sunnam Posted May 14, 2021 Report Share Posted May 14, 2021 11 minutes ago, veerigadu said: Smart people should never buy a house. It’s good for government, brokers and banks. Not really for the buyer. Idhi 99.99% batch ki ardham kadhu. But lighttttt. certain age vochaka neeku own house unte chaala stability untadi. lekunte full unhappy ga untadi unstable ga untadi. own house lekunte nee pendlam kuda ninnu oka chethakani vedhava anukuntadi. artham sesuko.😉 Quote Link to comment Share on other sites More sharing options...
veerigadu Posted May 14, 2021 Author Report Share Posted May 14, 2021 2 minutes ago, MDharmarajuMA said: In US I bought 15.6 acres farming land for cheaper price 8 yrs ago and now it appreciated like hell and also bought 1 acre commercial land. As long as you buy and sell houses with profits that shud be fine You are one smart asssss Anna. Nee lanti vadu naaaku inspiration. Will keep in touch. I’m barely realizing all this while you already two steps ahead and implementing them all. Quote Link to comment Share on other sites More sharing options...
Shameless Posted May 14, 2021 Report Share Posted May 14, 2021 1 minute ago, Azure said: anna are you 45? Turned 40 month and a half ago bro… Quote Link to comment Share on other sites More sharing options...
Raven_Rayes Posted May 14, 2021 Report Share Posted May 14, 2021 why is it stupid? is it cheaper to rent over, say 30yrs, and put that money into stocks..? Quote Link to comment Share on other sites More sharing options...
Azure Posted May 14, 2021 Report Share Posted May 14, 2021 Just now, Shameless said: Turned 40 month and a half ago bro… Congrats anna party anna Quote Link to comment Share on other sites More sharing options...
Vaampire Posted May 14, 2021 Report Share Posted May 14, 2021 9 minutes ago, veerigadu said: Vokay Idhe mata inko 6 to 8 months tharvatha anu. Appudu discuss cheddham. Too much of negativity nee daggara. house konadam waste antav. Fte waste antav. Ento nee lokham nuvvu. Quote Link to comment Share on other sites More sharing options...
veerigadu Posted May 14, 2021 Author Report Share Posted May 14, 2021 2 minutes ago, Vaampire said: Too much of negativity nee daggara. house konadam waste antav. Fte waste antav. Ento nee lokham nuvvu. I think about asset appreciation in every possible way. I have no regards for validation in society. That’s the difference Anna. 1 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted May 14, 2021 Report Share Posted May 14, 2021 4 minutes ago, veerigadu said: Bank interest, maintenance, sell chesthe nuvvu Katte tax, broker fees and EMI ani cut chesi. Repu poddhuna market down ayinapudu calculate cheyyi. Rent house ki mathram rent kattava bujji?? naa current home ki emi + property tax = 4k.. similar house rent ki thisukuntey kooda anthey avuthundi. BAnk ki kattey emi lo 30% approx ga principle ki pothundi. Katte interest ni tax deductions lo choopinchukovachu.. illu ammunappudu first 500k profit ki no tax. Migitha daaniki kattali. Obviously u hAve to pay taxes when u make money. nuvvu cheppey logic ela undi antey job chesthey vache salary lo tax kattali ani intlo kaaliga kurchunattu 1 Quote Link to comment Share on other sites More sharing options...
Raven_Rayes Posted May 14, 2021 Report Share Posted May 14, 2021 2 minutes ago, veerigadu said: I think about asset appreciation in every possible way. I have no regards for validation in society. That’s the difference Anna. over the last 10yrs which appreciated more - a house or nasdaq? there's our answer. individual anecdotes who cares. some people get lucky and think they are geniuses, some people don't and feel like lost. Quote Link to comment Share on other sites More sharing options...
