If you would like to connect with us and share your feedback, please drop an email at navdha@powerup.money If you'd like to share your story with us, please fill out the form: forms.gle/LbCn7WePfpixiKRw9
First time seeing someone saying 1L per month is enough for living. All others were simply flaunting about higher expenses per month. If a family cannot survive with 1L per month then no point in living in this country.
@@guruh5433 yes he is here to educate others, take lesson from his investing style ,for example how he is generating cash flow by taking low risks yet making good returns. But if someone tells that it's khichdi then I feel they don't understand finance. 😂
Insightful episode! Hats off to Kiran for his perseverance and despite all odds, he has come a long way & managed to achieve the 1Cr mark. Based on his early experiences, he realised the importance of emergency funds, investments & doing business. Abhinandan Kiran bhava 🎉
Finally, someone with a realistic approach, aiming for peace of mind with a ₹1 crore corpus-not an NRI returnee or someone already earning a high salary.
7:20 Imagine you have ₹30L invested in a single mutual fund, and you're withdrawing ₹30k per month from it. Do you really think this amount would strain the AMC, considering they manage thousands of crores with regular SIP inflows every month? Also, how long do you think this corpus will sustain with such a SWP?
@undefin-ed Started with 10k/mo SIP in the year 2010. Got an opportunity to work abroad in the year 2016, and from there I invested about 50% of my salary every month, that's how I reached my first crore.
This is the kind of financial journey that middle-class people could refer to or relate to. Well done, team. He literally built the financial model that is logical and, importantly, the model that works for him. Kudos to him.
Great job by power up team. We need common man like him to speak up their truth experience and journey. There are definite take away from his experience.
past 14 years i am investing in vpf from 2011 to 2020. i contibuted full basic salary into vpf. after goverment introduced taxation i have reduce 20% +12%.. please tell me how the debt mf works with taxation
Very nice video from Mumbaikar. One suggestion to Mr. Chavan is as you are Nature lovers and want to buy property surroundings nature, you can think of Pen, Raigad. It has good connectivity with Mumbai & Panvel.
Whatever interest he is getting from bonds are taxable right? So if he is getting 50k/month, he is only getting 35k. That's only 6.26%. Maybe my understanding is wrong!
Hi mam, please suggest what would be the best option for me. My monthly salary is ₹1 lakh, my personal loan EMI is ₹26,000, and my total monthly expenses are ₹12,000. After these deductions, I have around ₹55,000 left every month. I took a personal loan of ₹12 lakh, and it has been 5 months since then. Should I focus on repaying the loan early or invest the ₹55,000 entirely in a SIP? Please guide me.
1 lack MF, and plans to to do SWP of 12k yearly (12%). Withdrawing 12% per annum will wipe out MF in few years. If you want to let your portfolio grow while doing SWP, withdrawal rate should be less than 4%
Two points in fact risks in MF that we need to keep in mind that wreak havoc. PPFA issue where the money got returned piece-meal. Imagine your goal is near or next 3 year and it gets stuck up. Second during covid out of the blue 10Lakh withdrawal (not sure if this was per day) limit was also put by many MF. It is also not fraught with risks. So diversification across AMCs is also a must when corpus grows by putting a ceiling per AMC
Buddy, he didn't mean to refer to 'entire fund house', he was talking just about his investment in a particular fund. So if he has 1cr each in 3 diff MFs 18:20 and want 30k/month swp, instead of pulling all 30k from a single MF, he wants to withdraw 10k from each one of the 3 MFs
@@KiranChavanLMM sir you need to focus on withdrawal rate. Amount and number of mutual fund scheme doesn't matter. Withdrawal rate should be less than 6%. 100 mutual fund of 1 lakh can give 6 L per annum, so can a single 1 CR mutual fund
Dude, pls calculate the math first while doing the SWP. You told that you would invest 1L each in 30 mutual funds and do the SWP Rs. 1000 in each fund. After 5 - 6 yrs you do not have money to SWP.
Mutual fund corpus will not increase according to market ? Secondly now if i see the portfolio currently whichever mutual fund i have invested there is a movement of 2000-3000 rs in a month
@@KiranChavanLMM It definitely increase but you are forgetting the silent killer inflation. If you invest 1L in each fund after 5 yrs 12% ROI it would be 1.76L. You can withdraw maximum 1000 Rs not more than this. NB: consider the tenure 30 yrs because you will be 42 yrs ( now 37 yrs, after 5 yrs starting the SWP ). One more thing you can not do the SWP from any funds ( e.g., thematic funds ). So think twice before doing all these. any ways, Happy Investing 🙂
If you would like to connect with us and share your feedback, please drop an email at navdha@powerup.money
If you'd like to share your story with us, please fill out the form:
forms.gle/LbCn7WePfpixiKRw9
Appreciate to cover a common man's journey which is relevant to maybe 95% of the viewers. Thanks Navdha
All the best Kiran !
