| Author | Message | ||
     Maverick Legend Username: Maverick Post Number: 51693 Registered: 01-2008 Posted From: 70.39.176.36 Rating: N/A |
why dont u shift to dcu..1.24 istadu..enta taggina tagginatte.. Happy Vizag | ||
| Jalsa Megastar Username: Jalsa Post Number: 24376 Registered: 02-2008 Posted From: 47.20.5.96 Rating: N/A |
Thanks raju goru. | ||
| Jalsa Megastar Username: Jalsa Post Number: 24375 Registered: 02-2008 Posted From: 47.20.5.96 Rating: N/A |
Year beginning lo mothham deductibles meet ayipothayi brother. Naaku vachey bills, hugee amount okkasaari ga raaavu, monthly recurring untai. During the beginning of this year, when my daughter got discharged, I had to bring her in a ambulance to home, so that bill itself was ~2K, as they were out-of-network apparently. Then 3 other emergency visits ki ambulance payments, then early intervention for both girls ki payments, and recurring monthly medications/supplies for the little one, they add to quite a bit every month. | ||
| Jalsa Megastar Username: Jalsa Post Number: 24374 Registered: 02-2008 Posted From: 47.20.5.96 Rating: N/A |
That's fine. No, I took a low deductible plan from the only two available options. I think I am contributing to that too along with some amount that the company pays us for wellness programs. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1901 Registered: 12-2013 Posted From: 75.108.213.246 Rating: N/A |
most useful thread.. saved! thanx everyone for contribution..OkaHyd  | ||
| Pipeline Side Hero Username: Pipeline Post Number: 9347 Registered: 05-2009 Posted From: 161.141.1.1 Rating: N/A |
6 to 7 months lo I will be done with my mortgage, can't wait | ||
| Pipeline Side Hero Username: Pipeline Post Number: 9346 Registered: 05-2009 Posted From: 161.141.1.1 Rating: N/A |
 gooba guyyi mane debba thagile chances kooda vunnayi. there is no single solution to this. okahyderabadi brother cheppinadi mostly right | ||
| Ustad Hero Username: Ustad Post Number: 19050 Registered: 07-2008 Posted From: 172.249.154.102 Rating: N/A |
Jarra detail ga cheppu bhaiyya. Strength is the product of struggle, you must do what others don't to achieve what others won't - Henry Rollins | ||
| Ustad Hero Username: Ustad Post Number: 19049 Registered: 07-2008 Posted From: 172.249.154.102 Rating: N/A |
Nenu single ga set chesa. Strength is the product of struggle, you must do what others don't to achieve what others won't - Henry Rollins | ||
| Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 27093 Registered: 02-2009 Rating: N/A |
single | ||
| Gotcha Hero Username: Gotcha Post Number: 16293 Registered: 02-2008 Posted From: 166.137.88.162 Rating: N/A |
Property tax chinna vishayam kaadu u can never retire till u can afford property tax from ur retirement income This Andhra real estate is for sale. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4384 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
tammud if you can afford to move around and still make good money and save enough for your kids study and your retirement - then nothing like it. I do not take unnecessary risks when I can make a good living with the means that I have. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Maharshi Side Hero Username: Maharshi Post Number: 3890 Registered: 02-2008 Posted From: 170.146.220.22 Rating: N/A |
nuvvu unkul ni ragging aapu .. avesam lo manchi decision tisukonela unnadu. Chinna chinna credits ni daachi unchukone type kaadu ani unkul inner meaning  | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4383 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
If you can get it on your name no need to include your spouse, that way even if you mess up(just in case) your spouse credit history is good  In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Gotcha Hero Username: Gotcha Post Number: 16292 Registered: 02-2008 Posted From: 166.137.88.162 Rating: N/A |
Okahyd Its not statistic its reality. I feel man always wants better and bigger things. I would be surprised if there is no 'want' to move to another house. It can be even like for good weather orbigger house This Andhra real estate is for sale. | ||
| Risingstar Legend Username: Risingstar Post Number: 32637 Registered: 08-2008 Posted From: 192.175.182.94 Rating: N/A |
inthakee first home buyer loan couple ga theesukunte best aa single best aa? Reddy is not casete "its way of life" - Gootle annai on Sunday 29th March 2009 | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4382 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
wrong perception,there is no need to move to a new home every 5-8 years, ofcourse lot of people quote statistics on this, unless you are moving to a different city I would not do it In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4381 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
yes, had got my original investment which was 10% of the land value at that time. dont go for big mortgage homes, go for smaller ones that can fetch you 300-400 a month after all expenses, that way you can buy couple instead of one and there are good tax shelters that can be used for this. If you dont need a big home move to the smaller one and generate income on the others and invest them In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Rebel Hero Username: Rebel Post Number: 12104 Registered: 02-2008 Posted From: 151.151.109.16 Rating: N/A |
idi ela undante u pay income tax nuvvu chese job ki..tax kadtunnav kabattinuvvu jobless anattu undi.. property tax is not debt it's a tax like income,sales etc. okahyd 15 yrs nunchi ade house lo untunnadu...not 7 or 8 yrs | ||
| Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 27092 Registered: 02-2009 Rating: N/A |
enti mortgage done aa..100% DP aa | ||
| Gotcha Hero Username: Gotcha Post Number: 16291 Registered: 02-2008 Posted From: 166.137.88.154 Rating: N/A |
Debt free house in isa is never debt free, u still have to pay 1000$ per month property tax. Most of them never live in same house for more than 5 to 8 years. So I still dont understand why u want to payoff. Consider in india a paid house is debt free maximum u pay is 8000 rupees per year. So worst case u can live without debt in india This Andhra real estate is for sale. | ||
| Rajusk Legend Username: Rajusk Post Number: 31499 Registered: 02-2008 Posted From: 170.74.55.81 Rating: N/A |
ante ippudu appu ledane kada..meeru seppedi.. meekenti..Vizag lo oka flat ammu..Vomerica lo oka House konu.. | ||
| Maverick Legend Username: Maverick Post Number: 51690 Registered: 01-2008 Posted From: 70.39.231.183 Rating: N/A |
wife peru meeda new home..she is not in my current mortgage..first time buyer credits avi ettesaru..rent ki icchinattu bank ki cheppakarledu..all bank needs is payment. Happy Vizag | ||
| Siloan Legend Username: Siloan Post Number: 42365 Registered: 03-2008 Posted From: 132.174.20.41 Rating: N/A |
first time buyer credit and avevo benefits raavanta kada? also rent ki ichhettu aithe..evo clauses vuntayani annar | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28558 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
what hapnd to your land?Jaggad Kabjad? | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40093 Registered: 02-2008 Rating: N/A |
s'ly ninnu annaledu annai.. general ga evari priorities vallavi ani cheppenu.. nen bhi nee type ee appu unte adi teerche varaku nidra attadu.. | ||
| Maverick Legend Username: Maverick Post Number: 51688 Registered: 01-2008 Posted From: 70.39.231.183 Rating: N/A |
existing home rent ki ichci inkoti konatam meeda mee opinion. rent covers mortagage + plus oka 100-300 extra ravachu sort building rental properties Happy Vizag | ||
| Gotcha Hero Username: Gotcha Post Number: 16290 Registered: 02-2008 Posted From: 8.19.193.14 Rating: N/A |
