| Author | Message | ||
Baatasari Side Hero Username: Baatasari Post Number: 3343 Registered: 10-2018 Posted From: 171.159.64.10 Rating: N/A |
USD is better peforming sare.. when you say - inevst in RE .. again.. US RE or India RE.. cos USD corpus is relevant to USD RE.. i believe given the situation today, and the horizon.. USDINR will only be rangebound.. Indian Equities will outperform this yr.. so unless you say have a million $.. aa spread 1% ki u will end up taking a lockup time to miss all this.. its my opinion matrame..can you do ur research as well.. brahma satyam jagan-mithyä jivo brahmaiva näparah | ||
Biggboss Hero Username: Biggboss Post Number: 10149 Registered: 08-2017 Posted From: 209.119.30.138 Rating: N/A |
anytime USD better performing currency kadha...I could invest in RE kani already peak lo undhi, so konchem slow down ayyaka choodochu anukunna
don't think I would get any Tax benefits
makes sense, I could wait for few more months and see where the market is heading and decide whether it's worth the lockup Publicity Pichodu and his 30 kills - https://streamable.com/14mcp | ||
Baatasari Side Hero Username: Baatasari Post Number: 3339 Registered: 10-2018 Posted From: 171.159.64.10 Rating: N/A |
repatriation lo problem em undadu.. its all official, you will get ur money.. but at bigger picture.. i may sound a bit biased.. but from what i assume - you are on H1.. so why do you want a corpus thats purely USD.. How big is this corpus, for you to target forex.. Are you looking at Tax benefit ? $ FCNR rates ekuva unai ante.. that reflects todays USDINR.. now USD rates are going to go down, and INR rates will go down too.. so these cuts are coming your way.. so bigger ques to u is.. it worth the LOCKUP ? My guess is NO.. brahma satyam jagan-mithyä jivo brahmaiva näparah | ||
Biggboss Hero Username: Biggboss Post Number: 10145 Registered: 08-2017 Posted From: 209.119.30.138 Rating: N/A |
konchem diversify cheyyataniki portfolio one concern is forex risk if I go with the traditional NRE/NRO accounts I can deposit here in US for 2.25%, same deposit ki FCNR lo 3.53% isthunnadu other than that no difference? repatriation appudu emaina issues untaya? Publicity Pichodu and his 30 kills - https://streamable.com/14mcp | ||
Baatasari Side Hero Username: Baatasari Post Number: 3338 Registered: 10-2018 Posted From: 171.159.64.10 Rating: N/A |
for starters.. what is it that you ultimately want to acheive ? hedge against forex risk.. as you say ? or there are bigger, other motives.. if it is purely for forex risk... i would be surprised, you want to go that route - y cant you do FD here in US and get ~2% (??) brahma satyam jagan-mithyä jivo brahmaiva näparah | ||
Biggboss Hero Username: Biggboss Post Number: 10144 Registered: 08-2017 Posted From: 209.119.30.138 Rating: N/A |
https://www.hdfcbank.com/personal/interest-rates?accordname= accordian5 https://www.sbi.co.in/portal/web/interest-rates/foreign-curr ency-non-resident-deposits-fcnr Publicity Pichodu and his 30 kills - https://streamable.com/14mcp | ||
Biggboss Hero Username: Biggboss Post Number: 10143 Registered: 08-2017 Posted From: 209.119.30.138 Rating: N/A |
Is anyone using FCNR accounts to get better interest rates? SBI/HDFC are giving 3.53% interest on 1 year deposits Advantage with this account this, your deposit will be parked in dollars and when you repatriate back you will not lose money cheyyochu antara? Publicity Pichodu and his 30 kills - https://streamable.com/14mcp |