Feel that many of us during our initial years in US have some of these ingrained financial instincts like directing all savings to fixed & recurring deposits, buying a home, using insurance policies as investments and being risk averse to market investments. Based on my experience, just wanted to share some quantifiable inputs. Priorities, necessities and understanding differ and below is just a personal perspective. Some mistakes, which I made. Transferring Dollars to India to fund fixed deposits for better returns. Returns offered by banks are proportional to inflation. If the return offered in India is 7%, inflation would be around 5%. Similarly, if the return offered in US is…