Building Wealth (Ep. 3) - Accumulation Phase (தமிழ்)

This is the third episode in the series of "Building Wealth". Accumulation Phase - The first and most important phase in building wealth is explained in detail with examples on how we can achieve it.
Web: vijaymohans.co...
Building Wealth Series:
Episode 1 - Developing Financial Knowledge: • Building Wealth (Ep. 1...
Episode 2 - Delaying Life Upgrades: • Building Wealth (Ep.2)...
Episode 3 - Accumulation Phase: • Building Wealth (Ep. 3...
Episode 4 - Growth, Independent and Abundant Phases: • Building Wealth (Ep. 4...
Episode 5 - Long Term Planning: • Building Wealth (Ep. 5...
Episode 6 - Equity Portfolio Recommendation: • Building Wealth (Ep. 6...
LinkedIn: / vijay-mohan-sn
Twitter: / invstmntinsght
#VijayMohan #InvestmentInsights

[@InvestmentInsightsTamil]

If you have not watched the First two episodes in this series, here are the links: Episode 1: kzbin.info/www/bejne/j3XSi6mvmddsbLc Episode 2: kzbin.info/www/bejne/fHPRnX2Ol7Scj5I

[@DrNG-ki7iq]

These videos are the ones I pay my internet bills for. Thank you sir!

[@minter7684]

⚡💯

[@karthickkumar768]

Sir u r really gentle in teching about investing and keep going and one small request that please release video for frequent basis as we can learn from u more 🎉🎉🎉🎉

[@anantha.s1266]

This video is a pat on my back 😎🙏. Having said that, listening to other playlists of this channel made me realise some of my bad investment strategies and need to do course correction. Wush I have seen thiss video earlier 🤣🤣... Totally indepted for the knowledge shared. Thank you very much.

[@sindirasridhar2985]

பாராட்டுக்கள் தெளிவான விளக்கம் புதிய தகவல் தொடரட்டும் நற்பணி மிட்சுவல்பண்டுகள் அலசவும்

[@samrajnatarajan3259]

in every one of your videos, I can not contain my surprise about your clarity, maturity and confidence about financial plans and growth. I know many CAs who are finance directors and they have no clue about their personal finances. we can give only one thumbs up for each video or i would give you several.

[@InvestmentInsightsTamil]

Thank you for those kind words.

[@VarunKGR]

You really deserve 1M subscribers with more than 10 Million views. Will surely become one in the coming days. Such a sacred knowledge being shared. Great work !!!! God bless you Vijay sir !!!

[@InvestmentInsightsTamil]

Thank you for your support. I do not need 1M subscribers when I am getting positive comments like this. It totally justifies the time and effort I am putting on this.

[@VarunKGR]

@@InvestmentInsightsTamil I do not know people will follow, but once they fall in track, they become invincible. Unfortunately only chosen ones get this. Thats the design of Mother Nature. Thank you once again sir !!!

[@rajeshrs83]

Awesome, these videos should be saved and shown to young kids..... And what you are saying 100% correct. Thank you Vijay for making this video

[@ajithkumara7199]

Neenga solrathu ellaame crystal clear ah irrukku sir. Thank you

[@vigneshsundar6732]

I really liked the little caveat to people like myself starting this journey frameshifted 10years later to what is recommended generally. Could you do a series on people starting in different age phases? At some point.

[@Food_Travel_Vlog_BySethu]

Sir vanakkam ... I'm following for last 2 weeks ... Thanks a lot for your views on life ... I feel very unfortunate bcoz i did all the mistakes which you have explained here ... I'm 30 now ... Even though I feel fortunate bcoz i have seen all your videos ...

[@Barathwaj-pz3mg]

Sir one small key takeaway for your good self ..other youtubers videos usually not concentrating on the updates every year, because things may change. Please continue this channel and update the old topics with new updates, that will definitely be working in long run sir... Please pardon if anything wrong I told please...

[@jayakrishnanr.v8927]

Really Appreciate and very much Proud of You Brother...such a clarity.. As a Financial Student greatest opportunity to learn.

[@dill5233]

I just saw one video of yours..I realized this channel will hit 1 million subs soon..

[@kanagarajramasamy5442]

Excellent Vijay Mohan Sir

[@karthikeyansubramaniam6553]

I subscribed just one day before. But it seems i saw close to 15 to 20 videos. Amazing.😉

[@Venkatesh_J]

Really you are giving lots of knowledge. Thanks anna😊

[@manimaran3926]

Thank God I just found this channel in my 19

[@Akhil_S_N]

Started the series and liking every video before going to next :) worth sharing Thank you sir!

