Thank you. Been following your videos. What I like is your candour and the "work in progress" nature of your thinking. Not preachy and not fixed rules. Keep up the great content!
Very useful. I have somewhat similar situation but the bucket framework provided me with some food for thought on how to develop clarity. People with no pension have challenges and do need a framework that assures. Agree that over a period too many mutual funds get into portfolio
I have been following your videos and interviews. It has given me a very solid framework and i am on my path to be able to retire in a few years. But never really understood how to make the calculation on the withdrawal bit after retirement, how long it will last etc. todays video gave full clarity on that. Thanks a lot!
Question : 1. If your cash bucket represents 4 years of expenses. And your FIRE Net worth represents 40years of expenses, shouldn't cash portion always be equal or more than 10% ? Also, since you mentioned, you took money for car in here as well wont it be more than 10%? 2. Your long opportunity bucket also have 9% so have you kept your NW for ~44 years ? (9% is almost 4 years worth of expenses). 3. When you started with 30 years in long term bukcet, then you would have had 75% in Equity. Then how did you rebalance and got it back to 60% ? Did you rebalanace within next 6 months or you took time? Waiting for your video where you show how you rebalance, how you start at year 0 and how you track NW in any given year? If equity is always in 60-65% range, that means you will end up not selling and then how do you make sure to refill your cash bucket? Suppose if you decide in 3 years later you want to make a big ticket purchase like buying a home (home loan EMIs or car purchase) then how do you fill cash bucket?
Thanks a lot, it helped me to understand how i have also roughly distributed my portfolio similar to your in term of ratios without even realising it. Thanks for the validation!
Really inspired by your journey. Hope more people can educate others about this topic. I fully agree with your comment on alternatives, it’s too much to track and handle, not worth the hassle. Lastly, I am in the same boat as you with regards to default in alternative investments, thanks to Big Spoon 😂
You have covered your portfolio well and clearly done a good job over the years. I don’t particularly see a higher number of mutual funds as a negative as long as it covers an optimum mix in terms of large, mid and small cap sectors which you can define according to your appetite. One change which you rightly pointed out is to rebalance to meet that objective. Anyways having said that, errors of commission are always way better than errors of omission 🙂
Speaking of professionals, have you guys heard of RPC Wealth? They've been managing my portfolio for the past couple of years, and I've seen significant growth in my investments.
Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.
Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.
I had done sip in gold mutual funds until I reach 10% of my portfolio. This gives me flexibility whenever I want to invest and whenever I want to withdraw
Very informative, Ravi. Have been investing since 2008 ...at that time we only had regular MF not direct MF! For short term cash component how much percent is kept in saving bank/FD? Do you calculate corpus requirement pre or post tax?
Handa sir, you're a great narrator and teacher! I really enjoyed the episode. I have a question. Despite good equity exposure, I would say you have a very conservative investment mindset. I assume you retired with ~9 crores. How have they performed over the last two years? What was the ~ percentage of unrealized appreciation? Also, Kindly suggest some platforms where we can do angel investments in a structured manner.
Thanks for your kind words. It is hard to track absolute / percentage returns because of the sort of portfolio that I have and because I keep withdrawing from it. No such platform. I mostly invest via friend network.
How do you manage one time investments in this strategy? For example, for kids higher education, do you park the money in long term or short term funds?
@@desifirepodcast How did you sell your education platform to one big company. I am talking about that. IF possible please make one video related to it.
Sir what ratio have you put in real estate compared to your fire corpus, and what could be an ideal ratio of real estate (use purpose) : fire corpus (as metioned in the video)as per your experience ? Thank you.
You talk the reality of someone like me who is experimenting with money, and really bring out the similar thought. Specially, having too many funds and alternate investments platforms. I also put very less allocation of the money in the high risk instruments, but it's too much hassle to manage it. Absolutely aligned with all your videos.
Make it simple....put 2 crores in 10 year FD in Nationalised bank....with zero risk you can earn Rs. 1.2 lacs per month as income ....if the long term goal funding is saved then you can retire
Very informative. In the actual bucket strategy, funds would flow from long term to medium term bucket and from medium term to cash bucket. Have you also looked at govt schemes like rbi floating rate bonds ?
Thanks for your video Sir looks good learned some new things, one question, one of your video you mentioned swr(safe withdrawal rate of your portfolio is 3.33% ) per year then how the cash bucket of 8.2% would be enough for four years?
Let's assume his portfolio size is 12Cr. Per year 3.33% safe withdrawal amouts to 40L per year. For 4 year it would be 1.2Cr. Cach bucket is 8.3% of porfolili, which is 1Cr and will cover 4 years (20L short based on my assumption here) But these numbers are falling in line.
