Investing in UK vs INDIA | Which is the Better Option?- Listener Question.

Is it better to Invest in India or UK? This is a listener question by Arun. Huge caveat- this is my personal opinion, please do your own research before you invest your money.

[@JeenaJoseTheMoneyMentor]

Let me know where you have invested your hard earned money. ❤️

[@JeenaJoseTheMoneyMentor]

@arun, wow that's really kind words. Thank you very much 🙏. My email address is [e-mail]. If you found the video useful please help me too by forwarding it to your friends . 👍

[@arunraja5949]

@@JeenaJoseTheMoneyMentor thank you 🙏 Sure I will forward to all our Indian friends who live in UK. Hope in the coming days I can expect some more useful videos😃

[@AnnaWalterr]

Are you interested to invest to earn

[@jinsonjoseph3638]

Where can I invest in uk?

[@drjoelpaul]

Jeena - The systematic approach you have adopted to consider the pros and cons of investment in UK vs India is very useful indeed ! Thanks for making this video 👍🏽🙂

[@JeenaJoseTheMoneyMentor]

Thank you Dr Paul 😘

[@pallavilande9282]

Wonderful video Jeena! Thanks ever so much for sharing!

[@JeenaJoseTheMoneyMentor]

Thanks Pallavi

[@jmu706]

A very good point about value of pound vs rupee over 20 years.. this makes me think .. very nice video. Thank you

[@christineherbert4937]

Hey there!!! Thanks a lot for making these videos!! Really helpful for indians working in the UK. 👍👍😄😄😄

[@JeenaJoseTheMoneyMentor]

Awww thank you for your kind support 🙏

[@bharathi1473]

Great going Jose, happy to see u growing ❤️, stay blessed 🎉

[@JeenaJoseTheMoneyMentor]

Thank you Bharathi for your love and support 😘

[@SBN-er4tq]

I am in the exact dilemma, but this video is very useful. Thank you for putting together with elegant comparison. 👍👍

[@JeenaJoseTheMoneyMentor]

Glad you found it useful. X

[@siddhidprabhu]

Great job....was just finding for such content to help a frnd in uk

[@JeenaJoseTheMoneyMentor]

Thanks Siddhi. 🤝

[@praveendanam5313]

I missed this useful Video. Very useful information.

[@sukuchella]

Very good analysis. Thanks Jeena

[@JeenaJoseTheMoneyMentor]

❤️

[@nazashquotes1502]

Thank you It’s really helpful

[@suhailsabharwal4358]

Very informative video! Thank you.

[@JeenaJoseTheMoneyMentor]

Thanks Suhail

[@aavach]

Hi Jeena, I'm your first time viewer. Appreciate the topic you selected, which I couldn't find a similar comparison in KZbin.

[@JeenaJoseTheMoneyMentor]

Thank you, bro. I'm hoping to be back in the new year with more videos.

[@aavach]

@@JeenaJoseTheMoneyMentor that would be really helpful, considering large volume of people moving to UK😊

[@JeenaJoseTheMoneyMentor]

@@aavach thank you for the encouragement. 🙏

[@riyazk8534]

Well explained. Thank you for keeping it simple.

[@JeenaJoseTheMoneyMentor]

Thank you Riyaz.

[@iiqrah]

This was such a great and informative video!! Appreciate the extra info on what to do with the pension and ISA account once someone decides to leave the country. Would you be able to list any resources on limitations/requirements on what to do with my investments once I do decide to leave the UK? So glad to have found your channel, instantly subscribed!! 💯

[@JeenaJoseTheMoneyMentor]

Thanks for your very kind words, sweetie. Here are 2 strategies if you leave UK 1. Pension - You can transfer via QROPS to several banks in India. Its a time consuming process, but can be done quiet easily 2. ISA- close the account and take the money with you or leave the money invested and withdraw as you need.

[@praveendanam5313]

Very useful information. Thank you.

