If you enjoyed the video, do consider subscribing :) Also, here is the video on: How to take loans properly: ruclips.net/video/6J_yEXN2fOY/видео.html ►Subscribe to my newsletter: wisdomhatch.com/newsletter/ _______________________________________________________ ►My new stock market course starts in October 2022 [SEATS FILLING FAST]: wisdomhatch.com/finance/ _______________________________________________________ ►With India's medical inflation rate at a whopping 14%, having comprehensive health & life insurance is critical. You can talk to Ditto's insurance experts for free- bit.ly/3MDKeYM #dittoinsurance
Hello Sir, yes it is just like people who are extremely thin and others who are bigger, after eating same quantity of food. Money must do workout sir or else it will rust Obviously like humans many young generation who just graduated from University are jobless in India and became loafers So they will NEVER EVER have interest to do job in future also I have given this example for understanding purpose (NOTE - "Kindly this is for educational purposes", Not to insult anyone) People have only one work to criticize someone all the time Sorry but people kindly understand and grow up plz 🙏 Thanks Akshat sir
Can you pls ask your editor to do a spell check of all the highlights that are shown on screen….I believe your videos might be consumed by audiences World over and incorrect spellings look like an eye sore…hope you take my suggestion in the right spirit
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@@IrenaDolinsek I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless...
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year..
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)
One of the worst scenario is ....even the highly graduates of our country is lacking this type of basic financial knowledge about money and investment..kudos to you for simplifying the overcomplexed subject into simple understandable words ...
@@007_Sun_Tzu i have seen my friends and family members who have done double degree like mba and staying away from markets and having poor financial knowledge ...hope you get it!
@@pavankumarsa2006 so you think degrees determine how smart someone is ? 😂.You give money ,you get degrees as much as you want.Learning and education is far from the education system of today's.
@@AmritenduRana31082000 brother i know you are smart enough to be a financial litrate ....I know in India you can pay as much as you want and can get degree .....but I'm not talking about those students..I'm talking about those students who have worked hard in studies and also now working in some good companies ..but still they lack basic knowledge of how to manage and grow money ....even the working employess who are into stock market is very less in India now ...I'm talking about these people . I have seen a large number of students from my class who are well placed but spending it senselessly and being not aware of stock market ....so hope you get it !
Most iit iim graduates are running the show without u even knowing. Now your roadside private college degree doesn’t really matter. Its rude and bitter but truth.
It is what it is! During this austere times, protecting one's capital is much more important than making money. Basically because if one loses one's capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over
You need to invest in order to protect your hard-earned funds from inflation. You need to invest now because your money is more valuable today than it will be in a year
@@Patriciacraig599 The time value of money means today $10,000 is worth more than it will be in the future. Investing in the stock market is the surest way of protecting your money from inflation and the best way to build wealth. The U.S stock market is the world's biggest wealth creator which always outperforms most economic realities in the long term.
@@wiebeplatt4749 You can't really know the full risk rate except you are a Pro. Reason I settled for advisory and guide from a stocks guru, “Susan Agnes Hancock”. Never been the same again with my holdings
@@instinctively_awesome8283 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this Susan a look up, lucky i stumbled on this thread.
1) Insurance 2) Having assets that are not intervened by the govt. Like Real estate and gold 3) Rate at which your money should grow 4) Not investing in FD when market falls 5) Money will lose their value 6) Not taking a loan 7) Not knowing the cash flow 8) Trusting govt schemes more 9) Not investing on one's own 10) Start a business 11) No LIC
He is not bankrupt. Please watch his interview. He deposited large chunk of his money to get fixed income monthly and with some part of it he had done risky investments which was drowned. Dont blame anyone just like that.
Many of his relatives were asking money on daily basic so he spread that rumour that he has gone bankrupt. He won 1 crore, he is smart. He is enjoying life !!
1:39 Calculation of Value of 1 Crore after 10/15/20 years 1/1.07 - 10/15/20 times respectively And multiply that figure with 1Crore. You will get the value mentioned in the video
Since I graduated from college, I've always wanted to be financially free and no like other people always whining about their financial situation and blaming everyone else but themselves .. so I took it upon myself to educate myself in this regard .. and I'm already index investing since 2020 till retirement.
One of the most eye opening finance videos for salaried class.. this should be part of everyone’s education..we all know why it isn’t..thanks for taking ur time Akshat.
Turning 1 Crore into 10 Lakhs -- this is what most of the salaried class investors are doing in the Stock Market ... telling from my 25 years experience ..
15:32 *You don't necessarily need to achieve Rs 20Lakhs turnover mark to get eligible for registration in GST, even at the turnover of Rs 20 you can take registration in GST. The 20Lakhs which you are saying is one of the threshold for mandatory registration in GST. These threshold are different for different states, union territory and threshold differs from business to business also. So don't advise anything if don't have full knowledge of the facts* And for your iPhone example 👇 *And taking benefits of ITC(Input Tax Credit) is legally only available for assets used in course or furtherance of business* *If this benefit is taken for personal purpose you will get into legal trouble, so don't throw gullible people into legal trouble*
These kind of financial education about economy and finance should be a mainstream media topic but unfortunately they're busy with debates on not so important matters. Thank you for making such wonderful videos and educating us.
@@alurdunbinbotros2730 sorry if I offended you but my point was media here in India not only show news but also conduct debate which ultimately doesn't bring about any solution.
If you are a salaried employee, you have PF add some VPF(8.5% return) in it + PF (1.5 lack) + NPS( 50k/ per year) if you fall in 30% slab and don't even count these just do it and forget it.. I don't know why such simple investment are not advocated, other than that great video.
@@JatinKumarPatro that's why I mentioned if you fall in 30% slap then you are actually putting 35k for a value of 50k .. instead of trying crazy ways to evade tax these are some simple legit way.
Appreciate your kind and open nature to put video editor name as well. Small action but this definitely encourages the person as well to give his best.
Hi akshat, your video quality/editing is far better than most of the other finance related youtubers, today's was outstanding...may the force be with you🎉👍💐
The wisest thing that should be on every wise individual's list is to invest in different stream of income that don't depend on the government to bring in money especially after the lesson of pandemic hitting
Ann Mcelroy use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits, she is a true expert when it comes to trading highly recommended.
