Summary: Increase your income. No other way. As harsh as it may sound. People want huge wealth with little to no effort. Thats not how life works. Success is the byproduct of commitment, hardwork, patience and sacrifices. I can the garantee that life on other side is the best. In my opinion, having control of your own time is the best thing one can achieve. Good Luck 🍀
You are right sir. With the ongoing trend, no one can minimise or reduce their expenses. The only way is to increase your income to adjust with the expenses and investments
As a 42 year old Manish, with a 37 year old wife Neha, let us assure you sir that there couldn't be a more personalized video than this for us. Ofcourse, the financial situation is different =)
Wonderful video. Im 36 with 10cr goal by 49. Already having first cr invested . The video gives me clear idea of whats doable and how and what are the ways . Excellent sir 🔥
Some investment advisors focus on low risk, low return strategies, while others take a more aggressive approach with higher risk and potential for higher returns. You offer a balanced, evidence-based approach that's both promising and uplifting. Your videos appeal and cater to people of all ages. Thank you, Anna, for sharing your wisdom 🙏
You may have not realized, but from ET money time to today, you have really improved savings behaviour of many people: happy deepavali and great video, best wishes for your new endeavours
Thank you very much. Yes, I'm myself on this path since I moved into self-employment in late-2022. a) the active income part comes with no limits (so lots of upside) and b) the investing part is anyways on-going
Thank you. My advise to all is -- pls connect more with people who you aren't or aspire to be. If someone wants to build a 100 crore networth, one should seek such individuals. I learnt it a bit late in life
I don’t even need to watch the whole video to give it a thumbs up! I truly wish TH-cam offered a way to show even more appreciation, because a single thumbs up feels far too little for the effort you’ve put into creating this content.
Thank you! TH-cam offers a Super Thanks option wherein you can pay creators (as low as 40 rupees) and show your appreciation for the content. Don't pay me pls, kindly do this for younger creators -- that'll encourage them to do more
Key takeaways 1) True your insights are far deeper than most feel good videos from finfluencers 2) Skill reassessment and finance assessment both are needed in their own paradigm 3) Freelance hustle or out of job work, will increase income more than linear fashion we see in job market. 4) Regarding factor based investing i think it will be future and seeing your videos since last 4-5 mnths, i am pretty sure it would yeild better results if not same and is future of investing . Amazing video and details around it.
With the current job market condition, there's absly no guarantee.. it's best that one leans on his own skills to generate a second income on the side.. everyone is doing it now.. atleast trying
Wishing you the very best! Yes, I'm myself on this path since I moved into self-employment in late-2022. a) the active income part comes with no limits (so lots of upside) and b) the investing part is anyways on-going
Almost (80%)all your videos resonate (except the numbers) with my requirement/ learnings on building my financial situation. But i do the backend calculation as per my numbers. 😊 This one give an seroius thought on looking for second income (irrespective of the amount) which may be the need of hour in today's world..... Thanks again ❤
Thank you! It's my belief that one should try self-employment once some skills have been built. Jobs can come & go but it's our skills that'll ensure our progress. This wasn't my outlook until 2022 as I had seen only salary based employment until then. If one thinks strategically, a second income can be started with almost zero capital. In other words, money is not the capital .. it's your skills, network, time and willpower
Absolutely fabulous video! I am 48 now, well on my way to achieve the target in the next 5 years! Keep up the good work, Mr. Shankar. May God bless you 🙏
Bless you Shankar ji. I just was working on this problem and have a similar outlook and approach. You inspire to go beyond my regular job though. Need to just strike while the iron is hot. Subscribing to newsletter too..
If you don't plan to stay at 7,000 for many more years then 10 crores is quite possible. A question -- do you have friends/connections who are making upwards of 10 lakhs/month and are self-employed? If yes, hang out with them more. You'll notice a difference in what they say & talk. For instance -- when I meet my salaried friends (don't have many now) but for them it's all about job losses, tough job market, cost cutting etc. They rarely talk about growth because they know their efforts are capped at 8-15% per annum in pay hike. But when I talk to my fellow self-employed people, the discussion tends to be on growth strategies, opening a new office, a new product line, collaboration etc. From 8-15%, the focus changes to 100-200% growth
Your videos jave content which one shouldnt ignore, always gives me a new point to learn on personal finance. This video helped me what i am missing to reach my fire number. Thank you
Most of the finfluencers gives tips about stocks, you are the only person shows how to make money to buy those stocks.. Excellent content and very useful.. I always think I know what are the quality stocks and MF available there to buy but lags ideas get the capital to buy those.. now you shown some ideas, I will start myself dirt on to that and see.. thanks for your efforts always..🙏🙏
I just wanted to tell you Sir that- You hit the bull eye- you nailed it. But you should’ve made this video earlier. This video is short, crisp, and very informative…! Thanks a lot…! Happy Deepawali and wishing you all the very best in all future endeavors…!
Thank you for your appreciation. My apologies for not making it earlier, I myself learnt this recently so I couldn't have done it earlier. Wishing you & your family a memorable Diwali
I have two home loans. Payable in respect of first home loan. 44,11,162. Years to pay 20. EMI is 41131. Interest rate 8.75%. 12,00,000 for a second home loan. 6 years to pay the interest rate of 9.15%. EMI is 22,000. I now have Rs 5 lakhs. Which of these should be paid first? can I get advice?