Mutual funds is a simple and humble product. I have redeemed all PMS lately and reinvested in mutual funds. Pms are just ego fulfilling products sold to HNI clients without adding much value.
Videos daalte ko logo ko seekhane ke liye nahi khud ke paise kamane ke liye from youtube.... koe contact kare kuch samajhne ke liye, to arrogance deekhte ho... stop presenting yourself as you are there to help everyone... hypocrite
Huh? Aisa kya bol diya yaar maine. I think I try to help people who contact me. I have been doing that for 15+ years. I am available on twitter and linkedin if you want to reach out.
@@desifirepodcastHuh ? The way you behaved was very disrespectful... and pls just don't treat people like that who approach you to seek some guidance.... if you pose online that you are trying to help people pls do so aswell... coz everyone believes you once you come online and say that you are ready to help everyone and anyone... just a suggestion
12 Crore ka hi hai bhai 1200 Crore ka nahi If he starts driving luxurious cars his net worth will decrease and he may have to start looking for a job again so no financial freedom.
12 crore ka hi , kya itna paisa kewal Hota Hai, Kitna logo ki networth hotel hai 12 crore Sharad 1 percent se bhi Kam, aap hi Batao bhai, kya 12 crore rich category main nahi aata hai dost?
@@siddharthsharma5959 Government daily money print kar rahi hai jisse ₹ ki value decrease ho rhi hai For us ₹12 Cr is a lot as we don't have it but the actual rich people like cricketers, actors, businessmen are making that much in a year. So with someone who has 12 Crores that's all can't go and spend all his money. It will create a pressure and that will lead to look for a job again.
Nahi hi chalaata wo bhi. 8 saal mein 35000 chali hai. Kaam hi nahi aati. Kharcha mein un cheezon par karta hoon jinme mazaa aata hai - single malt whiskey being an example.
Its about priority. or agar Bhai ko car ka shok hota to 12 Cr kabhi nahi jod pate bhai. Today he is financially free. who cares what car he drives. cheers !!
For me Gold should be physical majorly if not always. Reason is family background. My grandparents came to India from Pakistan at the time of partition. So only thing that work for them was the amount of gold they was able to bring it with them. Which help them to survive. So thought process is it’s could be extreme case when suppose government collapse or bankrupt. We have example of this in history. I know we can say it’s hard to keep and you will at least put it in bank locker how safe it is then. But still you can keep some with you. And some with different locker or one locker easy enough to access. Hope it might make sense. And it is just my point of view
Great video @ravi! They make a good night watch for the curious :)
Thank you. Been following your videos. What I like is your candour and the "work in progress" nature of your thinking. Not preachy and not fixed rules. Keep up the great content!
Very useful. I have somewhat similar situation but the bucket framework provided me with some food for thought on how to develop clarity. People with no pension have challenges and do need a framework that assures. Agree that over a period too many mutual funds get into portfolio
Hopefully it will be sorted in next couple of years.
I have been following your videos and interviews. It has given me a very solid framework and i am on my path to be able to retire in a few years. But never really understood how to make the calculation on the withdrawal bit after retirement, how long it will last etc. todays video gave full clarity on that. Thanks a lot!
Glad you liked it.
Question :
1. If your cash bucket represents 4 years of expenses. And your FIRE Net worth represents 40years of expenses, shouldn't cash portion always be equal or more than 10% ?
Also, since you mentioned, you took money for car in here as well wont it be more than 10%?
2. Your long opportunity bucket also have 9% so have you kept your NW for ~44 years ? (9% is almost 4 years worth of expenses).
3. When you started with 30 years in long term bukcet, then you would have had 75% in Equity. Then how did you rebalance and got it back to 60% ? Did you rebalanace within next 6 months or you took time?
Waiting for your video where you show how you rebalance, how you start at year 0 and how you track NW in any given year?
If equity is always in 60-65% range, that means you will end up not selling and then how do you make sure to refill your cash bucket?
Suppose if you decide in 3 years later you want to make a big ticket purchase like buying a home (home loan EMIs or car purchase) then how do you fill cash bucket?
Thanks a lot, it helped me to understand how i have also roughly distributed my portfolio similar to your in term of ratios without even realising it. Thanks for the validation!
Glad it was helpful!
I think you should have a video on how did you create a corpus of 10-15 crores . Once you have that portfolio management is easy
Really inspired by your journey. Hope more people can educate others about this topic.
