It's possible for a very negotiable number of people, not the majority of people . But the thing is that you need to earn more (we can call it luck or hard work).
But that only contributed to 25% of his net worth. The rest was by earning good money from his business and saving a huge chunk of it and investing it in equities.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@BinuDauti Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ...
It is easy to be a multi-millionaire in USD, no rocket science or don’t have to be from IIT. Step 1: Do undergrad in Computer Science from India. Step 2: Do M.S. in Computer Science from US. Step 3: Get a starter job at $120k and grow in your career. Buy your first home with 5% down and live in it. Rent out spare bedrooms. Step 4: Buy multiple real estates in the US with 20% down and rent it out. Step 5: Wait and manage it for 5-7 years. Step 6: Enjoy your millions.
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
He used to provide the Cat course for only 5k where other institutes provided it for 25-30k. People spend 5k on a Friday night. His revenue was high because he did this on the Internet and no big competitors then and there was a lack of content until 5 years ago. It's being innovative that generated his wealth without charging exorbitant fees. Win-win situation for all parties.
You guys should share money planning from a business person perspective too since there are a lot of start ups and young business ppl in this generation... in business taking out cash for payments every month is difficult so how do people handle investments with better IT planning..
I have said it in previous video of his, I want to meet this man and have a heart to heart talk. Love what he told about Financial Independent Retire Early (FIRE). I am also trying to achieve FI and not focus on RE. I also want to experiment many things in life such as carpentry, barista, building some stuff etc. for my own pleasure. This is something I try to do when I get some time not on regular basis though. Someone once said: "Think about what you are retiring 'to' and not what you are retiring 'from' " Kudos to the team once again. Keep up the good work 👏
The perspective of not thinking about early retirement if you don't hate your job changes everything for me. Most of the finance influencer community is throwing the words like FIRE so casually. And people are getting so much anxious about the early retirement.
Same. This opens a new perspective for me to not chase FIRE, but achieve financial independence and the do job for 6hr/day with peace of mind a d also experiment other things in rest of the time.
#HundakaFunda literally helped me to revise maths concepts and formulas, and helped me crack SSC-CGL way back in 2013. His videos are crisp and awesome. I have his whole videos burned in a dvd and used to play for fun learning during those times. A very good maths teacher. All the best sir
I'm looking at ravi and envying his life. Meanwhile he described his regret and painted the life that I'm living (silicon valley google software engineer, succeeded in conventional career)
I think it didn’t come out well. My main regret is not studying in college and wasting the golden opportunity that I got by studying computer science at a top IIT 20 years ago. Not the money. Not the Silicon Valley. But just what life could have been if I was a good student in college.
@@ravihanda I'm asking because I am not famous enough to just join a podcast with you - but I'm curious. How do you think it would have been different from your current life?
@@ravihanda I hope to see a conversation some day between an iit grad from 2000s vs 2010s vs 2020s, discussing how iits can improve the way they intake, and develop students from all over the country and talk about whether the system has improved at all. I wonder how it used to be in your time, but I think in my generation, I saw a lot of hard working students who didn't like studies that much, getting lot of support from alumnus networks and startup incubators and it was considered a valid path to take during iit tenure. Since you have a podcast, consider doing this topic if possible.
@@pb25193 As far as chatting with me on a podcast or in person is concerned, I am always available as long as you are willing to buy beer while we talk. 😁 I am pretty active on Twitter and we can connect there. As far as the “what could have been” Is concerned - I do not have a good answer to that. I like to believe that I have won two lotteries in life - family (financially secure parents and wife because of which I could afford a good education and start a business), IIT KGP Computer Science. I made good use of one out of the two and wasted the IIT one. If I had studied well, I may have been richer. I might have been poorer as well. But definitely - I would have had a career that I liked, enjoyed, and was proud of. I wouldn’t have needed to retire.
