going back to desh...Please read and respond

Doing the Math

Say you were earning 200K a year , the tax at 30% is about 60K, which means your take home is 140K. Now if you spend about 50% 70K like then you save 70K a year for 8 years that would be about 550K.

SO IF YOU BELEIVE he earned 200K a year for all 8 years when the whole aconomy was down for last 4-5 years then believe that he has 550k or 2 crores.
 
according to my calc you have to save atleast 40k/pa, with wise investment to reach that amount in 8.5 years, you must have been making 100k plus all the time, is that right?
 
i dont understand why desi's get so jealous or upbeat if someone says he's saved $500K in 8 years. i have a friend who worked and actually still works for Google who has saved/made over $700K in the last year in stock options. another friend made/saved similar money working for Wilshire associates in Santa Monica, Calif. But none one these guys made this money in regular salary but did so with stock options and trading in the secondary markets.

shit happens guys..there are some people who make good money so instead of being jealous or skeptical lets applaud their accomplishments rather than belittle them.

nato said:
Say you were earning 200K a year , the tax at 30% is about 60K, which means your take home is 140K. Now if you spend about 50% 70K like then you save 70K a year for 8 years that would be about 550K.

SO IF YOU BELEIVE he earned 200K a year for all 8 years when the whole aconomy was down for last 4-5 years then believe that he has 550k or 2 crores.
Click to expand...
 
nishokie, i did not see anything related to jealousy, in any of the post in this thread....we are just suprised since we did not think of the stock option angle...

anyways, blister1889 , you must be knowing that if you can manage to show $ 1 million ...you can get Investor GC to usa...

and i think you may already be worth $1 million singapore dollar....where you can get permanet residency as investro...

but i would have preferred to settle down in india...since its only been 4 years since i came here......
 
In another thread he first said he is tired of waiting for the GC so wants to go back to desh and then in a later post in the same thread he said that he got GC few years ago already. Let him first decide whether he got GC or he is waiting on that or may be if he is amongst other names listed above

here is the link to that

http://boards.immigrationportal.com/showthread.php?t=193385

and here is the content

To Mr. brij

--------------------------------------------------------------------------------

Brij

I am not sure why you are calling me catdog. I used to be on this till 2002 till I got my GC and am now debating what to do Return or not. It's true I just joined because I forgot my old name and password. I am not catdog .
do you understand ?
 
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you're right..jealousy is not the word..its skepticism.


techy2468 said:
nishokie, i did not see anything related to jealousy, in any of the post in this thread....we are just suprised since we did not think of the stock option angle...

anyways, blister1889 , you must be knowing that if you can manage to show $ 1 million ...you can get Investor GC to usa...

and i think you may already be worth $1 million singapore dollar....where you can get permanet residency as investro...

but i would have preferred to settle down in india...since its only been 4 years since i came here......
Click to expand...
 
Help us guys...

Blister Bhai,

I tell you what, that money is nothing in Mumbai or Pune,India.One of my friend grabbed 5.2 crores to Hyderabad,India during 2002.

He relaxed for 8 months doing no job and now after 3 years his life is back to normal.

So,better stay here and help us struggle to bring the retrogression back to normal.
 
To Catdog, Alhindi, ppk_walther, and dirty avatars

We are letting out our emotions just because that the thread initiator has money and no aspirations or no patience to wait for GC.. he can kiss this country good bye withoug regret...

But do not think that we are packing our bags... no, not yet.. samjhe ?

We will not become hypocrite like you even if we become citizen of this country. We shall always love and care for our mother land.. no matter what. If time comes, we will not tell others to go first and think again to board the last flight out. We will be the first to go without anybody telling us.

Pasine ke paise (though small) to hamein milte hi hai..
Hamein apne aansu (tears) ka badla (GC) chayye..

Samje.. tu kya samjhega.. tu hai kuttabilli...

Ham bhi kamal ki cheez hai.. :eek:

Bhens ke aage bhaagwat karte hai... :D

Chal... aaj se ham tera naam GaayBhens (CowBuffalo) rakhte hai.. :D :confused:
 
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Akbari said:
You will live like a baadshah... for sometime then...

aaj yeh phone kyun nahi chalta ?
aaj nal me paani kyun nahi aata?
aaj saari dukane kyun bandh hai?
jaan, aaj macchar ki agarbatti leke aana..

LEKIN.. MERE BHAI.. IN SAARI BAATON KE BAWAJOOD..

APNA DESH TO PHIR APNA DESH HAI...GULAB KE PHOOL ME SUGANDH HAI.. CHAMPA HAI, CHAMELI HAI...

PATI HAI, PATNI HAI AUR .... KAAMWAALI BHI HAI. :D
Click to expand...

Man, even with all the waiting...... U are funny!!
Keep it up :)
 
waiting

I think some people are waiting because of habbit of waiting. Not to blame them it takes years to make a habbit.
 
