My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
If you don’t understand the markets, stick to an index like the S&P 500. Dollar cost average and hold long term, or better still consider financial advisory to avoid losses
Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with? in her area and works for Empower Financial
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement in 3 years.
Many individuals have a 'do-it-yourself mentality but lack the necessary expertise. Fiduciary advisors are ideal representatives for investing, and I can attest to this. Since the COVID outbreak to date, my portfolio has grown by over 330%, reaching nearly $1 million.
I work with Caroline Suzan Olson, who is NY-based. Just search the name and check if she meets your requirements. You'd find necessary details to work with to set up an appointment.
White British man here. I must have some indian ancestry somewhere down the line. All these habits I do naturally, and it wasn't instilled in me by my parents
A lot of Indian families emphasize saving over spending and focus on long-term investments. Even small habits like saving a portion of every paycheck can add up over time. It's definitely something to learn from if you’re looking to grow wealth
Absolutely. They also tend to invest in assets that appreciate, like real estate and gold, and they’re big on building diversified portfolios. It’s all about that mindset of creating stability while looking for growth opportunities.
True, but a lot of people struggle with portfolio management because there’s just so much out there. Like, where do you even begin with stocks, bonds, mutual funds, and everything else? It feels overwhelming at times
That’s where I think working with a financial advisor can make a real difference. I actually had a free consultation with Nora Jean Erickson, a CFP, and she helped me figure out a strategy that matches my goals. She didn’t push me to make any decisions, just gave me some practical advice to start building a solid portfolio
That sounds like a good approach. You know, taking advantage of free consultations seems like a smart way to get a feel for the kind of help available.
Living in multi-generational households. Co-owning expensive assets. Enforcing economically favourable marriages for their kids. Paying as little tax as possible.
Investing in Indian stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
thats really massive!How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
“.CAMILLA MARIE FULLER.’’ is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
When renting out properties don't forget to price in repairs and try and be a decent landlord...there are many who behave terribly towards their tenants. Building wealth shouldn't be at the cost of being a good person.
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Some good truths here. My wife and I are running two cars. A 2007 Corsa and a 2008 Merc. We have an annual household income well above 100k a year. We both work for the same company. We have the oldest most beat up cars in the car park. Probably the oldest two cars. There are 20 year olds driving brand new Fiat 500s or other cars a few years old. The difference is we'll be mortgage free on a 3 bed house next year at age 42 and 37. A newer car will bring me no new joy but financial security, peace of mind and not panicking if we hit a financial bump in the road is so worth the sacrifice.
An older car is also not going to give you any joy. It will bring you endless hassle and cost, but if you have factored these niggles into driving 'paid off' cars and they get you from A to B then great!
@EGTGUY depends. I ran a 2003 Bora that cursed at 90mph all day. Bought for 640 and sold for 400 8 years later. Put on 35k and spent about a grand on MOTs and repairs. Ran a 1999 3 litre merc bought for 870. Sold for 200. Ran for 7 years and cost about 3 grand to keep on the road. Yes the fuel was a killer but it was sort of my luxury be it a cheap luxury to drive a 218bhp car. No regrets! A good garage you form a decent relationship with will take you far! My wife has a 2007 Corsa. 4,5K second hand over a decade ago. 100k on the clock and probably 3K thrown at it over a decade. It's still worth a grand. So that's 650 a year for a car! Yet to find maths that stack up better.
German cars are a pig to work on so straight to the garage but servicing, changing plugs / coil pack on a Corsa is child's play. Anyone can do it. I'm not a car guy, no training, nothing. RUclips! I could do a full service myself for 80 quid in about an hour. That's 200 quid in a garage minimum. It's worth 1 hours of my time to save 120 net which is probably 160 gross. I wish I was paid 160 gross per hour!
@Chris-oc9eb sometimes you get unlucky but seriously the odds are in your favour! Yes it's a bit more work finding a car privately and more repairs but honestly you'll generally be quids in. And you don't lose sleep when someone dings or scrapes your car. You sleep way better! Haha I was picking up V6s for a song. About a hundred more to insurance, stronger engines, plenty of power so easy to drive, road tax is a bit of a killer and so is fuel but if you are doing moderate mileage say 5k, you'll be OK. Normally you'll get enough useful features e.g. parking sensors, cruise control, heated seats, full electrics, etc. Anymore mileage just get a slightly newer but more economical car.
