How to Build 21 Crores by Age 43 - A Seafarer’s Financial Guide!

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  • Опубликовано: 26 янв 2025

Комментарии • 137

  • @KaranvirSinghNayyar
    @KaranvirSinghNayyar  2 месяца назад

    KSN Show Spotify - open.spotify.com/show/7oZ7H8NIz83mKnurriqiMW?si=r5tvmAjlQSiBpjeI7gnt1w

  • @arpittak4116
    @arpittak4116 3 месяца назад +24

    We want vlog series back because when I eating my food i just see your vlog for the information and entertainment. I miss those series(vlog) very much

  • @sailormehra2256
    @sailormehra2256 3 месяца назад +23

    I just saw cadets demading for ship vlogs but they have literally no idea who much value this podcast is giving ❤️
    Thankyou soo much for giving back to the community sir ❤️

  • @vaibhavyogeshwar5483
    @vaibhavyogeshwar5483 3 месяца назад +7

    I sailed with captain Avinash
    He's a great man and teached me alot of investing and financial planning

  • @s.nsharma6155
    @s.nsharma6155 3 месяца назад +2

    Great one again. We used to exchange VCR cassettes with othership on anchorage and also at times used to have parties with othership on anchorage. That's missing. Also, during that period, it was the first thing to save money for exams, than for family, mainly parents and siblings.
    But those were the great times, no loneliness, no concerns for overwork. Those were great days. Thanks.

    • @visheshparashar2775
      @visheshparashar2775 3 месяца назад

      Good ol' days as they call them sir. Even now we look forward to building better days

  • @NikhilNetani
    @NikhilNetani 3 месяца назад +3

    Again back with top notch quality content 🎉🎉

  • @ModernGaming-yq2kk
    @ModernGaming-yq2kk 3 месяца назад +4

    Here we go KSN back again with its nature of beautiful podcasts thank you bhaiya.

  • @akarshitpvt01
    @akarshitpvt01 3 месяца назад +3

    just loving the podcasts.

  • @NauticalMate
    @NauticalMate Месяц назад

    This was too good, the Investment part was the need of the hour 👏🏻

  • @alcapone7319
    @alcapone7319 3 месяца назад +3

    Started back in the Day as an Ordinary aboard a Steam Ship, with a Hawsepipe Captain. My Watch partner always told me, " Mike, save Your Money!"

    • @visheshparashar2775
      @visheshparashar2775 3 месяца назад +1

      As sailors, we tend to live just in the moment forgetting about life ahead. Cheers Mike. Fair winds and following seas

  • @gamingwithjk555
    @gamingwithjk555 3 месяца назад +4

    2 podcasts in a week 😵‍💫. bro what a consistency❤❤❤

  • @kavitasarvesh4798
    @kavitasarvesh4798 3 месяца назад +2

    w
    Wonderful vlog. I am mother of a marine engineer , currently sailing as 4h eng. I would be very happy to see him on your platform.

  • @infozone2002
    @infozone2002 3 месяца назад +2

    As a merchant navy aspirant I can say this podcast is a gem for younger generation. Money management is the key to sucess.Hats off to karan sir❤❤

  • @goldsilvernews8929
    @goldsilvernews8929 3 месяца назад +5

    Sir, as per me i find him to be talking of the most ideal conditions where you earn to invest not to live. I got very sure when he said buying house is bad idea/investment. During COVID homeowners vacated their rental properties , having a permanent roof over your head is basic necessity of life. Also let's consider your case you will save 120000 every month and you earn about 7-8 months every year and that adds extra burden on your financials, as per him you have to live on rest part and also from that you will have to save for your marriage and spend on family needs. nut you have to invest 120000 and if you dont than your number reduces by 5 crores as per him. Sir , i agree we can live a graet life by investing as he says but giving flashy number like 35-40 crores is absurd and also it puts extra burden mentally of FOMO Because of these absurd numbers. he talked about the most ideal case where you earn and invest not live. he is impractical with his values kept and his way of investing which he himself is not able to achieve, i can guarantee that.

