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Don't leave money in Bank accounts

Chalanachithram.com DB » New TF Industry Related » Archive through July 23, 2018 » Don't leave money in Bank accounts « Previous Next »
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Suffolk
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Posted on Friday, July 20, 2018 - 10:07 pm:       


Boeing747:


2020 daka bheshhuggaa untadi mkt kummeyei
 

Saarang
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Posted on Friday, July 20, 2018 - 09:43 pm:       


Boglehead:


If you don't mind, can you send an email to saarang.ccdb@gmail.com
 

Boglehead
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Posted on Friday, July 20, 2018 - 09:31 pm:       


Ysr2009:




abbo... Buffet kante meeku ekkuva teluse!
 

Boglehead
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Posted on Friday, July 20, 2018 - 09:25 pm:       


Ysr2009:




Last week or week before I responded to your post on how one could become a millionaire by investing $10/day for 40 years. You chose to ignore it because your numbers made little sense.
 

Ysr2009
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Posted on Friday, July 20, 2018 - 09:19 pm:       

Boglehead babai:

neeku jarigindi jariginattu, clear cut gaa, bhale thelisipoinde..how andi how..
 

Boglehead
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Posted on Friday, July 20, 2018 - 09:12 pm:       


Ysr2009:




Brother, mee utsaham baavundi. kaani, meeru atyustaham chuyinchi janalni confuse chestunnaru.

Mee recent investing/finance post lu chusthe okati ardhamayyindi... ee madhye edo oka forum or website lo veeti gurinchi chaduvuthunnaru. koddiga arthamyyi, ikkadiki vachchi andarni vayinchesthunnaru. enduku ee kantasosha meeku? I can tell you one thing for sure. There is a lot you still need to know about investing (basic stuff). meeru aa pani lo undandi. meeke manchidi.
 

Twitter
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Posted on Friday, July 20, 2018 - 08:24 pm:       

oka $300k varaku okay kadha no problem kadha ysr ji
 

Mahiz
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Posted on Friday, July 20, 2018 - 07:07 pm:       


Vja2va:

$250,000 per depositor, per bank



Janani Janma-bhoomi-scha Swargadapi Gariyasi
 

Vja2va
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Posted on Friday, July 20, 2018 - 07:04 pm:       

Also follow Andhrawala brother golden rule..
For FDIC insurance limits, the current limit is $250,000 per depositor, per bank.

That's why he opens multiple accounts.
 

Brightlife34
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Posted on Friday, July 20, 2018 - 05:35 pm:       

in long term we are all dead kada
 

Moviebuff001
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Posted on Friday, July 20, 2018 - 05:31 pm:       

http://paulmerriman.com/fidelity/
This is a good website for beginners.
Mostly safe bets list chestaru.
 

Moviebuff001
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Posted on Friday, July 20, 2018 - 05:29 pm:       


Boeing747:



Buying a home is a necessity for some and an investment for some.
If necessity, go for it.
If investment, even if the house loses its value when the market goes down, you can still recover the losses in 3 to 4 years. If you can handle a downturn, go for it.
 

K805
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Posted on Friday, July 20, 2018 - 05:24 pm:       

Thanks let me check and share if I find any thin interesting
 

Ballasticmissile
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Posted on Friday, July 20, 2018 - 05:03 pm:       


K805:

In India do we have any Index fund like SPY ?




yes....i think its there....during 2013-14 i heard about it by our belowed kutunbarao, Sukumar, and another old stock journalists...

you can bet on nifty 100, etc.....search....but brokerages are highh..thats what i heard if i remeber correctly....

search for tv9 Sukumar business discussions in 5 episode you will hear about it atleast 2-3 times....
man in love.
 