I must be Indian 😄. I tick all those boxes. The biggest riches are family . I like the idea of multi generations under one roof, but it’s true that in the west it’s seen as a failure.
A unique video! Honest and goes to the root black hole of consumerism and copying others. Believe in yourself, education, where you came from and be humble.
Doesn't explain the lack of Charity (monetry or otherwise) having got to so lofty a postion in life - NOT, why "Indians" are natural born liars, ignorant of local laws & customs and generally don't mix very well in the community they live in....and yes THXS I have first hand expeience re all the above and more Lol...!
I went to a secondary school in London full of Indian people. They kids don’t get nike and labels and they don’t get too much take away. Things I agree with they invest in tuition and education instead. They are a bit tight though perhaps overly tight at times but definitely an example for everyone in how to not over spend.
It's a question of perspective one man trash is another's treasure. Tight to you maybe superficial spending to someone else. I'd rather look poor and stress free than looking rich and stressed paying bills
@@harrysahota4072 yeah I agree but I feel there is a healthy balance having you’re kids were the same worn out school jumper every year isn’t good not feeding them frozen pizza or simple soups, hence the children are often very thin.
I wouldn't say that's being thrifty, I would say not feeding your children is neglect. There's a big difference. Personally for my children I would go without so they can have everything.
Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.
Asian here. 100% true! I am looking to sell my business in early 2026 and retire at the age of 44. All the years of working 6-7 day weeks has paid off.
Taken together these lessons reflect a useful, happy and productive life as well as tending towards wealth and financial security. These Indian values are also those of the British Middle classes of the Victorian era which I am pleased to see this channel championing so well!
I would say be careful in defaulting to buying properties, prices have increased and returns have decreased vs when parents bought properties. So I would always avoid jumping on a previous generations bandwagon without really understanding the fundamentals and payback time. Independence is also a bigger thing in Indian cultures now especially for males when it comes to marriage so this time to save is limited I would also question the value of a university education. Having being to a top tier university I think it teaches you great life and social skills but education is primarily theory and not practical. I think apprenticeships are now more avaliable in professional industry’s like financial services and can really help grow your network and put you a step ahead of graduates Great advice on other content though and keep up the great work 👍🏽
Nailed it. Indians find it hard to change mindset from buying property as it's been good for decades and is in grained. They will have taken advantage of the gains, Vs this generation. But what many fail to realise is the returns are not as good as you think, secondly not many think about the IHT implications either. Many are now scrambling to figure out how they can reduce their tax liabilities, as well as CGT etc. I would invest in other assets first, and have property lower down the rank. Or you buy a bigger first property, and then downsize later.
Well said. Property investment in 2024 in the UK is no longer the golden goose it once was and comes with a lot of headaches attached in most cases. Sure there are exceptions and deals on some very few pockets but largely oversaturated market and prices are not rising much. I own 2x flats in prime London since the last 14 years and rents and sale prices barely increased taking into account inflation.
I'm sorry but buying lots of properties and renting out does not mean good for the tenants. Often these landlords don't bother to make the house mould free or safe for tenants. They just know how to make money in selfish greedy manner!!!
I invested £1 million into the S&P500 in 2008 and today it’s worth £9m with dividends reinvested. People need to focus on total returns and not just cash flow / dividends. I also own property but it has not outperformed my stock portfolio. Property acts more like a bond, a hedge against inflation.
I invested £3000 (deposit) into a flat in 2000 (cost £60,000) and the flat's now worth £350k. I lived in it for a while and then rented it out. The rent covers the mortgage which is paid off. If I'd invested that £3k in the S&P by your figures it would now be worth £27k. Leverage adds a massive boost to your returns.
@@shellyperera2010 That’s using leverage which is risky. Also don’t forget interest rates were low so money was very cheap. If you compare other decades, stocks have always outperformed property.
You're lucky to have achieved what you said if correct. Most investors, even seasoned professionals got flushed out in 2008/09 ! watching your money depreciate by up to 70%+ shook even the most hardened trader ! Most people realise around that period that the cliche comment ..." you need to be in it for the long term" is textbook theory and nothing to do with reality. Money can be made in any timeframe if LUCK is on your side.
@@dietkebabOne thing I’ve learnt is to ignore the noise. There will always be stock market crashes, but we have to remember that markets have always recovered. 5 years ago I also started investing in the FTSE All World for extra diversification.