one more thing I defere with u. i used to think like that. I am in top 3% of good credit score rating, daani valla nai paisa upayogam ledu if u don't borrow money ani ardam ayindi. if ur a conservative u think to clear a debt if u r entrepreneur and willing to take risks u use ur debt. This Andhra real estate is for sale. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4378 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
 mr jaggaIn history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4377 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
life style may not be jazzy not living in total denial - i dont own a luxury car, for me car is a way to get from point A to point B safely and comfortably. I can say that have never denied my kids or family anything, minor adjustments here and there can take you far.We enjoy atleast one family vacation each year, my parents are too old to travel so I visit them once a year. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Sanju Junior Artist Username: Sanju Post Number: 178 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Thanks for the detailed post Brother! | ||
| Siloan Legend Username: Siloan Post Number: 42357 Registered: 03-2008 Posted From: 132.174.20.41 Rating: N/A |
MN DN qota lo ani sheppinattu vunnar kadha | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4376 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
first 8 years just kids college savings, plus india lo plot(kabzafied), last 7 years ga total investments. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4374 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
yes most of it goes now towards their college fund In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4373 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
In the 5 years you owned the home if you had paid an extra payment each year you would have saved 2+ yrs on your mortgage straight away. ok coming to investments kids study expenses: Since we are better income we do not qualify for Pel grants(for low income people) so we need to fund kids education ourselves (ofcourse scholarships are there but those are increasingly tough to get) Strategies: - sports scholarships - extra credits at school levels to reduce huge fees in UG - savings in education plan Brought a home one year after I started my full time job. ~300000 is not in NE, I am in MW. - Started off by paying 300 in to my first kids education plans (with home mortgage and all other expenses) three years later the second kid followed and i started saving in to the kids education all through. - With a salary increase that happened, I started using that extra money to pay extra towards mortgage, refy to a lower interest rate added couple of hundred to the pool which I ended up adding to the extra payment to principal. - Whenever I had a chance to take up extra work that paid I did that - the plans have become better now, investment opportunities were not that great 15 years ago when i started, so continuous evaluation and shifting investment vehicles couple of times also helped. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Wellsfargo Comedian Username: Wellsfargo Post Number: 1631 Registered: 06-2012 Posted From: 183.82.17.89 Rating: N/A |
US lo evedaina(not jus parents) neeku 13k/year daka gift ivvocchu tax lekunda. Multiple people kooda ivvocchu 13k each. Kaani problem enti ante India lo black money ni white loki, aa white ni dollars loki ela cheyyali anede major question. Koncham long cut way undi daniki. In India the gains that you get on real estate etc should be first calculated based on indexed inflation. so some money can be whitified that way without paying taxes. The second concept is wealth building. India lo chala mandi chala vatiki cash vadutharu. Even mana parents kooda. Gold purchases ki kooda cash vadutharu. Keep a log of all the income sources that you and your parents have from past 10 years. subtract the traceable expenses like checks, credit/debit card usage. If you made a gold purchase without a proper receipt, account the purchase as if it was done in June 2003 when the gold price was at its lowest level. Now you will see a huge amount of money that you have used as cash. In reality you may have spent all of that but from a bankers point of view, that is all your money that you did not spend. Take out 20% of it and you can easily deposit upto 80% of that money in the bank saying that it is your personal finance. Also try to pay everything by cash on all transactions. This will help in your wealth build up. Oka CA cheppadu. concept bane undi kaani implement chese antha discipline unte ratri 1.45 ki DBing cheyyanu | ||
| Tombrady Megastar Username: Tombrady Post Number: 20728 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
quincy market opposite or bny mellon building pakkana | ||
| All_day Comedian Username: All_day Post Number: 1609 Registered: 06-2012 Posted From: 107.0.27.252 Rating: N/A |
downtown lo ekkada? The Only Thing We Have to Fear Is Fear Itself - FDR | ||
| Tombrady Megastar Username: Tombrady Post Number: 20726 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
kattam vuncle job downtown la..NH ante tadisipoddi..akkada rates going up anta mari | ||
| All_day Comedian Username: All_day Post Number: 1608 Registered: 06-2012 Posted From: 107.0.27.252 Rating: N/A |
Move to NH i say. The Only Thing We Have to Fear Is Fear Itself - FDR | ||
| Maharshi Side Hero Username: Maharshi Post Number: 3889 Registered: 02-2008 Posted From: 170.146.221.27 Rating: N/A |
vammo..asale depression tho post esthe ee ragging enti  Oka hyd kurrodu emi anni manesukoni save cheyamani cheppatledu kada ..planning sesukondi sakkaga chindaravadaraga unna intini ani chepthunnadu . Maa mental unkul danni approve chesthunandu . | ||
| All_day Comedian Username: All_day Post Number: 1607 Registered: 06-2012 Posted From: 107.0.27.252 Rating: N/A |
mee vastu kenti problem? 2 jobs, wfm, haapy gaa enjoying ee gaa? The Only Thing We Have to Fear Is Fear Itself - FDR | ||
| Sanju Junior Artist Username: Sanju Post Number: 177 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Got it! | ||
| Maharshi Side Hero Username: Maharshi Post Number: 3888 Registered: 02-2008 Posted From: 170.146.221.27 Rating: N/A |
chinna correction : manam old ayekaa behind tirigu chusukuntee..memories tho paatu appulu untayi ..kaani dabbu undadu | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40092 Registered: 02-2008 Rating: N/A |
mandu lo names gurthu etukolekapoyem madam.. oka BMW kids tho tiragataaniki, sports car for per use and per lunches, sedam with inlwas type lo edo setting chesedu kurrod.. | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40091 Registered: 02-2008 Rating: N/A |
m'rishi fullll enjoooy.. luxyry cars, designer ware.. weekend pubs/bars abooooo tana rangeee ee veru le.. | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28555 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
list plzz..nenu miss ayya | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1878 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
edi mallo sari pettandi saar list. | ||
| Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 27091 Registered: 02-2009 Rating: N/A |
aa roju cars list edho seppad...naa kaada ray ban, oakley, prada unnayi type lo | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28554 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
yep..edho mana vasthu baagoka eeda thiruguthunnam kaani..ee threads choosi depression ki eppudo oka appudu salthi lu kooda lesetattu unnaaye | ||
| Tombrady Megastar Username: Tombrady Post Number: 20720 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
idi kooda oka point ee...anduke mix and match cheyyali mottam save chesukoni 60 yrs money osthe eti chesukonu picha lite annattu india lo 1 cr land vundi emi labham ikkada luxry ga batakapothe | ||
| Wellsfargo Comedian Username: Wellsfargo Post Number: 1630 Registered: 06-2012 Posted From: 183.82.17.89 Rating: N/A |