If I were you, I would pay the smaller loan amount of rs.12 lakhs...the interest will go down by almost 45 percent....the amount of emi saved, roughly rs.10000 per month can be used to repay the same loan in addition to the regular emi which will help. Clear the smaller loan quickly...the happiness this gives a dopamine boost to us to proceed clearing loans faster....this is my personal view out of experience....not a financial advisor though
Arrrreee wah, Nicely explained better way to become millionaire while logically apply your brain stock market review and also various products related to mutual fund and gold. Thank you so much, Shankar.
Glad you found it useful. I'm on this path myself and believe me when I say this -- I see people who've made 10 crores in a mere 5 years taking the self employment route. Your investments can run parallely .. it's not a this or that thing here
Dear Sir, Please post a video for senior citizens. We have a retirement corpus, out of which we with draw about 2.5 lakhs per year. Rest we want to invest in safe, High growth opportunities. Please consider.
Shankar bhai aap young lagte ho, mera age 39 hai, mujhe lagta tha aap mere age ke aas paas hoge. Leking aap mere bade bhai ki age ke nikle. Cheers to that! I have been watching your videos for quite sometime, your content is PRISTINE, i respect it. Keep up the good work aur gyaan baatte raho. Would like to meet you in person some day!
Thank you Ayush ji .. glad you liked my work. Camera ne 5 saal ki jawani add kar di thi :) Karunga sir, kuch meetups ka planning chal raha hai. Once in quarter kuch shehron me to kar hi saktein hain. Aap kahan se hain?
Thanks for stressing on second income, which i need to work on but dont know what i am really good at for second income. As usual great insights into the topic.
Most welcome! Since no one is born second-income ready (or primary income for that matter), the will, urgency and realization all needs to come together. It will at some point of time - the sooner, the better. What will really tip the scales in your favour, if you reduce talking to your salaried friends and discuss more with your self-employed contacts. You'll see the difference in discussion. The salaried person will rarely talk about growth because he/she knows they are stuck with a 10% pay hike. The self employed person will only talk about growth saying "main ek naya office khol raha hoon" or "I am starting this new product line" etc
great video as always sir. i have rented out a part of my hometown's home and using that rental income as another SIP ..i hope this small amount will make a big difference in the long run
What a great insight! @shankarnath Please make a similar rolling return rate comparison for major index/etf types issued in US like VOO, QQQ, etc. Not sure why this kind of comparison is not so common in US but what you presented makes sense.
My emergency fund is built on the recent market situation where people aren't getting job even after 9-10 months. It's 50k for 12 months + 55k for another 12 months. Too much? Absolutely. But this is what I am planning given the incoming AI. All in FD stable money.
Excellent! The point on "job market situation" dwarfs emergency fund. Another reason to seriously consider second income - it can help negate the job market part
@@shankarnath It was initially 6 months plan. But since last year, I ramped it up. Have reached 6 lakhs today and planning to make it upto 9 lakhs by March. Not to mention, leave rent and go live with parents if any job loss happens which will bring down the cost to 30k per month at max. And for second income, I am finally planning to grow this channel. It's just the scarcity mindset doesn't let me focus here till 9 lakhs is achieved in emergency fund.
Hello Srikanth ji - I don't offer 1:1 paid consultations due to paucity of time on my part. I'm currently focus on 1-to-many formats like YT & my newsletter. Very sorry about this!
Sir I recently watched your video wherein you talked about only having only 2 mutual funds in your portfolio & that were Nifty 200 Momentum 30 Index and Nifty 500 Value 50 index I was genuinely intrigued by the THE MOMENTUM BASED SWITCH method I wanted to back test same with other momentum based indices. The main problem that I encountered was to get historical data of other momentum indices which are launched in recent years only, so my question to you was that how were you able to get monthly closing values of nifty 200 momentum 30 way back from jan 2007 even though index was launched in 2021 I would really appreciate you sharing the source of data And yes lastly wish you and your family Happy Diwali 🪔
Wishing you a happy Diwali too. I use niftyindices.com to pull out the data. Pls follow these steps after you access niftyindices.com : 1. On the top navbar, you'll see REPORTS 2. Within that sub-menu, click on HISTORICAL DATA. A new page will be rendered 3. In the top drop-down (orange color text), select "Total Returns Index Value" 4. Select Equity from next drop-down 5. Then the index you want data on 6. Then the dates 7. Click Submit
Two questions: Does this 10cr include a 2 cr house? Are 10cr enough? At one point I use to feel 6cr is enough but now although I have a very frugal lifestyle I feel 10cr would be a little less to live off in Delhi. Do you agree?
1. Yes, you can apportion the 10 crores any way you like 2. See that's the point. The smart approach is where you can stop working but the money doesn't stop. E.g. in a previous video, I showed how I made 70,000 rupees in a month from my TH-cam income (videos I had made many months back) even though I didn't post a single video in that month as I was not well. This ofcourse, doesn't work on a salary-only scenario & hence my suggestion to myself would be to setup a business which over time doesn't need you to run. This will continue to pay-off and you can eventually sell the business for a few crores. Not everyone can or will take this approach but if you try it, you'll be surprised at the potential upside this has
@shankarnath Thank you for that prospective. At 33, my net worth is 9cr of what I earned from my investments in real estate plus a 2cr of my mother's house. I would start getting a rent of 1.5 lac per month from mid of 2025 from less than half of assets being monetized as others are plots for capital appreciation. I have seen 450% returns in a property in 5 years helping me achieve this. I want to switch to being a full time dad and content creation. Do you think it is the right time to leave my job?
