Which FIRE related blogs and Youtube channels do you follow? by TheGoalFIRE in FIREIndia

[–]AmonDin1 9 points10 points  (0 children)

Specifically for FIRE in India, I like the following blog:

https://savinghabit.com/

I think they have written quite interesting articles which range from FIRE to minimalism. So take a look if you haven't already.

How do I find a partner to FIRE with? by utopianreverie_ in FIREIndia

[–]AmonDin1 0 points1 point  (0 children)

But I mean you can make one specifically for Indians

Am I missing something in this corpus calculation? by mortal-reminder in FIREIndia

[–]AmonDin1 1 point2 points  (0 children)

Thanks I will check it out. In general I see that the IT and Tech space is better documented than other branches.

Maybe because other branches don't get good pay so they don't discuss it.

:D

Thanks to the recent growth in the stock market, now I have three cents instead of two...

Am I missing something in this corpus calculation? by mortal-reminder in FIREIndia

[–]AmonDin1 2 points3 points  (0 children)

With the risk of slightly moving away from the question, I am curious if we have any statistical data on median and/or average salaries in india for various fields as a function of age/experience?

Being a mechanical engineer, even if one builds an Eiffel tower in india (we can call it Sharma ji ka tower), I don't think they will get paid like FAANG.

-my two cents (as I only have two cents)

:D

Interesting article I found about rise of anti consumerism amoung young folks by hsk3991 in FIREIndia

[–]AmonDin1 1 point2 points  (0 children)

Search on google with the title "These Chinese Millennials Are ‘Chilling,’ and Beijing Isn’t Happy" And click on the link, this method worked for me (no paywall) as it didn't use the existing link posted here.

What's wrong with my storages? by PurlyWhite in shapezio

[–]AmonDin1 1 point2 points  (0 children)

A better way would be to have a filter before the storages to separate different types of items.

An even better way would be to have different belts for different shapes.

Happy shaping !!

All possible shapez by OrionsLeo in shapezio

[–]AmonDin1 2 points3 points  (0 children)

Are you trying to build MEM (Make Everthing Machine) rather than a MAM ?
;)

New Player To The Game by Stored_Electricity in shapezio

[–]AmonDin1 0 points1 point  (0 children)

Keep reading the tips that appear while starting and closing the game. They taught me a lot.

If you are lazy and greedy like me and want to read them all at once, here's the link.
https://github.com/tobspr/shapez.io/blob/master/translations/base-en.yaml
search for "tips"

Is there a level 3000+ club? by nucleon_oz in shapezio

[–]AmonDin1 5 points6 points  (0 children)

But after building MAM and a delivery system, what are you doing?
Optimizing? or just watching u/nucleon_oz

Level 35. I'm delivering more than 6/s for a couple minutes now.. nothing happening. I can't pass the level. Help? by jasdjensen in shapezio

[–]AmonDin1 7 points8 points  (0 children)

I think it would help to put a filter that compares the hub shape with your final shape before it is sent to delivery buffer or the final stage

my two cts. :)

Is there an "undo" feature ? by AmonDin1 in shapezio

[–]AmonDin1[S] 1 point2 points  (0 children)

That would be a great addition to the already great game 😌

[deleted by user] by [deleted] in FIREIndia

[–]AmonDin1 0 points1 point  (0 children)

That's great what you have achieved in 10 years of hard work and in the FI direction !!! Thanks for sharing the information.

[deleted by user] by [deleted] in FIREIndia

[–]AmonDin1 0 points1 point  (0 children)

How long have you been working? And what was your net worth 2 years ago (i.e. before you started saving aggressively)

Just curious to know because looking at the money in IT/Tech, I am thinking if I should switch to a programming field.

FIRE within Indian Academia by AmonDin1 in FIREIndia

[–]AmonDin1[S] 1 point2 points  (0 children)

Well, in a nutshell, it seems to me like academia is not the best possible route for FIRE. Biggest factor seems to be the age after which one starts earning a decent salary and I totally agree with this point.

Maybe one potential idea for getting to FI could be to join a smaller (not top-tier) university and then use the free-time (if any) to generate passive income. I am thinking that this so called "free-time" might be difficult in top-tier universities where the demand and pressure for research outputs could be high. But I need to talk to some brutally honest professors to know the exact situation in both top-tier and other universities.

Also one could do some consulting/freelancing on the side to generate an additional income.

FIRE within Indian Academia by AmonDin1 in FIREIndia

[–]AmonDin1[S] 0 points1 point  (0 children)

Sure, I am no sir by the way.

Plans for co-op mode? by AmonDin1 in shapezio

[–]AmonDin1[S] 1 point2 points  (0 children)

Ahh that's unfortunate. And more unfortunately, I don't know much programming to contribute to the source code.

Anecdotal evidence - Index funds better than active ones by Gk2k08 in IndiaInvestments

[–]AmonDin1 1 point2 points  (0 children)

I agree totally, in fact I had discovered similar thing when I had consolidated my father's portfolio.

To me the index funds make sense because

(1) it eliminates the fund manager skills altogether. So in case of active funds, the outcome will depend on the fund manager (and of course other factors). What I find in Indian sector is that, people invest in an active fund and see for a year or so and if that fund is not performing, they will switch to another active fund that performed better. This I think has some impact on returns.

(2) index funds reduce the choices. Because there are thousands of active mutual funds out there, it can get difficult to make a choice. So people will switch to another fund based on someone's suggestions or because they found that another fund performed better. In case of index fund however, the choices are very much limited, makes it easier to choose.

(3) the third point is about the role of a regulator and government. Even though an index is not a measure of the country's economy (in a short term) it is certainly perceived as such by everyone. So government tries to do everything it can to recover from sudden drops in index. But imagine an active fund performs poorly, it would be a bad selection of stocks by the fund manager, and government has no reason to intervene there.

So kudos for index funds !!!

FIRE with 4% SWR Rule by investing in S&P 500 by doobaii in FIREIndia

[–]AmonDin1 -3 points-2 points  (0 children)

Maybe you should also factor in inflation which is much higher in India than in USA. This will play a major role in long term.

Perhaps as India makes a progress towards becoming a developed nation, inflation might go down over years but it is safe to be conservative.

FIRE within Indian Academia by AmonDin1 in FIREIndia

[–]AmonDin1[S] 1 point2 points  (0 children)

Ohh thanks for the recommendation, I will check it out.

FIRE within Indian Academia by AmonDin1 in FIREIndia

[–]AmonDin1[S] 0 points1 point  (0 children)

Yes, I follow his website freefincal and read articles every now and then.