81–90 of 105 posts
Earlier quoted context omitted.
To add, insider trading and financial misreporting is rampant in Indian stocks. Just look at the recent Hindernberg report on Adani as a starting point. The shocking aspect is that this is accepted as the norm. US stock markets and regulations are not without fault but they are leagues better than stocks in countries like India and China. Oh and to add on to another excellent point you brought up - Indian regulations…
The same Hindernberg, that is banned from doing reports in the US? this seems more like a case of the pot calling the kettle ...
Earlier quoted context omitted.
To add, insider trading and financial misreporting is rampant in Indian stocks. Just look at the recent Hindernberg report on Adani as a starting point. The shocking aspect is that this is accepted as the norm. US stock markets and regulations are not without fault but they are leagues better than stocks in countries like India and China. Oh and to add on to another excellent point you brought up - Indian regulations…
The same Hindernberg, that is banned from doing reports in the US? this seems more like a case of the pot calling the kettle ...
Earlier quoted context omitted.
1. INR Depreciation: A seasoned investor (assuming US investor) must cover this risk by shorting his INR position. This way, he only collects the alpha of the Indian stock market while remaining neutral to the fluctuations of the INR. 2. Indian Taxation: This has been the trend in almost every country. The taxes do not matter if the yield is still higher than your Western yield. It'll pay for itself. 3. Money Outflow…
Agreed with points on tax and repatriation, that is a core part of the service. On the depreciation, most of the depreciation has happened in the zero interest rate environment, which is unlikely to hold true in the medium term. But yes, agreed with the solve there of hedging the currency risk independently, cost of hedging has to be baked in though. If you are interested in the product, do check out the website / fi…
I lived in India until 2014—all the SIPs were shitty and ran old school software and UI. Maybe things have changed now, but 98% of India does not do any active investments other than Fixed and savings deposits.
Since the target is Indian expats, that probably doesn't matter much, but be aware the name INRI has strong religious connotations in the West [1]. [1] https://en.wikipedia.org/wiki/Jesus,_King_of_the_Jews#INRI
It does in India too. With Easter around the corner, I thought of Inri Appam [1][2]. [1] https://en.wikipedia.org/wiki/Inri_appam [2] https://www.youtube.com/results?search_query=inri+appam+east...
Also, it's funny (and probably not accidental) that it's also called Pesaha, which is basically the name for the Hebrew/Jewish celebration from which Christian Easter is derived.
What about expats without pan card?
Curious: Why focus on wealthfront for expats? Why not simply a wealthfront for India? I lived in India until 2014—all the SIPs were shitty and ran old school software and UI. Maybe things have changed now, but 98% of India does not do any active investments other than Fixed and savings deposits.