How to survive in a FAILING ECONOMY? | Akshat Shrivastava
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- เผยแพร่เมื่อ 19 พ.ค. 2024
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Something weird is happening in the world - each country seems to be going downhill.
What is the whole picture?
And how can you and I, as common laymen, deal with this situation?
Watch the video till the end to know:)
PLEASE NOTE: THIS IS NOT AN INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE
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Sir I understand your opinion about our economy and the factors affecting our nation, but I have a doubt we always follow and analyse past records and historical data to analyse current situation but is it necessary that historical data is always correct and always relevant to the current situation , I know that there are many major problems in our policies , and to grow in a consistent manner we all should understand democracy in itself is a flawed concept ant not 100% perfect so we need a little amount of meritocracy and autocracy , I am telling this because INDIA is way more different than other countries and we need a complete different pattern to grow like Israel , Korea and Singapore.
@@sandeepkumardas5729 I believe history has repeated itself several times, and i think democracy is necessary because maybe there is an autocrat but after years people get hungry for more power and then things start failing
We too have as much brain you have.
So We can analyse your AGENDAS.
Don't OVERSMILE to hide your agenda since you know it very well
Hey man, Thanks for sharing this Video.
I have recently moved to Canada and am working as a bookkeeper here, I like all the solutions you have provided in the video, I do have a few questions though, can I email you? Or connect with you via another medium?
I foresee a recession lasting 2-3 years, and if inflation continues to Surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcity of diesel and heating fuel and significant spikes in housing prices leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund which has remained stagnant at around $300k yielding almost no gains for quite some time.
Numerous opportunities exist to achieve substantial profits at present but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA agreement. This Agreement allows investors to participate in sophisticated trades,exclusive to seasoned individuals and unavailable to amateurs. Attempting to be a high stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.
I’m sure the idea of a finance advisor might sound controversial to a few but a new study at motley-fool found out that demand for Financial Advisors skyrocketed by over 42 percent since the pandemic and based on firsthand encounter, I can say for certain their skill sets are top notch.
Inflation is over 10% here in the UK but as we know, it’s definitely more than the Government would like to Admit. My plan is to earn more and ride this out, can your investment-adviser assist?
Certainly, there are a handful of experts in the field I’ve experimented with over the past years, but I’ve stuck with “Eric Paul Elmer” for about three years now, and his performance has been consistently impressive. He is quite known in his field.
I appreciate this. After curiously searching his name online and reviewing his credentials, I’m quite impressed. I’ve contacted him as I could use all the help I can get. A call has been scheduled.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
You are talking about India without taking the name 😮
Yeah 😀
@@unofficiallucky5432 you are wise enough to understand, so take action👍
@@SandyMalaysia you are taking action by counting sand in Malaysia?
Absolutely , he is frightened about his safety I guess . Well at least is provoking us think 💭 and question where the country is heading , but it’s late I guess 5 phases are over remaining 2 phases may not going to make much difference
He should name which country is immune to these 11 points.
All have that in varying degrees
While investors are preparing to celebrate this year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Lauren Marie Ehlers’ is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
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
The fact that Akshat cant speak openly about our own nation tells us the state of our country. But at least someone is speaking up, even if he is being cautious. Thanks Akshat for the bravery. Your son will be proud to have a father like you. Please keep the good work happening.
Actually it is about viewership. If he takes one side then he will lose viewers of other side.
@@namastehindustan9879 As long as he is unbiased and keeping the facts then that's all we can ask of him. It's a very courageous move to even speak and I applaud him for that.
@theshawfam20 how's Dhruv Rathee and Andhbhakt Akash Banerjee videos doing well in India? I think that they are not allowed to speak.
@@AshwaniKMishra don't know as I am not in India myself.
True..But he is atleast genuine and is speaking facts..other youtubers are afraid..
TRUE REALITY OF ECONOMIES❤
Just discovered your channel with this video -- case studies are extremely useful and I'd like to see more in the future! Creating wealth entails establishing routines, such as setting aside funds at regular intervals for sound investments.