Its a good coverage. Can you cover some one who is not in HNI, average person achieved financial freedom how he planned and executed investements, growth it will be good to learn form him
I have 12 crores in tax free government corporate bonds giving me 7.5% to 8.5% intrest plus another 7 crores in fixed deposits but I still think is this enough
@@TP182 could be but in today's advances in medicine people easily live past 80 and in any case spending just 80,000 pm today would be close to 4 lakhs in another 15 years or so with inflation!
Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are planning on relocating to Thailand. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment;:
Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted us in managing our investments while we focused on my jobs without any concerns.
Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online. She even got featured on CNN recently.
Thank you for talking about your financial consultant. I will definitely look her up and try to get in touch with her. I have realized that relying solely on TH-cam videos and attempting to manage my finances on my own hasn't been very effective.
I loved the fact that although we see both as one most of the time, he broke down FIRE into two parts,"Financial Independence" + "Retire Early" ,and gave equal importance to both
They just want u to understand that u should learn to save money. Isme iit kis bat nh h. If u have quality to save money then u can also be financial independent. Retiring early is not imp which mr handa cleared in his previous interview with wint wealth😊
I used to watch his videos for CAT Preperation and always wondered what happened to his TH-cam channel. Finally found him again but not in the place i expected. I never knew his edtech was acquired.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.
I just looked up Mark Stuart Jordan online and researched her accreditation. He seem very proficient, I wrote him detailing my Fin-market goals and scheduled a call.
Both have abdominal obesity/ visceral fat, there is no point of discussion of early retirement/fire , if you don't stay alive healthy to enjoy what you earn.. Concept of Early retirement is trash .. keep working on ur passion till u die ... If u don't have passion then its better to die .
retirement is only for Tier 1 guys Plans for retirement can be possible for Tier 2 guys Retirement is dream for tier 3 guys Never imagine about retirement for rest of the guys Tier 1 financial well settled already Tier 2 no need to assist family Tier 3 only have commitments Rest all try to survive every day running family where dreams are only dreams there If you agree drop your like
Anshuman, I’m a 22 year old and idk if I should get a term insurance until my 60’s, 70’s or 80’s? Can you help me understand how should I determine which age should I pick and why?
I honestly cannot relate to this way of thinking. I cannot even think about how my life would be if I don't have any work. For me, a job or any sort of financial work, no matter how big or small is essential to my way of life. I don't think I would want to retire even in my 60s, let alone 30s.
That's what he said, only think of retirement if you don't like your work. It make sense, obviously he will be doing something else in coming years. Brain won't let him sit idle 😅
Video is great. However, having invested in Debt instruments, MF, Index funds and MFs...How is guy managing monthly expenses of 2.5-3 Lakhs per month. That is not clear. Appreciate your response. Thanks.
Contrary to many people, for my parents I was always their gullak more than anything else. Not denying the responsibility but the difference is like being seen as a human or meat.
Let me know if u would like to do a video on bad ways of impulse spending. I’m a working professional earning 55K PM and left with 0 by day 1 in month coz all the amount is going out for EMis😂😂😂. I’m serious. Let me know if interested
Shark Tales was started way before any other similar series on other channels. In Ravi's case, I have been in touch for a video since March - twitter.com/Anshuman_306/status/1630827834238455808?s=20
Using a 30x multiple on your current expenditure is not a fully accurate way to determine your FIRE corpus. You also have to adjust the current expenditure with an annual inflation for the next 30-40 years. Even if your money keeps growing during that time, you need a little more security for one-time expenses or emergency. Similar to what Ravi has done.
While I agree a 30X multiplier is not the accurate way to determine FIRE corpus, I don't think it is for the reason you mentioned. Inflation adjustment is included in the 30X multiplier, but the data they use to determine this number is based on US equity and bond markets where the returns have been unusually high and hence might not be applicable to our situations here in India.
