In this video, Manoj Arora shares his wisdom on Financial Independence and why he took retirement. If you want to be featured on Wint Wealth too, fill out this form: forms.gle/iuUgM7fyGTfUUiVE9
Guys, Do not leave your job just because u have enough corpus. Find something which u will do after your Job and then leave it. If you dont work after ur Job, ur fitness, mental health and relationship may get spoil.
if we feel we may get better life without job then might quit,but question is that without job our day to day life with discipline somehow it may not be possible
Wint wealth ..please take my requests below; 1. Get a guest who was well off, lost most of it or all of it and bounced back 2. Get a guest who managed much passive income with little money.. not especially corporates but others like teachers, accountants, small farmers etc 3 Get on board a guest who manages multiple small sources of income and managing it efficiently.
He is quite a toxic person full of hateful and biased views going by his comments on X ( twitter) and his ‘freedom’ has resulted in posting 50 such comments every day !😅
The most sorted video I have watched on FIRE. So much clarity! I can so relate to his journey, and what he wanted to pursue after being financially free(writing books, amongst others).
I have left my job with enough corpus. I am doing gym, painting, swimming, chess, badminton and some cooking. I am the happiest person in this world to be job free! And yes, we don't need a job to engage ourselves mentally or to keep remain sane. Job is NOT AT ALL REQUIRED to live a happy and stress free life, if you ask me. One can even open a small business and stay happy.
I am 38, in US(for almost 15 yrs now) moved right after my B. Tech degree, been investing in US market all these days.. planning to come home after 2 years and become FI by investing in Indian Market, Hoping for the best.
@@KunalMagar23 that's the reason i want to retire right? because i don't need a corporate job after 40. you did not get the point, i didn't say i did not enjoy in US .. just want to come back home and not work on regular 9-5. i love travelling.. already covered north and south America.
@@ShivamGupta-wf5ni agreed to an extent but life has no meaning if you live in a foreign country after certain point and age. Janma Bhoomi for a reason.
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult.
@@a6hiji7That is the perception need to change. Retirement is not from the work but from the job a person is doing unwillingly just for money. Ultimate goal is to quit the rat race, achieve financial freedom and do the work in life which you always wanted.
They worked hard. They are telling you what you can do instead of the rat race.. so if you don’t want to do that you can choose to continue your own rat race.
This is best episode. Every one has push factor he explained but no courage to take decision he took. I am in same position. But dont have any passive income. Just assets that yield no monthly income😮.
This guy is ⭐. He didn't say anything new but the message he revised about finance, life, philosophy, ngo, family, retirement in such a calm and clear way just loved listing to it❤
My grandfather has more than 15Cr , but he is still working instead of enjoying, but his happiness in earning money so I don't force him to leave the business.
@oindrilaniogi7568 nhi jb apne us jagah hote h to pta lgta h , unhone jawani se ise apne bche ki tarah pala h to unka man nhi krta ise chhodne ka.. M koshish krta hu unko ghumane lekr jau... Lekin free baith ke bhi kuch din acha lgta h fir nhi ..
Did lots of backtesting and found that 20% SCHD/DGRO, 20% VGT/QQQ/SCHG, 20% VOO, and 40% bonds, or 4%+ money market, match the growth of SP500 in up years but reduce the losses in down years by 40-60%. I'm still looking for companies to make additions to my $350K portfolio to boost performance. Here for ideas.
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
Caroline Suzan Olson is the adviser I use, and I'm just putting this out here because you asked. You can just search the name. You'd find necessary details to work with to set up an appointment.
I invest the same way. You are considered an "Income Investor". We make money two ways. Through monthly/quarter dividend payments; instant passive income. Readily available to reinvest and/or personal use. And the profitable sell of most of our DCA securities. Are we on the same page here?