contribute to the maximum permissible limits.. Teliyakunda papam periginattu peruguthayi.. | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40090 Registered: 02-2008 Rating: N/A |
nuvvu ee luxury cars ni ammite nee house kuda payoff cheyochu.. nuvvu life ni enjooy chestunnavu.. ee thrd lo kurrol savings lo buzy.. manam vold ayekaa behind tirigu chusukuntee.. dabbu untaadi .. memories emi undavu.. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20719 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
boston la 300k ki illu osthe entha bagundoo | ||
| Maharshi Side Hero Username: Maharshi Post Number: 3887 Registered: 02-2008 Posted From: 170.146.220.23 Rating: N/A |
Btw Okahyderabadi & Menta unkuls , very good financial tips and analysations ... Chadavataniki oohionchukovataniki bavunnayi , ofcourse seyyagaligithe inkaa super | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40089 Registered: 02-2008 Rating: N/A |
20% down chesi untaaru kada siginig appudu.. so 80% in 8yrs not bad cheyochu.. inka emi investments lekapothe.. | ||
| Maharshi Side Hero Username: Maharshi Post Number: 3886 Registered: 02-2008 Posted From: 170.146.221.27 Rating: N/A |
kurrodi planning la undi unkul ..emi sestham.Ilanti thread loki raakudadu , vachina depress avvakudadu anukunta ..kaani ccdb buddi oorukodu | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1877 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
House was a new home - ~300k Mortgage time: 15 years Net Int rate : 4.4 Time it took: 8 yrs | ||
| All_day Comedian Username: All_day Post Number: 1606 Registered: 06-2012 Posted From: 107.0.27.252 Rating: N/A |
Edava nasa, eppudu dabbulu godave. The Only Thing We Have to Fear Is Fear Itself - FDR | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40088 Registered: 02-2008 Rating: N/A |
annai thrd motham sadagaledu.. enta mort enni yrs lo payoff chesevu.. | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 40087 Registered: 02-2008 Rating: N/A |
3500 ki hole motham exps aa.. .  | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1876 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
ninna doctos theduu lo evaro deeniki link icharu sudandi.. | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28553 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
FT vallaki antha enduku avuthaaye..also his mortgage paid off. | ||
| Sachin Legend Username: Sachin Post Number: 37139 Registered: 04-2008 Posted From: 208.78.147.194 Rating: N/A |
avunaaa...rent and health insurance 2300 avuthunnayiga saaami.... | ||
| Sanju Junior Artist Username: Sanju Post Number: 176 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Mortgage lekunda antey ekkuvey nemo? unless most ot is going to kids education funding | ||
| Sachin Legend Username: Sachin Post Number: 37138 Registered: 04-2008 Posted From: 208.78.147.194 Rating: N/A |
ammani adi maxaaa.... | ||
| Sanju Junior Artist Username: Sanju Post Number: 175 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Brother, I see you are saving for kid's education. How did you calculate the future collage cost? | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4369 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
My monthly expenses are around $3500 max This include - real estate taxes on home - home insurance - utilities - groceries - kids education funding - gas - extras - extras extras rest is free for investment In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28552 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
ledhu..if i am not wrong mortgage paid off for his first home. Second home no clue | ||
| Rebel Hero Username: Rebel Post Number: 12097 Registered: 02-2008 Posted From: 151.151.109.16 Rating: N/A |
simba vaastu prakaram mortgage payoff cheyledu kabatti invalid ani basky seppadu (nenu jump) | ||
| Sanju Junior Artist Username: Sanju Post Number: 174 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Brother, do you always pay these in full? Reason I am asking is, I get these too on monthly basis and are mostly from one provider. I just take a payment plan and pay in a year or so. they don't add interest on the balance and they usually extend them for a max of 18 months. | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34363 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
postoofice lo agents kookuntaru. thru them open account. banky aithey inperson rammantaaru kachitamga. kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Nanigadu Hero Username: Nanigadu Post Number: 13033 Registered: 02-2008 Posted From: 32.97.110.61 Rating: N/A |
@Rajusk:neeku forward sestha oka copy ---- naku bhi sendandi oka copy plzg | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28550 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
Simba kooda | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 5894 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
>>>payoff ur mortgage early this is my goal too...will be working on this extensively from this year. | ||
| Rebel Hero Username: Rebel Post Number: 12093 Registered: 02-2008 Posted From: 151.151.109.16 Rating: N/A |
finally i found one guy - okahyd..dare to be different payoff ur mortgage early - this is my mantra - nuvvu chesi chupinchav | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1869 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
enti idi oo light eyandi? | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4366 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
same questions as posed to Jalsa, if you can answer we can see how you can invest, since you own home , how much approx you pay and how much is left (how is your home appreciating). In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34358 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
agent thru po. ee madhya agency commision tesesar. but if u can MANAGE , its doable. kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Rajusk Legend Username: Rajusk Post Number: 31488 Registered: 02-2008 Posted From: 170.74.55.81 Rating: N/A |
ninna Doctor disco ni copy sesi..e-mail sesukonna.. idi kooda sesi..e-mail sesukonta..neeku forward sestha oka copy btw..Biryani kurrod joined your club... | ||
| Rajusk Legend Username: Rajusk Post Number: 31487 Registered: 02-2008 Posted From: 170.74.55.81 Rating: N/A |
vindia lo unnappudu cheyyali ee pani.. ade eppudu jaruguthundi anedi teliyatledu.. konni atla pending tasks unnai.. | ||
| Sanju Junior Artist Username: Sanju Post Number: 173 Registered: 02-2008 Posted From: 208.178.195.218 Rating: N/A |
Brother, US lo debts only mortgage and car payment vunnai. Savings lo antey 401k vundi. kids collage saving entha cheyyali? Investments antey DB lo stocks threads dwara inspire ayyi konchem invest chesthunna monthly inko investment antey lending club lo kontha invest chesa. inkemanna ideas vuntey cheppandi... | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4365 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
some questions so we can see the options Is your income stable ? Do you own a home or rent? How much car loan (apprx payment)? what other payments you have (apprx) How much savings you can have after these? do you have your reserves (monthly expenses times 6 months) ? Determine your networth : sorry to hear that,hope they are just normal expenses, are they because you took a High deductible plan? These is a good opportunity for this, you can use the HSA program and put in tax free dollars in to this, unlike the FSA if unused this money rolls over and accumulates, but if you want to take out you might have to pay penalty. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Jalsa Megastar Username: Jalsa Post Number: 24371 Registered: 02-2008 Posted From: 159.53.174.142 Rating: N/A |
mastaaru, okka car loan thappithey emi debt ledhu. savings unnai. Don't know where to put money. Just started some amount in stocks. Expenses anukoni angle nunchi vachhi kummuthunnai, every month. And when they come, they are recurring for months, mostly medical. Investment suggestions emunnai? Only US. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4363 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