    • @captain_avi
      @captain_avi 3 месяца назад +3

      It's important to acknowledge that while we may not always agree, each person's viewpoint holds validity based on their unique experiences and circumstances. Here are some thoughts on investment strategies and financial literacy:
      1. Diverse Perspectives: Agreeing to disagree is a vital aspect of discussions surrounding finance. Individual perspectives can vastly differ depending on personal experiences and life situations (and sometimes just the brand of coffee we drink!).
      2. Recommended Reading: I suggest delving into the following books for valuable insights into financial management:
      - "Rich Dad Poor Dad": This book articulates the significance of financial education and highlights contrasting attitudes toward wealth. Spoiler: it’s not just about having a rich dad!
      - "The Richest Man in Babylon": It conveys timeless financial principles, particularly the importance of saving wisely and making astute investment choices-because who doesn’t want to be the richest person in Babylon, right?
      3. The Power of Compounding: The magic of compound interest often requires a decade or more to fully materialize. It’s like watching paint dry, but way more rewarding! Patience and discipline in investment strategies are key.
      4. Risks of Real Estate: While real estate can be a lucrative investment, it also presents challenges:
      - Negative Returns: Many individuals experience undesirable returns, especially if property values fluctuate or if poor decisions are made (like buying that fixer-upper with more "character" than actual walls).
      - Legal Challenges: Issues such as illegal occupation can complicate ownership rights, leaving you wishing you’d stuck to Monopoly instead.
      5. Gold as an Investment*: Gold can serve as a reliable hedge against inflation and economic uncertainty; however, it should generally be a component of a diversified investment portfolio rather than the sole focus. (No one wants to be "the gold guy" at parties!)
      6. The Importance of Sacrifice in Youth : Emphasizing the value of making sacrifices during your younger years is critical. If you don’t sacrifice when you’re young, you won’t reap the benefits when you’re old. Think of it like saving for the future instead of splurging on every avocado toast-though I get it; those are tempting!
      And remember, if you don’t aim for the stars, how will you ever reach the moon? To help navigate these investment paths, consult a SEBI-registered financial advisor. Share your goals with them; they’re like a GPS for your financial journey, except you can actually listen to their advice without fear of getting lost in a roundabout!
      In conclusion, individual investment strategies should be tailored to fit personal circumstances. Gaining diverse knowledge and insights can empower individuals to make informed decisions.
      Recognizing both the potential risks and benefits of various investment avenues will cultivate a balanced and prudent approach to financial planning.

    • @goldsilvernews8929
      @goldsilvernews8929 3 месяца назад +1

      @@captain_avi Thanks sir for your suggestions

  • @TrisanthDas
    @TrisanthDas 3 месяца назад +10

    this man is a gem we need a seperate podcast of just him giving financial advise to us. i want to join merchant navy and am in my 12th standard and i am so hyped up cus retiring with 20 crores at the age of 45 is no joke

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +2

      Study hard, work hard and then save hard. All the best!

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +3

      He's an All Star for sure!

    • @TrisanthDas
      @TrisanthDas 3 месяца назад

      @@KaranvirSinghNayyar thanks a lot, I'll do my best.

    • @MegaCaptsparrow
      @MegaCaptsparrow 3 месяца назад +1

      @@TrisanthDas You will need lot of hard work, consistency,patience and good luck .So .. start with one step at a time and Crores should not be your goal that will follow

    • @TrisanthDas
      @TrisanthDas 3 месяца назад

      @@MegaCaptsparrow thanks a lot, I'll do my best. doing pretty well in my academics as of now, gotta drop some pounds do get the bmi right for the upcoming medicals!

  • @arshadaziz03
    @arshadaziz03 2 месяца назад +2

    Very Insightful, Thanks to Capt. Avinash.
    Wish to see more podcasts on mutual funds investments, stocks, bonds, etc.
    Lemme make a point here.
    With no regular salaries throughout the year and all the mmd exams continued by post sea courses expenses etc etc. it’s near to impossible building 21 crore worth corpus.

  • @Adarsh-k7x
    @Adarsh-k7x 3 месяца назад +1

    One of the best podcast you have done, I'm preparing for sponsorship exams this podcast helped me a lot to think about my future in this field. I hope i can achieve every thing i dreamed of. Karan you are a gem 💎
    Best wishes for your future

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +1

      So glad to hear this
      Thank you for watching

    • @Adarsh-k7x
      @Adarsh-k7x 3 месяца назад

      @@KaranvirSinghNayyar thank you for replying sir, you inspired me to join merchant navy.Hope I can see you one day. You are a great person

  • @DheeFromTheSea
    @DheeFromTheSea 3 месяца назад +1

    Beautiful podcast Sir, financially literacy is very important for each and every person especially seafearers since we dont have access to things like EPF or PF's snd stuff...this was a beautifully curated video. And like Sir said, you are definitely shinning Karan Sir. Please keep these podcast series going. There's such wealth of information being unlocked for all of us new aspirants and seasoned mariners from all the guests you bring onboard.
    And wishing you all the best for your exam preparation Sir.

