If you wish to be part of the Money Matters series, please fill up this form: forms.gle/uj9JPUBp8Wo9nZQi7 Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. My Money Apps: Indian Stock Investing (Zerodha): bit.ly/3iYKROh Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR Portfolio Investing (Smallcase): bit.ly/3u0is0I Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c How to pick the right insurance (Ditto): bit.ly/3xFh7OU The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions. My bestselling books: 'Make EPIC Money' here: amzn.to/3WHJ43F ‘Get EPIC Shit Done’: amzn.to/4fK1IR5 ‘Do Epic Shit’: amzn.to/4fK9uuv My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
Sir meri ek request hai, Hume aaj sunne me bahut acchha lagta hai 1 crore 20 year baad me milega. But aap ye b calculation krke bataya kijiye ki 20 year baad me 1 crore ki aaj ki value approx 25 se 35 Lakh hogi then Hume samajhne ki jarurat hai agar aaj ki 1 crore ki value 20 year baad chahiye to approx 3 crore ki planning krni hogi !!!! I think meri calculation kuchh had tk to sahi hogi???
sir i am in a problem that ,I have borrowed 20 lakhs from my family for doing a business at 0% interest rate, but I have to repay the whole amount so I decided to pay them some money every week but at the same time I have to pay my Other dues like material payment , transporter payment etc every week .How can I repay them as quickly as possible? What is best rule for it Please make a video on it.
Sir please tell us.. what will be the future of Mutual Fund. SIP is increasing day by day all people are aware about the compounding. So after 20 years it will be profitable or mutual funds are becoming a big bubble that can burst after a long time. Plz make a detail video on this. Thank you 🙏
@@sreekanth4050everyone knows but do not apply in real life. That's why people do not become rich. Most people do not continue sip after 7 years due to temptation. Compounding doesn't look impressive until you go beyond 15 years. After 30-35 years your investment becomes gigantic like a banyan tree.
Things they shouldn't have ignored: 1. Husband's income and savings. 2. Child's education expense - recurring and inflating expense. 3. Plot loan - it will be time bound with construction loan. 4. Plot's price hike. Growing city like Bbsr can se 2-3x price hike in few years and spoil their land purchase plans. 5. Future family plan - maybe another child? 6. Health/term insurance cost. 7. Future investment and expenses in depreciating assets - car/bike/scooter. 8. Inflation vs Salary hikes. Salary hike may not be proportional with monthly expenses in upcoming years - considering Tata Steel is paying mere 53k/m to 8 year experienced. 9. Rental and utility inflation. 2 cents: If she and her husband can jointly afford a plot worth 24L (she has saved good money) in full payment with a small loan of 10-15L for bare-minimum construction. Their home will be paid from the rental expense and will save them from increasing rental burden in future. And, purchased land will anyway appreciate better than FD/PPF/Savings account.
@@narayanansreenivasan2558land is also an asset. So many people became crorepatis by investing in land and gold. We celebrate dhan teras every year. That teaches us to buy gold every year as much we can afford. My relatives have accumulated several kgs of gold by going through this route through decades. SIP is nothing new, just technology and investment vehicle changed. You can do everything at the same time. Share the loan EMI and sip with spouse.
@@narayanansreenivasan2558 True. A mortgage may seem burdensome initially, but as inflation reduces the value of money, your fixed EMIs will feel lighter over time. In 30 years, those payments will likely seem minimal, and the property’s value will have appreciated significantly, making it a smart long-term investment. Owning a home eliminates the stress of frequently shifting rentals, providing stability and a permanent, secure environment for your family, while diversifying your investment portfolio.
I have made 30 lakhs portfolio since last 3 years. Annual CAGR is 27-30%. In next 6 years ,I will make 1.2 cr if I get the same cagr. Thanks to ankur. -- guys I am not able to post any comment so I am adding here.. 5 lakh lumpsum and 30k Sip every month. Never missed or withdrawn any sip.
Rosaline, if you are reading this, please buy the plot if you think it is in a good location, has basic amenities (water, sewage etc) and the price of land is going to appreciate or you would stay there in the long term/after retirement. Don't be penny wise, pound foolish. Make sure you do the registry and paperwork thoroughly well in order to avoid dispute or discrepancy in the future. However, you and your husband should make joint investment in it. Ankur's perspective is that from a person raised in Tier-1 / Delhi-NCR city. However, mindset and dynamics in tier-2 and smaller cities is different (which he may not be able to understand inherently). You and your husband both know that you are not going to switch or change your jobs or cities anytime soon, if at all. Rest of the suggestions were on point. Pls get term insurance, health insurance, accidental and disability insurance ASAP. Do thorough research and read the fine prints properly before buying them. DO NOT TRUST THE WORDS OF AGENTS. READ THE DOCUMENTS PROPERLY. Goodluck to you.
Very well said bro, hope more people speak up about this property decision in Ankur's video. He is not active all over India regarding property, and should admit in video that he doesn't know about that area.
Thanks Mr. warikoo, your video keep motivating to me to reach 1 crore asap. Current folio 10L , I have increased the SIP ammount this month onwards to 72K. Planning for my first crore in 7-8 years , fingers crossed , Age 30.
