software engineer
2K posts
software engineer
@swenginer4
50-50 allocator, 30% + income tax payer.
India Katılım Aralık 2021
187 Takip Edilen48 Takipçiler
Timing is so so critical in most things, more so in politics. Chiranjeevi was a way bigger star in Andhra than Vijay is in TN, but his timing was terrible and he did not run an honest party or a campaign. sold tickets. Chiranjeevi lost his own seat in the assembly elections.
English
@BaluGorade If you have watched mahesh babu movie no need to watch Vijay's movie all are mahesh babu movie remakes
English
Not a big fan of movies.
I haven't watched a single film of Vijay.
Given the craze, maybe it's time to watch a few.
English
@Vivek_Investor I don't know about 40 crores. Good financial planners are suggesting 60:40 asset allocation and 10% post tax return on equity and 5% post tax return on debt.
English
Then, how can one make 40 crore before 60 years? 😥
Gurjot Ahluwalia@gurjota
If your financial advisor told you Nifty gives you 12% CAGR, they lied to you. If your retirement planning is based on Nifty giving 12% CAGR, you're in for a rude shock. Returns in next 15-20 years are likely to be same or lower than the past. Plan wisely.
English
@IndiaNewGen @BaluGorade Either it is not kids or two kids.
English
@IndiaNewGen @BaluGorade Frankly no I am 37 , my friends all are looking for second kid because first kid is feeling alone. This mistake done by elder brother generation ie 42-50 years is being rectified by our generation.
English
DISK - Dual Income, Single Kid
Feels like this is becoming the most common setup going forward.
English
@realhyderabad86 @InvestorOfJAMMU I don't expect any return from kids but no point of having kids if you cannot raise them with all comforts. At least that should be a personal goal, what I suffered in my childhood, my kids shouldn't suffer, those problems should be 1000 km away.
English
@InvestorOfJAMMU Never understood where the expectations from kids emerged. May be because many had tough lives and kids felt like security!
I don't think anyone from this generation expects returns from kids. It is very weird
English
I fully support people with DINK idea.
Because what is the guarntee that your kids will take care of you in your old age, specially boys??
English
@DealsDhamaka instagram.com/reel/DW-5KsYDw…
You will like this
English
Today I realized:
Some of us are just trying to make our younger self proud
That kid with simple dreams and big hopes… somewhere along the way, we lose sight of them.
The path slowly becomes the goal, and we keep chasing, without asking why.
Maybe it’s time to pause… and remember what truly mattered.
English
English
📢 Big changes to EPF rules, do you know how they affect you?
The EPFO has updated its withdrawal rules, and most salaried employees have no idea what's changed (or what hasn't).
We're hosting a FREE live webinar on 30th April, 8–9 PM to break it all down:
- New withdrawal rules, what's actually changed
- Your maximum withdrawal eligibility
- What remains unchanged (don't get misled)
- Should you withdraw your PF right now?
Joining us are @absolutely_KJD (Business Head | PF Expert at @askfinright) and @ActusDei (Editor in Chief, @thefynprint) two people who've spent years decoding the fine print of Indian personal finance.
📍 Online | Live Webinar
🎟️ FREE to attend | Recording available for subscribers of Thefynprint
Register now → thefynprint.com/webinars/69df6…
#EPF #ProvidentFund #PersonalFinance #Investing #EPFO #Webinar #thefynprint #FinancialPlanning
English
@DealsDhamaka Rather than requesting ppl from abroad to come back , we should motivate the ias to do more. In my perspective they are way more talented than ppl in abroad as they grind and beat big competition in India to be IAS, ppl in abroad just escaped the heavy competition.
English
Dear Sridhar Sir,
I’m writing this from Chicago, and I have deep respect for you, but I also want to share a lived perspective from many NRIs who chose to stay abroad.
For most of them, it’s not just about earning more money, not any more. That’s a very small part of the story. The real reasons are the quality of everyday life and systems that work more consistently:
- lower day-to-day corruption
- less dependency on “connections” for basic services
- stronger safety nets during emergencies
- better civic discipline
- cleaner cities and better infrastructure
- roads without constant stress and unpredictability
These are not luxury factors, that is just daily living in very fundamental ways.
What is their incentive for them to return back ? How long will we just keep pushing the narrative of the homeland?
Many of them didn’t “leave India behind.” They simply built a life where the system around them allows more predictability and stability.
And to be honest, those of us who stayed back in India like you and I did so by choice too. We can choose to work on improving what’s broken here, instead of framing it as something that can be solved by asking people to return.
Both paths matter. Both contributions are valid.