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад

      Thank you so much for tuning in
      Yes I’ll keep them coming

  • @MegaCaptsparrow
    @MegaCaptsparrow 3 месяца назад +2

    Hey Karan! You are just getting better and Better! Good one!
    For those who are reading this comment..Please read the 'Rich dad poor Dad' it will open your mind and give you a good start for your financial literacy

  • @aniketpalve9587
    @aniketpalve9587 3 месяца назад +1

    Very informative video mostly covered all yhe points and was helpful to me. Need more such financial oriented videos for a cadets and a roadmap would be helpful.

  • @aveshrajapkar3714
    @aveshrajapkar3714 2 месяца назад +1

    The main problem is that this Amount cannot be paid every month due to our profession. It would be difficult to pay the monthly amount due to exams and all. Thats a point which can create a problem in future.

  • @STUDYACCOUNT-iu2nf
    @STUDYACCOUNT-iu2nf 3 месяца назад +8

    This podcast was really worthfull and opened my mind.
    Absolutely Great !! Keep it up .
    KSN is really going to make history.....

  • @kallara10
    @kallara10 3 месяца назад +3

    Investing in gold and land is a safe way to keep your money safe. The higher the return, the higher the risk. The land cannot be created. Centralized currency is not something I believe in. My dad bought land for Rs 5 per cent 40 years ago, but now it's worth Rs 300000 per cent. Land cannot be created, but centralised currency can be printed as much as they want.

  • @aking6129
    @aking6129 2 месяца назад

    Great podcast sir, learnt a lot from this, thank you sir ❤❤

  • @BhargavEjjada
    @BhargavEjjada 3 месяца назад +1

    Eyes open, as of now I don't think about financial investment. Thank for given valuable information through your podcast sir ☺️...

  • @mohangovind9397
    @mohangovind9397 Месяц назад

    Awesome video

  • @AbhinavSurjanMarine
    @AbhinavSurjanMarine 3 месяца назад +1

    Just wanted to point that he’s considering investing every month but we’re not getting wages for full year so the investment should be half the amount for the full year!!

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +1

      We need to save accordingly
      I try to invest every month with that mentality

    • @AbhinavSurjanMarine
      @AbhinavSurjanMarine 3 месяца назад +1

      @@KaranvirSinghNayyar Yes investing should be done every month but like how sir said 1000 usd per month for a 3rd officer means 12k a year while his wages will be 3k for 6 months i.e. 18k a year he’ll be left with 6k a year for his full expenses and that is not practical that’s why I said the investment amount should be half for the full year like 6k a year in investment

  • @انارافضی-ل7ف
    @انارافضی-ل7ف 3 месяца назад +2

    Its good to have podcasts in english but i think in hindi experience could be better as guests can share there experience along with feeling

  • @anonymousdude4967
    @anonymousdude4967 2 месяца назад

    Apart from Emergency fund and company health insurance, Term Life Insurance and Health insurance is very crucial before starting investments.

  • @akshaymandkar7419
    @akshaymandkar7419 3 месяца назад +1

    One podcast with captain marcin 💯

  • @deannekwon6822
    @deannekwon6822 2 месяца назад

    Wonderful conversation.

  • @dhruvambekar
    @dhruvambekar 3 месяца назад +2

    accha video tha sir!! 43age=21CR mind-blowing

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +1

      Thank you ☺️

    • @SmitJain-p7f
      @SmitJain-p7f Месяц назад

      Bhai calculation galat hai jo merchant Navy mai job karta kuki pure 12 month ki salary nahi milta tho Jo sip ya investment karege per month vo paise kha se ayega ,sir has give flashy number 😂of 30 to 40 cr full bullshit😂

    • @dhruvambekar
      @dhruvambekar Месяц назад +1

      @@SmitJain-p7f bro ker sakte hai, video acche se dekho

  • @KILLERKNIGHT47_
    @KILLERKNIGHT47_ 3 месяца назад

    IF ANYONE WAS WONDERING, YES THIS PODCAST IS AVAILABLE ON Spotify BUT NOT THIS SPECIFIC EPISODE, SO IF KSN IF YOU SEE THIS, UPLOAD THIS EPISODE ON SPOTIFY PLEASE. ALSO WAITING FOR NEW Vlogs TOO(I KNOW THAT YOU MIGHT BE ON REST BUT DON'T STOP VLOGGING).

  • @Omnamahshivay8079
    @Omnamahshivay8079 2 месяца назад

    Crew wages are dependent on several factors,but the CBA between the owners and union ensure that bare minimum wages are met.
    There is more than wages which need to be addressed such as social benefits, connectivity repatriation and job security.
    As 2023 2024 have shown us that job security is not a given , even for those working in big MNC such as MANG.
    However, how does he expect cadets to save money , when most of the savings are spent in clearing exams when they come back. Courses aren't cheap , and examination bookings aren't either . Some cadet who has sailed even 18 months , on an average will yet take about a year to clear his / her examinations. And the real earning anyway begins when one is in the top 4 .