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
@@ManojArora thanks. Yeah the new found discipline towards investments is great and watching the numbers do give a dopamine rush of sorts 😁 Targeting 2028 to achieve FI & RE by 2029/2030 when I turn 45/46
Even i started at the age of 40....now I am 48...have a reasonable corpus. But had i started around 30..... I would have had atleast 3X of my current corpus. Lesson to all of you please start early. Because corporate life is going to burn you very quickly. So earlier you start...earlier you will achieve freedom
If you have to take 1 thing from the video, the guy who probably has 12-15 Cr and financially independent is still wearing few years old 20$ mi band. He doesn’t need fancy apple or google watches to show off. I bet he would still be driving his 10 years old Maruti or Honda
1000th day of wondering why these videos are free! Well put, straight to the point. So many insights for myself and to share in my network. Thanks again Wint!
Not everything should be monetized (& great job Wint Wealth for keeping these free). Its videos like these that help and give perspective to common people about FI/RE
I am 37, and really it's a struggle to spend each day in job 😢.. I want to do things I like more such as spending time with kids, playing cricket, travel more within India and a small business that will just be sufficient and there is no corporate kichkich and pushing around or the daily stress related to it.
I would consider some structured financial products, such as Snowball, which can provide better income opportunities in market fluctuations. Snowball can not only make profits when the market rises, but also bring income through reasonable settings when the market falls, and some products also provide capital protection mechanisms, so that you can control risks while pursuing growth.
Dear WintWealth please invite a person who is a normal government employee where salary increment is not similar to corporate and the person accumulated wealth from his/her salary.
Superb!! I do have two more questions from Manoj. Please respond if possible: 1.How much is he earning from his NGO(not for profit) ? 2. Income from book selling.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Good interview, very relevant one. But if you withdraw 4% from debt investment that yields 8% per year, your corpus is infact going down after considering inflation.
I took vrs 6 yrs bck and it was very tough initial 4 yrs but now am very busy with various routines and running errands that i hardly find time.... I love nature too much and physical fitness and healthy home cooked food 99. 99 % times and drives my family on similar lines.... Now i am settled on the other side very well and would not persue chase any active income rest of my life, not even consultancy.
Man, this guy on twitter (x) and guy in the interview is completely different. Hope he continues to advocate investing and asset allocation rather than being political in views on x.
I think financially independent and retirement are two different things. First to get financially independent you need to have goals and discipline which I don't have. Secondly, we need to have some sort of guidance (if not good with calculations) on fund allocations and how much do we need to invest to get financially independence which again I don't know. Wish me good luck guys! 😄
the video editing and motion fx team is doing a phenomenol job in explain the intricate details of the video, just notice how thye have skillfully explained fhe SWPs meaning with icins in backdrop keeping the relevance of the topic structure by structure , loved the video as always ❤️
Wonderful insight into the financial freedom journey which as emphasised is 'so easy' and is solely based on the strong foundation of being DISCIPLINED. Mr. Manoj has a PURPOSE in life and that fuels the journey of life. Feeling enlightened after watching this interaction. Thanks for sharing valuable information..
Kindly don’t mislead with thumbnails .. 2.5 cr in 2015 which is almost 8+ cr in 2024… good interview , but give a clear thumbnail .. you don’t need to fish people .. we know what to expect from your videos and we r here to see those interviews 😊
My father has 3 crore rupees with 2 paid off homes collecting 10k rent per month in a tier-3 city. He is 70 and still working as a self employed person. I’m in USA making over 7 lakhs per month. Our family net worth is over 10 crores. As a household, we save over 3 lakhs per month excluding the returns from our net worth (stocks, bonds, FDs etc) I am not planning to retire anytime soon. Guys, Earn more money and equally save more money. Money gives you freedom and you can say SHUT THE F**K UP without even thinking about the consequences..
All wint wealth have simple theme , 1.Get into gov job early , make a lot of money , retire . Someone thats well educated , well off get into tech early --> make lot of money abroad --> retire . I think people born poor , to uneducated parents , those who did have money or connections to get into good companies and college is not represented.
It's much easier after you return back from the US with dollar money. We would rather be much more interested to know from people who have made their corpus staying and living in India. PS: I don't mean to undermine his achievements, but retirement corpus created from dollar money is not really the story that would benefit us as viewers.