![[UNCUT] เก็บ "สจ.โต้ง" เอี่ยวมาเฟีย รู้ตัวคนบงการ ก่อนสั่งลั่นไก I คนดังนั่งเคลียร์ I 13 ธ.ค.67](http://i.ytimg.com/vi/o-J_p62D40w/mqdefault.jpg)
IIT guys retiring early is not big deal for them..show the cases where a common software engineer ..retired early
It's possible for a very negotiable number of people, not the majority of people . But the thing is that you need to earn more (we can call it luck or hard work).
Yeah that’s a good point
Literally this guy's first salary in 2006 was 25K ..
Stop complaining & jealous...🤣
yes show example of common man
He is one of best teacher of unacademy and always to the point
IIT kgp, Computer Science student, not a joke. Very hard to follow his path, believe me.
Agreed.
Bro not btech
Mtech iit kgp
Btech in iit is extremely tough
But mtech in iit is not so tough
@@eodkybb bro btech hi hai iit kgp se handa sir kir all india rank 400 thi JEE 2000 mai
Bottomline is : Have a good idea, make a startup. Exit once valuation is high and retire rich. Kudos to him :)
But that only contributed to 25% of his net worth. The rest was by earning good money from his business and saving a huge chunk of it and investing it in equities.
this guy is very relatable .
only difference is hes been an IIT graduate and we are Tier2 college MBA graduate.
Which MBA college?
@@jfk1558 prestige, indore
@@sohanmishra9155 prestige indore tier 2 hai kya mujhe laga tier 3-4 hoga
@@jfk1558 wahi tier 2/3 ek hi baat hai
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@BinuDauti Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ...
@@YinusaSaheed Oh please I’d love that. Thanks!
*MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
I took his classes 4 years back , he's awesome
Such an honest person. Really loved it
It is easy to be a multi-millionaire in USD, no rocket science or don’t have to be from IIT.
Step 1: Do undergrad in Computer Science from India.
Step 2: Do M.S. in Computer Science from US.
Step 3: Get a starter job at $120k and grow in your career. Buy your first home with 5% down and live in it. Rent out spare bedrooms.
Step 4: Buy multiple real estates in the US with 20% down and rent it out.
Step 5: Wait and manage it for 5-7 years.
Step 6: Enjoy your millions.
So how many millions are you sitting on rn?
@@SD_003 $1M equity in 4 homes. $1M in inherited wealth (3 paid off homes in Mumbai)
@@naynishchaughule8185 when are you being featured in one of the videos with Anshuman? Will root for you 👏🏻
So happy to see Ravi on the series!
Real talk.. The person is not flaunting with past.. He's clear with failures .. Cheers bro..
This guy is so good with his financials that anshuman asked how did u do it😂
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
@RonaldRyan9 That sounds great and what signal do you invest with?
@RonaldRyan9 That's awesome and please how do I connect with this broker lady?
@RonaldRyan9 I'm currently on her webpage now, her reviews are very impressive and I left a message for her. thanks, a lot.
HandaKaFunda se FirePodcast ki journey.
Loved his clarity on early retirement myself never liked that term.
One thing i learnt here "Education was always a business"
Well said
If you provide value than that's not a harm.
He used to provide the Cat course for only 5k where other institutes provided it for 25-30k. People spend 5k on a Friday night. His revenue was high because he did this on the Internet and no big competitors then and there was a lack of content until 5 years ago. It's being innovative that generated his wealth without charging exorbitant fees. Win-win situation for all parties.
He has shared all the details already on the wint wealth video. Was candid and a great good conversation. Stop waiting and watch it there.
But Anshuman is not there no fun at all 😢
Agree it was fun watch when I saw it on wint.
Saw his wint wealth video before this. He is so insightful about finance. Just simple things
Love this guy acknowledging the "luck" in his life
My take away is to go with Financial Independence and do not chase the early retirement, it makes complete sense.