Hey Akshat, This is the longest video i have ever seen in finance category, everytime i thought to skip the video, my mind told me there is something more i should watch. I must say your content is valuable and helpfull and you have amazing story telling skill. Thank you for this video
I am a salaried person and I have done this mistake, I purchase a lot of stocks in covid lockdown and then had to sell them in 5 months only as I was in need of money. But today if I see those stocks have grown by 50-100% and I regret my decision.
Hello Akshat ji, I think for insurance point you mentioned there one more to note.. yes we pay less monthly if we start the insurance at age 25 than age 35 - but do not forget we also save premium for 10 years (25% of total time) that we can invest and earn returns - Risk of getting illness or death at this age is also very low.. - And insurance companies are smarter than us.. - They charge less on younger age but high on older ages.. - Plus after the age of 55 to 65 it's less important to have life insurance as by then you might have already earned and secure your dependents financially. - After the age of 50 health insurance is more important...
This is actually a great point. A/c to the video, (iirc)annual premium of 12k was for a 25yr old and 19k was for a 35yr old. In 10years time, (30*19-12*10) < 12*40 (assuming you'll be paying the premium for total of 40yrs starting at the age of 25). So basically, you end up paying 30k more and losing (other) investments opportunities worth 120k in return of a health cover from the age of 25 to 35; in contrast to a person who starts health insurance only after 35. I liked you point!
But, I'd still consider a health insurance if my company doesn't provide one. Small health insurance cover of 300k worth is not a bad idea, who knows what live has in the store esp. With these fast changing times!
Building wealth is much harder than spending. One must spend time on investing money in many assets or mutual funds or at stock...who all are agree with me
Appreciate a lot for detailing out all the steps clearly to stop people like us from making these kinda financial mistakes...kudos and hatts off to the work you are doing!!
Hi @Akshat, I love the contents you post on financial which is significantly improving our financial knowledge. Jaap up your good work!! Can you pls let know what is the suggested proposition for each type of the investment e.g., FD, stocks, mutual fund etc.,
Thank you Akshat for imparting the basic but necessary financial education .As regards stocks, as you said it is very true that it is very important to know not only the Entry price but also , more importantly the Exit price at the time of entry itself .
FYI: "A crore (/krɔːr/; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000)."
Thank you Akshat. Very nice updates covered. You cover many topics in short time. And always love to watch your videos. Appreciate efforts put for creating quality content. Thank you.
Please make more video related to health insurance, taxes,& freelance/business registration. Thank you so far for making us aware & more knowledgeable 😌
Reg SSY, you missed that this scheme is EEE. Simple rate comparison won't work. If you factor in the tax benefit, it would be easily around 9-10%. Long term MF calculation is made at 12%. Considering the risk element, it would be very lucrative for the general public. Rates have been slashed now only. Previously it was around 9.
one correction to registering in GST there is no limit for registration, you can voluntarily do it..the limit is that you have you do compulsory registration in just case if your turnover crosses 20 lakhs or more..
I wish we had an in-depth video about the last point, saving tax with GST. That is one point very hard for a salaried person like me to digest. How can I save tax on the GST that I have to keep paying everywhere? Am I even thinking of this in the right way?
So a salary person CAN NOT AT ALL save any gst taxes mate The only way to save on that gst tax is to create a business. This is basically how it goes You create a business and you sell stuff suppose you sell something worth Rs 100000 so 100000 plus gst would be 118k for your customer, which means Rs 18k was paid to the govt through you as tax. But heres the catch, you can get that Rs 18 back from the govt, there are many ways to do it but to take the example from the video. You go ahead and buy an iphone using your gst number, that iphone is of 1 lakh plus 18% gst. Which means 18k is tax. You can now go the govt. Tell them this this iphone is a business expense and i use it for my business related work and you can get your 18k back from them right then and there on the websites like amazon. There are multiple other things you can do, maybe take a business loan and save taxes on interest etc. But the this is the basic gist of it. Also to avail gst benefits your anual business revenue should be more than 20 lakh
@@sgmoments9909 absolutely the game is pretty much rigged for salaried employees,, on the other hand for businesses(especially a small scale) GST input is just a very small thing, they can do plethora of things to save taxes, eg. employee their family members, hide cash transactions etc, while salaried can't do shit,, everything is deducted on source for him(TDS)
@@saurabh_s1ngh that is how economy works man....i am a salaried guy...but i have created a OPC company for myself, i just use it to show losses for tax rebates....i dont think we should blame the game man...if we know how it works and we still dont take actions to use it for the best, then it is our fault or maybe we are just too lazy to do it tbh
@@sgmoments9909 dude I would like to hear more about this,, bcz as far as I know you can not set off any kind of business losses against salary, or you meant you actually run a business and show only losses and hide profit?
@@saurabh_s1ngh You can transfer your surplus to your parents under a gift deed and make investments in their name. Basic tax exemption limit for senior citizens is ₹3 lakh, while super senior citizens aged 80 years and above get tax-free income of up to ₹5 lakh I wont say a lot but that is just one way of offsetting the profits of your small business and then you can just show all the losses
Hi @Akshat, I love the contents you post on financial which is significantly improving our financial knowledge. Jaap up your good work!! Can you pls let know what is the suggested proposition for each type of the investment e.g., FD, stocks, mutual fund etc.,your timely advise can help
Hello Akshat Sir, very informative video. As you have said, I am writing down notes of the things you mentioned and also doing a research of the said things on my own. Searched for discount factory, to know what it is, and how to plug in those numbers to have a general hands-on with it. The thing I came accross is that, the formula used at @2:12 needs to have period number raised to the power of (1+discount rate). Also, can you please help in explaining in the terms, discount rate, discount factor. Sharing of links would also suffice. Thank you. Loved the video. 😃
I had a laugh at salaried class. ( people on fixed incomes that can work more hours with no gain) I bought property for cash . I realised the cash in the bank was going down and was tempted to buy everything. Cars I believe are the biggest waste. So I have the cheapest car my ego can live with. ( 2005 lancer ) Now it's under control and I can't spend as much. Great video with good advice. Anyway hope you had a great Diwali.
