Indian Finance Rebel

The rescent AI boom has brought US main stream, with many wondering whether investing in the US is better than investing in India. And for a a very long I used to believe India was the place to invest.  My initial thesis was that India is a developing country, growing at an average of 12% annualized return, while America being a developed country, only grew at an average of 8%. The initial analysis was too shallow of course and didnt account for the rupee depreciation. If we plugin an average rupee depreciation of 3%, the US assetss would come closer to 11%. These are of course, just thumb rules to do an easy math, A 1% difference is ofcourse a rounding error, and so should be the same - but is it accurate? I wanted to see the data myself, was my assumption correct? Afterall, Warren Buffet would disagree with such a thesis. “Despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America,” _Warren Buff...

Lurking in reddit, one of the most common questions I find is how to start investing. Some come with randomly picked mutual funds and others directly ask it. Unfortunately,  there is no structured way to teach it and I too started the same way -  simply  picking random funds, understanding things and then improving. Now that I have obsessed over the topic for nearly a decade, I think I am qualified to give an advice -  or atleast attempt to. However before I get into the actual process, I highly recommend doing the following two things :  Adequate Emergency Fund Adequate Medical Cover The reason I call this mandatory is because Equity is lumpy. It can go on for years without any returns whatsoever. Please refer to the below chart of nifty 500. As you can see from the chart, the market spends a long time doing nothing or at a loss. This is to be expected. For multiple years, the market does nothing, and then it in one shot, it will reward your patience before tes...