Big fan of Ravi Handa. Pretty helpful person
Ravi Handa is Pure loubh❤. Because of him I cracked all my competitive exams. CLAT and CAT
Loved how we was honest about everything, didn't try to control how people would perceive it
He is an exception. Not the norm. Please set up realistic standards.
The best thing I could understand is to keep experimenting to gain experiences and financial freedom ✨️
You guys should share money planning from a business person perspective too since there are a lot of start ups and young business ppl in this generation... in business taking out cash for payments every month is difficult so how do people handle investments with better IT planning..
I have said it in previous video of his, I want to meet this man and have a heart to heart talk.
Love what he told about Financial Independent Retire Early (FIRE). I am also trying to achieve FI and not focus on RE.
I also want to experiment many things in life such as carpentry, barista, building some stuff etc. for my own pleasure. This is something I try to do when I get some time not on regular basis though.
Someone once said: "Think about what you are retiring 'to' and not what you are retiring 'from' "
Kudos to the team once again. Keep up the good work 👏
Mee to retireing early can join and do world tours
Hats off to the content bro. Love it and recommend as well
The perspective of not thinking about early retirement if you don't hate your job changes everything for me. Most of the finance influencer community is throwing the words like FIRE so casually. And people are getting so much anxious about the early retirement.
Same. This opens a new perspective for me to not chase FIRE, but achieve financial independence and the do job for 6hr/day with peace of mind a d also experiment other things in rest of the time.
WORD. I have been saying this in most of my videos. unnecessary obsession about FIRE on the internet
Such an honest person ❤
#HundakaFunda literally helped me to revise maths concepts and formulas, and helped me crack SSC-CGL way back in 2013. His videos are crisp and awesome. I have his whole videos burned in a dvd and used to play for fun learning during those times. A very good maths teacher. All the best sir
@Anshuman sharma , the same guy gave interview to Wint wealth also, this is happening 2nd time, does these guys charge you for interviews?
I'm looking at ravi and envying his life. Meanwhile he described his regret and painted the life that I'm living (silicon valley google software engineer, succeeded in conventional career)
The grass is always greener on the other side :P
I think it didn’t come out well. My main regret is not studying in college and wasting the golden opportunity that I got by studying computer science at a top IIT 20 years ago. Not the money. Not the Silicon Valley. But just what life could have been if I was a good student in college.
@@ravihanda I'm asking because I am not famous enough to just join a podcast with you - but I'm curious. How do you think it would have been different from your current life?
@@ravihanda I hope to see a conversation some day between an iit grad from 2000s vs 2010s vs 2020s, discussing how iits can improve the way they intake, and develop students from all over the country and talk about whether the system has improved at all. I wonder how it used to be in your time, but I think in my generation, I saw a lot of hard working students who didn't like studies that much, getting lot of support from alumnus networks and startup incubators and it was considered a valid path to take during iit tenure. Since you have a podcast, consider doing this topic if possible.
@@pb25193 As far as chatting with me on a podcast or in person is concerned, I am always available as long as you are willing to buy beer while we talk. 😁 I am pretty active on Twitter and we can connect there. As far as the “what could have been” Is concerned - I do not have a good answer to that. I like to believe that I have won two lotteries in life - family (financially secure parents and wife because of which I could afford a good education and start a business), IIT KGP Computer Science. I made good use of one out of the two and wasted the IIT one. If I had studied well, I may have been richer. I might have been poorer as well. But definitely - I would have had a career that I liked, enjoyed, and was proud of. I wouldn’t have needed to retire.
Excellent teacher....I have gone through his lectures on unacademy.....loved it ❤️💫
Saw him on Wint wealth 🤑 and now here he's great 👍🏼😊
This is very very good Insight...First time i hear something different from Mr. Handa why or why not early retirement. Kudos.
Its a good coverage. Can you cover some one who is not in HNI, average person achieved financial freedom how he planned and executed investements, growth it will be good to learn form him
Excellent episode ! Toooo good ! Keep it up !