Dekhlo.. duniyawalo.. original color bahir aa raha hai...

ppk_walther said:
I think some people are waiting because of habbit of waiting. Not to blame them it takes years to make a habbit.
Click to expand...

Some people are barking.. because..... bolo na yaar... please bolo..
kyunki.. woh pedaaishi kutte hai...!!! :D :D :D
 
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Does anyone know the outcome of today's senate judiciary meeting? Can some one please summarize?

Thanks.
 
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Is this the right forum?

Hi Blister 1889,

This is not the right forum to discuss your problems or excesses! However, I wished to share my views, as I keep on thinking of the same strategy...

US$500K in 8.5yrs imply linear avg savings of 58824/yr - equiv to pre-tax income US$81699/yr. Thus I would assume you averaged at least US$160K/yr consistently over the past 8.5yrs. Thats no mean achievement! Moreover, you say that you lost money in 2000 stock market correction. Which implies that you had saved even more - which implies your average annual income must have been higher than US$160K over the past 8.5yrs. Thats an excellent feat! But, sounds more finance that tech...

Alternatively, you might have cringed, and lived like a student and saved more than 70% of you post-tax salary...

Now about India:

(a) Accommodation: Your ac commodation in Mumbai may now be grossly inadequate for a 'firang' like you. You will have to buy a new apartment. A new condo apartment (Akbaar Ji: building with proper facilities come at global prices + premium for corruption etc.) in good locations in Mumbai will cost you no less than what an average American pays for a 4BR colonial house - yes! US$500K and above. In Bangalore a nice condo apt would cost US$150K (give or take US$20K). In Kolkata/Pune the amount would be around US$120K... no escape...

(b) Education: How much you need to go back to India and settle without worries depends on your liabilities (read: kids). If they are already in higher classes, going back may be practically impossible. If you plan to send them to US colleges, you need to save more as you don't get tax-saving education plans once you are back there... no escape ....

(c) Job: Jobs are available. Tech or finance, it is possible to get 12lakh to 1 crore depending on field/experience... yes, the scope could be better than US ...

(d) Life: Pollution, struggle to ensure a smooth sailing of daily life (despite monetary comfort), traffic jams, family interference, political and policy uncertainties, cultural reverse-shocks, all would come in ample abundance (relative importance of the above issues would of course vary from person to person). The negatives would be countered by cheaper daily expenses, availability of cheap house help, nearness to close relatives, social status, desh ki mitti etc. etc...... net would be a qualitative call.

What makes you think India (especially, Mumbai) would be cheaper than the US. Mumbai is more expensive than most places in US (when compared like-to-like living). India is catching up fast on costs, international quality lifestyle would roughly cost same if not more in India ....

Unfortunately, 2 crores would be good from far, but far from good (many would agree with me). However, it all depends on how you want to live. A flat in distant Mumbai suburb in a unstructure society-controlled building would cost less than US$30K, a maruti 800 would cost US$5K (you damn camry would cost US$40K there!), and all other expenses for an average resident would be less than US$500 per month. your savings after your house and car (M800) would last you 77yrs (assuming interest on savings pay for cost escalations)....

I think you should spend another 8.5yrs and save at a faster rate to start planning about retirement seriously....

Hope that was quite exhaustive. The damn GC process is so frustrating that I have nothing else to do.....
 
When I said I was tired of all the GC crap, I did not mean to say I don't have GC. Yes, I have GC. I just meant all the dates going back and forth. They do not affect me directly but nevertheless do cause me pain to see my fellow citizens suffer.
I am not dogcat or anybody. I am only thinking of going back meself - all others can stay here in great USA
 
Blister Bhayya

blister1889 said:
When I said I was tired of all the GC crap, I did not mean to say I don't have GC. Yes, I have GC. I just meant all the dates going back and forth. They do not affect me directly but nevertheless do cause me pain to see my fellow citizens suffer.
I am not dogcat or anybody. I am only thinking of going back meself - all others can stay here in great USA
Click to expand...

Are you sharing our pain or rubbin salt with pepper ... :D
 
i have started feeling all the people who dont have a life....are coming to this forum...

first it was catdog, then alhinidi and now....this blister1889.

sounds like he is writing script for the next david-dhawan movie....or maybe he is day dreaming in this forum......i hope these guys get some life....but whatever it is.....since dates are not going to move.....we can have some fun with these guys around.....

Originally Posted by blister1889
**When I said I was tired of all the GC crap, I did not mean to say I don't have GC. Yes, I have GC. I just meant all the dates going back and forth. They do not affect me directly but nevertheless do cause me pain to see my fellow citizens suffer.
I am not dogcat or anybody. I am only thinking of going back meself - all others can stay here in great USA**
 
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