[@JeenaJoseTheMoneyMentor]

Praveen Sir. Thank you. BTW- uperi super 👌😋

[@debasmitag2009]

Very informative video with crisps and clear notes

[@JeenaJoseTheMoneyMentor]

Thank you. This comment has made my day 🤗❤️

[@aswathig6192]

Well researched , thank you

[@JeenaJoseTheMoneyMentor]

Thanks Aswathi. You are very kind 🙏

[@vloggingwithsonia]

Hi Jeena, I love your videos. They are crisp and clear. Can you please tell me what are the good ways to save some money as a beginner? Saving money to buy a house in the UK. Expecting some wise steps from you. X

[@JeenaJoseTheMoneyMentor]

Hi Sonia, Thank you for your really kind words. Have you looked into opening a Lifetime ISA. You can get up to 20% return on your money. And more than that if you have a partner, both of you can have one. This is great option for saving for your 1st home. Good luck

[@aavach]

Hi Jeena, I'm your first time viewer. Appreciate the topic you selected which I couldn't find a similar comparison in KZbin. Will I be eligible for lifetime isa if I have a property outside UK?

[@himanshup18]

Very informative video. Can you please guide if it makes sense for someone who has moved to the UK in the last one year and is employed with a non UK employer to go for mortgage and whether he/she would get a mortgage. Thanks

[@JeenaJoseTheMoneyMentor]

What is your plans after your ICT visa finishes? If you are staying back then it would make a some sense to buy a property. But if going back in 4-5 yrs its much better renting.

[@tawdesanchi]

Hi Jeena, Good morning! Hope you are doing well. I had a question regarding the private pension investment in UK via your company. In future if I plan to return back home( India) can I transfer/ withdraw the entire accumulated amount. It would be of great help if you could draw some light on this aspect. I tried searching for documentation on this topic online. I was unsuccessful in getting any insights on this topic specially. Kind regards!

[@JeenaJoseTheMoneyMentor]

Hi Sanchi. Hope you are well. I am fine thank you. Just enjoying a chilled out weekend. We are in a similar position too. My husband contributes to his pension via a limited company. You will have 3 options to withdraw your funds 1. Withdraw the whole amount and transfer the amount to different investment/ savings options in India. The big downside is Pension withdrawal is classed as income. So depending on your income tax band you will pay the taxes. So If your annual income is 150K plus you will pay 45% tax + national insurance 2. Transfer the pension fund as it is to an overseas pension fund. There are several big banks in India offering this service. They have information about this (QROPS) on the gov.uk website. 3. Leave the money invested here. And transfer the money annually or biannually. You will need to speak to an accountant both here and in India as there maybe some residency needs to be met for tax purposes. Hope this helps. This is an interesting subject. Think i will do a video about this soon.

[@printz0071]

Very nice explanatiom..

[@karthikeyanr9113]

Hello Sister, this is a very informative and useful content. Keep moving forward. Actually, I'm new to UK (London), I'll be stay still one year may be extend another year. Could you please advise which is the best and safe-full investment/saving during these time. I wanna start from now, then only when I return to back-home I'll be have some meaning full amount.

[@JeenaJoseTheMoneyMentor]

Thanks, Bro. Very kind words. If you are saving for 1-2 years, it's not advisable to invest in the stock market. Savings accounts are paying 4-5% interest, which is pretty good for short term savings- look at chip bank. Also, if you are saving money each month, the look at a regular saver - first direct regular saver - is 7%.

[@beanyemmanuvel7834]

Im a UK citizen, wish to invest in indian mutual funds, is that possible? If yes, how?

[@sowmiya5886]

Very comprehensive points

[@JeenaJoseTheMoneyMentor]

Thanks yaar ❤️

[@JeenaJoseTheMoneyMentor]

@Arun Raja, I hope this answers your question. Let me know what you think.

[@roshnipriscilla3687]

Akka super useful video again..... I am ZERO in finance and etc and need to read about every terms u have used. Just a basic silly question, is there anything like RD, FD like in India, available in UK ?? or any beginner investment ideas please. Thanks & ❤️ from Coventry

[@JeenaJoseTheMoneyMentor]

There is nothing quiet the same....but you can look into fixed savings account. Just Google it. I know you are looking to buy your first home. I hope you have maxed out Lifetime ISA allowance in both your names. X

[@roshnipriscilla3687]

@@JeenaJoseTheMoneyMentor thanks a lot for your reply Akka 🙏

[@SandeepGupta-uc6lo]

Hi, nice video. Are you fine, haven’t seen your videos for quite sometime

[@JeenaJoseTheMoneyMentor]

Thanks for your concern, Sandeep. I am fine thank you. Just being consistent on KZbin is hardwork when you are trying to fit it in your 'spare time'. X

[@avernushoyguy]

How can NRIs living in UK on Work Visas ineligible for settlement, invest in the US stock market?