Sir, I like your content, it gives great deal of practical understanding. What would you advise me if I have a 1 crore corpus now and can be invested for 10 to 15 year's without touching it.. how can I reach to 15 crore target? Thanks
Thank you! I'll suggest you work with a financial advisor to examine the possibilities of reaching 15 crores of target in 10 years. Since the target you have quoted is ambitious, my own approach would be exactly what I said in the video -- I'll take the self-employment route and aim to earn 20 lakhs/month in profits & ofcourse, invest that money in equity instruments like mutual funds/stocks etc. The bonus here is that if the business I've built becomes big (say, 5 crores of profit every year), then I can sell it at a multiple of atleast 5 -- so that's an additional 25 crores I can make of it
Hello Shankar! Truly amazing video! Your knowledge of financial planning is awesome. Kindly make a video on this topic 'Which is a better investment instrument- 1. Active Mutual funds- 2. Passive mutual funds (Index funds) or 3. ETF's' for those who cannot handle volatility of the stocks or stock market and are interested in long term investing.
Hi Shankar- sorry to post this here-couldnt find a link anywhere else. I remember it was possible to book an appointment/chat with you-do you still do that and if yes how should i proceed. Thanks
Hello -- sorry, I'm not doing in paid 1:1 consultations currently. I'm focussing entirely on 1-to -many formats like my TH-cam channel, newsletter and a few more products that I plan to introduce in the coming months
Thank you for your video could you kindly direct towards the calculator which shows how rs 350000 sip pcm in 4 years at 12 percent return makes Rs9cr .
Most welcome. I didn't use a single calculator for this. I had to add the primary income and secondary income in an excel. You can try it out. I used edufund.in while doing the calculations but they have changed their UI just last week, some work needs to be done by them.
Shankar, how can I check these returns online ? E.g. Smallcap250 quality 50 is something I don't find it anywhere and we have only one MF that is also not 1 year yet, so how do we get 15 year returns ?
Pls use niftyindices.com I use TRI (total return index which includes dividends). Here are the steps after you access niftyindices.com : 1. On the top navbar, you'll see REPORTS 2. Within that sub-menu, click on HISTORICAL DATA. A new page will be rendered 3. In the top drop-down (orange color text), select "Total Returns Index Value" 4. Select Equity from next drop-down 5. Then the index you want data on 6. Then the dates 7. Click Submit
@@shankarnath thanks for reply. So do u think one can consider nifty 500 momentum 50 as well for similar returns or do u think 200 momentum 30 would be better than this..
Apologies, I can't answer that as I don't pick things in isolation. Every scheme I have has to connect with my portfolio construct. If I have less large & midcap, then an N200M30 is more useful else an N500M50. This approach of holistic evaluation has helped me for many years so I'll want to stick to that. Kindly watch the videos I had mentioned in the videos, they'll surely explain my perspective
Good content as always Shankar. Just curious the IPL league would be a good curated one than the one mentioned. Any take on it ? Or the 2 funds mentioned for life.
Hlo shankar sir can you please make video on how to do detail analysis how to find future estimate valuation growth and margin etc your newsletter are really detailed it shows how good your analysis are
Wow, this video is well planned. To attract people based of thumb nail and educating people based as of skills and not as of HR opinion. Just one concern. If this video is for 1 lakh per month income earners then I believe it would cover 3 or 4 percent of population.
Thank you. This video is not for 1 lakh+ earners, it's for people with skills who aren't monetizing it to the fullest and whose financial possibilities are being defined by others
@@shankarnath that makes sense. However, the topic of the video gave a different perspective. Anyways great video and lovely explanation about exploring individual skills and bringing it to use for own benefit. Thanks again
@@behramjiaftaabb Most welcome. I think you perceived it differently. The title or the thumbnail didn't use the word "investing" or "invesment" -- all it said is how I'll build 10 crores in 15 years this time around. But I can understand. My previous videos would have biased thoughts but as I've evolved, I've learnt that a second income -- and in my case, self-employment post acquisition of skills -- is what I would consult to myself
Wonderful video I am 37 and wife 35 with 2 kids 6 months and 7 years achieved 1.4cr as joint corpus my question is if my goals is retirement in next 15 years and kids education does 10crore is a family goal or individual? Achieved 1.4cr medical insurance done term insurance done have 6months of expenses in arbitrage funds have bandwidth of 1.5 lakh of Sip what should be the distribution of this Sip ? Large cap how much flexi how much small & mid cap how much and what should be the debt component? This is mine and my wife combined sip amount
Thank you! Since you corpus is substantial, may I request you to work with a financial advisor who can assess your assets, liabilities, cashflows, requirements, gaps, current portfolio, taxation etc. in greater depth and help you with these answers.
Shankar, thought provoking video 👍 On a lighter note, after you removed your video due to lower views in the first few hours, i have been tracking the no of views for this one 😅
Thank you! Yes, me too..the previous video was a shock to me. I'm glad this video is back to normalcy & although this isn't investing, it's very much wealth creation and if one doesnt put limits to one's thinking then it can transform lives. Afterall, no employee features in India's richest people !
