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    should i buy a 2.5 cr flat?

    @hallie4 The thumb rule for rents is that you should get 1% rent every month. Meaning, if you are paying 2.5CR, you should get 2.5 lacs every month as rent. That's the global thumb rule - and yes, there is leeway there because of market conditions. But in India, people pay 50k rent which is...
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    should i buy a 2.5 cr flat?

    @hallie4 You just got a new job. You say you are getting 50 lacs of stocks every year but that hasn't materialized yet. Because your portfolio is still only at 30 lacs which means you haven't even got 1 years worth of the 50 lacs yet. Honestly, it is your 50 lacs that is the key here. The rent...
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    How would you keep your losses at a minimum with vehicle replacement?

    @mc_squared That... makes a ton of sense. Thanks. I stand corrected.
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    How would you keep your losses at a minimum with vehicle replacement?

    @mc_squared Yes, but that's the truck driver's job. Here, you have someone driving 5 hours a day just to commute, and THEN working 9 hours a day.
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    How would you keep your losses at a minimum with vehicle replacement?

    @goodoldan I'm always amazed that there are people in America who drive 6000 miles a month, or 300 miles a day (assuming one is working 5 days a week). That's just an insane amount of miles. I just can't wrap my head around those numbers. And this is just the commute. I can't even imagine...
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    How to prevent surcharge?

    @resjudicata Because all office-goers have this arrogance, and this is rubbish logic. You live in a democracy. Your job and responsibility is not just to pay taxes but to hold your officials accountable, to vote, to raise your voice if big injustice happens etc. Like, I don't even understand...
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    How to prevent surcharge?

    @johnnathanturner1989 Because all office-goers have this arrogance, and this is rubbish logic. You live in a democracy. Your job and responsibility is not just to pay taxes but to hold your officials accountable, to vote, to raise your voice if big injustice happens etc. Like, I don't even...
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    How to prevent surcharge?

    @jacquelineblessedangel Please just stop it. When was the last time you went to your local MLA to demand something or find out how a program is taking place?
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    Am I doing fine?

    @cryssy That's exactly the FOMO and greed that gets people to suck out all their savings and put it in a house loan. Because there's an ingrained belief that prices of apartments will keep going up to infinity and beyond. Here's my two cents on this subject. Try to think deeper on exactly WHY...
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    I am 24M. Am I too stingy? Need your advice

    @ajewelinhiscrown Fair enough, but I still fail to see the point of the post. You're saving a bunch of money because you live in your parents' house and have very little financial overhead. This has nothing to do with your "relationship with money". This is simply your ability to save more...
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    I am 24M. Am I too stingy? Need your advice

    @ajewelinhiscrown What should scare you is the fact that a tiny fraction of the people who apply for CAT actually get through into a top notch MBA college. Your reasons of high fee and opportunity cost are absolute nonsense. If you crack the CAT and get into a good MBA college, your salary...
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