[@rahulrengarajan4413]

You are giving Quality content regularly. Great work.. Keep Going sir..

[@InvestmentInsightsTamil]

Thank You!

[@inout804]

Every videos have Good content, good script, good delivery. 👍

[@Bharathselvam1]

Good one bro. You constantly providing quality content.

[@ssf5316]

Thank you sir very useful for engage people's

[@arunkumarradhakrishnan7734]

Very interesting and informative series, keep going; thanks a lot🙏

[@mvijaysendhil10q]

Very impressive sir. Hope lucky people would have already seen these videos... All the best...

[@jaganraj7616]

Neenga sonna maathiri save panni late ah bike vanguna . Age aaidum ancle anathum ah bike otrathu . Teenage la otna tha na nalla irukum

[@saffronpanda1735]

Must watch for all youngsters

[@mohamedfaizal414]

Sir unga video va view pannittu like pandravan illa na first like pannittu next view pandravan......❤️❤️ upload atleast 2 video's a week my humble request to you sir....❤️

[@InvestmentInsightsTamil]

Thank you for your support. 🙏🏽

[@ksrengaram]

Thank you Vijay for sharing all the insightful videos, plz post a video for what kind of strategies for the people like who are at the age of 40 like me 😀

[@Ravistextile]

Thank for your guidance sir successful ah accumulation phase ah complete panni ta sir

[@InvestmentInsightsTamil]

👏Congratulations.

[@ramboo23]

Sir thanks for your wonderful Videos!! happy to be Tirunelvelian's :)

[@sarujanview]

Thank you sir this video definitely a eye opener 👏🏽

[@siraj6282]

Very informative and educativey bro...

[@yokanandthirupathi9087]

Wow. Very nice! Thanks for sharing your expertise.

[@deepkumarsubbaraman6957]

Bro wonderful information in this channel I am going through videos one by one. Lucky that I got to know abt this channel

[@InvestmentInsightsTamil]

Thanks and welcome

[@prabagaran.s1285]

Congratulations 👍👍 on your abundant phase ,

[@InvestmentInsightsTamil]

ha ha... I am in the borderline of abundant phase 😉

[@vasudevansivalingam8494]

Very good points to consider... thanks for sharing your thoughts 👍

[@rajasekarkrishnan6447]

Hello Sir, my gratitude. Q: Any reason why you didn’t sector the retirement/pension investment in this list? Like PF, VPF, PPF, NPS, etc…. can we cover these as part of fixed income category? This section provide interest yield rate of 7-8% and moderate-high risk, not easy to liquidate.

[@gauthamganapathy5748]

Sir Great service and knowledge shared to our generation, at present I'm 32 and a doctor.i have been investing in mf since last 4 years.i request you to give insights on calculating annual expenses and hence forth achieving early financial freedom

[@InvestmentInsightsTamil]

Tracking your expenses every month is the only way you can calculate it. Sample Expense Sheet: docs.google.com/spreadsheets/d/1jC1R3tuV9RviCqXW2-A6O1utU_5DKfPCc0zATNG9ftA/edit?usp=sharing

[@malaworld]

Awesome Thank You Bro🙏🙏🙏🙏

[@Ravikumar-iv2xe]

My advice simple everyone wants to starts to work age 23.to 25 That time is all young star golden times so start to your investment your salary. Example. 15000 you should be. Save. 12% next. Salary. 25k Save 15.to 20 % after 10.15 yrs age of 35 to 40 Your balance is just simple. 10Lakh to 15 to 18 Lakh It's very easy don't take more confuse it's simple but the Investment is very importants Everyone is

[@rajkavi1977]

excellent video sir

[@ManiMaranGooglePlus]

நன்றி சார்

[@anandh1967]

Sir please make a video on how much money is required in life?😍 Please

[@narayananseenivasan1186]

U r awesome sir , jus finished 2 episodes.

[@msm987]

sir please start a series for kids ...

[@NSakthiSaravanan]

informative video sir 👌

[@japsltd]

Arumai 👌

[@monishasekar4716]

Veedu pathi sonnathula konjam muranpaadu irukku sir. Enga CBE la 5 years munnadi 25 lakhs iruntha idam ippo 75 lakhs. What to do in such cases???