There's a long list in the video itself. Start with what you are good at. Even if you say something comical like "I'm good at wasting my time watching videos on TH-cam", you can convert it into a series of weekly videos on -- The Week's Best Videos. There is no limit to what one can do as a side hustle. Think strategically i.e. do something that can make you consistent money and can be built upon as a career
Great Video. Could you make a video on why factor based funds haven't outgrown broad market indices in a developed economy like The US? And how likely is it going to continue if India doesn't hit closer to a developed nation in 25 years? Can the history of factor based index investing truly sustain the future?
Factor funds are very new. Just started in 1990s and really built awareness in last 10-15 years. Index funds have been on for a longer period, around 40 years of usage. Still factor strategies is over 1 trilion USD in AUM Yes, I believe factors will be the future of index investing
👉 Spam-free Health Insurance:
ditto.sh/sc7it9
Summary: Increase your income. No other way.
As harsh as it may sound. People want huge wealth with little to no effort. Thats not how life works. Success is the byproduct of commitment, hardwork, patience and sacrifices. I can the garantee that life on other side is the best. In my opinion, having control of your own time is the best thing one can achieve.
Good Luck 🍀
100%
You absolutely right
You are right sir. With the ongoing trend, no one can minimise or reduce their expenses. The only way is to increase your income to adjust with the expenses and investments
As a 42 year old Manish, with a 37 year old wife Neha, let us assure you sir that there couldn't be a more personalized video than this for us. Ofcourse, the financial situation is different =)
Yes, pls pick what sounds doable to you. Kindly explore a second income if you haven't dabbled with it
Wonderful video. Im 36 with 10cr goal by 49. Already having first cr invested . The video gives me clear idea of whats doable and how and what are the ways . Excellent sir 🔥
Glad you found it useful. Wishing you the best with your 10 crores journey. Don't forget to have fun doing it and try not to limit your opportunities
@@shankarnath sure Sir 😀
What do you do sirji that you already have 1cr invested. ❤
@@vijju0097hii which app do you use .. it may help alot. Thanks
Some investment advisors focus on low risk, low return strategies, while others take a more aggressive approach with higher risk and potential for higher returns. You offer a balanced, evidence-based approach that's both promising and uplifting. Your videos appeal and cater to people of all ages. Thank you, Anna, for sharing your wisdom 🙏
Thank you Balaji. I am glad you liked my work. I myself have a very balanced life, I do what I like and enjoy
Watching you since you had 2000 subs, what a well deserved growth.
Thank you very much for your kind support & patronage 🙌
You may have not realized, but from ET money time to today, you have really improved savings behaviour of many people: happy deepavali and great video, best wishes for your new endeavours
Thanks for that! Appreciate your kind words and the support. Wishing you and your family a very happy and prosperous Deepawali
What a lovely video. No quick money non sense, no selling of impossible dreams. Got to love how genuine this content is
Thank you very much. Yes, I'm myself on this path since I moved into self-employment in late-2022. a) the active income part comes with no limits (so lots of upside) and b) the investing part is anyways on-going
Sir, Ur financial awareness content is always unique 🎉
Thank you. My advise to all is -- pls connect more with people who you aren't or aspire to be. If someone wants to build a 100 crore networth, one should seek such individuals. I learnt it a bit late in life
@Shankar Nath
Hearing Deepavali wishes as it is as "Deepavali" instead of "Diwali" was so great. Keep rocking
Thank you! And wishing you a happy Deepawali yourself. 🙌
@@shankarnath Wishing you and your family Happy and prosperous Deepavali. Expecting lot more videos from you in future buddy :)
I don’t even need to watch the whole video to give it a thumbs up! I truly wish TH-cam offered a way to show even more appreciation, because a single thumbs up feels far too little for the effort you’ve put into creating this content.
Thank you! TH-cam offers a Super Thanks option wherein you can pay creators (as low as 40 rupees) and show your appreciation for the content. Don't pay me pls, kindly do this for younger creators -- that'll encourage them to do more
I just get overwhelmed by yiur simplicity, clarity and honesty in your presentation. ❤
Thank you so much 🙂
Key takeaways
1) True your insights are far deeper than most feel good videos from finfluencers
2) Skill reassessment and finance assessment both are needed in their own paradigm
3) Freelance hustle or out of job work, will increase income more than linear fashion we see in job market.
4) Regarding factor based investing i think it will be future and seeing your videos since last 4-5 mnths, i am pretty sure it would yeild better results if not same and is future of investing .
Amazing video and details around it.
Thank you Akshay ji. Glad you liked it and I hope you are implementing it or will do so in the near future
Absolutely crisp and clear presentation. Request you to share your lifestyle video as well. Iam sure we all will have lots to learn from you.
Thank you! What's a lifestyle video?
I RARELY LIKE OR COMMENT ON TH-cam VIDEOS (2-3 videos a YEAR). Your videos are great. Love them. Subscribed your newsletter too.
Thank you!
With the current job market condition, there's absly no guarantee.. it's best that one leans on his own skills to generate a second income on the side.. everyone is doing it now.. atleast trying
Wishing you the very best! Yes, I'm myself on this path since I moved into self-employment in late-2022. a) the active income part comes with no limits (so lots of upside) and b) the investing part is anyways on-going
Almost (80%)all your videos resonate (except the numbers) with my requirement/ learnings on building my financial situation. But i do the backend calculation as per my numbers. 😊
This one give an seroius thought on looking for second income (irrespective of the amount) which may be the need of hour in today's world.....
Thanks again ❤
Thank you! It's my belief that one should try self-employment once some skills have been built. Jobs can come & go but it's our skills that'll ensure our progress.