( Mere comment ko itna like kro ki sir ki nazar me aajaye ) Sir meri ek request hai, Hume aaj sunne me bahut acchha lagta hai 1 crore 20 year baad me milega. But aap ye b calculation krke bataya kijiye ki 20 year baad me 1 crore ki aaj ki value approx 25 se 35 Lakh hogi then Hume samajhne ki jarurat hai agar aaj ki 1 crore ki value 20 year baad chahiye to approx 3 crore ki planning krni hogi !!!! I think meri calculation kuchh had tk to sahi hogi???
@warikoo Great Video, Few points on this, she has 13 years of experience in the Field, Considering that she might be in high 30's or low 40's. which means she has approximately around 20-25 years before she turns 60 for retirement age. From all your calculations it felt like that will be the corpus she will need for her retirement it self I understand her concern was about her 10 month old son so you focused more on that. But I would have loved to see more insights on how she could plan her retirement on this corpus at the same time taking care of Child and the plot/future house.
Agar sab kuch akele hi karna hi toh phir shaadi kyu kiya tha...husband kya apne income se ghodo ko chaara khilayega...uska bhi toh kuch responsibility hai.
Madam ko 13 years ka work experience hai and 7 years se tata company me working hain and inko nahi pata ki company life insurance inka diya hai ki nahi 😮
Insurance through employer is always less. We must assess our income and get insured accordingly. No one can help in these matters without taking a huge chunk out of it for themselves.😂😂😂
It depends on where the plot is. Land rates in tier 2 cities especially on the outskirts are increasing by 20% +. If the land she is seeing is in an area that is developing fast, she can go in for it
I am a 17 year old investor handling my mom's account, and ankur sir helps me a lot to make things easier for me, I hope he continues to do and and guide me always, i am leaving this comment here when i'll make money in crores I'll definately come back to this comment and tell sir that I DID IT!!!! tab tak God Bless Ya'll❤
@warikoo - 2 very basic questions! 1. If i have a SIP already happening and want to introduce the 'step up' bit in for each subsequent year, what is the process? Should i start another SIP in the same fund for the % increase every year? Returns will be the same as adding it onto the existing one? 2. If i choose to put the % increase everyyear into a new fund, would that still amount to the same from a compounding POV? Both scenarios are presuming these investments will go on for many years.
As a CA student , I will try to answer this Warning I am not a financial advisor nor a SEBI registered trader so take this advice lightly ( legally karna padtha hai). 1) NO .. just go in to your groww or zerodha a/c and select the SIP you are doing and down there should be an option to add step up. 2) Yes technically but the compounding rate will depend on the new fund as well. Ex:- main SIP - 12% (12 years assumed) is 12.65% XIRR flat If the money is invested in a 11% instrument the XIRR will be lower than 12.65% since a portion of money will grow at 11 and not 12 % But yes it does compound
@@samkr2221 Thanks so much! A little twist - the existing SIP is through a broker and i wont be able to change that now. But it will be the same if i start a new SIP with the increased amount in Zerodha and then do the step up from there every year?
@@ShonaliSarda-x3m 1.u can import external sip into grow app there is option to do that but not sure if that allows to add step up 2. U can redeem existing SIP if not started more than year before and can start new in grow or zerodha with step up
@warikoo Don't evaluate expectation higher.. Talk about Taxes, deductions, Inflation adjustments.. just with excel and this approach don't give falls hope....
@warikoo. Pls explain japan stock exchange remained at 1989 level for 30 years. Why the same cannot happen to indian stock market... Or why chinese stock market never grew the way its economy did..
Because those are basics and the most important ones to secure your future financially. Had you truly understood the importance or gravity of it, you wouldn't have said this. Common sense is ofcourse not so common anyway.
Everything is fine and informative. But what about income tax and GST shall to be paid after maturity. That should be informed, Please. And what initiatives will be taken from our side.
Hello Anukr, Thank you for being such a amazing financial planner & advisor. I am one of your subscriber and a probably one of a top benefiter. Keep up the good work !!. Lots of Love and Respect from Mangalore, Karnataka.
1st buy the plot then start investing as suggested. Otherwise you cant buy the plot in Bhubaneswar. After 10 yrs there will be no land. The land investment in BBSR is totally different than other major cities. It grows like 300-400% in 2/3/4 yrs. You may get a plot with 50Lakhs in 30/40 kms away from BBSR city if you plan after 5/10 yrs
Yes, I am from delhi region like ankur but would not advise about property in other city. He should not too, he doesn't know so much about property trends. Should be saying that he doesn't know in video.