It is best you speak with a professional investment advisor before making any investment decisions. My two cents.
@@Angelavaldess You're right, the market can be tough sometimes and requires professionals to navigate it. Sadly, A lot of persons downplay the role of market experts until they're burnt by their emotions.
@@hullbruce Ofc, Investment advisors provide an edge.
@@hullbruce Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@Jaymilnere Sure, Alicia Estela Cabouli is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment..
I accept everything you are saying. But i am afraid the way opposition is targetting the businessmen and highlighting the agenda of wealth distribution and just pondering upon appeasement and everything i dont see them having solutions to our current problems. I fear they will aggrevate the problems and our economy will weaken from within.
dnt belive godi media... bjp is a big time liar...
Defenatly Absolutely correct
True, but the BJP is also doing the same, crying capitalism had increased, the quality of education even in higher education is decreasing and nobody is doing real work to improve all this...
If we are not even allowed to talk about this in fear of politics how would we improve them.
Bro is silent and hidden Dhruv Rathi..
More like learning from him. Gain a million followers by scaring people about Dictatorship
Not everyone have eyes and brain connected.
True
Sab changa sii ... Silent everyone.
@@shubhamsemwal197Y so? You prefer dictatorship?
10 Indicators of an Improving Economy:
1. The country should be at peace, free from major terrorist attacks.
2. Leaders should avoid engaging in corruption and scandals.
3. There should be an absence of large-scale protests and widespread public dissatisfaction.
4. Business growth should be encouraged through continued reforms.
5. Infrastructure development should be prioritized.
6. Despite global conflicts, leadership should manage the country without causing undue hardship to citizens.
7. The government should respect and preserve the nation's history and culture.
8. Government benefits should be distributed fairly, regardless of caste or religion.
9. The central government should not arbitrarily dismiss state governments.
10. Strong border policies should be maintained, and tough decisions should not be avoided.
fully agree with these points. This video chooses not to look at the positive side at all.
Yes. Fully agree. This video is completely lopsided and misleading. Never expected this from Akshath. He is just creating unnecesary fear and trying to get attention... like media...so unfortunate
In this video you looked like if Dhruv Rathee was in finance, just kidding so nice to see that you are not only teaching how to grow money but also teaching how to save your money/yourself, it is more important for me since I am a college student and it helps me in planning my future. ❤
Dhruv rathee😂 he is German shepherd dog don't speak about great about him
Akshat is the Dhruv Rathi of this field
He has changed his style but not the content as June4 approaches
Import Netas from US 😅😅😅
guys dont compare or tag someone, i was a hardcore bjp fan, but look at gdp per capita, we Indian are worst off poor, if we try to step outside our country, we are beggars, WTH is $2 as gdp per capita, thats miserable, unfortunately there are no political parties that care about country, all are busy making money for themselves
@@viki19910 Blind King in a Gloomy Kingdom is dangerous.
its not about Congress or bjp it's about people of India should understand economy of country . thanks to youtubers like Akshat they help people understand, help them when media misguided them for political purposes. if hindi it will reach to more people...
Your point is right. But I could understand the concept because it was in English. There are quite a lot of people watching him as the content is in English. Maybe you can recommend bilingual but not just in Hindi.
Wrong. Government is the biggest factor impacting economy. Remember Demonetisation and MINUS 27% GDP growth rate? People have absolutely no impact on economy. Government guides, people have no option but to follow.
@@babujanardhanan4554 yes you are right. what I mean to say is Hindi belt has large population and traditionally in Hindi belt literacy is low and list of loksabha constituency count is high. if anybody wants changes in country it can't be done without Hindi belt being educated and especially in economic matters.. bilingual will be cool.
