October Sky

October Sky

"October Sky" is one of the best inspirational movies, seen by me. This article is not about the movie. There are two reasons for that. First, I can't write anything better about the movie. So who are interested in the movie should watch it. If you want to know more about the movie, check out the imdb link "http://imdb.com/title/tt0132477/". Second, I had something better to write about, something good about money and investment. I can see twinkle in your eyes. Alright I will stop boring you. Let us get down to business.

Two investment opportunities:

1. Bangalore lands
Every year after the month of October, real state prices in Bangalore rise. There are differences of about 2%-5% in the prices of 'lands' and 'apartments'. why is that?

There is only one reason. US VISA allotments are announced in the month of October. People do not invest their money in real estate, if they are hopeful about getting their VISAs approved. And once that hope is gone, people want to put their money in real estate.


2. American skies
This is December. There is something going on Job Market. Are you observing it? No? Hmmm.

There many consultant firms, say about 15 of them, who are looking for software professionals. These firms have a plan, which might interest you. They want to place these software professionals in US as consultant on a work VISA, H1B to be specific. There is bond, or service agreement as they call it, which would ask you to go to US, if your VISAs are approved. This bond will also cover a time frame, for which you would have to stick with the firm. But don't worry bond also specifies the money, which you would have to pay in case you want to switch firm or don't want to go. Money could be anywhere between 40,000 to 100,000 INR. So say you will get a H1B for about 80,000 (avg.). Good deal. Right?

You might want to consider that if you don't apply this year than you won't be able to get a Work VISA till October 2007. That means you can't go to US for work till January 2008.