How to make YOUR FIRST 1CR (in 2024) | Sharing Practical Experiences | Akshat Shrivastava
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- Опубликовано: 27 май 2024
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Want to make Rs. 1,00,00,000 in 2024?
Let it e your year as you hear up to become a crorepati via these PRACTICAL TIPS.
Watch this video till the end to know them all:)
P.S: NOT AN INVESTMENT ADVICE. Please do your own due diligence.
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Take some time to reach. May be our parents has taken 45-50 plus years and still they were earning less than 5 lacs per year as well. But in our lifestyle we started earning 1-2 lacs per month very early and hence we keep running behind money and keep changing companies in order to meet the financial goals. But we forget the goal that we have a long life to live. May be till 35-40 if we make 1 CR then between 1 to 2 CR can be targeted for 45-48 years. And similarly 3-5 CR by 50-55 years. Then probably you will be able to live with some peace.
it is showing 199 per month
Hi Akshat,
There's some issue while joining the member community. I made the payment, debited from my side but when it bounced back to RUclips, it gave an error.
Kindly help with the same. Thanks!
@AkshatZayan Hindi mein
I also faced the same issue after the payment. It got debited but showing error on youtube.
At 25 years of age and just having completed my Master's, i have around rupees 200 in my account. Really hope I'll make progress in 2024.😊
if you are earning already, start with 500 Rs sip in mf or stocks
masters in what ??
You can see how to make 1 crore in this channel in every 6 month
Funny thing is easiest way to make 1 crore is to make video on how to make 1 crore 🤪🤪🤪🤪
Fact😂
Fax📠
😂😂
Fact bro
Yes..thats kind of stream of income
I think best route for the average person is become skilled in a growing industry while keeping your expenses low and investing your money. Once corpus of invested money is high use it to start a business in the same industry you have skills in. Grow that business, continue investing and diversify more and more.
I've managed to build a corpus worth 24 lakhs (I just turned 25) through my software engineering job. Watching Akshat's videos and starting to invest has probably been the best financial decision for me.
Super insightful content, I've got to learn so much more.
Farfetched but hoping to reach 1cr soon.
Congrats, it will compound and perhaps in 4-5yr you would be able to reach 1cr.
Not at all far fetched, I planned on doubling my money by trading, and it is based on a serious strategy not speculative
With world markets tumbling, inflation soaring, the Fed imposing large interest rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.
I don't fully agree with you... With the right steps & predictions, one can make so much profit from the market in a day, do your own research.... Believe me or not as an inexperienced person who knows next to nothing, my net-profit is well over +45% just in a couple of months... I'm retired and I am using this extra funds to help pay for odds and ends that I want.
Hi Mike, your profit margin is quite inspiring and stunning for a starter; do you make use of spreadsheet, what is your biggest holding
@ Kentucky....Spreadsheets have always seemed incredibly time-consuming, stressful, and of no relevance to me. I mirror Kelly Marie Matwick's positions in real-time and I prefer it because it's very very transparent and everything is automated I don't have to be actively involved...You can give it a try.
Akshat is spot on Family problems, PPP savings comparison and India taxation. Felt like read my mind.
Purchase Power Parity is valid only when you are planning to settle abroad. If you are thinking to return to India after few years, then working abroad is always a better option.
This is undobteldy the best video on the planning 2024. Most of the videos focus only on investing but this video shares a holistic picture of the life, like taking care of health, upskilling in job, etc.
Medanta was established by dr trehan, he did not purcahse in ipo or on stock exchange l. It is his full life hard work
I can watch this man whole day,so much to learn from him.
I wasn't financial free until my 30’s and I’m still in my 30’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor ?
I have traded with many individual but I have never met anyone as good as Mark Stuart Jordan just by applying his strategies I now trade independently . he's the best I will advise any investment newbie to trade with him very accurate
How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
How am I sure he can help me recover all that I have lost while trading with unprofessional traders 🥲cos right now I'm not comfortable anymore with my investments
I discovered Mark Stuart Jordan as my consultant through a BBC interview where he was featured. I reached out to him afterward, and he has been providing me with entry and exit points on the securities I focus on.