Ofcourse its also about the leadership and their vision on economy ..so choose wisely..Go out and vote and VOTE for BJP !! Only party with a vision and solid implementation !!
its all good but akshat is himself biased, he isn't anyway neutral
A lucid explanation on the current issues - people will make political comments however I also felt the pain - last 10 years there has been hardly any tax reforms and this has led the middle class to face the brunt of inflation and trust me I have recently relocated to UAE and 1st hand feeling few differences like the quality of life with respect to the taxes we pay in India, we don't get better roads , pay a huge fees as rent or emi , high school fees and even the flight tics , holidays much expensive in India
Akshat sir you are great mentor for young investors
Thank you 🙏🏼🙏🏼
Kitna profit bna liya iske videos dekh ke ?
Uska profit dekh dekh ke yeh khush ho raha hai.
This is one of the best informative video I have seen in last few months.
From 2004 to 2014 India's GDP was grown by 187% but from 2014 to 2024 GDP have grown by 90% only.
From 2004 to 2014 debt to gdp ratio was decreased by 18% but from 2014 to 2023 debt to gdp ratio have increased by 30%
Power of Modi sha😂andabaktha
Andhbhakts nahi maneigy
@@drrouf-er2ft but tradingview pe ye data available hai
@@sanjureddy3354he is quoting facts and here u r making lame comments
A basic understanding of percentages will tell you that growing from a smaller base will show bigger percentage increase and increase form 1 to 2 is a 100 percent increase, from 100 to 150 is a 50 percent increase.
Mai aap ko dil se Namaste karta hu sr ji....❤❤
Mujhe itna accha se English nhi aata h mgr Mai English class bhi suru kr Diya hu aap ki ek ek word smaghne k liye
I'm your big fan 💗😍😍 sir ji... I always believe in u❤❤
All true clear facts ,, All youth of India should understand
Not really, the countries he is suggesting to invest are also going through bubbles and bad economic states. Their market can also fall like Indias anyway and u can loose all your investment suddenly.
True analysis. The tax system of India is nothing but punishment for middle class. The rich doesn’t pay and poor cant pay. Its the middle class who bears all the burnt.
Brilliant video.. unbiased with full facts. Hope people analyze all these data points without taking any political stand.
Unbiased lol
Silently biased. As per him don't invest in India when the whole world is investing here.
Sir my so after master in IS and working in Toshiba in NC USA came back now. Very bad life in USA,due to gun culture, jobs cuts. Life is very difficult as after day drawn all sits at home. May be bad in India from salary point of view, but lots of comfort, enjoying in india for son and parents also.
Yea that's what. I am also working abroad since 6 years and situation is same like India, markets and housing sector can fall anytime and inflation is increasing. Not sure why he is suggesting for people to invest outside India, it can be a very bad advice.
this guy has been predicting doomsday since eternity but keeps doing live investing 😂
True af 😂
right, his wife higher position in govt. so he can easily take risk (but against the govt. he is), his suggesting stocks go worse.
Agree... He does live investment of lakhs in one video and then cry in another video, thodi toh consistency rakho...
he just creates fear among people so that he can sell his content
He must have diversified his entire wealth across the country -be smart enough bro
Most the points are valid for China. China has done really well in last few decades. This is not a balanced commentary, it’s called cherry picking.
And most of the comments are more valid in India than China…
Most points are also valid for India. It doesn't require extra effort to see that.
China is decades ahead of India already if you have ever seen it
@@blackpanther0990 Only because they adopted Capitalism 15-20 years before India. And in India, our "youth icons" want to go back to Socialism and government jobs 😂
The world might be against you, Akshat. But I am with the world.
Loved this episode !! Hope the blind will slowly open their eyes and leave the Bhakti behind
Who is blind
You want to take us back to Hindu rate of growth ??
He is talking about crony capitalism. Was the party which ruled for 6 decades not do crony capitalism, dictatorship, censorship etc
@@anilhinduja So who were the crony capitalists of 6 decades? Now we can point it out to Adani , Ambani. Its pretty simple. The blind like you will never see. So dont worry. Carry on.
