Handling Debt - Good Debt vs Bad Debt / நல்ல கடனா? கெட்ட கடனா?

[@ArunKumar-gg2ej]

That’s exactly how I did last year , snowball effect did marvellous to me I’m debt free man now , feels like I own the world yet with my bare hands 😊😊😊 I would recommend this video to everyone .

[@pugazhkrishna1522]

Thank you, sir. I think this channel is underrated a lot of content and easily understandable language. Last 2 years I'm watching financial-related videos, this channel is one of the hidden gems. I hope this channel will reach within a short period. Today I got your playlist quickly I will complete it all. Simply and Superb.

[@InvestmentInsightsTamil]

Great to hear!

[@ceylonkitchen8992]

Nan unga Vijaya mohan neenga pathukitu irukarthu investment insights......intro enaku romba pidikum

[@RamKumar-so7sr]

Last word Ultimate Venumnu Nenacha kadan ha kudukama mudunchatha kudunga✌️

[@ranjithk6739]

Hi sir ., I'm n my 27 age and working in IT ... Ur videos inspired me a lot .., I'm planning my life expense and investments like u said ., Ur a financial mentor to us. . Thank you sir 🙏

[@InvestmentInsightsTamil]

Great to hear that. My best wishes...

[@mayilvagananm8064]

Excellent sir, the second one snowball method good ,applied my all debt... yesterday onwards. Your advice cleared too. Great work. Your all vedio useful to Tamil people. Getting free psychologically...to concentrate my new startup business.

[@InvestmentInsightsTamil]

Great to hear that 👍

[@mohamedashlam6134]

என் அறிவு கண்ண துறந்துடிங்க 🙏🏻 நன்றி I understood that without knowing these concepts I followed the debt snowball method. Really really helpful.. Thank you sir.

[@balasubramaniannatarajan9792]

Hi sir. Thank you. Ready credit is also an example of bad debt.

[@SanthoshKumar0a1]

My financial condition slowed down for 2 years, A family threatened me and took over huge money. I feel it is paid for my peace. I follow simple life and don't own vehicle nor luxury item but I have invested right from the time I started earning. Keep posting video, Thank you

[@sahasentme]

Sir how to pay housing loan shortly

[@dumaxengg8467]

Final statement semma ....its really mean it....

[@shainsha7859]

From my side I will appreciate you by making your subscriber round off 1000 all the best for your future

[@InvestmentInsightsTamil]

Yay!! Thats wonderful!

[@johnny_bravo9990]

Caption is very good 👍 very helpful

[@suminthar1]

Very informative. I use credit card only when I have full cash to pay. - will utilize for cashback or reward points purpose.

[@InvestmentInsightsTamil]

Thats very smart.👍🏽

[@deagoanand299]

Nice Speech sir, Thanks for your Financial ideas, and yr Voice is very clear & Supper 👏

[@sasikumars2964]

GOOD STRATEGY..

[@georgeprem3532]

Thank you sir. First time watched your video. Real eye opener!! I subscribed to your channel. Keep posting more informations. Love from Kuwait.

[@sanjithkumar1466]

last ah sonna kadan matter super

[@BK_menu]

💯 % true about credit card.Many people think that CC is necessary.But it’s not 🙏

[@suthakar5065]

Watching your videos continuously 🔥 I can't stop

[@vinothjayaram6406]

As usual Super Video. Finishing is Ultimate. Kadan Uravai Murikkum. It will be useful for many if you suggest how to get back loan amount from relatives. ☺

[@InvestmentInsightsTamil]

🤣

[@DAZLER1947]

Very good sir started following from yesterday.

[@keerthivasanp533]

More usefull information sir..ur channel will reach more heights...

[@senthilkumarsenthilkumar]

Great sir...

[@viswanathprabhaakaran1902]

getting loan vs taking it from investment. which is preferrable?

[@saravananvaradarajan2520]

Watching 20th Video in a row from your channel... I liked all your knowledgeable contents. You have sharing priceless information over KZbin streaming which we respect Sir!!! Please continue your good work.

[@InvestmentInsightsTamil]

Glad to hear that!

[@bekumar4098]

Thanks for valuable information 👍

[@visvanathan5404]

The last punch was super 👏👏👏

[@velumani1887]

Lecture very nice. Practical.

[@sathyaabn2406]

Thank you!. Very informative video.

