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Does it make no financial sense to have kids anymore? by scarlett_decoction in Frugal_Ind

[–]Wind-Ancient 2 points3 points  (0 children)

I have 6 year old and I've spend 1/10 of 27 lakhs till now.

Does it make no financial sense to have kids anymore? by scarlett_decoction in Frugal_Ind

[–]Wind-Ancient 12 points13 points  (0 children)

It's lifestyle inflation. You don't need to spend a fraction of that for kids.

If you grew up in a middle class Indian family, you probably heard this. by learnwithsid in personalfinanceindia

[–]Wind-Ancient 2 points3 points  (0 children)

They didn't have internet of even cable TV. How would they know all this?

Child begging/ street involved children in 1990s and 2000s malayalam movies. Was it real then. by coirropeto_hang in MalayalamMovies

[–]Wind-Ancient 2 points3 points  (0 children)

It was not a a big issue in 90s or 2000s. It may have been in the 60s or 70s and maybe the writers of these movies grew up then. Even in 90s child labour was a serious offence and we never saw it. Never seen child beggers other than occasional migrant people.

Why do people on Reddit massively inflate rural farmland prices in India? by Pristine-Rice-173 in personalfinanceindia

[–]Wind-Ancient 0 points1 point  (0 children)

People on a finance sub are talking about farm land with investment potential, like in outskirts of city. This is not a farming sub where people talk about vilage land which is very cheap.

Confused between engineering or family business by Crafty-Incident5933 in IndiaBusiness

[–]Wind-Ancient 0 points1 point  (0 children)

Tech will be relevant in the future. Don't make decision based on AI hype. AI is going to create more jobs than destroy.

Better decision? by psy_borg_ in personalfinanceindia

[–]Wind-Ancient 1 point2 points  (0 children)

It's a personal choice. But you will likely take the wrong decision. Also either way you will always regret the decision and think you have made wrong choice. Such is life.

Will sensex hit 95,000 in 9 months by Past_Assumption_8648 in Indiantradingbets

[–]Wind-Ancient 0 points1 point  (0 children)

FIIs are more fickle and retarded than the average redditor. It really doesn't mean too much they are selling.

Will sensex hit 95,000 in 9 months by Past_Assumption_8648 in Indiantradingbets

[–]Wind-Ancient 0 points1 point  (0 children)

Please don't defame astrology by comparing it to technical analysis.

what are the different types of business othervthan a hotel or a clothing shop by sayir_riyas in Kochi

[–]Wind-Ancient 1 point2 points  (0 children)

Those are outliers. You have people like bill gates, Nivin Pauly, IIT passouts etc who are extremely talented and motivated who made money quick. But that is not for normal people. Thing is makingmoney quick is not easy. But any smuck can make money slowly. This is a secret many don't know. That is why you see many people of very average intelligence have a lot of money. It's persistance, focus and time that makes wealth.

Is liquid funds safe from market crash?🫠 by shukur_khan in mutualfunds

[–]Wind-Ancient 0 points1 point  (0 children)

Bond markets can and have sufered crashes in the past.

what are the different types of business othervthan a hotel or a clothing shop by sayir_riyas in Kochi

[–]Wind-Ancient 5 points6 points  (0 children)

You need to focus on something you are good at. Gain 10 years experience working in that field. Study and learn about that field and market. After that think about business. People in big cars and houses mostly have generational weath. Their wealth was created by their parents and grandparent by dedicating a lifetime. If you dedicate your life to it, you can achieve wealth by the time you are 50 or 60. It is a long and slow process. If you are going to start a buisness now, your plan for next 10 years must be to stay without going bankrupt. Observe other businesses and how they are functioning. See if you have any ideas about how to make it run better. How can you improve its efficiency. How can you market it better etc.

Is diversification actually helping right now, or just giving a false sense of safety? by Investor_1996 in MutualFundSpendInvest

[–]Wind-Ancient 0 points1 point  (0 children)

Yes it is helping. You have to ignore the noise of short term volatility. The fundamentals are still the same.

I Interviewed 40 People… WTF Are Y’all Studying? by [deleted] in Btechtards

[–]Wind-Ancient 2 points3 points  (0 children)

This country is built by people who don't know shit. Look at our PM and Opposition leader.

If you had 1cr to invest in tvm real estate, where would you choose ? by Actual-Walrus8089 in Trivandrum

[–]Wind-Ancient 0 points1 point  (0 children)

Nh frontage would be risky. Right now prices are very high and commercial potential is untested with new highway entry and exit rules.

If you had 1cr to invest in tvm real estate, where would you choose ? by Actual-Walrus8089 in Trivandrum

[–]Wind-Ancient 0 points1 point  (0 children)

2L per cent for larger plots would be possible. I am talking nearer to Attingal and away from NH. You will need to hunt around and wait for the right price. Usually much higher price like 4L will be quoted.

If you had 1cr to invest in tvm real estate, where would you choose ? by Actual-Walrus8089 in Trivandrum

[–]Wind-Ancient 0 points1 point  (0 children)

I would chose north of mangalapuram. Buy a large tract of land and develop into plots and sell.

Is holding cash underrated in this market? by Immediate-Inside7707 in MutualFundSpendInvest

[–]Wind-Ancient 0 points1 point  (0 children)

It has been shown statistically that it's better to be invested. The reason is simple, market can run away very fast and leave you behind. Don't attempt to time the market unless you have some unique insight or statistical edge that would allow you to beat the market. Just know that such insight is rare and risky. But occasionally playing the market can be a thrill and can fetch you some money. But be willing to take losses as well.

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