@@andy22222ify Yeah u & your Pappu are the farsighted & visionary leaders India is waiting upon with bated breath.. keep sweets ready for June 4th 🤣🤣
Always afraid, whether the knowledge sources may become boring, empty. But until you live speaking, I am happy that a source is always there to rely on
Salute to our educated section of the society making their best efforts to save country.
Akshat is pretty smart about how to avoid govt demonitising his videos!
Good job. Worth pondering.
Wow Akshat sir it was super amazing content to watch ,i love the way you explain the new concept really appreciate your Hard work 🙂
This video is a testament that a person who fundamentally doesn't understand technology should not talk about it as an engineer i can definately say that india is at the position where america was 150 years ago and anything can happen now!
Great information. I usually criticize your videos however this a very important topic that you explained extremely well. I hope people understand the reality and accept it. India has a long way to go
Long way to go? its going down, not up.
India has a loooong way to go is more correct.
Very informative video, can relate Thanks 👍
The statement that no major innovation has happened in the last 2 years is so extreme. I agree with you a lot of times but this is pure false statement bro.
Last two decades have seen probably way more patents registration than the whole time before that. Smartphones, online banking, and social media are few to name. There are countless advanced discoveries in field of cancer treatment and stem cells that media don't talk about because their audience generally don't hold PhD to understand them.
You could have cited specific innovations from the past two decades to refute his claim that no major innovation has occurred, rather than making broad statements.
@@ImRan_Ma1ik smartphone, AI, battery technology, display technology, AR, VR, computer graphics, chip fabrication, blockchain, social media, I can go on and on. These are just the things you can see, there are so many things done by PhD students in so many niches that we can't even understand them. You are blind to not see innovation around us. If anything more Innovation has happened in the past 20-30 years than 200 years before it and it is just going to accelerate from here.
In our age of seemingly endless new information, it is surprising that the pace of innovation has actually been declining in recent decades. It's important to understand why, to separate hype from reality and to consider the future of human innovation.
The Harvard Business Review suggests that one factor in the innovation slowdown is the separation of research and development (R&D), a trend that started in the 1970’s. Until then major firms like DuPont, AT&T, Bell and IBM housed large R&D divisions that conducted their own research and developed related commercial products.
Today many large corporations have limited in-house R&D, with a significant portion of research being conducted at universities. This separation has led to a 'splintered ecosystem' and a greater disconnect between research and commercialization. While venture capital investments in new research and start- ups has helped, it has been focused largely on life sciences or digital innovation.
A recent review of a study published in Nature also suggests that "the burden of research" is another factor - scientists and researchers across various fields must now master an enormous amount of knowledge leaving 'little time left to push boundaries' and have break-throughs that lead to innovation, not to mention the pressures in academia to publish papers.
Finally, a Nesta report cites that the 'time it takes to make significant new discoveries in science has grown, along with the number of people needed to collaborate on break-through science projects. More than 20 times as many researchers are needed today to generate about the same amount of productivity growth as 80 years ago'.
There are two types of inflation. One is sustaining innovation which is the case in smartphones and electronics. These markets are well defined and customers are well aware of the product needs. Akshat is talking about the second type, which is Disruptive innovation. Such innovation is made in a completely new way which structurally changes the playing field. Please don’t say AI, because that was introduced in the 2000s.
An example of disruptive innovation was invention of the telephone, which changed the world of communication.
Akshat, Following you since a long time, your views about current government and growth of India has changed drastically post influencers awards! You are followed by many people because of honest content, in my opinion person like you shouldn't change because of minute circumstances!
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
How can i reach this adviser?
Amber Dawn Brummit is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Regarding your statement about how people consider their leaders God
Sambit Patra of bjp just said
"Lord Jagannath is a Bhakt of Modi"
That is nothing..
There are temples in Tamilnadu..with MGR as the deity
Same thing happened in 7th century AD somewhere in Arabia
Thanks for making such informative video.❤
Sir what are your sources for studying economy as a whole?
Is there any book, journals or article you can recommend so we can also understand these?
