if you have 100k in your bank

[megadheera]

2 hours ago, papampasivadu said:

Bhayya..are you experienced in lending club or prosper??

peer to peer lending is not legal in all states.

[Chirupoo]

2 hours ago, budgetpadbhanabam said:

guys oka chinna question if you have 100k in your bank in USA...what will be your investment options in USA...india lo kadhu USA lo....(babu fake post babubulu i dint say i have 100k so mi edupu messages kottakandi)

Donate 50K to poor children for education in India and keep 50K for your stomach

[gudboy]

3 hours ago, budgetpadbhanabam said:

guys oka chinna question if you have 100k in your bank in USA...what will be your investment options in USA...india lo kadhu USA lo....(babu fake post babubulu i dint say i have 100k so mi edupu messages kottakandi)

Bhayya IDK if you have GC or not but...

why would you want to invest in US when there is no guarantee for your future.instead invest in india in land or house you will have huge returns in future and you have all rights in india.

 

think about it

[play4fun]

3 hours ago, cppDeveloper said:

Meeru maararu... 

lol

[rokalibanda]

2 hours ago, RahulPulkaGandhi said:

Produce movie with Balayya

Movie Title: Rayala seema Bidda

Caption: ayithe enti naaa madddaa 

ayete balayya babu 1st hollywood movie na

[Merabharathmahan]

2 hours ago, zoolakataka_14 said:

that is the wrong misconception. Employer match cheyyakapoyina, put your maximum limit in 401k. Its 18k per year pre tax and your taxable income comes downs which saves you lot tax. 

H1 meeda that too contracting meeda ilanti vatilo sign up avvadam waste i think. If u facec any visa issues and have to go back then process of getting 401k money from india is not simple. chala process and tax paper work (usa, india both countries tax) and early withdrawal penalty inka address lu changes avanni untay. antha bagane ayyi ikkade withdraw chesukunte no problem but india nundi cheyalante thala noppi. 

Also contracting vadiki job consistent undadu so how can he/she contribute every month and employer contribute cheyadu. 

 

Pre tax contributions cheyali but open ended and any time from any where easy ga withdraw chesukunela unte good. Other wise will end up with lot of paperwork n headache to withdraw our own money

[budgetpadbhanabam]

2 hours ago, zoolakataka_14 said:

that is the wrong misconception. Employer match cheyyakapoyina, put your maximum limit in 401k. Its 18k per year pre tax and your taxable income comes downs which saves you lot tax. 

Yes you are right..i am planning to start it soon bachelor ga vunnappudu endhuku le anukunna ippudu start chestha

[budgetpadbhanabam]

17 minutes ago, gudboy said:

Bhayya IDK if you have GC or not but...

why would you want to invest in US when there is no guarantee for your future.instead invest in india in land or house you will have huge returns in future and you have all rights in india.

 

think about it

india lo naku help chese vallu leru like helping me search for lands/apt like that andhukane us options chusthunna...

[Hercules]

come up with a great menu for a food truck. 

A fusion of indian-american mix.

chicken,lamb,beef biryani

chipotle style burritos - chicken,lamb,beef

kabobs

grilled cheese burgers

sides:

curly masala fries

samosas

gol-gappas

sweets:

putarekulu

jamoon

jilebis

40-50k for food truck

10k for all licenses

50k for next 2 months running capital.(raw material, truck repairs, rents, salaries)

lunch and dinner menus, should run around downtowns, festivals, campuses,

target sales for day should be 2200.00$ minimum.

implement it with passion, you are looking at profits around 200k a year.

[aatadista]

1 minute ago, Hercules said:

come up with a great menu for a food truck. 

A fusion of indian-american mix.

chicken,lamb,beef biryani

chipotle style burritos - chicken,lamb,beef

kabobs

grilled cheese burgers

sides:

curly masala fries

samosas

gol-gappas

sweets:

putarekulu

jamoon

jilebis

40-50k for food truck

10k for all licenses

50k for next 2 months running capital.(raw material, truck repairs, rents, salaries)

lunch and dinner menus, should run around downtowns, festivals, campuses,

target sales for day should be 2200.00$ minimum.

implement it with passion, you are looking at profits around 200k a year.

Yomama is here

[srshb445]

if you are in h1, I would not at all suggest for any investment in us........buy any agricultural lands or plots in india.......evvaru leru konatam lo help cheyyataniki ante, I would suggest you to transfer that money to your nre acct, and keep it in fdr's......something is better than nothing.....fdr is safe option, you will get 7% interest and this at is not txable.......

[Merabharathmahan]

15 minutes ago, srshb445 said:

if you are in h1, I would not at all suggest for any investment in us........buy any agricultural lands or plots in india.......evvaru leru konatam lo help cheyyataniki ante, I would suggest you to transfer that money to your nre acct, and keep it in fdr's......something is better than nothing.....fdr is safe option, you will get 7% interest and this at is not txable.......

Ya right. 

Few things for NRI status ppl:

you can not buy agricultural lands on your name in india as an NRI. 

FD interest amount on NRE account is not taxable in india but it is taxable in usa like 1099-INT so you need to calculate that fd interest yearly wise and mention in your tax returns in usa, it will be added to your annual income in usa and taxed. 

[zoolakataka_14]

36 minutes ago, Hercules said:

come up with a great menu for a food truck. 

A fusion of indian-american mix.

chicken,lamb,beef biryani

chipotle style burritos - chicken,lamb,beef

kabobs

grilled cheese burgers

sides:

curly masala fries

samosas

gol-gappas

sweets:

putarekulu

jamoon

jilebis

40-50k for food truck

10k for all licenses

50k for next 2 months running capital.(raw material, truck repairs, rents, salaries)

lunch and dinner menus, should run around downtowns, festivals, campuses,

target sales for day should be 2200.00$ minimum.

implement it with passion, you are looking at profits around 200k a year.

intha telisinodivi nuvve pattakapoyaava

[trent]

5 minutes ago, Merabharathmahan said:

Ya right. 

Few things for NRI status ppl:

you can not buy agricultural lands on your name in india as an NRI. 

FD interest amount on NRE account is not taxable in india but it is taxable in usa like 1099-INT so you need to calculate that fd interest yearly wise and mention in your tax returns in usa, it will be added to your annual income in usa and taxed. 

bokka lodi, malli tax kattala usa ki intrest meda lol, aath kuda peekaleru nuvvu emanna usa citizen va other country lo income ki tax pay cheyadaniki  . asalu tax e ela egottali ani chustunte malli home country lo income meda tax a , no way mastaru .. f uck omerica taxation

[zoolakataka_14]

55 minutes ago, Merabharathmahan said:

H1 meeda that too contracting meeda ilanti vatilo sign up avvadam waste i think. If u facec any visa issues and have to go back then process of getting 401k money from india is not simple. chala process and tax paper work (usa, india both countries tax) and early withdrawal penalty inka address lu changes avanni untay. antha bagane ayyi ikkade withdraw chesukunte no problem but india nundi cheyalante thala noppi. 

Also contracting vadiki job consistent undadu so how can he/she contribute every month and employer contribute cheyadu. 

 

Pre tax contributions cheyali but open ended and any time from any where easy ga withdraw chesukunela unte good. Other wise will end up with lot of paperwork n headache to withdraw our own money

nothing to worry. Even if you move to India, there are some ways.

Converting 401k -> Traditional IRA-> Roth IRA

redeem cheskovachu like you would pay only 10% penalty and no tax in USA. Indian government ki tax kattalsina avasaram ledu for 2 yrs i guess. Will dig into more details.