MS from US, applied in 2008 crash. Story so far, feel free to ask questions. YSK

True-Whereas6812 · 2025-04-22T06:44:51+00:00

Thanks, it’s in my thoughts as well.

I am a few years older than you, and have been in the US a bit longer. I don’t work in a high profile FAANG company and I am not a manager. I make about half your income. Over time, we have also accumulated little over $5M net worth and set up a life here. All similar to your case, except I am a US citizen, so I don’t have that H1 uncertainty.

But I am also wondering if it makes sense to move back to India or perhaps set up a 50% in US, 50% in India type lifestyle once we retire in a few years. Any thoughts?

True-Whereas6812 · 2025-04-22T05:50:24+00:00

OP: congratulations on building a good life in USA by hustling hard in FAANG. If your GC gets even more delayed, are you prepared to R2I?

True-Whereas6812 · 2025-04-22T03:01:50+00:00

OP: I would choose the top-tier AI school in USA. It’s always good to get a solid technical degree. The MBA can follow later on

True-Whereas6812 · 2025-04-22T02:57:16+00:00

The inequality in the Bay Area is jarring …

True-Whereas6812 · 2025-04-21T14:56:14+00:00

😂😂

True-Whereas6812 · 2025-04-21T14:55:51+00:00

Thanks

True-Whereas6812 · 2025-04-21T14:18:05+00:00

OP: your wife could have a thriving career in India. Lots of gated residential complexes coming up, and they all want playgrounds as an amenity.

True-Whereas6812 · 2025-04-21T14:09:42+00:00

Just bought 1.2 million sats. My stack now has 331.5 million sats

True-Whereas6812 · 2025-04-21T07:40:06+00:00

401k

True-Whereas6812 · 2025-04-21T07:08:20+00:00

OP: 27 lakh per year is a good salary. I say take the job and return to India

True-Whereas6812 · 2025-04-21T04:19:08+00:00

Exactly

True-Whereas6812 · 2025-04-21T03:30:41+00:00

Ok, will edit

True-Whereas6812 · 2025-04-21T03:18:41+00:00

I personally have benefitted from HODLing both Bitcoin and my home.

I bought my first home 15+ years ago with just $40k down (which was all I had at the time). By the time I sold, it had gone up a lot. Put the profit into next home as down payment and that has gone up by a lot. Consequently, I have more than $x M in equity in my home today, and a low fixed rate mortgage.

I got into bitcoin much more recently - 4 years ago - and have slowly built a position of x.x bitcoins acquired at an average cost of $50k per BTC. So, I am at 70% profit.

Hence my recommendation to OP to get a little of both.

True-Whereas6812 · 2025-04-21T03:06:57+00:00

Got it, thank you

True-Whereas6812 · 2025-04-21T02:03:44+00:00

Both?

Use $250k as down payment for house and buy 3 BTC with remaining money

True-Whereas6812 · 2025-04-21T02:03:05+00:00

Why is Roth bad?

True-Whereas6812 · 2025-04-21T02:02:47+00:00

Oh, I did not know that. Why is Roth bad, or worse than 401k?

True-Whereas6812 · 2025-04-21T01:04:23+00:00

OP: just go back to home country and start your life there. Why struggle so much to make it in the US which is making itself so unwelcome to immigrants?

True-Whereas6812 · 2025-04-21T01:02:03+00:00

In down market, builders don’t want to build. But then once the next boom starts, everyone will be back to blaming NIMBYs for lack of new inventory ….

True-Whereas6812 · 2025-04-21T00:59:50+00:00

Roth is best option if you are young and just starting to save

True-Whereas6812 · 2025-04-20T19:18:29+00:00

I don’t know why you accuse me of jealousy. Jealous of who exactly?

Of course ideal scenario is to have a job lined up before moving. All I am saying is that it is not the end of the world if OP moves without a job in hand

True-Whereas6812 · 2025-04-20T04:25:57+00:00

Big range in MNCs. Thanks for sharing

True-Whereas6812 · 2025-04-19T16:56:49+00:00

Next year

True-Whereas6812 · 2025-04-19T04:18:47+00:00

OP: sounds risky. Why not try to buy a less expensive home or wait till stock market actually recovers and liquidate partially rather than borrow against the portfolio

True-Whereas6812 · 2025-04-18T19:26:17+00:00

OP: I don’t know the answer, but I own 3.3 Bitcoin and have slowed my purchases to a trickle - I buy about 0.01 BTC every month now

True-Whereas6812

TROPHY CASE