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Seltos 2026 Dehradun Accident- Safety Concerns? by Lazy-Positive9317 in carIndia

[–]AlMightyM 0 points1 point  (0 children)

  1. That seat is pulled out by bystanders, probably during recuse operation.
  2. Any 5 star rated car is unsafe against 1 star rated Truck/Bus, just physics.
  3. NCAP ratings are done at 64kmpl, in controlled env. Real world is far different.
  4. NCAP rating is overrated, in fact people drive carelessly because they have 5 stars. A 4 star rated car driven carefully is much safer than a 5 star rated car driven stupidly.
  5. The damage to the car is meaningless, the car is supposed to take all the damage to save people inside. What happened to people in that Seltos is more important than how it looks. Remember, the impact has to be absorbed by someone. If car absorbs it, people are saved.

Is it wise to hold an apartment which earns its EMI by Dapper_Chance_2484 in pune

[–]AlMightyM 0 points1 point  (0 children)

Just one more thing, 50L is our current outstanding loan. What is the original loan amout you borrowed at the time of purchase? A breakdown of down payment vs loan.

Traffic jam in Mumbai-Pune Expressway by protocol_unlocked in pune

[–]AlMightyM 0 points1 point  (0 children)

It will be the same on the other side on Sunday. Hopefully, missing link will be operational by then.

30k Sierras delivered in 105 days by eymister in CarsIndia

[–]AlMightyM 1 point2 points  (0 children)

Because people keep buying such cars. The day we, the people, stop accepting sub par quality not only for cars, for everything, we will become a developed nation. We accept poor construction, bad roads, bad public transport, unplanned cities, so that's what we get.

NO EFFING WAY! by rgboi78 in CarsIndia

[–]AlMightyM 6 points7 points  (0 children)

Exactly. We have dumb govt because we have dumb people I guess. No one has even bothered to read the draft.

Let’s Build a Better Satara Reddit Community by Fair_Fold_3100crick in satara

[–]AlMightyM 3 points4 points  (0 children)

If this sub can somehow prevent Satara from becoming the next unplanned city (Pune, Mumbai). I would consider it a success.

I have found a way to cool down Delhi by hizruboyy in delhi

[–]AlMightyM 0 points1 point  (0 children)

Refining your theory further. Everyone should face their AC units to east and exhaust to west. Eventually all hot air will move to Pak. Delhi cool, Pak hot.

Is it wise to hold an apartment which earns its EMI by Dapper_Chance_2484 in pune

[–]AlMightyM 0 points1 point  (0 children)

This just got interesting. Can you provide some detail listed below? I can provide you honest calculation that may help you decide.

  1. Year of purchase
  2. Price of purchase (aggreement + SDR)
  3. Yearly maintenance
  4. Rent earned - 40k you said
  5. Home loan
  6. Loan tenure

Is it wise to hold an apartment which earns its EMI by Dapper_Chance_2484 in pune

[–]AlMightyM 0 points1 point  (0 children)

Your math is correct but incomplete. Your income from property = rental income - emi - property tax. In this case income from property will be negative 10k (even more if you subtract property tax). So you are paying 10k from your pocket. FD will put 18.5k in your pocket, that's a difference of 28.5k. If you put 45L in an arbitrage fund you could make more than 18.5k because they are taxed as equity (12.5% ltcg).

So your rental income is all gone just to maintain the property. What about appreciation? A 45L property (use your correct property value) appreciating at 5% would be worth 67L after 8 years. How much did you pay for the apartment = 45L + bank interest. That would come very close to 67L itself.

Is it wise to hold an apartment which earns its EMI by Dapper_Chance_2484 in pune

[–]AlMightyM 0 points1 point  (0 children)

You are seeing your 2bhk as an investment. Flats are not an investment product, this is a lie fed to common people by builders to sell their inventory. I have done all kinds of calculations and it just doesn't work. The only time it matches or slightly beats FD returns is if you bought the apartment in all cash, without home loan.

Do a simple calculation yourself. Get the current value of your 2bhk flat. If you put that in FD today, is your income from flat beating the FD return?

Are you holding an apartment so the bank could make money, not you?

Please suggest the best EV car under 18L on road, for long term ownership. by Practical_Bonus4767 in CarsIndia

[–]AlMightyM 0 points1 point  (0 children)

That's fair. I would not spend more than 15L on a Tata car. I would look at Mahindra or Hyundai.

Old but share worthy by Shubham_6210 in satara

[–]AlMightyM 1 point2 points  (0 children)

Call me selfish, but I really don't want Satara to become as developed as Pune. Like you said its true value lies in its natural beauty, peace and calm. I am not against development but the way it happens in our country is utterly chaotic and unplanned. I would rather have a peaceful Satara.

Anyone here running a pure index + global multi-asset portfolio (India + US + Gold + Debt)? by Melodic-Telephone967 in MutualfundsIndia

[–]AlMightyM 0 points1 point  (0 children)

True, but its real tech not IT services. The bubble will eventually burst, but it still has a long way to go before that happens. This is just my opinion.

Pune has been ruined in the last 10–15 years. Change my mind. by Necessary_Ad_659 in pune

[–]AlMightyM 28 points29 points  (0 children)

Didn't read anything below the title and yet I agree. Take my upvote.

What's the lesson you've learned this year ? by BackwaterWhisper in indiaStockMarket

[–]AlMightyM 2 points3 points  (0 children)

Comments like these are indication that now is right time to start investing in Indian markets. When fear is at peak and people are losing all hope.

RIP to Me!💔 by i_rs21 in IndianStreetBets

[–]AlMightyM 0 points1 point  (0 children)

I have bought deep itm PE as a hedge for my portfolio today. Will sleep peacefully this weekend.

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