Amrut Sabade
66 posts


My tips to NRIs and even reasonably well off Indians (as someone recommended).
Invest at least 50% of your money outside India (this is for Indians). US is the easiest. There are easy ways to buy US Index funds now with minimal tax implications.
HDFC is the best bet for NRE/NRO account. As far as I know, it's the only bank that is compatible with US phone numbers for UPI.
Sell every "extra" piece of land/apartment you or your parents own today. Today. This is only for NRIs. Indians should continue holding real estate assets.
To all the ch***ya BMKJ NRIs who bought houses/flats 10-15 years ago because India is motherland, in case we ever move back, sell them the instant you get a green card.
Dubai real estate is a good punt, but risky.
If you parents are rich, ask them to consolidate and simplify their assets after age 70 or so.
Have them make their will today. You make a will today.
Anyone care to add more ..???
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@AnandaniNisha I shifted here 2 years ago but miss maharashtra , our culture is so inclusive and warm
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@SabadeAmrut Better to use Paasa. Can explain more over call Amrut. Book one on thefynprint.com
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Times covered the list of overseas funds. Before you invest CHECK the underlying fund expense too. Here: share.google/GPfVy5ZVLHJnRo…

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@lalitinvestor Exactly , that relaxo footware 200 rs chappal pitch , just check where it is now
He is very good sales man but a very bad fund manager
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There’s this unwritten rule in markets - fund managers and investors don’t go after each other personally. Everyone knows how brutal markets can be, so there’s a basic level of respect.
But with Saurabh Mukherjea, it genuinely becomes hard to follow that rule.
Not because of a difference in views. That’s normal. But because of a pattern that’s hard to ignore for more than a decade now.
First, Right from the Ambit days, it’s not like he’s had a few misses here and there. The calls have been consistently, impressively wrong. Almost to a level where if you did the opposite, you’d probably do better.
Second, comes the timing. Most of his big ideas sound great… just about 4–5 years too late. By the time the narrative is built and sold well, the market has usually moved on, priced it in, and is busy chasing the next thing.
Third and to be fair, he’s a fantastic writer. Really engaging. You’ll enjoy reading every bit of it. Just that somewhere between storytelling and actual portfolio outcomes, things seem to get… lost in performance..
At this point, it feels less like investing insight and more like well-written hindsight packaged as foresight.
Neil Borate@ActusDei
Almost a decade after Coffee Can Investing, Saurabh Mukherjea says the idea is dead. Consumption has crawled. Those fabled moated compounders aren't compounding. And India, he warns, is heading for a 1991-style crisis. Here's what he told us at a @thefynprint event. 🧵
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@SabadeAmrut @ActusDei Thanks Amrut, can we connect need more info?
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Nvidia alone is up from 25% of India's mcap to almost 100% since 2021.
Yet, we were told:
1) India = best place to invest.
2) Dollar will collapse.
3) Investing outside is too hard.
Take the red pill. Join us on 12th April. Learn global investing. share.google/m7nsCMnqLDjUZR…
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@catale7a Obviously rahul gandhi one as there are high chances of he has written it and understands the message
Other one I am not sure that person even understands what it is (posted by IT cell)
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@Turquoise_Trade @ActusDei You can buy ETF such as TLT which hold US Tbills
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@Bhavesh_tweeets @pbshgthm Exactly , that's aamchi mumbai spirit
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@pbshgthm Exactly!
Mumbai is lot more welcoming and warm
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2 months in Bangalore and I miss Mumbai. I miss the people.
Every small interaction here feels like a negotiation. Auto drivers, packers, old tenants. Everyone’s trying to squeeze something out of you.
In Mumbai a cab driver sees it’s hot and just turns on the AC. Here you have to ask for it like it’s a personal favour. That tells you everything.
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@DeepakSweeGlu @BullsDalal What is your capital ? Capital is note imp in options
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@ravihanda Dont misguide people , consider someone who retired in 2005 with 12lac corpus wich was 20x expenses it would have been run out already
Stop this foolish 5 % withdral or 20x corpus
FIRE IS 45x period
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5% is a far more realistic number than 4%.
The 4% rule is based on the unrealistic idea that you will make no adjustments to your lifestyle. Ever.
You will spend the same inflation adjusted amount at 75 as you do at 45.
These are unrealistic and frankly stupid assumptions. Anyone who is financially prudent will cut spending when going through a world war or the great depression.
You will travel less at 75 than at 45.
The 4% rule takes care of the WORST CASE scenario over the last century.
The median in the original study by Bengen was closer to 6%.
Bengen, the guy who made the 4% rule, himself advocates for 5% withdrawal rate today.
Kitces, Guyton-Klinger, and Ravi Saraogi back home have shown a much higher withdrawal rate is possible if you are willing to take a cut during bad times.
Retirement withdrawals are a really hard problem to solve. These "rules" are an attempt at giving an estimate.
Some folks take them to be sacrosanct because we don't want to think about it and want an easy solution.
They aren't.
You have more than enough.
You just need to plan a little bit better and be willing to make an adjustment every now and then.
theficouple@theficouple
In case you forgot: The 4% rule has survived: - The Great Depression - Black Monday - The dot-com crash - 2008 - COVID 100 years of data says take your expenses, multiply by 25x. Get there & you're free forever.
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@AckoDrive there was no communication that 3rd party PDI won't be allowed for bookings made through ackodrive
Now after booking and car is assigned dealer is not allowing 3rd party PDI and ackodrive RM is clueless worst experience again
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@SabadeAmrut Hi Amrut, I'd like to personally get this checked. Please be assured that I'll get back to you with an update. -Anvi
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Again worst experience with booking car with @AckoDrive till booking called continuously and gave false promises
And after booking no callback no updates had to call and speak to 10 different people to get update
@AckoDrive @acko
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