Fully invested for long term (forever) is much much better than having a 10% or 20% fixed deposit for potential future market crash. Rather than doing a previous 3 year view of return for who have invested in recent market crash, why don’t do a 20 year long term analysis of that 20%. Timing the market will give you less return as compared to the Time In The Market, wether you do that with your 20% or your whole 100% portfolio
Existing health insurance plans like SBI health insurance which charge around Rs 20,000 per year have specifically listed covid ailments under exclusions meaning they will not bear the medical cost related to covid. Many people are not aware of this when they renew a policy, only when they are in need in a hospital, they will come to know about this.
Hey AKshat, great video! Can you make a video explaining more on your last point on saving taxes by starting a business? I was unaware of this clause and there might be more people unaware of the exact benefits of this. Thanks again!
Simple...you can claim expenses in a business, but as a salaried employee, you get only a standard deduction, and basic exemption limit to be availed, besides a handful of deductions clubbed under a few sections, subject to statutory limits. Being an independent contractor is far more beneficial from a tax perspective
Sukanya samriddhi Yojana, besides just beating inflation gives guarenteed minimum return and tax savings both on 80C and interest. Not bad IMO. Also interest rate is 8% now
5:30 but what about premiums paid from 25 to 35?😅 The one who bought insurance at 25 already would have lost around 150000 by the time he turns 35. At what logic does 25 year old buyer save more money?
Akshat i regularly listen to your logical videos. . very helpful.. could pls help in understanding more about index funding and how can a layman take advantage of it . I am not too sure abouts stocks but keen on Index funding and similar assets.. Keep up .. all the best
Super .... especially the loan topic .... very brave....keep it up, please ..all the best ..and keep posting good topics ...do u have any idea about wine investing
Hey Akshat, Great informative video as always and superbly delivered as well. Would love to listen more on the last point you made which was 'Optimising Taxes ' and all its details like registrating under Gst, how to claim benefits, and etc. Keep doing what you do. Cheers 🥂
hey Akshat, I never get bored of watching your inputs. I wish I could have known someone 20yrs back when I first drew my salary. Nevertheless I still apply your inputs even at this age of mine
On car loan, if fd rates are good, its better to take loan as we can put that money in FD and it will grow more than paying bAck car loan, as car loans are on depreciating rate and fd on cumulative. Please do share that math with folks as well
Hello Akshat.... Very nice and specific explanation. Can you please make video about GST benefits implying Enterprenrship opportunities also awaiting for long lasting wish of Home schooling
Dear Akshat brother, you are doing a great job. But what i would like to give you a small suggestion is please stop worrying what the users are thinking or their comments. Please don't care about them, you can't make everyone happy, so please focus on the topic and believe in yourself. The reason i had to write this comment, because in all of your videos, you are worrying about people comments, people thoughts. You are doing your best, there is always audience who supports you, who shares negative feedback, we can't stop them. Only thing is take the +ve, leave the -ve !!
Regarding the Sukanya samrudhi yojana you did a mistake you said 10k per month and getting 4 lakh only but if you invest 10K per month you will get more than 44 lakh . And i can see clearly that it is 1000 per month in the screen when you put up the calculation on the screen
Thanks Akshat for being a saviour and advisor for younger generation. Keep making such videos. Pls make a video on real estate also as to do we need to invest or stay in flats for a longer span of time or plot independent houses. Thanks
Money loses value over time due to inflation, making investments crucial. Invest to beat inflation, not just for high returns. Insurance is vital and should be bought early to avoid rising premiums. Fixed deposits offer emergency liquidity and should be part of a diversified portfolio. Invest in non-paper assets like real estate or gold to hedge against government monetary policies. Use loans wisely for productive purposes like property, not consumables like cars. Cash flow management is essential to avoid financial distress. Avoid over-reliance on government schemes, which may offer low returns. Develop your own investment system instead of following others blindly. Have a clear financial vision and explore tax-saving opportunities, such as starting a business for GST benefits.
Very important video. For me, index investing, taxation optimization is most important. Can you please share good index investment strategies to increase long term gains?
THINGS HAVEN'T BEEN GOOD THE PAST FEW YEARS AND I DON'T THINK SO 🤔 INVESTING IN CRYPTO IS THE ONLY WAY TO SURVIVE IF THERE'S NO MONEY , HOW CAN YOU MAKE AN INVESTMENT?
I agree with you 👍💯 but everything in life is above all our future, we have to build our future and also for the good of our children we have to build the future of tomorrow because we don't know what can happen to any of us, I don't know who agrees with me.
Wow, I knew this Sarah Cudmore. I met her at a conference in Ohio 2021 where she presented her trading strategy, she also helped me recover 30% of my losses by trading alone 😔 Glad to hear her name here.
There are undoubtedly scams out there and yet there are so many good traders that it also depends on the trader you are dealing with. I think trading is easier with proper advice, especially from a professional like Ms. Sarah, it helps reduce the risk of incurring losses. .
It's better to trade cryptocurrency, I traded from the bottom and made so much money trading, but due to the decline of bitcoin, many traders are now skeptical about buying and trading. crypto investing lol😂 they don't know the right time.
Hi Akshat. Please confirm, if in the formula mentioned by you for the discount factor, the "period number" should be shown raised as an exponent on the denominator. I think it is incorrectly mentioned in the current form at 2:20seconds time stamp on this video
Forget about investing the amount of Rs, 3,50,00,000 in any gold or in stocks or even in real estate. If Mr. Sushil Kumar had merely deposited that money in fixed deposits of any nationalised bank in India, he could have lived a reasonably comfortable life by using the interest on that 3,50,00,000. Further, at least that principal of Rs. 3,50,00,000 would still be safely in the form of fixed deposits-moreover, INR 3,50,00,000 is *NOT* a paltry sum of money in India in the year 2022 C.E.
@@amishmittal2291 I am not sure I understand the point that you are trying to put across. I had suggested that Mr. Sushil Kumar should not touch the principal of Rs. 3•50 crores. Yes, it might lose value due to inflation. BUT, one can try to live modestly on the interest, and even try to save some money that accrues as interest, and reinvest that saved money.
