.9)]92704.9839216935[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1988[/COLOR]	13.33	2045023.02836172	[COLOR=rgba(0, 0, 0, 0.9)]85209.2928484049[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1987[/COLOR]	2.18	2084784.02936986	[COLOR=rgba(0, 0, 0, 0.9)]86866.0012237441[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1986[/COLOR]	14.79	1891846.00626675	[COLOR=rgba(0, 0, 0, 0.9)]78826.9169277811[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1985[/COLOR]	27.66	1543688.6442069	[COLOR=rgba(0, 0, 0, 0.9)]64320.3601752877[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1984[/COLOR]	7.32	1498331.1632335	[COLOR=rgba(0, 0, 0, 0.9)]62430.4651347294[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1983[/COLOR]	15.69	1349089.48774158	[COLOR=rgba(0, 0, 0, 0.9)]56212.0619892324[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1982[/COLOR]	24.75	1126494.22824113	[COLOR=rgba(0, 0, 0, 0.9)]46937.2595100473[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1981[/COLOR]	1.27	1158715.79712766	[COLOR=rgba(0, 0, 0, 0.9)]48279.8248803193[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1980[/COLOR]	21.05	997105.01611564	[COLOR=rgba(0, 0, 0, 0.9)]41546.0423381517[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1979[/COLOR]	16.69	890094.316954145	[COLOR=rgba(0, 0, 0, 0.9)]37087.2632064227[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1978[/COLOR]	5.53	878595.262162956	[COLOR=rgba(0, 0, 0, 0.9)]36608.1359234565[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1977[/COLOR]	-1.60	930084.754152858	[COLOR=rgba(0, 0, 0, 0.9)]38753.5314230358[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1976[/COLOR]	21.38	798186.097854584	[COLOR=rgba(0, 0, 0, 0.9)]33257.7540772743[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1975[/COLOR]	25.64	661766.835348502	[COLOR=rgba(0, 0, 0, 0.9)]27573.6181395209[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1974[/COLOR]	-14.41	805398.356686556	[COLOR=rgba(0, 0, 0, 0.9)]33558.2648619398[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1973[/COLOR]	-9.12	923147.690964454	[COLOR=rgba(0, 0, 0, 0.9)]38464.4871235189[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1972[/COLOR]	11.66	861196.648833936	[COLOR=rgba(0, 0, 0, 0.9)]35883.193701414[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1971[/COLOR]	14.37	784366.392004328	[COLOR=rgba(0, 0, 0, 0.9)]32681.9330001803[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1970[/COLOR]	9.77	744327.525739736	[COLOR=rgba(0, 0, 0, 0.9)]31013.6469058223[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1969[/COLOR]	-7.02	833879.514568249	[COLOR=rgba(0, 0, 0, 0.9)]34744.9797736771[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1968[/COLOR]	9.19	795516.52563598	[COLOR=rgba(0, 0, 0, 0.9)]33146.5219014992[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1967[/COLOR]	16.22	713012.43119728	[COLOR=rgba(0, 0, 0, 0.9)]29708.8512998867[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1966[/COLOR]	-3.25	767670.576224462	[COLOR=rgba(0, 0, 0, 0.9)]31986.2740093526[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1965[/COLOR]	8.81	734911.175658317	[COLOR=rgba(0, 0, 0, 0.9)]30621.2989857632[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1964[/COLOR]	11.40	687192.526610485	[COLOR=rgba(0, 0, 0, 0.9)]28633.0219421035[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1963[/COLOR]	13.34	631573.626744828	[COLOR=rgba(0, 0, 0, 0.9)]26315.5677810345[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1962[/COLOR]	-3.49	681679.820252681	[COLOR=rgba(0, 0, 0, 0.9)]28403.3258438617[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1961[/COLOR]	16.69	608520.992455688	[COLOR=rgba(0, 0, 0, 0.9)]25355.0413523203[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1960[/COLOR]	5.77	599296.618897616	[COLOR=rgba(0, 0, 0, 0.9)]24970.6924540673[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1959[/COLOR]	6.99	583481.92480763	[COLOR=rgba(0, 0, 0, 0.9)]24311.7468669846[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1958[/COLOR]	25.76	483296.494652206	[COLOR=rgba(0, 0, 0, 0.9)]20137.3539438419[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1957[/COLOR]	-2.53	516501.332303322	[COLOR=rgba(0, 