How to invest for your kids? (or for long-term goals) ft.
ฝัง
- เผยแพร่เมื่อ 11 ก.ย. 2024
- 👉 Book your spam-free call with Ditto Insurance:
bit.ly/3Gd3Znu
________
👉 You can check Ayushi's TH-cam channel here:
youtube.com/@A...
________
👉Don't get scared with Market Falls, learn about Markets fundamentally: :
wisdomhatch.co...
________
👉 Learn Economics/Finance/Stock updates @159/month: / @akshatzayn
________
Investing 1 CR for our kids.
How are we going to do this? Where are we going to invest?
Watch this video till the end to understand to know our plans :)
P.S: NOT AN INVESTMENT ADVICE. Please do your own due diligence.
********
Sign up for my Newsletter ► wisdomhatch.co...
Linkedin► / akshatshrivastavainsead
Twitter► / akshat_world
Instagram► / akshat.world
********
Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Video and TN editor: Ayushman Khare
*********************
Sign up for my Newsletter ► wisdomhatch.co...
Linkedin► / akshatshrivastavainsead
Twitter► / akshat_world
Instagram► / akshat.world
***********************
Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
![From 30,000 to X Crore in 12 years! [SKILLS, HABITS & MINDSET we built] ft @AyushiChand](http://i.ytimg.com/vi/_jaZrtHfScw/mqdefault.jpg)
👉 Book your spam-free call with Ditto Insurance:
bit.ly/3Gd3Znu
____________________
👉 You can check Ayushi's TH-cam channel here:
youtube.com/@AyushiChand?si=6CKf2PIx2LFtKNJZ
________
👉Don't get scared with Market Falls, learn about Markets fundamentally: :
wisdomhatch.com/stock-market/
____________________
👉 Learn Economics/Finance/Stock updates @159/month: th-cam.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html
____________________
Isn't it would be good to go for midcap index fund (yes volatility is higher) than flexi cap fund considering 20yr time frame. Pls advise you view point. Thanks
Hi Akshat ,
Nice video & helpful tips .
How do invest in usa based stock market , via which platform ?
What are tax implications on usa based investment please explain or make a video on it
Thanks
Can I get your email id sir?
Mutual funds would attract the taxation.. Sukanya Samridhi is in EEE category.. to effective return would be somewhat close to 12%. In that sense it's a considerable SIP type of investment which guarantees your return but not linked to market. I think you shall encourage people on this point. Obviously unless govt don't decrease the return.
Having said that, I agree with you point in your earlier videos on avoiding expense ratio and invest in index stocks in the same ratio.
13:38 you are contradicting your own point man. You started the discussion keeping 20 years as target and displaying nifty 50 benchmark returns. And while talking you are scaring people that within 8 years the govt would collapse. 😅😅
So refreshing to see Akshay and Ayushi speaking so candidly and transparently and actually advising us, like we are their dear friends. Your insights really do make us wiser. Power to you both. Keep it up!
Feeling extra gareeb watching this video. 😢
😂😂
I’m also with you
😂😂
😂😂
😂😂
Guys dont lament at the corpus of 1 cr. The point which Akshat's better half is repeatedly making, is that the corpus ia flexible for each family for them its one cr for you it can be one lakh also. Now surely with one lakh you cant invest in real estate but you can invest in other assets like equity, govt schemes, fds, sgb etc. We all need to start somewhere rather than lamenting "where will i get one cr from!" Take the embedded lesson dont go by the corpus, implement it on your own lives and scale up as you go with it
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
It is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 950k within a year, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@@Dantursi1 Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
I'm being guided by “Leila Simoes Pinto’’ who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thanks, I just googled more about her, I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
when i see both contradicting and putting up different view points boldly, transparently and unashamed. This shows its a honest conversation and not a scripted one and winning our trust.
No. This is not an extempore conversation. This is a carefully scripted, well thought through video.
Your kids are blessed, not for the money you're investing but you seem to be good parents they can look up to
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation
@@manu4690My Financial adviser is ‘’Teresa Lynn Carmi’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@maysasatanThis is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free
This is an amazing goal so many of us are striving for, Trying to build wealth and diversify assets
Can't advice you on the best approach i'm not a pro but will recommend you speak with an Advisor, Martha Cornell Kerns, her constant advice have helped me a lot.
Congrats, you're really doing well for yourself
goodluck, for me is not about starting but making the right decisions
If myself and my wife have so many disagreements in a single conversation, we would not complete the it without having only disagreements. 😂
We have started investing on SSY and in 21 years its gives bulk figure of Rs: 68Lakhs roughly but as you say in SIP investing it should reacg 1 crore right, why SSY is giving only 68Lakhs? anyhow they are also going to invest on SIP kinda instruments so why this difference?