Thanks a ton
This is called "Common Man's Financial Journey". (Finally, a journey without a US return twist). Keep it up PowerUp Money Team!
Thank you!
I really like this video. No nonsense at all. Very simple and journey of a common man. Only thing i dont like 30 mutual fund idea.
Nice! Please bring more n more of such common people to show to share their financial journey. This really helps to get the message deeper
Sure. Will do so.
First time seeing someone saying 1L per month is enough for living. All others were simply flaunting about higher expenses per month. If a family cannot survive with 1L per month then no point in living in this country.
Who you are prime minister ?
The way he made a khichidi of his portfolio he can be a chef 😅
That's how he has planned for himself. You prepare your own khichdi, he is not telling to copy him. Have some respect, he is doing good in life.✌️
True bro this is next level diversification 😂😂
@@YougotFire If he is not telling to copy him than he should not be in this podcast , podcast are to educate others
67 lakhs in Bonds is Kitchidi?? This guy has planned it so well.. He can keep investing without losing any capital for life long
@@guruh5433 yes he is here to educate others, take lesson from his investing style ,for example how he is generating cash flow by taking low risks yet making good returns. But if someone tells that it's khichdi then I feel they don't understand finance. 😂
Insightful episode! Hats off to Kiran for his perseverance and despite all odds, he has come a long way & managed to achieve the 1Cr mark. Based on his early experiences, he realised the importance of emergency funds, investments & doing business.
Abhinandan Kiran bhava 🎉
Finally, someone with a realistic approach, aiming for peace of mind with a ₹1 crore corpus-not an NRI returnee or someone already earning a high salary.
7:20 Imagine you have ₹30L invested in a single mutual fund, and you're withdrawing ₹30k per month from it. Do you really think this amount would strain the AMC, considering they manage thousands of crores with regular SIP inflows every month? Also, how long do you think this corpus will sustain with such a SWP?
Exactly, he is overthinking
True
That is his thought process. Your's is different. Can you tell me how you made your 1 crore. Maybe people can learn from you.
@undefin-ed Started with 10k/mo SIP in the year 2010. Got an opportunity to work abroad in the year 2016, and from there I invested about 50% of my salary every month, that's how I reached my first crore.
These are the videos which gives you inspiration, growth of a common man with a reasonable salary and a sensible journey towards building wealth.
Glad you liked it!
Nice one. He has a long way to learn, but at least he started the journey.
This story and the person represent real common man. Hopefully he will achieve happiness in his life. Thanks for sharing
this is the best one till date
We're glad you found it helpful!
This is the kind of financial journey that middle-class people could refer to or relate to. Well done, team. He literally built the financial model that is logical and, importantly, the model that works for him. Kudos to him.
Thank you so much.
Which platform kiran is using to invest in Bonds?
Wint wealth and Golden pie
@@KiranChavanLMM what about the taxation for bonds???
@@KiranChavanLMM does we can do through grow apps
Same as income tax slab @@Shivam32111
Great job by power up team. We need common man like him to speak up their truth experience and journey. There are definite take away from his experience.
This person is very practical...
Really inspiring common man story 💐
Glad you liked it!
please suggest which one is best debt vs vpf.? Vpf we are getting EEE.
Vpf is shit, do it in nifty 50 index fund
How to invest in bonds? What are the platforms?
Wint wealth and golden pie
past 14 years i am investing in vpf from 2011 to 2020. i contibuted full basic salary into vpf. after goverment introduced taxation i have reduce 20% +12%.. please tell me how the debt mf works with taxation
Great video! How passive income from bonds be made inflation adjusted in the long run?
Yess please tell Kiran
Thanks .. very good planning
Thank you so much!
Very nice video from Mumbaikar. One suggestion to Mr. Chavan is as you are Nature lovers and want to buy property surroundings nature, you can think of Pen, Raigad. It has good connectivity with Mumbai & Panvel.
Nice learning video. Thanks 18:20
Welcome.
Nice video 👍
Glad you liked it!
After long time new year wishes madam,
Good content 👌
Thank you for the feedback and happy new year.
