Why do you need so much stuff?

by Rishi Sat Dec 14, 2013 2:38 pm

I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

by Hellsangel Sat Dec 14, 2013 3:05 pm

by nevada Sat Dec 14, 2013 4:02 pm

Because their neighbor/brother/cousin owns even more!

by Rishi Sat Dec 14, 2013 6:35 pm

nevada wrote:Because their neighbor/brother/cousin owns even more!

>>>You are right.

It applies even to education. Parents who were happy with getting an education at Government Arts college two decades ago are now upset that their children got accepted only at places like Virginia Tech.

by Marathadi-Saamiyaar Sat Dec 14, 2013 7:34 pm

Rishi wrote:
nevada wrote:Because their neighbor/brother/cousin owns even more!

>>>You are right.

It applies even to education. Parents who were happy with getting an education at Government Arts college two decades ago are now upset that their children got accepted only at places like Virginia Tech.

Right now there is a nth cousin who is going to Nankodai Naicker College of engineering wants to go (only) to Columbia, UPenn or MIT. Not that there is anything wrong with that but believes he is somehow entitled to admission.

by Kris Sat Dec 14, 2013 7:46 pm

Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

>>> I'd be willing to relieve them of this burden. They can always transfer the assets to me.

by Hellsangel Sat Dec 14, 2013 7:52 pm

Kris wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?
>>> I'd be willing to relieve them of this burden. They can always transfer the assets to me.

No.

by Kris Sat Dec 14, 2013 8:00 pm

Hellsangel wrote:
Kris wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?
>>> I'd be willing to relieve them of this burden. They can always transfer the assets to me.
No.

>>Ok, fine, I guess no good deed goes unpunished.

by FluteHolder Sat Dec 14, 2013 9:07 pm

According to Velukkudi Krishnan (Who was an Accountant or senior Finance guy) now giving KathaKalakshebam, the real estate prices increase due to ppl having more than one house (more than necessary for one family).

by bw Sat Dec 14, 2013 9:20 pm

Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

by Rishi Sat Dec 14, 2013 9:26 pm

bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

by bw Sat Dec 14, 2013 9:31 pm

Rishi wrote:
bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

by Guest Sat Dec 14, 2013 9:46 pm

Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

Not sure what's wrong in owning all that 'if you can afford it'. I technically own one house, but based on my current situation, it is way beyond my means. So, I am forever worried about its mortgage. But then, if I rented instead, I would be worried about that even more.

by Marathadi-Saamiyaar Sat Dec 14, 2013 10:24 pm

bw wrote:
Rishi wrote:
bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

by oldmonk Sat Dec 14, 2013 10:52 pm

bw wrote:
Rishi wrote:
bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

What do you do with all the money that you and your husband earn?

Live frugally and hoard it all in the bank?
Keep what you require and donate the rest to charities?
Invest in the stock market? (that's more burdensome than investing in the real estate market and Jewelry/precious metals).
Blow the money to enjoy life? (same as buying fancy cars, going on fancy vacations, etc. note that fancy is subjective)

by bw Sat Dec 14, 2013 11:16 pm

Marathadi-Saamiyaar wrote:
bw wrote:
Rishi wrote:
bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

what's so funny, saamiyaar? Rolling Eyes

by Marathadi-Saamiyaar Sat Dec 14, 2013 11:23 pm

bw wrote:
Marathadi-Saamiyaar wrote:
bw wrote:
Rishi wrote:
>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

what's so funny, saamiyaar?

(Why dont you mention that you own 2 small Islands one near teh Bahamas and another off Cali coast?)

by bw Sat Dec 14, 2013 11:53 pm

Marathadi-Saamiyaar wrote:
bw wrote:
Marathadi-Saamiyaar wrote:
bw wrote:
Rishi wrote:
>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

what's so funny, saamiyaar?

(Why dont you mention that you own 2 small Islands one near teh Bahamas and another off Cali coast?)

right.

owning property is a lot of work especially if it is just an investment. unless there is someone local to run with things, it is quite a burden and a lot of paperwork. some people relish these things and don't find it a pain and that's good. i like my life as simple as possible and can't be bothered.

by Marathadi-Saamiyaar Sat Dec 14, 2013 11:56 pm

bw wrote:

owning property is a lot of work especially if it is just an investment. unless there is someone local to run with things, it is quite a burden and a lot of paperwork. some people relish these things and don't find it a pain and that's good. i like my life as simple as possible and can't be bothered.

I see a very bright future for you....Would you like to join my Ashram and become a apprentice Sanyasini?

by Rishi Sun Dec 15, 2013 7:51 am

Marathadi-Saamiyaar wrote:
bw wrote:

owning property is a lot of work especially if it is just an investment. unless there is someone local to run with things, it is quite a burden and a lot of paperwork. some people relish these things and don't find it a pain and that's good. i like my life as simple as possible and can't be bothered.

I see a very bright future for you....Would you like to join my Ashram and become a apprentice Sanyasini?

>>>> Modern day Saamiyaars and Saamiyaarinis are the most wealthy in India and have sprawling mansions, retrreat centers, farms, new cars etc.

by Rishi Sun Dec 15, 2013 7:52 am

bw wrote:
Marathadi-Saamiyaar wrote:
bw wrote:
Marathadi-Saamiyaar wrote:
bw wrote:

i don't own any of those things and can't be bothered with them.

what's so funny, saamiyaar?

(Why dont you mention that you own 2 small Islands one near teh Bahamas and another off Cali coast?)

right.

owning property is a lot of work especially if it is just an investment. unless there is someone local to run with things, it is quite a burden and a lot of paperwork. some people relish these things and don't find it a pain and that's good. i like my life as simple as possible and can't be bothered.

>>> Then you depend on someone and he can screw you. Or you end up exploiting your brother or sister who may not really want to manage your properties there.

by goodcitizn Sun Dec 15, 2013 8:33 am

by truthbetold Sun Dec 15, 2013 8:42 am

Rishi,
I generally agree with Bw views, however what is wrong with increasing ones wealth through.real estate or stocks or other methods. Isn't material gain primary motivation for most or all of Indian immigrants to Usa?

by b_A Sun Dec 15, 2013 12:17 pm

Bacardi wrote:
bw wrote:
Rishi wrote:
bw wrote:
Rishi wrote:I find desis owning two or three houses and land in India, a couple of houses here, fancy cars, jewelry etc. Don't you find it a headache and a burden?

i don't find others owning such things a burden or a headache as long as they don't bore me with their bragging.

>>> I miswrote.

I find even owning one small house is burdensome.

i don't own any of those things and can't be bothered with them.

What do you do with all the money that you and your husband earn?

Live frugally and hoard it all in the bank?
Keep what you require and donate the rest to charities?
Invest in the stock market? (that's more burdensome than investing in the real estate market and Jewelry/precious metals).
Blow the money to enjoy life? (same as buying fancy cars, going on fancy vacations, etc. note that fancy is subjective)

How ? Why ?

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