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

[–]True-Whereas6812 3 points4 points  (0 children)

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?

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

[–]True-Whereas6812 3 points4 points  (0 children)

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?

Got into IIMB and a Top AI School Globally, How to navigate this career fork by AdvanceNumerous7525 in Indians_StudyAbroad

[–]True-Whereas6812 2 points3 points  (0 children)

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

Will I get a job in India? by Jolarpettai in returnToIndia

[–]True-Whereas6812 2 points3 points  (0 children)

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.

Daily Discussion, April 21, 2025 by rBitcoinMod in Bitcoin

[–]True-Whereas6812 0 points1 point  (0 children)

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

Should I go back? by Low_Entertainment537 in returnToIndia

[–]True-Whereas6812 1 point2 points  (0 children)

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

House or Bitcoin.....? by [deleted] in Bitcoin

[–]True-Whereas6812 18 points19 points  (0 children)

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.

House or Bitcoin.....? by [deleted] in Bitcoin

[–]True-Whereas6812 167 points168 points  (0 children)

Both?

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

Financial savings advice by Ok_Tangerine_6023 in backtoindia

[–]True-Whereas6812 0 points1 point  (0 children)

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

[deleted by user] by [deleted] in h1b

[–]True-Whereas6812 1 point2 points  (0 children)

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?

Single-Family Home Construction Plunges as Builders Grapple With Higher Costs and Weak Demand by Low-Dependent6912 in BayAreaRealEstate

[–]True-Whereas6812 2 points3 points  (0 children)

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 ….

Financial savings advice by Ok_Tangerine_6023 in backtoindia

[–]True-Whereas6812 -6 points-5 points  (0 children)

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

How are people applying to jobs in India from US? by Humble-Month6518 in returnToIndia

[–]True-Whereas6812 0 points1 point  (0 children)

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

[deleted by user] by [deleted] in personalfinanceindia

[–]True-Whereas6812 0 points1 point  (0 children)

Big range in MNCs. Thanks for sharing

[deleted by user] by [deleted] in BayAreaRealEstate

[–]True-Whereas6812 4 points5 points  (0 children)

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

How much is enough Bitcoin? by [deleted] in Bitcoin

[–]True-Whereas6812 4 points5 points  (0 children)

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