Anything that stops ....FALLS ... PLANETS....SOLAR SYSTEM ...UNIVERSE ...KEEP ORBITTING...SO WHEN YOU RETIRE, MAKE SURE THAT YOU HAVE SOMETHING THAT KEEPS YOU MOVING
I QUIT IT JOB AT AGE OF 38 EARLY RETIREMENT BUT MY PASSION IS STOCK MARKET AND THIS IS FOR LIFETIME... SO I AM MY OWN BOSS AND NOT DEPENDENT ON JOB AS WELL AS PEACEFUL LIFE AND GO AROUND ENJOY THE GLOBE.. PS : I TREAT STOCK MARKET AS FULL TIME JOB AND ITS MY PASSION. I FEEL BORE ON WEEKENDS AND HOPE FOR MONDAY WHICH IS QUIET OPPOSITE IN JOBS..
I request all financial podcasters to do a realistic video on how to achieve financial freedom with salary of 50 to 60 thousand rupees per month because 90% of Indian population which comes around more than 100 crore people earn less than 50k per month. I haven't seen one video in which a teacher or government employee or plumber or sales boy or even a software engineer with 50k salary is taking about this fancy term "FIRE" i haven't seen even one interviewies saying his monthly income is less than 1lakh 😂
Great interview and motivation for people who are starting and people who are doubting to make that jump! Irrespective of goals one must start to work on their financial independence and reach retire early which only means that working for money is optional so one can work the same job, something else, or nothing at all! You get time!
But dont quit job, just because you have hit corpus, cultivate a hobby, something which you can do for the empty time which is there when you have left job or else your mental health will get affected which will cause ripple affects in relationships, physical health.
What is this madness about retirement. Most people in 30s think that 40 or 50 is a ripe old age , ready to retire. If financial freedom had been the only reason people work for, then the ones like SRK, Dhoni, Messi , Would have long retired. The list goes on of course. So desire to be able to work at 70 or 80. Don’t hope for retirement. Be careful what you wish for. The great Big B is still working. 😮
The persons you gave as examples are those NOT WORKING FOR OTHERS. There is a difference when you work on others terms and when you work on your own terms. I shall recommend you the podcasts of Morgan Housel who wrote the book psychology of money to better understand this. Well Warren Buffet is still working in his 90 s, He doesn't have a bose to work under ,he is the bose So is SRK , BigB, Messi Financial independence gives you that freedom. Hope you understood
they love what they do.. Most of the people hate working in corporate jobs and only do to porvide for family… people wanna be financially independent to do whatever they like and not essentially retire big difference
Retirement and Achieving Financial Freedom are two different pursuits! Priority should be achieving Financial Freedom which opens up new opportunities.. quit that shit job or leave a toxic workplace or get motivated to work what you’re passionate about.. Stress and all is superficial!
@Change_makers_ oh yes. Financial security should be the motto. If that allows one to be creative and pursue one's passion ,then there is nothing like it. But the word retirement is big misnomer in these situations. Work gives a certain sense of identity, recognition and sense of being. But it may not be possible to switch jobs entirely. In those situations some kind of hybrid arrangements can be done till one gets foothold for a total switch over to a field of passion
The difference is that they work where their passion lies and we work for paycheck only. And so we obviously want to come out of this rat race and have some quality time spending with our dear ones, fulfilling our wish lists in life. And of course we need financial security or freedom.
One thing you forget to ask is what happened to equities in corona? When nifty halved obviously equities also halved so how he managed during those times? Debt I get is okay
First rule of financial freedom according to me no liabilities ..people purchase 2 cr house and then all life long are trapped in corporate slavery + emi
00:04 Saving 10% can significantly impact your life 02:06 Progression from 20-22k to 2-3 lakhs take-home salary and achieving financial freedom 04:06 Realizing the need for Financial Freedom 06:06 Budgeting for future needs is crucial for financial planning. 08:05 Choosing freedom over a job 10:07 Diversify portfolio with 50% equity and 50% debt instruments 12:14 Diversifying passive income sources is crucial for financial stability 14:01 Starting a NGO and writing books for passive income Crafted by Merlin AI.