I fully agree with your comment on alternatives, it’s too much to track and handle, not worth the hassle. Lastly, I am in the same boat as you with regards to default in alternative investments, thanks to Big Spoon 😂
Bhai bhai :)
Ravi sir, very good video... Appreciate the humility you bring out in your videos..
So nice of you
Nice information for those who are thinking on line of FIRE 😊
Thanks
Thank you for the very informative discussion !
Glad it was helpful!
Thank you for making such videos sir ... This video was much awaited one... Thanks again... Stay blessed sir
So nice of you
You have covered your portfolio well and clearly done a good job over the years. I don’t particularly see a higher number of mutual funds as a negative as long as it covers an optimum mix in terms of large, mid and small cap sectors which you can define according to your appetite. One change which you rightly pointed out is to rebalance to meet that objective. Anyways having said that, errors of commission are always way better than errors of omission 🙂
I don't see it as a big problem either. I have indicated the same in my video as well. It is an inconvenience.
In the down turns you should be moving money from the Cash bucket into the Long Term Bucket, especially the equities.
Investment banking can be quite lucrative if you know what you're doing, but it also comes with its fair share of risks.
That's true. I've dabbled in investment banking myself, but I prefer to leave the heavy lifting to the professionals.
Speaking of professionals, have you guys heard of RPC Wealth? They've been managing my portfolio for the past couple of years, and I've seen significant growth in my investments.
RPC Wealth, you say? I haven't heard of them before. What sets them apart from other advisory firms?
Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.
Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.
Thanks Ravi for sharing these super useful frameworks so candidly 🙏🙂
So nice of you
I had done sip in gold mutual funds until I reach 10% of my portfolio. This gives me flexibility whenever I want to invest and whenever I want to withdraw
I am not a big fan of that for two reasons - yield and capital gains.
Thanks for the informative video.Do you buy SGB from Secondary market as well?
I have done it. But sort of rare. Cant time it well enough.
Are you sure about inflation just being aeound 5%?
Very informative, Ravi. Have been investing since 2008 ...at that time we only had regular MF not direct MF! For short term cash component how much percent is kept in saving bank/FD? Do you calculate corpus requirement pre or post tax?
Mutual Funds can be liquidated in two days. No need for savings and FD .
Handa sir, you're a great narrator and teacher! I really enjoyed the episode. I have a question. Despite good equity exposure, I would say you have a very conservative investment mindset. I assume you retired with ~9 crores. How have they performed over the last two years? What was the ~ percentage of unrealized appreciation? Also, Kindly suggest some platforms where we can do angel investments in a structured manner.
Thanks for your kind words.
It is hard to track absolute / percentage returns because of the sort of portfolio that I have and because I keep withdrawing from it.
No such platform. I mostly invest via friend network.
@desifirepodcast cool. Thank you for the response, Handa sir!
He sounds exactly like R Madhavan
Thank you.
How do you manage one time investments in this strategy? For example, for kids higher education, do you park the money in long term or short term funds?
It would depend upon when youll use money.
Please make video how did you take exit form your startup in details.
Unfortunately, I haven’t. Yet.
@@desifirepodcast How did you sell your education platform to one big company. I am talking about that.
IF possible please make one video related to it.
Sir what ratio have you put in real estate compared to your fire corpus, and what could be an ideal ratio of real estate (use purpose) : fire corpus (as metioned in the video)as per your experience ?
Thank you.
In my opinion, real estate investments should be 0. You need to own your primary residence for peace of mind but beyond that, it doesn't make sense.
Thak you for the information❤
Do you consider the same fund in a different folio as a seperate fund or the same fund?
Same fund.
You talk the reality of someone like me who is experimenting with money, and really bring out the similar thought. Specially, having too many funds and alternate investments platforms. I also put very less allocation of the money in the high risk instruments, but it's too much hassle to manage it. Absolutely aligned with all your videos.
Hopefully we won't do it again. And if we do - we will do it with higher amounts.
Make it simple....put 2 crores in 10 year FD in Nationalised bank....with zero risk you can earn Rs. 1.2 lacs per month as income ....if the long term goal funding is saved then you can retire
Very informative. In the actual bucket strategy, funds would flow from long term to medium term bucket and from medium term to cash bucket. Have you also looked at govt schemes like rbi floating rate bonds ?
I am sorry I haven't. Debt funds invest in govt bonds so I guess they take care of it. Any additional advantage in them?
Thankyou sir.Very good information
So nice of you
Some money (say 1%-5%) in $BTC and $ETH/$SOL to hold for 5+ years? Perhaps through some ETF product like $IBIT?
Thanks for your video Sir looks good learned some new things, one question, one of your video you mentioned swr(safe withdrawal rate of your portfolio is 3.33% ) per year then how the cash bucket of 8.2% would be enough for four years?