maximum save in to income generating assets and try to be debt free In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Jalsa Megastar Username: Jalsa Post Number: 24369 Registered: 02-2008 Posted From: 159.53.174.142 Rating: N/A |
olaina motham discussion ni, okka post lo summarize cheyandi... | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34353 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
meeru citizen ye kadhaaaa desam ki. so open jeyyinchandi. but if ur us citizen, haaandsssuppp kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4362 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
If you reside in US you are considered Tax liable irrespective of your immigration status In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34352 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
everyyear change avutundi as per budget govt policy. now its around 8.8 to 9% for current year. okapudu 11 12 kooda. it depends on inflation, etc taken into. kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4361 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
you may be right, I need to check with my CPA "Tangible personal property includes cash. The IRS may consider the gift of a check physically transferred to the donee in the United States to be a gift of tangible property situated in the United States. Gifts of cash by foreign nationals not domiciled in the United States can avoid U.S. gift taxes if structured properly. Such gifts should always be transferred outside the United States. For example, a transfer can be made from the donor's foreign bank account to the donee's foreign bank account. Although such transfers may avoid U.S. gift taxes, the transfer may be subject to foreign gift taxes. The United States has gift tax treaties, either separate or in combination with estate tax treaties with the following countries: Australia, Austria, Denmark, France, Germany, Japan, Sweden and the United Kingdom. These treaties may eliminate the U.S. gift tax on certain transfers that are otherwise subject to U.S. gift taxes under the Code. An exemption from gift tax under a treaty is made on a gift tax return. The applicable treaty must be analyzed for application to the transfer. In answer to the above question, as long as the gift is from a foreign national not domiciled in the United States and the asset transferred is non-U.S. situs property. If the gift is subject to U.S. gift taxes, a gift tax treaty may avoid gift taxes. - See more at: http://corporate.findlaw.com/law-library/u-s-tax-rules-can-a pply-to-inheritances-and-gifts-from-abroad.html#sthash.STFwa uTL.dpuf" In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Rajusk Legend Username: Rajusk Post Number: 31486 Registered: 02-2008 Posted From: 170.74.55.81 Rating: N/A |
ee Aliens lo pacha patram leni vallu kooda vastara ? | ||
| Rajusk Legend Username: Rajusk Post Number: 31484 Registered: 02-2008 Posted From: 170.74.55.81 Rating: N/A |
ee mukka 7 years back seppochu kada..thokkal ICICI Prulife lo irukonnam | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4360 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
ok you were referring to provident fund in india, not sure how much they are paying as return. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Tombrady Megastar Username: Tombrady Post Number: 20718 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
income is diff. kada vuncle assests meeda? aa assests meeda income osthe you have to declare i guess | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34348 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
guruvugaru itta adigithey em septham. mee RANGE veru ani artham ayyindi. nannu oggeyyandi.. kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Maverick Legend Username: Maverick Post Number: 51680 Registered: 01-2008 Posted From: 70.39.231.183 Rating: N/A |
avunu mastaru..we have to report. if you buy some fixed assets say a house where ur parents live. why would it generate income to report? only whne one sells it they get income, which they would pay tax and get into usa..where does it say report assets? Happy Vizag | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4359 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
I think I should give this a good read http://corporate.findlaw.com/law-library/u-s-tax-rules-can-a pply-to-inheritances-and-gifts-from-abroad.html In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Nepatriot Junior Artist Username: Nepatriot Post Number: 280 Registered: 11-2013 Posted From: 147.85.172.6 Rating: N/A |
Same pinch.. Jai JanaSena | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4358 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
Federal law requires U.S. citizens and resident aliens to report any worldwide income, including income from foreign trusts and foreign bank and securities accounts. In most cases, affected taxpayers need to fill out and attach Schedule B to their tax return. Certain taxpayers may also have to fill out and attach to their return Form 8938, Statement of Foreign Financial Assets. http://www.irs.gov/uac/Newsroom/IRS-Reminds-Those-with-Forei gn-Assets-of-U.S.-Tax-Obligations In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4357 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
koddiga light veyandi what is PPF? In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4356 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
makes sense, circumstances are different for each person. As I said it makes more sense for people planning to stay in this country to build their assets - there could be different perspective like Maverick has on this as well. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34344 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
assuming 4 members in family(2 kids) , 1 lakh per year tosina, after 15-18 yrs CRORE lo telacchu...family wise.. kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 864 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
you mean on tax return? mana peru meedha unna assets kuda declare cheyyala? i thought we have to report only income? | ||
| Basky_indya Legend Username: Basky_indya Post Number: 34343 Registered: 10-2007 Posted From: 49.204.135.194 Rating: N/A |
mundhu family mothaniki each PPF account open jeyyandi. This returns are TAX FREE ,INTEREST FREE and WEALTH TAX FREE. EXEMPTED from any ATTACHMENTS. This is only for Indians. NRI status ki maarina kooda , still Account is valid. But NRI status unte OPEN cheyyaru account. you may open in any LOCAL govt BANK and pay thru ONLINE mechanisms from anywhere kRUshITHO nAsthee dURbhikSHAM!! JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu.. MASTER BLASTER 'Sir' SACHIN TENDULKAR FANS ASSOSIATION YOUTH PRESIDENT.. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20717 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
APR vundi kada..that evens out the savings also...when you have cash back 5% you spend more also mentally we feel we are getting good bargain on the stuff we don't need in the first place | ||
| Saint Legend Username: Saint Post Number: 36496 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
yes uncle....ee market lo kabatti ila risk cheyyagalam! ade 2008/2009 lanti times lo iteh cheyyalem kadaa..! in case malli 2009 repeat ithe, hands up cheppesi jai bolo india anukotame! its a unsecured loan u know unlike home mortagage!! ante manam chestham ani kaadu....that is also an option u know ani naa meaning! in normal conditions, even if u loose job, u can get it in less than 2-3 months...2-3 months manage cheyyagalam ani naa yokka opinion!!! US lo manam entha kalam job lekunda vunnam anedhi past history ni batti choosthe telisipoddi kadaa!! | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4355 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