[@raghuramachandranvijayaram4616]

Hi Vijay, Happy Holidays :) Though I already have knowledge in some topics you are covering, I will not miss your single video because, you are giving more value in that topic from your perspective and sharing the tools like calculators. Thank you so much! Very useful thing which I got from you is the plan to reach financial freedom. 5 year expense as investment to 25 years expense as net worth :)

[@InvestmentInsightsTamil]

Happy Holidays to you as well! Glad that you like the content. Thank you for your support and your kind words.

[@selvasrinath5147]

Sir vera level explain ...thq Sir

[@MrGensen]

Which is the best investment?

[@qazwsxedc1250]

Super topic and semma explanation 👍👍👍👍👍

[@sudhasaipradeep7782]

Thank you for the insights sir, learning alot. Shouldnt the loan, which has the highest interest pending be paid out first. Lets assume there are 2 loans, one home loan was just taken and another home loan was taken 8 years back. now the 1st loan should be paid off first right, as the for the 2nd loan, all the interest has already been taken up by the bank... pls let me know your views on this...

[@InvestmentInsightsTamil]

Yes. For debt avalanche method, loan with highest interest should be targeted first, regardless of how old the loan is. See it as, we pay interest on remaining balance. Regardless of whether the balance is big or not, paying off highest interest loan first makes sure that we pay less interest over time.

[@showmarker]

final touch ! great !!

[@martinarokiyasami3562]

It's really great effort and intention what you have. Amazing that you want yo know other peoples to learn from your experiance. Hats off. Ellarukum intha manasu varathu sir🙏🙏👍👍👍👍 Your channel will reach next level bro💞💞💞💞

[@InvestmentInsightsTamil]

Thank you very much for dropping such a nice note.🙏🏽

[@annamalai0609]

Really got addicted to the bgm....feels cow boy bgm

[@InvestmentInsightsTamil]

Yeah, it is western music.

[@ponssap]

I am using credit card for the past Seventeen years and paying the complete due amount every month. No more amounts carry forwarded to next month. In fact I received points for spending... and from that points... I approximately received more than 25000/- Rs benefits by converting that points into vouchers and gifts. But still I feel we are spending lavishly when buying something through credit card. Be careful while using credit card... because sometimes it ends up with shopaholic.

[@ndvk2460]

Superb and valuable information ... good advice too ... keep going sir

[@InvestmentInsightsTamil]

Thank You!🙏🏽

[@nithyanandhandharman8484]

Very well explained Vijay, especially the finishing touch, we can relate that...

[@InvestmentInsightsTamil]

Glad you liked the content.

[@shainsha7859]

You doing very good job ayya Nandrii

[@vasudevansivalingam8494]

Interesting topic and everybody should understand this topic. Thanks for the explanation 👌🏾 👍.

[@InvestmentInsightsTamil]

My pleasure

[@radharamaswamy6537]

Sir, All your videos are good, informative and brief. Can you also do a video on home budgeting and savings?

[@karthicvenkatesh]

Wonderful sir. Learning a lot from you. One question - is it a good choice to make use of 0% interest balance transfer (3-5% processing fee) to settle higher interest personal loans?

[@InvestmentInsightsTamil]

Yes, if you can pay off the balance before the actual CC interest kicks in. If there is any risk of paying off, then it is better to avoid that.

[@karthicvenkatesh]

@@InvestmentInsightsTamil Thank you 🙏 sir

[@k.kumaresankadarkarai3440]

Very useful tips

[@sukeshsharan6620]

Sir, can invest TATA AIA Life insurance fortune guarantee plus

[@vigneshce]

I recently started watching your videos and it’s very much helpful. I’m an NRI and I have sufficient bank balance, but I have a disease, I’m mad in cars and bike. Since I work on rotational assignment, every alternate month I come to India, I feel like buying something. Especially when I find some really good deals on used cars or bike. At the moment, I got 2 cars and 5 bikes. How to get rid of this habit

[@InvestmentInsightsTamil]

Read "Atomic Habits" by James Clear. He has some good suggestions on how to get rid of bad ones and build good ones.

[@vigneshce]

@@InvestmentInsightsTamil thank you Vijay

[@verygood3333]

Sir Very good experience

[@karthimanisharemarket7535]

Last dialogue semma sir🤩🤩🤩

[@sivakumarkandasamy8828]

Hopefully Tamil NRIs will be wealthy in the future

[@wonderworld3021]

Fun and interesting speech

[@RamyaBai7]

Great Sir. Well said!👍

[@ashwin147]

Thanks for the excellent content

[@InvestmentInsightsTamil]

Glad you like it.

[@dharunloganathan]

Simply awesome👏👏👏 sirji...

