Are you rich? - Page 8

Originally posted by: hasini009

if I say YES or NO, would you believe it?

Yes I would believe you. Why would you lie about such a thing? Either you are rich or not rich. It's a pretty simple and straight question.

Originally posted by: heartbleed

Yes I would believe you. Why would you lie about such a thing? Either you are rich or not rich. It's a pretty simple and straight question.

mera whole post ka reply dena tha. why half answer?😆

Originally posted by: DragonBoy49

I have a Maroonporsche 😈

Only one?

Originally posted by: hasini009

mera whole post ka reply dena tha. why half answer?😆

Oh god itna simple sa answer karne mein kitna bhaav kha rahi ho tum.. tum rehne hi do agar nehi batana chahti 😆

Originally posted by: KhaanaBaDosh

Nehi, but koi rich ladka ho to btana. 👰

I got three boys on this thread who I guess are rich. I found them on this very thread only.

You can choose any one among them for your marriage.

adventurousman

S_H_Y

DragonBoy49

Originally posted by: heartbleed

Oh god itna simple sa answer karne mein kitna bhaav kha rahi ho tum.. tum rehne hi do agar nehi batana chahti 😆

kyunki bahar koi bhav khane nahi de rahe hai😡 socha tha, why not here?😳😆

Originally posted by: heartbleed

I got three boys on this thread who I guess are rich. I found them on this very thread only.

You can choose any one among them for your marriage.

adventurousman

S_H_Y

DragonBoy49

Any one single? And owns two or three island? 😝

Originally posted by: NeanderthalGirl

IF looks like a place full of either NRIs or rich people living in india. I am representative of typical middle class. Buying an iphone is unthinkable. 😆 parents would rather buy furniture with that money.

Middle class. bahut sambhal sambhal ke paise kharach kiya karte the. Used to walk for 2 km to college rather than taking rickshaw. Had Black and white tv till 2009 with no cable.

Situation has improved alot because my father makes sure that all of us get better education and good jobs. My two sisters are civil servants and I have decent job so we are not gareeb but my papa always says u may not be gareeb but u r greeb baap ki beti

The whole thing is,.. in the present times and even the time has proved it for last few decades that,

The investment in real estate – House, property, land, shop and Gold,…. ONLY maintains and sustains its value to fight the unending and on-going inflation,, price-rises and cost of living been increasing day by day, by leaps and bounce. Though, it sure needs some maintenance cost of Land/Property / House,….. but still overall it can fight the inflation and cost-of-living !

In any motion , be it India or US,…. The Govt has always failed to sustain the value of the Money,… A one Buck what was having a capacity of buying 10 years ago, is not having the same today,….. and its due to diminishing of the resource son Earth, be it Oil, energy, utility and such and hence increased labour , more population, Land losing its fertility day by day and hence, crops getting most expensive, Earth losing its environment, kala-sona ( oil energy ) ..etc.

Hence any amounts living in CD / Banks, Monetary investment,does not matter it gets 3-7 % of interest, still is losing its purchasing power and hence, investment in Real estate or Gold be a MUST, to maintain and fight the Money’s diminishing and devaluation. My own father could never realized this very facts and he kept on always investing Money in Shroff Pedhis, who were paying, 1-2% more interest rate than highest interest paying local banks,and ultimately his major money got worthless and value-less even invested in major Lalbhai group Mills’ stocks and good private banks,.. as they all went bankrupt and outta business slowly but surely, and the very fact he forgot, that,…. No matter how much money you hold in cash and in bank,…… its melting power is in govt’s hand. Govt, blindly keeps on printing Notes, even if not having that mush gold in balance of those, plus Jaali and Farzi notes and all these,…. Makes Money’s purchasing power to last,…

Govt can melt all of your cash / bank money by printing more and more Bills, which it happened in many nations like Zambia and where even a road side sweeper is tired of sweeping Bills of thousands floating on road for trashes and just to buy two eggs and a loaf of bread they have to carry a suit-case full of Money !

So, the only remedy is the concrete things in hand ( not the Cash or Bank Cd Money ) but the GOLD and /or Land/House/Property. I have seen few trillionaires in US Indo-American friends, and they did it, by investing in cheap land at that time,…having a far sight perfect vision.

In short, the trick and tact is, whatever you earned hard way maintained sustain its power by turning it into a concrete stuff in hand, be it in House, land property or Gold,.. otherwise you let keep that string in Govt’s hand to let allow him to melt its value and purchasing power,… Also a risk may be there but still,….. wisely and highly distributed total capital in stocks and bonds in all diff categories ( large/small/medium group companies of all diff arena/sectors like– energy/health/Iron/Precious metal/ Real estates/ foreign companies) in a longer run, IS more safe than having yr total assets in pure Bank money’s savings/checking and CD accounts where , whatever the rate it earns of interest, the outer Inflation rate remains always a way higher and ultimately you are losing and diminishing it’s value and purchasing power,…

Invest wisely, and No Risk, No game,… A ship lying in its dockyard is the most safe, but that’s not what they are meant for ( and, so is the Bank CDs and Money market accounts )

Stay with Real estate and Gold and Don’t let yr major chunk in Bank CDs and checking and Saving accounts,…

House /Land/Property appreciates ( in value ), Gold still retains its value……. Any expensive Car/Furniture depreciate sits value day-by-day,…. Money in CDs and Bank accounts loses its value invisibly, day by day due to high rates of inflation and price-risings,…

Folks, Have a happy financial planning,… One needs to also invest wisely more than earn wisely,.. Also, don't keep all of your eggs in one Basket,..... Distribute it all wisely in all sectors, Long and short term investments, small, large and medium company Bonds and stocks, Bank accounts, Land, House Real estate and Gold,... upon yr risk-bearing capacity,...

Read the Books like " Rich Dad, Poor Dad ",......

Maana ki " Paisa" sab kuchh nahin hai,... Lekin, sub kuchh se kam bhi toh nahin hai !! It also has some limitations, but still it works over all and so far, to Maintain yr own value in outer society,....

( Beatles guy )