Well, india is a continent. There are enough wealthy millonaires there. But who are they? The majority of them are from different cultures, there are lots of people with the Iranian/Persian background whose great great great grandparents migrated or fled there during different conflicts and traditionally persians are traders. This continent was for a few hundred years under Mogols. The Mogol rulers married local indians whose parents were infliential or mayors in order to get the power. Especially the northern india is heavily mixed with Mogols. Then it became under Ottoman Emire after which it was under British Empire. The owner of the st james's hotel is Nishat Group which is Pakistani and therefore Muslims. Even their names are Muslim. The owner of Vitabiotics is from Karachi which is Pakistan and his name doesn't suggest that he is pure indian like hindu. He is sindhi, their traditional dresses look like more iranian, tadjiks or irak. And I'm sure that Vitabiotics became successful because of Arnold Beckett (Jewish) who was the professor of the owner of the Vitabiotics at his university. So, don't steel credits of others. About overtutoring of the indian and chinese children for 11+, 16+ and A Levels is a different subject. Personally know it.
All is good but why do you need to study if you are going to do what your parents already told you. Living with Joint family, save up, buy property and earn rent. It’s all sorted why bother paying uni fee and accumulating debts and start paying back via rent money🤫
@@Hm32271 Agree, NOT indians but Jewish are most wealthiest and creative which indians don't have. It's not difficult Buy and Sell. Or buy a property to let out if you have saved enough to buy it with the help of your extended family circle.
I see a lot of similarities between Indian culture and Latin American culture where I am from. Stop worrying about what other people think, they are stupid anyway 😂
I am white European and for us unfortunately living with family is not an option even though I wish for it. It would bring shame to my parents. There is a lot of prejudice with that. We need to should that we are financially independent otherwise we are looked down by society. It is such a shame.. I will definitely be different with my children..
There is a lot of similarities between other nations too Jewish people do the same it’s just the way people have faced difficulties and have been forced to adapt. The other issue these days is people want to have nice things today so all credit. Why would anyone want to get a Range Rover on finance when the fridge is empty? Other advantage of Indians is they involve children with their business at a young age so giving them a taster.
If Jews wanted to kick out indians from the market it'd be easy peasy, in one step! Indians cannot be compared to jews at all. I'm not jewish but I know them very well. Jews can easly and in the lawful way aquire their businesses if they want. But what businesses do they have compared to the Jews: Sweet shops, Western Union or renting out an extra house, carry houses? I wouldn't need them.
People of White and Chinese heritage are also statistically higher earners maybe you or someone you interview could comment on that. I would add also how much focusing on wealth impacts mental health because that is the price.
@@thegurch7313 I think they are trying to say that she will end up rich but alone with her cats. But they don't know the first thing about her. She could be about to get married. A woman with money, though usually will only select a similarly rich man
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
I will like to knw mre
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
If you don’t understand the markets, stick to an index like the S&P 500. Dollar cost average and hold long term, or better still consider financial advisory to avoid losses
Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with? in her area and works for Empower Financial
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement in 3 years.
Your allocation looks solid. Consider dollar-cost averaging & dividend reinvestment. I suggest you speak with a fiduciary.
Many individuals have a 'do-it-yourself mentality but lack the necessary expertise. Fiduciary advisors are ideal representatives for investing, and I can attest to this. Since the COVID outbreak to date, my portfolio has grown by over 330%, reaching nearly $1 million.
Who are you working with, please? in dire need of portfolio rebalancing
I work with Caroline Suzan Olson, who is NY-based. Just search the name and check if she meets your requirements. You'd find necessary details to work with to set up an appointment.
Her track record looks really good from what I found online. I've scheduled a call to discuss further.
White British man here. I must have some indian ancestry somewhere down the line. All these habits I do naturally, and it wasn't instilled in me by my parents
A lot of Indian families emphasize saving over spending and focus on long-term investments. Even small habits like saving a portion of every paycheck can add up over time. It's definitely something to learn from if you’re looking to grow wealth
Absolutely. They also tend to invest in assets that appreciate, like real estate and gold, and they’re big on building diversified portfolios. It’s all about that mindset of creating stability while looking for growth opportunities.
