How do THE RICH Invest? | CEO of Kotak Investment | The 1% Club Show | Ep 2

1% Club KZbin : / @onepercentclub12
Join the 1% Club: bit.ly/3NkSRc5
In this episode of The 1% Club Show, I spoke to Lakshmi Iyer, who is the CEO of Kotak Investment and Advisory business. The CEO stands at a top of a company and makes the most critical and pressing decisions regarding how the company function.
We discussed her journey to the top and the challenges she faced as a woman leading the charge in a male-dominated industry.
Some of the topics we covered during the podcast are;
-Is the finance industry male-dominated?
-Are Genz’s more reckless with money?
-How has investing changed in this generation?
-How should one invest during a recession?
-How did she climb up the corporate ladder and become the CEO?
Trust me; you want to take advantage of this video, learn from the expert and take your portfolio and career to the
Timestamps:
00:00 Highlights
01:11 Introduction
01:51 Day in a CEOs life
08:46 Females in the Finance Industry
10:55 Are Finance People good at Personal Finance?
13:16 Is Gen Z reckless with money?
14:56 Difference in Investment Dynamics. Before vs Now
18:18 What should a 20 y/o do?
25:10 What is Financial Independence?
28:47 What is your investment strategy, and does it keep evolving?
29:38 Investment Advice for the upcoming recession
35:38 Whose Financial advice should you listen to?
37:02 So within equity, how do you further divide your money?
40:12 How to teach kids Good Financial Habits
43:11 how has her lifestyle changed?
47:14 Identifying the one or two areas of your life where you want to splurge
48:15 Debt funds have lost their tax benefits. Explained.
55:07 What led her to become the CEO?
58:07 Traits of the Top 1%
01:02:42 What is your unfair advantage?
01:05:35 How to hire someone
01:13:33 Advice for Youth
01:18:37 Are Finfluencers Good or Bad?
01:18:45 Renting vs. buying a home
01:19:16 What is the biggest financial mistake that you have made?
01:19:24 What is your fire number?
01:20:13 What is one purchase that wasn't a good financial decision?
01:20:54 Advice for Getting back on track in life?
01:22:23 AI and the Risk in Investing
01:23:41 When should you Invest in Bonds?
01:27:17 Why India is Recession Proof?
Connect with me:
Instagram: / financewithsharan
Facebook: / financewithsharan
LinkedIn: / sharanhegde95
Twitter: / financewsharan
#financewithsharan #finance #sharan

[@saivenkatnagarala]

The way she articulates everything, her body language & confidence in her voice are something which can attract anyone, i can listen to her for another one hour

[@scovilldsilva8207]

I agree. She is so well spoken and articulate.

[@cleanpull999]

​@@scovilldsilva8207Yes, but CEO role requires something very different

[@JacobPaula]

Is this an opportune moment to invest in stocks? What's the expected recovery timeline? I understand that many people believe equities are currently undervalued. However, there are strategies in play in this market that aren't easily accessible to the average person. Should I consider alternative investment options that may be more suitable for me?

[@Dave_East]

Market rebounds, but can't focus on long-term due to retirement and reserves affected by inflation. Need a dependable data path and prompt solution.

[@SerinaGliues]

It's not your fault, lacking expertise in bear markets limits profits. Experts with experience from the 2008 crisis excel, using long-short trading, profit strategies, and risk management to thrive in turbulence.

[@SerinaGliues]

I'm not usually one to make recommendations, but there are numerous freelance wealth managers available. I've been working with "Stacie Lynn Winson" for approximately four years, and she has delivered solid returns. If she aligns with your preferences, you might consider her services.

[@Olivia-z5c]

It's not your fault, lacking expertise in bear markets limits profits. Experts with experience from the 2008 crisis excel, using long-short trading, profit strategies, and risk management to thrive in turbulence.

[@Agatha.wayne0]

Given substantial losses, seeking guidance to rebuild my portfolio and enhance strategies. Where can I locate this individual?

[@jithinmjose]

never commented on your videos, but she is special. bring more people like her. full of energy and passion.

[@Raymondjohn2]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[@kevinmarten]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

[@maga_zineng7810]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

[@Mohaimam316]

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

[@maga_zineng7810]

I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with “Natalie Lynn Fisk” for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.

[@Mohaimam316]

Thank you for this Pointer. It was to find her handler, She seems very proficient and flexible. I booked a call session with her.