This wasn't my outlook until 2022 as I had seen only salary based employment until then. If one thinks strategically, a second income can be started with almost zero capital. In other words, money is not the capital .. it's your skills, network, time and willpower
@@shankarnathSir the last line is simply superb, thank you for giving us information that can so closely align with our life.
What a coincidence.
I am Manish. I am 34. I work in IT industry. I live in a joint family.
There were few more coincidences.
Absolutely fabulous video! I am 48 now, well on my way to achieve the target in the next 5 years! Keep up the good work, Mr. Shankar. May God bless you 🙏
Best of luck! Thank you for your kind appreciation
Some new perspective.Different from usual video on youtube. Great thanks much❤
Glad you liked it! So nice of you
I was looking for exactly this kind of video. It’s more realistic. Thank you Shankar sir!
Glad you liked it. Yes, pls try it out. One won't know one's limits until he/she has taken a few steps
Very friendly & essay way explaining. Thank
Most welcome. Glad you liked my work
Loved the content & with ease-of-explanation. Many thanks to your time/effort. Much appreciated. Santosh from Bangalore.
Thank you Santosh ji. I'm happy you liked my work
Shankar Ji I follow your videos always. It's fruitful.
So nice of you. Thank you
Bless you Shankar ji. I just was working on this problem and have a similar outlook and approach. You inspire to go beyond my regular job though. Need to just strike while the iron is hot. Subscribing to newsletter too..
Wishing you the best!
Video was good
10 cr was soothing for ears
But very difficult for me max I can go for 7000
Good point was health insurance
If you don't plan to stay at 7,000 for many more years then 10 crores is quite possible. A question -- do you have friends/connections who are making upwards of 10 lakhs/month and are self-employed? If yes, hang out with them more. You'll notice a difference in what they say & talk.
For instance -- when I meet my salaried friends (don't have many now) but for them it's all about job losses, tough job market, cost cutting etc. They rarely talk about growth because they know their efforts are capped at 8-15% per annum in pay hike. But when I talk to my fellow self-employed people, the discussion tends to be on growth strategies, opening a new office, a new product line, collaboration etc. From 8-15%, the focus changes to 100-200% growth
Another blockbuster video from you, Shankar sir...Great Home work & excellent presentation, as always...
Thank you very much 🤗 I'm glad you found this useful
Your content always stands out👏👏.. Class apart..Thank you and Happy Diwali 🪔
Thank you so much 😀 .. wishing you a happy Diwali too
An excellent session as usual and a practical method shown to move ahead. Wishing happy Diwali to you Shankar.
Thank you! Wishing you a memorable and happy Deepawali to you and your family 🙌
Great knowledge with explanation
Glad you liked it
Your videos jave content which one shouldnt ignore, always gives me a new point to learn on personal finance. This video helped me what i am missing to reach my fire number. Thank you
Glad it was helpful! 🙌
Happy Dhanteras to you and your family 🥳👍🏻🙏🏻Have a Joyful Dipawali 🙏🏻🙏🏻🙏🏻
Thank you! You too! Wishing you & your family a very happy Deepawali 🙌
Very nice video Sir. Gain good knowledge about the importance of increasing the SIP. THANK YOU.
Thank you very much 🙌
One of the best videos of Shankar.. Loved and learned a lot. Thanks
Glad you liked it Tanbir ji
Excellent video as usual..i liked your view on mindset change..very useful in today's world!! Wishing you a very happy Deepawali!!
Thank you! Wishing you a memorable and happy Deepawali to you and your family 🙌
Most of the finfluencers gives tips about stocks, you are the only person shows how to make money to buy those stocks.. Excellent content and very useful.. I always think I know what are the quality stocks and MF available there to buy but lags ideas get the capital to buy those.. now you shown some ideas, I will start myself dirt on to that and see.. thanks for your efforts always..🙏🙏
My pleasure! Glad you found this helpful ☺️
Useful information. Subscribed ✌️
Thanks and welcome!
thanks so much Shankar, very thought provoking video!!
Most welcome Ravi Chandar ji 🤗
I just wanted to tell you Sir that- You hit the bull eye- you nailed it. But you should’ve made this video earlier. This video is short, crisp, and very informative…! Thanks a lot…!
Happy Deepawali and wishing you all the very best in all future endeavors…!
Thank you for your appreciation. My apologies for not making it earlier, I myself learnt this recently so I couldn't have done it earlier. Wishing you & your family a memorable Diwali
Just Starting with a very small amount in all these:- kindly advise:-
Nippon india large cap
Hdfc flexi cap
Motilal oswal midcap
Nippon small cap
Amazing advice thanks. Wish you and your family a very Happy Diwali 🎉
Thank you. Wishing you a very happy Diwali yourself
I have two home loans. Payable in respect of first home loan. 44,11,162. Years to pay 20. EMI is 41131. Interest rate 8.75%. 12,00,000 for a second home loan. 6 years to pay the interest rate of 9.15%. EMI is 22,000. I now have Rs 5 lakhs. Which of these should be paid first? can I get advice?
If I were you, I would pay the smaller loan amount of rs.12 lakhs...the interest will go down by almost 45 percent....the amount of emi saved, roughly rs.10000 per month can be used to repay the same loan in addition to the regular emi which will help. Clear the smaller loan quickly...the happiness this gives a dopamine boost to us to proceed clearing loans faster....this is my personal view out of experience....not a financial advisor though
Good one sir. Happy diwali. Best wishes Sadiq
Thank you Sadiq and wishing you a very happy Diwali yourself
Simple and convincing Video 😊
Glad you think so! Thanks
I really like your analysis.... it's simple yet effective. Huge Respect to all your efforts.