![Is There a Formula for Financial Independence? [Asking The Expert]](http://i.ytimg.com/vi/L3mX36og08U/mqdefault.jpg)
In this video, Manoj Arora shares his wisdom on Financial Independence and why he took retirement.
If you want to be featured on Wint Wealth too, fill out this form: forms.gle/iuUgM7fyGTfUUiVE9
Guys, Do not leave your job just because u have enough corpus. Find something which u will do after your Job and then leave it. If you dont work after ur Job, ur fitness, mental health and relationship may get spoil.
Agree with your words 👍🏼
Yes I agree
if we feel we may get better life without job then might quit,but question is that without job our day to day life with discipline somehow it may not be possible
Agree. Can’t keep asking for tea. Wife cribs :) Hungerbox is better :)
@@rohitssharma9552 agree , you must plan something to do after retirement, because khali dimag shitan ka Ghar hota hey
The finest so far. He explained his philosophy without any complications.
Your tree planting venture is superb and so unnecessary ! Very insightful talk on money !
Wint wealth ..please take my requests below;
1. Get a guest who was well off, lost most of it or all of it and bounced back
2. Get a guest who managed much passive income with little money.. not especially corporates but others like teachers, accountants, small farmers etc
3 Get on board a guest who manages multiple small sources of income and managing it efficiently.
I believe I will be that guest after 15 years from now
4. Also best financial or investment decisions done by random people that worked for them due to right time/place/type
small farmers have wealth?
Excellent suggestions 🎉
Excellent suggestions 🎉
Take a common man with normal salary and usual problems. This fellow is super successful and high income category.
Manoj Arora is gem 💎. He is selflessly working on environment protection
A very sweet person. Humble, wise, and very calming personality. A great inspirational for me to look upto. Thanks wint wealth.
Am I the only one who thinks he will be a good tabla player 😊 great episode as always
lol
No disrespect meant but I lol at your comment. 😅
Him after reading this comment: Abey saaley!!
🤣🤣🤣🤣
He is quite a toxic person full of hateful and biased views going by his comments on X ( twitter) and his ‘freedom’ has resulted in posting 50 such comments every day !😅
Jagmag jagmag dia jalao ❤
The most sorted video I have watched on FIRE. So much clarity! I can so relate to his journey, and what he wanted to pursue after being financially free(writing books, amongst others).
Agree!
I have left my job with enough corpus. I am doing gym, painting, swimming, chess, badminton and some cooking. I am the happiest person in this world to be job free! And yes, we don't need a job to engage ourselves mentally or to keep remain sane. Job is NOT AT ALL REQUIRED to live a happy and stress free life, if you ask me. One can even open a small business and stay happy.
What a sorted guy. This is a role model
I am 42 with family of 4 with no liabilities reached 2.5 crores but as he mentioned I will be financially free once I reach 8 crores
I am 38, in US(for almost 15 yrs now) moved right after my B. Tech degree, been investing in US market all these days.. planning to come home after 2 years and become FI by investing in Indian Market, Hoping for the best.
Do not come back. Quality of life is very bad in India and it will get worse.
😆😆😆 do you thinl living life after 40 with money is the dream lol enjoy when you are young money is useless after 40
@@KunalMagar23 that's the reason i want to retire right? because i don't need a corporate job after 40. you did not get the point, i didn't say i did not enjoy in US .. just want to come back home and not work on regular 9-5. i love travelling.. already covered north and south America.
@@ShivamGupta-wf5ni agreed to an extent but life has no meaning if you live in a foreign country after certain point and age. Janma Bhoomi for a reason.
Yes bro come back and contribute to our nation & make it a better place 😊@@harishsd5632
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult.
nice! once you hit a big milestone, the next comes easier. How can I reach him, if you don't mind me asking?
he's mostly on Telegrams, using the user-name
@Jeffclark7
✌💯🇺🇸
Such information we don't get from most
TH-cam channel thank you all for this wonderful info.
