Assets vs Wealth

[sboyr2r]

Just now, Android_Halwa said:

In India, there is no social security and what ever we make, we have to live on it...this is the primary reason we save a lot and live on little today and save a lot for tomorrow..

For the tomorrow that never comes. What I am saying is there are many ways in technology, ippudu age lo vunnappudu enjoy cheyani vadivi retire ayyaka enjoy chesta anukovadam entha varaku correct, provide you live until retirement. 

For ex: look at our parents I don’t think anyone is doing foreign trips or hanging out living out their dream they always wanted at least in my circle I don’t see anyone. Maa ammamma wanted to see kashi, their kids never took her anywhere now I have money I can spend on her but she is not in a position to travel. Irony of life 

[ParodyPig]

4 hours ago, srshb445 said:

hi guys, want to discuss on this.......why does people in india go after assets and don't enjoy their wealth.....i will tell whats the difference is.....

scenario 1 ->  you have 8 cr worth property in houses, lands, agricultural lands.....so most of the assets don't yield monthly income, so through rental income i am getting only 1 lakh per mth fixed rental income.....

scenario 2 -> you have 4 cr worth property, lyk say 2 cr in 1 house which yields very good rental income, 2 cr in cash throughfd or mutual funds, both will give 3 lakh per mth fixed rental income......

99% our people in india say scenario 1 is best, it is always good to have assets as in the future down the road, that 8 cr will become 15  cr in 5 yrs and in 20 yrs they become  30 cr, by that time we will get into 60's and we ideally don't enjoy the wealth.......whats the point in having assets when we don't enjoy any wealth from those assets, those numbers cheppukovadaniki matrame......so i would go with scenario 2, where it is balacing with 1 asset in house, a house only rental purpose lantidi which yields good rental income and some cash which yields good income......

scenario 2 valana adv enti ante, mth ki 3 lakhs vastundi kabatti, oka 30k we can be ready to keep it in to rent a 3 bhk apt.......my point is 2 cr or 3 cr house undatam kante, keep that 2 to 3 cr cash in savings or fd or mutual funds with less risk and stay in rental house by spending 30 to 35 k to rent a good apt.......that way we will enjoy our wealth........what do you say guys....

 

Happyga $$ salary tho US lo chill avutha... real freedom. 

 

Instead of living in india with so many people

[meandhrakurradu]

3 minutes ago, sboyr2r said:

For the tomorrow that never comes. What I am saying is there are many ways in technology, ippudu age lo vunnappudu enjoy cheyani vadivi retire ayyaka enjoy chesta anukovadam entha varaku correct, provide you live until retirement. 

For ex: look at our parents I don’t think anyone is doing foreign trips or hanging out living out their dream they always wanted at least in my circle I don’t see anyone. Maa ammamma wanted to see kashi, their kids never took her anywhere now I have money I can spend on her but she is not in a position to travel. Irony of life 

retire ayyaka enjoy cheyyavu bro but atleast you will not have money issues. kids ni money adige stage rakunda untali ane anukuntaru evaranna. time bagoka ippudu trips/enjoy chesi tarvata edanna unexpected ga money issues oste even kids will blame their parents

[sboyr2r]

1 minute ago, meandhrakurradu said:

retire ayyaka enjoy cheyyavu bro but atleast you will not have money issues. kids ni money adige stage rakunda untali ane anukuntaru evaranna. time bagoka ippudu trips/enjoy chesi tarvata edanna unexpected ga money issues oste even kids will blame their parents

Asthulu vuntey db lo threads padinattu ma anna ila property kosam godava chestundu adì idi ani esinattu estham.

what I am saying is balance vundali.

per say yearly India trip ki pokunda, one year India ki potey next year ee Europe oo africa no povali I mean trips context lo. 

anything has to be balance with a foresight in future if your point is not to expect money from your kids 

[LastManStanding]

5 hours ago, sboyr2r said:

Ante @LastManStanding recommendation toh ichchadu bro 

Yup..lekapote 50 rs vaddi anevadu ani @perugu_vada vuncle cheppadu