FitRichSane

2022-06-22 09:30:19 There are three REITs in India.
Embassy Office Parks REIT
Mindspace Business Parks REIT
Brookfield India Real Estate Trust REIT


This page is possibly the best resource for REIT comparison in India right now. I resonate with their verdict

https://www.capitalmind.in/2021/07/best-reit-investment-india/ Open / Comment

2022-06-21 15:30:39 A member messaged me, with screenshots, about another member of this group spamming them on direct messages.
Please let me know if this happens to you. Such people will be removed and blocked immediately Open / Comment

2022-06-21 09:30:38 When we buy a commercial property for investment, the rental yield and chances of appreciation increase greatly.
It also opens up the avenue of starting a business of your own in the future.

Even then, a few issues need to be tackled:
*Lack of liquidity and transparent pricing
*Chance of fraud by the builder, in case of builder properties
*Fight to look for a tenant every few years
*The investor needs to invest a lot of time and effort in choosing a great location, construction etc. If the investor is confident about this aspect, everything else will automatically fall into place Open / Comment

2022-06-20 15:30:32 We live in a world of polluted air, modified food, nutrition-less fruits and dirty soil.
We live in a world of inflation, mindless spending, umpteen monthly subscriptions and extreme show-off.

Good health and a healthy net-worth are rare commodities today.

To get these rare results, I firmly believe that we need to take extreme actions.

Normal actions just won't lead us to our results anymore.


Don't be afraid to save when all your friends are spending, to invest when everyone is partying, to sleep on time when everyone is getting drunk, or to eat healthy when everyone is gorging on chhole bhature & ice-cream Open / Comment

2022-06-20 09:30:08 Open / Comment

2022-06-19 09:30:10 A few weeks back I had shared a few midcap mutual funds that I liked while researching for a client.

Personally, my only mutual fund/ETF investments are in the index.
I have no idea what the bottom will be. I have no idea how high the market will go from here, or when. I will continue investing in dips.

Still, sharing 2 mutual funds that looked nice to me while researching for another client. This is no recommendation. Do your research. No questions about how and why for this message please.


- Canara Robeco Emerging Equity Fund
- Nippon India Smallcap Fund Open / Comment

2022-06-18 15:30:23 I highly recommend that everyone should have an app that tracks your smartphone usage.
I am sure you'll be surprised by the number of times you unlock your phone everyday, and amount of time you spend on your screen.

I have tried Google Wellbeing, YouHour and ActionDash.

Share your statistics here if it's not what you expected Open / Comment

2022-06-17 15:30:47 If you don't have time for exercise or meditation, you need both of these more than anyone else Open / Comment

2022-06-17 09:30:05 Here are a few tips you can apply while buying your home:

*It starts with awareness. Are you sure you're financially ready?
*Are you buying within your budget?
*Is your house enough to fulfill your needs, or is a little bit of ego involved?

*Try to improve your credit score for a few years to potentially get a cheaper interest rate
*Wait. Wait more. Wait even more. Increase your down payment as much as possible
*Your total EMI should not increase 25-35% of your total, secure income
*Bargain hard
*Bargain on the interest rate, if applicable
*Once you buy it, consider it a part of your consumption, and not assets. (I know some people call a house their asset, I'm not one of them)
*Research tax benefits
*Contact brokers of the area claiming to be a house seller too. It will give you a lot of insight
*Don't forget about stamp duty, registration fee, renovation costs, maintenance etc.

*If this house is going to be a very large part of your networth, consider hiring a law firm to look through the papers to avoid fraud. Though the bank your taking a loan from will do a part of this job.

*Talk to your potential neighbours
*Go to the location in the afternoon, as well as in the night to see if it feels secure

*Do not compromise on location. You can't change it later


Bonus tip:
Do an SIP in an equity fund of 10% of your EMI amount for a long-term home loan. When your loan ends, you'll end up with up roughly the price you had paid for your house.


Buying a house is the biggest dream for most people around the world.
Share these tips with the maximum number of people to help them :) Open / Comment