this is key In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4354 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
Its a good strategy but highly risky as your payments are dependent on your job so its all about risk tolerance In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Saint Legend Username: Saint Post Number: 36494 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
ela mastaru? oka RE investment ante emankuntunnaru? 1 year savings maha ithe 12L-15L range lo vuntayi! (single pay cheque gallaki) adi taggipotame kaani peragatam vundadu kids perige koddi! (unless 1 pay cheque becomes 2 or billing rates increase iteh tappa) 12-15L ki emi vasthadi? 1 year save chesi tarvatha 1 acre kooda konalenappudu anubhavinche badha vuntadi choosaru.....!!! | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14840 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
its an exciting book, but not everybody is capable of doing it. its just ONE way of doing it. evari strengths ni batti vaalu mundhuku povaaali. | ||
| Maverick Legend Username: Maverick Post Number: 51679 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
gift, inheritance from parents mastaru Happy Vizag | ||
| Onlymovies Junior Artist Username: Onlymovies Post Number: 11 Registered: 05-2014 Posted From: 199.173.224.31 Rating: N/A |
I use more cards for 5% cashback and i am getting a good return, sometimes, i need not pay a months cc bill, because i use my points to pay off. some people use it for free travel.. isn't that savings, when you have proper planning | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14839 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
vook guys ... good luck.. valready stretched .. inga pani seyyaali | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4353 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
 I love daveramsey but konnitlo over - he has 0 credit score as he does not have credit cards and pays cash for everything and has tons of investment propertiesIn history there is no such thing as the last word on any subject research leads to new things every day | ||
| Saint Legend Username: Saint Post Number: 36493 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
uncle..mee lanti scientists ki ok..! maa lanti DB lo time waste chese batch ki extra time vunna / lekunna okkate....naaku nijam ga meeku anipinchinappudu time waste ani or becoz of this I cudnt spend time on some other productive stuff , def ga nenu agreeing chestha meetho! | ||
| Feelgud Side Hero Username: Feelgud Post Number: 2087 Registered: 06-2009 Posted From: 124.123.193.73 Rating: N/A |
I really wonder why us nri have such low IQ in financial planning..start reading rich dad poor dad The only way i know is Invest in stocks of rapid growth companies ..and countries .. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1866 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
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| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4352 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
It means you have to declare the source and if you havent been doing that for last few years it would amount to cheating. If you had the assets on your name to begin with and you did not declare them you are in soup In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Saint Legend Username: Saint Post Number: 36492 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
monthly debts emi lekunda salary meeda (single pay cheque), tho expenses anni poga manam migliche 2-3k money tho eppatiki 25L cash petti site konagalam? manam 25L koodabette sariki 25L site manaki 25L ki vasthunda? ade ivvala 3% rate tho BT teesukuni oka 50k petti site konte, next 1 year paatu 2-3k every month pay off chesthe ela vuntadi? if the interest rates are above 10%, then it may not be worth it..but 3% ki vasthunnappduu why shudnt we this oppurtunity? ila CCs maxout cheyaytam valla inko benefit kooda vundi! once u use ur card for BT, u cannot use that anymore for purchases (interest paduddi kabatti)...and monthly pay offs vuntayi, CCs vadalem kabatti, pure debit purchases kabatti expenses control avvava? etantaru uncles? | ||
| Hero Side Hero Username: Hero Post Number: 5798 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
salary ki nee financial discipline ki relation ledu...u can do all this will avg IT salary. http://www.daveramsey.com/new/baby-steps/ | ||
| Tombrady Megastar Username: Tombrady Post Number: 20716 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
i already told that vuncle...was answering jodha sis that it is also a conventional credit card and helps build your credit history like any other card | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14838 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
vunkl, if you had two cards, 1 checking account, i think you would still save time. kadhu antava? between, i was there, and found it quite useless, when i consolidated. less clutter on mind and around. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1865 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
Crores, Millions | ||
| Tombrady Megastar Username: Tombrady Post Number: 20715 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
crores and millions ani vuncle..dentlo kooda booths vetikava chess | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4351 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
each time you open a store credit card for that 5% off you trigger a hard inquiry on your score and you opened extra credit. After a while having more credit cards (though unused) will impact your rating.In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Tombrady Megastar Username: Tombrady Post Number: 20714 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
nice steps....having 2 salaries or 1 high income salary will help them accomplish soon... | ||
| Onlymovies Junior Artist Username: Onlymovies Post Number: 10 Registered: 05-2014 Posted From: 199.173.224.31 Rating: N/A |
yeah thats my point.. i have more credit cards but use 5 or 6 regularly and pay them on time.. some cards have auto payment and some i schedule well ahead, as soon as bill is generated.. Manam rojulo 10 hours online vuntaam, andulo oka 5 mins bank accounts meeda spend cheyyalema... | ||
| Man_of_masses Megastar Username: Man_of_masses Post Number: 27375 Registered: 01-2008 Posted From: 198.175.154.213 Rating: N/A |
?? Success Doesn't Guarantee Happiness.. http://i42.tinypic.com/54g1g2.png | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 863 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
why not? may be you have to pay taxes. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20713 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
yep auto payments vunte not an issue to handle more CC's i have 9 CCs..100% payments never missed one | ||
| Saint Legend Username: Saint Post Number: 36491 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
nuvvu cheppevi anni jaragali ante minimum 7 digit salary vundali! | ||
| Risingstar Legend Username: Risingstar Post Number: 32614 Registered: 08-2008 Posted From: 192.175.173.154 Rating: N/A |
good one.. | ||
| Saint Legend Username: Saint Post Number: 36490 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
why dont u set up auto payments? how much time it takes to set up a payment? u can do it from ur mobile as well! I have 7 credit cards, 4 cehcking accounts for 6 years, 100% payments on time. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 862 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
well said..  | ||
| Tombrady Megastar Username: Tombrady Post Number: 20712 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
yep they do but store cards appudu they will hide this info antunna...