If you are not conversant with what you see here you can look upto him on the internet using his full name❤️
Man I am TIRED of Tech guys / US returns telling us how easy it is for everyone.
That's the reality. An unemployed or underemployed can't retire
Why everyone suddenly wants to retire? Retired used to mean old and outdated!
@@a6hiji7That is the perception need to change. Retirement is not from the work but from the job a person is doing unwillingly just for money. Ultimate goal is to quit the rat race, achieve financial freedom and do the work in life which you always wanted.
They worked hard. They are telling you what you can do instead of the rat race.. so if you don’t want to do that you can choose to continue your own rat race.
Keep watching TH-cam and stay tired
He looks like he is at peace with himself which is the most important takeaway.
Really appreciate this man's financial intelligence, need more such people on this channel.
This is best episode. Every one has push factor he explained but no courage to take decision he took. I am in same position. But dont have any passive income. Just assets that yield no monthly income😮.
This guy is ⭐. He didn't say anything new but the message he revised about finance, life, philosophy, ngo, family, retirement in such a calm and clear way just loved listing to it❤
He has both a clear mind and quite a calming voice! Absolutely sorted in life, as he seems to be!
My grandfather has more than 15Cr , but he is still working instead of enjoying, but his happiness in earning money so I don't force him to leave the business.
Isi liye to desh ka yeh haal hain...itna hone ke bawazood paise ka lobh khatam nahi hota....
@oindrilaniogi7568 nhi jb apne us jagah hote h to pta lgta h , unhone jawani se ise apne bche ki tarah pala h to unka man nhi krta ise chhodne ka..
M koshish krta hu unko ghumane lekr jau...
Lekin free baith ke bhi kuch din acha lgta h fir nhi ..
Bussiness is a different thing. u have that feeling of ownership, but in the job, u lack satisfaction that's the difference
@@oindrilaniogi7568 tumhhare hisab se itna hone ke bad kamana band kr dena chahiye taki tum kama pao
for some ppl work is enjoyment.
Did lots of backtesting and found that 20% SCHD/DGRO, 20% VGT/QQQ/SCHG, 20% VOO, and 40% bonds, or 4%+ money market, match the growth of SP500 in up years but reduce the losses in down years by 40-60%. I'm still looking for companies to make additions to my $350K portfolio to boost performance. Here for ideas.
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
Caroline Suzan Olson is the adviser I use, and I'm just putting this out here because you asked. You can just search the name. You'd find necessary details to work with to set up an appointment.
I invest the same way. You are considered an "Income Investor". We make money two ways. Through monthly/quarter dividend payments; instant passive income. Readily available to reinvest and/or personal use. And the profitable sell of most of our DCA securities. Are we on the same page here?
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
At 40, I think about this almost every other day. Unfortunately started investigating journey very late(37), so a long way to go before I get to FI
Even the guest in the video started investing at 37 right. You are on the right path. Starting is more important. Good luck :)
Even I started investing at 38 under the same Guest's guidance. I am progressing very well now!
I also started at 37. Everything happens to us in life when we are ready for it. HIS timing is spotless. Go for it.
@@ManojArora thanks. Yeah the new found discipline towards investments is great and watching the numbers do give a dopamine rush of sorts 😁
Targeting 2028 to achieve FI & RE by 2029/2030 when I turn 45/46
Even i started at the age of 40....now I am 48...have a reasonable corpus. But had i started around 30..... I would have had atleast 3X of my current corpus.
Lesson to all of you please start early. Because corporate life is going to burn you very quickly. So earlier you start...earlier you will achieve freedom
Seedhi baat, no backwas. Thanks for having Manoj on your show. I follow him on X as well.
That comparison of Real Estate vs Debt Fund is the best takeaway of the video according to me. Thanks Wint Wealth team for
Glad it was helpful!