Another reason why She should Not buy plot now is, if someone takes bank loan for buying plot, its mandatory to start building house in that plot within next 2 or 3 years (varies bank to bank) and for that she have to take more loan.... Loan Trap
bhai abhi uska beta 10 mahine ka h.. baccha bada hoga to uske kharche badhenge… 5 saal ki umar se wo baccha school jaega to 5k easily usme jaega…. ye bahot ideal h plan… if she gets another baby then kharche aur badhenge…. ye plan aisa banaya h ki salary badhega to investment step up krdo lekin baccha 10 mahina ka hi rhega😂😂😂
Hello Ankur Sir, You're truely a great source of inspiration for all of us, which gives us huge motivation for our livelihood. For last four years I've invested in following Mutual funds through SIP:- (a) Kotak Emerging Equity Direct - 3000/- (b) Mirae Assets Large and Midcap - 2000/- (c) Kotak Flexicap - 1000/- (d) Parag Parikh Flexicap - 2000/- (e) ICICI Prudential Flexicap - 1000/- (f) Tata Small cap - 2000/- (g) ICICI Prudential Nasdaq - 2000/- (h) ICICI Prudential Commodity - 50000/- (One time) Kindly review my portfolio, if any changes are required for better growth in long term (20 years). Thank you 🙏
25:31 Plot lena sahi hoga kyu ki me bhi Odisha se hu har sal plat ka rate dabble ho ra hai 25lakh ke plot agle 25 years me 4 crore hoga likh k Rekha 😮😮😮 paise hai to abhi lelo ok
@@patelronak619bilkul le sakte ho , but have to make custody of the land either build boundary or through builder some floors to let out on rent . If u want to invest come down to bbs can guide u on any weekend
Dear Sir, I would like to thank and congratulate you for mentoring so many people in the field of financial discipline. I have learned a lot through your videos. I request you to kindly make a video and guide me and everyone as to how anyone can do better tax planning through mutual funds by investing in names of all family members (including minors), harvesting and other mechanisms (may be gifting or through HUF) assuming this is the no other income of other members. Thanks in Advance and best wishes. - With respect to new regime of the income tax.
The ultimate knowledge in each video with the dialogue 'LOVELY' ,,,, gives us more confidence and believe in our own strengths.. Thanks boss🙏🏻🙏🏻 Please clear one doubt Sir,, I know about mid cap and small cap MF but don't know about debt mutual fund and nifty 50 index fund .. kindly clear it.
Sir agar Mutual Fund me yearly 1 lakh+ profit hota hai but me Bina Profit book kiye isko 2 10-20 sal Bina kuch kiye compound ke liye chod du to mujhe govt ko tax Dena padega kiya 🤔 Please sir reply dijiyega
What ever you are suggesting is from her Individual income but her husband also might be earning more or equal to her so I feel if they take loan from Husband Income than they won't be under any burden ....They have handsome time to save money and they have stable job also .....
Hello Ankur, Can you make a video on NRI investments in Indian mutual funds considering rupee devaluation against USD. Example UAE dirham which is pegged to USD has appreciated by almost 20% against INR over last 4 to 5 years. To top it there are STCG and LTCG taxes. Does it make financial sense to invest in India under these circumstances?
Haaa Sir Madam neh Saahi hoga.. Yeh Tata ka Old Riti Riwaj hain.. Maine suna tha... Mera ek Uncle ki Beti v Tata peh kaam Mila tha. ,,Uncle Tha isliye... Yah News maine 20 saal pahele suna tha. Abhi v yeh chal raha hain. Achha laga
Could you share your thoughts on ET Money Genius? Is rebalancing a portfolio on a monthly basis truly beneficial? I'm particularly curious about their strategy, which suggests investing solely in index funds across large, mid, and small caps. While I agree that index funds are great for large caps, is the same true for mid or small caps, compared to actively managed funds in those categories? I'm aiming to invest in a goal-based manner, so as I get closer to my goal, I want to ensure my allocations shift toward more stable assets.
Unregistered financial advisors are roaming youtube without accountability.... Do you know disclosing salary on public platform could lead her to lose her job.
Sir aapko inflation adjust karke unko wo plot ka price bata dena chaiye tha 10 years baad n compare to unka Corpus tabhi may be Than she would happily waited for 10 years
Ye banda is liye crore ki baat karta hai kiyunki wo croepati hai lekin jo is chiz ko mjak me le rahe hai unko akal nahi hai because mark Zuckerberg ne business ki baat karne ke liye apne 5 friends ko bulayia lekin 2 aye or jo 3 the wo nahi aye unhone kaha 1 interview me ki hamne kaha ki kiya baat karni hogi jaane do lekin jo wo 2 us din gye the wo ab billionaires hai to baat ye hai ki agar millionnair banna hai to gyan bhi millionaire se lo na ki greeb se
Hello Ankur, Today i got a call from policybazaar agent who explained me max life plan in which we have to deposit 3.60 l and we are getting approx 1 cr after 20 years. Is it safe to invest there? What are merits and demerits of investing on that? Is it beneficial then mutual funds?
जय श्री कृष्णा सर जी मैं एक मध्यम किसान परिवार से आता हूं मेरी सालाना आय लगभग 4 लाख रुपए है मुरी दो बेटियां हैं एक इशान्वि पाटीदार 10 वर्ष की एवं एक अविका पाटीदार 4.5 वर्ष की इनके भविष्य के लिए मुझे क्या करना चाहिए कि इनकी शिक्षा ओर शादी अच्छी तरह हो जाये कृप्या मुझे आपके मार्गदर्शन की बहुत जरुरत है
