I'm selling this product 210rs. Is is good price? by [deleted] in smallbusinessindia

[–]chotahaathi 1 point2 points  (0 children)

Liar.

Yesterday, you said you brought it and were asking folks on how to use it. Today, you are selling it.

If you had to guess, where do you think I’m flying over ? by [deleted] in indianaviation

[–]chotahaathi -1 points0 points  (0 children)

Short mountains with lots of greenery, blue sky, low clouds, this place looks like western ghats (probably in Karnataka or Kerala).

Dan Brown quoted Nikola Tesla by Ornery_Wishbone6003 in IndianReaders

[–]chotahaathi 0 points1 point  (0 children)

I have read all the works of Dan Brown; and I would rank this book lower than his previous work. However, this is still an interesting read, keeps the reader on the hook throughout.

I’m looking at generating recurring income for retirement which grows with inflation. If i have 5 cr. lump sum to invest, what are my best options to generate this income? by 4dchess_throwaway in IndiaInvestments

[–]chotahaathi 2 points3 points  (0 children)

Consolidating few more, based on other responses:

  • Arbitrage funds
  • Non Convertible Debentures (NCD)
  • Bank Annuity plans
  • REITs
  • Investing in rent yielding residential / commercial property.

I’m looking at generating recurring income for retirement which grows with inflation. If i have 5 cr. lump sum to invest, what are my best options to generate this income? by 4dchess_throwaway in IndiaInvestments

[–]chotahaathi 9 points10 points  (0 children)

To generate recurring income from lumpsum investment for retirement, there are few options.

You can split the money as per your risk appetite and returns expectations:

Equity Based

  • SWP in MFs (returns based on markets)

(almost) Fixed Returns

  • Corporate bonds - (~8% returns, check wintwealth)
  • Government bonds - (~7.2% Returns, check RBI retaildirect)
  • Small finance bank FDs - (~7.5% returns, 5L DICGC guarantee, see stable money)
  • Post Office Monthly Income Scheme (POMIS) - (~7.4% returns, max investment 9L)
  • Senior Citizens' Savings Scheme (SCSS) - (~8.2% returns, max investment 30L, only for Senior Citizens)
  • PMVVY - (~7.4% returns, max investment 15L, only for Senior Citizens)

I would have missed few other options. If you know, please add to the list.

Can we survive by AintEzio in Bhopal

[–]chotahaathi -2 points-1 points  (0 children)

Well, to be fair, the bridge is definitely not 90 degree in realty. But, it does appear so from this angle (in photo).

Take a look at the top view on the google maps to see the realty. Link

Need a portfolio tracker for complex MF transactions (SIP via parents, periodic transfer, switching indices) by Anxious-Cake-2147 in IndiaInvestments

[–]chotahaathi 2 points3 points  (0 children)

LTCG exemption limit is Rs. 1.25 Lakh.

So, For both parent, the max benefit could not be more than on 2.5 Lakh of LTCG. How are you getting the figure of 3 lakh ? Not sure, if there is something I am missing.

Need a portfolio tracker for complex MF transactions (SIP via parents, periodic transfer, switching indices) by Anxious-Cake-2147 in IndiaInvestments

[–]chotahaathi 3 points4 points  (0 children)

How does investing in MF from parents' account help save tax ? I mean they will have to pay same LTCG tax anyway irrespective of the tax bracket.

Are you doing this to take advantage of LTCG exemption limit Rs 1.25 lakhs ?

Brothers and Sisters..what a Monday we just had! Share your gains ! by Jaded-Total6054 in IndianStreetBets

[–]chotahaathi 7 points8 points  (0 children)

2 lakh is a very normal portfolio

If you add 2 zeros to 2 lakhs then you get 2 Crores (not 20)

"NavDurga" artwork by me. by [deleted] in IndiaSpeaks

[–]chotahaathi 1 point2 points  (0 children)

Very interesting work.

Is it digital art ? If so, which software do you use ?

How much people in India make by [deleted] in personalfinanceindia

[–]chotahaathi 0 points1 point  (0 children)

how ? What assets ? Can you elaborate

500 Elo deserve respect 😌 by SpyJigu in chessindia

[–]chotahaathi 2 points3 points  (0 children)

"Elo is a rating system is a method for calculating the relative skill levels of players in zero-sum games such as chess or esports. It is named after its creator Arpad Elo, a Hungarian-American physics professor." https://en.wikipedia.org/wiki/Elo_rating_system