I wish i could buy something in 150 K , here ya wont even get a cottage in this price . May be a studio Apt in some county !
The place where we livin now , movin new month in on mortgage of 2500 euro pm , where we were paying 1600 in rent for it but now as interest rates are going up n up either Asim has to sell this yoke or put it on higher rent , he may get around 2000 to 2200 for this yoke pm :)
But then we werent gettin any tax return on it , didnt ask for his PPS number but the new tenant will i bet !
You've got USD. Keep it in USD. Keep it in America.
It's only a matter of time before the american housing market correct itself - that is AFTER a recession. I'd look into buying into the housing market when the economy bottoms out.
Look into the smith manuever and make your mortgage tax deductable by obtaining a re-advanceable mortgage. Use the Home Equity Line of Credit to invest into dividend stocks or rental investment. Come tax time, deduct the interest on the HELOC. Take the tax credit and put it towards your mortgage. Increase your HELOC, and repeat over and over again. It's a risky because it require some work but you'll be looking at a very nice gain in 10+ years when you need the money.
Gold is at an all time high (underthedome, 2007).
You'd be insane to take any of this advice seriously.
I have a financial planner now who is going to manage my portfolio. I am now thinking of investing some of the money, at least, very long term, for my retirement, and using the rest in a few years for school fees etc. I like the financial planner, he is very young and personable and we have a good relationship based on very little time together. But at the same time I am hesitant about having someone so involved with something that is so personal. We will be negotiating fees in December and will start investing and diversifying the portfolio then, but I would like to know what I should keep in mind, what is reasonable etc etc etc, what I should be on the lookout for (with regard to the guy). I am new at this so I do not want to make any mistakes. Advice? Does anyone here have experience with TD Waterhouse?
Also, I am concerned about how well this 'stuff', for lack of a better term, transfers. We will most likely be moving to either the US or England in about three to four years. What should I make sure to do in anticipation of the move?
The questions sound naive, I know, but I really am ignorant when it comes to this. My father always tried to get me interested in money and managing it but it seemed so boring. I should have paid attention then.
I am not a socialist. I am not an idealist. I do not believe in utopia. I am not an optimist. I go to school. I want to do my PhD - it is not free. I want to learn and that requires money. I was given money, I will use it, increase it. Shall I run away and live in the woods to prove my Marxism? And what will that achieve? I will be impotent. In this world, you have to be somebody to get something done. My route is education.
just having fun lalay :) neend nahe arahe hai ! and on top of that , you know what ? Tariq bahi is some how my real life relative . He could be some one from me naniyaal side whom i dont know ! Called me mom to trace the roots !
Mein abhii taak is sadmay say bahar nahi Nikaal paya hoon :D
just having fun lalay :) neend nahe arahe hai ! and on top of that , you know what ? Tariq bahi is some how my real life relative . He could be some one from me naniyaal side whom i dont know ! Called me mom to trace the roots !
Mein abhii taak is sadmay say bahar nahi Nikaal paya hoon :D
i dont have words to say. me speechless, expressionless!
just having fun lalay :) neend nahe arahe hai ! and on top of that , you know what ? Tariq bahi is some how my real life relative . He could be some one from me naniyaal side whom i dont know ! Called me mom to trace the roots !
Mein abhii taak is sadmay say bahar nahi Nikaal paya hoon :D
oh ho rishtay daar nikal aaye, sorry yaar.
look at the bright side maybe his side was 'aaq' at some point in time. hosla rakho.
i dont have words to say. me speechless, expressionless!
me too zobo mobo kid ! he is from our community , Our fathers were from same area in India . we both went to same school . He has exact same family name , me nanyaalis have !
me too zobo mobo kid ! he is from our community , Our fathers were from same area in India . we both went to same school . He has exact same family name , me nanyaalis have !
so its freaky , such a damn small world innit ?
"Its a small world afterall.its asmall world afterall"
is it coz of somffin else gaamay 
