Advice for Investment

LeanTaaS thuglife
Oct 2, 2018 13 Comments

I have around $1.5M in India. I send that money few years back and now the money is just sitting mostly in did deposits and some in equity mutual funds.

If I bring here by in US (bay area), what are some safe investment options.

I know reverse exchange rates are killing right now.

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TOP 13 Comments
  • Lending Club
    ::;;;::

    Lending Club

    BIO
    Who puts Bio on Blind?
    ::;;;::more
    You should plan your king life retirement in india, with 10crores you are set for life
    Oct 2, 2018 2
    • LeanTaaS thuglife
      OP
      Yes. I thought the same thing and went to India for good. Came back to bay area after 2 yrs....

      Depends on the city, but now a days, even 10 cr is no sufficient in India.
      Oct 2, 2018
    • Amazon Pleezz
      Why is 10 crores not enough?genuine question.Shouldnt it be possible to live comfortably on 1000$ a month in India ?
      Oct 2, 2018
  • Compass / Eng
    FUPayMe

    Compass Eng

    PRE
    Google
    FUPayMemore
    Invest in us index funds and leave it there.
    Oct 2, 2018 0
  • Buy 2 Flats and put those on rent
    Oct 2, 2018 0
  • Microsoft / Eng FreshPrinc
    thuglife wants safe investment advice. You ain’t no thug.
    Oct 2, 2018 2
    • LeanTaaS thuglife
      OP
      Nobody is thug when it comes to "safe" investment 😋

      Yes I can buy stocks or I can buy home, etc... But little hesitant since market is all time high
      Oct 2, 2018
    • Square / Eng nom🍔
      Market is always at ATH right before breaking into new high, that's not a factor. Check now what difference it would have made if you bought a house in your city at 1995 vs 1997 or 2012 vs 2014.Or 2004 vs 2006.

      Long term, was the difference meaningful?
      Oct 2, 2018
  • Square / Eng nom🍔
    Depends on future plans and time horizon. If you plan to buy a house in the bay area, just buy it now. If you plan to move back to India in a few years, leave it there. If you plan to save it for decades (e.g retirement) just buy VOO. If you might need it in a year or two, buy US 1yr bonds.

    All depends.
    Oct 2, 2018 1
  • Airbnb jim.hodlen
    ot, I’m so jealous you can easily bring money from India😂
    Oct 2, 2018 2
    • LeanTaaS thuglife
      OP
      It's my money which I send from US to India. As per tax consultant, bringing it won't be an issue.
      Oct 2, 2018
    • Airbnb jim.hodlen
      where I come from, money flows unidirectionally
      Oct 2, 2018

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