[@aldenkarnas779]

I follow and love your videos. Unfortunately, it's been a while since i visited i am experiencing one of the most challenging phases of my life... Lost a fortune investing in emerging companies... Hopeful, for a turnaround.

[@Thompson7888]

It's the market. If you can't be on it on the bad days, you shouldn't be in it at all. BTW, as a novice why didn't you work with an expert or at least made proper research about the companies before investing? Maybe you were too hasty & casual because as a complete beginner investor myself, I have made over 145K profit from my positions in a few months of trading with Gary Joe Wilde. In all honesty, wish I started earlier.

[@aldenkarnas779]

@@Thompson7888 Not far from the truth i regret 💔... Any idea how i can reach Gary Joe Wilde? What's his channel name? I love the testimonies i have seen about him by Chris, Brian, and some other youngsters on Makeit.

[@Thompson7888]

@@aldenkarnas779 He's SEC regulated they aren't permitted to own or operate Investing video channels. Simply run a quick web search about him he is quite renowned and long-established mentored a good number of reputable pros.

[@lebronj5491]

@@Thompson7888 Grant often recommended him in his early vids.

[@psk839]

​@@Thompson7888😂😂

[@hernandeztorres7137]

*Amazing content, You remain the best!! It's been a year since I found ways to improve my finances and by working with a renowned professional, I was able to attain financial independence. I have to say this ; “As long as you are determined and work hard, you can achieve whatever you place your mind on.”*

[@hernandeztorres7137]

*To create wealth consistency is key.* I engage in different productive investments and with help from my Financial Consultant *(Donald Nathan Scott)* I’ve attained great returns. My advice is to get a professional who will help you in making right choices and enhance your management skills.

[@hernandeztorres7137]

*DONALD NATHAN SCOTT* is my professional. He is very proficient and a well known Financial Consultant. I found him by looking up his names on line.

[@evelynscarlett1]

Having worked with Donald Nathan Scott for 3 years , I have come to realize that a dream doesn't become reality through magic; it takes sweat, determination, hard work and that all our dreams can come true if we have the courage to pursue them.

[@debwes1]

What broker do you use, please? I want to invest a significant sum of money in a variety of markets, but I'm not sure which is safe right now given the uncertainties. Should I store cash or diversify across a number of assets, including stocks and bonds, which can help fend off inflation? I have $400k or so saved up for this.

[@MarvishaN]

Inflation is a money-eater, you either learn how to create a basket of securities like an expert or seek guidance from a financial expert

[@aureliobjm]

I agree. Based on personal experience working with an investment advlsor, I currently have $955k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@fredm1]

@aureliobjm How can I participate in this? Who is the driving force behind your success and how are they reached please?

[@aureliobjm]

"Heather Lee Larioni" maintains an online presence. Just make a simple search for her name online.

[@fredm1]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@shubhamkashyap9868]

I am just halfway through the video and can't resist myself from commenting as she is too good in her expertise. This is what happens when one persuades one's passion as one's career. Thanks for bringing this up.

[@himanshudutta7462]

I loved her energy ❤ please do part 2 with her. So inspiring 👏

[@christopherpaul5]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

[@carolpaige2]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@MarkGrimm8]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@JordanPortales]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

[@MarkGrimm8]

My advisor is Natalie Lynn Fisk she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@JordanPortales]

I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

[@catsnchaos]

The more I listen to her talk, the more attraction I feel towards her 🥰 I think mindset matters a lot to me.

[@sivajijojodaeganesh7786]

Ms.Lakshmi Iyer has got adorable wisdom in the field of finance. Maam's timely idioms in the local language indicate parenting by wise people. Bad luck for Sharan trying to get her retirement number. She is definitely a master in what she is taking about.

[@somanthbagul1528]

The insights shared by Lakshmi were truly eye-opening and provided valuable knowledge on investment strategies used by the wealthy. Lakshmi's expertise and experience in the investment industry shine through in this episode. Her ability to break down complex concepts and explain them in a relatable manner is commendable. I appreciated how she discussed various investment avenues, risk management strategies, and the importance of diversification. The episode not only provided valuable insights into the investment practices of the rich but also offered practical advice that anyone can apply to their own financial journey. It served as a reminder of the significance of informed decision-making and the long-term perspective when it comes to building wealth. I highly recommend this podcast episode to anyone looking to gain a deeper understanding of investment strategies employed by successful individuals. Thank you to the host and Lakshmi Iyer for sharing such valuable information!

