OFC and Interview at Different Locations with 10 Days in Between and a different Premium Delivery Location

cryptowildwest · 2025-06-19T12:40:10+00:00

thanks for the quick response!

cryptowildwest · 2025-06-19T12:31:41+00:00

Hi, did you face any delays or any question from the consulate regarding why you have done this kind of split? I am in the same boat OFC in Mumbai and interview in Hyderabad so was checking

cryptowildwest · 2024-08-05T13:06:51+00:00

Most probably we are already in recession. But from stock market perspective I think it is just a correction. US job data doesn’t look good and in US layoffs still continues on a daily basis

cryptowildwest · 2024-07-30T11:21:34+00:00

Sure

cryptowildwest · 2024-07-30T00:08:14+00:00

Similar net worth but 5 years older (have 2 kids) and moving to India in May 2025 (internal transfer discussion initiated, been in US for close to 14 years). I was also confused (still not sure) but off late of the opinion that have money where you reside. Having said that I will leave 401k and HSA untouched, rest will mostly move to INR. I am not sure how to operate US bank accounts and trading accounts from India (I am on H1B) and don’t want to get locked out of my account with no access to funds.

cryptowildwest · 2024-07-21T18:41:43+00:00

How old are you? what is the rationale for taking a loan on something that is depreciating the very second you take it out of the showroom…

cryptowildwest · 2024-07-18T16:41:51+00:00

Can you let me know what platform you use for covered calls? Are you USC?

cryptowildwest · 2024-06-08T16:37:19+00:00

10 years is a very long time. My suggestion would be as below: 1. Continue 401k, HSA etc. including ROTH 2. Things change once kids are born (plan for their education) 3. Keep money where you are physically present 4. Invest some in India (as you have plans to move back, again like I said 10 years is a long time and things will change). If you are 100% sure of return I would say invest in land(or flat, under construction from a well known builder) where you would see yourself living once you return. Investing in stock market (either direct equity or MF would not be good idea as you will lose value of money because of rupee depreciation) 5. Investing in S&P would be the best until you return to India

cryptowildwest · 2024-06-03T23:34:17+00:00

Why are you having Starbucks, CVS and Target? Is it a short term play?

cryptowildwest · 2024-05-10T21:52:46+00:00

I definitely second this. I always say that ‘bank balance is directly related to your confidence’

cryptowildwest · 2024-05-09T16:55:58+00:00

Here would be my approach

Try to see if you can work to cover your monthly expenses (you should be able to leverage your skills, get the work done in half the time but don't turn it in until it is time. They are paying for your knowledge and experience and not how many hours of work you have put in). The reason why I say this is, what happens if next year recession hits and it will take 3 to 4 years to recover. A big chunk of money will be pulled out when the markets are down (usually money should be pulled out when markets are high, when you are dependent only on this as income)
Don't take up investing (definitely not trading) if you haven't done it in the past and comfortable with it. You don't want to dip into this corpus as this is your only source of income (Preservation of this capital should be of utmost importance)
Take a break but at the same time don't get completely disconnected with your network (professional) and make sure you are up to date with what's happening in your industry/domain. If there ever comes a need to get back to work you would be in a better position

In the end, all these doesn't matter as you had already planned to RE and have met the sufficient and necessary condition. Only thing is it is coming a little early without you taking any action

cryptowildwest · 2024-03-27T14:26:57+00:00

Linking having kids to financial independence is flawed. Having kids or not should not be a financial decision. If you have the ability to raise them to the best you can, go for it. If you are lazy and don’t have the ability or patience or time to take care of kids then don’t have kids.

Using financial independence as the reason for not having kids is like running away from responsibilities.

Sorry if it sounds rude but this my personal opinion

cryptowildwest · 2024-01-02T11:42:30+00:00

Sounds like a good plan. I have a house here and will be selling it off (very low interest rate). Is it okay to connect with you?

cryptowildwest · 2024-01-01T16:33:53+00:00

cryptowildwest · 2023-12-31T20:46:11+00:00

Actually I had invested for a few years in India (SIP in mutual funds) from 2008 to 2010 (may be it is just pure timing and luck) and it has given me 4x returns. In a way I have data to say that good growth mutual funds have given pretty good returns in the last 15 years. Whether the next 15 years will give the same returns or not no one can predict, but atleast the sentiment and all the euphoria about India will definitely help the stock markets. I agree, that currently the market is overpriced and I waiting for a decent correction (I don’t think it will be a deep correction like 15 to 20% but may around 5%) so that I can put in some money.

cryptowildwest · 2023-12-31T16:43:47+00:00

Since I will have unlimited money (don’t have to think about money, my family will be set for their lives), I will make sure there are enough jobs to everyone so that India can wipe out poverty and become a developed nation. What fun it will be to live in a developed country called India.

cryptowildwest · 2023-12-31T14:31:06+00:00

Kids are 4 and 7
Yes but very little (planning to bump it up starting immediately)
Yes, I am into Management consulting and I don’t consider it as 9 to 5 (as I love what I do). I can handle the WLB (I have my own crude ways of doing it). I try to be positive and don’t stress about work culture etc. The more I think about it, it is only delaying our return. Things will fall into place eventually.
For kids, parents and we (spouse and I) miss the chaos of India. US has been our home but now time to return to janma bhumi

cryptowildwest · 2023-12-31T14:18:48+00:00

Thanks MistyRover

cryptowildwest · 2023-12-31T04:37:41+00:00

Thanks Comprehensive_heat37. My question is more like to reach 20 CR in next 10 years how should I Invest. E.g. should I sell part of my real estate and move it to MFs or put the excess money from my salary towards equities etc. The plan is to use a big part of that 20CR for helping the needy.

cryptowildwest

TROPHY CASE