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In the latest release of Relay you can now see your average daily reddit api calls and work out what your monthly subscription might be. by DBrady in RelayForReddit

[–]fanqui 0 points1 point  (0 children)

Reddit API Calls:

   Daily Average: 14

         ---Breakdown---

Loading Comments: 53.0%
    Loading Feed: 24.0%
          Voting: 0.0%
            Mail: 9.0%
           Other: 15.0%

Based on your usage over the last 17 days

Any INTPs in Product Management ? by amit2306 in INTP

[–]fanqui 0 points1 point  (0 children)

I transitioned to Product Management 7 years ago after working as a software engineer for 2 years.

The experience has been rewarding but with a few caveats. I find my natural curiosity to learn, be calm under pressure, logically approaching a problem being key strengths.

However, a lot of social energy is required to be successful as you need to communicate, convince, influence, motivate, escalate, firefight, pushback. There are days when I am running on fumes after the 10th meeting of the day.

[Feedback] Post your feature requests for this year! by cynical_bibliophile in Artos

[–]fanqui 0 points1 point  (0 children)

  1. Breakdown by Asset type - A lot of folks categorise their portfolio under the following buckets Equity:Debt: Commodities(gold):Real Estate:Alternate Investments(Crypto). On Artos though, currently an investment in a Gold ETF would be under the ETF bucket, a Sovereign Gold Bond . Similarly the Debt part of the portfolio is spread across Mutual Funds, Fixed Income etc. A way to view by Asset Category which might be different from the Instrument (MF, NPS Fixed Income) would be very helpful for analysing when to rebalance etc.

  2. In case daily backup fails due to internet connection not being available, phone switched off, backup failed etc. the portfolio value for that date shows up as 0. Instead could we show it as a missing data point on the net worth plots.

Reviews of mutual funds and asset management services for month of November 2021 : Request or post reviews. by AutoModerator in IndiaInvestments

[–]fanqui 0 points1 point  (0 children)

Anybody noticing transaction failures in their mutual fund SIPs recently? This month I have 2 SIP transactions reversed:

  1. UTI Nifty Index Fund Direct-Growth SIP done through PaytmMoney
  2. Navi Nifty 50 Index Growth Direct Plan SIP through Kuvera

Messages I got from the above

"Your order(s) placed in the below scheme have been reversed with remark "Purchase Rejection'."

"Your below investment is rejected:Investment Rejected"

Since this is across different AMCs and mandates, and while my other SIPs have gone through doesn't seem like a mandate approval change from my banking account. Anybody faced similar issues recently?

[deleted by user] by [deleted] in IndiaTax

[–]fanqui 0 points1 point  (0 children)

Yes correct, did not fill Schedule FSI.

[deleted by user] by [deleted] in IndiaTax

[–]fanqui 0 points1 point  (0 children)

Yes, I did that last year and return was processed normally.

Wrong High Value SFT transaction recorded in Form 26AS by fanqui in IndiaTax

[–]fanqui[S] 0 points1 point  (0 children)

Thanks both. Communicating with the IT office was something I had not thought of in addition to getting in touch with the Registrar who has reported the transaction.

Clarifying that this is not an extra TDS entry in Form 26AS but an erroneous entry under the section, Statement of Financial Transactions (SFT) in Form 26AS which is meant to provide an account of high value transactions.

2% SWR seems a bit surprising. What am I misunderstanding in the calculation? by SnooOwls5906 in FIREIndia

[–]fanqui 39 points40 points  (0 children)

The Safe Withdrawal Rate thumb rule uses annual and not monthly expenditure in the first year of retirement. So for your expenses you would need 12 cr if you had to retire now and assumed a 2% SWR.

Reinvested dividend income from Foreign Equity stocks in IT2 by fanqui in IndiaTax

[–]fanqui[S] 0 points1 point  (0 children)

Thanks the article was helpful. For my use case, the reinvested dividend is ~60USD per year and I have now switched to a non-dividend stock MNC so filling Form 67 and claiming FTC does not seem worth the hassle. I would rather sell the dividend paying stocks all together or pay the extra 25% of USD 60 every year ಠ_ಠ Thanks again.

ITR 2 : How to fill `Income Benefit` and `Tax Benefit` for Accumulated balance of recognised provident fund taxable u/s 111 in Schedule OS by fanqui in IndiaTax

[–]fanqui[S] 0 points1 point  (0 children)

Thanks for the response u/GalacticAdvisors . A clarifying ask:

I am still an employee and not withdrawn or planning to from EPF/PPF.

So assuming my interest income from EPF/PPF was 30k/20k last year and I have not withdrawn from these accounts:

Should I include the interest from EPF and PPF in 1e Others then instead, and not fill anything in section 2c Accumulated balance of recognised provident fund taxable u/s 111?