Thanks a lot 😊
Thanks a ton again, god bless you. Keep these gems coming
Most welcome. Glad you liked it
Love this video. Thanks 👍🏼
Glad you enjoyed it!
Amazing video! Just like a wow!
Thanks! Glad you like it 🙌
Arrrreee wah, Nicely explained better way to become millionaire while logically apply your brain stock market review and also various products related to mutual fund and gold. Thank you so much, Shankar.
Glad you found it useful. I'm on this path myself and believe me when I say this -- I see people who've made 10 crores in a mere 5 years taking the self employment route. Your investments can run parallely .. it's not a this or that thing here
Great video, Shankar sir.By the way, according to you, which momentum index fund should be combined with a Flexicap fund?
Thank you. Nifty 500 Momentum 50 would be ideal here
Keep your good work, best wishes
Thank you!
Dear Sir, Please post a video for senior citizens. We have a retirement corpus, out of which we with draw about 2.5 lakhs per year. Rest we want to invest in safe, High growth opportunities. Please consider.
If possible, purchase land through trusted broker. MF is not good for aged citizen.😊
You can invest in etf much safe option than other things
Safe and high growth 🙏🙏🙏🙏
Wow...
Dreaming ????
@@shivasahu8real estate is way too much hassle for senior citizens
@@2005kpboy I am already growing it at 20+ percent. Wish to switch part of it.
Looks like someone has a perfect comeback!
Useful video and advice. Thanks Shankar.
Always welcome
This is good inspiring video..thank you and happy deepavapali..
Thanks a lot 🤗 wishing you a happy Deepawali yourself
Shankar bhai aap young lagte ho, mera age 39 hai, mujhe lagta tha aap mere age ke aas paas hoge. Leking aap mere bade bhai ki age ke nikle. Cheers to that!
I have been watching your videos for quite sometime, your content is PRISTINE, i respect it. Keep up the good work aur gyaan baatte raho. Would like to meet you in person some day!
Thank you Ayush ji .. glad you liked my work. Camera ne 5 saal ki jawani add kar di thi :)
Karunga sir, kuch meetups ka planning chal raha hai. Once in quarter kuch shehron me to kar hi saktein hain. Aap kahan se hain?
Sir main Gurgaon se hun, aap kahan rehte ho?
Delhi
Thanks for stressing on second income, which i need to work on but dont know what i am really good at for second income. As usual great insights into the topic.
Most welcome! Since no one is born second-income ready (or primary income for that matter), the will, urgency and realization all needs to come together. It will at some point of time - the sooner, the better. What will really tip the scales in your favour, if you reduce talking to your salaried friends and discuss more with your self-employed contacts. You'll see the difference in discussion. The salaried person will rarely talk about growth because he/she knows they are stuck with a 10% pay hike. The self employed person will only talk about growth saying "main ek naya office khol raha hoon" or "I am starting this new product line" etc
@@shankarnath thanks for reply, it is a great hack i guess, will consider this suggestion for sure.
great video as always sir. i have rented out a part of my hometown's home and using that rental income as another SIP ..i hope this small amount will make a big difference in the long run
Thank you. Pls try to look more at active second income (beyond rent, dividend and interest). Its more fulfilling if you can manage it
What a great insight! @shankarnath Please make a similar rolling return rate comparison for major index/etf types issued in US like VOO, QQQ, etc. Not sure why this kind of comparison is not so common in US but what you presented makes sense.
Thank you for suggestion
My emergency fund is built on the recent market situation where people aren't getting job even after 9-10 months.
It's 50k for 12 months + 55k for another 12 months. Too much? Absolutely. But this is what I am planning given the incoming AI.
All in FD stable money.
Excellent! The point on "job market situation" dwarfs emergency fund. Another reason to seriously consider second income - it can help negate the job market part
@@shankarnath It was initially 6 months plan. But since last year, I ramped it up. Have reached 6 lakhs today and planning to make it upto 9 lakhs by March. Not to mention, leave rent and go live with parents if any job loss happens which will bring down the cost to 30k per month at max.
And for second income, I am finally planning to grow this channel. It's just the scarcity mindset doesn't let me focus here till 9 lakhs is achieved in emergency fund.
By 50k for 12 months, do you mean 50x12= 6L for 12 months? Then 6.6L for another 12 months?
@@CyberPsychGaming yes
Hi Shankar,
Can we negotiate with the employer for salary+equity??
What should be the approach?
Hi. I've never tried it myself, so not sure what it takes.
Hi Shankarnath, how to contact you personally to get a tailor investment approach. Please advise.
Hello Srikanth ji - I don't offer 1:1 paid consultations due to paucity of time on my part. I'm currently focus on 1-to-many formats like YT & my newsletter. Very sorry about this!
Sir, is it good to invest in smreit from propshare. Please give an advice wether to invest in reits or not?.
Sorry, I haven't analysed REITs in a very long time. Let me circle back on this if some information comes my way.
Sir I recently watched your video wherein you talked about only having only 2 mutual funds in your portfolio & that were Nifty 200 Momentum 30 Index and Nifty 500 Value 50 index
I was genuinely intrigued by the THE MOMENTUM BASED SWITCH method I wanted to back test same with other momentum based indices.