Since you are not brave to invest in Equity 😂...give it to Govt and they invest it on our behalf..
what did I just see? Thanks Akshat and Ayushi. very genuine souls. May you grow and help others.
For sukunkya scheme is tax free on maturity. But index fund is taxable at maturity which be 30%. And if your index fund is giving 12% return then 4% will go as tax and in hand you will get 8% only which equals sukunya scheme
Best statement of the entire video " our kids are our assets" ❤
Aaj kal finance k chode, baccho ko bhi asset bana rahe hai.
Only time will tell if the kids turn out to be assets or not 😂These days it is very common that your "assets" throw you to old age homes with no mercy whatsoever.
But it's good on the parents part that they love their children and want to safeguard their future.
The advantage with SSY is that it enjoys an exempt-exempt-exempt for taxation.
So with tax correction built in, the net returns actually become 12% or so.
That said i haven't invested in SSY either. I just think that the tax adjusted returns are in fact quite reasonable.
U mean u have invested?
Agree with this point... Diversification in SSY and PPF would be the right decision along with index, equities and mutual funds..no one can guarantee that Japan scenario won't happen here, any chance similar things happen, it will spoil all our investments like index funds, equities, MFs... Also note that the returns received from SSY and PPF are completely tax free and other charges free.. It will be collected 100% though return is less than MFs
Absolutely my thoughts. Also SSY is a secured investment. Your SIP may be taken away by big corporates by claiming that markets have fallen drastically
How I invested 1 Cr here: Invested 50 L in corporate bonds, 50 L Dividend yield stocks. Auto invest of the that Bond"s interest income & Dividend income into the Monthly SSY.
Did you do this a bank or urself is ur portfolio getting assisted
Stocks forum running an ad campaign with your picture....
I think you should take necessary action.... couldn't add the screenshot in the comment box
Akshat bhai
U r so simple and humble . Such a good soul . Ma'am also seems like a kind hearted woman
Thanks akshat for providing fin literacy, the insights are very helpful, hope your conversation will help many to improve fin health, thanks ayushi for collaborating with akshat
Hi Akshat, when u mentioned alpha as 5-6% on investing in equities, I feel that is incorrect, because there is a LTCG (considering you hold index fund/equities for approx. 20 years). As per my understanding alpha will be around ~4% whereas SSY u get pure alpha of ~2% (tax-free interest). Also, in my opinion, Indian markets are going now but how can we assume it will grow at 12% CAGR over the next 20 years. Not trying to say that SSY is better than equities, but there are a few assumptions (LTCG remains constant for next 20 years and Indian index fund grows by 12% CAGR)
Ltcg is 10% only after this also there will be huge difference in Corpus compared to ssy
LTCG may go up to 30%
Is it wise to open a separate Demat account for the minors and buying stocks. Or in future how shall we handover the stocks to them considering that Demat account cannot be transferred. Then if I do transfer my share it will become critical and taxable too..Please throw some light over this Mr.Akhsat & Mrs.Ayushi 😊😊
Hi Akshat, please make a video on this
Extremely good insights, got to learn a lot. Thanks Akshat.
Hmm...now I realised that I can't even afford to raise a single kid 😅😂
Why are not investing in BTC in your kids portfolio because we all are bullish on that over the long-term. Any specific reason. Your thoughts would be highly appreciated. Thank you.
Bro called us and our parents poor in multiple ways in 1 video 😂😂
Truee
I feel investing in small cap funds for 20 years is a lot better thing.
Nice analysis. I would like to invest 20% in Fds so that if Stock market falls drastically due to some shocking incidents, I would invest in equities. It'll also help for getting VISA.
Enjoyed the candid conversation. All key points covered well 😊
The most important point which TH-camrs don't tell people is that exit timing...market always grow-long term--true...but at the same time it passes thru cycles...your return is all depend on when you need that money and market is at what level at that point of time...just imagine..covid crash...your 1cr portfolio value drop by 60%...you loose your job and now you have no choice but to take out that balance 40 lakh from market...
Wonderful video. Thanks to both of you for taking the time and effort to make this video. Indeed very helpful for new generation parents. Thanks to you again and wish the very best for your kids and both of you.
12:52 - Gold chart shows a cup and handle pattern. So in technical aspects, gold is getting ready for a good upward move.
I second that as commodity cycle is long we are in for a long up cycle for a period of say 8-10 years beginning from 2019
A video with a lot of practical information about finance.
