Popular Post msp_gsp Posted March 1, 2019 Popular Post Report Posted March 1, 2019 Before you investĀ in business or real estate, please secure your family 1) Take Term Life insurance for you and family 2) Start putting some money for Kids education like (529 plans / vanguard) 3) Invest in Roth IRA (It can be used for Emergency fund) 4) Buy small house / Town home (You can build the equity on your home) 5) Please do not buy Luxury houses / villas in India if you are not planning to go to India 6) Invest in HSA accounts if available (Tax free and Emergency Health fund) 7) Keep some money aside for pleasure trips and vacation (Once you reach 40+ you cannot enjoy much till you are 55 again. This is the crucial time in everyones life) š Keep 1% of your gross income or net income for charity Then if you have more money then do whatever you want Ā Ā 1 2 Quote
psycopk Posted March 1, 2019 Author Report Posted March 1, 2019 12 minutes ago, msp_gsp said: Before you investĀ in business or real estate, please secure your family 1) Take Term Life insurance for you and family 2) Start putting some money for Kids education like (529 plans / vanguard) 3) Invest in Roth IRA (It can be used for Emergency fund) 4) Buy small house / Town home (You can build the equity on your home) 5) Please do not buy Luxury houses / villas in India if you are not planning to go to India 6) Invest in HSA accounts if available (Tax free and Emergency Health fund) 7) Keep some money aside for pleasure trips and vacation (Once you reach 40+ you cannot enjoy much till you are 55 again. This is the crucial time in everyones life) š Keep 1% of your gross income or net income for charity Then if you have more money then do whatever you want Ā Ā Good check list. thanks doing most of these. Quote
user789 Posted March 1, 2019 Report Posted March 1, 2019 58 minutes ago, Justice_Chowdary said: I opened a restaurant with partners in New jersey. I have 4 partners each of them invested 50K and one week in a month each partner will spend time at the restaurant in the evening times to look after. we have trusted staff who runs the restaurant in the day time when we go for our job. Important thing in restaurant is to manage the cook. it depends how you handle the cook. we make $7000 every month. so far I receovered my investment and started making profits from the last 3 months. I heard it nearly takes 1-2 yrs to get profits...you recovered in 3 moths? thats great... Quote
shaw183 Posted March 1, 2019 Report Posted March 1, 2019 1 hour ago, Justice_Chowdary said: I opened a restaurant with partners in New jersey. I have 4 partners each of them invested 50K and one week in a month each partner will spend time at the restaurant in the evening times to look after. we have trusted staff who runs the restaurant in the day time when we go for our job. Important thing in restaurant is to manage the cook. it depends how you handle the cook. we make $7000 every month. so far I receovered my investment and started making profits from the last 3 months. Justice garu..restaurant name chepte food order cheskuntam ga weekends loĀ ...edana discount istaraaĀ Dbians ki? Quote
tacobell fan Posted March 1, 2019 Report Posted March 1, 2019 4 minutes ago, shaw183 said: Justice garu..restaurant name chepte food order cheskuntam ga weekends loĀ ...edana discount istaraaĀ Dbians ki? CC @Idassamed Quote
Idassamed Posted March 1, 2019 Report Posted March 1, 2019 1 minute ago, tacobell fan said: CC @Idassamed Please do the needful @Justice_Chowdary Quote
Ram30 Posted March 1, 2019 Report Posted March 1, 2019 55 minutes ago, msp_gsp said: Before you investĀ in business or real estate, please secure your family 1) Take Term Life insurance for you and family 2) Start putting some money for Kids education like (529 plans / vanguard) 3) Invest in Roth IRA (It can be used for Emergency fund) 4) Buy small house / Town home (You can build the equity on your home) 5) Please do not buy Luxury houses / villas in India if you are not planning to go to India 6) Invest in HSA accounts if available (Tax free and Emergency Health fund) 7) Keep some money aside for pleasure trips and vacation (Once you reach 40+ you cannot enjoy much till you are 55 again. This is the crucial time in everyones life) š Keep 1% of your gross income or net income for charity Then if you have more money then do whatever you want Ā Ā Quote