Akshat, I took my medical insurance at 25yrs of age(I am 26 now) taking the advice that I should take the insurance early on. But in the fine print of the document it says that I can only renew this insurance policy for the next 8 years; After that I will need to take a new medical insurance(this applies to all the insurance in India). I want to know how investing early on would benefit me, since at the age of 33 I will need to take a new health insurance policy.
Health insurance premiums can change on every renewal. Only term insurance premium remains same. He is just quoting that pamphlet knowledge. Don't heed to it.
The Best advice is to live a simple life . No matter how much you run after materialistic thing. It's never going to satisfy you.. Always secure your basic necessities while earning money.. Roti, kapra , makan, health 🙏
Hey Akshat, Nice video as always! I have a 1-year-old kid, and I want to keep aside some amount systematically for his college/higher education while not losing the buying value of that aggregated amount. Should I park it in FD or a nifty 50 index fund?
You can invest in FD, Liquid Funds, and Nifty 50 index fund with the following weightages 40%, 30%, 30% respectively. Liquid funds should give you about 7-9% returns annually.
Hi Akshat, I took a credit card 5 months back just to have a CIBIL score. I have not had any loans or anything in the past. Can you or anyone suggest ways of increasing the CIBIL score (besides making full payments and on time payments). Thanks.
You actually have to use your credit card on montly basis to have a CIBIL score and yes all payments need to be made on time WITHOUT any late payments or worse defaults. Age of your loans also matter to an extent especially if you expect advertised interest rates when going to apply for Home Loans. Someone who's been using credit cards for 6-7 years is said to be more safer than one who had just started. A mix of credit card payments, personal loans, car loans make you a good candidate for credit as well.
Hey Akshat, Whatever you have talked about is good but more than that I am really impressed with the background in which you have shot this video.. Loving the peace & weather of Goa 😍
Sir if am not wrong in the example you gave about Sukanya Samriddhi yojana the investment should be 'yearly' basis and the total investment should be 2,10,000rs as it is for 21 years and interest amount should also vary.
- Index Fund gives you around 10-11% annual return in long run with max tax bracket of 30% on earnings. That come to around 7.7% of effective return. - However, Suknya Smridhi Yojana (SSY) also give you 7.6% return with tax-exemption on the earnings. - In my opinion, SSY is better risk-free investment compared to Index Fund. Though, biggest downside of SSY is that you can put limited amount of investment in SSY. Please let correct me if I'm mistaken.
Land can be acquired by Government for for some expansion with minimum compensation. FOR example in Tamilnadu some politicians will take over there land by rowdisam and you will get back your landand go to civil courts for decades and you may even lose your entire land.More over you be killed by rowddy if the cost market value rises to much
If you enjoyed the video, do consider subscribing :) Also, here is the video on: How to take loans properly: ruclips.net/video/6J_yEXN2fOY/видео.html
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►With India's medical inflation rate at a whopping 14%, having comprehensive health & life insurance is critical. You can talk to Ditto's insurance experts for free- bit.ly/3MDKeYM
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Hello
Sir, yes it is just like people who are extremely thin and others who are bigger, after eating same quantity of food.
Money must do workout sir or else it will rust
Obviously like humans many young generation who just graduated from University are jobless in India and became loafers
So they will NEVER EVER have interest to do job in future also
I have given this example for understanding purpose
(NOTE - "Kindly this is for educational purposes", Not to insult anyone)
People have only one work to criticize someone all the time
Sorry but people kindly understand and grow up plz 🙏
Thanks Akshat sir
Can you pls ask your editor to do a spell check of all the highlights that are shown on screen….I believe your videos might be consumed by audiences World over and incorrect spellings look like an eye sore…hope you take my suggestion in the right spirit
Please take realistic examples , if someone earns 25k per month, he comes under the top 10% in the country.
Please do not mix term plan and hospital expenses.... NO TERM PLAN pays hospital expenses
Hi Akshat, please can you make a video on your last point around GST saving with a business?
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@@IrenaDolinsek Who is your financial coach, do you mind hooking me up?
@@IrenaDolinsek I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless...
Spam😂😂😂😂
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
That’s crazy, I’m just doing everything wrong with my portfolio.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year..
Patience patience patience. It's a cycle.... a sucky point in the cycle, but a cycle nonetheless..
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)
Please do you mind referring me to your financial analyst?
One of the worst scenario is ....even the highly graduates of our country is lacking this type of basic financial knowledge about money and investment..kudos to you for simplifying the overcomplexed subject into simple understandable words ...
@@007_Sun_Tzu i have seen my friends and family members who have done double degree like mba and staying away from markets and having poor financial knowledge ...hope you get it!
@@pavankumarsa2006 so you think degrees determine how smart someone is ? 😂.You give money ,you get degrees as much as you want.Learning and education is far from the education system of today's.
@@AmritenduRana31082000 brother i know you are smart enough to be a financial litrate ....I know in India you can pay as much as you want and can get degree .....but I'm not talking about those students..I'm talking about those students who have worked hard in studies and also now working in some good companies ..but still they lack basic knowledge of how to manage and grow money ....even the working employess who are into stock market is very less in India now ...I'm talking about these people . I have seen a large number of students from my class who are well placed but spending it senselessly and being not aware of stock market ....so hope you get it !
@@AmritenduRana31082000 Yes we should shut down all universities and schools. Education is useless
Most iit iim graduates are running the show without u even knowing. Now your roadside private college degree doesn’t really matter. Its rude and bitter but truth.
It is what it is! During this austere times, protecting one's capital is much more important than making money. Basically because if one loses one's capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over
You need to invest in order to protect your hard-earned funds from inflation. You need to invest now because your money is more valuable today than it will be in a year
@@Alejandracamacho357 Bottom-line is that inflation is actually above 10% whilst interest rates is sub 2%. Cash is still trash.
@@Patriciacraig599 The time value of money means today $10,000 is worth more than it will be in the future. Investing in the stock market is the surest way of protecting your money from inflation and the best way to build wealth. The U.S stock market is the world's biggest wealth creator which always outperforms most economic realities in the long term.