Boeing747
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Posted on Friday, July 20, 2018 - 05:01 pm:       


Ysr2009:

no idea




stocks konamntav kaani, undataniki ilu konacha ante No Idea antava
 

Ysr2009
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Posted on Friday, July 20, 2018 - 04:56 pm:       

>> so is buying a house this year good antava in your view

no idea

 

Boeing747
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Posted on Friday, July 20, 2018 - 04:53 pm:       


Ysr2009:




bhayya, ee year US housing market lo ki enter aythe results ela undachu by next yr..recession vache chances unnai antunnaru janalu or market corrections ani..so is buying a house this year good antava in your view, with 20% down
 

K805
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Posted on Friday, July 20, 2018 - 04:37 pm:       

In India do we have any Index fund like SPY ? Just want to compare the growth % between those two ?
 

Ysr2009
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Posted on Friday, July 20, 2018 - 04:12 pm:       

>> VOO fund naa vanguard account lo ledhe..

401K list lo vundakapovacchu.. but you can buy it in any Brokerage account..
 

Ysr2009
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Posted on Friday, July 20, 2018 - 04:11 pm:       

>> In India inflation is 5%, FD rate is 8%.

ok.. My posts are only for US feeful..

BTW, Did you pay attention to Rupee-Dollar exchange rate?

38 rupees per dollar in 2008..
69 rupees per dollar in 2018..

Inflation + exchange rate .. Barely enough to cover 8% FD..

where is the return on investment?
 

Banda
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Posted on Friday, July 20, 2018 - 04:07 pm:       


Ysr2009:

S&P 500 Annual Total Return Historical Data




VOO fund naa vanguard account lo ledhe..am i missing naything
 

Ustad
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Posted on Friday, July 20, 2018 - 04:02 pm:       


Ysr2009:

haha.. Fixed Deposit lo pedithe 1%.. Inflation rate is around 3%..

Value of your money will go down in no time..


In India inflation is 5%, FD rate is 8%. One cab beat Inflation by 60% with 0 volatility and our investment hitting ATH everyday.
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Key
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Posted on Friday, July 20, 2018 - 04:01 pm:       

1999 21.04%
1998 28.58%
1997 33.36%
1996 22.96%
1995 37.58%
1994 1.32%
1993 10.08%
1992 7.62%
1991 30.47%

Golden period
 

Viswamitra
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Posted on Friday, July 20, 2018 - 03:56 pm:       


Maverick:




you do management consulting ?? If so you will be barred under some clauses kada to trade the stocks of the company you are consulting kada??
Inti lopaley kulam, gadapa daatithey manamantha Hinduvulam...
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:54 pm:       

>> FD ante muddu.

haha.. Fixed Deposit lo pedithe 1%.. Inflation rate is around 3%..

Value of your money will go down in no time..
 

Ferrari
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Posted on Friday, July 20, 2018 - 03:52 pm:       


Ysr2009:

yes, but not 20-30..

but it's more like TOP 400-450 companies


yeah i know..i was speaking about Indian index funds from Nifty..
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:52 pm:       

Similarly, whenever market goes up abnormally ( like last year ), it will come down soon..

long term lo maathram 10% minimum pakkaa
 

Ferrari
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Posted on Friday, July 20, 2018 - 03:51 pm:       


Suffolk:


bachagallam vadileyi..edho middle class bapath gallam...gattiga kodithe ma bank balance ni hourly trading antha kuda undadhu..
 

Ustad
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Posted on Friday, July 20, 2018 - 03:51 pm:       


Ysr2009:

ee kinda data batti meeku ardham ayyindo cheppandi

S&P 500 Annual Total Return Historical Data

2018 2.65%
2017 21.83%
2016 11.96%
2015 1.38%
2014 13.69%
2013 32.39%
2012 16.00%
2011 2.11%
2010 15.06%
2009 26.46%
2008 -37.00%
2007 5.49%
2006 15.79%
2005 4.91%
2004 10.88%
2003 28.68%
2002 -22.10%
2001 -11.89%
2000 -9.10%
1999 21.04%
1998 28.58%
1997 33.36%
1996 22.96%
1995 37.58%
1994 1.32%
1993 10.08%
1992 7.62%
1991 30.47%
1990 -3.10%
1989 31.69%
1988 16.61%



Too much volatility.