  • @George-qk6hg
    @George-qk6hg 3 месяца назад +4

    Non resident no taxes but as soon as nri status goes away highest slab is taxed at 30%. Inflation is about 6.5% annually so 1 crores would be worth only about 38 lakhs in ten years. So one should keep it simple and not think very big and very much ahead of times to come.

    • @kallara10
      @kallara10 3 месяца назад

      Investing in gold and land is a safe way to keep your money safe. The higher the return, the higher the risk. The land cannot be created. Centralized currency is not something I believe in.

    • @George-qk6hg
      @George-qk6hg 3 месяца назад

      @@kallara10 has to be diversified but must watch out for encroachment on empty lands and sudden selling of any real estate if one is in cash crunch has low return

    • @kallara10
      @kallara10 3 месяца назад

      That's right, diversification is key

  • @arpittak4116
    @arpittak4116 3 месяца назад +3

    Bhaiya pls bring back the vlog series

  • @AbhiAbhi-bk1tl
    @AbhiAbhi-bk1tl 3 месяца назад +1

    Good financial msg sir thank you

  • @vishnuprasad3127
    @vishnuprasad3127 2 месяца назад

    but in the salery calculation capt don't mention about after sign off no more capital for investing for eg long waiting period, courses , exams everything is expensive now we can only calculate on the bases of working time on board

  • @ujjwalprakash7821
    @ujjwalprakash7821 3 месяца назад +1

    Sir per month thing do not work for seaferers... It's only 6-8 months/year of investing

  • @Alpesh-xp9tn
    @Alpesh-xp9tn 3 месяца назад

    You should bring some newbies I want to listen to their perspective. A third or second officer?

  • @Sailorkaushik
    @Sailorkaushik 3 месяца назад +1

    Bro it was wonderful watching this podcast keep going❤

  • @firegamer43213
    @firegamer43213 3 месяца назад +1

    When will you join next ship for season no. 5

  • @rajyavardhansingh4508
    @rajyavardhansingh4508 3 месяца назад

    Great one again sir , thank you for bringing such valuable information 🙏🏻....btw sir can you please share some information about the BTECH in nautical technology course from TMI which is in tie up with Bits Pilani which you had pursued.....

  • @tstcikhthys
    @tstcikhthys 17 дней назад

    Interesting to see a seafaring-related Indian podcaster; that's quite rare. But BTW, I don't know why this mistake is so prevalent, but you never pluralize count words when they're modified. In the same way one never reads 200 and 2000 as "two hundreds" and "two thousands", you never say "x lakhs" and "x crores"; it's always _lakh_ and _crore._

  • @danishwalele4541
    @danishwalele4541 3 месяца назад

    Whhy all captains and not Chief engineers asking because will get some knowledge about engine room machineries too. And the changes about machineries with time.

  • @adarshyadav1592
    @adarshyadav1592 3 месяца назад

    Hii sir, I have a question for you can you find answer in your group that in india a student can get a sponsorship from cruise shipping as a deck cadet after completing their DNS course

  • @STUDYACCOUNT-iu2nf
    @STUDYACCOUNT-iu2nf 3 месяца назад

    little bit of editing mistakes are there. and background is disturbing sometimes !!

  • @Royalgurjarrrrr99
    @Royalgurjarrrrr99 3 месяца назад +1

    Brother why did u leave this profession
    Pls answer 🙏🏻❤

  • @indoor_cric
    @indoor_cric 3 месяца назад

    How to save money whole year in merchant navy... Because they get paid only when they are sailing

  • @SmitJain-p7f
    @SmitJain-p7f Месяц назад

    As sir is saying 3000$ or 1500$ per month investing but there is thing called contract which is approx 4 to 6 months so what about another 6 months where will that money come from ??? Plz reply 😊

    • @staymotivated2676
      @staymotivated2676 Месяц назад

      Bro there are saying all by cutting all the expenses

    • @SmitJain-p7f
      @SmitJain-p7f Месяц назад

      @staymotivated2676 ooookkkkkaayyy thanks

  • @Ayaan.Shaikh72146
    @Ayaan.Shaikh72146 3 месяца назад

    I dont understand the calulations of how he grew upto to 20cr. pls someone help me, pls pls

  • @AryanTiwari-m3d
    @AryanTiwari-m3d 3 месяца назад +1

    Sir can i join merchant navy with PCMB in 12th
    Please reply sir
    I commented many times