@@wiebeplatt4749 You can't really know the full risk rate except you are a Pro. Reason I settled for advisory and guide from a stocks guru, “Susan Agnes Hancock”. Never been the same again with my holdings
@@instinctively_awesome8283 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this Susan a look up, lucky i stumbled on this thread.
1) Insurance
2) Having assets that are not intervened by the govt. Like Real estate and gold
3) Rate at which your money should grow
4) Not investing in FD when market falls
5) Money will lose their value
6) Not taking a loan
7) Not knowing the cash flow
8) Trusting govt schemes more
9) Not investing on one's own
10) Start a business
11) No LIC
Thank you for saving my time
Thanks a lot.
No LIC
He did mention investing in FD to invest when market falls.
You own So many Swiss accounts and Panama Islands with the King guy why are you watching these videos Mozhi Akka
He is not bankrupt. Please watch his interview. He deposited large chunk of his money to get fixed income monthly and with some part of it he had done risky investments which was drowned. Dont blame anyone just like that.
@akshat724 yes chodu who r u
Ok
Many of his relatives were asking money on daily basic so he spread that rumour that he has gone bankrupt. He won 1 crore, he is smart. He is enjoying life !!
He went bankrupt considering the money he is left with
@@shoebb.9698 What? 😂
1:39 Calculation of Value of 1 Crore after 10/15/20 years
1/1.07 - 10/15/20 times respectively
And multiply that figure with 1Crore.
You will get the value mentioned in the video
Since I graduated from college, I've always wanted to be financially free and no like other people always whining about their financial situation and blaming everyone else but themselves .. so I took it upon myself to educate myself in this regard .. and I'm already index investing since 2020 till retirement.
Which AMC fund U invest in ?
Wow you were able to retire in just two weeks!
Not undermining the content of your video, but the landscapes behind you provide me more motivation!
One of the most eye opening finance videos for salaried class.. this should be part of everyone’s education..we all know why it isn’t..thanks for taking ur time Akshat.
Turning 1 Crore into 10 Lakhs -- this is what most of the salaried class investors are doing in the Stock Market ... telling from my 25 years experience ..
Thank you soo much. Finally a sensible youtuber, telling people the use of Fixed deposits. They are wonderful for emergency use.
15:32 *You don't necessarily need to achieve Rs 20Lakhs turnover mark to get eligible for registration in GST, even at the turnover of Rs 20 you can take registration in GST. The 20Lakhs which you are saying is one of the threshold for mandatory registration in GST. These threshold are different for different states, union territory and threshold differs from business to business also. So don't advise anything if don't have full knowledge of the facts*
And for your iPhone example 👇
*And taking benefits of ITC(Input Tax Credit) is legally only available for assets used in course or furtherance of business*
*If this benefit is taken for personal purpose you will get into legal trouble, so don't throw gullible people into legal trouble*
True, there are thresholds of 20 lakhs and 40 lakhs. Gst registration for thresholds lesser than these is not mandatory, but still they csn apply.
These kind of financial education about economy and finance should be a mainstream media topic but unfortunately they're busy with debates on not so important matters. Thank you for making such wonderful videos and educating us.
Appreciate your comment ☝️whasap the number above for more tips and guidance on profitable investment...
You can join our VIP offers❤
Yes, I also believe the media should share investment tips. All they do is share news, but who needs to know news!
@@alurdunbinbotros2730 sorry if I offended you but my point was media here in India not only show news but also conduct debate which ultimately doesn't bring about any solution.
If you are a salaried employee,
you have PF add some VPF(8.5% return) in it + PF (1.5 lack) + NPS( 50k/ per year) if you fall in 30% slab and don't even count these just do it and forget it.. I don't know why such simple investment are not advocated, other than that great video.
But regarding NPS won't the value of money depreciate (if possibly)
Nps is only good if one is not disciplined in his own index investing. And due to infinite lockin.
@@JatinKumarPatro that's why I mentioned if you fall in 30% slap then you are actually putting 35k for a value of 50k .. instead of trying crazy ways to evade tax these are some simple legit way.
@@VivekBisht yeah true. Additional 50k deduction
Yeah.. am using full 2.5lac to EPF and 50k to nps. Thats easy and safe.
Appreciate your kind and open nature to put video editor name as well.
Small action but this definitely encourages the person as well to give his best.
Hi akshat, your video quality/editing is far better than most of the other finance related youtubers, today's was outstanding...may the force be with you🎉👍💐
Adoption on a large scale is coming! More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.
Haven't you heard of Madam Carol Ann Mcelroy? She's an experinced broker who has been helping many to make good profits with her trading experience.
The wisest thing that should be on every wise individual's list is to invest in different stream of income that don't depend on the government to bring in money especially after the lesson of pandemic hitting
Ann Mcelroy use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits, she is a true expert when it comes to trading highly recommended.
I am also growing and accumulating also with Carol Ann Mcelroy. All my bad turned into good.
Hey Akshat,
This is the longest video i have ever seen in finance category, everytime i thought to skip the video, my mind told me there is something more i should watch. I must say your content is valuable and helpfull and you have amazing story telling skill.
Thank you for this video
You are a mind reader. Exactly the questions that come to my mind. Seriously, the way you explain is mind blowing. Very well explained like always..
I am a salaried person and I have done this mistake, I purchase a lot of stocks in covid lockdown and then had to sell them in 5 months only as I was in need of money. But today if I see those stocks have grown by 50-100% and I regret my decision.
lol
@@vishal.shetty so sad for you
Sad
Sad
Thanks you for making this wonderful video.
Hello Akshat ji,
I think for insurance point you mentioned there one more to note..
yes we pay less monthly if we start the insurance at age 25 than age 35
- but do not forget we also save premium for 10 years (25% of total time) that we can invest and earn returns
- Risk of getting illness or death at this age is also very low..
- And insurance companies are smarter than us..
- They charge less on younger age but high on older ages..
- Plus after the age of 55 to 65 it's less important to have life insurance as by then you might have already earned and secure your dependents financially.
- After the age of 50 health insurance is more important...
This is actually a great point. A/c to the video, (iirc)annual premium of 12k was for a 25yr old and 19k was for a 35yr old. In 10years time, (30*19-12*10) < 12*40 (assuming you'll be paying the premium for total of 40yrs starting at the age of 25). So basically, you end up paying 30k more and losing (other) investments opportunities worth 120k in return of a health cover from the age of 25 to 35; in contrast to a person who starts health insurance only after 35.