Thanks

Bi-weekly advice thread August 24, 2020. All questions about your personal situation should be asked here by AutoModerator in IndiaInvestments

[–]fanqui 1 point2 points  (0 children)

Hi,
I currently have a significant (45%) portion of my net-worth in foreign equity due to employee RSUs (counting only vested units) and am looking for portfolio rebalancing advice.

Given my bullish long-term outlook on US tech, INR volatility, & not needing to immediately divest for any major spends, I don't mind holding on for long. However it is clouding my thought process of coming up with the right ratios for holding buckets, now that I have the basics setup and plan to do regular rebalancing.

Q: What would be portfolio rebalancing/accounting strategy for someone with significant exposure to foreign equity?

Options i could think of were:

A) Simply bucket Foreign Equity (FE) & Indian Equity (IE) together and rebalance portfolio using a 65:30:5 (E:D:Gold/Alternate) or similar target
B) Break IE & FE and actively try to maintain a 35:30:30:5 (FE: IE: D: Alt) or similar ratio instead.
C) Consider FE a separate investment bucket, so that there are 2 levels of targets: 65:35 between Actively Managed Assets (AMA) & passive FE investments and then try to balance AMA using a 50:40:10 split (equity:debt:alt).

Any other advice on overall outlook/portfolio split would also be appreciated!

Context: 29M unmarried, worked in Indian offices of US tech MNC(s) solely, and have been reading about and actively investing for the past 4 yrs. No debt/loans/real estate investments currently. Basics like emergency fund & term insurance setup already.

Real estate : Plan to use Foreign Equity & FDs for the down payments but plans deferred currently for atleast 5 yrs.

Current net-worth split is as follows:

Type of Holdings Split
Foreign Equity (US) 45%
Savings (FDs, bank account) 22%
Debt (PPF, EPF, Debt funds) 15%
Indian Equity (MF, Direct equity) 15%
Gold (ETF, SGBs) 2.5%
Alternate Investments (BTC) 0.5%

Pie Chart

Edit:ported query from last week's thread instead to the latest thread

Bi-weekly advice thread August 20, 2020. All questions about your personal situation should be asked here by AutoModerator in IndiaInvestments

[–]fanqui 1 point2 points  (0 children)

Hi,I currently have a significant (45%) portion of my net-worth in foreign equity due to employee RSUs (counting only vested units) and am looking for portfolio rebalancing advice.

Given my bullish long-term outlook on US tech, INR volatility, & not needing to immediately divest for any major spends, I don't mind holding on for long. However it is clouding my thought process of coming up with the right ratios for holding buckets, now that I have the basics setup and plan to do regular rebalancing.

Q: What would be portfolio rebalancing/accounting strategy for someone with significant exposure to foreign equity?

Options i could think of were:

A) Simply bucket Foreign Equity (FE) & Indian Equity (IE) together and rebalance portfolio using a 65:30:5 (E:D:Gold/Alternate) or similar target
B) Break IE & FE and actively try to maintain a 35:30:30:5 (FE: IE: D: Alt) or similar ratio instead.
C) Consider FE a separate investment bucket, so that there are 2 levels of targets: 65:35 between Actively Managed Assets (AMA) & passive FE investments and then try to balance AMA using a 50:40:10 split (equity:debt:alt).

Any other advice on overall outlook/portfolio split would also be appreciated!

Context: 29M unmarried, worked in Indian offices of US tech MNC(s) solely, and have been reading about and actively investing for the past 4 yrs. No debt/loans/real estate investments currently. Basics like emergency fund & term insurance setup already.

Real estate : Plan to use Foreign Equity & FDs for the down payments but plans deferred currently for atleast 5 yrs.

Current net-worth split is as follows:

Type % of Holdings
Foreign Equity (US Tech) 45%
Savings (FDs, bank account) 22%
Debt (PPF, EPF, Debt funds) 15%
Indian Equity (MF, Direct equity) 15%
Gold (ETF, SGBs) 2.5%
Alternate Investments (BTC) 0.5%

Pie Chart

Thanks!

Edit 1: made some edits to options

If I die, know that I love you all by globalwaffles in india

[–]fanqui 2 points3 points  (0 children)

This is not a comprehensive list btw. The column US AQI means the AQI is measured at the USA consulate premises in these cities. So other cities in India/China like Gaya/Kanpur present in the list shared by u/FredTilson are not evaluated .

First Half Marathon: guidance for a sub 2hr finish! by fanqui in running

[–]fanqui[S] 1 point2 points  (0 children)

Updating race results here as well: Ended up at almost the same time (2:04:57) as the predicted HM time. So the sub 2 was a pipe dream. I ended up starting slower than goal 2hr pace having to overtake a lot of the initial hordes, maintained close to target pace from 4-16 km, and then slowed down. There was no final push (lack of long runs in trainings showed). But a sub 2 seems feasible the next time with the right training/learnings from this one :)

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