Also how he explained push pull factor
He has found his ikagai. That satisfaction drives him to be a disciplined spender . Great for him.
One of the best interviews in wint wealth series ❤
His clarity of thought is very good. I resonate with almost all of what he said.
If you have to take 1 thing from the video, the guy who probably has 12-15 Cr and financially independent is still wearing few years old 20$ mi band. He doesn’t need fancy apple or google watches to show off. I bet he would still be driving his 10 years old Maruti or Honda
1000th day of wondering why these videos are free!
Well put, straight to the point. So many insights for myself and to share in my network.
Thanks again Wint!
Not everything should be monetized (& great job Wint Wealth for keeping these free). Its videos like these that help and give perspective to common people about FI/RE
They make some money from youtube ads
I have read his book, it was helpful to create my journey as well. thansk for interviewing him today.
For god's sake, start putting time stamps in your videos! Your retention will increase.
I've been following Manoj for a while and totally resonate with his thoughts here.
Excellent life ! Spent time with kids when they were young and now with nature planting trees ..
He was simply the best episode so far .. so crisp clear and enlightening
I am in same place right now at 42 and daily thinking about if I am ready to FI and ok to bye bye my job lot of anxiety in mind
I pray to God to help you to achieve financial freedom
Can you share your portfolio allocation. I'm in 30's looking forward to retire at 40
Go for retirement, don't overthink. Time won't come back.
I am 24 can you share also me
Don't forget to live your life
Clear, Sharp, crisp, calm & simple. Great Interview!
This man was always wealthy, He got a great salary all his life.
Incredible interview! Top Notch Content!
Wholesome financial and life advice
The power of SWP. 9th wonder of the financing world.
Well said
Once ltcg become 30% you're swp will into drain
Very good interview 👏🏽👏🏽 straight to the point & good infographics
Please don't bring anyone who has earned in abroad. It cuts relatibility for most of the viewers
I am 37, and really it's a struggle to spend each day in job 😢.. I want to do things I like more such as spending time with kids, playing cricket, travel more within India and a small business that will just be sufficient and there is no corporate kichkich and pushing around or the daily stress related to it.
I would consider some structured financial products, such as Snowball, which can provide better income opportunities in market fluctuations. Snowball can not only make profits when the market rises, but also bring income through reasonable settings when the market falls, and some products also provide capital protection mechanisms, so that you can control risks while pursuing growth.
Well-balanced approach to FIRE
Dear WintWealth please invite a person who is a normal government employee where salary increment is not similar to corporate and the person accumulated wealth from his/her salary.
Superb!!
I do have two more questions from Manoj. Please respond if possible:
1.How much is he earning from his NGO(not for profit) ?
2. Income from book selling.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Start ... too much delay in taking a decision is going to harm your current decision!! This sums it up so wel..
This channel is so helpful.
I liked his calm ness🎉
Good interview, very relevant one. But if you withdraw 4% from debt investment that yields 8% per year, your corpus is infact going down after considering inflation.
I took vrs 6 yrs bck and it was very tough initial 4 yrs but now am very busy with various routines and running errands that i hardly find time.... I love nature too much and physical fitness and healthy home cooked food 99. 99 % times and drives my family on similar lines.... Now i am settled on the other side very well and would not persue chase any active income rest of my life, not even consultancy.
Very nicely explained..you should write An Indians Journey for freedom similar on lines of The Simple path to wealth creation
Wow it's wonderful explanation
Man, this guy on twitter (x) and guy in the interview is completely different. Hope he continues to advocate investing and asset allocation rather than being political in views on x.
Superb quality discussion. Value in every point
I think financially independent and retirement are two different things.
First to get financially independent you need to have goals and discipline which I don't have. Secondly, we need to have some sort of guidance (if not good with calculations) on fund allocations and how much do we need to invest to get financially independence which again I don't know.
Wish me good luck guys! 😄
Good luck on your FI journey (:
Was there any information on total NW? How much left for kids college etc and if he has his own house fully paid or rent etc?