[@InvestmentInsightsTamil]

Thanks a lot 😊

[@devaprashanth5764]

Sir, magalir loan and seetu podurathu namaku gain ah ? Pls talk about this topic.

[@InvestmentInsightsTamil]

Magalir loan pathi enaku theriyala. Aana Seetu podurathu avoid pannikonga.

[@sarawananganesan5772]

Sir question, Example we have car loan $10000 and monthly installment $1000. Let say we emergency fund and have extra cash of $10000. Should we settle the debt with $10000 or invest the $10000 & continues with monthly installment?

[@InvestmentInsightsTamil]

Would you be able to generate a growth that is double than car loan interest? that is, if the car loan is 3% and if you can generate a return of at least 6% with 10K, then you should invest rather than paying off the loan. If you cannot, then you should repay the loan.

[@BK_menu]

Car insurance monthly ? Why monthly ?

[@victorveerasamy3590]

Excellent Sir New income generating video podunga Sir

[@InvestmentInsightsTamil]

The only income generating strategy I know is "Stock Market". Not really an expert on the rest. But I will definitely share what I know. Thank you!

[@victorraj5362]

@@InvestmentInsightsTamil I have two debt one is personal loan and another one friend gave me.. Which I need to concentrate. Note personal loan will closed in another 6 month.please suggest which I need close priority

[@victorraj5362]

I have two debt one is personal loan and another one friend gave me.. Which I need to concentrate. Note personal loan will closed in another 6 month.please suggest which I need close priority

[@naveens4594]

Beginners,those who start to learn about personal finance and stock market in covid times are feeling fear of missing out as stock market are making new all time highs every day. How to approach investing in individual stocks in these times?

[@InvestmentInsightsTamil]

No one can do the market timing consistently right. It is not worth trying. Better to keep investing regardless of how the market is. When we see that market is pushed down because of uncertainties like COVID, we should see that as opportunity and try to increase our investments during time like that. But if we have waited too long for the market to bottom out, we will not get a chance to reenter the market - like we are now. So for now, my advice would be to enter the market little by little every month. Keep investing.

[@naveens4594]

@@InvestmentInsightsTamil Thank you

[@PraveenKumar-bw9nu]

Sir is taking personal loan and buying gold on the loan amount is considered as a good debt or bad debt ?

[@InvestmentInsightsTamil]

That will be a bad debt. We should not be taking personal loans for any kind of investment.

[@ranjithatpr8758]

Calculator ah epdi use pandrathu nu therla anna indian rupees ku athu dollar la thane varuthu

[@victorraj5362]

I have two debt one is personal loan and another one friend gave me.. Which I need to concentrate. Note personal loan will closed in another 6 month.please suggest which I need close priority

[@InvestmentInsightsTamil]

Depends on which one has more interest. My suggestion would be to target the biggest interest one.

[@LokeshbabuSr]

I was waiting for personal loan topic. Unfortunately it's not covered in this video. I am paying my 40% of salary as EMI with 3 more years loan due. As u mentioned I am trying to increase my salary. But how do I manage my personal loan sir. ?

[@InvestmentInsightsTamil]

Try to pay it off the same way as suggested in this episode.

[@cbeshyam07]

Old car is a double edged sword 🗡️, I have met people who have bought old car and spent a lot in repairs finally sold it and got a new one. All the expenses they incurred went down the drain.

[@InvestmentInsightsTamil]

Did they buy an American/European car? Toyota/Honda should hold up well. But even then, there is no guarantee that a person would not end up with a lemon. Old Accords are known for transmission issues too. Still, the chances of Toyota/Honda giving us repair bills are rather slim.

[@InvestmentInsightsTamil]

BTW, the car I mentioned in the video was Mazda 626. I ended up owning it for 12 years. Solid car. That specific model is known for issues. Fortunately, I ended up with a good piece.🙂

[@cbeshyam07]

The person I mentioned bought a Nissan ultima and had undergone so much of expense

[@InvestmentInsightsTamil]

hmm... with Nissans, it is a toss - just like my Mazda. In general, Corolla, Camry, Rav-4, Civic, Accord and CR-V are solid cars.

[@muthukumar-kp8jb]

Super sir 👌🏼👌🏼

[@painreliever1728]

Your subscriber base is inflating..👍

[@aravindr9126]

sir u r great

[@karthickr5234]

Sir, Interesting topic, really Appreciated👌😀👍🏼 One doubt: Pledging loan against gold will comes under which category. Kindly explain

[@InvestmentInsightsTamil]

Same logic applies to that as well. If the profit from that loan is higher than 2 x interest paid for that loan, then it is a good loan. If there is no profit or if profit is less than the interest paid, then it is a bad loan.

