My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.
Wow! Congrats on that. Is it preferable for me to save money or allocate a significant amount of my salary to stocks in order to accomplish this goal??
Varied sources of income is wise and especially living within your means. My net worth is over $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
This intrigues me. I've looked up financial advisors online, but finding one to connect with is a bit difficult. Do you mind if I ask for your recommendation?
Key takeaway: 20 years of SIP 20k per month Growing at 12% Corpus after 20 years =2 Crores 20 years of SWP 1.5Lakh per month Corpus growing at 12% Corpus after 20 years = 7Crores
@@shubhamdehariya9643 Hypothetically If we consider inflation 7% then it would be around 2 lac 71 thousand so in this case we should increase sip at least by 2 percent each year so we reach our goal and beat inflation bro 👍🙏
@@shubhamdehariya9643there are swp calculator in google.you can fill principal,interest and withdraw al amount ,it will give you details of left over amount.
I had similar experience with real estate investment. I sold it off and feeling so free and relaxed not having to worry about finding tenants, maintaining it, risking damage to property…
@@sushil2kashyap It was an apartment in Pune and there was a capital gain but after indexation calculation it was slighly lower than the government price so I didn't have any capital gain after the indexation calculation. I put entire money in the MF and very happy with the decision. Selling flat was the best decision of my life. The old broaker told me that more you wait for better price more you loose in the gains later. It was a wise advice.
@@Hey-c2b7h Thank you so much for your reply. I appreciate your decision. I also want to sell my 2nd flat but parents are not allowing for emotional reason. Thank you again.
I guess what he meant was that the amount of money someone invests in buying a house can be invested somewhere else where you get better returns. In early age people buy houses on EMIs which drain their money. But if the same amount of money is invested somewhere else, it can give you much better returns.
@@Aayushiigoel I was with him when he mentioned transactions costs, down payment etc. But then he mentioned how long would it take for the rental yield to cover transaction costs. Then he went back to talking about how you cannot move the house with you when you relocate suggesting he was again talking about self consumption. He was basically listing all the downsides of both without sticking to a single train of thought.
I also of the opinion his belief on buying a house is contrary, the peace and ownership of a house is valueless, I hope his philosophy will change with time.💐
@@Aayushiigoel. Buying a house gives you stability and financial discipline in life . In any given point in life you will buy a house 15 or 20 years later. Why not now
where are the logics?... are they on vacation today? He mentioned that If you buy a 1cr house, your rent is 25K per month. and on the other hand he says if bachelor lives with his friend he is paying 25K rent. Is he paying the entire rent? Aren't you aware that in Bangalore you havr to pay painting charges on vacating house?
Sanjay is right one should not invest in real estate at early age. but flip side is that in present world for marriage first questions asked by Girl even high salary -is that whether one is having his own house or rented and accordingly decisions are taken.
Please take interview of middle class or working class who achieved success through mutual funds like you were doing in the past rather than big pay cheque guys...
5:48 by 1, Sales- sell off to IT BT employees by decorative paints. 2.buying land:- buy lands next to big drainage, acquire slum, disputed land, Big storm drainage. 3. Engeering:- using low grade streel, aluminium channel windows, pvc doors, 4" walls, dust board playwood, Hallow bricks, ceramic tiles, false granite, glass plates,. ******* You will get Good remuneration but Building life is just 15-20yeaes maximum...😂😂😂😂
Invest in sip for 15 to 20 years.. You will accumulate 1.5 cr to 2 cr, then start swp.. You can also invest lumpsum 1 cr or 50 lakhs leave it for 5 years then start swp.. Swp shud be not. More than 6 to 7 percent annually
Key takeaway: 20 years of SIP 20k per month Growing at 12% Corpus after 20 years =2 Crores 20 years of SWP 1.5Lakh per month Corpus growing at 12% Corpus after 20 years = 7Crores
May be somewhere around 20k I guess. But that's just one portion of your investment..you can always put in much more sip and also, for 20 years why earn just 12% returns, invest in smallcaps and earn 15-16%.
