Just signed another contract work today ๐๐๐
And i will be earning 4k usd from next month just through contracts (Remote).
Power of AI Engineering ๐ฟ
@heresyfinancial Have a question though -I invested around 550K in Pimco Income fund recently and it's down 20K mainly due to rising yield. This probably was not the right product for me. however I don't immediately need money. Should I continue to hold or book losses?
@KushPatil_@MarkMazurik Have a question though -I invested around 550K in Pimco Income fund recently and it's down 20K mainly due to rising yield. This probably was not the right product for me. however I don't immediately need money. Should I continue to hold or book losses?
Have a question though -I invested around 550K in Pimco Income fund recently and it's down 20K mainly due to rising yield. This probably was not the right product for me. however I don't immediately need money. Should I continue to hold or book losses?
@biancoresearch
Just because vo Rajput hai, usse Rajput support kardein?
He was neither our preferred choice, nor our candidate.
Galat ka saath nahi denge, chaahe apna hi kyu na ho.
@Pavanasoonu Lagna: Aquarius (Kumbha)
Saturn is currently in Scorpio (10th house) and is retrograde in the birth chart
Dob-7th April 1986, 4.20am , Burhanpur Madhya Pradesh
Can you please help to calculate the Ashtakavarga bindus
A broker told my friend: 'Sir, 8% rental yield. Tension-free passive income.'
He bought a โน1.5 Cr shop in Noida. Here's what actually happened.
Gross rent: โน10,000/month = 8% yield. Looks great on paper.
Now peel the onion:
โ 30% income tax on rent = gone
โ 1.5% annual maintenance = gone
โ ~12% vacancy over a decade = gone
โ 2% re-leasing brokerage = gone
โ 0.5โ1% property tax = gone
Net yield left: ~3.1%
Meanwhile, SBI FD today: 6.45% gross.
Post 30% tax โ ~4.5% net.
The FD beats the shop. Sitting idle. Zero stress.
And if you sell the shop?
20% LTCG + 2% brokerage + 6โ12 months to find a buyer.
The 'passive income' was never passive. It was a full-time illusion.
Remember:
Gross yield is the headline. Net yield is the truth.
Every asset class has a broker. None of them build you the real spreadsheet.
Your โน1.5 Cr deserves the actual math โ not a sales pitch.
Are you still chasing gross yield numbers without running the net math?
@Indian_dalit_@IndianTintin_ I think India is dirty not because upper class litter. It's dirty cause dalits (who only had 1 job ) do not clean properly.