0, 0, 0.9)]21520.8888459717[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1956[/COLOR]	4.48	514952.355617624	[COLOR=rgba(0, 0, 0, 0.9)]21456.3481507343[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1955[/COLOR]	15.12	465956.136004481	[COLOR=rgba(0, 0, 0, 0.9)]19414.8390001867[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1954[/COLOR]	31.48	369159.548984384	[COLOR=rgba(0, 0, 0, 0.9)]15381.6478743493[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1953[/COLOR]	1.85	377556.403395909	[COLOR=rgba(0, 0, 0, 0.9)]15731.5168081629[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1952[/COLOR]	9.07	360583.038602798	[COLOR=rgba(0, 0, 0, 0.9)]15024.2932751166[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1951[/COLOR]	12.47	333962.240488943	[COLOR=rgba(0, 0, 0, 0.9)]13915.093353706[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1950[/COLOR]	18.15	294437.015524883	[COLOR=rgba(0, 0, 0, 0.9)]12268.2089802034[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1949[/COLOR]	13.74	269654.672503153	[COLOR=rgba(0, 0, 0, 0.9)]11235.611354298[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1948[/COLOR]	2.46	274146.285240534	[COLOR=rgba(0, 0, 0, 0.9)]11422.7618850222[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1947[/COLOR]	2.12	279640.665026984	[COLOR=rgba(0, 0, 0, 0.9)]11651.6943761243[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1946[/COLOR]	-3.48	301794.819108069	[COLOR=rgba(0, 0, 0, 0.9)]12574.7841295029[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1945[/COLOR]	24.98	251535.928338592	[COLOR=rgba(0, 0, 0, 0.9)]10480.6636807747[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1944[/COLOR]	13.65	230546.935344801	[COLOR=rgba(0, 0, 0, 0.9)]9606.12230603337[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1943[/COLOR]	17.73	203986.288669697	[COLOR=rgba(0, 0, 0, 0.9)]8499.42869457069[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1942[/COLOR]	10.55	192207.794992553	[COLOR=rgba(0, 0, 0, 0.9)]8008.65812468971[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1941[/COLOR]	-5.16	211109.71437921	[COLOR=rgba(0, 0, 0, 0.9)]8796.23809913373[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1940[/COLOR]	-2.58	225729.780823592	[COLOR=rgba(0, 0, 0, 0.9)]9405.40753431633[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1939[/COLOR]	2.64	229087.284058757	[COLOR=rgba(0, 0, 0, 0.9)]9545.30350244822[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1938[/COLOR]	18.78	200903.003503288	[COLOR=rgba(0, 0, 0, 0.9)]8370.95847930365[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1937[/COLOR]	-20.16	262116.685849939	[COLOR=rgba(0, 0, 0, 0.9)]10921.5285770808[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1936[/COLOR]	22.00	223801.815104115	[COLOR=rgba(0, 0, 0, 0.9)]9325.07562933812[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1935[/COLOR]	29.34	180243.45966712	[COLOR=rgba(0, 0, 0, 0.9)]7510.14415279668[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1934[/COLOR]	4.30	180013.042972116	[COLOR=rgba(0, 0, 0, 0.9)]7500.54345717148[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1933[/COLOR]	35.51	138376.198383357	[COLOR=rgba(0, 0, 0, 0.9)]5765.67493263985[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1932[/COLOR]	-0.28	144546.603806655	[COLOR=rgba(0, 0, 0, 0.9)]6022.77515861062[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1931[/COLOR]	-27.30	207110.562538192	[COLOR=rgba(0, 0, 0, 0.9)]8629.60677242466[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1930[/COLOR]	-13.91	250598.407841348	[COLOR=rgba(0, 0, 0, 0.9)]10441.6003267228[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1929[/COLOR]	-5.08	275010.543792742	[COLOR=rgba(0, 0, 0, 0.9)]11458.7726580309[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1928[/COLOR]	22.84	233205.239702681	[COLOR=rgba(0, 0, 0, 0.9)]9716.88498761171[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1927[/COLOR]	22.12	198920.83580928	[COLOR=rgba(0, 0, 0, 0.9)]8288.36815872[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1926[/COLOR]	8.76	190519.68	[COLOR=rgba(0, 0, 0, 0.9)]7938.32[/COLOR]
[COLOR=rgba(0, 0, 0, 0.9)]1925[/COLOR]	16.74	170000	[COLOR=rgba(0, 0, 0, 0.9)]0[/COLOR]

