Top 5 Wealth Killers (தமிழ்)

[@InvestmentInsightsTamil]

Related Episodes: Building Wealth Series: kzbin.info/aero/PL0g8QXs4hyCU36k9b9aZMG4C8OrRTHl35 Power of Compounding: kzbin.info/www/bejne/Y2ekeoSJgrSkibM Handling Debt: kzbin.info/www/bejne/oIanYmScm9uDeKM Opportunity Cost: kzbin.info/www/bejne/qKm8d2yOq5Vki7c Financial Planning: kzbin.info/www/bejne/nZ7TmXWFgc-qmbM Index Fund Investing: kzbin.info/www/bejne/iJ-loYNjoa2Bndk Risks in Index fund investing: kzbin.info/www/bejne/a2SsYYtqaLWijbM

[@karthikarvindcs]

1. Putting kids in super expensive schools ,not for quality of education, but because of peer pressure 2. Buying expensive car 3. Getting equity linked life insurance instead of term insurance

[@bay_leaf_area1479]

[3] is essentially not wealth killer. may be not a better investment compared to term life. but definitely better than dying without insurance.

[@karthikarvindcs]

@@bay_leaf_area1479 This is the mistake many make. They consider life insurance as investment. It is not. Insurance is insurance, dont look for returns.

[@tejeshjptejesh5288]

1 and 2 ok but 3 is a savings right even I do 3 that's why

[@karthikarvindcs]

@@tejeshjptejesh5288 Again, insurance in not a savings. Insurance is not an investment. Get a term insurance and invest the remaining in index funds, bonds, SDL's , golds or even FD, which will give better returns than ULIP.

[@sangareshwaran1139]

@@karthikarvindcs ulip literally scam

[@ramaiahsankaranarayanan8208]

Power of compounding --ன் பற்றி தங்களது விளக்கம் தெளிவானது.... அருமையானது . திருக்குறள் போல் இனிக்கிறது.

[@kannan7480]

2:05 special mention Anand Srinivasan sir❤️

[@shyam3495]

Yesh

[@GetYourselfALife]

Yes. Paavam andha manushan.

[@Santhosh.21_]

Aama orutar nalladu sonna yevan kepan

[@buvaneshwaran2057]

Hi Sir ✋🏽, In this video ITC and IPHONE concept remembering Anand Srinivasan sir's advise on not to spend 😂😂,, You both are the best teachers in school of Middleclass finance.

[@sasivarnanshanmugam1718]

I too Agree

[@dhineshkumarr3182]

True. During these times, we need people like these folks to put sense.

[@mvinayagam732]

First of all, Belated teachers day wishes, I am proud to say, you are our finance teacher. Because of you only we are thinking and doing some saving,

[@user-qj4mf4zm4i]

⤴️Hey!👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct

[@ShPa22]

Here are things I feel are the other wealth killers 1. Changing Gold Jewels every few years. 2. Too spending on Marriages (its just to show off no much use). 3. Not investing on Health Insurance & later paying huge bills. 4. Being lazy and not investing SELF IMPROVEMENT (knowledge). 5. Wasting time on unnecessary things and wasting TIME (watching same movie again and again, wasting time on gossiping like good for nothing topics)

[@Drbora98]

Well done

[@Beat_the_Inflation]

Fully agree

[@kamalnath1070]

Thanks a lot Vijay Mohan sir, one of the best financial planning paylist i've ever witnessed :). Daily i saw 2 videos during my lunch hour and now i completed. Wish you the best health and all the best for your future endevours. thanks a lot again

[@nijithebuji]

விழுந்து விழுந்து சிரிச்சன்! You have a good sense of humour! Thanks for calling out Anand srinivasan

[@rajakumarkasi951]

Thank you Vijay Mohan for an excellent presentation on the personal financial, which is very useful for me. Thank you again.

