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I second this recommendation. Also, you only need ~$60k, as long term INR denominated fixed deposits yield ~10%.
by lquist 12y ago
I second this recommendation. Also, you only need ~$60k, as long term INR denominated fixed deposits yield ~10%.
- justincormack 12y agoAnd the Indian rupee has no stability against the dollar, so that is meaningless.
- lquist 12y agoA guess, but I think he lives in India and probably cares more about INR return than USD return.
- justincormack 12y agoWith 8% (very variable) inflation in India he is still confused about what he is getting.