True, but a lot of people struggle with portfolio management because there’s just so much out there. Like, where do you even begin with stocks, bonds, mutual funds, and everything else? It feels overwhelming at times
That’s where I think working with a financial advisor can make a real difference. I actually had a free consultation with Nora Jean Erickson, a CFP, and she helped me figure out a strategy that matches my goals. She didn’t push me to make any decisions, just gave me some practical advice to start building a solid portfolio
That sounds like a good approach. You know, taking advantage of free consultations seems like a smart way to get a feel for the kind of help available.
And if she’s a CFP, you know she’s legit. I could use a session like that just to make sense of where I’m at and where I want to go
Living in multi-generational households.
Co-owning expensive assets.
Enforcing economically favourable marriages for their kids.
Paying as little tax as possible.
Investing in Indian stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
thats really massive!How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
“.CAMILLA MARIE FULLER.’’ is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
When renting out properties don't forget to price in repairs and try and be a decent landlord...there are many who behave terribly towards their tenants. Building wealth shouldn't be at the cost of being a good person.
@@philsmith7398 exactly! There are many indian landlords in London who are very bad towards the tenants. They know money but no morals!
The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future.
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Some good truths here. My wife and I are running two cars. A 2007 Corsa and a 2008 Merc. We have an annual household income well above 100k a year.
We both work for the same company. We have the oldest most beat up cars in the car park. Probably the oldest two cars. There are 20 year olds driving brand new Fiat 500s or other cars a few years old.
The difference is we'll be mortgage free on a 3 bed house next year at age 42 and 37.
A newer car will bring me no new joy but financial security, peace of mind and not panicking if we hit a financial bump in the road is so worth the sacrifice.
An older car is also not going to give you any joy. It will bring you endless hassle and cost, but if you have factored these niggles into driving 'paid off' cars and they get you from A to B then great!
@EGTGUY depends. I ran a 2003 Bora that cursed at 90mph all day. Bought for 640 and sold for 400 8 years later. Put on 35k and spent about a grand on MOTs and repairs.
Ran a 1999 3 litre merc bought for 870. Sold for 200. Ran for 7 years and cost about 3 grand to keep on the road. Yes the fuel was a killer but it was sort of my luxury be it a cheap luxury to drive a 218bhp car. No regrets!
A good garage you form a decent relationship with will take you far!
My wife has a 2007 Corsa. 4,5K second hand over a decade ago. 100k on the clock and probably 3K thrown at it over a decade. It's still worth a grand. So that's 650 a year for a car!
Yet to find maths that stack up better.
German cars are a pig to work on so straight to the garage but servicing, changing plugs / coil pack on a Corsa is child's play. Anyone can do it. I'm not a car guy, no training, nothing. RUclips! I could do a full service myself for 80 quid in about an hour. That's 200 quid in a garage minimum.
It's worth 1 hours of my time to save 120 net which is probably 160 gross. I wish I was paid 160 gross per hour!
Brilliant way of thinking 👍🏻😉
@Chris-oc9eb sometimes you get unlucky but seriously the odds are in your favour!
Yes it's a bit more work finding a car privately and more repairs but honestly you'll generally be quids in. And you don't lose sleep when someone dings or scrapes your car.
You sleep way better! Haha
I was picking up V6s for a song. About a hundred more to insurance, stronger engines, plenty of power so easy to drive, road tax is a bit of a killer and so is fuel but if you are doing moderate mileage say 5k, you'll be OK. Normally you'll get enough useful features e.g. parking sensors, cruise control, heated seats, full electrics, etc.
Anymore mileage just get a slightly newer but more economical car.
I must be Indian 😄. I tick all those boxes.
The biggest riches are family . I like the idea of multi generations under one roof, but it’s true that in the west it’s seen as a failure.
A unique video! Honest and goes to the root black hole of consumerism and copying others. Believe in yourself, education, where you came from and be humble.
Doesn't explain the lack of Charity (monetry or otherwise) having got to so lofty a postion in life - NOT, why "Indians" are natural born liars, ignorant of local laws & customs and generally don't mix very well in the community they live in....and yes THXS I have first hand expeience re all the above and more Lol...!
I went to a secondary school in London full of Indian people. They kids don’t get nike and labels and they don’t get too much take away. Things I agree with they invest in tuition and education instead. They are a bit tight though perhaps overly tight at times but definitely an example for everyone in how to not over spend.
It's a question of perspective one man trash is another's treasure. Tight to you maybe superficial spending to someone else. I'd rather look poor and stress free than looking rich and stressed paying bills
@@harrysahota4072 yeah I agree but I feel there is a healthy balance having you’re kids were the same worn out school jumper every year isn’t good not feeding them frozen pizza or simple soups, hence the children are often very thin.