[@HiSarvesh]

As usual brilliant Guruji! Have had many discussions with lower income people like my maid, taxi drivers, and I observed consistently these additional wealth killers 1. Kids education 2. Medical expenses especially parents 3. Relatives and society pressure driven expenses 4. Marriage expenses. In your list the 5th item indirectly feeds the preceding four….. aaga mothtam 1. Aasai 2. Kadamai

[@bay_leaf_area1479]

How is kids education wealth killer? then, having kids is not advisable, like how some fierce FIRE enthusiasts advice. Medical expenses also can't be categorized as wealth killer. These 2 are essential expenses.

[@gunasekaran_ramalingam]

Main wealth killers are credit cards, rich gifts to relatives beyond income level, stone jewelleries, personal loans... On top of all these laziness, fear and lifestyle comparison (puliya pathu poona soodu pota kanaku) were the worst wealth killers...

[@diwakar890]

It’s a great eye opener on Debs. I used to smart in getting cheap 0% APR in credit card with 3% fee as BT. Now I realize the other side of not investing & not allowing my money to compound. Appreciate your guidance 🙏🏼

[@Razanredmi]

Thank you for supporting anand srinivasan sir

[@ramv9589]

1. Credit card la cancel pannitan தெய்வமே 😀🙏 2. பெண் குழந்தையை இருக்கு தலைவா‌ Health killers இருந்தா நல்லாவா இருக்கும். 3. Iphone வாங்கனும்னு ரொம்ப நாளா ஆசை But இப்ப காசு இருக்கு ஆனால் அவசியம் இல்லைன்னு நிறுத்திட்டேன். 4. வீடு வாங்கனும்னு மட்டும் ஒரு Idea இருந்துகிட்டே இருக்கு, பணம் சேர்த்துட்டு பாத்துப்போம் Loan வேண்டாம்னு முடிவுல இருக்கேன். 5. சுத்தி இருக்கிற relations ஒவ்வொருத்தருக்கா medical expenses வருது தலைவா, இல்லைன்னு சொல்ல முடில மாசத்துக்கு 20k to 50K வரைக்கும் செலவு வந்துகிட்டே இருக்கு. Savings எல்லாம் அங்கேயே போகுது. எதாவது expenses ல commit ஆகிக்கலாமா?😕

[@gopals796]

1. I don't think cancelling is a good option. Spend not more than what you have in savings bank, which ensures you pay in full every month. Many free CC come with perks like cash back and so on... 5. Have you explored health insurance which could cover your medical expenses?

[@ramv9589]

@@gopals796 1. For my character cancelling credit card is a very good Option. 5. Medical expenses are not only for my family, I have 6 uncles who are my mom's own brothers. Every month facing medical issues with any of them, I can't avoid. They only helped me for higher studies. I'm avoiding unwanted expenses, but in case of a medical emergency it's difficult to say NO.

[@k.natarajan4551]

Sir, நீங்கள் Us ல் இருந்தாலும் உங்கள் எண்ண ஓட்டங்கள் இந்தியாவை சற்றி வருவது மகிழ்ச்சி. நன்றி.

[@jaijv8743]

Thanks for using Mr.anand srinivasan iyya va indirect a Ulla konduvanthathu

[@deivas1425]

Awesome video Mohan Ji 🙂

[@sudharsanrajendran460]

Biggest wealth killer now a days .. KZbin shots !

[@vpshankar24]

Beautiful one sir. Much appreciate your effort to bring this video out.

[@yokanandthirupathi9087]

Thank you Vijay for the wonderful content. Putting kids in expensive private schools. Not having adequate health insurance

[@chandraprakashmc7741]

Kallu kadai dosa - Order pizza semmaaa. Ok jokes apart great points sir 💯 30%save every month 👍 Thanks.

[@Heartfulnessofloving]

Massu ...masssu....epdi bro....chance a illa...100% correct...

[@quick-relaxation]

How to handle peer pressure vs maintaining friends? Nowadays everyone is comparing each other and not talking properly.. Getting good friends in our wavelength are very very difficult

[@KalkiKarthik]

Very True!