[@sivadasbalakrishnan5711]

Jeena ,Thank you for video. I recengly moved to the UK. I intend to stay for a minimum of 5 years. Currently i have opted in for pension. What happens to my pension contribution if there is a possibility of me relocating to india?

[@JeenaJoseTheMoneyMentor]

Is it a govt sector pension or pvt sector pension?

[@sivadasbalakrishnan5711]

@@JeenaJoseTheMoneyMentor thank you so much for your response. Recently moved to the UK your videos are of great help. I work for private automobile company,I opted standard pension deduction of 4 percent.

[@JeenaJoseTheMoneyMentor]

@sivadasbalakrishnan5711 there are several options for transferring a pension to India. 1. Receive your pension in india- there are a few platforms that allow the pension to be received abroad ie AJ Bell, Interactive investor. It does not matter if you are not with this platform now, just need to move your pension to this platform before you leave the country- takes about 2 months for all the process. 2. You may just want to receive your pension fund to a nominated bank account here and transfer to India as you see fit- good idea if you plan on visiting here/ still have children in UK when you retire in India. 3. If you do not want to wait till retirement and want to transfer the funds to India- you can use Qrops transfer- lots of info on gov.uk. basically transfer to a bank with certain nominated funds in India.

[@sivadasbalakrishnan5711]

@@JeenaJoseTheMoneyMentor thank you jeena. Very useful

[@anilbitmech]

To be honest one should invest money in the country they live in..the biggest threat is Rupees devaluation which we are constantly observing from past 3-4 years.. Investment for future solely depends on current situation.

[@JeenaJoseTheMoneyMentor]

I agree 100%. One should invest in the country they reside in- and maximise the tax breaks. 👌

[@r_kuruvi]

Interesting 👍

[@JeenaJoseTheMoneyMentor]

I'd love to know your thoughts too....

[@radhikareddy2989]

Hello jeena.. thanks for your video..in order to take home in 2years with LISA we can get returns around 20k pounds including partner.If we want to save money to add on that for down payment and also for other expenses,what is the best option to start investing money to get good and safe returns in 2-3 years. kindly let me know with details. Thank you 🙏

[@JeenaJoseTheMoneyMentor]

Hi, you really shouldn't be investing money that you will need under 5 years. Since your time line is 2-3 yrs look at savings account, which (thanks to inflation) has a decent interest rate at the moment. The best options for you are regular savers if you are saving money each month- upto 7% interest and you can have multiple regular savers. The next option is to look at fixed 1 or 2 year savings- so money is locked for that period- like our FD's in India. The final option is just a normal savings- rates are over 3% at present. I just look at martin lewis website for the best buy tables. I have done a similar video on saving money for the short term- kzbin.info/www/bejne/n6GxoqOEmrhlmKs. Good luck.

[@JeenaJoseTheMoneyMentor]

Oh, also, look at LISA again. There is a lot of bad press at the minute as the Max house price with LISA is 450k. Since the house prices have gone up quite significantly recently, the LISA has not gone up to reflect this. The 450k is mainly a problem if you are looking to buy in the South of England. The rest of the UK will mostly be ok..

[@SAJIMARUTHA]

is trading 212 reliable for investing?

[@JeenaJoseTheMoneyMentor]

Trading 212 is a reputable UK platform but more designed for trading (as name suggests) rather than investing.

[@siddhidprabhu]

Ma'am just to correct your last point Zerodha upstox doesn't have our money. It's in demat cdsl that's custodian of my shares

[@JeenaJoseTheMoneyMentor]

I see thanks for pointing this out. 👍

[@digikalki66]

YOU DONT KNOW SHIT!!! APPS STATBILITY??? COME ON!! AND WHO TOLD INFLATION IS HIGH??? ITS 5% NOW... AND UK IS WAY HIGHER...THAT ECONOMY IS DECLINING@@JeenaJoseTheMoneyMentor

[@experiencethecreator6271]

Jeena mam i want some suggestion from u

[@JeenaJoseTheMoneyMentor]

Drop me an email- [e-mail].

