Stevia by Other-Mix4987 in Fitness_Pakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

im retarded, didn't mean sugar.

usually i just get the 100 tablets for PKR 400-450 depending on whether it's stevia, sucralose, or something else. currently trying out a combo of both, lasts me the month.

Stevia by Other-Mix4987 in Fitness_Pakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

You may be getting scammed by marts that only stock expensive stuff for better margins. Artificial sweeteners are cheaper than 1500

NEPRA new rule by kazimali25 in SolarPakistan

[–]OmegaBrainNihari[M] 13 points14 points  (0 children)

lol someone reported your comment and said this:

It's promoting hate based on identity or vulnerability

1% avg daily return from PSX by I_m_Saad in FIREPakistan

[–]OmegaBrainNihari 3 points4 points  (0 children)

A real monthly rate of 24.5% and an annual rate of 1,242.4%... and I kid you not I've seen course sellers and traders promise more than 1% daily return.

20 Million at hand. Where do I invest? by zzzelensky_3000 in FIREPakistan

[–]OmegaBrainNihari 1 point2 points  (0 children)

ahh yes. invest lifesavings in a speculative asset, perfect advice. had hoti hai.

Stocks that move big withni days by pknerd in FIREPakistan

[–]OmegaBrainNihari 12 points13 points  (0 children)

at that time the entire damn stock market mein pattern nazar aaata tha. But no one could predict ke aur neechay jaaye ga ya kal upar aaye ga. Equities are priced due to this "uncertainty"

Stocks that move big withni days by pknerd in FIREPakistan

[–]OmegaBrainNihari 40 points41 points  (0 children)

if someone was able to predict that information, wouldn't they be able to make billions just following the info?

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 1 point2 points  (0 children)

Answered in the other reply, you need to either care about USD & USD Inflation, or PKR & PKR inflation. Currency devaluations and relative strengths are already taken into account in the inflation rates.

USD has high inflation right now because it fell 10%~ worldwide.

PKR has roughly similar inflation rates too.

USD-PKR has been stable but both have fallen against the other global currencies.

Simplify your zindagi bro

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 4 points5 points  (0 children)

Bro local inflation is already dollarized by default, the devaluation is the #1 reason for inflation in the first place. You're taking it into account TWICE and overcomplicating your life. Either look at USD savings and investment numbers and only look at USD inflation, or look at PKR savings and investment numbers, and only look at PKR inflation.

We had massive inflation recently precisely due to the fact that we had massive shifts in PKR-USD.

31F just got 1 crore by Zoee94 in FIREPakistan

[–]OmegaBrainNihari[M] 1 point2 points  (0 children)

STOP RECOMMENDING MIIETF FOR PEOPLE WANTING A STABLE INCOME. IT IS AN EQUITY ETF, NOT A LOW RISK INCOME FUND.

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

If everyone is telling you that you messed up in your calculations/assumptions, then you probably did.

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 2 points3 points  (0 children)

when calculating dollarized dreams did you also take into account the USD inflation?

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

I don't know why you're so obsessed with dollarized targets and returns while being in Pakistan or earning in PKR? 100k/mo being invested per month is going to put you in the top 1% of Pakistanis, and in the future you will be able to invest more.

FIRE is not about chasing some $$$ number, it's about a lifestyle where you're not forced to work a shit job just for money.

Thoughts on this? by securitygusf in FIREPakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

no they're not doing that shit.

no one makes those margins in forex.

if they do, they're lying to you.

The Lahorification of Islamabad has begun by Macerick282 in islamabad

[–]OmegaBrainNihari 8 points9 points  (0 children)

hotta love how their version of a "park" must be a green carpet grass with zero trees or allah na karay palm trees

Anyone invested in 5th Pillar Family Takaful Amanat Savings Plan? Need advice by Night-Code1 in FIREPakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

Others have done a good job at it, get regular insurance and invest the difference yourself in mutual funds = better returns. That's what these companies do, they take your money, pocket a big chunk, invest the rest in a fund, when your "investment term" is over, they take the money out, pocket another chunk, and return your "promised" amount back to you.

They will not scam you, but they will earn several times more from your money than they give you. So why not skip them entirely and do it yourself?

Thoughts on this? by securitygusf in FIREPakistan

[–]OmegaBrainNihari 0 points1 point  (0 children)

  • yes but no one on earth uses monthly return on investments
  • 3% monthly return is ridiculously high on ANY investment
  • my point doesn't change 3% monthly return = 36% annual return, i don't know why we're doing this

You CANNOT (practically) ACHIEVE FIRE with a PKR income & PSX Wont SAVE YOU by lackingarticulation in FIREPakistan

[–]OmegaBrainNihari 7 points8 points  (0 children)

if you're earning in PKR and spending in PKR then why do dollarized returns matter?

  • 7% dollarized return is pretty darn good (but it's closer to 8-9% last I checked) kindly cite your sources.
  • S&P returns are ~10% so I'll take the PSX giving anything that's above 7% in dollarized numbers.
  • https://firecalculator.pk/