I have 12 crores in tax free government corporate bonds giving me 7.5% to 8.5% intrest plus another 7 crores in fixed deposits but I still think is this enough
😢 please share your details
If you are spending more than 4lacs per month now, then this fund won't be sufficient for your future..😊
@@TP182 could be but in today's advances in medicine people easily live past 80 and in any case spending just 80,000 pm today would be close to 4 lakhs in another 15 years or so with inflation!
Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are planning on relocating to Thailand. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment;:
Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted us in managing our investments while we focused on my jobs without any concerns.
Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online. She even got featured on CNN recently.
Thank you for talking about your financial consultant. I will definitely look her up and try to get in touch with her. I have realized that relying solely on TH-cam videos and attempting to manage my finances on my own hasn't been very effective.
12. Crore his own or family?
My family
I loved the fact that although we see both as one most of the time, he broke down FIRE into two parts,"Financial Independence" + "Retire Early" ,and gave equal importance to both
50lakhs gift to kid on 18th birthday hits hard 😊
Thankyou Ravi.. You were candid and honest. 😊
Financial independence is important. Early retirement is NOT!
My God! This line!!!
HandaKaFunda !!! Nostalgic
I love his clarity, and his advice is very good.
Sidhi baat no bakwas !! 💯
Respect my bro❤
Brother also make a podcast on nursing employees ❤
Way better than the Wint Wealth video of Handa ji(the host was very dull in that video, unlike Anshuman)
Bring people who are from middle class , rather than start up. Then this show will be useful.
You can see the knowledge this man has only by his way of talking.
This this first video where there was any suggestion needed to fix finance
They just want u to understand that u should learn to save money. Isme iit kis bat nh h. If u have quality to save money then u can also be financial independent. Retiring early is not imp which mr handa cleared in his previous interview with wint wealth😊
I used to watch his videos for CAT Preperation and always wondered what happened to his TH-cam channel. Finally found him again but not in the place i expected.
I never knew his edtech was acquired.
Thank you for creating This Great video Anshuman, These Videos are our inspiration. God bless You.
Best Videos , Want to see more of these successfull people . ❤❤❤
anshuman was learning this time
Anshuman taking financial notes🤣
Please show the case of gov. Employees they dont have the opportunity of increase there salary
Saw this guy on wint welth as well.worth watching.
@anshuman... Please ... How did he go through lockdown period when most of the investment were down by 50%... What was his thoughts.. action..
I had close to 50% in equity at that point of time. It dropped. I kept buying to maintain that 50%. Worked well.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.
I just looked up Mark Stuart Jordan online and researched her accreditation. He seem very proficient, I wrote him detailing my Fin-market goals and scheduled a call.
first pay was 25k. that is too much given it was 2 decades ago
Was still much lower than my classmates 😢
Firstly thanks to Ravi Handa Sir for the help you have been providing to students. Previous subscriber of Handa ka Funda.
I'll have the same funds at 38 as per my projection. Right now I'm 28 and also IIT Kharagpur alumni
Both have abdominal obesity/ visceral fat, there is no point of discussion of early retirement/fire , if you don't stay alive healthy to enjoy what you earn..
Concept of Early retirement is trash .. keep working on ur passion till u die ... If u don't have passion then its better to die .
Had seen him first on wint wealth video, Almost the same questions asked
Honest man ...
Please make detail video on stock market investment dividend stocks income.
retirement is only for Tier 1 guys
Plans for retirement can be possible for Tier 2 guys
Retirement is dream for tier 3 guys
Never imagine about retirement for rest of the guys
Tier 1 financial well settled already
Tier 2 no need to assist family
Tier 3 only have commitments
Rest all try to survive every day running family where dreams are only dreams there
If you agree drop your like
Wonderful video
Health is the main wealth
I was amongst the first few to consume his content, it helped me crack CAT
What was ur percentile in cat ?