[@sivnag]

Initially i did not think i would watch even 15 minutes%. But ended up watching some parts more than twice. What an energy🔥

[@Sugumca]

Same

[@mitalmukhida]

Woww. What an episode. I loved the way she communicated in a very easy language with lots of easy examples. Had more fun than watching a 2 hrs movie. Thanks for bringing such an amazing guest.

[@TravelwithBrindha]

Watched with 100% attention and got super inspired. Well spent 90 minutes. Thanks for the podcast!

[@divitkarekar5803]

Watched on 1.5x as recommended in the vid and spent 60 mins

[@torquehub73]

dude your podcast and the way of questioning is really remarkable you must bring more financial advisors to get us enlightened.....Thank you and you deserve much...

[@pratiklpatel]

Thanks Sharan for bringing quite a relevant guest to the show.

[@lakshmitejaswi2823]

Great video sharan. Since it's such a long video, it could have been much better about her journey from childhood to this stage. Her family economic status, education, work journey, lifestages of marriage, kids. It is good in relating

[@sunithaneelam2832]

It was a superb podcast !! She is so knowledgeable and full of energy

[@tanmayrgup]

Lovely insights. Her concepts are so clear. And I loved the parallel examples she drew from Bollywood dialogues a few times

[@divyashreen2984]

Her energy of speaking is incredible. Spoke for 2 hr with same energy. Love to work under her

[@kaylawood9053]

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.

[@selenajack2036]

Investing in stocks is a good idea, a good trading system would puts you through many days of success.

[@bsetdays6784]

I’ve been on both end of the spectrum, I was lnvesting on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfoIio-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.

[@cloudyblaze7916]

@@bsetdays6784 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?

[@bsetdays6784]

@@cloudyblaze7916 am being guided by “Mrs Marisol Cordova” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

[@anniezeng4587]

@@bsetdays6784 could really use the recommendation, I've been losing a shit-ton lately, I looked up Mrs Marisol Cordova and I wrote her detailing my Fin-market goals,.

[@ThanosOVERsuperheroes]

she is such wholesome, like her energy and the way she articulates complex concepts in a clear and concise edutaining way! didn't drop a bit. btw can you invite ashneer grover !?

[@pauls8688]

Probably one of the most balanced and sane person dishing out practical advice which can be implemented real time! Kudos to you both 🎉

[@supriyakavali639]

What an excellent Podcast. She is amazing!!!!

[@sundaramoorthyr2394]

Really appreciate for bringing this Podcast. Asking a right question is an art and you have mastered it. Clarity in her thoughts and Explanation in simple language is great. Thanks for the Podcast !!!

[@preranalimaye1385]

Wow !! How great communicator she is !! Amazing ! Worth spending 90 minutes to listen to this lady :).. Thanks Sharan for bringing her on Podcast :)

[@badalkumarhembram163]

Absolutely

[@KrishnaGupta2k3]

Thank you sir for this most amazing podcast. It is great to hear from such experienced person, who come from humble family background and know how she succeeded in her life and learn money lessons from her. Totally hooked to this podcast, learnt a lot from this podcast, you are doing great job. Bring more such 1% people on your show. Kudos to you and your team. Thank you to Lakshmi Ma'am for such great conversation

[@kirteeparab9949]

I hv listen this podcast more than 10 times now..the way she speaks and explained the things its just energetic. Would like to listen more from her so pls invite her for part 2

[@SukunaP]

Totally loved the insights she shared. Amazing!

[@TheViki7]

This is my first full financial podcast and it was instant addiction. Wow! Just wow ! The effortlessness and the spontaneity with which Lakshmi tackled every question was aplomb... She did paint good picture of her financial world and kudos to Sharan for letting her travel with her momentum and impede with obvious questions. Overall great watch and thanks team for putting up a quality podcast..

[@bijuldesai3097]

Superb insight .....Great job and thanks for great knowledge sharing 👍

[@kethaniyer5554]

Bhai kya ladki hae!!! Kitna grounded aur sharp hae....The way she talks is super!!!

[@adityamaram4527]

Great interview. But in between, she suggested finding a coach on social media is something people should not do. That's the place where you lose everything and lose faith on stocks and equity

[@bhanuchandra2791]

excellent podcast and Lakshmi Iyer - you are inspiring with your high spirit through out the interview. Nice to know you .