battu Posted March 2, 2019 Report Posted March 2, 2019 "The year was 1942, I was 11, and I went all in, investing $114.75 I had begun accumulating at age six. What I bought was three shares of Cities Service preferred stock. I had become a capitalist, and it felt good. - - - - - - -Ā Letās put numbers to that claim: If my $114.75 had been invested in a no-fee S&P 500 index fund, and all dividends had been reinvested, my stake would have grown to be worth (pre-taxes) $606,811 on January 31, 2019 (the latest data available before the printing of this letter). That is a gain of 5,288 for 1. Meanwhile, a $1 million investment by a tax-free institution of that time ā say, a pension fund or college endowment ā would have grown to about $5.3 billion." - From Berkshire Hathaway 2018 Annual Letter and Ray Dalio's all-weather portfolio: 40% long-term bonds 30% stocks 15% intermediate-term bonds 7.5% gold 7.5% commodities For me these 2 safe options Quote
Baywarss Posted March 2, 2019 Report Posted March 2, 2019 Cold StorageĀ Ā Vertical farmingĀ Ā Pharma stores in rural.Ā Ā Industry sector in USA. Ā IT Ā Replace Paper with DigitalĀ Emerging technologies SAS Analytics R etc Ā Security home and automobileĀ Quote
Merabharathmahan Posted March 2, 2019 Report Posted March 2, 2019 19 hours ago, msp_gsp said: Before you investĀ in business or real estate, please secure your family 1) Take Term Life insurance for you and family 2) Start putting some money for Kids education like (529 plans / vanguard) 3) Invest in Roth IRA (It can be used for Emergency fund) 4) Buy small house / Town home (You can build the equity on your home) 5) Please do not buy Luxury houses / villas in India if you are not planning to go to India 6) Invest in HSA accounts if available (Tax free and Emergency Health fund) 7) Keep some money aside for pleasure trips and vacation (Once you reach 40+ you cannot enjoy much till you are 55 again. This is the crucial time in everyones life) š Keep 1% of your gross income or net income for charity Then if you have more money then do whatever you want Ā Ā Thank you sir. good suggestions. 529 college savings anni universities ki vadukovacha or only qualifyingĀ universities in usa for under grad? yearly entha contribute cheyyochu.Ā Quote
Merabharathmahan Posted March 2, 2019 Report Posted March 2, 2019 18 hours ago, psycopk said: Good check list. thanks doing most of these. R u doing Roth IRA and 529? Quote
Baywarss Posted March 2, 2019 Report Posted March 2, 2019 Guyz, let's do one case study on Marketing... Ā Guess what's going on ? Ā Quote
Baywarss Posted March 2, 2019 Report Posted March 2, 2019 On 3/1/2019 at 12:22 PM, msp_gsp said: Before you investĀ in business or real estate, please secure your family 1) Take Term Life insurance for you and family 2) Start putting some money for Kids education like (529 plans / vanguard) 3) Invest in Roth IRA (It can be used for Emergency fund) 4) Buy small house / Town home (You can build the equity on your home) 5) Please do not buy Luxury houses / villas in India if you are not planning to go to India 6) Invest in HSA accounts if available (Tax free and Emergency Health fund) 7) Keep some money aside for pleasure trips and vacation (Once you reach 40+ you cannot enjoy much till you are 55 again. This is the crucial time in everyones life) š Keep 1% of your gross income or net income for charity Then if you have more money then do whatever you want Ā Ā What's mean by securing families ? This a business group Quote
Baywarss Posted March 2, 2019 Report Posted March 2, 2019 5 minutes ago, Baywarss said: Guyz, let's do one case study on Marketing... Ā Guess what's going on ? Ā One more clueĀ Ā Ā Quote
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