I think the SGBs are basically NOTES of buying the specified amount of gold i.e in simple terms it is backed by gold or could be thought of as receipt for holding the gold by the govt to the bearer. So is it right to say that "SGBs are paper money and not similar to holding physical gold" ?
Because physical gold also is not kept in locker most of the time as families are moving from one place to another. And we keep the gold at our own risk. Doomsday scenario is possible in both (SGBs and physical gold) cases.
sir, I think you should I a small portion of your portfolio in Bitcoin. which is a community. that Your son can also say my father bought Bitcoin at this low price. love you, sir. im learning a lot of lot things from you sir love you
biggest advantage for both of you is getting that level of eduacated and smart people as spouse
Bro don't write to this scammer. He is not Akshat Srivastava. He is a scammer.
Im 30 years old and have about 45 lakhs in all my accounts. Am i rich?
Hey, good vid however you havent covered taxation. sss is tax free compared to index funds or equity so it may not be as bad as you made it sound.
@AkshatZayn ... Take that 1cr split into 70L and 30L put 70L in index fund, 30L in arbitrage fund, arbitrage gives around 5-6% + benefit of equity taxation, withdraw 1.5L from arbitrage fund every year and put it into Sukanya Samridhi account, this will keep your wife happy as well as grow your corpus sensibly with a relatively lesser risk for an important goal like kids future
Best Jodi ever ...mam and sir lots of things u teach us ...thanks for telling us about investment
If she is a govt employee
Can she can invents in us stocks??? And US mutual funds like In NASDAQ??????
Is it legal for a govt employee to??
Great to see you both together.......... Very interesting and insightful discussion
Is 1CR in kids name?
Why Infian govt have tax break?
Are these funds on maturity taxable?
21:08 : Process realted question : all this investments which you have done are in name of your kids (Minor)? Did you open their demat account in zerodha?
Can you please share details? And also effect of taxable in any case minor / in name of yours
Your children are your assets👏👏
Not anymore bro, these days it’s very difficult to be dependent on your kids for your old age.
The whole society is changing so it’s not just your kids or my kids scenario.
Super vavlavble information thankyou very much AKSHAT
akshat bro very useful video ...& u r very lucky to have intelligent wife like her also
Thanks to you both for an insightful conversation. I am scouting for Real Estate Property which would give me minimum 9-11% annual yield.
If govt defaults, forget SGB; do you think all holding in stocks and mutual funds will have great value?
You guys make a great couple. Touch wood.
I like the way she looks at you man! You have already won the game of life.
Hi @akshatzayn you have been mentioning about the Airbnb business for sometime now, is it live now? Please share more details on it. Thanks.
So how you are covering Tax on Equity investment Vs Suknya Samriddhi
Thanks and love your videos , which are always helpful. Please also make a video on how to get better yields on what kind of real estate propeties,Thanks as always.
Thank you very much for sharing this!
Sukanya samriddhi returns are tax free. Even ppf too. Can you pls discuss the tax amount (long term capital gain) with index investing
What is the maximum years for s.i.p the more years, the better returns would be bc of compounding right? Can I invest 10k for 40years ad get 10cr when I retire? This makes much more sense. Ofc 18-20 years is expensive age but when you retire you can build a home for constant rental income for kids. Which is better to enjoy life.
Please can you suggest quant active fund vs parag Parikh growth if I have high risk capacity and 10 year time on monthly SIP.
Very very informative. Thanks a lot.
Just want to know that to invest in index fund do we have to get Demat account open for 2 year old kid ? If yes then how to get Demat opened for toddlers ? as there would be a requirement of PAN etc ..
20 yrs small cap mein Dale to ...index se better nai rahega kya
My man, please make a video on real estate yield
hi Akshat, would you install 50L one shot lumpsum in index funds or do you have any strategy for that as well. We would like to know.
God bless u, thankx fr mking good vdos
Thank you, Akshat! Great insights.
How come they have 2 children, few months back when i saw a video they only had a son now they have a baby girl.
Sid they adopted her?Anyone?
Can we open demat account for our kid who is less than a year..or we should invest in our own account??
that pattern of conversation is rare,, In my home, you could literally hear banging utensils for each counter argument.
The amount(lumpsum) you showed in the calculator is 10L not 1Cr.I mean you said you investing 1 cr but showed 10L.Please kindly verify it or I am so poor that I don't know how much zeros are there in 1 cr🙂.
Guys I want to tell everyone that I am invested for over 12 years and have a portfolio of more than 8 digits have done studies on mutual funds.