As of today for a middle class family in tier 1 city, does your 5 cr number include property as well? Or this number is apart from property?
the video editing and motion fx team is doing a phenomenol job in explain the intricate details of the video, just notice how thye have skillfully explained fhe SWPs meaning with icins in backdrop keeping the relevance of the topic structure by structure
, loved the video as always ❤️
2.5 cr today is also good, it all depends on your expenses..
Yet another enriching episode… thanks guys ! 🎉
Just loved it..
Loved it ❤
Wonderful insight into the financial freedom journey which as emphasised is 'so easy' and is solely based on the strong foundation of being DISCIPLINED.
Mr. Manoj has a PURPOSE in life and that fuels the journey of life.
Feeling enlightened after watching this interaction.
Thanks for sharing valuable information..
Have been following Manoj Sir on twitter for a while. Great to see his story ❤️
😇Thank you🙏
One of the best episodes so far 👌
I can't even think of stopping working. I am working since 15 age and still now I am struggling to have decent enough corpus.
Kindly don’t mislead with thumbnails .. 2.5 cr in 2015 which is almost 8+ cr in 2024… good interview , but give a clear thumbnail .. you don’t need to fish people .. we know what to expect from your videos and we r here to see those interviews 😊
Excellent explanation ❤
My father has 3 crore rupees with 2 paid off homes collecting 10k rent per month in a tier-3 city. He is 70 and still working as a self employed person.
I’m in USA making over 7 lakhs per month.
Our family net worth is over 10 crores.
As a household, we save over 3 lakhs per month excluding the returns from our net worth (stocks, bonds, FDs etc)
I am not planning to retire anytime soon.
Guys,
Earn more money and equally save more money.
Money gives you freedom and you can say SHUT THE F**K UP without even thinking about the consequences..
Did anyone ask you about your plans? It's a video about him. Now go jerk off on your savings. What a tool!
All wint wealth have simple theme , 1.Get into gov job early , make a lot of money , retire . Someone thats well educated , well off get into tech early --> make lot of money abroad --> retire . I think people born poor , to uneducated parents , those who did have money or connections to get into good companies and college is not represented.
It's much easier after you return back from the US with dollar money. We would rather be much more interested to know from people who have made their corpus staying and living in India.
PS: I don't mean to undermine his achievements, but retirement corpus created from dollar money is not really the story that would benefit us as viewers.
I donated for Greenpeace & planted saplings on World Environment Day too
Anything that stops ....FALLS ... PLANETS....SOLAR SYSTEM ...UNIVERSE ...KEEP ORBITTING...SO WHEN YOU RETIRE, MAKE SURE THAT YOU HAVE SOMETHING THAT KEEPS YOU MOVING
2.5cr grown to 3.5X in 10years.. unreal growth, what is the CAGR?
at swp of 1.5 L and 18% cagr last 9 Yr 8 5 crs is easy.
Same question.. When I don't get the details in depth, I tend to the conclusion that most of these videos are fake or manipulated
13-14% returns
If you take into account the withdrawals of 3-4%, 16-18% required return which in this long bull run is believable
13.3%
like 20% crazy 🤣
Very nice. Watched it couple of times. So many good tips and suggestions throughout the episode which one may not get it the very first time
I QUIT IT JOB AT AGE OF 38 EARLY RETIREMENT BUT MY PASSION IS STOCK MARKET AND THIS IS FOR LIFETIME...
SO I AM MY OWN BOSS AND NOT DEPENDENT ON JOB AS WELL AS PEACEFUL LIFE AND GO AROUND ENJOY THE GLOBE..
PS : I TREAT STOCK MARKET AS FULL TIME JOB AND ITS MY PASSION.
I FEEL BORE ON WEEKENDS AND HOPE FOR MONDAY WHICH IS QUIET OPPOSITE IN JOBS..
Do u invest in US stocks?
What you doing bruh?F&O?Crypto?FOREX?
Sir can we have some talk please?
