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[๐Ÿค“๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜] I have reached annual spend of 1.2 cr per year. How to increase?

https://old.reddit.com/r/FatFIREIndia/comments/1fqp6go/i_have_reached_annual_spend_of_12_cr_per_year_how/

Most Based Comments

Basedness: ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜

hahahah! OP is trolling the group in his own way... Through sarcasm, he is taking a dig at the quality of posts (of late) here...In case he isn't and the joke is on me, then OP needs to change his username from richdoctormba to buntyaurbabli... (53)

Not trolling. Want to know where Rich people spend money. (-19)

Basedness: ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜

Mods can we ban this BS (14)

Isn't this fatfire sub? (-6)

Basedness: ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜

This is shit post. I don't think anyone who has 180 Crore net worth is making these posts on reddit (19)

Networth went 10x in last 5 years. This is fatfire sub. I thought other people in similar bracket. 10-20 cr guys would be in fire sub. I didn't post there. (-14)

Angriest Comments

Angriness: ๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ”˜๐Ÿ”˜

You can't increase your expense beyond a level. Why do you think rich do funny stuff. Also don't expect the stock market returns to stay like this in future, but still you should not care.Still want to increase expenses but a yatch or airplane.PS: most people here are those who want to fatfire, not who reached that goal (1)

They should be on lean fire or fire sub. People who don't even have 1 cr are thinking of fat fire. And they think others can't have 200 cr on a fat fire sub. Must be low IQ guys. (1)

Angriness: ๐Ÿ˜ก๐Ÿ˜ก๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜

Shit Poster ๐Ÿช“ (0)

Poor person found on fat fire sub. Go to fire or leanfire sub (1)

Angriness: ๐Ÿ˜ก๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜

Adopt me, I can help you double it down (1)

Why are on fat fire sub? Go to lean fire or fire sub. (1)

Biggest Lolcow: /u/richdoctormba

Score: ๐Ÿฎ๐Ÿฎ๐Ÿฎ๐Ÿฎ๐Ÿฎ(+4๐Ÿฎ)

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I have no idea what any of this means

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A crore (/krษ”หr/; abbreviated cr) denotes ten million (10,000,000 or 10^7 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000).[1]

Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of crore. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "โ‚น15 crore".[1] In the abbreviated form, usage such as "โ‚น15 cr" is common

OP is bragging about how rich he is spending 1.2 cr == 12,000,000 INR ~ 143,000 USD and everyone is getting mad at him even though it's supposed to be a subreddit for rich techcels to brag/beg for arranged marriages.

In fairness, it is a shitload of money for India but also kind of hilarious in a global context.

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>everyone is getting mad at him even though it's supposed to be a subreddit for rich techcels to brag/beg for arranged marriages.

The people obsessed with doing nothing and living on EZ mode turn out to be the most envious seethers around, never would've guessed.

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>It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000

These """people""" deserve to be wiped from the earth.


https://i.rdrama.net/images/17191743323420358.webp

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Are you a curry? :marseypajeetmask:

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No but I work in tech and have dated an Indian guy before.

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:#marseyl:

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I work on a team that's half Indian and somehow I've managed to avoid learning anything about their monopoly money. We're pretty much all business though, everyone's still remote and there's minimal friendly chitchat so I don't know anything about the mayos or Koreans either.

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$150k perpetual passive income requires $5M net worth at 3% (which is quite safe), or $3M at 5% (which is more risky).

In the US that's only upper middle class (5% of households have $3M in financial assets alone! Plus a house worth another $1M+), but in most of the world, including most of the developed world, you're considered rich if you have $4M.

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It's a troll post and all of his numbers are nonsense ("40-60% annual return") but in my book, top 5% is wealthy, not upper-middle class. When I have $3-4M you better believe I won't be working a job.

But you're right it's not like private-yacht rich.

Inb4 m-m-m-muh cost of living-on-the-upper-east-side. :soycry:

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True, but comparing e.g. to France, if you have $3M there you're in the richest 0.5%.

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