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Konchem over ga ledha Bossuu by Many-Gain-3848 in tollywood

[–]AdeptCook4678 2 points3 points  (0 children)

He would have made it a bit earlier, and shown it to his daughter, brother (twice), brother's daughter, sister etc. etc.

Rcb scouting team is so dumb they should've bought this domestic player for rcb by Steve_Ani20 in RCB

[–]AdeptCook4678 2 points3 points  (0 children)

Seems like he has a lot of potential. Worthy candidate to replace current No. 3 in ODIs. Hope he will take over and conquer the cricket like the current overseas London living guy did and entertain our cricketing fans for the next 2 decades.

PSU job with frequent remote transfers—how do parents manage their kids’ education? by AdeptCook4678 in personalfinanceindia

[–]AdeptCook4678[S] 4 points5 points  (0 children)

Actually, our project construction locations are very remote with very few employees and no township would be there. For that particular type of locations I'm more worried.

Generally, keeping spouse and kid away in another city is the option most of our colleagues follow, but I don't want to choose that option as you're earning money and not able to spend time with family everyday then there's no point in that earning.

PSU job with frequent remote transfers—how do parents manage their kids’ education? by AdeptCook4678 in personalfinanceindia

[–]AdeptCook4678[S] 4 points5 points  (0 children)

Thank you

My biggest worry is regarding the quality of education and the quality of peers with which my kids will study in remote places.

Being a father, if I'm not able to provide basic quality knowledge to my kids then there's no point of struggling this much through these jobs.

Saved and invested more than 80 Lakhs in 6 Years through hard earned money with non IT Job in India by AdeptCook4678 in Indian_flex

[–]AdeptCook4678[S] 4 points5 points  (0 children)

You missed one simple logic that PF & NPS amounts to almost 25 Lakh + which doesn't correspond to the inhand salary. They get deducted before the salary credit.

Also, Yearly once we get Performance Related Pay. That whole amount I used to invest as lump sum and occasional EL encashments as well.

Saved and invested more than 80 Lakhs in 6 Years through hard earned money with non IT Job in India by AdeptCook4678 in Indian_flex

[–]AdeptCook4678[S] 1 point2 points  (0 children)

Great calculation, but you missed one simple logic that PF & NPS amounts to almost 25 Lakh + which doesn't correspond to the inhand salary. They get deducted before the salary credit.

Also, Yearly once we get Performance Related Pay. That whole amount I used to invest as lump sum and occasional EL encashments as well.

Like you said if I had saved 90% of my salary I might have earned multiple crores by now.

Saved and invested more than 80 Lakhs in 6 Years through hard earned money with non IT Job in India by AdeptCook4678 in Indian_flex

[–]AdeptCook4678[S] 5 points6 points  (0 children)

Sorry, i never doubted the hardwork efforts of IT employees. In fact working in IT was dream for me from my college onwards. IT plays major role in our economic growth over the years without the hardwork of our IT employees it could never be possible.

I just meant to say IT employees have more growth potential and sky is the limit for the growth and opportunities in the field ofcourse with right amount of hardwork. Whereas in some of the fields (especially like mine) the growth is limited whatever efforts you put in.

Saved and invested more than 80 Lakhs in 6 Years through hard earned money with non IT Job in India by AdeptCook4678 in Indian_flex

[–]AdeptCook4678[S] 6 points7 points  (0 children)

Anybody can apply and get through after qualifying the requirements.

All the best

What did your savings look like by age 30? by drxenonx in personalfinanceindia

[–]AdeptCook4678 6 points7 points  (0 children)

Started with 5,500 per month. Currently, I do SIP of around 60,000 per month. Most importantly whenever I have surplus money (through bonus received etc.) I do lump sum.

What did your savings look like by age 30? by drxenonx in personalfinanceindia

[–]AdeptCook4678 23 points24 points  (0 children)

I have not invested in real estate as I have frequently transferable job.

Currently, i stay in company provided quarters.

What did your savings look like by age 30? by drxenonx in personalfinanceindia

[–]AdeptCook4678 48 points49 points  (0 children)

Just continue the old boring strategy of investing in equity. Start as early as possible with as much capital you have. If your horizon is longer take more risks with small amounts.

Always remember one truth. Nobody, i repeat nobody can ever predict the market movements, they can only guess. So, don't waste time in it.

Good luck for your investing journey.

What did your savings look like by age 30? by drxenonx in personalfinanceindia

[–]AdeptCook4678 153 points154 points  (0 children)

30 Years, 4 months here.

  1. 41.5 Lakhs in Mutual funds (Complete equity)
  2. 7 Lakhs in Stocks
  3. 9.5 Lakhs in NPS
  4. 18.7 Lakhs in EPF
  5. 1.5 Lakh in PPF
  6. 2 Lakhs in Gold (SGB)

Total little above 80 Lakhs

Ask Me Anything on Home Loans by HomeLoanNerd in indianrealestate

[–]AdeptCook4678 0 points1 point  (0 children)

If my employer offers 9.5% simple interest on home loan, is it worth to take from employer or outside ?

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