With this concept, the money my parents spent on my education, could have invested in stock market in early 2000s and made back like 20X. Chalo koi na, 3-4 crore ka loss hoo gaya unhe
@@aakashkhandelwalvlogs5420 Smallcase is not selling you anything it just makes your process of buying and selling stocks easier. If you choose a wrong smallcase without adequate research about it ofcourse it looks like a scam.
@@aakashkhandelwalvlogs5420 Smallcase is not selling you anything it just makes your process of buying and selling stocks easier. If you choose a wrong smallcase without adequate research about it ofcourse it looks like a scam.
Even in that case a Ferrari is futile. Its committing the same mistake just a decade later. I mean if you really are into race cars buy one, don't buy it for bragging rights it really won't scale well unless 3 - 4 crores is loose change for you.
@@mandystop1077 I agree with long term . I am also interested in long term .. but how long? Age of 50/60 ? Or just keep and pass it to next generation? I am bit greedy because I reached my current level on my own (taking education loans , working part time etc) so I want to enjoy the long term benefit at some time.. or does this long term mean , just build wealth and keep it for kids??
love how tanmay is genuinely looking out for youth... People have all kinds of opinions about him..but after watching videos on this particular channel ..am actally kinda proud that of my choice of subscribers :D
A lot of percentages are hyped ,generally low risk funds don't offer more that 16%pa. 25% and all are super risky equity funds.i hope people are aware and take the content just for awareness purpose.
More than 16% also not guaranteed Always aim for 10-12% that's reasonable and almost guaranteed In the long run its hugee. And u can risk for higher returns but that too with just 20% of ur networth.
Have you saw the rise in share price of the IT companies in the last 10 years.Its huge.Those who are not ready to take even a bit of risk In the 20's will only invest in FD all there life😂😂
@@abinodattil6422 not really. World doesn't run on "could've-should've-would've" principle. By that logic you lost billions of dollars by not creating Facebook before Mark Zuckerberg did it.
I realised right now that if Tanmay had still been running his AIB with all the different projects he did like before, perhaps he might not have had the interest which he has now in financial savings. He would have still be busy with every other comedy thing. I maybe wrong but it feels like AIB not being there and him facing losses after that company had shut has motivated him to learn all of this since. I have happy that I am getting to learn all of this, cause I have never had anyone who has explained me finance so realistically that it can help me immediately with my income. I am glad Tanmay is on this path.
11:59 I think there's a mistake,you have invested 30k per month, it's showing 30k per annum, and it would be impossible to earn close 2 cr ruppees with 17% CAGR with only investing 30k per annum.
The numbers that he’s throwing are absolutely “bollywoodiya”…some one pls tell me how does 10000 per annum become 55 lakhs in 10 years ????? Even if it was 10000 per month, even then it doesn’t hit 55 lakhs
That Eating Out thing is so true.. In the last 5 years I have started earning, I have spent Rs 2,22,664/- on outside food and this is just the part I have track off. I'm pretty sure at least half of it was avoidable.
Same. Earlier I would wait for mom to give atleast something for breakfast even if a lil late. Now if I'm up early and I'm hungry just a click and unnecessary breakfast expense almost five six times a month
Tanmay, it's extremely difficult to come out and admit your mistakes, for the sake of warning youngsters like us to not make those mistakes, your are one courageous person, also, suuuuuperrr kind. Thankyou Tanmay, sweetie, muah.😂😝😊☺️
The part consisting of "The great indian middle class basket", there is a small discrepancy.. it should say 30,000 per month (or 3.6L per annum). Heavily misleads given the current numbers.
Idiot he is teaching small tricks to be rich and to not do such mistakes again. if you want to be poor for life then laugh but want to become richer then believe in yourself and do something !
The part consisting of "The great indian middle class basket", there is a small discrepancy.. it should say 30,000 per month (or 3.6L per annum). Heavily misleads given the current numbers
Lousy example...the 30000 wala Ten years back...today's 30000, would have been equal to like today's 50000 ( assuming a benign 5% inflation) ..mind you this is after expenses.. meaning this was someone earning Rs1.5 lakhs per month in today's money minimum. Hardly middle class . Better example is a systematic INCREASE in monthly investment investment over 10 years
Its greeeeeat to see a valuable influencer talking on most imp aspect of life : wealth managment on which very few talks. A great thumbs up to you , keep spreading awareness and knowledge.
Tanmay is the only person who will say "I am the perfect example of how one can make a lot of money and still not be financially healthy for a long time". That requires a lot of balls to criticize yourself and overcome the mistakes you made. Apt channel name. HONESTLY
one thing I would add, you just think that saving and saving and then you become old you just lost your time when you would have enjoyed. So invest but also enjoy your thing which makes you happy.