Brilliant points
You say it or not.... You just explained a inevitable big crisis to hit INDIA in this video.
1. Political enmity is bitter & Opposition are in Jain - YES
2. Media is biased - Yes 95% GODI MEDIA
3. Wealthy Start leaving - Yes
4. Death of Education - Yes
5. Data Manipulation - Yes
6. High Trade deficit and growing - Yes
7. Degrowth of Currency - Yes
8. No Criticism - Yes - Even Akshast find a escape to comment on Modi
9. Crony Capitalism - Yes - Adani were #2 in world because of wealth created by Nehru and sold by Modi
10. Over Regulation - Yes
11. Demigods - Yes, we have 25% population turned Andhbhakts on communal hatred.
This video is completely lopsided and misleading. Never expected this from Akshath. He is just creating unnecesary fear and trying to get attention... like media...so unfortunate
Perfect value and deep analytical information
I've been following you for about 2 years and have been a part of your member community for the past 1.5 years now. Watching your videos has completely changed my investing style and I've successfully made 40%+ gains in just the last 1 year.
The best part is that most of my picks weren't your direct recommendations. I applied the strategies you've been teaching to find my own multibaggers.
Thank you for your contributions to the society and keep up the great work!
Would appreciate if you could share the key learnings in brief. Thanks
So when you said that invest in Assets like land. Is gold be equivalent and will it help when the currency is falling
Pls reply @akshath
I believe he meant physical tangible assets hence physical gold is also an alternative
@@utkarsh.r Thank you
Akhat I just came across your video. It is very interesting and informative. I have joined your channel. Thank you for such a educative platform. All the best
You dont need to be continuously defensive. It is clear that you are not bullish on India or at the very least, feel the need to hedge our bets here. But we are all paying members, to hear YOUR TAKE on how to sensibly invest, not to be overwhelmed by our own opinions.
Say what YOU think. Those of us who dont like it can always exit. 1:50
When someone says I don’t care about what people say that means he/she does care 😅
Hi Akshat. What was the course you were mentioning about International real estate? I am very interested.
Thanks for making in Common language than previous videos
Highly appreciated
Hi Akshat, how about Europe? It will be interesting to know the condition of European countries..GDP per capita is better compared to most of the other countries in the world.. are these data also manipulated? Looks like GDP calculation by European countries are trustworthy? 😊Is it a good place to be?
Ek video europe pe bi😅
Travel to Europe once and then you won't need to ask so many questions. All the answers will be in front of your eyes.
I found that many north Indian people watch your video for your English speech. They are already rich and they know all these things. They are not interested in your advice.
I have been watching him for a long time, but I come from the group of people who receive a 5kg ration and are trapped in the vicious cycle of poverty.
One solution is, buy the agriculture land. There is no tax on the earning of agriculture land and you can do organic farming. Another solution is buy gold bees and gold fund, gold bond too. Physical gold too. Whenever crises happens gold value increase.
Very few ppl t share the knowledge about the realistic situation, analyse it and give solutions, you are one of them
Hi Akshay, maybe this is a different topic and maybe not interesting for many.. but just wanted to ask have you changed your camera? The video looks more sharp and overall production seems good. Even the audio sounds great.
He must have imported the camera from the US .. India me kabhi nahi ban sakte hai aise cameras even in the next century.. according to Akshat .. LOL
@@saurabhchopra1311😂
@@saurabhchopra1311 He is AAP supporter
@@IndiaFirst749 usne bola tuje kya?
Your son definitely proud of you.
11:44 67% of our Trade deficit is Energy & 30% high tech semiconductor & materials from east Asian countries.
Damn son, narrative is strong. All voices can’t be stifled ❤
What I understand from this video is "Country jaye bhad main Paisa is everything, for money if you want to leave you country or you want to go against you country please go but , dont leave you money"?
