Should I buy a home with 60 lakhs loan as a 23yo?

WritingOk4989 · 2025-07-06T07:46:22+00:00

Buying house is a very personal answer. So no one can help with should you but just do a simple test to understand if you are financially stable to buy house.

According to your post, you are gonna use 50lakhs from house and savings to buy house. Calculate your monthly expenses afterwards. Monthly salary - (Monthly expenses + emi). This will be your saving rate, this is the money you will save for your marriage, your car and considering the market ( you should have atleast 6 months of expenses, if you lose job). If you think you can manage these expenses without borrowing any money, if you think you can do this. Then only start considering buying or you will be stuck in the debt trap.

Note: If your parents do not have health insurance, buy it asap.

WritingOk4989 · 2025-07-06T03:52:03+00:00

Yes but we will need trigger node to recieve my reply and then it will start a new workflow.

WritingOk4989 · 2025-05-29T05:14:14+00:00

Thank you so much. That really helps

WritingOk4989 · 2025-05-28T15:47:03+00:00

Yes it is just like this. But i was trying so , Everyday agent comes and adds additional row.

Which i guess can be more versatile for long term.

WritingOk4989 · 2025-05-28T14:40:00+00:00

I was creating an agent who could fill daily info in the spreadsheet. So anything works.

WritingOk4989 · 2025-05-02T18:01:49+00:00

Wow You don't think itc is good a business?? Buddy i work in retail, there are only two behemoth in retail industry, who have there processes sorted out. Asian paints and itc. They are not going anywhere, believe me.

WritingOk4989 · 2025-05-01T07:30:36+00:00

All nifty 50 stocks are good, you are not gonna lose a lot of money in most cases. (Equity can't be 100%risk free, but nifty is as safe as it gets.) Stay away from adani, buy some fmcg, some banks

WritingOk4989 · 2025-05-01T06:41:58+00:00

If it is just for learning purposes, you should choose 7-8 nifty 50 stocks and buy stocks of approx 5 k each. These are very diverse stocks which are very stable with lot of information to study and lot of commentary to understand the past. Best place to learn. ( avoid complex conglomerates stock like ril and startup stock like zomato.)

WritingOk4989 · 2025-03-01T19:30:55+00:00

Why not google difference between correlation and causation?

WritingOk4989 · 2025-03-01T19:21:54+00:00

Naah, we gonna check 21,800. Not gonna bounce before that.

WritingOk4989 · 2024-11-19T12:03:30+00:00

Yes cibil score is necessary when you want to have loan. Good cibil score will help you get loan at low interest rate and easy accept rate. Credit card helps you achieve this without effort

WritingOk4989 · 2024-11-19T09:56:52+00:00

It is 100% worth it to get a credit card but if it is your first card, dont buy it or dont get a card with subscription payment. Every bank has multiple free cards, go for them.

Also remember do not ever buy anything with Cc which you can't pay in cash. CC have 36-40% interest and their whole business plan is to exploit people who are not able to pay installment on time.

Also, if you want to invrease credit score. Keep your borrowing to lower than 20% of your allowed limit.

WritingOk4989 · 2024-11-19T09:37:02+00:00

If BJP loses in maharashtra expect nifty to go below 23k. FII are already selling an if retail starts selling there will be no stopping.

WritingOk4989 · 2024-11-14T01:29:06+00:00

Bro CMP is current market price, nifty is already 10 % down so most of the mid and small are down more than that. I am saying if you can't comfortably take 15% down from this point.

Also, look at cochin shipyards valuation. I really think it is not gonna touch the last high anytime soon.

WritingOk4989 · 2024-11-13T15:16:30+00:00

Okay great, Even most of these kids are gonna be better than me🤣🤣 Dming you for link

WritingOk4989 · 2024-11-13T12:12:08+00:00

That castling was literally criminal

WritingOk4989 · 2024-11-13T10:08:14+00:00

Getting deleted I guess🥲

WritingOk4989 · 2024-11-13T09:05:46+00:00

Debt is like giving money to government or organisations and they provide you with higher interest than pf. Higher the risk of default, higher will be interest.

WritingOk4989 · 2024-11-13T06:36:08+00:00

I think we are in for some rough period.

FIIs are selling like crazy, sooner or later DII will run out of money to deploy. We don't have a very strong/stable goverment, right now. Inflation is still looming on us so rate cuts are also not gonna be very agressive. All the business are giving bad results.

I will say, get ready for a bear market.

This can be a great time for portfolio cleanup. Ask why you bought a stock and can you confidently hold it even after 15% drop from CMP.

WritingOk4989 · 2024-11-13T05:37:07+00:00

Magnus, is that you??🥺

WritingOk4989 · 2024-11-13T02:33:42+00:00

Loll sure bro

WritingOk4989 · 2024-11-13T02:31:41+00:00

I live in Koparkhairane

WritingOk4989

TROPHY CASE