Thanks for this tip. I just Googled his name Mark Stuart Jordan and his website came up right away. It looks interesting so far. I'm going to book a call with him and let you know how it goes.Thanks
Video starts from 4:31 😅
Thanks bhai
😂❤❤❤
😂
Every time Akshat says to buy term insurance, I go and buy some more stocks of insurance companies 😂😂😂
Meanwhile me holding them from very start🗿😂
Same
Which insurance stocks ur are buying?
That is the wrong way of doing 😂
@@balam9662 hdfclife n sbilife insurance.. Sitting on 25% profit each🙂
Good to see such videos. These are some of the critical teachings from Naval Ravikant and it is good to see that people like you are highlighting these takeaways to help us. I have read this thesis in the book titled: "The almanack of Naval Ravikant"
I see Naval Ravikant written all over this video ! Keep up the good work.
I am living in Germany and I invest since 50 years. I have seen your Videos und appreciate your Stockmarket/Inesting Knowledge, in the real sense. It ist much similiar to my Interests. Thanks for scharing.
Well said.... It's not demotivational.... You are from old school of thoughts... Focussing on investment over other modes of earning....
What are other modes of earning?
I have managed to reach 72 lakhs at 32. However due to intense anxiety I am struggling to maintain composure at my job. With my current salary, it will take 2 more years of savings to reach 1 crore (unless stocks I am invested in give me extraordinary returns in a short duration). With my current state of mind, I don't know if I will be able to make it timely.
You won't
Same here. I have made 1+ Cr at 33 but stress has taken its toll on my physical and mental health. Problem with money is that the greed and want never stops. I don't see any end to this until I have a heart attack and have a solid excuse to stop.
I promise
Almost on same path
What is your job bro?
one reason why i follow you is coz you diversify investments and also encourage to upskill oneself.
Wealth without health is of no use. Example Rakesh Jhunjhunwala.. The primary goal should be enjoy and spend wealth with good health and freedom.
Saving and investing journey make sense but not on the cost of health.
Im able to invest more aggressively now, after stabilising my work life balance.
He actually lived more than 60. Most Indians are now not earning well and dieing in their 40-50s.
Tell me you are a Creta owner with out saying you are a Creta owner
OP -
@@Dattebayo3089 how not earning will lead to early death. You mean frustrated, dipressed, or bad food habits and other sort of reasons.
Rakesh died in 60's but struggling with his health condition since he was 40
Hey akshat,
Please make more videos like this. I'm soo damm thankful that i found your channel..! Keep it up 💫
Great efforts Akshat bcz people are paying for this type of knowledge but your contribution serving this corner would be a great help for many...keep rolling
100% value driven vid..👏🏻
Thanks Guru. Always informative & inspiring content.
Akshat nice video. But just a thought I believe you should know. It's not only in India. Here in Canada for close to $1,60,000 ( 1 Crore INR) one ends up paying close to 50 % tax. So please it's not India's tax system which is brutal. The tax system of North America is even more harsh and brutal
😵🤯
also 1Cr is not much in North America due to PPP. 1M$ on the other hand is decent
Totally agree!!!
Bro generally how much Indian people earn in Canada? Any rough figure you can say?
Come to India ! I left Canada for this reason exactly
I'm really grateful to find you out in this platform, well I'm an introvert but I can say that you added too much values in my life. Got to what are finance, financial psychology and many more well keep it up. BTW I'm an Business Strategy Associate, do let me know if I can add some values in your content.
Appreciate your sincere effort & honesty in helping you grow wealth & the investor community grow it as well!
very insightful Akshat. Practical and on point, nothing to fantastise.
Brilliant video. Thank you very much!
Thanks for the video 😊
I turned 20 and i have a portfolio of 5 lakhs including 26% profit. My target is to earn more after my college ends and invest more and make wealth for my future .
Wrong calculation 39% Tax including surcharge of 20% and cess od 4 % of the tax amount for 1 cr and above means 1.6 cr package is required for 1 cr post tax
Good explanation video.. thank you sir 😊🎉
Thank You Akshatji
As always sensible advise and wise analysis.. Akshat keep doing good job..
Bhai big fan not because of content its really good no doubt but the fact that you
are so open and loyal no faking highly impressed bro ,
Absolutely true the salaried employees are penalized by heavy taxation...
Excellent Video.
Thanks a Lot.
A very valuable video, particularly for the youth .
Thanks for content ❤
How to make 1 CR in 2024?
Step 1: Have 8.5 CR in savings!