I wouldn't say that's being thrifty, I would say not feeding your children is neglect. There's a big difference. Personally for my children I would go without so they can have everything.
if only i knew this 40yrs ago . you speak so much sense .
Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.
I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
Highly recommended
Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people
I'm also a huge beneficiary of her..
I thought myself and my family were
the only ones enjoying Fenella
trade benefits
Asian here. 100% true!
I am looking to sell my business in early 2026 and retire at the age of 44. All the years of working 6-7 day weeks has paid off.
Congrats, May you enjoy your success!
Taken together these lessons reflect a useful, happy and productive life as well as tending towards wealth and financial security. These Indian values are also those of the British Middle classes of the Victorian era which I am pleased to see this channel championing so well!
The idea this is down to ethnicity is totally misleading. It's down to having intelligent or ambitious parents who influence their children.
All credit to Indian entrepreneurs though, they are amazing and benefit the UK!
I would say be careful in defaulting to buying properties, prices have increased and returns have decreased vs when parents bought properties. So I would always avoid jumping on a previous generations bandwagon without really understanding the fundamentals and payback time.
Independence is also a bigger thing in Indian cultures now especially for males when it comes to marriage so this time to save is limited
I would also question the value of a university education. Having being to a top tier university I think it teaches you great life and social skills but education is primarily theory and not practical. I think apprenticeships are now more avaliable in professional industry’s like financial services and can really help grow your network and put you a step ahead of graduates
Great advice on other content though and keep up the great work 👍🏽
Nailed it. Indians find it hard to change mindset from buying property as it's been good for decades and is in grained.
They will have taken advantage of the gains, Vs this generation. But what many fail to realise is the returns are not as good as you think, secondly not many think about the IHT implications either. Many are now scrambling to figure out how they can reduce their tax liabilities, as well as CGT etc.
I would invest in other assets first, and have property lower down the rank. Or you buy a bigger first property, and then downsize later.
Well said. Property investment in 2024 in the UK is no longer the golden goose it once was and comes with a lot of headaches attached in most cases. Sure there are exceptions and deals on some very few pockets but largely oversaturated market and prices are not rising much. I own 2x flats in prime London since the last 14 years and rents and sale prices barely increased taking into account inflation.
great video, i liked the part about buying houses. seems a no brainer but recently some financial advisers seem to be against it.
I'm sorry but buying lots of properties and renting out does not mean good for the tenants. Often these landlords don't bother to make the house mould free or safe for tenants. They just know how to make money in selfish greedy manner!!!
I'm not Indian but appreciate your advice, hugs ❤
Great advice! Especially for younger people finishing university.
Absolutely brilliant video I agree 100% with everything you said👍🏻
I invested £1 million into the S&P500 in 2008 and today it’s worth £9m with dividends reinvested.
People need to focus on total returns and not just cash flow / dividends. I also own property but it has not outperformed my stock portfolio. Property acts more like a bond, a hedge against inflation.
I invested £3000 (deposit) into a flat in 2000 (cost £60,000) and the flat's now worth £350k. I lived in it for a while and then rented it out. The rent covers the mortgage which is paid off. If I'd invested that £3k in the S&P by your figures it would now be worth £27k. Leverage adds a massive boost to your returns.
@@shellyperera2010 That’s using leverage which is risky. Also don’t forget interest rates were low so money was very cheap. If you compare other decades, stocks have always outperformed property.
Real estate can be a massive burden with tenants and maintenance
You're lucky to have achieved what you said if correct. Most investors, even seasoned professionals got flushed out in 2008/09 ! watching your money depreciate by up to 70%+ shook even the most hardened trader !
Most people realise around that period that the cliche comment ..." you need to be in it for the long term" is textbook theory and nothing to do with reality. Money can be made in any timeframe if LUCK is on your side.
@@dietkebabOne thing I’ve learnt is to ignore the noise. There will always be stock market crashes, but we have to remember that markets have always recovered. 5 years ago I also started investing in the FTSE All World for extra diversification.