[@sarankumarputhenpurayil6811]

Awesome info 👍

[@JeenaJoseTheMoneyMentor]

Thanks Sarankumar. 😀

[@sarankumarputhenpurayil6811]

@@JeenaJoseTheMoneyMentor hi mam, could you pls make a video on investing in precious metals(gold) and best app with regards to dividend investing.

[@JeenaJoseTheMoneyMentor]

@@sarankumarputhenpurayil6811 I will work on it. Thanks for the suggestions

[@yash2987]

As a student where i could invest if i am coming to uk for study.

[@JeenaJoseTheMoneyMentor]

Hi Yash, good luck with your move to UK. Before you invest, it's good to have a small Emmergency fund and have paid off any personal loans etc. Once you have this and still have surplus money only them consider investing

[@abhijeet.singh19]

American market is overvalued. There are 60 analysts following one stock. India has some amazing misprized assets where generating alpha is super easy. Let me know if you want to discuss. I am in London.

[@JeenaJoseTheMoneyMentor]

Thank you for this. I am a passive investor and not really interested in analysing single stocks and reading their charts to maximise profits. And I feel if you put into account the transactional costs of sending and getting money back and add the time you spend on this....there is very little difference.

[@abhijeet.singh19]

@@JeenaJoseTheMoneyMentor in terms of the currency arguments that can be negated by investing in pms which invest in usd terms from Dubai and give you return on usd terms. Also it is passive. Passive in uk cannot compete with passive in emerging markets. A lot of pms have 26 percent CAGR compared to the measly 6 to max 10 percent in uk. A 26 percent CAGR over 20 years is 128x times money whereas at 7 percent it takes 10 years to double money. There is just no argument for investing in the uk in my humble opinion.

[@JeenaJoseTheMoneyMentor]

@@abhijeet.singh19 I have been investing in emerging market shares from the UK. 2. Investing through a Portfolio management service is not passive in my opinion. And why would I transfer the money to dubai to invest in US stocks- sounds awfully complex even for a seasoned investor like me. But like you said....everyone has their own method of investing and growing their wealth.

[@abhijeet.singh19]

@@JeenaJoseTheMoneyMentor pms investment is better In my opinion because they have a concentrated group of highly researched stocks which have a much higher chance of growing your wealth than indexing because indexing blindly allocated money to 100 of stocks that means even if you have one stock which goes 100x and assuming even if the remaining are at 0 return net net even then the portfolio goes up by just 2x and it may not be enough to beat inflation. So the fees that you pay to pms is bang for the buck :)

[@JeenaJoseTheMoneyMentor]

@@abhijeet.singh19 I beg to differ.....there is plenty of well researched evidence to prove that over the long term- ( investing should be long term) - a well diversified index portfolio beats any managed fund hands down!

[@anubinjoy]

in indian market i will invest.

[@JeenaJoseTheMoneyMentor]

Excellent 👍. Like I said several times in my video, it was only my personal opinion.

[@amudhasrinivasan9561]

I too invest in India.. only

[@tomsjose4u]

Did you forget to mention CORRUPTION 😕?

[@JeenaJoseTheMoneyMentor]

😪

[@harnamsingh9836]

India is much much better for Investment than UK.

[@JeenaJoseTheMoneyMentor]

Like I said at the start of this video. The video is my opinion. 🙏

[@amudhasrinivasan9561]

His point is true as India now become globally competitive than UK in coming years it's more better than uk 10 times as per economist also it is wise to invest in India

[@anilbitmech]

@@amudhasrinivasan9561: India is growing economy and UK is already grown economy, that’s the reason for lower returns. India still needs to go miles away..

[@arunraja5949]

Hi Jeena, First up all thank you so much for considering my request and did the video for me. Hat’s off up to you 👏👏👌👌 I really appreciate your effort! I hope this video will be very useful for all the Indians who live temporarily in the UK. I completely agree all of your points and it’s very useful for to decide where to especially QROPS pension concepts. I haven’t invested in India yet and I will consider doing it the UK. I think your analysis is crystal clear 👏 kindly provide me your email address to contact you and ask some questions.

[@JeenaJoseTheMoneyMentor]

Thanks Arun. X