Jokes aside, good informative video 😀
golden piece of advice
U r the best 🎉🎉🎉🎉🎉. All ur videos are for society's good.
Great insights brother 😍.
It would be great if you can make a video on investing strategies based on macroeconomic factors, detailing about each factor. Thanks in advance.
have anyone noticed when he said like video "like button" actually glows up.
You know what I got the thought of such a needed video from you in the morning, and there you go, You Rocks😎
Akshat, the thing is, when market is falling we want to invest more, but we don't have cash printing machines. So we can do only 1 thing. Invest what we have.
Great experiential strategy narrative for making 1 cr through business, investing and job. Thanks akshat
I would suggest ditto insurance and not policybazaar. Policybazaar is not accountable for anything and sell you and vanish
Jab ditto sponsor karega toh ditto, nahi toh policybazar....akshat will only advertise those who pay.
@@milindpariwakam4199 interestingly he did promote ditto in one of his earlier videos. 😄
Life is not a race, it’s a marathon, you do things and enjoy the ride, you don’t tire out yourself to an unexpected end. There is no guarantee you will live long, so enjoy while you make it big, it will be slow but it will be worth it
Holistic approach bhai…thank you ❤❤
"Lack of money" is the problem that I am facing!!@!😂😅😢🎉😮
You are right Akshat
I made 78lakhs in canada and I was able to send india around 20 lakhs.
PPP doesn't make any sense for me
Very useful Akshat Bhai 🙂
Also Akshat making another video shortly, One crore corpus is nothing in today's world 😂😂
It is , when it grows and Ia not used in credit card payments
1cr is fine if it's invested and growing. Problem is that people who make it that far, grow their lifestyle together with it.
@@memesofproduction3 Amazon sale events to blame and the Facebook posts as well
Get well soon!
FAANG companies are paying 20-30 LPA to freshers software engineers and their take home salary is more than 1.3 lakhs monthly after tax. Software engineers with 4-5 years of experience are getting 35-50 LPA currently. You also need to consider software engineering and tech company salaries other than only MBA grads from companies like BCG, Bain, etc
1cr is just a number
But everybody must have target amount
Bulid the System..,,& Chase it
Generally tech jobs ( including all jobs in STEM domain) requires significant time for upskilling ex: Learning a new framework/tehnology or doing some advanced math is not same as learning marketing skills or other soft skills. But if you consider return to effort ratio, I think soft skills have more return to effort ratio than core skills. So if one want to be rich, should one jump the boat?
I always think all technical people build source of income for management/business people to be richer.. yes there is risk tradeoff.
Very informative and motivational video 🎉
amazing content for free.... thanks a tonn..
Thanks!
Just one thing.. Inflation gets pegged on Consumption only.. If I am not consuming, inflation does not apply to to that money. This is critical in my opinion..
Akshat master ji is back with his board
great watch, thank you sir
superb bro. Really useful.
Hey akashat, my critical problem is family issues, that's not helping me to take a decision. My father want me to join the family business, even I'm open for the thing but the conflict that I face every day at home is not helping me to take that step.
An eye opener video !
Dear Askhat,
I love ❤ your content on finance and stocks. I am a subscriber to your channel, i have also followed you on X.
This is an amazing insight for the youngsters who have started their career and don't know how to grow in their job and passive incomes.
I suggest you to use dark colour and thick markers on you white board pls.😊
man u are a great father
ur advice saves life
Investing in the financial markets might sound like one of the scariest parts of managing your finances, but it’s also potentially the most rewarding. While major declines in the market can be frightening, investing is one of the few ways to outpace inflation and grow your purchasing power over time. A savings account just won’t build wealth.
"Living proof that success isn't just about the numbers on the paycheck! 💼 Despite both my wife and I earning more a lot more, this guy's entrepreneurial spirit and startup hustle have taken him to a whole new level. Turns out, it's not just about the zeros in the salary; it's about the zeros in the vision. 💡 Here's to reaching that 1 cr milestone, and a nod to the real power players in the game - the startup dreamers! 🚀✨
@@AkshatZayn..Tapimage
"Fantastic! I ll join! 🎉 With my wife as both Goddess Lakshmi and Kubera, I've got the ultimate financial power couple. 💸you Just make sure she doesn't turn my wallet into Mount Kailash! 😂💰 #FinancialDeities #PowerCoupleGoals"
@@shashvitha. acha ji ye bi thik hai
Before promoting a company/ policy kindly make sure to speak on negative points also, request all members to take responsibility for his own fortune, not to believe completely anyone ANYONE
Thank you Akshat
Hi @akshatZayn, I am 39 years age & have accumulated ~3.6Cr across assets.