[@nareshkumar2029]

Lakshmi Iyer powerful and engertic leader pls make part -2

[@chiragverma3650]

Brilliant Podcast Sharan !!! So much insights to learn from Lakshmi in terms of a view of life.. Job.. Markets and her typical Mumbaiya lingos..

[@helium740]

Well explained than a man. Thank you Ms. Iyer and Sharan

[@anandhardas6671]

Very nice episode! You are doing a good job Sharan, keep at it.. Great guest.. bring similar guests in future..

[@tanishroy6691]

Wow!! Such an amazing podcast. Really enjoyed the way she explained most of the things with simple examples

[@chandranramu]

It's a great podcast with Lakshmi Iyer, Great job!

[@gaya3karuna]

Such a engaging podcast.!! Inspiring and she covered everything . Her energy level and clarity in her communication is awesome . Really appreciating Sharan for bringing her to motivate us .. I have taken good insights from this video 🤟

[@SantoshYadav-cs9tg]

Such a super examples and the way of saying was really so much relatable ❤

[@travelmonk83]

That was a great session , thanks to both of you . Got to know a lot

[@mayurigole6256]

What an amazing personality she is ... With excellent knowledge of finance...it was worth watching it

[@shrih8891]

I liked her energy & the examples/analogy she presented while explaining concepts. I see she got her preferences for her employees to be -I respect that but no comments.

[@NaveenaN2709]

She speaks amazingly well and superb explanation

[@nenepriyanka]

Awesome interview Sharan. Simply loved it. I come from engineering background. But very keen in personal finances and savings. Got hooked for whole 1.5 hour long video with full interest. Thank you so much

[@Sujithaphilis73]

Job satisfaction refers to employees' overall feelings about their jobs. It is the state of well-being and happiness of a person concerning performance in the workspace and its environment. It can be an excellent determinant of productivity within a company. Employee job satisfaction is essential for organizations.

[@drsteviejasengnsangma8739]

One of the most intelligent person in the financial world❤ Thoroughly enjoyed every bit of your podcast!!! Truly great people are always humble like madam Laskmi Iyer Thank you Sharan

[@kaurnavneet11]

The most I like the ethics and integrity... of Lady...she is definitely on success journey ..enjoy ur journey

[@jincyshah9136]

Fabbb interview. So many anecdotes, lovely lady and a leader

[@AshokKumar-2113]

Excellent content please keep it up its very useful for new jonaration

[@AnkitG12]

Learning. Keep teaching 🙏.

[@sonis1403]

One of the best podcast i hv ever seen. Make part 2 .. She is amazing

[@frankonaik]

What an energy, absolutely mind-blowing podcast in terms of energy and information

[@ashvan1989]

Excellent podcast. Loved the energy throughout.

[@vaniangadivvani3662]

❤❤ wow! Mind blowing ! She has become my favourite, what an energy and confidence she has ! Thank you Sharan for the great content

[@ayushvarma9657]

Wow this podcast was simply amazing! Her vocab is brilliant too, got to learn so many things other than finance xD

[@chandanc1234]

A great communicator, was good to hear concepts in such day to day simple terms/examples

[@mujadidtalks7562]

Do I really justify earning my bread? What a statement. Shows commitment, passion! You are an inspiration. Thanks @sharan for getting her on the podcast ✌️

[@tsvkanta1336]

Thanks for the podcast, it was nice. But i think, Finance should not restricted only to investment to equity, bonds, insurance. It should include business (online and offline), real estate, and other means of earnings as well. Currently we need to expand our mindset for topic and bring everything that makes money into one bucket of "Finance management".

[@adityapatnaik7078]

all of a sudden she seems more confident......she was so timid earlier ..........way to go girl !

[@hemaaluru8525]

Amazing podcast, thanks sharan for this wonderful initiative of podcast series. Really inspiring and lot of good content which can be understood by everyone easily. This is the first time i came to know about Lakshmi iyer and i have become a fan of her energy and knowledge.

[@divitkarekar5803]

Great podcast,loved it

[@sudhirnarnaware7556]

One of the best interview I have ever seen! Keep doing

[@1sthd]

I've become a fan of her. The way she offers straightforward examples for her explanations are amazing.

[@shobhitbisht7177]

First video of Lakshmi ma’am that I saw and already a fan.

[@sristichoubey]

I am 14 and your channel taught me about money management

[@shanthyshanbhag]

Interesting podcast.. she is an intelligent and articulate speaker.. u should invite more of such guests on the show..

