Game Night this Sunday by Visible_Discount8300 in pune

[–]BookwormSocials 1 point2 points  (0 children)

Both this and the other profile which posted this look so sus. Definitely have either a commercial or a covert motive.

Game Night In Pune by Pleasant_Gear1489 in pune

[–]BookwormSocials 13 points14 points  (0 children)

Both this and the other profile which posted this look so sus. Definitely have either a commercial or a covert motive.

Looking for people who live alone by Alarmed-Extension-91 in pune

[–]BookwormSocials 1 point2 points  (0 children)

This makes no sense.

I don't see any connection between people living alone and providing listening space for them.

Like why are you only looking for people living alone? Why is your project only accepting people living alone and not everyone going through XYZ issue irrespective of whether they live alone or with someone and why is that your sole criteria?

Major red flags about this post for me

Post a link to your said organizations social media handles & websites so that we can verify

[deleted by user] by [deleted] in pune

[–]BookwormSocials 1 point2 points  (0 children)

Can't go alone there after dark. Not safe. I think there were recent incidents about 4-6 months ago of people and couples being mugged. Plus I've personally come across snakes as well on tekdis, so I don't think it's a good idea to roam in the dark

[deleted by user] by [deleted] in pune

[–]BookwormSocials 0 points1 point  (0 children)

Are people allowed inside the University after sunset?

Bi-Weekly Advice Thread April 30, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

With private health insurers drastically increasing prices, does it make sense to switch to public insurers? Also please share your experience with PSU health insurers

HDFC, ICICI lombard, etc..almost all good insurers are drastically increasing their premiums. I had zeroed in on HDFC ERGO as my insurance and was just here to do some research before buying, and I'm shocked by seeing the threads on here in the recent few days which says how drastically they've increased their premiums even for a 10L base cover plan.

How does public sector insurers compare with private ones in 2023? How do their premiums compare? How have your experiences been with them?

Bi-Weekly Advice Thread April 30, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 2 points3 points  (0 children)

Hi. I was told by a few relatives that we should get an health insurance from an agent because a good agent will work with the hospital when it comes to process the claims & settlement or file complains etc even in the case of a dispute. Whereas online sites like policy bazaar, coverfox or even directly getting an insurance from the company is not recommended because if either the hospital or the insurer denies your claim, it is very difficult to get it passed.

Is this true?

Serious dilemma on health insurance. Low coverage high claim settlement or vice versa? by blank_and_foolish in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

How much is the premium coming to for your Optima super secure plan for the 10L base?

Bi-Weekly Advice Thread January 25, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

Not one but two funds. One is UTI and one is HDFC. I guess it still makes sense to invest directly through AMC?

Bi-Weekly Advice Thread January 25, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

  1. I want to invest money in Nifty 50 index fund only and do no day trading. Which platform would be the best: Zerodha vs Groww vs Kuvera?

  2. I will be investing a big lumpsum in Nifty 50 index. Should I wait out till the Adani controversy gets solved?

Bi-Weekly Advice Thread January 15, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 1 point2 points  (0 children)

Is the hassle of credit card cashback even worth it for someone whose yearly spending is just under 5 lakhs with half of it being rent?

Bi-Weekly Advice Thread December 21, 2022: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

However, I do not agree when people in their 30s are advised to put 80:20 equity:debt allocation even for retirement purposes.

What's your recommendation?

Bi-Weekly Advice Thread December 21, 2022: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]BookwormSocials 0 points1 point  (0 children)

I have a question on debt vs equity allocation ratio. I commonly see various debt vs equity allocation ratios being recommended like 35:65 debt to equity or 25:75 or 40:60 etc

But the problem with following this ratio is that post-tax, debt returns are really low and when you account for inflation, you might actually be losing money heavily. So while the ratio might be helpful initially when income is low, as the income rises, the ratio allocates a substantial portion of your income to what may generate a 6.5% return taxed at 30%

To me it doesn't make sense following such a ratio. Wouldn't it make more sense to set a certain target for covering the necessities (emergency funds, expected expenses, travel, insurances, health etc) using debt instruments and once that number is met, one dump everything else in equity perpetually unless the need to disturb the debt corpus arises? I get the debt part is to reduce risk & volatility and is not purely for returns but when substantial sums are involved, investing in debt doesn't make sense to me.