Please buy index funds for small, mid , large and in flexi cap. I can bet no one can ever beat index funds in any category.
I agree but except for Momentum Investing...
Hi, thank you for the all the work you have put in, its really transformative.
I have a very different question, if there is person that has no family liabilities to take care of and just wants growth, is not particularly bothered by volatility, and his/her goals are flexible of say travel, has decent health insurance, what would you advise such a person?
How should that person invest? Should they still have asset class diversification or given that equity will more or less surpass other asset classes and is easier to manage than say real estate, should they go in 100% equity route albeit in a diversified way (even between Indian and US markets)?
More to go
Based Bangalore in 25 yrs real estate and gold grown 15 times, fd 4 times and share market 5 times in my investment
One can save for children, but he or she cannot write their fortune and destiny.
good to see you both... liked the content as always...
Which index fund is good for long term? Is there tax on mutual fund gains? ssy not comes under tax?
Hi, is putting money in Postal life insurance Endowment plan worth
If u believe in market, SGBs is worth giving a thought.
Very nice video Akshat and I agree. Thanks so much for your time and great contents 🥲
Great video Akshat
My question is how you structure this investment?
Would that be your names (I.e parents name) and later gift them?
Or create a company name with benefit trust ?
I would like to know from the taxation point of view for next 20 years until the kids are old enough.
I would like to know the best practices that are available in India for building kids portfolios.
Do you have a separate Demat account / Pan card for kids. How you plan to invest. In your Demat account. If your account. How you transfer to your kids.
Wow. This is interesting!!
Hi Akshat, Why are you not thinking to Invest Kid's education money to some dollar(USD) backed stock/index directly & holding USDs but not INR. I saw one of your vid/post(can't remember exactly) that for another 10-20 year US dollar will remain remain strong which means INR will devalue further (probaby another 30-40 % in next 20 years from current price).So, If your children wants to study abroad then overall it will be devaluation to the investment but If one hold it in USD then it's a win-win situation.
Schemes like Sukhanya etc can be used for hedging against inflation.
This is for worst case scenarios like, lets say, your kid needs huge funds for college fee, but the market had crashed by 50-60% in the previous year. If he is forced to liquidate he will lose a lot of value, but schemes like sukhanya etc would have atleast protected the value of the initial amount as the govt will always be giving returns higher than inflation.
I'd say put 10% of the fund in schemes that are a 100% inflation and recession proof.
That's my 2 cents. Otherwise i love your split. 20% blue chips picked with your knowledge of the market is going to be more than 50% of the future value in my opinion, simply because of your skillset.
Good luck to you.
Lovely couple. God bless you 😊
How much monthly amount should I set aside for my great great grand child now🤔
If you want your kids to study abroad in USA/Canada then perhaps in 15 years it would easily cost 10-15cr INR just for their education not considering scholarships.
So, is 1 cr even going to be enough or how would we know what is going to be enough?
As education having highest inflation these days
Ae tu jaa re scammer
Thanks for this video. Very curious to know - Is there a way to segregate the investments I am making on the name of my kids. Like how will I keep separate accounts for my 2 kids' portfolio.
Thanks for this informational video
No body need not to compare financially with Akshat.
His philosophy of investment need to be understood not replicated.
Start early investing like this couple is doing for their kids. Before that "Time Test" your investment philosophy like they have done individually.
Good bro. All the best. Hope your dream and child dream come through..🎉🎉🎉
Thats a sensible strategy. It comprises all elements of Growth , Hedging and regular cash flow components.
In sukanya samridhi scheme the money is tax free and in index fund u have to pay the tax
Sukanya samruddi has ceiling of 1.5 lakhs per year....
One can't invest more than that or 1 crore at a time as bulk investment...
So calculating returns on 1crore on this product, doesn't make sense....
Key benefit of Sukanya Samriddhi Yojana is that the 8% interest you get is tax exempt. Your investment in equite is going to get taxed at roughly 18-20%, making real returns close to 10%. This makes it much better than any other debt instrument. Unless you are recommending a 100% equity portfolio (I hope not), investing in SSY is a no-brainer IMO.
Global funds especially US based you forgot that. They will add some currency appreciation value per year since your focus was kids education abroad. Your comments.
This guy sometimes indirectly brags more than actually teaching.
You are not telling about tax part ? Have u considered it ?
How we can say SGB defaults in case sovereign collapes?
In my understanding,if government fails its d stock market will take the hit first
Homeschooling and study abroad.if there is options out there, then BIG WOW!
I am not aware of that.