Stocks lo investment oddu, FD ante muddu.
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:48 pm:       

>> so ee INdex funds ante nothing but distributing your money in top 20-30 companies stocks..anthena

yes, but not 20-30..

but it's more like TOP 400-450 companies
 

Suffolk
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Posted on Friday, July 20, 2018 - 03:48 pm:       


Ferrari:


 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:46 pm:       

>> rendu rojulaki okka news China trade worries antuu.

Invest now and forget about it for atleast 10 years..

why do you care about daily news?

ee china news lu, Russia news lu, wars, etc.. emi peekalevu..

whenever stock market goes down, it will come back with double the force..

70 year of historical data prakaaram
 

Andhrawala
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Posted on Friday, July 20, 2018 - 03:46 pm:       

//


nuvvu monna thed esaka oka2 hrs googling chesa bhayya..manaki ikkada scene ledhu kaani kanisam India lo ayina ee Index funds meedha invest chedham anukunna..so ee INdex funds ante nothing but distributing your money in top 20-30 companies stocks..anthena..inkka edaina undha..
//

anthey sooskhmam grahinchevu
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Ferrari
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Posted on Friday, July 20, 2018 - 03:43 pm:       


Ysr2009:

Yes, I invest mostly in Index funds or Proven Growth funds like VUG


nuvvu monna thed esaka oka2 hrs googling chesa bhayya..manaki ikkada scene ledhu kaani kanisam India lo ayina ee Index funds meedha invest chedham anukunna..so ee INdex funds ante nothing but distributing your money in top 20-30 companies stocks..anthena..inkka edaina undha..
 

Andhrawala
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Posted on Friday, July 20, 2018 - 03:42 pm:       

//Yes, I invest mostly in Index funds or Proven Growth funds like VUG, ...

rendu rojulaki okka news China trade worries antuu.

daanitho is it tiem to invest or correct due naaa ani doubts

appatiki market padappudu I tend not to see balances in 401K
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Ysr2009
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Posted on Friday, July 20, 2018 - 03:38 pm:       

>> Ysr - So, you mostly invest or suggest in Index funds / ETFs only correct ?

Yes, I invest mostly in Index funds or Proven Growth funds like VUG, ...
 

K805
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Posted on Friday, July 20, 2018 - 03:37 pm:       

Ysr - So, you mostly invest or suggest in Index funds / ETFs only correct ?
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:28 pm:       

>> Ballasticmissile: so you dont invest in company stocks then you invest on the "number" or rate at which total index grows??

Search for VOO, SPY, IVV, etc..
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:24 pm:       

>> ippudu naa account lo oka 100K vundhi. adhi ee rates meedha pettalante bhayam.

AW annai, if you have 100K in bank account, invest in VOO ETF now.. and leave it there for atleast 10 years..
 

Moviebuff001
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Posted on Friday, July 20, 2018 - 03:19 pm:       


Andhrawala:

But say ippudu naa account lo oka 100K vundhi. adhi ee rates meedha pettalante bhayam. ekkada market paduddhoo anii



Key is.. Not losing heart if you see the numbers go down in down turn. Eppudaina maket padipotundi ani doubt vast, move high risk stocks to money market and sit tite. up swing lo edo oka point lo malli enter avvachu.
 

Ballasticmissile
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Posted on Friday, July 20, 2018 - 03:19 pm:       


Ysr2009:




ofcourse it will move...

if banking goes down people invest in gold...gold stocks rise....??

if gold is down something will be in rising...what you said sounds right...
man in love.
 

Andhrawala
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Posted on Friday, July 20, 2018 - 03:16 pm:       


YSR2009:

AW annai, meeru chaalaa edgaali..

ee kinda data batti meeku ardham ayyindo cheppandi

S&P 500 Annual Total Return Historical Data

2018 2.65%
2017 21.83%
2016 11.96%
2015 1.38%
2014 13.69%
2013 32.39%
2012 16.00%
2011 2.11%
2010 15.06%
2009 26.46%
2008 -37.00%
2007 5.49%
2006 15.79%
2005 4.91%
2004 10.88%
2003 28.68%
2002 -22.10%
2001 -11.89%
2000 -9.10%




Long term looking good.