All early retirement stories of high earning individuals are lies. The more one earn the more he's entangled in the rat race (the opposite is not necessarily true). Have never seen a young retiered person who's spending time only with family and hobby and living on retirement corpus only.
![[ TEASER ] เงาะป่า - วงL.กฮ. | TMG RECORD](http://i.ytimg.com/vi/M4ObdFfcPww/mqdefault.jpg)
If you'd like to share your story with us, please fill out the form: forms.gle/LbCn7WePfpixiKRw9
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.
Wow! Congrats on that. Is it preferable for me to save money or allocate a significant amount of my salary to stocks in order to accomplish this goal??
Varied sources of income is wise and especially living within your means. My net worth is over $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
This intrigues me. I've looked up financial advisors online, but finding one to connect with is a bit difficult. Do you mind if I ask for your recommendation?
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
Sabhi videos pe yehi msg comment karega kya bkl
Key takeaway:
20 years of SIP
20k per month
Growing at 12%
Corpus after 20 years =2 Crores
20 years of SWP
1.5Lakh per month
Corpus growing at 12%
Corpus after 20 years = 7Crores
2 crore 20 years swp kab karna hai 20 years baad
Assume that if for someone who's monthly expense currently is 50k
What will be the expense after 20-25 years
@@shubhamdehariya9643 Hypothetically If we consider inflation 7% then it would be around 2 lac 71 thousand so in this case we should increase sip at least by 2 percent each year so we reach our goal and beat inflation bro 👍🙏
I have calculated it, however the figures seems to be incorrect
@@shubhamdehariya9643there are swp calculator in google.you can fill principal,interest and withdraw al amount ,it will give you details of left over amount.
I had similar experience with real estate investment. I sold it off and feeling so free and relaxed not having to worry about finding tenants, maintaining it, risking damage to property…
That’s really awesome! Hope you made good returns out of it 😃
What about Long term capital gains?? Where did you invest the money after selling your property??
@@sushil2kashyap It was an apartment in Pune and there was a capital gain but after indexation calculation it was slighly lower than the government price so I didn't have any capital gain after the indexation calculation. I put entire money in the MF and very happy with the decision. Selling flat was the best decision of my life. The old broaker told me that more you wait for better price more you loose in the gains later. It was a wise advice.
@@Hey-c2b7h Thank you so much for your reply. I appreciate your decision. I also want to sell my 2nd flat but parents are not allowing for emotional reason. Thank you again.
Sanjay should start TH-cam channel .he is very clear and good at teaching.
Already done
The logic given for buying shares is exactly which can be true for houses as well.
She asked opinion on buying house for self consumption and his response was all about buying house as an investment 🤦♂
I guess what he meant was that the amount of money someone invests in buying a house can be invested somewhere else where you get better returns.
In early age people buy houses on EMIs which drain their money. But if the same amount of money is invested somewhere else, it can give you much better returns.
@@Aayushiigoel I was with him when he mentioned transactions costs, down payment etc. But then he mentioned how long would it take for the rental yield to cover transaction costs. Then he went back to talking about how you cannot move the house with you when you relocate suggesting he was again talking about self consumption. He was basically listing all the downsides of both without sticking to a single train of thought.
I also of the opinion his belief on buying a house is contrary, the peace and ownership of a house is valueless, I hope his philosophy will change with time.💐
@@Aayushiigoel. Buying a house gives you stability and financial discipline in life . In any given point in life you will buy a house 15 or 20 years later. Why not now
where are the logics?... are they on vacation today? He mentioned that If you buy a 1cr house, your rent is 25K per month. and on the other hand he says if bachelor lives with his friend he is paying 25K rent. Is he paying the entire rent? Aren't you aware that in Bangalore you havr to pay painting charges on vacating house?
_Pehla Goal = "Shaadi karna he". Bhai fir aage goals hi nahi he. Pehle hi goal me aap khatam. No returns & total destruction_
Sanjay is right one should not invest in real estate at early age. but flip side is that in present world for marriage first questions asked by Girl even high salary -is that whether one is having his own house or rented and accordingly decisions are taken.
Never marry. Such women will be gold diggers.