idi kooda soodi | ||
| Onlymovies Junior Artist Username: Onlymovies Post Number: 9 Registered: 05-2014 Posted From: 199.173.224.31 Rating: N/A |
i think every credit card will run credit report when you open it, thats what my understanding is.. please let me know if i am wrong.. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 860 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
after 10 years you feel yourself proud by taking this decision.. the young age you put in 401K the max benefit you can make out of it.. you would not believe the investment you made today will show the results after 20 years.. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1863 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
as a single, new H1, safe job, paying 1000+ rent alone.. chinna house tesukodam (<100K) tesukodam ela untadi antaru? ur saving as well as living kada? | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14836 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
it is true. its a very complicated investment. cheppanu kadha active investors ki buying a home is not pleasing investment opportunity. | ||
| Hero Side Hero Username: Hero Post Number: 5797 Registered: 09-2009 Posted From: 38.101.193.194 Rating: |
mav ..job poyi..property values decline ayyi..india lo stock/re market crash ayi..gold rate padipothe. evaru matram emi cheyagalaru... financial discipline moves people from middle class to wealthy.. paying off debts first then making investments with good asset allocation is always better idea...kada...then having debts then investing some thing else 1) pay off debts 2) have emergency fund 3) invest in stocks/RE both US and India 4) save for kids college  | ||
| Saint Legend Username: Saint Post Number: 36489 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
I was told ur parents can gift some money every year to u! do u have to pay taxes on gifts? I am not sure! if you are not going back to india, there is no point in investing in India. but ekakdoo moola retirement time kanna india eldam anukunta vundi vundochu! | ||
| Tombrady Megastar Username: Tombrady Post Number: 20711 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
it is treated as any other CC sis...it helps your credit history also that is not the issue with them | ||
| Onlymovies Junior Artist Username: Onlymovies Post Number: 8 Registered: 05-2014 Posted From: 199.173.224.31 Rating: N/A |
endukala? ante store cards vunte, credit score ki -ve effect vuntundaa even you have 0 balance? | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14834 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
vunkl, look at this way, we can handle so many things at a time. entha ledhu anukunna we are all bound by time, and number of things we can do at a time. the more trivial stuff we are doing, we are essentially loosing time to do better things ani na idhi. having more cards, means loosing more time on managing these cards, tracking payments and so on. this all takes unseen time. capital loss kante, inka essential things loose avutham. i dont see the benefit of the gain im making here. i would rather do something better. this is purely my principal. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20710 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
store cards are bad 99% does not know that they run your credit report which reduces your score...even i did not know that a-holes no one tells that when applying and they have high APR's and if you have them you will buy unwanted stuff at those stores also like macys card | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4349 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
tammud what will you do with assets outside US unless you want to leave and settle there? In that case it makes sense. Rate of return and security is important in investment and the ability to enjoy them. If you plan to return or retire there your approach makes sense but you could never bring that money legally to the US if you plan to be here. So it all depends on priorities you still have paid off the home, have other assets that generate passive income and you can always find job if you really wanted to. Its all how you see it In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Saint Legend Username: Saint Post Number: 36488 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
metros like CA, NJ, NY, DC, etc lo vundi property appreciate avutha vunte good kaani, leka pothe munde pay cheyyatam waste ani naa strong opinion! | ||
| Maverick Legend Username: Maverick Post Number: 51678 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
need for money..losing job, other commitments,..usa lo house lo money lock cheyyadam risk ani naa feeling. money is not so easy to take out of the home Happy Vizag | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28549 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
STORE cards valla history debba thinundhi..they are not treated as conventional credit cards. | ||
| Mrhyderabad Hero Username: Mrhyderabad Post Number: 10574 Registered: 01-2008 Posted From: 98.221.80.221 Rating: N/A |
good disco.. hopefully i can pick up a thing or two from this thread/your ideas  Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Maverick Legend Username: Maverick Post Number: 51677 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
nenu cheppedi ade..with such low interests there is nothing to lose Happy Vizag | ||
| Onlymovies Junior Artist Username: Onlymovies Post Number: 7 Registered: 05-2014 Posted From: 199.173.224.31 Rating: N/A |
This is true only when you skip a payment right, when you are paying on time, whats the problem in having a card? | ||
| Nanigadu Hero Username: Nanigadu Post Number: 13030 Registered: 02-2008 Posted From: 32.97.110.61 Rating: N/A |
@Okahyderabadi Thanks a bunch annai, will follow these rules by the way no store cards, and points based kuda kadu, for some payments its always better to go with CC andukey vaadings, but still konni unnecessary spending's vunnayi vatini curb cheyyali ur low limit second card is very good, will do that | ||
| Tombrady Megastar Username: Tombrady Post Number: 20709 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
shame to shame sidhappa | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1862 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
nenu same phase lo unna anukunta..  | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14833 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