@@aagamshah2005 99.something
@@00mpa1oomp4where did done mba from
@@Someone-ts9rj got in all the old iims except Ahmedabad but I was also looking for Msc in project management from NUS
8 thousand per month logo ke liye bhi video banao. My yearly income is 1 lakh. How can i be rich as person in the video
I like your words.
Anshuman, I’m a 22 year old and idk if I should get a term insurance until my 60’s, 70’s or 80’s? Can you help me understand how should I determine which age should I pick and why?
Ideally, 60. Your long term investments should kick in and take care of your family and you, post 60.
Watch a recent video of labour law advisor on this topic. You will get a clear idea.
Ayo same name
IN 10yrs he will realize all his investment was poor choice. ITs quite evident IIT / or any good college dsnt resonate with " gr8 financial acumen" .
I honestly cannot relate to this way of thinking. I cannot even think about how my life would be if I don't have any work. For me, a job or any sort of financial work, no matter how big or small is essential to my way of life. I don't think I would want to retire even in my 60s, let alone 30s.
That's what he said, only think of retirement if you don't like your work. It make sense, obviously he will be doing something else in coming years. Brain won't let him sit idle 😅
working in IT 15 days leave liya to sab bhoolane lagta hu identity crisis ho jata hai
3:51 yeh monthly ya annually ka baat horaha hain?
Annual
Salary matlab hi saal ki bat hota ha
thanks for sharing personal data
Liked & subscribed ❤❤
He was also on wintwealth
Video is great. However, having invested in Debt instruments, MF, Index funds and MFs...How is guy managing monthly expenses of 2.5-3 Lakhs per month. That is not clear. Appreciate your response. Thanks.
Respect the savings made by this sir but not all are business man na bro do let us know how we can make it through salary income
Make videos of real middle class people. Middle class people do not earn 1cr at their retirement. And they usually do not study iits
DesiHanda op 🚀
Wint wealth already did the same interview 😅
great interview man. I am curious, if his FIRE number was 8.5cr, what do you think it would be for a single person?
Contrary to many people, for my parents I was always their gullak more than anything else. Not denying the responsibility but the difference is like being seen as a human or meat.
Let me know if u would like to do a video on bad ways of impulse spending. I’m a working professional earning 55K PM and left with 0 by day 1 in month coz all the amount is going out for EMis😂😂😂. I’m serious. Let me know if interested
good one
These are the people who post on quora saying is 50 lpa enough for a person to survive in banglore
Why are you interviewing the same people as wint wealth. Even the startup content is similar 😂
Shark Tales was started way before any other similar series on other channels.
In Ravi's case, I have been in touch for a video since March - twitter.com/Anshuman_306/status/1630827834238455808?s=20
The 12 crore networth includes the property he's living?
Yes.
Thanks for sharing. You have achieved a lot. Please take care of your health so you can enjoy your wealth for lifetime!
@@LinkedInJobProvider-yu8iv 100% agreed. Trying to work on losing weight. Lot harder than making money for me. 😂
How does Wint and you have the same people ?
Cause Wint Wealth only copies other people's content 🤣
Came across after wint wealth’s video.. almost same content..
So humble & honest _/\_
Handa ka Funda ♥️♥️♥️♥️
Using a 30x multiple on your current expenditure is not a fully accurate way to determine your FIRE corpus. You also have to adjust the current expenditure with an annual inflation for the next 30-40 years. Even if your money keeps growing during that time, you need a little more security for one-time expenses or emergency. Similar to what Ravi has done.
While I agree a 30X multiplier is not the accurate way to determine FIRE corpus, I don't think it is for the reason you mentioned. Inflation adjustment is included in the 30X multiplier, but the data they use to determine this number is based on US equity and bond markets where the returns have been unusually high and hence might not be applicable to our situations here in India.
@@privacyowl believe the money is not invested in equity once retired and shifted to safer instruments.
At age 38 this man looks like 50+