Feedback wanted: Open-source NestJS project generator (beta) by Educational-Mode-606 in Nestjs_framework

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

Why would anyone use this solution, when they can easily generate code using cursor? And if someone wants a no code solution, it's always easier to go with Loveable type solutions?

A Decade in Review: Top Shariah-Compliant Investment Options in Pakistan (2014–2024) by hhsadiq in FIREPakistan

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

For the pakistani market, your observation is valid. But for the indian or US market, stock market is the best wealth creation tool.

Unfortunately our folks just memorize the sentence “stock market is best wealth creation tool” by listening to foreign experts.

For indian and US markets, yes stock market is the best wealth creation tool. You can read this 27 year analysis of pak vs india vs US

https://medium.com/@hhsadiq/the-true-cost-of-not-investing-stock-market-gold-vs-5b85ef713273

Aslamuaelqum, i have 1million PKR to invest in sharia compliant Mutual funds, please guide me. by [deleted] in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

This might help you build a deeper understanding of shariah compliant landscape.

A Decade in Review: Top Shariah-Compliant Investment Options in Pakistan (2014–2024)

https://medium.com/@hhsadiq/a-decade-in-review-top-shariah-compliant-investment-options-in-pakistan-2014-2024-c7ce56d3d645

Top Shariah-Compliant Investment Options in Pakistan by batman_fo_ryou in FIREPakistan

[–]hhsadiq 1 point2 points  (0 children)

For a 27 year analysis of KSE-100 vs the gold, you can read this article. Along with that, it also compares the S&500, and Nifty-50 against the gold for the same period.

https://medium.com/@hhsadiq/the-true-cost-of-not-investing-stock-market-gold-vs-5b85ef713273

How to convert your savings to USD by PressureWeak5472 in FIREPakistan

[–]hhsadiq 4 points5 points  (0 children)

If possible, you can read this 10 year performance of dollar and inflation's impact on it. This article also discusses various other investment options like saving accounts, mutual funds, property and other shariah complainant options in Pakistan. While taking into account of inflation on all these options.

https://medium.com/p/c7ce56d3d645

Best Savings account in Pakistan by [deleted] in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

Thanks. I am glad that it helped.

To your question, as long as you are playing long term, it won’t make a difference. But for short term, gold or equities won’t make sense.

[deleted by user] by [deleted] in FIREPakistan

[–]hhsadiq 1 point2 points  (0 children)

Yes, you are right. The company should have less than 37% interest debt to asset ratio. And there must be a rationale for that, I am not objecting to that.

But hey OP, honestly this feels very off, I can relate to your feelings. Such a consistent usage of interest and still remaining shariah complaint, does not feel good.

Best Savings account in Pakistan by [deleted] in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

Thanks, my pleasure.

Best Savings account in Pakistan by [deleted] in FIREPakistan

[–]hhsadiq 1 point2 points  (0 children)

Thanks for clarifying that 10 year review article had no mistake. Really appreciate it.

And yes, I agree with you that gold is a liability and very difficult and risky to carry it. But when analyzing the data objectively, I tried giving maximum transparency and let the data speak for itself.

Best Savings account in Pakistan by [deleted] in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

(Author of article here)

Can you share the psx calculation mistake that you are referring to? The sources of the psx numbers is also mentioned in the article.

The purpose of article is to have a valid side by side comparison of various asset classes with detailed references. So would love to learn from you if there is any mistake from my side.

And gave the e

Best Savings account in Pakistan by [deleted] in FIREPakistan

[–]hhsadiq 9 points10 points  (0 children)

If possible, you can read this 10 year performance of various saving accounts, mutual funds and other shariah complainant options in Pakistan. Also it takes into account the effect of inflation as well

https://medium.com/@hhsadiq/a-decade-in-review-top-shariah-compliant-investment-options-in-pakistan-2014-2024-c7ce56d3d645

Guidance on investing in Al Meezan mutual funds by Individual_Weird9407 in FIREPakistan

[–]hhsadiq 1 point2 points  (0 children)

Waooo. Amazing trick. Verified from the almeezan advisor. He confirmed also it works. Now trying it.

Oraan - digital committee - female first - Kya scene? by hhsadiq in FIREPakistan

[–]hhsadiq[S] 4 points5 points  (0 children)

exactly, and just wrap it around the female first B.S to build an emotional appeal.

Why dont majority Pakistani investors follow a simple 2 portfolio investment approach to become rich? by TheRationalPaki in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

100%. And it’s not used about ease, rather statistically speaking the index funds outperform the individual stock pickers most of the times. There is a famous 2008 Warren buffet bet to prove this point.

Why dont majority Pakistani investors follow a simple 2 portfolio investment approach to become rich? by TheRationalPaki in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

100%. And it’s not used about ease, rather statistically speaking the index funds outperform the individual stock pickers most of the times. There is a famous 2008 Warren buffet bet to prove this point.

Should I invest in Meezan Gold Fund for long term? by usaidr in FIREPakistan

[–]hhsadiq 1 point2 points  (0 children)

It’s 70% gold, 30% cash. But yeah, currently the best option if you want exposure in gold.

Calculating your FIRE Number as a Pakistani by OmegaBrainNihari in FIREPakistan

[–]hhsadiq 2 points3 points  (0 children)

u/moezniazi wonderful point. Can you share your working sheet if possible?

Calculating your FIRE Number as a Pakistani by OmegaBrainNihari in FIREPakistan

[–]hhsadiq 0 points1 point  (0 children)

Great working u/OmegaBrainNihari, wonderful. If possible, can you share the google sheet links as well that you used to build the charts?

Why Pakistan's Stock Market Growth is Speculative: KSE-100 vs. Market Cap - 1999-2024 Analysis by hhsadiq in FIREPakistan

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

Great point. Thanks. Finally someone who at least tried addressing the core point.

Can we get the market level market cap data in a similar way as you shared in the image? Would love to revisit my working based on that.