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Don't invest in India


psycontr

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2 minutes ago, usetime63 said:

Quite opposite, when our kids grow up , people in India will be well educated and diverse rather than here in US.  

At that time US passport is only worth just to visit different places without visas that's the only advantage.

 

What you are saying might happen after 100years if not more than that, not is next few decades.

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9 minutes ago, usetime63 said:

Quite opposite, when our kids grow up , people in India will be well educated and diverse rather than here in US.  

At that time US passport is only worth just to visit different places without visas that's the only advantage.

The asset appreciation in India is huge… even when we consider inflation and rupee depreciation, the returns are very good compared to any assets in US… asset appreciation in US during the last 3-4 years during Covid is an anamoly 

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27 minutes ago, usetime63 said:

Quite opposite, when our kids grow up , people in India will be well educated and diverse rather than here in US.  

At that time US passport is only worth just to visit different places without visas that's the only advantage.

 

Lol... what that has to do with dollar rate ?

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35 minutes ago, adavilo_baatasaari said:

India lo internal ga inflation effect ledanipinchindi. 

Ante my trip from Airport to home is costing almost same since the last 4 years. US lo that trip is costing more every year.

Internal ga India lo rupee purchasing capacity is the same ani naa feeling.

US lo inflation is worse, the same product from few years ago is costing much more.

 

But globalgaa INR vs USD rate is a different story.

Akkada same anna, pani puri 1 rupee ke rendu echevadu, epudu 2 rupees ke okati kuda evatledhu.

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21 hours ago, adavilo_baatasaari said:

India lo internal ga inflation effect ledanipinchindi. 

Ante my trip from Airport to home is costing almost same since the last 4 years. US lo that trip is costing more every year.

Internal ga India lo rupee purchasing capacity is the same ani naa feeling.

US lo inflation is worse, the same product from few years ago is costing much more.

 

But globalgaa INR vs USD rate is a different story.

Advantage in India is you've options based on your spending capacity .. For eg: commute kosam .. you can take a cab(with pooling as well)/auto/bike .. plus metro(not in every city) / buses even from airports available .. Essential items kuda .. like vegetables / groceries .. super market ki velthe oka rate .. rythu bazaar ki velthe oka rate .. bb/instamart ilanti services lo oka rate .. Education / Medical facilities ki kuda varthisthayi ..

Applies also to outside food (street vendors vs Restaurants) .. Inflation basic needs deggera peddaga kanipinchadhu .. only when it comes to luxury lifestyle .. you'll start seeing it .. such as renting/buying property at prime location / automobile purchase / hospitality & entertainment sector etc ..

Coming to INR vs USD debate .. Ind imports a lot more than it exports & more reliant on fuel imports .. which causes this trouble .. Despite this factor .. investments in India are far more beneficial because of its self sustainable market coz there is always demand irrespective of global conditions !! 

 

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