But say ippudu naa account lo oka 100K vundhi. adhi ee rates meedha pettalante bhayam. ekkada market paduddhoo anii


Infact waiting on the edge for the last 3-4 years. olready peak. paduddemo. paduddemo anii

Offcourse naa account lo hardly okka 15-18K vuntundhi which is needed for day2day expenses etc. wife account lo vuntundhi. }
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Ballasticmissile
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Posted on Friday, July 20, 2018 - 03:16 pm:       


Ysr2009:

I will NEVER invest in COMPANY STOCKS.. because, I don't know anything about them and they are too risky..




so you dont invest in company stocks then you invest on the "number" or rate at which total index grows??

you invest on index but you go to it trough brokerage?? or how??
pls explain i am curious...
man in love.
 

Maverick
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Posted on Friday, July 20, 2018 - 03:13 pm:       

Nenu consulting chese every firm stocks aa gig start chesina roje kontoo vacha, so far all poid off :-)
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:11 pm:       

I will NEVER invest in COMPANY STOCKS.. because, I don't know anything about them and they are too risky..

Average COMPANY STOCKS investor ki less than 4% returns anta.. where as S&P500 is moving at > 10%
shocking but true..
 

Moviebuff001
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Posted on Friday, July 20, 2018 - 03:08 pm:       


Mahiz:

em anna timing aa



Ya. Great returns. 100% returns several stocks lo vachayi. But I had to take those out when we bought our homes (India and USA). So avanni out ippudu.
 

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Posted on Friday, July 20, 2018 - 03:08 pm:       


Whitecollar:


mail me ur number at gotchaid yet gmail
...
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:07 pm:       

DOT com bubble burst time:

2004 10.88%
2003 28.68%
2002 -22.10%
2001 -11.89%
2000 -9.10%
1999 21.04%
1998 28.58%
1997 33.36%
1996 22.96%
1995 37.58%


Housing bubble burst:

2010 15.06%
2009 26.46%
2008 -37.00%



stock market ALWAYS ( 100% of the time ) come up if it goes down


..
 

Whitecollar
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Posted on Friday, July 20, 2018 - 03:07 pm:       


Gotcha:




guruji nannu kuda add cheyyandi.. ee stocks gola ardham kaadhu
veni.. vidi.. vici..


 

Gotcha
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Posted on Friday, July 20, 2018 - 03:07 pm:       


Maverick:

emergency funds, rest all keep invested


naa emergency fund is Balance Transfer option in credit card rest all gekeyatame
...
 

Mahiz
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Posted on Friday, July 20, 2018 - 03:06 pm:       


Moviebuff001:

2008 market crash tarvata Stocks lo investing start chesa


em anna timing aa
Janani Janma-bhoomi-scha Swargadapi Gariyasi
 

Gotcha
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Posted on Friday, July 20, 2018 - 03:06 pm:       


Chenagalu:


join our stocks group. guru dakshina ga oka 100$ kadite kuyyo Morro, budgu ninu guide chestaru for first week
...
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:04 pm:       

For a long term investor, S&P 500 Index fund will give more 10% returns.. No risk in that..
 

Savyasachi
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Posted on Friday, July 20, 2018 - 03:03 pm:       


Chenagalu:




i am very curious , what would ppl do with the money in US if they dont invest in stock market ?

real estate lo yemina invest chestava bro? or india lo invest chestava?
 

Chenagalu
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Posted on Friday, July 20, 2018 - 03:01 pm:       


Gotcha:

usa lo stocks lo petani valu chala takuva mandi


 

Maverick
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Posted on Friday, July 20, 2018 - 03:01 pm:       

6 months of emergency funds, rest all keep invested
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Ysr2009
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Posted on Friday, July 20, 2018 - 03:01 pm:       

>> stocks lo pettalante bhayam. bhayam.