[@manojkumar-qd8cn]

Hello Sir, Your videos are really good. Please share your thoughts about the cryptocurrency currency.

[@InvestmentInsightsTamil]

Watch the bitcoin series in this channel.

[@kamalashgovindaraj5245]

Thank you sir

[@sudharsanshanmugasundaram5181]

Kadasi punch dhan mass! "Kadan Anbai Murikum" 🤣

[@s.suganyavijay3472]

Sir vanakkam, I have housing loan 8laks ,7.1%, interest sbi, 2020 la than potten,monthly 12500 EMI,I have jewel 20 pouns gold loan pottu housing loan ah finish pannalama

[@vigneshrajap]

Hello , gold loan intrest rate rmba mukkiyam. 8L house loan ku 7.1% intrest soldringa. But gold loan ku atha Vida kooda intrest abdina, better house loan pay panniralam.

[@s.suganyavijay3472]

@@vigneshrajap 🙏🏻

[@rkstarzz2222]

Hi Vijay, I'm Ram 23yrs old from Netherlands. I came here for my Master's which costed me an education loan of 32lakhs + 8.5% annually. It has been 2 yrs and I have 10 more yrs. Do you think I should pay this debt faster and finish it off as soon as possible or pay them slowly by investing the rest in Index funds FYI: I'm financially stable with good middle class family background

[@InvestmentInsightsTamil]

8.5% is a high interest rate. I would pay off that loan first.

[@Riyazshahulhammedhaniffa]

Very good explanation I need clarification taking home loan Property value 30 to 35 lakhs Down payment 20 lakhs Balance 15 lakhs loan Is it good decision to take loan Thanks Riyaz Qatar🇶🇦

[@InvestmentInsightsTamil]

Totally personal choice. I dont see why not.

[@srinathKC]

If credit card gives you 2% interest loan then it is a good debt.

[@sivakumarkandasamy8828]

you mean balance transfer?

[@srinathKC]

@@sivakumarkandasamy8828 yes

[@naveenbabloo8449]

Volume is too low at source. Please use a better mic sir

[@InvestmentInsightsTamil]

Thanks for the feedback.

[@Bharathselvam1]

Friday? Sunday? You upload always on Sunday

[@cbeshyam07]

Thanksgiving holidays

[@InvestmentInsightsTamil]

Thanksgiving holidays helped to do it earlier this time. 🙂

[@balajimurugan8194]

Ohh no... did you pay $600 every month for insurance ? 😱 Thanks sir for the excellent content. Simple n very informative .

[@InvestmentInsightsTamil]

I did. And you know some of the mistakes that we did as kids, still come back as nightmares? This is one of them. Have come long way since then. 😂

[@kalimuthu.guru1]

Sir, Need brief explanation about US-Mutual fund selection. From India how will plan and start an investing with viable source. Earlier you were explain about Nasdaq & S&P500 fund but that hasn't suffeciant to understand and initiate. Looking separate details with proper platform. Kindly do me a favour as soon as possible. 🙏

[@InvestmentInsightsTamil]

For buying the mutual fund, you can use either groww or kuvera. groww.in/ kuvera.in/ I have not used either of these. But I am seeing good reviews on both of these. After opening the account, you need to buy the following funds. groww.in/mutual-funds/motilal-oswal-nasdaq-100-fof-direct-growth groww.in/mutual-funds/motilal-oswal-s-p-500-index-fund-direct-growth Hope this helps! Good Luck!

[@karthikeyansugumar20]

US MS in 4 lakh ah!! Enna oru 20 years ku munadi irukumo 🤔

[@InvestmentInsightsTamil]

ama.

[@mohamedfaizal414]

❤️❤️🔥🔥

[@ahilesh228]

Super sir

[@ashokkumarsudarsanam5908]

♥️♥️

[@razzak070]

I never use my credit card n never exceed a month 150$……even though I can afford to have 10K $…..😃

[@Beat_the_Inflation]

Credit card is injurious to life

[@arunkumarradhakrishnan7734]

Very interesting presentation as usual 🙏; can you please share your Twitter Id to follow?

[@InvestmentInsightsTamil]

Thank You! I am not really active in Twitter. But I do have a twitter account - @InvstmntInsght.🙂

[@drfalcon5628]

Thank you sir

[@perumalkumar9647]

Thankyou sir....