I just want to know, what is wrong in believing that our country is growing ? which based on data is true
Why to invest outside country if you really want worry about something go wrong with your country then best option I see as Investor is buy GOLD , because whatever happen , who ever comes in power , even USA will go bankrupt, GOLD will remain gold :)
Akshat bhai, free advice.
Sell your real estate and anything that you cannot take with you when you decide to leave the country or are forced to leave.
Hats off Akshat! I salute you for showing exact insights of today's India
Thanks
80 crore Indian standing in the Queue for 5 kg rice , According to bhakt we are vishwaguru .
I dont know if you have noticed this, but this election was not fought on "roti-makan-bijli" unlike all the elections before this.
Before the 2014, starvation was a real problem, many houses didnt have electricity, everyone couldnt afford makan.
Now, electricity problem is not so severe, PM awas yojna gave money directly to bank accounts reducing leakage.
Are all things perfect? NO.
But BJP on its worst day is far better than CONgress on its best day, especially when they have INDI Alliance where partner is fighting each other
Bharath is the 5th largest economy.
@@Abhinav87426the entire narrative got changed from poverty, unemployment, starvation or bijli makaan...
This time the narrative in every rally is Pakistan.
Ghar pr paani nahi aaya, toh Pakistan ne kiya, garmi badh gayi Pakistan ne kiya etc etc.
Since BJP was in power for 10 years and if they go with the narrative of bijli paani, there will be lot of questions that will get raised.
Unfortunately the opposition is also fool enough to fall into the trap and also not asking relevant questions around inflation, unemployment, reducing power of ₹, or questions related to general public.
First of all no-one said that we are now vishwaguru. It's just an aspiration of all indian weather that belongs to the middle lower and rich class.
Don't make fun of the people of India if they have no contribution to the nation's build but they want to make golden India second time.
Then Before 2014 we were world leaders according to u
Thank you explaining economical condition of India in simple words 🎉
Very Helpful Vedios
Thank you Sir 😊
Surprisingly all the conditions apply to India. 😭
you stole my words..bang on..while the picture are from the world ..deep inside he is talking about hamara desh
Youth like Dhruv Rathi, akshat Shrivastava are brave enough to take a stand against d current government and started revolution in d country…thank u for ur bravery brother….keep ur head high…massive respect ❤❤
See the comments section.. it’s filled with people giving blind hate as he told the truth these people will never open their eyes
yes.. very few honest folks left.... andh bhakt will always be andh bhakt-- they need to visit a doctor
Highly thought-provoking discussion. Great work, Akshat & Team.
Code accepted Bro. You beat around the bush to make us understand what is happening in inside the bush😂
Can you do a video on advantages and disadvantages of and four Indian staying in the US and Canada and their future in the next 10 years?
if you have good jobs, higher salary with cost of living taken into account, go for it.
Dear Akshat , you seem to suggest India is faiing . So what about your share investment videos ?
Are you disowning them all ?
First…very grateful for making this informative video….exactly not sure how many people will grasp from it because it’s more than a financial video…👍👍
Kudos to you for bringing this angle !! 👍
Good insight. Perfectly applicable to the India’s downtrend since Independence till 1991.. Now the country seems to be on growth track…
Sir, lot of advance points. But my basic question is, what would one do with so much wealth running out of country? What peace will one get with only money, without any meaningful living? We need everything from the motherland until we earn, and then escape 😊?. It's not about politics or any party, but how come one become so much impatient or money minded once he starts earning, though he had tolerated (infact enjoyed his life) atleast for 24 years? 😊
You seem very young and speak with naivity.
Akshat's suggestion of running away from your motherland is so stupid.
Akhsat has suggested it is critical that Indians should look for migrating to a low cost country!!! Is it even practical? Is this coming from Akshat? If it is low cost country how are we going to make a living? How to get resident visa? Every country on this planet has both positives and negatives. India is far better off at this juncture.
I also disagree with your Tax Residency Transfer. Many countries including USA and India have started levying Income Tax on our global income. That is, even for the income outside India and if you are a Indian citizen or resident you have to pay tax in India.
