jiggubhai Posted February 17, 2022 Report Share Posted February 17, 2022 So I finally decided to start saving some money towards downpayment for a house in the next 5 years. Stocks lo kaakunda inka ekkada save chestaru janalu? someone was suggesting just put the money in saving account but it has very low interest rate.. wondering if there are better options.. Quote Link to comment Share on other sites More sharing options...
Hmmmmm Posted February 17, 2022 Report Share Posted February 17, 2022 ltt Quote Link to comment Share on other sites More sharing options...
tennisluvrredux Posted February 17, 2022 Report Share Posted February 17, 2022 Vegas lo gamble cheyyi baa gelisthey millionaire ledante back to square one. Hit big or go home types 1 Quote Link to comment Share on other sites More sharing options...
coffee Posted February 17, 2022 Report Share Posted February 17, 2022 1 minute ago, tennisluvrredux said: Vegas lo gamble cheyyi baa gelisthey millionaire ledante back to square one. Hit big or go home types House buying is like gambling only now a days Quote Link to comment Share on other sites More sharing options...
veerigadu Posted February 17, 2022 Report Share Posted February 17, 2022 Put it in etfs ba. Almost No risk and minimum returns Quote Link to comment Share on other sites More sharing options...
jiggubhai Posted February 17, 2022 Author Report Share Posted February 17, 2022 4 minutes ago, tennisluvrredux said: Vegas lo gamble cheyyi baa gelisthey millionaire ledante back to square one. Hit big or go home types buy home or be homeless antava ba lol Quote Link to comment Share on other sites More sharing options...
jiggubhai Posted February 17, 2022 Author Report Share Posted February 17, 2022 3 minutes ago, veerigadu said: Put it in etfs ba. Almost No risk and minimum returns sp500 is the least risk I guess but i think when market crashes a lot like during a recession I think it takes years to recover emo kada baa Quote Link to comment Share on other sites More sharing options...
Android_Halwa Posted February 17, 2022 Report Share Posted February 17, 2022 Tulam thoti start pettu…atarvata Oz…atarvata 100 gram..atarvata pav kilo…adha kilo..kilo…gold koni10gu …market mida risk anukunte gold better alternative.. 1 Quote Link to comment Share on other sites More sharing options...
jambalhaatraja Posted February 17, 2022 Report Share Posted February 17, 2022 44 minutes ago, jiggubhai said: So I finally decided to start saving some money towards downpayment for a house in the next 5 years. Stocks lo kaakunda inka ekkada save chestaru janalu? someone was suggesting just put the money in saving account but it has very low interest rate.. wondering if there are better options.. first tell your budget and how much you can put down 5/10/15/20 and then someone can tell. 500k budget and 5c down ki 5-6 months enough... month ko 5k pakkana pedite saal Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted February 17, 2022 Report Share Posted February 17, 2022 1 hour ago, jiggubhai said: So I finally decided to start saving some money towards downpayment for a house in the next 5 years. Stocks lo kaakunda inka ekkada save chestaru janalu? someone was suggesting just put the money in saving account but it has very low interest rate.. wondering if there are better options.. bed kinda pettu Quote Link to comment Share on other sites More sharing options...
Popular Post pakeer_saab Posted February 17, 2022 Popular Post Report Share Posted February 17, 2022 1 hour ago, jiggubhai said: So I finally decided to start saving some money towards downpayment for a house in the next 5 years. Stocks lo kaakunda inka ekkada save chestaru janalu? someone was suggesting just put the money in saving account but it has very low interest rate.. wondering if there are better options.. By the time you save 100K for down payment, home prices appreciate by 150K.. think differently buy a small cheap home to begin with, build equity, when ready go for big one by selling old one, this way you are not paying rent and also building equity benefit of this strategy, you have something to call it a home dont chase a house, buy a home, there is difference between both 2000 sqft is a home perfectly used for family, 4000 sqft is a home to show off where 2000 sqft is left for furniture or empty room to enjoy stop looking for east facing homes in desi ghettos aka new developments dont compare with what others bought, home is for you not others, if your friends are coming to see your status by looking at your home. they are not friends, keep far away from them 2 12 Quote Link to comment Share on other sites More sharing options...
jiggubhai Posted February 17, 2022 Author Report Share Posted February 17, 2022 1 minute ago, pakeer_saab said: By the time you save 100K for down payment, home prices appreciate by 150K.. think differently buy a small cheap home to begin with, build equity, when ready go for big one by selling old one, this way you are not paying rent and also building equity dont compare with what others bought, home is for you not others, if your friends are coming to see your status by looking at your home. they are not friends, keep far away from them build equity in this context enti Quote Link to comment Share on other sites More sharing options...
Swatkat Posted February 17, 2022 Report Share Posted February 17, 2022 3 minutes ago, jiggubhai said: build equity in this context enti Stocks lo invest antunav equilty nai malum? Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted February 17, 2022 Report Share Posted February 17, 2022 3 minutes ago, jiggubhai said: build equity in this context enti when you pay mortgage, you are also paying towards principal, that part is your own equity Quote Link to comment Share on other sites More sharing options...
Picheshwar Posted February 17, 2022 Report Share Posted February 17, 2022 1 hour ago, jiggubhai said: So I finally decided to start saving some money towards downpayment for a house in the next 5 years. Stocks lo kaakunda inka ekkada save chestaru janalu? someone was suggesting just put the money in saving account but it has very low interest rate.. wondering if there are better options.. Bank 🏦 lo Quote Link to comment Share on other sites More sharing options...
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