Let's assume his portfolio size is 12Cr.
Per year 3.33% safe withdrawal amouts to 40L per year. For 4 year it would be 1.2Cr.
Cach bucket is 8.3% of porfolili, which is 1Cr and will cover 4 years (20L short based on my assumption here) But these numbers are falling in line.
For four years it is 1.6cr bro..so it's huge shortage
@@karthickn7280 Thanks for correcting.
Thanks. Very insightful.
Glad you enjoyed it!
very well done !!
Thank you! Cheers!
Very informative video
Glad you think so!
There is no PMS/AIF in your portfolio. That is surprising considering your portfolio size.
I never understood the point of PMS over mutual funds to be honest. And the ticket size was too large to just experiment with it.
Mutual funds is a simple and humble product. I have redeemed all PMS lately and reinvested in mutual funds. Pms are just ego fulfilling products sold to HNI clients without adding much value.
When you make new money, you should put that in direct equity.
IF (not when). I have very little hope of making new money.
@@desifirepodcast paid tweets se kamao na bhaiya😛😂
can you share these slides - seems a good template to follow for retirement planning - if you dont mind of course
Any suggestions on how do I do that?
Telegram group
@@desifirepodcastgoogle slides or drive - share and select public, get the link. Paste the link in video description
Expenses 20 to 25L p.a?
Yes.
Handa sir rocks
Bahut complicate portfolio. A single balanced advantage fund will give you the same risk protection.
Yes, you are right. But I already have these investments. So cannot really change things.
Please make it simple
I hope to do that in couple of years.
Spray and pray.....
15 k from twiter ... that was a blunder you did
Was a bit that didn't work. Wasn't a blunder. Have done far worse.
Bucket strategy?? Where's the mug?? Ha ha Just joking?
😊
Too much complicated Portfolio, Keep it simple.. reduce MF ..!
You are right. I will.
Videos daalte ko logo ko seekhane ke liye nahi khud ke paise kamane ke liye from youtube.... koe contact kare kuch samajhne ke liye, to arrogance deekhte ho... stop presenting yourself as you are there to help everyone... hypocrite
Huh? Aisa kya bol diya yaar maine. I think I try to help people who contact me. I have been doing that for 15+ years. I am available on twitter and linkedin if you want to reach out.
He is always trying to help ppl...what nonsense are you talking .
@@Kumro83 i shared my experience and who asked for your stupid opinion ?
@@desifirepodcastHuh ? The way you behaved was very disrespectful... and pls just don't treat people like that who approach you to seek some guidance.... if you pose online that you are trying to help people pls do so aswell... coz everyone believes you once you come online and say that you are ready to help everyone and anyone... just a suggestion
Itni kanjoosi Kyun Karte ho bhai, 12 + cr ka portfolio hai aur 8 Saal Purani Gaadi Chala ke kya seekh de rahe ho? Chindi mat banao, dhanyawaad aapka
12 Crore ka hi hai bhai 1200 Crore ka nahi
If he starts driving luxurious cars his net worth will decrease and he may have to start looking for a job again so no financial freedom.
12 crore ka hi , kya itna paisa kewal Hota Hai, Kitna logo ki networth hotel hai 12 crore Sharad 1 percent se bhi Kam, aap hi Batao bhai, kya 12 crore rich category main nahi aata hai dost?
@@siddharthsharma5959 Government daily money print kar rahi hai jisse ₹ ki value decrease ho rhi hai
For us ₹12 Cr is a lot as we don't have it but the actual rich people like cricketers, actors, businessmen are making that much in a year.
So with someone who has 12 Crores that's all can't go and spend all his money.
It will create a pressure and that will lead to look for a job again.
Nahi hi chalaata wo bhi. 8 saal mein 35000 chali hai. Kaam hi nahi aati.
Kharcha mein un cheezon par karta hoon jinme mazaa aata hai - single malt whiskey being an example.
Its about priority. or agar Bhai ko car ka shok hota to 12 Cr kabhi nahi jod pate bhai.
Today he is financially free. who cares what car he drives. cheers !!
For me Gold should be physical majorly if not always. Reason is family background. My grandparents came to India from Pakistan at the time of partition. So only thing that work for them was the amount of gold they was able to bring it with them. Which help them to survive.
So thought process is it’s could be extreme case when suppose government collapse or bankrupt. We have example of this in history. I know we can say it’s hard to keep and you will at least put it in bank locker how safe it is then. But still you can keep some with you. And some with different locker or one locker easy enough to access.
Hope it might make sense. And it is just my point of view