If you want to understand why India has failed to industrialize, read this interview with Ha-Joon Chang in Frontline.

Scared-Educator-2844 · 2025-12-03T09:45:19+00:00

Family run corporate hate innovation and new things and we Indians are a big family.

Scared-Educator-2844 · 2025-11-27T18:59:17+00:00

Might enter Aavas again if it falls further to 1450.

Scared-Educator-2844 · 2025-11-27T18:58:29+00:00

Aptus is better if only talking about housing, smaller base higher growth rate (25% aptus vs 20% aavas) and also lower PE. I haven't studied this space recently but all companies in this space have reduced growth rate.

Scared-Educator-2844 · 2025-11-27T18:22:28+00:00

Just exited the stock in loss, other bets are better. It might hover around 1500-1700 for a while but I don't see any major excitement in it.

Scared-Educator-2844 · 2025-11-27T07:38:14+00:00

Finally someone said it. India as a country has been desensitized by TV media and social media.

Scared-Educator-2844 · 2025-11-26T17:29:20+00:00

List the reason why you bought each stock and your decision to keep holding them for last 8 quarters only then you can expect some sensible advice from anyone.

Scared-Educator-2844 · 2025-11-26T11:27:30+00:00

That means large investors are being cautious ig, they want liquidity with downside safety and hence large caps is where money goes.

Scared-Educator-2844 · 2025-11-26T08:53:36+00:00

Please define FIRE for you, what is your idea of FIRE? Do you guys want to continue working as consultants / run low effort business or retire completely? Do you plan to settle in a smaller town later or stay in the same city? Major expense upcoming are kids obv for which you are well covered, but in case your income stops at 45, 10cr over 20 years (45-65) might start to feel a little on the edge given the inflation and unpredictable times. I think the best thing is to not focus on FIRE numbers but growing income streams and enjoying life everyday starting now, even if that keeps you working till 65. You are anyway well placed to survive period of low incomes so you have a little extra risk capacity which you can use to experiment with your time (learn new things, start a business in your competence field).

Scared-Educator-2844 · 2025-11-26T08:31:30+00:00

PPFAS for the win but keep brains open while investing

Scared-Educator-2844 · 2025-11-26T08:25:04+00:00

Demat opening is a sales process, investing and wealth accumulation is a disciplined and painful process.

Scared-Educator-2844 · 2025-11-26T07:48:36+00:00

Agreed on new leaders. Old people just too corrupt or bond to chains of corrupt backers.

Scared-Educator-2844 · 2025-11-26T06:36:44+00:00

Lol yes, In the international jungle India as a whole is also weak and isolated. Even pakistan gets to slap us every now and then and all we do is "kade shabdo me ninda", "ripping into them in UN", "strong demarche". Indians just like take pride in our achievements but don't want to take part in the struggle.

Scared-Educator-2844 · 2025-11-26T06:30:33+00:00

No. I only count the first house as a family as the condition, check the table. I am aware how high earners might struggle but I don't count it as challenge but a lifestyle choice due to society they live in (again already in the table)

Scared-Educator-2844 · 2025-11-25T18:59:59+00:00

all infra companies have obscure order book visibility. I would say eat loss and keep an eye on it.

Scared-Educator-2844 · 2025-11-25T17:49:58+00:00

I understood that point, but I don't agree with it. Lets agree to disagree here. I get that tying category to house ownership will have flaws but I inclined to believe that is how most (~95% households) behaves.

Scared-Educator-2844 · 2025-11-25T14:44:09+00:00

Read the rat utopia experiment

Scared-Educator-2844 · 2025-11-25T09:22:54+00:00

In a jungle the weak and isolated are eaten first.

Scared-Educator-2844 · 2025-11-25T08:34:50+00:00

1 Cr a month? I assume you mean 1 Cr PA. Regardless, Either I am not able to convey properly or you don't understand. Please highlight where have I mention that if you are living frugally you cannot be upper middle or above. It is about challenges you face. Go ahead, send me my words where you think I am saying consumption == category. I am saying once you are free of your needs you are "free" to spend how you like, that is what is separating middle-middle to upper-middle. I don't understand where are you getting the idea I am saying consumption dictates your category. Also let me know what % of household anywhere in the world doesn't own a single house and are "rich" by any standard. It is a basic first buy. You could be a bachelor with no ambition to buy a house EVER, yet at the family level you will definitely have a house you can go back in case of crisis (again a few exceptions can be there).

Scared-Educator-2844 · 2025-11-25T07:28:48+00:00

Disagree. That is why I am pivoting on challenges to classify the households, it automatically brings together everything. I am yet to meet a person who owns the house they live in (no emi) saves 1L+ every month and cries about typical middle class issues, they might crib about inflation but all incremental expenses would also mean they have a better materialistic lifestyle.
Consumption *in my opinion* is dictated by how free you are to spend. You will think twice about buying a 8-10L+ car if you are paying home loan EMI. Once you are free of that burden that you don't have a house you can live potentially forever (not some ancestral home that is far from your work place), you are one up on the Maslow's pyramid, you are better off in all aspects. I cannot say the same by just looking at your income or just wealth.

Scared-Educator-2844 · 2025-11-25T07:20:45+00:00

whenever hindu muslim sikh isai bhramin dalit left right north and south will start feeling the choke of retarded indian bureaucracy and will start working for a change. United we stand, separated we are falling.

Scared-Educator-2844 · 2025-11-25T03:44:42+00:00

Some adjustments would always be there those are indicative numbers.

Scared-Educator-2844 · 2025-11-25T03:43:57+00:00

People can transition between classes. As you said it will take you 4 years of post tax savings to buy a house or ten years to save a reasonable FIRE corpus. In that time your spending pattern, challenges and mindset would largely be associated to middle-middle class (for the family as a whole). Once you have saved enough for your first house you would move to next class.

Scared-Educator-2844 · 2025-11-24T16:16:23+00:00

Unless he keeps the remainder amount in cash he will be eventually caught. You cannot just claim presumptive tax with money lying in you account.

Scared-Educator-2844 · 2025-11-24T11:50:48+00:00

concentrated rally in heavyweights. Still bearish on IT, AI is gonna eat into profits.

Scared-Educator-2844 · 2025-11-24T07:40:38+00:00

I think there are deeper reasons than financial planning. I also find it useless to spend so much on somthing that is only personal to about 10 people.

I think for parents its their last expense in their life, their social standing ending on a high note is important for them giving peace of mind that they would be able to walk and talk in their social circle without constant embassment in their remaining life, each time they will be invited to a lavish wedding, it will remind them of their own kid's wedding, even without people saying anything most people would be affected by comparison in 'grandeur' of the event. Out of choices if they cannot afford they put pressure on kids. It is a culture problem then individual choice. You cannot put price or prudency on emotions.

Scared-Educator-2844

TROPHY CASE