[@gauravarya2419]

Amazing episode Sharan, Lakshmi is the perfect motivator I was looking to streamline my finances and generally near future which is in IT.

[@kishornb05]

Highly knowledgeable video one should watch without any disturbance Amazing words have been used in the podcast Well done sharan....just rocking.... Present such kind of more videos ..

[@sp7685]

Very enlightening podcast. Keep adding more .👍👏👏👏💐

[@mohamedabudhaheer9754]

It’s really interesting and learning from your podcast.. it would be good if you give some gifts to the people who are coming to podcast.. Just a thought from my end.. Happy learning!!

[@baithanglife5571]

She is soo True. Don't spend beyond your earnings.invest-invest-invest!

[@mercyjoe855]

So well said and explained Laxmi ! It was lovely to see you after many years since school days.

[@zonejvm]

All the right questions asked , great effort by sharan , that’s why I follow my man ❤

[@BLOODBR3ED]

The questions he asked in here, are the same questions for which Sharan used to ask for 499/- for his webinar and in some of his webinars there used to 3000 people who used to pay the amount for this free content he published in here. These webinars were so "engaging" that he used to ask people to join his "1% club" at 4999/-. and 600-700 people used to pay for it. Such great financial influencer

[@BabyNaaz952]

Very realistic, enlightening, exemplary, got goosebumps

[@CARohanAgarwal]

She is a brilliant communicator, but the fact that she used lot of Jargons which in the beginning sharan tried to explain but she went on, also the English she used was full of complicated words she could used more simple words to explain, barring this , she was fantastic. Though I didn't learn much since I already know much about the finance part but enjoyed the way she was doing the conversation.

[@rajdichvalkar9937]

if she use high end words then we should pause the video and do little bit search related to those words or sentence so that we try to level up ourselves and keep oneself updated with the scenarios. This will help us to build research and develoment habits.

[@CARohanAgarwal]

@@rajdichvalkar9937 Thanks for the unwanted feedback!

[@shivanimr1949]

​@@rajdichvalkar9937agree 💯

[@notrohan6808]

Indians feel pressure and obliged to use difficult English vocabulary, they feel a scence of superiority by doing so. but they don't realise that they're making it harder for others to understand them which defeats the whole point of communication. People literally try to impress waiters and staff (who earn 15-20k per month) at 5 star resturant's by speaking in English and that too the difficult one. Even if you're speaking English try to keep it as simple as possible

[@vaibhavrane8481]

Hats off to you mam, I got so much inspiration from you. Related health , wealth and happiness. Thank you sharan sir for this podcast.

[@neerajmishra8930]

Lakhsmi Iyer has a good command on the subject of personal finance coupled with great clarity and diction !

[@chhayankmulchandani4812]

Really a powerpack of knowledge podcast

[@waris_loves_everyone]

Wowwww the podcast I have ever watched 👌👌♥️♥️

[@peddireddyvarshith6992]

Loved to watch more interviews....💌

[@chetangupta2612]

This is the best Podcast ever i had seen.❤❤

[@sivanandamdhanapal9393]

Wow amazing podcast what a energy and clarity!!

[@ayushjaiswal927]

Amazing very inspirational as well 👏👏

[@narvind5676]

Sharan mannn this was soo interesting and full of new insights on finance, keep going I hope to see lots more of itt !!!!!🙂

[@parisfantasy7350]

Great conversation 👌..So inspiring 👏

[@PavanRedy]

Do more videos like these as much as so you can 😊😊 waiting for more videos

[@shivamharsh3014]

This was a beautiful free wheeling chat. Lots of take aways!

[@swapnilgosavi8276]

Hi Sharan, great podcast but one small suggestion that please work on Subtitles, they are not up to the mark.

[@amanagarwal7285]

One of the best podcasts I've ever seen

[@ashwinijois3857]

Complete clarity of thoughts, and jargons n analogies to expalin have given me some understanding. I think the masterclass with sharan can b ppstponed now..😅

[@arunjohn708]

Good informative video, every youngster must watch this Good work Sharan

[@deivas1425]

Awesome discussion, please continue the same.. hats off to both of you.. 🙂

[@sshmodi]

Thanks for sharing such an insightful conversation, Good work!

[@adagoudamakannawar4933]

Great session Sharan, superb highly informative expecting such session in near future as-well.