[@naveens4594]

Just watched 2episodes

[@sindirasridhar2985]

Very useful sir thank you

[@BLACKMEN-hy2kp]

Nega kutukura Atvaice Nanna iruku sir verey use full good ❤❤❤❤❤ 🔥🔥🔥🔥🔥🔥🔥🔥💥💥💥💥💥💵💵💵💵💵💵💵💵💵🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@BLACKMEN-hy2kp]

Sir 5000 rs mothly epti invsment panrathu

[@Jaffer420]

Really some quality top notch content. Love ur simplicity and keep up the good work sir. One question what index fund ETF would you recommend with lowest expense ratio ?

[@InvestmentInsightsTamil]

It is personal preference. Many recommend UTI's.

[@srinathpadmanabhan]

Better invest directly via Automated/ Manual SIP instead of STP

[@pradhya]

Looks like there is a flaw or I misunderstood. Your assumption that Annual expenses is constant is not right, it varies phase to phase, in fact, year to year. How you explain that

[@sudhakar25061985]

Please Talk about asset allocation sir

[@InvestmentInsightsTamil]

Asset Allocation: kzbin.info/www/bejne/hIOzhGWZhc-hq5Y

[@c2thamizh]

Nice video to revisit multiple times, Can we account for the 401ks, HSA, Roth IRA contributions into the accumulation phase ?

[@InvestmentInsightsTamil]

Definitely. They are all part of our savings.

[@kbtganesh]

I really appreciate that you spread your experience/knowledge to educate others. Hats off sir. I do have a question. Is there any history that Mutual fund company went into losses (or any kind of scam) and people who invested are affected? Or we can choose any index fund regardless of the platform like icici, zerodha, uti etc? I can understand that each ones needs are different but if you think any reliable platform/indexfund, please do suggest us. It will help us to start with.

[@InvestmentInsightsTamil]

I am not aware of any such scam with mutual funds. I know many scams in hedge funds, not in MFs though. Yes, those platforms are pretty safe. You can invest directly with the fund house as well like in UTI directly.

[@sureshelephant]

Very good sir

[@hariprasadh4537]

Very valid points. I would rather focus on ways to increase income rather than cutting the costs with our current income. Change in mindset is the key.

[@srk8647]

Why not apply both ? increase income + cutting down the costs

[@baalaaji]

Sir, House Rent vs Buy pandratha pathi video pannunga.. already pannitingalana link ah intha video description la share pannunga please...

[@InvestmentInsightsTamil]

It is in my "To Do" List.🙂

[@chithambaramr7056]

very informative. in one of the video you mentioned US folks buys home at the age of 40. would you explain more on that? is that a good decision or not?

[@InvestmentInsightsTamil]

Actually US folks would buy home sooner than that. In mid 30's. But they upgrade to a bigger home in early 40's. In US, the price to rent ratio is pretty decent that makes buying home not as bad as in India. But one mistake that US folks make is buying a bigger home than they need. It is not really that big of a mistake - more of a personal preference. But we should make that decision knowing that it has an impact on our financial growth. I would say - buy a home for your needs. Just don't buy it as an investment - because it is not.

[@chithambaramr7056]

Yep. That's true.

[@chithambaramr7056]

Thanks for the reply

[@rgsivacts]

Anna - Could you pls do a video on Retirement Planning in the United States in terms how to save and invest for retirement?

[@InvestmentInsightsTamil]

Check out the videos in this playlist: kzbin.info/aero/PL0g8QXs4hyCV613Lds_OkgoaAgqAoFH1g

[@meenakumar5373]

Thanks

[@jayagokuls7797]

Veetula kaasu expect pannuvaangale velai ku pona.yenna panradhu 🥺

[@satiqbatcha6242]

உங்களை நான் எப்படி தொடர்புகொள்வது

[@shashashawww]

Waiting for next videos

[@NaveenNT]

I just started to see your videos. They are really good. I have a question: Should we have invested 5 times our annual expenses or include the growth so far brought about by the investments? I started investing a couple of years back and I have some money invested and got some growth also. For example I had invested $1000 but now that invested amount is $2000 due to growth. Should I now consider the invested amount as $1000 or $2000?

[@InvestmentInsightsTamil]

Include all your networth including the gains from investments.

[@NaveenNT]

@@InvestmentInsightsTamil Thank you sir!

[@deepikavijaykumar]

Sir, for our retirement, do we have to invest only for 5 years( our annual expenditure) and leave it to compound for 18 years or so. Will that be sufficient for retirement?