No. 3 is what distinguishes Indians from other communities. The other points are generally accepted
Well, india is a continent. There are enough wealthy millonaires there. But who are they? The majority of them are from different cultures, there are lots of people with the Iranian/Persian background whose great great great grandparents migrated or fled there during different conflicts and traditionally persians are traders. This continent was for a few hundred years under Mogols. The Mogol rulers married local indians whose parents were infliential or mayors in order to get the power. Especially the northern india is heavily mixed with Mogols. Then it became under Ottoman Emire after which it was under British Empire. The owner of the st james's hotel is Nishat Group which is Pakistani and therefore Muslims. Even their names are Muslim. The owner of Vitabiotics is from Karachi which is Pakistan and his name doesn't suggest that he is pure indian like hindu. He is sindhi, their traditional dresses look like more iranian, tadjiks or irak. And I'm sure that Vitabiotics became successful because of Arnold Beckett (Jewish) who was the professor of the owner of the Vitabiotics at his university. So, don't steel credits of others. About overtutoring of the indian and chinese children for 11+, 16+ and A Levels is a different subject. Personally know it.
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All is good but why do you need to study if you are going to do what your parents already told you. Living with Joint family, save up, buy property and earn rent. It’s all sorted why bother paying uni fee and accumulating debts and start paying back via rent money🤫
Hard work, entrepreneurship, education, family values, honesty, god fearing! ❤❤
These habits may be applicable to Indians. Old habits that are mostly obsolete in the 21st century.
A wise summary for the next Gen
Well done for sharing very useful information and advice
great eye opener ...thanks
Great life lessons
Thank you for a great video and tips.
Old is gold !
This is amazing.
Eat daal daily and save money
Indians are wealthy but not the wealthiest, its the Jewish minority which is the richest.
Tropes about Jewish wealth is a stereotype and a nasty one at that.
Indians definitely gaining ground on the Jewish.
Jewish community is too small to make an impact. But very good honest and hard working people
Jews win the prize for the most money grubbing that’s for sure 👍
@@Hm32271 Agree, NOT indians but Jewish are most wealthiest and creative which indians don't have. It's not difficult Buy and Sell. Or buy a property to let out if you have saved enough to buy it with the help of your extended family circle.
Kiran, where can i contact you for one to one advise chargable ofcourse
Property and accounting are boring old paths.....new paths are quant trading, venture capital and crypto for faster wealth and far greater networth.
I see a lot of similarities between Indian culture and Latin American culture where I am from. Stop worrying about what other people think, they are stupid anyway 😂
So, in summary........
If Indians were the majority population in the UK the country would never be out of recession.
Sound wisdom Kiran
I am white European and for us unfortunately living with family is not an option even though I wish for it. It would bring shame to my parents. There is a lot of prejudice with that. We need to should that we are financially independent otherwise we are looked down by society. It is such a shame.. I will definitely be different with my children..
What's the best way to invest ,100000 pound?
There is a lot of similarities between other nations too Jewish people do the same it’s just the way people have faced difficulties and have been forced to adapt.
The other issue these days is people want to have nice things today so all credit. Why would anyone want to get a Range Rover on finance when the fridge is empty?
Other advantage of Indians is they involve children with their business at a young age so giving them a taster.
If Jews wanted to kick out indians from the market it'd be easy peasy, in one step! Indians cannot be compared to jews at all. I'm not jewish but I know them very well. Jews can easly and in the lawful way aquire their businesses if they want. But what businesses do they have compared to the Jews: Sweet shops, Western Union or renting out an extra house, carry houses? I wouldn't need them.
Another thing i noticed drive a BMW
That's expensive. Also a lot of Indians own some gold. they are not stupid.
I totally agree with you.
A lot of indian landlords have shoddy properties. I know this from experience.
@@marton349 you have stayed in all of them? As well as rental properties owned by people from different nationalities in all regions of the uk ?
Um. I think this may breach the DEI policies of some companies. You are basically being stereotypical
People of White and Chinese heritage are also statistically higher earners maybe you or someone you interview could comment on that.
I would add also how much focusing on wealth impacts mental health because that is the price.
You forgot to mention chanting laxmi mantra lol jk
Indians rock 💪 lol
Really sensible! I love Indians
especially the pretty ones
💯👌
❤
Eat lentils with brown flour bread! Be a vegetarian! ..
Easy, stop keeping up with the Joneses
Have fun with your cats.
I don’t get the meaning of this comment. Please explain?!?
What a stupid comment
@@thegurch7313 I think they are trying to say that she will end up rich but alone with her cats. But they don't know the first thing about her. She could be about to get married. A woman with money, though usually will only select a similarly rich man