Just for the sake of creating fear please do not suggest such stupid ideas.
Thank you for making this video.
Much needed video. The caution is understandable but the bravery is highly appreciated.
Akhsat has suggested it is critical that Indians should look for migrating to a low cost country!!! Is it even practical? Is this coming from Akshat? If it is low cost country how are we going to make a living? How to get resident visa? Every country on this planet has both positives and negatives. India is far better off at this juncture.
I also disagree with your Tax Residency Transfer. Many countries including USA and India have started levying Income Tax on our global income. That is, even for the income outside India and if you are a Indian citizen or resident you have to pay tax in India.
Just for the sake of creating fear please do not suggest such stupid ideas.
One of the best videos of Akshat! And really glad to see majority of people reacting positively.. more power to you! Thanks for keeping us updated with such complex topics/knowledge in easy and simple way.
He has suggested it is critical that Indians should look for migrating to a low cost country!!! Is it even practical? Is this coming from Akshat? If it is low cost country how are we going to make a living? How to get resident visa? Every country on this planet has both positives and negatives. India is far better off at this juncture.
I also disagree with your Tax Residency Transfer. Many countries including USA and India have started levying Income Tax on our global income. That is, even for the income outside India and if you are a Indian citizen or resident you have to pay tax in India.
Just for the sake of creating fear and seeking attention Akshath has given such stupid ideas. Unfortunate.
Very rational and practical PoV, Akshat. Political biases aside, the day people start tracking & measuring their own income annually, vis-a-vis national GDP (that is fed to them) - is when you know people have become more aware & educated on finance / economics.
The irony of education is; very few people know too much, and many know too little!
Your channel always tries to bridge that knowledge gap among masses, so, thank you!
Really good info, thanks
Taking clue from Rahul speech distribute ur wealth to all the subscribers
When did Rahul Said this?
Tu apne kaam se kaam rakh, usko mat sikha, tu apne 2 rs lekar khush reh
@@good_life8888 Teri q jali tujh se kisne bola bacche or 2 rs kis ko mile dikh rha h
What Rahul...who rahul...??
If you mean rahul.gandhi..if he distributes his wealth stashed in Italy and Mauritius, each person in India may get 1lakh bro😂
Thanks for keeping us updated! I feel sympathy
and empathy for our country. low income people
are suffering to survive, and I appreciate Deborah.
You've helped my family with your advice. imagine
investing $30,000 and receiving $95,460 after 28
days of trading.
I began investing in stocks and Def earlier
this year, and it is the best choice l've ever
made. My portfolio is rounding up to almost
a million, and I have realized that when a
stock makes it to the news. Chances are
you're quite late to the party, the idea is to
get in early on blue chips before it becomes
public. There are lots of life changing
opportunities in the market, and maximize
it.
What opportunities are there in the market,
and how do l profit from it?
You can make a lot of money from the
market regardless of whether it strengthens
or crashes. The key is to be well positioned.
I would really like to know how this actually
works.
All you need is a good capital, and the
service of a professional broker, with those
your investment will most certainly produce
high yields.
Your integrity and honesty shine brightly. Your straightforwardness and sincerity are truly admirable. Keep being genuine-it’s a rare and valuable quality! Loads of love. God bless.
India is probably one of the highest TAXED countries if you consider both direct and indirect taxation, and they come with ZERO benefits, Thanks Akshat for your informative videos as always.
Thank you very much.
Don't you think all the points discussed, we can see around us😅😅
Acha.
Bhakt will be annoyed .
And chamchas will be so so happy 🤧🤡
@@jatinsharma8117 agaya
@@shelby_raj haan 4 Jun ko Tera papa bhi aane wala hai 😂😂😂😂
@@jatinsharma8117 yeah yeah keep liking your own comment , u won now !
Half of them won’t even understand of what Akshat says.
Great content. Always waiting for your video.
Knowledge and clarity of thought are your virtues. i like your videos.