[@InvestmentInsightsTamil]

It depends on many factors like how much you have saved in those 5 yrs and where it is invested. But in general, that looks like a decent plan.

[@murugappanchandrasekaran490]

Sir thanks for your videos I know if we started saving earlier it's good many of us not did that and now I am 31 years old have a wife and kid. Plz suggest us now with this family expanse how to start save money and plan for retirement. A fire plan for my age

[@InvestmentInsightsTamil]

See these strategies as tools available for you. You have to use it to fit your situation. I started investing when I was 29 - not far from where you are now. 31 is not that old. Yes - you will not be able to follow the exact strategy listed out here. But see where you can make changes in your life style to fit this in. At that point, it becomes a personal choice. Say for example, you can delay the purchase of home till you make certain multiple of your networth. Or delay the purchase of a new car, but buy an used one. The choice is in your hands.

[@murugappanchandrasekaran490]

@@InvestmentInsightsTamil sir thanks for your reply.

[@rithinkrishna2817]

Tvs 50 is 65000 RS

[@divyasugumar1459]

Great video sir. I have a few questions. Is 5x- is it just the amount invested or should we include the growth also? Will the money we put aside for kids education and house investment be part of 5x or is it just the retirement portfolio.

[@InvestmentInsightsTamil]

5X would be your networth. So yeah it includes the growth as well. This video is focusing more on building wealth as a whole rather than for separate goals. So yes, it includes all of them. But it is a good idea to keep the kids education as a separate goal and save for it. I will create a separate episode on that.

[@divyasugumar1459]

Thank you, Sir. I look forward to the video on creating a portfolio for Children’s education. It would be helpful if you could address: 1. Plans available in US, pros and cons of 529 and 2.For parents who are on the fence about being in US . How can we plan and save for kid’s education ( irrespective of the Country we may end being in)

[@InvestmentInsightsTamil]

@@divyasugumar1459 It is in my To Do list. Will cover it soon.

[@prabhur9961]

Your words are really motivated us, and your speech was interested

[@premkrishnanpalanisamy8516]

Sir, My age is 32. I have saved the money at 25 but not followed any methods. My salary was 2.5 lakh when I joined and my expense was only 70000 per year. So I had many desires at the time but just sacrificed many things to achieve my future plans. Should I need to consider 70000 as x or 250000 as x or 180000 as x? Just want to cross check and understand the concept?

[@InvestmentInsightsTamil]

Your X is your annual expenses. As your annual expenses is 70,000 - that should be your X.

[@karthik253214]

Hi sir, How do you calculate X. Because in early stage my X will be very less. Let's say my X per annum 2Lakh should I save 10 L in 5 years?.Also all these should be invested in Index?.

[@InvestmentInsightsTamil]

Use your current expenses as X. As X increases adjust the target. It will help you to see how X is changing every year based on the lifestyle changes we are making. Yes, if X is 2L per annum, then yeah target 10L in 5 yrs. And Yes, investing in Index fund is recommended.

[@karthik253214]

@@InvestmentInsightsTamil Thanks sir . I am 25 now. But I saved 1 year of current expenses in emergency fund that is some FD incase if I face job loss and another 2 years current expenses in PPF/Index funds as Equal shares. I am little bit confused how do I successfully achieve the overall 5X only on index fund. My savings rate jumped to 80% since work from home and am a bachelor. Planning to save another current 2 X in next year nd get married by 26. I understand Accumulation startegy but all into index I am not getting . I know u will have less time if possible plz guide nd explain sir

[@InvestmentInsightsTamil]

@@karthik253214 Just invest the available money after emergency fund in Index. That strategy is just to show the possibility. Adjust it to fit your situation.

[@josephpradeepraj7638]

Sir I'm 33 yr old, I'm trying to looking back if I have achieved 5xAnnual expenses. Annual expenses vary at age 33 & 23, which one do I consider as annual expense

[@InvestmentInsightsTamil]

Use your current expenses. Yes, it changes over time both from inflation and from lifestyle changes. But it helps to see how a lifestyle change is impacting your networth.

[@muthusivamk1523]

Sir, how much is the annual expenses to be considered

[@InvestmentInsightsTamil]

It varies for everyone. It is under your control. You have to use the number that is applicable for you.