I liked you point!
But, I'd still consider a health insurance if my company doesn't provide one. Small health insurance cover of 300k worth is not a bad idea, who knows what live has in the store esp. With these fast changing times!
Hi Akshat, you picked an example where people are earning 5 lacks or more, kindly give some tips to those as well who are earning 50-80k per month.
It’s same. 25-30% for emis
Building wealth is much harder than spending. One must spend time on investing money in many assets or mutual funds or at stock...who all are agree with me
Appreciate a lot for detailing out all the steps clearly to stop people like us from making these kinda financial mistakes...kudos and hatts off to the work you are doing!!
Source?
Hi @Akshat, I love the contents you post on financial which is significantly improving our financial knowledge. Jaap up your good work!!
Can you pls let know what is the suggested proposition for each type of the investment e.g., FD, stocks, mutual fund etc.,
Thank you Akshat for imparting the basic but necessary financial education .As regards stocks, as you said it is very true that it is very important to know not only the Entry price but also , more importantly the Exit price at the time of entry itself .
No he did not lose that money.... He just said so because a lot of his known relatives started asking money from him as a loan.
😅
😂
😆lol
😃😆👌
Yes correct
FYI: "A crore (/krɔːr/; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000)."
Thank you Akshat. Very nice updates covered. You cover many topics in short time. And always love to watch your videos.
Appreciate efforts put for creating quality content.
Thank you.
Please make more video related to health insurance, taxes,& freelance/business registration.
Thank you so far for making us aware & more knowledgeable 😌
Reg SSY, you missed that this scheme is EEE. Simple rate comparison won't work. If you factor in the tax benefit, it would be easily around 9-10%. Long term MF calculation is made at 12%. Considering the risk element, it would be very lucrative for the general public. Rates have been slashed now only. Previously it was around 9.
one correction to registering in GST there is no limit for registration, you can voluntarily do it..the limit is that you have you do compulsory registration in just case if your turnover crosses 20 lakhs or more..
I wish we had an in-depth video about the last point, saving tax with GST.
That is one point very hard for a salaried person like me to digest.
How can I save tax on the GST that I have to keep paying everywhere?
Am I even thinking of this in the right way?
So a salary person CAN NOT AT ALL save any gst taxes mate
The only way to save on that gst tax is to create a business. This is basically how it goes
You create a business and you sell stuff suppose you sell something worth Rs 100000 so 100000 plus gst would be 118k for your customer, which means Rs 18k was paid to the govt through you as tax.
But heres the catch, you can get that Rs 18 back from the govt, there are many ways to do it but to take the example from the video.
You go ahead and buy an iphone using your gst number, that iphone is of 1 lakh plus 18% gst. Which means 18k is tax. You can now go the govt. Tell them this this iphone is a business expense and i use it for my business related work and you can get your 18k back from them right then and there on the websites like amazon.
There are multiple other things you can do, maybe take a business loan and save taxes on interest etc.
But the this is the basic gist of it.
Also to avail gst benefits your anual business revenue should be more than 20 lakh
@@sgmoments9909 absolutely the game is pretty much rigged for salaried employees,, on the other hand for businesses(especially a small scale) GST input is just a very small thing, they can do plethora of things to save taxes, eg. employee their family members, hide cash transactions etc, while salaried can't do shit,, everything is deducted on source for him(TDS)
@@saurabh_s1ngh that is how economy works man....i am a salaried guy...but i have created a OPC company for myself, i just use it to show losses for tax rebates....i dont think we should blame the game man...if we know how it works and we still dont take actions to use it for the best, then it is our fault or maybe we are just too lazy to do it tbh
@@sgmoments9909 dude I would like to hear more about this,, bcz as far as I know you can not set off any kind of business losses against salary, or you meant you actually run a business and show only losses and hide profit?
@@saurabh_s1ngh You can transfer your surplus to your parents under a gift deed and make investments in their name. Basic tax exemption limit for senior citizens is ₹3 lakh, while super senior citizens aged 80 years and above get tax-free income of up to ₹5 lakh
I wont say a lot but that is just one way of offsetting the profits of your small business and then you can just show all the losses
Hi @Akshat, I love the contents you post on financial which is significantly improving our financial knowledge. Jaap up your good work!!
Can you pls let know what is the suggested proposition for each type of the investment e.g., FD, stocks, mutual fund etc.,your timely advise can help
Hello Akshat Sir, very informative video. As you have said, I am writing down notes of the things you mentioned and also doing a research of the said things on my own.
Searched for discount factory, to know what it is, and how to plug in those numbers to have a general hands-on with it.
The thing I came accross is that, the formula used at @2:12 needs to have period number raised to the power of (1+discount rate).
Also, can you please help in explaining in the terms, discount rate, discount factor. Sharing of links would also suffice.
Thank you. Loved the video. 😃
small finance banks give around 7-8% interest in FD which equals inflation. Thus a safer option to grow money without investing in stock market.
U are wrong bhai, after tax u will get return of only 4 or 4.5% and unlike equity it will be taxed every year
I had a laugh at salaried class. ( people on fixed incomes that can work more hours with no gain)
I bought property for cash . I realised the cash in the bank was going down and was tempted to buy everything. Cars I believe are the biggest waste. So I have the cheapest car my ego can live with.
( 2005 lancer )
Now it's under control and I can't spend as much. Great video with good advice.
Anyway hope you had a great Diwali.
True. Cars are the biggest investment blunder salaried people do. On top of that, they take a loan at high interest rates
My god, you are so eloquent and clear. Thank you for your lucidity.
Fully invested for long term (forever) is much much better than having a 10% or 20% fixed deposit for potential future market crash. Rather than doing a previous 3 year view of return for who have invested in recent market crash, why don’t do a 20 year long term analysis of that 20%. Timing the market will give you less return as compared to the Time In The Market, wether you do that with your 20% or your whole 100% portfolio
I had this video in my *watch later* list..but turns out this is a great channel
Existing health insurance plans like SBI health insurance which charge around Rs 20,000 per year have specifically listed covid ailments under exclusions meaning they will not bear the medical cost related to covid. Many people are not aware of this when they renew a policy, only when they are in need in a hospital, they will come to know about this.
