Yes using FD Stock and Mutual Fund combination effectively so that stability in income and Wealth building and inflation risk is taken care of.❤❤ This video while watching I felt very happy that I have not avoided any of these. Also in Land assets and Gold to certain extent
@@santhoshsomu6711 Yes. Already done that. Now Focusing on Stock portfolio . I have set it as a process. No need to have any tension if we diversify based on our need.
It's a good topic. I try to run my monthly expenses from fixed rental incomes and FD interests. Then rest invested in Multi Assets funds, Value funds and Opportunity funds and real estates. It all depends on where you are in life, what are your future needs. Always have a health insurance and a term insurance plan.
Stock market has never been this volatile. Post corona, even stable stocks have lost 70 % of value in a given year and tripled back the next. This is not for the elderly and faint hearted. Stress hormone cortisol is the culprit of most cardiac arrests. I wish senior citizens sleep well with fixed income assets. 8 % fixed interest for a 10 year period should be grabbed with both hands. Please do not be greedy
Sir I think for point no 10 you forget about power of compounding of bank FDs. Nre Fd with 8% return actually gives 11% annual returns for ten year period. It will definitely beat inflation.
I feel investment in Guaranteed Returns plans is only exception where returns is not immediate and is likely to beat inflation, assuming Indian economy continues to grow at the current pace which wud bring the overall interests rates and inflation down
A ₹100 invested in Fixed income that earns 7% over years will have the same purchasing power when adjusted to inflation. Other than zero volatility, no great use. That's my view
Good video i have good exposure in FD as well as stocks and MF but in emergency i sometimes do partial withdrawal from FD also immediately tranfer in my account
What about SWP from Mutual Fund Schemes? I generate monthly income from rentals, FDs, SWPs. A sure shot monthly income which comes to my pocket by the 7th of every month. Rent: 50K, FD: 15K, SWP: 50K. Total 115K. I do nothing at all. I sleep well.
SWP 50k means, Did you invest 1cr in mutual funds ? How much percentage do you withdraw every month? How long have you been in SWP? What is your experience in 2020 corona time?
Santosh: My current mutual fund corpus is 1.50CR. I draw 4%. I draw via SWP from time to time. As I need. I wish to increase my corpus to 2 CR. Reason is agricultural inflow. I am also a farmer besides being an IIT graduate and God gave me good fortune and income because of past NRI status. My regular SWP shall start from 1st Jan 2025. Lost 18 lacs during 2020 corona because of my fault. Fearful selling. Jai shree ram.
@@sukumarroychowdhury4122 Thank you for your reply. 1.5 cr in mutual funds menas it is not a small amount. How many mutual-funds did you invested? Index funds or active funds? By using which platform or app are you investing? Did you invested lumsum or SIP?
@@sukumarroychowdhury4122 Thank you for your reply. How many mutual fund do you have in your portfolio? Index funds or active funds? Which platform are you using to invest or hold these? Did you invested lumsum or sip?
Good strategy. SWP at 4 percent is good to protect and grow corpus, provided parked in hybrid funds. A small advice: continue equity in small proportion if possible to overcome inflation in future.
As a Canadian Passport holder with OCI I hv been invsting in India through NRO Account which is 30% taxable. NRE account is not only tax free, its 100% repatriable, besides the fact that you can invest not only in fd but even mf investment from NRE is not taxable....
I have only fixed income investments.... FD, PF contributions. Only other investment is in house I live in and some land. That works for me. Taxation is not that big of an issue on FD or PF. And I don't think incometax is really for retired, by very definition, salary doesn't come to retirees. Again by very definition, salaried person can't possibly have huge FD whose interest is so much that will cause 30 percent tax. If a retired person is paying 30 percent income tax, he can't complain 😂 he is anyway living and earning like well paid salaried employee.
NRE FD is totally tax-free for those who are in gulf countries. Now banks are giving around 8% interest for NRE FDs. Don't miss it.
Yes using FD Stock and Mutual Fund combination effectively so that stability in income and Wealth building and inflation risk is taken care of.❤❤ This video while watching I felt very happy that I have not avoided any of these. Also in Land assets and Gold to certain extent
Did you create a second income with those?
@@santhoshsomu6711
Yes. Already done that. Now Focusing on Stock portfolio . I have set it as a process. No need to have any tension if we diversify based on our need.
YOUR VIDEO IS VERY HELPFUL FOR RETIRE PERSON.
Good topic covered. One must have a certain percentage in their portfolio
It's a good topic. I try to run my monthly expenses from fixed rental incomes and FD interests. Then rest invested in Multi Assets funds, Value funds and Opportunity funds and real estates. It all depends on where you are in life, what are your future needs. Always have a health insurance and a term insurance plan.
Yes. I have invested some fixed income units. It's very necessary for retired people. Hope it's enough for our needs😊
Great video. I advocated fixed income in my book. This video further ratifies my approach.