[@muthusivamk1523]

@@InvestmentInsightsTamil Sir, As you said that the annual expenses should grow up to 50x, I've the basic doubt. Kindly excuse. is the annual expense constant throughout all the phases. Secondly, should we consider the commitments such as LIC, loans in the annual expenses. Kindly throw some light on how to consider the annual expenses.

[@namagiri2892]

How to get rid of debt some tips

[@InvestmentInsightsTamil]

Best way to get rid of debts is: 1. Maximize the savings rate (The % of savings from your earnings) 2. Focus on the debt with the biggest interest rate and try to pay off that first while paying the minimum on the others. 3. Once that is paid off, move to the next one with biggest interest rate and pay that off. 4. Repeat until all are paid off. Do not try to invest before paying off any debts except home mortgage. Debt will sink us.

[@sakthivel-be6vi]

🎉🎉

[@RajaS-nw2zx]

தலைவா நீ சொல்றதேல்லாம் ஏற்கனவே எனக்கு நடந்துறுச்சு தல நான் கோல்டன் பிரியட் மிஸ் பண்ணிட்டேன்....

[@nandakishore671]

Sir namba parents namaku some lakhs thara readyna ada namba waste pana nifty 50 la 70% um and Nasdaq 100 la 30% um potutu maranduta which is useful in long run and we can retire early right? But we should do this as soon as possible like our age in between 18 to 20 ,which creates a good wealth and boom to our retirement corpus? And can we call this as phase Hero or Zero phase according to ur weath series😁?

[@InvestmentInsightsTamil]

🤣 We can definitely do that to our kids.😉

[@nandakishore671]

@@InvestmentInsightsTamil aiyo sir my age is 20 tan😂😂🙂 But veetla inda maari invest pananumnu sona payapadranga,how can we convince our parents🤔

[@InvestmentInsightsTamil]

We have to earn our money and invest. There won't be anyone to convince.😉

[@MrDbeni]

ஆன்யுவல் எகஸ்பன்ஸுன்னா என்ன ஐயா??

[@InvestmentInsightsTamil]

நம் குடும்பத்தை நடத்துவதற்கு தேவையான வருட செலவுகள்.

[@chitrakumar4275]

I save 80% of my husband salary .. each n every penny counts for me .. I m having same mobile phone for 10 years .. But I m confused about which fund to invest.. which one gives confirmed 10% returns every year..

[@InvestmentInsightsTamil]

There is no "confirmed" return any where. All investments are subject to market risks. Watch the "Index Fund Investing" and "Risks in Index Fund Investing" episodes to understand these better.

[@chitrakumar4275]

@@InvestmentInsightsTamil thanks for replying sir I invested in coin base and Palantir and both are in 20% loss 😒

[@InvestmentInsightsTamil]

@@chitrakumar4275 As I always say, it is better to stick to index funds than individual stocks. We should get into individual stocks only when we understand their business and know the risks involved.

[@chitrakumar4275]

@@InvestmentInsightsTamil yes sir that is100% true

[@igingino2735]

👍

[@Ravikumar-iv2xe]

Bike car electronics wants to must OK First your Finnacecial wants strong then have to go to Buy direct cash why should you Pay emi with interest My advice you can any one buy 80% cash payment that's best option only go to loan just 20 to 25%

[@t.duraisamy6317]

👌✅🌹

[@1402ram]

Already bought an apartment...

[@InvestmentInsightsTamil]

Congratulations! Enjoy your new home.

[@prabagaran.s1285]

Thala yar thala neenga , ivalao nala enga irunthinga , watched all your vidoes in one day , got addicted, seen you LinkedIn profile , sent you a request 👍, Can we consider cryptocurrency as an asset ????? It not in your asset class

[@InvestmentInsightsTamil]

Glad you liked the content. Cryptocurrency - funny you ask. That is going to be the next episode.🙂

[@prabagaran.s1285]

@@InvestmentInsightsTamil cool 😎🔥

[@DineshKs]

But why people are still poor?

[@InvestmentInsightsTamil]

That is a tough question to answer. But it starts with how we approach a problem. I would recommend to read "Rich Dad Poor Dad" book to understand the psychology. There are many KZbin summary of that book as well. Search for it.

[@DineshKs]

@@InvestmentInsightsTamil do you think our educational system lacks about financial education and it's importance?

[@InvestmentInsightsTamil]

@@DineshKs Very good question. Its just not ours - Financial literacy is not taught in any of the education system. But thats an important one that should have been included starting from Elementary school.

[@anandeeswaranit]

Just ignored them

[@shganapathy]

Sir how to contact u