Dear Akshat, another inormative video from you Congratulations & keep them coming Rgds
Hey AKshat, great video! Can you make a video explaining more on your last point on saving taxes by starting a business? I was unaware of this clause and there might be more people unaware of the exact benefits of this. Thanks again!
@akshat can please make video on Tax saving using GST...
Simple...you can claim expenses in a business, but as a salaried employee, you get only a standard deduction, and basic exemption limit to be availed, besides a handful of deductions clubbed under a few sections, subject to statutory limits. Being an independent contractor is far more beneficial from a tax perspective
@Akshat...Please make video on tax saving using GST for salaried people (and what they need to do?)
Sukanya samriddhi Yojana, besides just beating inflation gives guarenteed minimum return and tax savings both on 80C and interest. Not bad IMO. Also interest rate is 8% now
Points are fantastic...Happy Diwali Akshat..Thanks for helping me and will watch the loan video..
5:30 but what about premiums paid from 25 to 35?😅 The one who bought insurance at 25 already would have lost around 150000 by the time he turns 35. At what logic does 25 year old buyer save more money?
I can easily turn 1 crore to 25 lakhs
Everyone can 😂😂
11th reason is following Akshat.
All his recommended stocks have never turned green.
He recommended Vauld too, and now the money is stuck.
Akshat i regularly listen to your logical videos. . very helpful.. could pls help in understanding more about index funding and how can a layman take advantage of it . I am not too sure abouts stocks but keen on Index funding and similar assets..
Keep up .. all the best
Super .... especially the loan topic .... very brave....keep it up, please ..all the best ..and keep posting good topics ...do u have any idea about wine investing
Hey Akshat,
Great informative video as always and superbly delivered as well.
Would love to listen more on the last point you made which was 'Optimising Taxes ' and all its details like registrating under Gst, how to claim benefits, and etc.
Keep doing what you do. Cheers 🥂
Thanks for your comment. What’sap me with the number showing above for more information and consultation on profitable investments..
This is valuable information. Everyone should know this. Thanks for uploading and putting out the efforts to make these videos.
hey Akshat, I never get bored of watching your inputs. I wish I could have known someone 20yrs back when I first drew my salary. Nevertheless I still apply your inputs even at this age of mine
On car loan, if fd rates are good, its better to take loan as we can put that money in FD and it will grow more than paying bAck car loan, as car loans are on depreciating rate and fd on cumulative. Please do share that math with folks as well
Hello Akshat.... Very nice and specific explanation. Can you please make video about GST benefits implying Enterprenrship opportunities also awaiting for long lasting wish of Home schooling
Dear Akshat brother, you are doing a great job. But what i would like to give you a small suggestion is please stop worrying what the users are thinking or their comments. Please don't care about them, you can't make everyone happy, so please focus on the topic and believe in yourself. The reason i had to write this comment, because in all of your videos, you are worrying about people comments, people thoughts. You are doing your best, there is always audience who supports you, who shares negative feedback, we can't stop them. Only thing is take the +ve, leave the -ve !!
Hello Akshat,
Thanks for your videos and education on financial literacy.
Do you also give financial advice on consultation basis ?
Nice video,simple, comprehensive,not pushy well done
How much minimum return one should earn to beat inflation as every investment does not give 15 percent cagr
Thanks to you I have successfully turned my 1 crore to 25 lakhs .
Regarding the Sukanya samrudhi yojana you did a mistake
you said 10k per month and getting 4 lakh only but if you invest 10K per month you will get more than 44 lakh .
And i can see clearly that it is 1000 per month in the screen when you put up the calculation on the screen
Thanks Akshat for being a saviour and advisor for younger generation. Keep making such videos. Pls make a video on real estate also as to do we need to invest or stay in flats for a longer span of time or plot independent houses. Thanks
Money loses value over time due to inflation, making investments crucial.
Invest to beat inflation, not just for high returns.
Insurance is vital and should be bought early to avoid rising premiums.
Fixed deposits offer emergency liquidity and should be part of a diversified portfolio.
Invest in non-paper assets like real estate or gold to hedge against government monetary policies.
Use loans wisely for productive purposes like property, not consumables like cars.
Cash flow management is essential to avoid financial distress.
Avoid over-reliance on government schemes, which may offer low returns.
Develop your own investment system instead of following others blindly.
Have a clear financial vision and explore tax-saving opportunities, such as starting a business for GST benefits.
I did a great thing today
and that is i subscribe your channel 😇
Very important video. For me, index investing, taxation optimization is most important. Can you please share good index investment strategies to increase long term gains?
I like your and Pranjal Kamra's video in finance space only, because of tbe no nonsense approach. Great going
For a salaried person does freelancing count as moonlighting? Is the GST option valid then?
On the point with no nonsense or gimmicky talk, hats off
Appreciate your feedback🔼
What'sap me with the number showing above for more information, consultation and more profitable updates.
Endeavor to reach out ⬆️⬆️
hey can u put a video on all way of optimizing taxes, that would be more helpful
Great knowledge sir
Thank you
THINGS HAVEN'T BEEN GOOD THE PAST FEW YEARS AND I DON'T THINK SO 🤔 INVESTING IN CRYPTO IS THE ONLY WAY TO SURVIVE IF THERE'S NO MONEY , HOW CAN YOU MAKE AN INVESTMENT?
I agree with you 👍💯 but everything in life is above all our future, we have to build our future and also for the good of our children we have to build the future of tomorrow because we don't know what can happen to any of us, I don't know who agrees with me.
@Brian Tansey I have been working with this woman sarah for 2 years and the profits are 99% guaranteed...
Wow, I knew this Sarah Cudmore. I met her at a conference in Ohio 2021 where she presented her trading strategy, she also helped me recover 30% of my losses by trading alone 😔 Glad to hear her name here.
There are undoubtedly scams out there and yet there are so many good traders that it also depends on the trader you are dealing with. I think trading is easier with proper advice, especially from a professional like Ms. Sarah, it helps reduce the risk of incurring losses. .
