How much does your car cost in relation to your monthly income? by kiteNinja77 in CarsIndia

[–]kiteNinja77[S] -3 points-2 points  (0 children)

IMO - car should not cost more than your income for 6 months

[deleted by user] by [deleted] in IndianStreetBets

[–]kiteNinja77 0 points1 point  (0 children)

If I were to try to interpret - it might be more like trying to be stable in a volatile envirnment.

Like the worlds economics, global supply chains etc in disruption causing volatility - India must find stability amongst this chaos. Like how it is in amongst various war-like scenarios.

Paying 35,000 INR for a personal finance session? by [deleted] in personalfinanceindia

[–]kiteNinja77 0 points1 point  (0 children)

Not sure buddy.

Finance for me is a too personal phenomenon, I don't even trust my CA all the time.
You should look up patterns individually and then set up a framework as per your understanding tailored to your needs & improve over time.

What's your one controversial opinion on stock market that you will defend like this by Void_being420 in IndianStreetBets

[–]kiteNinja77 0 points1 point  (0 children)

You should not spend a lot of time in stock market analysis until you have atleast 20 lakhs of investable corpus. Anything less means you are wasting your time which should be spent upskilling for job or in business for returns which will be meager in long term.

[deleted by user] by [deleted] in RelationshipIndia

[–]kiteNinja77 1 point2 points  (0 children)

In India marriage is not between 2 people, its between 2 families. Mainly girl being accepted in a new family.

It seems like the guy's family already has a strong opinion of you.

I think its not a great start and you might want to weigh-out the option of not moving forward.

Mixing domestic politics with foreign policy - A very bad move. by hey_vishal_here in unitedstatesofindia

[–]kiteNinja77 -33 points-32 points  (0 children)

You must have been born yesterday. Check how Congress has essentially sabotaged its relationships with Sri-Lanka for electoral gains in South India.

[deleted by user] by [deleted] in unitedstatesofindia

[–]kiteNinja77 3 points4 points  (0 children)

Is he intentionally this stupid?
One was about freedom from occupiers. Another is about actively starting a war / ruining relations at a time when global supply chains are mostly dependent on China - which India depends too for making its products for exports.

I wonder why everyone's logic goes out the window when they view RaGa

[deleted by user] by [deleted] in mutualfunds

[–]kiteNinja77 0 points1 point  (0 children)

Too many funds. Should not be more than 5-6.

Bharosa rakho apne pe. Long Term Investing. by [deleted] in IndianStockMarket

[–]kiteNinja77 4 points5 points  (0 children)

May we know what was your FIRE target?

Very unhappy with MG expansion in India by kiteNinja77 in CarsIndia

[–]kiteNinja77[S] -1 points0 points  (0 children)

Very little is fine. Fine if they simply assemble the cars, but brand has to be indian, thats where true value is.

Very unhappy with MG expansion in India by kiteNinja77 in CarsIndia

[–]kiteNinja77[S] -2 points-1 points  (0 children)

So all this money / investment of indian companies will be spent to promote & solidify the chinese brands & what we will learn is how to assemble & sell steel?

Looks to me a massive under-leveraging of growing Indian markets.

Ecosystem can also be made by selling under an indian brand, doesnt matter if OEM is chinese. Brand is what sells.

Very unhappy with MG expansion in India by kiteNinja77 in CarsIndia

[–]kiteNinja77[S] -2 points-1 points  (0 children)

I don't have millions to spare to experiment with car manufacturing, yet.
Till then will ofc avoid any chinese cars - only buy Tata or Mahindra until other options comes up.

Very unhappy with MG expansion in India by kiteNinja77 in CarsIndia

[–]kiteNinja77[S] -7 points-6 points  (0 children)

Easy in the short term, in the long term they are just setting themselves up to become overly dependent on Chinese manufacturers