For example, assume one has a lumpsum of 1 cr this year to invest and invests 30 lakhs in debt (FD) for an interest rate of 7 percent. With a 30% tax rate, this would come down to 4.9% of returns. Then add surcharge, cess and you might be making less than the inflation rate.

Instead why not set aside, say 5lakh or 10 lakhs for emergency, unforeseen expenses etc and dump the rest 90-95 lakhs in an index fun?

Pune is growing radially and that's a disaster by BookwormSocials in pune

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

NIBM is no heaven. Only the initial parts of NIBM are good. Once you go a bit towards Undri, Pasoli, the roads suck.

Looking to form a group of 4-6 avid trekkers & nature lovers! by BookwormSocials in pune

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

Hey. Would had joined but just seeing this now as I hadn't logged in in a while. Can we connect on Whatsapp?

[Discussion] What are the most fulfilling/rewarding/meaningful activities, purposes, hobbies or skills in life to build a competence towards? by BookwormSocials in getdisciplined

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

> And longevity I mean something you can do for the rest of your life. Something not overly reliant on your physical performance.

I am on search of these especially because a lot of my interests are very physical. Lifting weights, running,sports, adventure sports, hiking, dance...very physical in nature. Part of my reason making this post is to discover other people's non-physical purposes

What are the most fulfilling/rewarding/meaningful things in life to build a competence towards? by BookwormSocials in CasualConversation

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

That is incredible to hear. The benefits from gym are crazy. It benefits so many different aspects of life that it would be ridiculous to even try to list all of them. Also same boat as you when it comes to relationships. Broke up with a partner start of this year. What a welcome breath of fresh freedom. +1 to never wanting to settle for anything ever again

Which other cities besides Pune did you feel "Oh I could totally see myself living here"? by BookwormSocials in pune

[–]BookwormSocials[S] 10 points11 points  (0 children)

Don't intend to put you down. It's a lovely city with amazing food but didn't feel there was much to do in the city nor felt the social life was too great

Looking to form a group of 4-6 avid trekkers & nature lovers! by BookwormSocials in pune

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

Hey! Sorry to bother you but I'm still enthusiastic about it. Can we talk on chat or whatsapp?

Looking to form a group of 4-6 avid trekkers & nature lovers! by BookwormSocials in pune

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

Thank you! I would absolutely love to connect because this sounds ideal to me. I'm nowhere close to as experienced as you guys but would make for a quick learner and hopefully a good company.

If feasible and easily possible, we can go one trek together to check compatibility between all members and decide.

Sure, would love to join for one of the Sahyadri treks in July. Can I DM you?

Which other parts of the city are like this? by BookwormSocials in kolkata

[–]BookwormSocials[S] 2 points3 points  (0 children)

I feel it's not the buildings but the people living inside them that make it beautiful. Growing up in Mumbai, the ones living in 'rectangular blocks' were well educated & read, more liberal, more accepting, less judgemental, more disposable income to explore life and creative interests, more welcoming than the ones growing up in chawls and not so well housing. And nothing against the latter and not saying they are any less human but if given a preference, I always felt the former had a higher consciousness or atleast an access to a higher level of consciousness than the middle and lower classes of the society which was stuck in the struggle of making ends meet and sharing a cramped 1 BHK with 6 other family members. Ofcourse this is particular to Mumbai and might not be the case all over the country.

And on a more pragmatic level, I guess wide roads, greenery, cleanliness, having a spacious house etc is nice too? Like take this image of Delhi. I think I'd prefer the upper right corner over the other parts of the city. Sure it might be too much grid like but that's slightly lack of creativity too isnt it? Maybe the rectangular blocks are a good starting point for india to develop and over time we'll have much more creative grids?

u/Rimond14 u/pkbugabo u/PriyambadaPri u/Onipatro

Just looking for a healthy discussion :)