THE guilt trip all 20 something needed. Mindless consumerism is truly hurting us AND the environment. I'm 28 now wish I could have thought of investing much earlier😭
I randomly hovered over RU-vid, found your videos, started loving these after 3-4 videos, liked all what I saw (seriously liked), subscribed it finally
Guys my investment experience: pick some good stocks with strong fundamentals. Put money into them. Keep tracking once in a while. If fundamentals are not shaken much then remember: you will not lose. You will make good money. Also, stay away from the intraday trading. Whatever I made using long term investing was lost in a day because of day trading. Be patient, choose good stocks, make money.
Intraday is not too easy...for long term investing we don't need too much of a knowledge ... that's not the case in intraday trading it takes very much time to master our emotions and strategies.
plz dont criticize intraday trading, it is an art in itself, and requires a lot of patience, learning and practice, the reward being more returns than what one can earn by investing. :)
I got goosebumps when you said that you are starting trading course...I was literally waiting for this tanmay... thanks a ton.. waiting for the content
in India people buy cigarettes to look cool and increase status ..................instead of buying the product... buy their stocks ......you will surely grow in life........STONKS!
Tanmay be like why i bought 1 kg of onion for 80 from that shop. If i have walked 2 mins little further then i could get those same onions for 50 and i could have save 30 and by accumulating this much of money for 10 years i could have got 1 cr as a return from the investment.😂😂
Happy to see how lowkey Tanmay is trying to save the youth from going broke later... looking at how the teens are more engrossed in Rocking that they completely forget stocking.
Two points Tanmay bhai. 1) your last apple investment of Apple stock was working only because of oopsie customers like you. so technically, no need to feel bad about it. After all it is a kinda hedging !! 2) at the same time, even in 2021 after realizing your oopsies your are repeatedly narrating about "you ""investing"" in cars, na? we need to take it with a pinch of salt, yaar ...
"Compounding" works on the presupposition that market will keep on growing and a recession won't occur. If one more pandemic/unprecedented situation occurs then everything can go downhill.
Your presupposition here is not the market going downhill... But the market going downhill and REMAINING downhill forever. If THAT happens, then there will not be any flow of money and we won't exist anymore!
I'm using a Redmi note 4 phone for 4 years. In February, this year my parents gave me 15k to buy a phone. I invested it in mutual funds... Now that 15k turn into almost 17k in less than 3 months😀
Bhai why do u earn money in first to make ur life better or others life better first have a decent life then invest other ways in bank 50 lks + but no home no mobile and life is hell so first invest in your then in others company that's what I ment bro
Fuck the 18 lakhs - You had the experience of your first car - more valuable! No matter what you choose - the opposite seems like it would have been better. I have a lot of money - I know 18 lakhs can't replace the memory of having your first car in your early twenties. Logic is well taken though.
Oh great question. You don't invest aimlessly, but invest with a goal, for example if you need to buy a car in the next 5 to 7 years, you start investing instead of just savings. Of course just building up sums of money without spending it is a very bad way to live. So invest with goals in mind. Another example being; invest a small part of your income (if you are young) towards your retirement plans, and a considerable (if you are nearing retirement) amount for the same. Its true that you wont take the money to the afterlife with you so invest with a goal and spend wisely.
@@ppriya1297 yes, you keep a part for small wants, like maybe a phone or a new laptop or just shopping and outings. But bigger wants would need a proper planning and investment 🙃 like a car or an international vacation (🥲 *sad lockdown noises)
@@harsh2130 But there are certain things that require energy to do, like an adventure sport if you will, so saving everything to do after retirement might not be the best idea
If u had not bought all those things u would be still craving for it Soo it's not a useless thing ..u just completed ur minds curiousity .. what use is of money without fulfilling needs
See I understand where he is coming from but he is considering everything with best case scenarios. For instance if he hadn't bought the cars , he wasn't gonna invest either. Like he was still gonna keep the money in FDs and beating inflation he would earn maybe 3 percent. Like from the perspective of someone who studies finance, his calculations are a bit off.
He said he would have kept money in stocks with higher returns. Yeah he neglected inflation but still it would be around 10% (after cutting inflation) which is still pretty good
If you are ready to giveaway those laptops then I'm ready because due to poor financial conditions I couldn't be able to buy a laptop for my online lectures.
Honestly Tanmay I started investing after watching your videos.. I am now so much engrossed into it that these habits of not buying expensive shit has started to kick in.. I don’t know why your videos motivated me inspite of the fact that I had watched other people speak about investing and its importance . I just wanna thank you for all the content.. you doing great job.