In 2004 petrol was 35₹ when scamgress left in 2014 it was ₹83. Tell this aswell
He won't. It will hurt his propaganda.
That's why these scamsters are not in power since 2014.
Cylinder ka price bhi bata do😂
Unemployment rate bhi Bata do😂
USD to INR currency rate bhi bata do😂
Ďòñt you guys read international data?
I agree...
I bought my mototrbike in 2016. My first petrol purchase was INR 67. By that time congress was gone. So stop talking bullshit. Anyway you just say Jai SriRam and everything will be OK for you.
Big fan of your finance knowledge, but please you can try sometimes to enjoy the goods happening in the country. Don't be a critic always, you can also try praising..!! sometimes
Akhsat has suggested it is critical that Indians should look for migrating to a low cost country!!! Is it even practical? Is this coming from Akshat? If it is low cost country how are we going to make a living? How to get resident visa? Every country on this planet has both positives and negatives. India is far better off at this juncture.
I also disagree with your Tax Residency Transfer. Many countries including USA and India have started levying Income Tax on our global income. That is, even for the income outside India and if you are a Indian citizen or resident you have to pay tax in India.
Just for the sake of creating fear please do not suggest such stupid ideas.
Wow what a great content. Thank you Akshat for this.
@akshat Thank you for sharing this. How can we check YoY growth rate of per capita GDP? What site would you suggest?
Economic Survey of India
I feel you think most of your audience are idiots that they don't get what you are trying to say. It's fine buddy, you can take the name of this nation and leaders and criticize them openly. There are TH-cam influencers doing this day in and day out without any repercussions!
Fully agree. Akhsat has suggested it is critical that Indians should look for migrating to a low cost country!!! Is it even practical? Is this coming from Akshat? If it is low cost country how are we going to make a living? How to get resident visa? Every country on this planet has both positives and negatives. India is far better off at this juncture.
I also disagree with your Tax Residency Transfer. Many countries including USA and India have started levying Income Tax on our global income. That is, even for the income outside India and if you are a Indian citizen or resident you have to pay tax in India.
Just for the sake of creating fear and seeking attention he is giving such stupid ideas. So sad...
this video is an evident proof that people are hesitating while speaking about our own country's economic conditions and prospects. Bhakto ne sab khraab kar diya.
VERY KNOWLEDGEABLE VIDEO. THANKS. PLEASE MAKE A VIDEO ON POSITIVE SIDE OF DEVELOPMENT IN OUR COUNTRY ALSO.
Thanks for being fearless and making such videos.
Dhruv Rathi of Financial world 😆
You are right, education cost has gone up , but it’s because the salaries there have spiralled up (not talking about starting salaries of Infy/TCS, but for experienced people, salarais have moved up from 10 L to 50 L in a matter of 5 years)
only IT sector wat abt the rest of the sectors. 70% of people in india r still working in agriculture sector or related to agriculture somehow.😂😂
Tcs is paying 50 L to all its employees 😮? R U kidding yourself? Average salary at TCS has is 6.47L
@@sahas397 I am not talking about companies like Infy/TCS.
@@mukeshmall2576 Read again, it was about Bangalore and Hyderabad. I am not here to argue, just wanted to share what I have seen. Costs go up with increasing Purchasing Power.
And regarding rural areas- ITC, Marico and HUL are now betting on growth in rural areas, read their con call analysis, they are expecting rural growth in the next 2 quarters, which means increasing purchasing power there too.
And just to add, I do watch Akshat’s videos and appreciate the energy and time he spends in analysing, I am not against him. Just adding what I have seen. To give you an example- in the pharmaceutical where I work, I had a position open in my team in Hyderabad with budget of 40L (5-7 years experience), but there was no one suitable and ready to accept that position for less than 65L, so we moved the position to Spain (onsite at same cost). Salaries have gone up crazily in India, if you are skilled.
10:25 Hope, u know the importance of keeping ₹ low. US FR gave a alligied RBI that they are manipulating ₹ value deliberately. Now, if u are an economist u should know