Vaampire Posted May 14, 2021 Report Share Posted May 14, 2021 4 minutes ago, veerigadu said: I think about asset appreciation in every possible way. I have no regards for validation in society. That’s the difference Anna. Validation in society is just ur assumption. Quote Link to comment Share on other sites More sharing options...
Raven_Rayes Posted May 14, 2021 Report Share Posted May 14, 2021 1 minute ago, Vaampire said: Rent house ki mathram rent kattava bujji?? naa current home ki emi + property tax = 4k.. similar house rent ki thisukuntey kooda anthey avuthundi. BAnk ki kattey emi lo 30% approx ga principle ki pothundi. Katte interest ni tax deductions lo choopinchukovachu.. illu ammunappudu first 500k profit ki no tax. Migitha daaniki kattali. Obviously u hAve to pay taxes when u make money. nuvvu cheppey logic ela undi antey job chesthey vache salary lo tax kattali ani intlo kaaliga kurchunattu home value appreciation vs nasdaq over 10yrs? Quote Link to comment Share on other sites More sharing options...
veerigadu Posted May 14, 2021 Author Report Share Posted May 14, 2021 7 minutes ago, Vaampire said: Rent house ki mathram rent kattava bujji?? naa current home ki emi + property tax = 4k.. similar house rent ki thisukuntey kooda anthey avuthundi. BAnk ki kattey emi lo 30% approx ga principle ki pothundi. Katte interest ni tax deductions lo choopinchukovachu.. illu ammunappudu first 500k profit ki no tax. Migitha daaniki kattali. Obviously u hAve to pay taxes when u make money. nuvvu cheppey logic ela undi antey job chesthey vache salary lo tax kattali ani intlo kaaliga kurchunattu Do you really need a 4K rent house? Come on. Where do you live? I don’t know how big your family is. But renting a 2 bed room and investing lot of money in lands and stocks will make you a millionaire in no time. Buying a house will benefit only banks and brokers. Also whatever the appreciation you are witnessing on your house will start going down in 10 years. Once house starts to look old people no longer show interest in buying them. only newer houses have high demand. But anyways I don’t want you to feel convinced by about anything I said. I’m just stating my opinions. Quote Link to comment Share on other sites More sharing options...
veerigadu Posted May 14, 2021 Author Report Share Posted May 14, 2021 4 minutes ago, Raven_Rayes said: home value appreciation vs nasdaq over 10yrs? 10 years back high yield stocks like Apple, Netflix, Amazon lo 50k invest chesina vallu millionaires today. India lo land purchase Sesina vallu kuda same Quote Link to comment Share on other sites More sharing options...
Vaampire Posted May 14, 2021 Report Share Posted May 14, 2021 Just now, Raven_Rayes said: home value appreciation vs nasdaq over 10yrs? Wait... lets calculate this way. nenu 7 years back intiki 200k down payment chesa.. intiki kattey emi + property tax pretty much equal to rent.. ippudu naa illu annithey profit 1.2m.. so i made 6x profit. 500k non taxable daantlo adhey 200k nasdaq stocks lo petti untey 3X or 4x ayyedhi. Antey profit 400-600k. All taxable. now tell me which is more profitable? 1 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted May 14, 2021 Report Share Posted May 14, 2021 1 minute ago, veerigadu said: Do you really need a 4K rent house? Come on. Where do you live? I don’t know how big your family is. But renting a 2 bed room and investing lot of money in lands and stocks will make you a millionaire in no time. Buying a house will benefit only banks and brokers. Also whatever the appreciation you are witnessing on your house will start going down in 10 years. Once house starts to look old people no longer show interest in buying them. only newer houses have high demand. But anyways I don’t want you to feel convinced by anything I said. I’m just stating my opinions. All assumptions man. bay area lo 2 bed house ki 3k avge. Mine is 4 bed. buying a house will benefit only banks & brokers anedhi nee assumption. stocks lo profit guarentee anukodam inko pedha assumption. I made good amount of money in stocks and also lost some. 1 Quote Link to comment Share on other sites More sharing options...
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