
Ramit Manohar Kaul
9K posts

Ramit Manohar Kaul
@ramitmkaul
मित्राणि धन धान्यानि प्रजानां सम्मतानिव । जननी जन्म भूमिश्च स्वर्गादपि गरीयसी ॥ सियावर रामचंद्र की जय Proud Indic. #DograKP For S/W testing @kaultester






















Old timers got it right. And when you're poor, you don't have much choice. So our parents, their parents, did what they thought best back in the day. Bought their house the hard way - slogging, saving, without home loan, borrowing from friends and family. Bought gold because gold is gold. Didn't understand stock market so stayed away. Bought an insurance policy because LIC is LIC and you get bonus. Look what it got them. Their kids got a home. That's the best security in a poor country. No home loan. They got the LIC policy. They got gold. All great products worth security and when you're poor, security means a lot. Sure they missed the Infosys IPO but they also missed so many scams. What did they do? They sent their kids to schools, colleges, and in a liberalised open India, these kids became VP, senior VP, in banks or IT firms and made more money than their parents and bought even bigger homes. And got very lucky with ESOPs. This is what education and economic reforms got for them. Now their kids. Gen Z. With the security of parents who worked in MNCs, in the comfort of their 4BHK in Lower Parel. They write long posts on social media about how old India didn't have choice and invested in "garbage" like LIC policies, FD, gold, etc. Whereas the cool way is to log on to an app and invest in an index fund. Sharam karo saalon. Your grandparents and your parents saw what the real India was. Have some respect. For likes and follows you're ignoring and forgetting what India used to be and how prior generations gave their best and came out with results they're proud of. Sharam karo.