vunkl, you are selectively taking examples where the home owner looses the value of his home, but more often than not, its the other way round. property value decline ayithe amma valsina avasaram emundhi? historical ga loss of property value decline entha mandhi losses ki karanam ayyindhi... and investments going bad entha mandhi losses ki karanam ayyindhi.. oo paali analyze cheyyi. outside USA markets are more unstable ani naa idhi .. i might be wrong, but based on what i see historical ga. ofcourse recent RE boom in india choosthe ala anipinchadhu... other than RE in india, is there any investment thats doing great? or are you specifically talking about RE in india? | ||
| Saint Legend Username: Saint Post Number: 36487 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
US lo first 4 years midanam batch lekka vundevadini! dabbulu ela vastunnayoo..ela pothunnayo telisedhi kaadu! zero investments! | ||
| Saint Legend Username: Saint Post Number: 36486 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
US lo interest rates ki property appereciate avvakapothe waste munde anni pay off chesi...nuvvu katte interest rates ki! NRI account lo esina 10% returns vasthayi! | ||
| Tombrady Megastar Username: Tombrady Post Number: 20706 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
lack of planning big regret... | ||
| Saint Legend Username: Saint Post Number: 36485 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
This is the key! | ||
| Simhapuri_kurrodu Side Hero Username: Simhapuri_kurrodu Post Number: 8919 Registered: 07-2008 Posted From: 205.157.110.11 Rating: N/A |
never lend money | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4348 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
1. stop using card immediately - this means you start thinking if you really need to spend that money - stop thinking about POINTS you will earn. 2. identify a card that has lower balance and start paying it off immediately. once that is done go to the next card and pay off that little extra. paying twice a month (split up the payments) also helps sometimes. 3. stick with couple of cards that you held for long time and have good limits. 4. Absolutely no STORE Cards, worst thing you can do to your credit rating. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Maverick Legend Username: Maverick Post Number: 51676 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
say for example X have 300k mort home X has been paying judiciously..X also has investments outside USA..X loses his job and forecloses his home. how do his assets outside usa vanish other scenario x paid of home, money is locked and property values decline..x loses his job..what does he live with? Happy Vizag | ||
| Saint Legend Username: Saint Post Number: 36484 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
You have to do forward investment. In most of the cases (not in US),100 rs today is not equal to 100 rs after 1 year. How much it is anedhi depends on the country! what ever I cud afford today with 100 rs, can I get the same thing after 1 year for 100 rs? if yes, then u shud never pay interest! in US, you might get it for 100rs, but not in India! so nenu cheppedi emiti ante max out cheyyandi anni! tarvatha aggressive debt free plan pettukondi! appu vunte bhayam vuntadi, expenses tagguthayi! money chethilo vunte water lekka karipotha vuntadi! | ||
| Tombrady Megastar Username: Tombrady Post Number: 20705 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
cool kada...
life insurance vundi vuncle 2 years aindhi tesukoni... | ||
| Hero Side Hero Username: Hero Post Number: 5796 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
401k.IRA/ROTH IRA ..529 plans
ekkada cheyali...india lo na...? US lo settle ayye vallaki india lo investing is bad choice anukotunna... how do you get back "black money" to US ? that you make in india real estate ? | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1861 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
Pellaina uncles (with working/house wife).. Bachelor ga ila cheyalsindi money tho.. ala chesa lanti moments emina unnaya.. plz share ur wisdom.. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4347 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
Yes, ofcourse having a very stable job helps towards planning the finances, As I mentioned earlier I also try and take up any opportunity to make extra at work. I am always looking at ways to increase income. 3 is very important, give it a thought it takes away a lot of pressure off you. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Tombrady Megastar Username: Tombrady Post Number: 20704 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
US lo oka mortgage free house vundi kada sis adi oka investment ee kada | ||
| Tombrady Megastar Username: Tombrady Post Number: 20703 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
emundi call them and ask to lower APR..credit penchamante oppukoru kaani APR taggisthar...naa 1st CC inka vundi dani limit 350 still using it because of length of the history define chesthadi kada | ||
| Jodhaa Megastar Username: Jodhaa Post Number: 28548 Registered: 02-2008 Posted From: 69.174.58.124 Rating: N/A |
Ippudey medical thread choosa..did you make any investments in india or antha ikkadey payoff chesaara? just curious | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1860 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
thnx tom, ade na first cardu .. so ala munduku povadame annamata. inka no new cards or store cards! | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4346 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
You are looking at debt as a way to leverage your savings I m looking at freeing up that money and buy more assets just a different perspective. You are just looking at 10% return being debt free I could finance couple more properties ( ~150k ones) and use them as passive income streams > 25% return after expenses, at the same time building assets which in due time get paid off. There are many options on how you can generate more from a debt free state. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Tombrady Megastar Username: Tombrady Post Number: 20702 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
yep it will affect because it will lower your overall credit % and make sure it is not your 1st credit card....4-5 CC is fine for couples/bachelors..oka hyderabadi vuncle laga anni pay off chesthe you don't need 4-5 CC's | ||
| Tombrady Megastar Username: Tombrady Post Number: 20701 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
so mortgae payments and house hold,kids expenditure mottam on your salary aa vuncle?
