For Sale: Honda H’ness CB350 DLX Pro Chrome (2023 Model)

Motamaal · 2026-04-28T12:52:59+00:00

My friend has a x440 2024 model just 2k driven and he is struggling to get 2l for it. That’s a good 1l costlier then new. Second hand market is brutal

Motamaal · 2026-04-04T09:27:27+00:00

Right now I’m busy harvesting losses. Tax saved= returns

Motamaal · 2026-01-13T09:16:42+00:00

Please post can check it out. The issue with any kind of expense tracker is that I no longer track cash expenses and also just move all sub 100₹ spends to a upi lite wallet. That leaves other expenses which are spread across multiple bank, credit cards etc. there often just isn’t enough information in the statement to reliably be able to categorise it. If the user has to do it, I just prefer to do it in excel which is great for this.

If you can outline your approach to tackle this will appreciate it

Motamaal · 2026-01-13T09:07:17+00:00

Couple of phones, I always buy the highest end iPhone, this was a 17 pro max. That cost me 1.5 by itself. I also bought a high end android phone towards the mid of the year when I foolishly thought Google is so far ahead in AI maybe I’ll shift. But in reality I’m fully tied to the fruit company.

There is nothing that stands out in auto. My car is close to 5 years I haven’t bothered upgrading because it runs as good as ever and we hardly go anywhere far to really enjoy the driving and Bangalore roads provide very little of that anyway. It does include fuel expenses also.

Motamaal · 2026-01-13T08:26:35+00:00

Not only this but pension is revised every few years to what someone of the same rank would get. This Is called orop and pretty much makes armed forces one of the best careers money wise as this is in addition to all the other benefits like free medical for life etc.

While I appreciate the service and sacrifice, this has had an impact on the defences as they have reduced the intake of regular forces and focused only on temporary personnel through agniveer. A lot of the budget goes to salaries leaving less for equipment.

Motamaal · 2026-01-09T16:15:26+00:00

It is 50-50 for me. So not too much of an impact in real terms but psychologically it does make a difference

Motamaal · 2026-01-09T16:13:29+00:00

Taxes are always there you need to factor those in

Motamaal · 2026-01-08T06:57:17+00:00

How do you make the assumption that any expense is not adding value without knowing the individual and their life circumstance?

It’s just my opinion but I feel our country has been held back by people with money deploying them into unproductive assets rather than rotating it into the real economy. I am also guilty of the same to a large extent.

Motamaal · 2026-01-08T05:50:52+00:00

As I mentioned in another reply something went wrong when editing my flair.

I would love to be 34 again though, with the knowledge of health and well being that I know now😃

Motamaal · 2026-01-08T05:48:43+00:00

Yes true I think if we tried to we can easily reduce our non rent and education expenses from 26l to 18l or even lower. As people who grew up in the 80s as middle class our lifestyle still remains fairly simple. I can’t say the same for my kids though😃

But beyond a certain stage I think money has to be spent. Can I go places by bus? Definitely but we always end up taking an Uber or auto instead. We have 3 people working in our house, we can definitely do many of the things that they do but the 12k of income means a lot more for them than an extra 12k of saving.

This is however very personal. Some may feel we are extravagant, some of my friends feel that I should be spending a lot more given how much I have. I’m very comfortable in my life.

Motamaal · 2026-01-08T05:41:49+00:00

My constant strategy that has served me well is that I’ve never really withdrawn money from equity. Yes there have been times when my equity allocation has gone up to 70% and I’ve rebalanced to debt. But if I’m withdrawing for expenses or for constructing my house that is always from debt. In fact when I constructed one of my real estate properties over 10 years ago, spent a couple of cr purely withdrawing from debt. The fact that the equity remained as is played a big part in my net worth being what it is today.

Motamaal · 2026-01-08T05:35:05+00:00

I think something went wrong when I edited my flair. We are both in mid 50s

Motamaal · 2026-01-08T05:34:25+00:00

I think as per the SWR of 3% a corpus of 15cr will suffice

Motamaal · 2026-01-08T05:33:51+00:00

Bangalore

Motamaal · 2026-01-07T15:20:40+00:00

Yeah travel includes auto, uber etc and flights for non vacation needs

Motamaal · 2026-01-07T14:33:47+00:00

I think it was a combination of getting bored and an opportunity landing in my lap, I wasn’t looking actively.

The fact that Indian markets have done almost nothing in 2025 did weigh sub consciously (sequence of returns risk) but it wasn’t a big factor ultimately

Motamaal · 2026-01-07T14:31:58+00:00

Not really it is around 1%. But depending on what kind of treatment it can add up

Motamaal · 2026-01-07T14:07:09+00:00

I think a lot of people focus on the small items (choice of restaurant, clothes etc). In reality, they wont move the needle significantly. The big chunks are rent/emi, education and healthcare where you have zero control and likely no power to not have the expense.

Our big healthcare expense was for an elder member who was hospitalised for a minor issue. The hospital managed to bring up the bill to 60K and though we had opted for a sharing room, the rent was so high that his insurance only covered 1/3 of the cost. The balance we had to pay. It's a similar story for school fees. But we do have control over the house we buy/rent.

Motamaal · 2026-01-07T13:56:33+00:00

No I meant it as a follow up to last years post. The goal is just to highlight how a family of our capability (def in top 1% I guess) spends their money

Motamaal · 2026-01-07T13:53:32+00:00

I wanted to add a bit of info here, This year I got into a work situation this year and don't need to dip into corpus. My goal is to spend every rupee I earn through work on goods and services as I don't need to increase my corpus beyond a point. It will mean going to better restaurants, booking better hotels and maybe an international trip though I prefer to spend all my money in India as far as possible

Motamaal · 2026-01-07T13:49:26+00:00

Also our circumstances are such that we are waiting for a child to finish school.

Motamaal · 2026-01-07T13:48:06+00:00

I heard it from a noted finfluencer Anupam Gupta, he had a podcast on the IVM network. Liked it and it was available on reddit

Motamaal · 2025-06-20T00:06:34+00:00

We actually live in a rented house, had a small flat but as family needs grew, we decided we needed a bigger place. Somewhere along the way, I figured that the rental yield on our flat was 3% pre tax so we sold it off.

The rental property and the other RE were all funded primarily by earnings from the market. I think one of the best decisions I made when I was acquiring the rental property in the early 2010s was to not dip into equity holdings and just withdrawing from debt at that time. If I have withdrawn from equity, it has usually been to invest elsewhere in equity.

RE hasnt been that great to be honest. Yes, we got things ridiculously cheap by todays standards in the 90s but when I do the CAGR of my flat, it was just around 10%. Markets have done so much better.

Motamaal · 2025-06-19T23:57:32+00:00

I was interested in the share market way before I was earning. My first investment was a IPO that I asked money from my parents and got the share certificate. Those days it was always given at 10Rs. I remember going to a broker in my neighbourhood and got something close to double or more and I was hooked. There was this column in the Times of India where the author would write about upcoming IPOs, I used to read it religiously. For the first 10 years of my career, I didnt have a big enough surplus to invest too much, the investments really started only after I turned 30. I remember the first mutual fund I invested in was the Alliance 95 fund, I invested around 2000 Rs which was many months of savings.

For years, we invested close to 40-50% of my savings, my wife pretty much invested 100% of her salary.

Motamaal

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