😂 vicious circle
Please take interview of middle class or working class who achieved success through mutual funds like you were doing in the past rather than big pay cheque guys...
Powerful podcast👌Please bring more of them!
Thanks a lot, Swapnil 😃
Keep it going with similar quality guests, format, questions.
Thank u mam for making this video ...
Kindly make more videos
God bless u keep growing ...
Thanks, Ganesh. We’re glad you enjoyed it.
This is his main revenue, few moths back he has 5 cr, after 2 months 10cr ….😅
Pl bring in Viplav majumdar CFA on prodcast
"Investing is a good idea, but diversifying investments is wise,"
and this podcast will help you accumulate wealth
Thank you so much for your valuable feedback, Ananth.😃
👀 I took notes ✍🏻
Haha, Glad to hear that😃
Where is inflation, tax, medical and education expense
He forgot to mention inflation and tax while talking about SWP
What about inflation after 20 and 40 years?
What about not investing for 20 and 40 years?😂
Wonderful and motivating
5:48 by
1, Sales- sell off to IT BT employees by decorative paints.
2.buying land:- buy lands next to big drainage, acquire slum, disputed land, Big storm drainage.
3. Engeering:- using low grade streel, aluminium channel windows, pvc doors, 4" walls, dust board playwood, Hallow bricks, ceramic tiles, false granite, glass plates,.
*******
You will get Good remuneration but Building life is just 15-20yeaes maximum...😂😂😂😂
Excellent session very informative
Brilliant knowledge shared.
Didn’t know about SWP ..but getting 12% per annum index or stock etc is the key
wont happen every year, if market is down in some years, you will have to stop the swp. His logic seems flawed to me.
Perfect.. planner..
Mam
Nice inspiring video, please make like this and need more information of about Making 1 st crore experience for u r upcoming video
thank you
You're welcome
Swp me invest kitna karna padega initial me
Insightful
Thank you, Azariah!
Bring middle class seg people who attained financ freedom....most viewers fall such categ madom
Mam swp me initial kitna invest karna padega please reply
Invest in sip for 15 to 20 years.. You will accumulate 1.5 cr to 2 cr, then start swp.. You can also invest lumpsum 1 cr or 50 lakhs leave it for 5 years then start swp.. Swp shud be not. More than 6 to 7 percent annually
Can someone put it here that SWP he mentioned.
Key takeaway:
20 years of SIP
20k per month
Growing at 12%
Corpus after 20 years =2 Crores
20 years of SWP
1.5Lakh per month
Corpus growing at 12%
Corpus after 20 years = 7Crores
Any financial influencer saying not to buy house is utter shit and makes no sense at all
Nice
Hope you enjoyed it
25-year-old with a 1 lakh salary, not even 1% of people would earn that much.
ye video vo 0.5% ke liye hai😂
Yaar mera 1 cr kaab hoga?
💯
the host should listen more and interrupt less.
I think she is polite and smart. She is from IIT-D and IIM-B, quite a talented lady!
After 20 years, the value of 1.5 lakh will be 15k
May be somewhere around 20k I guess. But that's just one portion of your investment..you can always put in much more sip and also, for 20 years why earn just 12% returns, invest in smallcaps and earn 15-16%.
Your wrong it will be as of today's value 75k
🙏🙏🙏🙏
MIcs are really cheap now... probably that's why anyone can put it in front of their faces and barf in it.
All early retirement stories of high earning individuals are lies. The more one earn the more he's entangled in the rat race (the opposite is not necessarily true). Have never seen a young retiered person who's spending time only with family and hobby and living on retirement corpus only.
Making money is very easy 😂😂😂😂😂😂😂😂😂😂😂😂😂
Yes. That's because money makes money and the money that money makes, makes more money.
Making money is easy. Earning money is hard.
Bada business Wtf😂
All you give is bookish gyan 😂😂😂
You are talking dumb like people Jo sapne dikhate hai
Khao piyo aish karo mitron 😂😂😂
Girl is beautiful 😍
Yes, she is cute and so is her talent. She is from IIT-D and IIM-B.
Navdha, are you from IIT and IIM??😮
Great 👍 content