Please provide the details of the book
@@vijaygopal210 girl be on fire is the name of book
@@michaeldsilva thankyou sir
Stock market has never been this volatile. Post corona, even stable stocks have lost 70 % of value in a given year and tripled back the next. This is not for the elderly and faint hearted. Stress hormone cortisol is the culprit of most cardiac arrests. I wish senior citizens sleep well with fixed income assets. 8 % fixed interest for a 10 year period should be grabbed with both hands. Please do not be greedy
The biggest drawback of the FD is taxation. If you are in high income bracket, as much as 30% will go as tax.
Good informative video🎉
Sir I think for point no 10 you forget about power of compounding of bank FDs. Nre Fd with 8% return actually gives 11% annual returns for ten year period. It will definitely beat inflation.
It is not one day or one year situation..
I feel investment in Guaranteed Returns plans is only exception where returns is not immediate and is likely to beat inflation, assuming Indian economy continues to grow at the current pace which wud bring the overall interests rates and inflation down
A ₹100 invested in Fixed income that earns 7% over years will have the same purchasing power when adjusted to inflation. Other than zero volatility, no great use. That's my view
In India NRE FD is tax-free but is it also not taxable in the western countries?
Good video i have good exposure in FD as well as stocks and MF but in emergency i sometimes do partial withdrawal from FD also immediately tranfer in my account
I understand why you spelled sticks instead of stocks.
@@greenthumbs9129 It was stocks spelling error due to writing message fast lol
@@greenthumbs9129 True
Very nice information sir
What about SWP from Mutual Fund Schemes? I generate monthly income from rentals, FDs, SWPs. A sure shot monthly income which comes to my pocket by the 7th of every month.
Rent: 50K,
FD: 15K,
SWP: 50K.
Total 115K.
I do nothing at all. I sleep well.
SWP 50k means, Did you invest 1cr in mutual funds ?
How much percentage do you withdraw every month?
How long have you been in SWP?
What is your experience in 2020 corona time?
Santosh: My current mutual fund corpus is 1.50CR. I draw 4%. I draw via SWP from time to time. As I need.
I wish to increase my corpus to 2 CR. Reason is agricultural inflow. I am also a farmer besides being an IIT graduate and God gave me good fortune and income because of past NRI status.
My regular SWP shall start from 1st Jan 2025.
Lost 18 lacs during 2020 corona because of my fault. Fearful selling.
Jai shree ram.
@@sukumarroychowdhury4122 Thank you for your reply.
1.5 cr in mutual funds menas it is not a small amount.
How many mutual-funds did you invested?
Index funds or active funds?
By using which platform or app are you investing?
Did you invested lumsum or SIP?
@@sukumarroychowdhury4122
Thank you for your reply.
How many mutual fund do you have in your portfolio?
Index funds or active funds?
Which platform are you using to invest or hold these?
Did you invested lumsum or sip?
Good strategy. SWP at 4 percent is good to protect and grow corpus, provided parked in hybrid funds. A small advice: continue equity in small proportion if possible to overcome inflation in future.
Good One 🎉
Can you talk about RBI Retail to buy Bonds and T Bills for NRIs
Is Deutsche bank India a safe bank for FDS?
Sir PMVVY scheme is already closed.
Good
advice on consultation charges and location
As a Canadian Passport holder with OCI I hv been invsting in India through NRO Account which is 30% taxable.
NRE account is not only tax free, its 100% repatriable, besides the fact that you can invest not only in fd but even mf investment from NRE is not taxable....
MF investments are taxable even if you invest from NRE account
Interest income from NRO account is taxed at applicable tax rates and not st flat 30%
@NRIMoneyClinic I have been taxed at 30%, TDS, my ca said when i file income tax, then i can claim and will get back
I have only fixed income investments.... FD, PF contributions. Only other investment is in house I live in and some land. That works for me.
Taxation is not that big of an issue on FD or PF.
And I don't think incometax is really for retired, by very definition, salary doesn't come to retirees. Again by very definition, salaried person can't possibly have huge FD whose interest is so much that will cause 30 percent tax.
If a retired person is paying 30 percent income tax, he can't complain 😂 he is anyway living and earning like well paid salaried employee.
How about Golt Funds ?
Hi Anyone used NRI Money services?
What is your experience?
What are the prices for service?
Are the services for retail investors or big investors?
*No everyone here just want FREE advice only* 🙂👍
Why can’t we use lic to get regular income
You may under professional guidance
How about GILT mutual Funds ?
You can use but with caution and under professional guidance
Can Debt MF be considered as safe Fixed investments?
It needs professional guidance, not as safe as FDs if you do not know the intricacies
Fixed income should be at least 50 pc of your networth
Postal Investment..is a sheer waste. This is my experience
Details?
What is fixed income
Explained in the video
Query Without going through the video 😂
It is income that is fixed 😂