[@InvestmentInsightsTamil]

Appadi compare panra aatkal namaku avasiyama nanbaragala irukanuma? May be it is a natural way of getting rid of them.

[@give-or-take]

@@InvestmentInsightsTamil theivame. Same thoughts. Officially you are my gurunaadhar.

[@quick-relaxation]

@@InvestmentInsightsTamil ignore mattum than ji pannikittu irukkom.. still searching for good friends 😃😃 Naan mattum than feel panrenu nenaichen.. but I see many here..Hope everyone gets good fri

[@KalkiKarthik]

As soon as we meet new folks in a gathering, the first question that was asked is where we live i.e., in an apartment or own house. From that point you see the conversation just ends or goes in the direction of why you haven't bought a home yet.

[@santhoshpalanivel4727]

Thanks for the Video Mr.Mohan. You are my Finance Mentor. I never miss your videos.

[@Beat_the_Inflation]

True words, Especially Credit card!!!!!

[@SenthilKumar-rg6ds]

Super sir. Brilliant. I follow all the points whatever you said already. Feeling confident that I'm going on right track. I wish most of the indian people follow your instructions and advices.

[@wealth5521]

You are videos are very helpful.

[@kkannan1915]

Hello Vijay @InvestmentInsightsTamil , Thanks for your efforts and have been watching your videos. I have started investing in ETF/stocks after watching your videos as got more confidence.

[@saravanakumarshanmuganatha4439]

Vijay your videos are always awesome! It really chages our perception about life and financial understanding! I wish i would have listened to your advise 10 years ago...

[@priyamohan9522]

Great explanation with awesome examples.

[@sivaramann3730]

Very useful and correct listing of wealth killers. Also losing money in online games, lottery, etc. Further buying NPA ( non-performing assets(

[@wealth5521]

Sir thank you for this video.

[@fun_filled]

Thank you Anna for such good explanation. Your way of explaining things adds more value to the words.

[@ganpathji]

சார் எனக்கு என்னமோ நீங்க çhennai வந்த மாறியே தோணுது... கல் தோசை.... உளுந்து வடை லாம் correct eh சொல்றீங்க.. அப்படியே அந்த மிமீ creators eh ஒரு போடு போட்டீங்க பாருங்க செம்ம... Thanks for sharing the good information 🙂

[@arunkumars9452]

One of the useful channels in youtube. Thanks for the information shared. 🙃

[@grajan3844]

Super sir 👌

[@K.A_1997]

Thanks for your co-operation sir ...keep going

[@aneleshkumar3320]

Sir you are so inspiring. ! First it was me and my wife following you now its a lot of people ( my colleagues too ) whom are inspired by you. keep continuing your good work.

[@arulmanohar]

Very nice explanations.

[@user-qj4mf4zm4i]

👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️.

[@deenathayalan9169]

Wonderful explanation 🎉🎉🎉🙏

[@user-nxvybdi]

Brilliant video Vijay sir. Ungal nakkal super really enjoyed !!

[@balajia3592]

Impulse buying and Fear of missing out. I see them commonly spread more that credit and pay later. This is what I try to follow - wait for a couple of days to see if I still have the need or atleast the craving to buy them.

[@sudhakareeeking]

Sema sir. In love with your way of explanation 👍

[@balajiprasath4760]

Very nice explanation sir. Thanks.

[@harivigneshvairamuthu5088]

The marathon analogy is wonderful. I feel it applies to other walks of life as well

[@smuthuvel1]

Eye opener for the young generation. Hope your video helps them to get rid of wealth destroying habits. Thank you🙏

[@cybrainx72]

Onga Casual comedy super. Other wealth killers. 5. Imbalanced portfolio can be a wealth killer. 6. Not being on top of accounting. I know people who forgot to pay property tax and get huge bill. under reporting income and violating tax laws and Govt impose heavy fines. Under insuring can be a reason too.