  • @Mrsingh-wb9yy
    @Mrsingh-wb9yy 3 месяца назад

    SIR I AM SELCTED IN MERCHANT NAVY AS A SEAMAN . SO SHOULD I JOIN OR NOT BECAUSE THEY ARE JOINING DIRECTELY ON SHIP AFTER BASIC TRAINING AND ARE ASKING 2 LAKH RUPEES

  • @FarhanKhosoFarhanKhoso-r6f
    @FarhanKhosoFarhanKhoso-r6f 3 месяца назад

    Sir which year do you join your first ship

  • @sumikun851
    @sumikun851 3 месяца назад

    Can I Join Merchant Navy If I Have Thyroid ?

  • @Xgamers-s1g
    @Xgamers-s1g 3 месяца назад

    How to join merchant Navy

  • @Rajiv.from.semra1
    @Rajiv.from.semra1 3 месяца назад

    He didn't mention where to invest

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад

      Where to invest is a personal goal
      So, he just gave guidance and figures to make us understand the value of time and investment

    • @George-qk6hg
      @George-qk6hg 3 месяца назад +1

      There isn't any exact portfolio of where to invest for maximum success. Things change and diversification is essential so if one investment doesn't give good returns the other may give good returns.

    • @captain_avi
      @captain_avi 3 месяца назад +1

      You will need to seek the advise of a SEBI registered financial advisor for where to invest but make sure you give him/her your goals at different stages and then they will come out with an investment plan for you. Mutual funds - look into it. Index funds - look into it. However please remember that all subject to Market Risk.

  • @SS_CarWallah
    @SS_CarWallah 3 месяца назад

    SGB is not for NRE.

  • @MuneesWaran-m5c
    @MuneesWaran-m5c 3 месяца назад

    Hi sir, I am happy to message you, Sir I am looking marine higher studies would like to study foreign country which course is better Sir
    Like maritime management,Shipping and logistics,Surveyor and chartering

  • @YogeshBhadauriya212
    @YogeshBhadauriya212 3 месяца назад

    Bich ka part do baar aagya 25years wala Jo 30 tak retirement chahiye

  • @NikhilNetani
    @NikhilNetani 3 месяца назад

    Ksn why are u not getting sponsors or paid partnership , i mean you are putting efforts but still in some return how r u managing to pay for the production of podcasts ? Try to get sponsors sir 😢😢

  • @sharadsingh8888
    @sharadsingh8888 3 месяца назад

    Brother How Many Control Tubes are there in a 2 BLADE, 3 BLADE OR 4 BLADE HELICOPTER
    With the Reference of This Video
    ruclips.net/video/x9gitIfHDFc/видео.htmlsi=4QjwL8wwmO9vWxCq
    PLEASE ANSWER MY QUESTION
    THANKS

  • @Captain_Tiger
    @Captain_Tiger 3 месяца назад

    Captain Avinash did a good job in financial advise but he failed to advise to all merchant navy officers to invest in Bitcoin / Bitcoin ETF ( incase investing in BTC is not legal in India) -Bitcoin is a finite asset. If they increase the money supply, they drop interest rates and people around the world realise they need a store of value, they’re gonna buy Bitcoin.

    • @KaranvirSinghNayyar
      @KaranvirSinghNayyar  3 месяца назад +1

      Well bitcoin is tough subject expertise
      Therefore we did not speak about it

  • @ananthvishwanath7741
    @ananthvishwanath7741 3 месяца назад +1

    KSN ship vlogs✅
    KSN show❌

  • @faticharchand
    @faticharchand 3 месяца назад

    Ha bna liye honge pr Fraud karke jisko yeh log merchant Navy ka dhanda kehte hai akir dalali bhi koi cheez hoti hai kyo bhai .

  • @loidac77
    @loidac77 Месяц назад

    Where is he putting his money?

  • @tanishqsharma9530
    @tanishqsharma9530 3 месяца назад

    Bro what this guy is talking about?
    You have been thrown to the sea and you have been brought back by the waves
    KSN bro
    Never expected this kind of fake content from you bro
    You are a Tolani passout
    Never ever expected a fake content from this you

  • @RoushankrsinghSingh
    @RoushankrsinghSingh 3 месяца назад

    Bro l liked your podcasts but at the same time missing those old videos🥲

  • @MDRaza001
    @MDRaza001 3 месяца назад

    sir please sujjest me the company names for GME sponserhip with least waiting period please sir

  • @danishwalele4541
    @danishwalele4541 3 месяца назад

    Whhy all captains and not Chief engineers asking because will get some knowledge about engine room machineries too. And the changes about machineries with time.