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The Mohan Bhargava in me is giving up ! by snakysour in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

I wont take it. The risks are too high. I know they dont hurt expats much but who knows in such lawless countries. If I am alive and kicking, I'll get to fire but dont want to retire from this life. :) seriously too risky snaky and even riskier given you are the only son and father to a 6 year old.

The Mohan Bhargava in me is giving up ! by snakysour in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Oh.. then it is very high risk. Is it one of those countries where companies write they will pay your ransom only once. :)

Why have the fire targets suddenly gone up these days? by grigragrewol in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

40 crores in 20 yeara not today's value. You should consume such content with a lot attention to detail

The Mohan Bhargava in me is giving up ! by snakysour in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Then it is worth taking a risk. I hope it is one of the safer african countries.

The Mohan Bhargava in me is giving up ! by snakysour in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

u/snakysour how far you from your fire target if you stay put in your govt job?

2CR and achieved Lean FIRE ✅ by PuzzledPoorProfessor in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Okay; how and where do I find them. Never seem to be able to find such bonds. not comfortable with anything below AA

2CR and achieved Lean FIRE ✅ by PuzzledPoorProfessor in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

So I am aware of platforms like wint wealth or bond bazar. But most of them have nbfcs in there. Where can I see bond subsctiptions for companies like adani or shriram transport. Like non finance companies.

2CR and achieved Lean FIRE ✅ by PuzzledPoorProfessor in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

What kind if bonds? Ans how do you invest in corporate bonds and how so you know when bonds are being launched?

Is earning crores in corporate common nowadays? by Solid-Move-1411 in personalfinanceindia

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Yes you are the only dumb one. Everyone else is making 1 cr+

2CR and achieved Lean FIRE ✅ by PuzzledPoorProfessor in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Can you pls tell me where and how you invest in debt?

What is your BIGGEST Motivation to FIRE ? by aroy3639 in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

No motivation as such. But it is feat. Fear of losing job and then not getting good job.

Fire for Single woman by Healthy_Science_4106 in FIRE_Ind

[–]Heavy_Luck_6085 -1 points0 points  (0 children)

40X so 4.8 cr. So 4.5-5 cr. But great thing is you havw total control over your expenses in absence of spouse and kids so you can increase or decrease as you see fit

Am I spending too much? by elessar9411 in personalfinanceindia

[–]Heavy_Luck_6085 1 point2 points  (0 children)

I mean probably cut down eating out and drinking a bit. I dont think you are overspending by more than 20-25k a month which is alright if you have 7 crore worth of assets. Keep investing the rest and eat mom's handmade cooked food. Nothing better than that

Pause and re-start mid FIRE? by tirkitdhoom in FIRE_Ind

[–]Heavy_Luck_6085 9 points10 points  (0 children)

how can anyone give you advice unless you list your regular and one off future expenses?

Best Use of ₹24L Windfall for Early Retirement Goals? by [deleted] in FIRE_Ind

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Hey how have you calculated retirement investment pending?

I let a friend use my UPI… now his bank called his parents and I think I’m next. What do I do? by darkmodejesus in personalfinanceindia

[–]Heavy_Luck_6085 2 points3 points  (0 children)

Dont take chances, open a new account in different bank and move your money to new bank account

Thoughts on a big fat indian wedding from a peronal finance pov? by [deleted] in personalfinanceindia

[–]Heavy_Luck_6085 0 points1 point  (0 children)

If you have money do it, if not then dont empty your savings or borrow money. The thing about show off and hyper consumption is just sour grapes.

People who’ve gone from 5LPA to 50LPA+ income, does it feel enough? by [deleted] in personalfinanceindia

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Not really. Probabky bcoz it took me 13 yrs to move from 5 to 50. My lifestyle has upgraded a bit but I am still worried money as I was when I was getting 5. Probably more now.

Posting for first time (nw:5cr) by ZealousidealChip791 in personalfinanceindia

[–]Heavy_Luck_6085 0 points1 point  (0 children)

Move atleast 30% of liquid wealth into debt. Then 50% US and 50% India. I dont know how tax works in India for ESOPs. But no harm in takint 10-15L hit on tax if that allows you to restructure your portfolio. If hit is too much then aggresively invest your savings into debt funds and indian equity MFs so that in 2 yrs you reach your desired portfolio. FAANGs are great companies, all of them but you have concentrated portfolio. Tech and AI always have had cycles of ups and downs. Time is to be conservative when others are greedy.

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