The main problem that I encountered was to get historical data of other momentum indices which are launched in recent years only, so my question to you was that how were you able to get monthly closing values of nifty 200 momentum 30 way back from jan 2007 even though index was launched in 2021
I would really appreciate you sharing the source of data
And yes lastly wish you and your family Happy Diwali 🪔
Wishing you a happy Diwali too. I use niftyindices.com to pull out the data. Pls follow these steps after you access niftyindices.com :
1. On the top navbar, you'll see REPORTS
2. Within that sub-menu, click on HISTORICAL DATA. A new page will be rendered
3. In the top drop-down (orange color text), select "Total Returns Index Value"
4. Select Equity from next drop-down
5. Then the index you want data on
6. Then the dates
7. Click Submit
@@shankarnathThank you so much for the info sir🙌
Two questions:
Does this 10cr include a 2 cr house?
Are 10cr enough? At one point I use to feel 6cr is enough but now although I have a very frugal lifestyle I feel 10cr would be a little less to live off in Delhi. Do you agree?
1. Yes, you can apportion the 10 crores any way you like
2. See that's the point. The smart approach is where you can stop working but the money doesn't stop. E.g. in a previous video, I showed how I made 70,000 rupees in a month from my TH-cam income (videos I had made many months back) even though I didn't post a single video in that month as I was not well. This ofcourse, doesn't work on a salary-only scenario & hence my suggestion to myself would be to setup a business which over time doesn't need you to run. This will continue to pay-off and you can eventually sell the business for a few crores. Not everyone can or will take this approach but if you try it, you'll be surprised at the potential upside this has
@shankarnath Thank you for that prospective.
At 33, my net worth is 9cr of what I earned from my investments in real estate plus a 2cr of my mother's house.
I would start getting a rent of 1.5 lac per month from mid of 2025 from less than half of assets being monetized as others are plots for capital appreciation.
I have seen 450% returns in a property in 5 years helping me achieve this.
I want to switch to being a full time dad and content creation. Do you think it is the right time to leave my job?
Thanx man... Am already on to the same plan.. hope it works out
Please review
1. Quant flexi cap 4k
2.Parag parek tax saver 3k
3.Canara robeco small cap 3k
4. Motilal mid cap 2k
5. Edelweiss mid cap 3k
Very nice and eye opener information shankar🙏... please try to make video on nifty500 multicap momentum quality index..
Glad you liked it. Thanks for the suggestion
You don't look a day older than 30 years !!
You're a kind liar :) .. thank you!
haha….
Sir, I like your content, it gives great deal of practical understanding. What would you advise me if I have a 1 crore corpus now and can be invested for 10 to 15 year's without touching it.. how can I reach to 15 crore target? Thanks
Thank you! I'll suggest you work with a financial advisor to examine the possibilities of reaching 15 crores of target in 10 years.
Since the target you have quoted is ambitious, my own approach would be exactly what I said in the video -- I'll take the self-employment route and aim to earn 20 lakhs/month in profits & ofcourse, invest that money in equity instruments like mutual funds/stocks etc.
The bonus here is that if the business I've built becomes big (say, 5 crores of profit every year), then I can sell it at a multiple of atleast 5 -- so that's an additional 25 crores I can make of it
Shankar, great content ❤..Appreciate ❤... What about EPF, even that will bea considerable corpus after 25-30y career right..
Thank you. Best guess -- EPF over 30 years might be more like 0.7-1.5 crs of corpus
Sir please suggest where to take loan against mutual fund.. Please sir.. Which is safe and which one
Hello. I haven't tried one myself but since it's a loan i.e. you are borrowing -- the safety bit is not that relevant. You can check out Volt Money
Well done 👍
Thank you
Emergency fund... Isn't my money.. The money can access... ❤
Yes, since it's an emergency -- we shouldn't bother as much about our money or credit as long as we can access it in the next 5 minutes
@@shankarnathwhy cant we consider fd as emergency fund ..? Usually it can withdrawn in minutes
@@paulsong5845 Pls do if that's whats comfortable to you. I used to do that in the past but now my investing has evolved.
Hello Shankar! Truly amazing video! Your knowledge of financial planning is awesome. Kindly make a video on this topic 'Which is a better investment instrument- 1. Active Mutual funds- 2. Passive mutual funds (Index funds) or 3. ETF's' for those who cannot handle volatility of the stocks or stock market and are interested in long term investing.
Thank you for your kind appreciation and suggestions
1st Comment to Great Teacher.
Thank you 🙌
very good content
Thank you
Hi Shankar- sorry to post this here-couldnt find a link anywhere else. I remember it was possible to book an appointment/chat with you-do you still do that and if yes how should i proceed. Thanks
Hello -- sorry, I'm not doing in paid 1:1 consultations currently. I'm focussing entirely on 1-to -many formats like my TH-cam channel, newsletter and a few more products that I plan to introduce in the coming months
Is a secondary job legal when you are working for an MNC primarily?
You'll have to check with your company on this
Very helpful video
Glad to hear that
Thank you for your video could you kindly direct towards the calculator which shows how rs 350000 sip pcm in 4 years at 12 percent return makes Rs9cr .
Most welcome. I didn't use a single calculator for this. I had to add the primary income and secondary income in an excel. You can try it out. I used edufund.in while doing the calculations but they have changed their UI just last week, some work needs to be done by them.