He explained so lightly
What watch is he wearing?
brilliant ....many of the points resonated with my thoughts
I've been living on passive income through my turnkey multifamily properties for the longest time now
I request all financial podcasters to do a realistic video on how to achieve financial freedom with salary of 50 to 60 thousand rupees per month because 90% of Indian population which comes around more than 100 crore people earn less than 50k per month.
I haven't seen one video in which a teacher or government employee or plumber or sales boy or even a software engineer with 50k salary is taking about this fancy term "FIRE" i haven't seen even one interviewies saying his monthly income is less than 1lakh 😂
Great interview and motivation for people who are starting and people who are doubting to make that jump! Irrespective of goals one must start to work on their financial independence and reach retire early which only means that working for money is optional so one can work the same job, something else, or nothing at all! You get time!
basically earn more and save and invest more...nothing fancy
But dont quit job, just because you have hit corpus, cultivate a hobby, something which you can do for the empty time which is there when you have left job or else your mental health will get affected which will cause ripple affects in relationships, physical health.
He has written a wonderful book called FOOPs.
What is this madness about retirement. Most people in 30s think that 40 or 50 is a ripe old age , ready to retire. If financial freedom had been the only reason people work for, then the ones like SRK, Dhoni, Messi , Would have long retired. The list goes on of course. So desire to be able to work at 70 or 80. Don’t hope for retirement. Be careful what you wish for. The great Big B is still working. 😮
The persons you gave as examples are those NOT WORKING FOR OTHERS.
There is a difference when you work on others terms and when you work on your own terms.
I shall recommend you the podcasts of Morgan Housel who wrote the book psychology of money to better understand this.
Well Warren Buffet is still working in his 90 s,
He doesn't have a bose to work under ,he is the bose
So is SRK , BigB, Messi
Financial independence gives you that freedom.
Hope you understood
they love what they do.. Most of the people hate working in corporate jobs and only do to porvide for family… people wanna be financially independent to do whatever they like and not essentially retire big difference
Retirement and Achieving Financial Freedom are two different pursuits! Priority should be achieving Financial Freedom which opens up new opportunities.. quit that shit job or leave a toxic workplace or get motivated to work what you’re passionate about.. Stress and all is superficial!
@Change_makers_ oh yes. Financial security should be the motto. If that allows one to be creative and pursue one's passion ,then there is nothing like it. But the word retirement is big misnomer in these situations. Work gives a certain sense of identity, recognition and sense of being. But it may not be possible to switch jobs entirely. In those situations some kind of hybrid arrangements can be done till one gets foothold for a total switch over to a field of passion
The difference is that they work where their passion lies and we work for paycheck only. And so we obviously want to come out of this rat race and have some quality time spending with our dear ones, fulfilling our wish lists in life. And of course we need financial security or freedom.
You should have asked about his experience during 2020 crash how he managed and all..
One thing you forget to ask is what happened to equities in corona? When nifty halved obviously equities also halved so how he managed during those times? Debt I get is okay
Never waste your energy arguing with a real estate investor to start investing in liquid assets.
Great point😂
What if those investor are your parents ? 🤣
First rule of financial freedom according to me no liabilities ..people purchase 2 cr house and then all life long are trapped in corporate slavery + emi
Please introduce him ,name place he live in ,more to learn from him.Awesome person
Excellent interview.What a clarity in thoughts.Very useful.
Glad you liked it!
Lot to learn
damn, great clarity in thoughts and strategy, learnt a lot
We have family networth of 25 cr but I still do a job for 1.3 lakhs per month to keep myself occupied
Where do you work bro
@@shannu1927 Capgemini
Very informative
00:04 Saving 10% can significantly impact your life
02:06 Progression from 20-22k to 2-3 lakhs take-home salary and achieving financial freedom
04:06 Realizing the need for Financial Freedom
06:06 Budgeting for future needs is crucial for financial planning.
08:05 Choosing freedom over a job
10:07 Diversify portfolio with 50% equity and 50% debt instruments
12:14 Diversifying passive income sources is crucial for financial stability
14:01 Starting a NGO and writing books for passive income
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