Such a relief to hear of corpus figures in tens of lakhs rather than crores! I am in mid 50s. Low household income of 5-8 lakhs per annum. No debts. Own house. I am suddenly feeling good about my modest corpus that's very sensibly invested.
Keep looking for inflationary increase in needs section to compare it with inflationary increase in wants section. My first observation is that the needs keep growing at a flat rate and wants growth is a bomb, sudden spike and then a lull. Once you are out of that wants " chakravyuh ", you need your own theory to move ahead .
Excellent advice given - 1- try to have a secondary income generating skill 2- once retired and market crashes use your emergency fund to withdraw money rather than equity corpus. This was wonderful. ❤
It's a brilliant survey, I was a part of the team at NiQ which did this survey. It feels great that I was a part of something that is being spoke about at this show!
Why is the return on PGIM midcap jus under or around 6% last year.. compared to mid index at around 35%.. How could such a world ranked 2 or 3 investing house let it drain.. I did exit the fund and move to index already but curios to know.. Anirudh Naga is being missed
Because you are new in the market. Generally mutual funds works on the ideology of fund houses. Like Axis generally has a growth investing mindset which reflects in their mutual funds that's why they performed best between 2017-2020 and later underperforming. Similarly, HDFC has value mindset that's why they were underperforming for years but from last couple of years their funds have started performing again. Same goes for PGIM. Their performance will come back again. It is completely normal, but moving from fund to fund based on last 2-3 years performance will give you poor returns as you'll be paying exit load as well as short term capital gain tax.
Such a relief to hear of corpus figures in tens of lakhs rather than crores! I am in mid 50s. Low household income of 5-8 lakhs per annum. No debts. Own house. I am suddenly feeling good about my modest corpus that's very sensibly invested.
Same feeling I have. We have very less needs but needs cost can't be controlled .
Keep looking for inflationary increase in needs section to compare it with inflationary increase in wants section.
My first observation is that the needs keep growing at a flat rate and wants growth is a bomb, sudden spike and then a lull. Once you are out of that wants " chakravyuh ", you need your own theory to move ahead .
Excellent advice given -
1- try to have a secondary income generating skill
2- once retired and market crashes use your emergency fund to withdraw money rather than equity corpus.
This was wonderful. ❤
It's a brilliant survey, I was a part of the team at NiQ which did this survey. It feels great that I was a part of something that is being spoke about at this show!
Nice info 👍
Why is the return on PGIM midcap jus under or around 6% last year.. compared to mid index at around 35%.. How could such a world ranked 2 or 3 investing house let it drain..
I did exit the fund and move to index already but curios to know.. Anirudh Naga is being missed
Because you are new in the market. Generally mutual funds works on the ideology of fund houses.
Like Axis generally has a growth investing mindset which reflects in their mutual funds that's why they performed best between 2017-2020 and later underperforming.
Similarly, HDFC has value mindset that's why they were underperforming for years but from last couple of years their funds have started performing again.
Same goes for PGIM. Their performance will come back again. It is completely normal, but moving from fund to fund based on last 2-3 years performance will give you poor returns as you'll be paying exit load as well as short term capital gain tax.
@@WalterWhite-og6wj No thanks.. I will stick to Index
@@PIXEL00000 Good for you 🙂
I didn't get the exact name of that second book on Indian defence history. Please can you recommend it again ?
Red Threat. Maroof Raza