AW annai, meeru chaalaa edgaali..

ee kinda data batti meeku ardham ayyindo cheppandi

S&P 500 Annual Total Return Historical Data

2018 2.65%
2017 21.83%
2016 11.96%
2015 1.38%
2014 13.69%
2013 32.39%
2012 16.00%
2011 2.11%
2010 15.06%
2009 26.46%
2008 -37.00%
2007 5.49%
2006 15.79%
2005 4.91%
2004 10.88%
2003 28.68%
2002 -22.10%
2001 -11.89%
2000 -9.10%
1999 21.04%
1998 28.58%
1997 33.36%
1996 22.96%
1995 37.58%
1994 1.32%
1993 10.08%
1992 7.62%
1991 30.47%
1990 -3.10%
1989 31.69%
1988 16.61%
 

Ysr2009
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Posted on Friday, July 20, 2018 - 02:58 pm:       

savings account lo pedithe emostadi baabu dabbuki booju pattuddi kadaa annaa..

friend was shocked. how do you invest.. manaki gas stations laanti businesses emi levu kadaa annaadu..
 

Gotcha
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Posted on Friday, July 20, 2018 - 02:58 pm:       

usa lo stocks lo petani valu chala takuva mandi but india lo petevalu chala takuva mandi
...
 

Andhrawala
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Posted on Friday, July 20, 2018 - 02:57 pm:       

//
Stock market gurinchi telini vallu untaru kada...
Nenu 2005 to 2008 savings anta bank lo ne petta. 2008 market crash tarvata Stocks lo investing start chesa. Ippdu cash reserves only 20K. Rest stocks, 401K, IRAs etc...
//

stocks lo pettalante bhayam. bhayam.

Have exposure to stocks through 401K. But motham petti koorsuntee risk ekkuva ani cash lo vunchatam jaruguthundhi
No Signature
 

Moviebuff001
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Posted on Friday, July 20, 2018 - 02:55 pm:       


Ysr2009:

athanu last 10 years save chesina money anthaa savings account lo pettukoni koorchunnaadu ani.. I was shocked..



Stock market gurinchi telini vallu untaru kada...
Nenu 2005 to 2008 savings anta bank lo ne petta. 2008 market crash tarvata Stocks lo investing start chesa. Ippdu cash reserves only 20K. Rest stocks, 401K, IRAs etc...
 

Ysr2009
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Username: Ysr2009

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Posted on Friday, July 20, 2018 - 02:55 pm:       

>> chala saarlu chaala threads vesinappudu konni questions adiga.

choodaledu maastaaru. sorry..
 

Savyasachi
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Posted on Friday, July 20, 2018 - 02:54 pm:       

10 years lo yentha save chesadata? emina insider info cheppada?
 

Lolakulu
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Post Number: 650
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Posted on Friday, July 20, 2018 - 02:53 pm:       

meeru threads enduku vestharo kuda artham kaadu. very selected people ki maathrame reply istharu. meeku aam admi ante lekka lekunda poyindi. only rich and brainy maniacs ki maathrame reply istharu. chala saarlu chaala threads vesinappudu konni questions adiga. dekhanu kuda dekhaledu meeru.
 

Ysr2009
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Post Number: 6524
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Posted on Friday, July 20, 2018 - 02:48 pm:       

Never leave cash in Bank accounts.

Let the army of dollar bills work for you day and night, even when you are sleeping..

Invest in Stocks ( average gains 10% ), Buy Real Estate in India or US, Pay Off Debts, ..

Do Something.. But don't leave money in the bank..

enduku chebuthunnaanu ante, naa friend okathanu ivvaala cheppaadu naatho.. athanu last 10 years save chesina money anthaa savings account lo pettukoni koorchunnaadu ani.. I was shocked..


..

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