It's better to trade cryptocurrency, I traded from the bottom and made so much money trading, but due to the decline of bitcoin, many traders are now skeptical about buying and trading. crypto investing lol😂 they don't know the right time.
Hi Akshat. Please confirm, if in the formula mentioned by you for the discount factor, the "period number" should be shown raised as an exponent on the denominator. I think it is incorrectly mentioned in the current form at 2:20seconds time stamp on this video
Forget about investing the amount of Rs, 3,50,00,000 in any gold or in stocks or even in real estate.
If Mr. Sushil Kumar had merely deposited that money in fixed deposits of any nationalised bank in India, he could have lived a reasonably comfortable life by using the interest on that 3,50,00,000.
Further, at least that principal of Rs. 3,50,00,000 would still be safely in the form of fixed deposits-moreover, INR 3,50,00,000 is *NOT* a paltry sum of money in India in the year 2022 C.E.
Thanks for your comment. What’sap me with the number showing above for more information and consultation on profitable investments..
The 3.5 crore still would lose its value really soon
@@amishmittal2291
I am not sure I understand the point that you are trying to put across.
I had suggested that Mr. Sushil Kumar should not touch the principal of Rs. 3•50 crores.
Yes, it might lose value due to inflation. BUT, one can try to live modestly on the interest, and even try to save some money that accrues as interest, and reinvest that saved money.
I think as long as FD rates we are getting higher than inflation, the no issue
@akshay Spelling of salaried is misspelled as salried @0:47
Akshat, I took my medical insurance at 25yrs of age(I am 26 now) taking the advice that I should take the insurance early on. But in the fine print of the document it says that I can only renew this insurance policy for the next 8 years; After that I will need to take a new medical insurance(this applies to all the insurance in India). I want to know how investing early on would benefit me, since at the age of 33 I will need to take a new health insurance policy.
Thanks for your comment. What’sap me with the number showing above for more information and consultation on profitable investments..
Health insurance premiums can change on every renewal. Only term insurance premium remains same. He is just quoting that pamphlet knowledge. Don't heed to it.
Insurances should not be considered for tax benefits. They are necessary.
Your Background looks as good as your content ❤❤Thanks!
The Best advice is to live a simple life . No matter how much you run after materialistic thing. It's never going to satisfy you..
Always secure your basic necessities while earning money.. Roti, kapra , makan, health 🙏
These are very fundamental and golden points. Thanks for sharing your experience and knowledge.
You're doing sucha great work educating us all Akshat, keep up the good work! 🔥🔥
Shubh
This information can change someone's life💛..
Hey Akshat,
Nice video as always!
I have a 1-year-old kid, and I want to keep aside some amount systematically for his college/higher education while not losing the buying value of that aggregated amount. Should I park it in FD or a nifty 50 index fund?
You can invest in FD, Liquid Funds, and Nifty 50 index fund with the following weightages 40%, 30%, 30% respectively. Liquid funds should give you about 7-9% returns annually.
@@shrewman5361 Which Liquid fund gives that much returns? Can you please enlighten everyone here?
@@mansivijay1378 That's not akshat
@@shrewman5361 why o u need a liquid fund for an investment he won't touch for 15 years. He said purpose is kids future education.
Yes, I liked the dialogue man. And, you have sound knowledge of finances, taught me a lot.
Hi Akshat,
I took a credit card 5 months back just to have a CIBIL score. I have not had any loans or anything in the past. Can you or anyone suggest ways of increasing the CIBIL score (besides making full payments and on time payments).
Thanks.
You actually have to use your credit card on montly basis to have a CIBIL score and yes all payments need to be made on time WITHOUT any late payments or worse defaults.
Age of your loans also matter to an extent especially if you expect advertised interest rates when going to apply for Home Loans. Someone who's been using credit cards for 6-7 years is said to be more safer than one who had just started.
A mix of credit card payments, personal loans, car loans make you a good candidate for credit as well.
Hey Akshat,
Whatever you have talked about is good but more than that I am really impressed with the background in which you have shot this video.. Loving the peace & weather of Goa 😍
You are sooooooo good
Sir if am not wrong in the example you gave about Sukanya Samriddhi yojana the investment should be 'yearly' basis and the total investment should be 2,10,000rs as it is for 21 years and interest amount should also vary.
Can you please make a video on some good index funds?
Hello Akshat. Can u make a video on how to invest in US stocks
- Index Fund gives you around 10-11% annual return in long run with max tax bracket of 30% on earnings. That come to around 7.7% of effective return.
- However, Suknya Smridhi Yojana (SSY) also give you 7.6% return with tax-exemption on the earnings.
- In my opinion, SSY is better risk-free investment compared to Index Fund. Though, biggest downside of SSY is that you can put limited amount of investment in SSY.
Please let correct me if I'm mistaken.
Akshat gave us a tour of his neighbourhood. Looks good akshat. We enjoyed it 🤣
15:03 Not only did i pressed like, i pressed subscribed too!
The value of 1 Crore after 15 years would be hardly 10 lakhs..
Finally someone talking sense. Crux is don’t put all your eggs in a single basket, every asset/investment has it’s importance at times. 👍
One topic you never covered is NPS.. Can we get a video from you on this?
Thanks sir ji 👍🏻
Hello Akshat !! Pls specify what type of Index Fund you indicate or suggest.... Thanks
Make video on Study India 🇮🇳 OR Abroad 🇺🇸🇬🇧🇨🇦🇦🇺, especially for Masters?
There's already a video about it on the channel.
@@surikanto But I think that was old and needed new one considering the current situation & all.
Land can be acquired by Government for for some expansion with minimum compensation. FOR example in Tamilnadu some politicians will take over there land by rowdisam and you will get back your landand go to civil courts for decades and you may even lose your entire land.More over you be killed by rowddy if the cost market value rises to much
should i have a gf if i am a teen[16 about to be 17]
would she be considered as a bad financial decision
Brother too young and lots of tension 🤣
Very critical question to tackle. Requires deep analysis to calculate RoI and Risk:Reward. xD xD
Concentrate on something mote substantial.
no you shouldn't ... because you have apna hath jagannath ...100% reward no risk no financial loss ...