Nikh

Tech enthusiast, a reader.

[Nikh @nikes90]

@CricketCentrl @grok
Is this real or fake?

[Nikh @nikes90]

@Lord_Shankar1 @blrcitytraffic @BtpHsr Agree, from Whitefield till Swrjapur flyover not much traffic, but after crossing flyover when we approach Aghara fly over, heavy traffic is seen.
This is recent development in traffic, this was not the case roughly couple of months ago.

[Nikh @nikes90]

@ICC @ICC , young test squad couldn't learned from NZ defeat!

[Nikh @nikes90]

@ViktorAxelsen Have speedy recovery Champ!

[Nikh @nikes90]

@afxbfthfawcamrx gud luck with this fud

[Nikh @nikes90]

@ModernInvest https://t.co/LHrj0TpkPn
@ModernInvest this is huge

[Nikh @nikes90]

@RippleXrpie @JohnEDeaton1 what do you say about this!

[Nikh @nikes90]

@RippleXrpie @DrProfitCrypto this looks super exciting

[JackTheRippler ©️ @RippleXrpie]

https://t.co/Rdu29qCVON

[Nikh @nikes90]

@JohnEDeaton1 @Ripple Hello John, I have been following your X account in recent times and I must say your views on crypto market are pretty top notch! I wanted to take your opinion on first xrp De-Fi platform Doppler finance.

[Nikh @nikes90]

@StaniKulechov You should look at $FIL for data storage.

[Nikh @nikes90]

@Filecoin You guys need to publish dates! Soon, 👀 are indicating you have no plan

[Nikh @nikes90]

@Filecoin when is F3 launch?

[Nikh @nikes90]

@tta1424 @FilFoundation @Filecoin Do you have the post or announcement link for F3 delay?

[Rakesh Krishnan Simha @ByRakeshSimha]

Najeeb, a Kerala Muslim, went to Saudi Arabia in 1992. He was promised a job at a supermarket.

While waiting for his recruiters at Riyadh airport, Najeeb was kidnapped by an Arab posing as his employer. He was taken to a desert goat farm, where he was forced into slavery and tasked with herding hundreds of goats.

The hardships Najeeb endured were unimaginable, enduring over 3 years of sleeping in the open, devoid of bathing facilities, surviving solely on khubus (flat bread), and facing frequent assaults for even minor errors.

“I would use goat’s milk to wet the khubus and eat it. The goats were not bathed and the stench would be there in the milk as well. But I had nothing else to eat."

One night in 1995, when his boss was away from the farm, Najeeb escaped. After running for one and a half days, without food or water, he reached Riyadh. He was deported to India.

[B Padmanaban ([email protected]) @padhucfp]

Scenario 1 – Go for Home Loan Maximum Tenure

Are you planning to take a home loan? It's common to go for a shorter tenure to pay less interest and complete the loan sooner. However, our suggestion is to opt for the maximum tenure you are eligible for and invest the difference in mutual funds through SIP.

For instance, if you opt for a 25-year loan instead of a 20-year loan, you can save up to Rs. 3000 per month. By investing this amount in mutual funds, after 20 years, you can pay off the remaining 5 years of your loan and receive around 50 Lakhs. While past returns and the future economy are not guaranteed, we believe this is a highly possible outcome based on the assumption of a 15% return.

So, before taking a home loan, consider the benefits of a longer tenure and investing the difference in mutual funds.

Scenario 2 – Go for Home Loan Minimum Down Payment

Are you planning to buy a house? Make sure you go for the minimum down payment. Many people tend to go for a higher down payment to reduce their home loan EMI. However, this is not the right approach. If your home loan is 1 crore and the minimum down payment is 20 lakhs, then the total EMI works out to be 1.72 crore. By putting another 20 lakhs, the total EMI works out to be 1.3 crore, which helps to save 43 lakhs in the future.

But, instead of giving the money to the home loan provider, if you invest the same 20 lakhs in Mutual Funds for 20 years, it would be around 3.27 crore at the rate of 15% CAGR. By deducting 1.3 crore from 3.27 crore, you are making around 1.97 crore, which is a huge amount. Even if you have 2 crores ready cash, it is always better to go for home loans so that you can make more money than giving it in cash. This is a practical approach. Remember, go for the minimum down payment and invest the rest for a brighter future.

Scenario 3 – Do not Pre-pay Home Loan, stay till the End

Are you considering prepaying your home loan to come out of debt early? Think twice before you do so.

As there is no commonality when it comes to prepaying, it is difficult to explain in detail. However, let's take the example of someone who decides to prepay after 10 years when the home loan tenure is 20 years.

After 10 years, the principal outstanding is 35.32 Lakhs. This means they have paid only 14.68 lakhs towards the principal and the interest component alone is 39.31 Lakhs.

For the next 10 years, the interest outflow on the remaining principal amount of 35.32 Lakhs is only 18.65 Lakhs. Although the comfort level of paying a 45K EMI may be difficult today, it won't be as much of a burden 10 years from now.

So, why prepay after paying so much towards interest in the first 10 years? This decision is often emotional, and unfortunately, many people fall into this trap.

Remember, holding onto your EMI payments until the committed tenure can be a wise financial decision.

Assumption: Mutual Fund Returns over the next 20 Years 15% CAGR.

Conclusion: Most of them do opposite of what I am suggesting in all the 3 scenarios, if not at least one. This strategy is only for those who are not emotional and practical. Others I am sure will post bad comments, it shows their emotionally aligned, its okay.

Disclaimer: Please note that investing in mutual funds carries market risks. It is important to carefully read all scheme-related documents before making any investment decisions. The information contained in the reports is intended for informational purposes only and should be used solely by the recipient. While we have taken great care in compiling the data and contents of this report, we make no representations about the reasonableness of the assumptions or accuracy of any data. Any decisions made based on this information are the sole responsibility of the recipient. We reserve the right to correct any errors or discrepancies in the reports if they are observed or brought to our attention at any time.

[Nikh @nikes90]

@Milkbasketin
Order marked delivered without delivering still items. Complaint number-18712557

[Nikh @nikes90]

@imVkohli A role model for many!
This space has too many commercials hence unfollowing for now, but still a die hard fan!!

[Nikh @nikes90]

@Google Sometimes Google maps shows route with very small roads/lanes. That is not eco friendly, slower the car more fuel consumption.

[Nikh @nikes90]

@RockWithboAt
Looks like someone mocking ⛵ brand n customers-
https://boatstores .in/

I'm sure this is not real boat!