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Thanks for your response Shapil. Would you like to share some pointers about how you choose the stocks, resources you use or things to keep in mind. I'm assuming you are long term Investor and not a day-trader (That is not my cup of tea :) Regards, DesiGirl

Thanks Animorph. When I mention liquidity we are looking at difference of 1000-10,000 crore active Mutual funds vs. < 100 crore for ETFs. In India lots of active funds beat (supposedly) indexes because many times indexes are just a casual after thought and they don't necessarily stay true so...

Thanks Rickt . This definitely helps in terms of getting exposure to Indian market at a lot cheaper expense ratio compared to what Indian mutual funds offer. But taxation wise Equity MFs or Stocks are tax free after holding period > year in India but not the case in US. Definitely something to...

Hello Everyone, I would love to hear your thoughts about best way to invest in Indian Market based on given data. If there was something close to Vanguard in India I would peacefully invest in broad market indexes and call it quits but here is what is available in India : * There are some ETFs...

Thanks for your kind and positive words people. Even though we live in a very conservative part of India where teenage dating is more of an exception than norm but we'll have to see how things go Sarah in SC. Thanks Meadbh, have been busy with lot of things while continuing to work towards DH's...

This is story of youngest dreamer this board might have seen so Mom is the one sharing it. I'm a regular follower of ER & MoneyMustache forum. My 11 year old son checks out what I'm reading many times. I have shared lots of concepts with him like "Power of Compounding" , "Inflation" , "Stock...

Aah the sarcasm , the wit, the dry humor ... thoroughly enjoy your comments Haha . Sorry about your loss bclover, people making such mean comments are not worth paying attention to , with time they will be out of sight , out of mind. -Desi Girl

It is indeed sad, he has 2 young ones 6 & 10. I'm not sure about other possibilities. Even if it doesn't really kill you I have seen fast aging in case of people working in very stressful jobs. Closest to home DH and BIL have greyed & lost hair so quickly in last few years. They always look...

Just wanted to share a sad story which made me look at things little differently. There are lots of people in this forum (including DH) who are taking lots of stress to make good amount of money trying to run the last round or making X amount before reaching the ER target. Sometimes you don't...

Congratulations. You are doing wonderful for your age. One of my favorite investing books - The Four Pillars of Investing: Lessons for Building a Winning Portfolio: William Bernstein: 9780071747059: Amazon.com: Books Somebody already mentioned it I'll repeat it VANGUARD. You can find any...

Initially either it was Dutch or we would take turns. Unless I was specifically invited by somebody with an understanding that its their treat, I have always paid for myself. In fact in case of any ambiguity I would rather pay the entire amount instead of letting the other person pay. Like other...

I support Amethyst. That joke stings and definitely does not apply to all women. We had a dating pool in which both me & my DH (then Boyfriend) contributed equal amount on monthly basis. That money was used for date meals / movies and even gas since he used to drive me around long distances in...

Ahhh I'm starting to see a little better where you are coming from. Trust me we have quite similar values its just that scale is slightly different. We are big time train people but it has to be 3rd AC at least preferably 2nd. I barely visit Beauty Parlor (may be twice an year ). I cook and...

40-50 years of retirement with 500K capital, I wouldn't do it even in a low cost place like India (where you can visit doctor for < $10, buy antibiotic for $2-3, get heart surgery done for $2-3K, hire a fulltime maid for $200, driver for $300 etc.) even though our burn rate is very close to...

So if I understand correctly out of the 25000 p.a. for misc expenses (or approx. 2K pm) you take care of maid, cooking gas, personal care & cleaning products +grooming (hair cut, beauty parlor etc.), socialization, festivals, gifts & daycare for the young one, travel+ vacation etc. ??? That...

I believe as far as financial approach in marriage goes opposites may attract but they definitely do not work well together. Both Me & DH are super frugal which meant that I was able to quit highly paid job (One more Engineer here in top 10 software company) to stay at home with kids at age of...

Welcome Cyborg. Good to see another Desi in the forum. Wow $4800 expenses with rental (2.5 L per annum or 20K p.m. in Rupees) I do not know how you do that. Your expenses will seriously shoot up as soon as kid starts going to school (or if u have another baby). In Hyderabad it would be...

Welcome from another 40 year old retired software gal. And I'm INTJ (or is it INFJ too close) too. LBYM works , we have done many years of 50% savings with a 4 people family. Don't have much to say other than probably do not count on any consulting or part-time income .. kills the fun a bit ...

Spare a moment for people trying to retire in countries like India where inflation is 6-12%. No real solution but here are a few tricks I'm using -* Like somebody else mentioned , higher exposure to hard assets like real-estate, gold, commodities etc. .* Calculate your personal inflation (Will...

5 years from Now : * I would continue to be Happy , Healthier & Alive .. married to same person :-) * Since we'll be alive means we'll be 45+ in age. * We must have moved into our house (off-course paid off) and rental property would start throwing in good income. * DH must have already...

If you want to avoid currency risk, FCNR is the product u are looking for but off-course rates are lot lower. ICICI Bank | NRI You can take your money back with NRE and FCNR . I'll repeat what has been said already if you need to spend in India in Rupees look at these FDs (will still get...

Thanks Meadbh. One reason being what is considered very frugal in USA is norm for middle class India. For example - * I cook roti (whole wheat tortilla) from scratch twice a day. Cook 80 out of 90 meals a month at home. * We eat meat (chicken/fish/shrimp) 2-4 times a week and even then a $7...

Rescueme our current living expenses are 11-12K (depending on dollar - rupee rate). This includes : Food & other supplies - $220 Electricity - $50 avg Internet / Phone / Cable - $60 Cleaning Lady - $50 Cooking Gas - $10 Community Maintenance - $100 Eatout - $125 Gas/ Petrol - $70 Clothing/ Gifts...

Status Update after 10 months I was thinking of updating the status on this post or our retirement plan in general and justanotherperson provided the nudge needed. OK here it goes - * I managed to lock approx. $125K+ @ 9.5% per annum fixed deposit (pretax and my effective tax rate is < 10%)...

:facepalm: There is small difference in Working and being Productive. Working so that you manage to pay bills and having to do it in your 60s, 70s, 80s Awesome!!!! Well to each his own, I believe in getting off the treadmill and smelling the coffee (even if I have to substitute home-made instead...