Whatever interest he is getting from bonds are taxable right? So if he is getting 50k/month, he is only getting 35k. That's only 6.26%. Maybe my understanding is wrong!
Right
Thats after tax amount
@@KiranChavanLMMhow much taxes????
Hi...
Happy new year 2025
A good conversation regarding financial planning 😊
Thank you and happy new year!
Honest Man
Why Indian government making insurance is costly… so no one can offer it
Very nice video 🎉 Good content
Thank you!
Honestly Nothing motivational about him. But good to see that he will be happy with 1 lakh income per month.
Very inspiring journey! Please let us know the platform you use for screening and purchasing bonds.
Wint wealth and Golden pie
@KiranChavanLMM Thank you!
@@KiranChavanLMM Thank you, is it GoldenPi?
90 l portfoliio in which
25 l equity
32 l fysical gold
33 l fd
Monthly expense 35k
Mahadev will keep your mother safe 🙏
Hi mam, please suggest what would be the best option for me. My monthly salary is ₹1 lakh, my personal loan EMI is ₹26,000, and my total monthly expenses are ₹12,000. After these deductions, I have around ₹55,000 left every month.
I took a personal loan of ₹12 lakh, and it has been 5 months since then. Should I focus on repaying the loan early or invest the ₹55,000 entirely in a SIP? Please guide me.
1 lack MF, and plans to to do SWP of 12k yearly (12%). Withdrawing 12% per annum will wipe out MF in few years.
If you want to let your portfolio grow while doing SWP, withdrawal rate should be less than 4%
Two points in fact risks in MF that we need to keep in mind that wreak havoc. PPFA issue where the money got returned piece-meal. Imagine your goal is near or next 3 year and it gets stuck up. Second during covid out of the blue 10Lakh withdrawal (not sure if this was per day) limit was also put by many MF. It is also not fraught with risks. So diversification across AMCs is also a must when corpus grows by putting a ceiling per AMC
Thanks for excluding a us/ foreign job guy
Very pragmatic, 1 lakh per month.
4:49 bro is very certain that he will get the illness before turning 45😮. So he is ready to face the illness with his SWPs
This guy is a dream for amc owners 😂😂😂. He thinks 10000 withdrawal will impact mutual fund House 😂😂😂😂, what a innocent guy
1 cr done bro? give me some tips
@undefin-edIf you have done 1 cr without tips, you better don't take tips from anyone...you will do better without tips😂
@undefin-ed Done 1 cr long back bro
Buddy, he didn't mean to refer to 'entire fund house', he was talking just about his investment in a particular fund. So if he has 1cr each in 3 diff MFs 18:20 and want 30k/month swp, instead of pulling all 30k from a single MF, he wants to withdraw 10k from each one of the 3 MFs
This tells how now to invest , investing in 30 mutual funds for the reason 10k swp will be burden to fund 😂
its 30k SWP 1k per fund
@KiranChavanLMM Even than it doesn't make sense
@@KiranChavanLMM sir you need to focus on withdrawal rate. Amount and number of mutual fund scheme doesn't matter. Withdrawal rate should be less than 6%. 100 mutual fund of 1 lakh can give 6 L per annum, so can a single 1 CR mutual fund
@@guruh5433 true but there's no harm in what he is doing. He has networth of more than 2 CR , that makes sense.
Dude, pls calculate the math first while doing the SWP. You told that you would invest 1L each in 30 mutual funds and do the SWP Rs. 1000 in each fund. After 5 - 6 yrs you do not have money to SWP.
Mutual fund corpus will not increase according to market ?
Secondly now if i see the portfolio currently whichever mutual fund i have invested there is a movement of 2000-3000 rs in a month
@@KiranChavanLMM It definitely increase but you are forgetting the silent killer inflation.
If you invest 1L in each fund after 5 yrs 12% ROI it would be 1.76L. You can withdraw maximum 1000 Rs not more than this.
NB: consider the tenure 30 yrs because you will be 42 yrs ( now 37 yrs, after 5 yrs starting the SWP ). One more thing you can not do the SWP from any funds ( e.g., thematic funds ). So think twice before doing all these. any ways, Happy Investing 🙂
@@diboracle123 Even if the 1000 is withdrawn it won’t affect the corpus inflation already adjusted in the calculation
He required Good Financials advisor.
you be the advisor? how much portfolio you have?
Another SWP hunky dory story!
One of the worst portfolios for sure. KIRANE ki dukaan hai ye to sorry to say.