[@siva-arunachala]

Very funny, loved it. 30% highlight is the best!

[@winkhine9015]

Unga speak romba fun na happy ya iruku bro keep doing 😍

[@kalimuthu.guru1]

Great views and information sir ji👍

[@253Azeez]

Visiting relatives home and functions is one of the major columns in Indian family budget.Surprise visit by relatives to our home. These are happy expenses. There is no way we can reduce that. Indian budget sheet la, always this column stands in top 3. Hence, Looking for an Indianised investment insight 😅

[@mugundhans400]

Amazing awareness episode, not sure how many understand it. Appreciate it 👍👍 and thanks a lot

[@user-qj4mf4zm4i]

👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..

[@just_uriht]

A great episode!! Especially the saying about own house

[@siva-arunachala]

Other wealth killers are life events and celebrations(vetti bandha) . Throwing parties ( i personally love it) but they are expensive.

[@1-2-3-4-5]

Nowadays some people are going to the extent of getting loans to spent for celebration.

[@Mechvijay88]

wasting time on social media is also one of the worst wealth killer

[@Edison-newworldBlogspot]

Mass Thalaivarey neenga…😃

[@loganathanramesh2262]

Super sir

[@vimenthann2244]

Sir , Is any restrictions of government employee to invest on stocks?..... I request you to do dedicated video for the above statement.

[@jonesandrew3377]

marriage is the biggest wealth Killer Sir

[@prabhus3737]

Vijay sir.. Ultimate msg. Thanks for your video...

[@ramsankarchandrasekar8959]

Thalaivaaa, please give an entry. Important aana nerathula advice kudukama absond agitengale. I have watched all of your videos. I know that the answers to the present unstable situation is hidden in each of your previous videos. Irundhalum neenga oru update kuduthengana urchaagama irukum. Please.🙏

[@God-uk8cl]

super sir

[@abrahamlingan3773]

Recently online rummy,dream 11 etc also wealth killers

[@ofsiva]

Good one Sir 👍. I am following all this and usually ask my friends to do this. Now I am referring them to your channel. You will soon reach 1million subscribers. And the change you are bringing in a person's financial life is invaluable Sir. we are all indebted to you 🙏

[@viswakanthpillai]

After a loooonggg time, apart from shorts..watching a video which I could understand🙏🏼 BTW, sandhadi saakula illai, thaangal epoluthum youth dhaan uncle ji✨

[@InvestmentInsightsTamil]

🤣

[@praveendm]

Vanakkam Thalaiva !

[@jamesnewton8550]

Happy by seeing your notification sir ❤️

[@NS-bc3wv]

After long time very interesting and useful video thank you vijay sir🙏

[@Dr.P.Manivannan]

Superb concepts sir Keep rocks

[@nithyaja9282]

Anand sir ku support panratuku thank you

[@vigneshm3885]

teeth and eye expenses and wife pregnant expenses kids education kids marriage expenses and festival expenses. and vacation expenses and medical leave for long days etc

[@rajuganesanpillai7060]

Thanks for your videos. 🙏

[@c.a.sathyakumar2412]

Nice video sir. Thanks

[@a.sathishplk]

That ITC meme is for Mr.Anand srinivasan

[@saikamala9328]

Uncle, Swiggy la food vangurathum bad habit than.....as IT employee...mostly swiggy la than dinner poaguthu..

[@dosskarthi]

Guys he is right, my wealth killer is my house bought in 2013 around 45 lacks 😭

[@keerthanasankar7600]

I would love to hear you narrate tamil stories too dear sir !

[@Capt1177]

Brilliant ❤

[@prabagaran.s1285]

Super vidoe 👍👍👍👍👌👌👌👌

[@kumarraja3089]

Long live for 100 years my Financial mentor Mr. Vijay anna.. Starting late, saving less investing in non performing assets like gold ornaments, suburban lands, etc is a sure wealth killer.. I have 1cr INR in digital assets (50%) of my networth. When I reach 2.5cr digital assets, I call myself financially independent. Few more years to go..