Sridhar Vembu@svembu
Open letter to Indians in America. -- Dear brothers and sisters from Bharat: Like I did 37 years ago, you arrived in America with no money but with a good education and cultural heritage from Bharat. You achieved outstanding success. America was good to us. For that we must remain grateful - gratitude is our Bharatiya way. Yet today, a significant number of Americans, may be not the majority but not too far from it either, believe that Indians "take away" American jobs and our success in America was unfairly earned. You may think the next election will fix this, but your choice would be between people who hate our Bharatiya civilisation and people who hate civilisation itself. That is the "hard right" vs "woke left" battle. You are mere bystanders to that conflict. Meanwhile there is one thing that is true now and will be true in the future: the respect Indians command world-wide will substantially depend on the fortunes of India herself. If India remains poor, the woke left will give us moral lectures with pity and the hard right, different moral lectures with scorn ("hellhole") and we must not confuse either with respect. Respect in today's world, along with prosperity and security, comes from one source: a nation's technological prowess. India produces sufficient brain power to achieve that prowess but alas we exported so much of that talent, particularly to America. As we develop that prowess in India, our civilisational strength will assert itself. As difficult as it is for many of you to contemplate this, please come back home. Bharat Mata needs your talent. Our vast youthful population needs the technology leadership you gained over the years to guide them towards prosperity. Let's do it with a missionary zeal. Respectfully Sridhar Vembu
Chicago, IL 🇺🇸 English
The phenomenal success of Prestige Group in outer corridors and the decent response to My Home Group Udyan say something powerful.
Buyers are willing to go a bit farther from prime areas…
If the product is reliable, branded, and trusted.
That is a deep shift.
High density has also been accepted by the market when builder confidence is strong.
Another signal:
Launches in Neopolis, near Raidurg, or close to Kondapur are no longer creating the same loud buzz.
The noise has moved to sub-₹2 Cr ticket sizes.
That usually means the next demand wave is changing shape.
My read for the next couple of years:
Established developers may increasingly launch sub-₹2 Cr products with better branding, financing comfort, and scale.
Because markets always chase where real demand exists.
And right now, real demand looks more mass premium than ultra premium or luxury!
English
@IndiaNewGen @BaluGorade I differ in 6 months IT companies will have more contracts to build custom software using ai. SAAS death and IT death are mutually exclusive events. There is more chance of SAAS death. Leadership at top will more keen to build than buy saas.
English
@BaluGorade It's tip of the iceberg. In next 2-3 years, more than 50% will wiped off.
Indian service based companies will suffer the most.
English
Reading some bad news
> Meta is cutting 8,000 jobs & closing 6,000 open roles
> Microsoft is offering voluntary retirement to 7% of its US workforce
> KPMG is cutting 10% of its audit team
> Nike is laying off 1,400 employees
The trend is clear. AI is leading to fewer jobs.
English
@DealsDhamaka I am not talking about share price here. There will be huge business coming to IT players to build custom software using ai, I am guessing 6 months away. Leadership at top will have to again evaluate build vs but. SAAS death and IT death are mutually exclusive. SAAS death 90% .
English
People on this post are commenting as if IT will become Zero … 0️⃣
Chill guys, let’s meet in 3 years. 📌
Vineeth K@DealsDhamaka
Excellent day to load ITBEES Don't have money now, but I believe this phase would continue for a while #Investing
English
I am joyed to share that I have been blessed with a Son 👶.
It is hard to put these feelings into words. But I am already feeling more responsibilities on my shoulders.
One of the best days of my life 🙂.
English
@IndiaNewGen It is good a lot of non cs graduates will be out from this system
English
IT headcount shrinking.
In last 25 years, I worked in this Industry & closely observed how IT shaped up India's growth story.
World needed cheaper human resources, we provided.
It's not the case anymore. India hasn't arrived now. India arrived & over now until major reforms done.
English
@Iamsamirarora All you people @amfiindia, @ActusDei and @SEBI_India completely failed the investors . You couldn't convince rbi to increase overseas limit and all fund managers are giving gyan in twitter. Just learn from your counter parts insurance heads how to do lobby.
English
One follow up question- so if a fund launches an international fund/PMS does that mean they dont have to raise these issues.
You gave the so called "much celebrated fund managers" a big platform but never thought of asking these questions-all these years.
Neil Borate@ActusDei
I did something smarter than questions. I launched a series in Mint raising awareness about global investing. Now at @thefynprint we actually help people with it. Not just talk, action! youtu.be/tSUR3GiMwGo?si…
English
@RJGyanchandani Till 1 crore never bother about asset allocation, after that plan any thing
English
There is no point in focusing on returns until you have built a sizable corpus.
Anyone with a corpus below Rs. 25-30 lakhs should purely focus on capital accumulation rather than returns.
Low returns on Large corpus is still better than High returns on Small corpus.
Read that again.
English
@DealsDhamaka Parag large cap fund - 70%
Icici nasdaq index - 30%
As simple as you can get.
English
My active SIP funds
- PPFAS Flexi Cap
- Helios Flexi Cap
- Zerodha Nifty LargeMidcap 250 Index Fund
What are you doing ??
I will add arbitrage over next 3 months, once I get some money.
#Investing
English
@suru27 That number is absolutely wrong , they are more people than that. Don't go by official income tax statistics.
English
There are 871000 out 140 Cr population with a net worth of Rs 10 Cr+. Thats less than 0.1% of the population . As per this gentleman, this is called crowd.
That way even if you are in top 100 and all sitting in a room. Oh my god, 100 people in one room. It's crowded.
Rest to each, his own. Greed has no end for various reasons.
English
India attracts only ~9 million foreign tourists a year which is roughly the same number as annual visitors to the Louvre alone. Vietnam, a far smaller country, attracted more than double this number last year. Why does a country of our scale and tourism potential remain such an underperformer on the global tourism dashboard?
English