Oh my god you pretentious windbag- if you have instrument that is

- exposed to market risks
- not backed by govt to cover your losses
IT is necessarily risky

for FD/ Annuity, the income is from loan recovery not stock markets. And Banks publish both bad loan reports and NIMs every quarter. More often than not govt steps in the case issues. There is constant regulation that you can't find in ETFs.

 

[onlinpunit]

Well I can't talk a guy who is hell bent on living poor so all the best to you.

BTW @AjayGhatak I wasn't talking about ETFs, but secured annuties giving 8% to 7% . Indian ETfs will be higher and as with all ETFs have higher risk than secured annuties.

As for 'bubb;e' has to pop, same can be said of all economies. Canadian economy is hardly more sophisticated than Indian ones.

You are banging ye head on a wall immune to all reason..!
For him US cities full of homeless junkies & immigrant, criminals who break into stores without worrying about consequences are heaven on earth..
Astronomical medical bills are just meh..!
Active and passive racism an indian origin faces in day to day life are part of american dream.
Let him marinate in his own bubble.

 

[AjayGhatak]

Oh my god you pretentious windbag- if you have instrument that is

- exposed to market risks
- not backed by govt to cover your losses
IT is necessarily risky

Let me ask you this,

1. Is SBI annuity backed by govt?
2. Is SBI not exposed to market risk?

Why do you think SBI annuity is not necessarily risky? But 60-40 Stocks and Bonds porfolio ETFs are risk. LOL! Even when you have 100 years of return history. LOL!

for FD/ Annuity, the income is from loan recovery not stock markets.

Huh?

So SBI does not do commercial loans? And there is no risk in that?
And SBI does not do any stock market investment? Right?

BTW, do you know "Bonds" are actually... loans?

 

[AjayGhatak]

Active and passive racism an indian origin faces in day to day life are part of american dream.

So casteism, regionalism, lingualism is A-Okay. But only racism is baaaad?

When Kannadiga auto drivers tell you to get lost from Bangalore, its A-Okay but only if some weird white loser tells you to go back to your country, that is the problem. Right?

Astronomical medical bills are just meh..!

Not at all an issue in Canada or Australia.
USA sure. But then thats why you work for American employer but do not live in America.

You are more likely to go bankrupt in India due to medical cost because insurance industry has not much of a regulation. Australia for instance has excellent private and public healthcare backed with an equally impressive regulated insurance industry.

For him US cities full of homeless junkies & immigrant, criminals who break into stores without worrying about consequences are heaven on earth..

Really?
There are no homeless in India? And there is excellent storm drains in India? Bridges absolutely never fall in India, right?

There are absolutely no crimes in India. Traffic is so well organised? Right?

LOL!

 

[onlinpunit]

So casteism, regionalism, lingualism is A-Okay. But only racism is baaaad?

When Kannadiga auto drivers tell you to get lost from Bangalore, its A-Okay but only if some weird white loser tells you to go back to your country, that is the problem. Right?


Not at all an issue in Canada or Australia.
USA sure. But then thats why you work for American employer but do not live in America.

You are more likely to go bankrupt in India due to medical cost because insurance industry has not much of a regulation. Australia for instance has excellent private and public healthcare backed with an equally impressive regulated insurance industry.



Really?
There are no homeless in India? And there is excellent storm drains in India? Bridges absolutely never fall in India, right?

There are absolutely no crimes in India. Traffic is so well organised? Right?

LOL!

Please do us a favor ! Never ever come to india.

 

[AjayGhatak]

Please do us a favor ! Never ever come to india.

What makes you think I am ever going to settle in India?

In fact my entire argument is only this : Buying real estate in India is foolish because Indian real estate and infra sucks really bad and have very little value for the inflated prices that are so much prevelent in India.

Anyone with even half way decent money (like 2-3 million) is finding a way out of India or at the very least trying to settle his or her kids abroad.

Do not believe me? Look at emigration numbers of India.

 

[onlinpunit]

What makes you think I am ever going to settle in India?

In fact my entire argument is only this : Buying real estate in India is foolish because Indian real estate and infra sucks really bad and have very little value for the inflated prices that are so much prevelent in India.

Anyone with even half way decent money (like 2-3 million) is finding a way out of India or at the very least trying to settle his or her kids abroad.

Do not believe me? Look at emigration numbers of India.

Good! Less crowded here.

 

[Thinking]

What makes you think I am ever going to settle in India?

In fact my entire argument is only this : Buying real estate in India is foolish because Indian real estate and infra sucks really bad and have very little value for the inflated prices that are so much prevelent in India.

Anyone with even half way decent money (like 2-3 million) is finding a way out of India or at the very least trying to settle his or her kids abroad.

Do not believe me? Look at emigration numbers of India.

What are you even debating about? You live in a frozen tundra. FFS, this thread was about someone returning back to India. I spent 14 years in US, came back to India, switched career and settled in a small place. India is India. We all make choices as we see fit.

India has 140 crore people. Indian immigration numbers are pittance compared to actual number of well off people in this country, nevermind the reality that majority of those "fleeing" India are lower middle class or poor. China has higher number of rich fleeing China.

You don't need to justify why you are staying in a frozen country.

 

[AjayGhatak]

What are you even debating about? You live in a frozen tundra. FFS, this thread was about someone returning back to India. I spent 14 years in US, came back to India, switched career and settled in a small place. India is India. We all make choices as we see fit.

The point was simple : Buying real estate in India is not a wise decision. Its extremely expensive for the quality of infrastructure and quality of life you get out of it. A half way decent home in Banglaore costs 1.6 million canadian dollars (10 crore rupees) and the value you get out of is meager. Thats it.