[@gunagohan9561]

Gold ornaments? 7% wastage + 3% gst... How is this a non performing asset? You are paying only 10% in excess for getting a beautifully crafted jewellery piece. And gold value has doubled in 8 years. Even if you buy a plot in a superior urban area, you still have to pay for registration and stamp duty @ 12%.

[@kumarraja3089]

@@gunagohan9561 ornamental gold cannot be considered under retirement corpus for all practical purposes..

[@gunagohan9561]

@@kumarraja3089 care to explain the practical purposes? Ornamental gold can be liquidated easily either by selling or pledging.

[@InvestmentInsightsTamil]

I think you actually mean saving in liquid assets. Good plan. Good Luck!

[@kumarraja3089]

@@gunagohan9561 4% withdrawal rate under FIRE system cannot be applied on ornaments or other physical assets. Gold fund, gold ETF, SGB should work if u r bullish on gold medal.. Choice of investment is depending upon your preference and belief. There is no one solution.

[@prasanthnallappank6409]

Hatsoff to your work sir ❤️

[@user-qj4mf4zm4i]

👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..

[@RaghuvaranP]

Sudden accident, sudden health issues like heart attack, stroke and terminal illness like cancer are wealth killers.

[@jayasuriyan8938]

Hi sir , please make a video about solving DEBT trap!

[@InvestmentInsightsTamil]

It is already there: Handling Debt: kzbin.info/www/bejne/oIanYmScm9uDeKM

[@DrSD-dk6qt]

Sir vanakkam 5th point sema

[@rkharinisre3074]

Arumai

[@N_a_v_e_en]

Another wealth killer:Not having a health insurance.

[@user-qj4mf4zm4i]

👆Thanks for watching. Tell expert Stephen Patrick that you were referred by me for profitable investment strategy on our new project to participate on it...Msg direct⬆️..

[@BOOMIJOVIALCINIMA72]

Nice work

[@rgowri8587]

Hi sir,, Thanks for your knowledge share... Can you throw some lights on ESPP and RSUs and taxes levied on this..especially when converting to INR

[@ashok198922]

What are you talking old man 😅😂 vera level!

[@GSGS3014]

Everything is ok.but buying a moderate home or flat for need is essential and not wasted expenses.. because as years pass by rent also will keep growing. It's not always std rate like 20k mentioned in this video . Instead of increased rental u pay emi and own the house rent free later.

[@saravananjayaraman6757]

Movie ticket and pop corn for 3ppl is equal to one year subscription of OTT. I can watch same at home...

[@balajibala8926]

How to handle relatives pressure? Even my mom says need buy a land. Kadan irundha dhaan relative kita kasu illanu sollalam nu soldranga.

[@Tamil-56]

Intha mari economy knowledge ilama ...or theriuma irukueathum oru wealth killer dha ..✌️

[@johnpaul8153]

Correct ah sonninga. How to get away from these wealth killers nu oru video podunga.

[@give-or-take]

Hi VijayMohan._ lot of us who can here in late 2000’s have a long way to go before getting green card. Since the wait time in insane and no guarantee in another decade, I would appreciate a video on what all investments we can make, psychology advice, etc. I know it could differ case to case but would like to know how you handled this uncertainty back then and what you think could be helpful to set a good financial journey

[@kathirr2438]

Year 2020: Got 0% APR card and maxed out 20k credit limit for some shopping instead of using my savings. I invested 20k of my savings in market around the same year. Its now worth 35% more. I just cleared 0%apr card debt. Now please explain why credit card debt is bad

[@b2Samaritan]

Day trading or self investment without financial knowledge is one of the wealth killers

[@aravindhamurthy7128]

investing thru options and futures

[@karthikpriya17]

Thank you sir

[@சக்திவேல்ராஜ்]

வணக்கம் ஐயா...