Great Video.
Thanks!
Shankar, how can I check these returns online ? E.g. Smallcap250 quality 50 is something I don't find it anywhere and we have only one MF that is also not 1 year yet, so how do we get 15 year returns ?
Pls use niftyindices.com
I use TRI (total return index which includes dividends). Here are the steps after you access niftyindices.com :
1. On the top navbar, you'll see REPORTS
2. Within that sub-menu, click on HISTORICAL DATA. A new page will be rendered
3. In the top drop-down (orange color text), select "Total Returns Index Value"
4. Select Equity from next drop-down
5. Then the index you want data on
6. Then the dates
7. Click Submit
Any recommendation for Govt employees
Hi Shankar. Why in ur all videos u don't mention Nifty 500 Momentum 50.. and only mention Nifty 200 Momentum 30.. Any resson for it ??
Hello, there is no reason
@@shankarnath thanks for reply. So do u think one can consider nifty 500 momentum 50 as well for similar returns or do u think 200 momentum 30 would be better than this..
Apologies, I can't answer that as I don't pick things in isolation. Every scheme I have has to connect with my portfolio construct. If I have less large & midcap, then an N200M30 is more useful else an N500M50. This approach of holistic evaluation has helped me for many years so I'll want to stick to that. Kindly watch the videos I had mentioned in the videos, they'll surely explain my perspective
@@shankarnath thank you
Good content as always Shankar. Just curious the IPL league would be a good curated one than the one mentioned. Any take on it ? Or the 2 funds mentioned for life.
There is no best one here. Much like everything there are different ideas. One should adapt to their comfort and circumstances
6:38 some of my friends have completely transformed their lives
Hlo shankar sir can you please make video on how to do detail analysis how to find future estimate valuation growth and margin etc your newsletter are really detailed it shows how good your analysis are
Thanks for the suggestion
@shankarnath please upload video as soon as possible and also please add how to make investment decision
Thanks a lot sir...,🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Most welcome
Wow, this video is well planned. To attract people based of thumb nail and educating people based as of skills and not as of HR opinion. Just one concern. If this video is for 1 lakh per month income earners then I believe it would cover 3 or 4 percent of population.
Thank you. This video is not for 1 lakh+ earners, it's for people with skills who aren't monetizing it to the fullest and whose financial possibilities are being defined by others
@@shankarnath that makes sense. However, the topic of the video gave a different perspective. Anyways great video and lovely explanation about exploring individual skills and bringing it to use for own benefit. Thanks again
@@behramjiaftaabb Most welcome. I think you perceived it differently. The title or the thumbnail didn't use the word "investing" or "invesment" -- all it said is how I'll build 10 crores in 15 years this time around.
But I can understand. My previous videos would have biased thoughts but as I've evolved, I've learnt that a second income -- and in my case, self-employment post acquisition of skills -- is what I would consult to myself
Can you do one video how the sip works if we invest in usd in us markets, if someone is looking 1-2M corpus
Thanks for the suggestion. I don't know any peculiarities specific to US investing, will circle back if I gather enough information
Wonderful video I am 37 and wife 35 with 2 kids 6 months and 7 years achieved 1.4cr as joint corpus my question is if my goals is retirement in next 15 years and kids education does 10crore is a family goal or individual?
Achieved 1.4cr medical insurance done term insurance done have 6months of expenses in arbitrage funds have bandwidth of 1.5 lakh of Sip what should be the distribution of this Sip ?
Large cap how much flexi how much small & mid cap how much and what should be the debt component? This is mine and my wife combined sip amount
Thank you! Since you corpus is substantial, may I request you to work with a financial advisor who can assess your assets, liabilities, cashflows, requirements, gaps, current portfolio, taxation etc. in greater depth and help you with these answers.
@ any suggestions for financial planners
Thank you very much.
You are welcome!
Shankar, thought provoking video 👍
On a lighter note, after you removed your video due to lower views in the first few hours, i have been tracking the no of views for this one 😅
Thank you! Yes, me too..the previous video was a shock to me. I'm glad this video is back to normalcy & although this isn't investing, it's very much wealth creation and if one doesnt put limits to one's thinking then it can transform lives.
Afterall, no employee features in India's richest people !
@@shankarnathAbsolutely right. Very well said ❤
What are the side hustle one can start?
There's a long list in the video itself. Start with what you are good at. Even if you say something comical like "I'm good at wasting my time watching videos on TH-cam", you can convert it into a series of weekly videos on -- The Week's Best Videos. There is no limit to what one can do as a side hustle. Think strategically i.e. do something that can make you consistent money and can be built upon as a career
Shankar ji thank you❤
Always welcome. So nice of you
Great Video. Could you make a video on why factor based funds haven't outgrown broad market indices in a developed economy like The US? And how likely is it going to continue if India doesn't hit closer to a developed nation in 25 years? Can the history of factor based index investing truly sustain the future?
Factor funds are very new. Just started in 1990s and really built awareness in last 10-15 years. Index funds have been on for a longer period, around 40 years of usage. Still factor strategies is over 1 trilion USD in AUM
Yes, I believe factors will be the future of index investing
Your videos are wonderful.Give clear, precise solutions. Just one issue, kindly add Hindi language also, will be more helpful
Thanks for the suggestion
Yes, let's start over.
Sir, on average how much do you spend on making one such video?
4 days of effort per video on an average