I plan to retire by 50 with a corpus of ₹5.5/ 6 Cr and move back to my hometown in Kerala.
Current corpus consists of
Fixed Deposit: ₹1.6 Cr
Mutual funds: ₹90 Lacs
Microsoft stocks : ₹1.0 Cr
Saving & emergency: ₹10 Lacs
I also own 2 houses in Delhi, and plan to sell it while shifting, i plan to use this sale money to buy a home in Kerala.
pls suggest if ₹6Cr corpus is possible for me in next 10 years & would this corpus be sufficient for retirement at 50?
Loved the video ❤
He is like an elder brother to me. Thanks for all info Akshat. I am currently at 1 cr at 31 years of age. Hopefully I am planning to beat you by 2030
Wow
Crazy man ❤
Hi Akshat - for me problems / limitations are 1. My kid is small so need to spend time with him, 2. I have a huge debt, so currently spending 60% of my salary.
So akshay in your experience what format of an organisation (proprietary, LLP, Pvt Ltd etc) is better for doing something like what you do - teaching, community and then investing on the other side etc
Hi Akshat, Could you able to do a video on upcoming IPOs which one to invest?
During pandemic I lost job
Currently I hav 18 lakh portfolio with 28 stocks
I am leaning many financial related things from your video
Thank You 😊
Learn crypto too
@@chengli1572 Sure..!!
I'm sure he has made the most money from social media and brand collaborations.
Hi Akshat, Big Fan and appreciate your work. I work outside India and due to complications in Taxing i prefer not to invest in Indian Market. I mainly invest in US market. I understand you too invest in US. It would be great if you can share more info on US Stocks, I am happy join your community as well, do you discuss about US stocks there?
Anyone who is facing anxiety listen this ,get compltete riddance of it by following the below steps
1)Practice sudharshan kriya ..join it from Art of living..this will complete relax and rejuvenate yiur mind as it oxygenates your entire body and you will have zero stress.
2)practice long walk and slowly weight lifting
3)Get socilalized more and talk to friends and people
4) count your water intake ,proper diet and sleep (sudharshan kriya will make you sleep like a baby)
Hii akahat loved the content and mindset you have ❤ please make a video on how you well manage and plan all the investments and be motivated in tough time.
First I would like to say - how extremely useful I find all of your content and had helped in building my understanding on Investments, Stock market etc.
My critical Problem - is currently to build a second source of Income.
My current primary source is the private banking job.
I can have a couple of hours in a day or over the weekend - I'm looking to build on my income source, any advise or where to begin..
Much appreciated!
Thanks 🎉🎉
Well explained 👍
I am 33 yr old, working.
My entire portfolio is of 11 lakh.
Opportunity Funds of 25k.
And after that I have 1.5 lakh emergency savings.
How am I doing ? How much did you save by 33 ?
Take monthly interest from the bank and put that interest in a mutual fund ,you will do well . Keep a flexi cap , hdfc defence or a mid cap for that monthly interest to invest in ,you will do better
Sir is it better to invest in bond funds than direct individual bonds
What is primary trading account? I heard an individual can open it and if he intends to buy shares of a company reaching upper circuit, can do it instantly during the market hours. Generally ordinary trading account holders cannot buy shares hitting upper circuit, which generallty shows higher movement in the next day also. Can you give me an idea of primary trading account?
Managed to save 10L at the age of 21 hopefully by 25 will touch the 1cr mark 🤞
Dear Akshat,
how to develop your own investing system? can you really help me to understand it.
HELP : first heard, then saw, makes sense, impressed...WILL YOU HELP ? HOW TO CONNECT PERSONALLY
DROP YOUR THOUGHTS :
I'm 23M ,My family have accumulated a p2p debt of 60L
is it good to take a property loan and repay this P2P debt first and then pay EMI for this new property loan
OR
is it better to sell off some property and repay the P2P loan completely ?
Which path would be better !
Akshat Bhai Really you are inspiration to millions , Can you plz tell me personally how I can manage my salary ?