2,3 on track..but 1 & 4 still have to do it | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1859 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
gunde baruvu chesukoni okasari pay off cheyandi.. next card cut chesi denkandi..number note chesukoni.. online ki only vadandi | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14831 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
wrong thinking. when things go wrong, your investments vanish, but not debt. when things get worse, debt is what kills your progress further | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1858 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
next focus deenimeede.. friends aa card ee card vachindani.. nenu konni tesukunna.. Now.. 1. Amex-spg (with annual charge) but good travel credit points 2. Discover IT 3. Bokadia Bofa unnayi.. deeni museddam anukuntunna.. credit emina bokka padudda. | ||
| Nanigadu Hero Username: Nanigadu Post Number: 13028 Registered: 02-2008 Posted From: 32.97.110.61 Rating: N/A |
@ OHyderbadi:I have just 2 credit cards without any annual fees and same with my wife. I keep 0 balance on them and use them only for some online transactions like tickets ---- same here kani, dantlo balance thaggatledu, i am thinking of going card free for one month and see how it goes idokkatey naku pedda worry, my aim is to see 0 balance in my card, ekkuva ledu anukondi, but still, edanna avideas ivvandi rao garu | ||
| Maverick Legend Username: Maverick Post Number: 51675 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
worst case scenario cheptunna. enta responsible ga unna somethings can be beyond our control Happy Vizag | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4344 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
max out
are you teaching people to be irresponsible In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14830 Registered: 10-2008 Posted From: 208.85.131.68 Rating: |
vunkl, idhi cheppinantha vz kadhu. first it requires a lot of discipline, to be constantly in charge of your finances, with a job and kids and "other" obligations, alot of people slip quite easily . second, without a target on mind, alot of people cannot visualize their growth or undertand how they are faring. this requires efficient tools and good bit of time where you analyze how you did the past six months, how much you made, how much you could have made. third, its easier to understand debt, and plan to remove it than make your money work for more money. its not rocket science, and just needs some discipline and implementation. you can easily see how you are doing. fourth,once you get into the habit of understanding debt, it encourages you further to lead a life with more control expense. fifth, with more money in hand, and with the habit of monitoring your finances because of paying debts, it becomes easier to handle the "investment" nenu observe chesindhi idhi.. invest chedham, invest chedham ani kaali ga koorchone vaalu 100's untaaru.. that thought doesnt count at all unless it materializes. even once you get started the lack discipline makes it difficult for avg joe to follow up, constantly monitor. clearing debt is like a lesson ani ardham ayyindhi... while you are doing it you learn alot of things that you can apply in investing. ofcourse, if you are already capable, i say invest, invest, invest, but then such people dont hurry to buy home, they would rather invest in the first place. | ||
| Nepatriot Junior Artist Username: Nepatriot Post Number: 279 Registered: 11-2013 Posted From: 147.62.110.6 Rating: N/A |
Firm believer of cheap debt.. infact entire financial industry ki prime factor cheap debt.. as a example - If you have AAA rating vs AA rating.. the difference in intrest money you pay for some of the Corps/Govts is in billions. In your earlier example you freed up $2100, but on $240,000(home)+$40,000(cars)=$280,000 loan that you paid off, if you can make 10%/year, its more than your savings.. On top of it, you are loosing big on income taxes.. I just want to see if there is a flaw in my thinking..nothing against your methodology.. Jai JanaSena | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4343 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
Coming to your point about single salary paying off mortgage It is possible and as I mentioned I have done it. Ofcourse there is a comfort zone that there is a bit of saving from my wife's income. I follow the cardinal principle - No debt is cheap Some things I started thinking and implemented 1. start with a goal in mind - it can be pay off debt or invest x amount in a relatively safe investment each month - come what may could be a simple $100. 2. Identify priorities - You are young now but did you build your safety net for later years?, do you have enough for your family if needed (most needed if you are single income) 3. one most important thing is life insurance - have that peace of mind for ~$100 a month - so you know if something happens your family is taken care of 4. Start building assets (can happen in parallel to all of these) I have just 2 credit cards without any annual fees and same with my wife. I keep 0 balance on them and use them only for some online transactions like tickets } In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Jalsa Megastar Username: Jalsa Post Number: 24368 Registered: 02-2008 Posted From: 159.53.110.141 Rating: N/A |
oh, tips septaara....ayithe vakey... WARNING: Don't post anything about the 'Cs or 'Ms you saved/earned } | ||
| Emc2 Megastar Username: Emc2 Post Number: 27636 Registered: 03-2008 Posted From: 108.48.4.211 Rating: N/A |
Manaki good return iche money unappudu adi debt enduku avuthundi Neeku eppudu comfortable ga lekapothe appudu aa money use chesi loans pay off cheyyochu | ||
| Maverick Legend Username: Maverick Post Number: 51674 Registered: 01-2008 Posted From: 70.39.231.189 Rating: N/A |
usa lo debt untene peace of mind..country ee pedda debt. worst case nuvvu debt pay cheyyakapote u just walkout and screw your credit. anta kante emi nastam ledu..wife husband oka mortgage lo unda koodadu..okadu credit worst ccase screw aina vacchina nastam em ledu Happy Vizag | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1857 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
kaani. debt-free aa peace of mind ni minchinid ledanipisthadi.. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1856 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
ledannai.. its not about C's. | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 5893 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
if you can, just max out every year. | ||
| Emc2 Megastar Username: Emc2 Post Number: 27635 Registered: 03-2008 Posted From: 108.48.4.211 Rating: N/A |
Mee mohal manda US lo mortgage pay off cheyakandi Instead aa money vere chota invest cheyyandi Same with car loans and other stuff | ||
| Jalsa Megastar Username: Jalsa Post Number: 24365 Registered: 02-2008 Posted From: 159.53.110.141 Rating: N/A |
Hammayya, padindhi monthly thread. I should stay away from this thread if I don't want to get depressed. | ||
| Vijayy Comedian Username: Vijayy Post Number: 1249 Registered: 02-2014 Posted From: 198.241.217.15 Rating: N/A |
Requesting Bullet Points OT to please join... we need ur Bullets | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 5892 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
okahyderabadi brotheruuu, mee planning and discipline super...anthay. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1855 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
as a bachelor.. 401 ki entha contribute chesthe manchidi. prasthutham aithe migilindi antha kkadike tosthunna.. savings chesthunte.. cheyi agatledu.. 401 loki pothe ravu kabttai prasthuthaniki ala set chesthunna. | ||
| Mental_sachinodu Hero Username: Mental_sachinodu Post Number: 14829 Registered: 10-2008 Posted From: 208.85.131.68 Rating: N/A |
india lo unna inflation ki aa mathram interst undali vunkl... dont go by investment rates purely .. | ||
| Sukumarudu Comedian Username: Sukumarudu Post Number: 1854 Registered: 12-2013 Posted From: 128.177.42.2 Rating: N/A |
Money savings wise India or USA lo better ah? India lo rate of interest is too good. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20699 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
come on discandi | ||
| Rajin Junior Artist Username: Rajin Post Number: 717 Registered: 05-2012 Posted From: 63.250.254.2 Rating: N/A |
ee thread chadivaa, meeru modalettandi naa lanti pp's useful vi.. | ||
| Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 4339 Registered: 12-2009 Posted From: 157.130.154.114 Rating: N/A |
Lets use this thread to go over the topic that we are discussing the Doctors thread In history there is no such thing as the last word on any subject research leads to new things every day |
