This Mumbai Man Is On The Road To FIRE With Equity SIPs

This Mumbai Man Is On The Road To FIRE With Equity SIPs | Mint Money

Рет қаралды 129,994

Күн бұрын

Пікірлер: 94

@ashutosh0011 5 ай бұрын

Not a single valid question. Junk questions by the interviewer. The main question should focus on how he achieved that number. What strategy to use. Wasted very good opportunity...😓

@YogiWwh1 5 ай бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@SidharthaSenGupta 3 ай бұрын

😅😅9999999999999999999999999999

@MARSHMALLOWwhimsy Ай бұрын

My portfolio of 200k is not increasing any more than 5% and we seem to be facing a massive crash now. I cant tell where the market is headed, or perhaps I should just sell off and avoid the panic.

@PhoenixReborn-v6v Ай бұрын

i'd advise you redistribute assets in your portfolio with the help of a license professional so you don't get burnt in this volatile market

@DreamweaverShade-h9p Ай бұрын

That's right, I was doing pretty good not until the rona-outbreak which led to my portfolio crash. I immediately employed the service of an advisor, got overwhelmed by the returns, thus increased my investments and to date, I'm just about 10% shy of a 7 figure portfolio.

@Damncars456 Ай бұрын

congrats! very encouraging for newbies like myself, mind sharing advisor info please? in dire need of proper asset allocation

@DreamweaverShade-h9p Ай бұрын

I've shuffled through a few advisors in the past, but settled with Melissa Elise Robinson You'd most likely find her basic info on the internet, she's well established with over two decades of experience.

@MakeamericaGreatagain-h7j Ай бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

@AkshayJain-202 5 ай бұрын

Poor questions asked.. no proper introduction. Stopped at halfway... saved precious 11 min for myself

@YogiWwh1 5 ай бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@arjunjain6430 4 ай бұрын

Stopped at 10 sec after reading comments 😂

@Peterl4290 4 ай бұрын

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

@Mrshuster 4 ай бұрын

At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

@larrypaul-cw9nk 4 ай бұрын

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

@sabastinenoah 4 ай бұрын

Do you mind sharing info on the advisor who assisted you?

@larrypaul-cw9nk 4 ай бұрын

Annette Christine Conte is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@sabastinenoah 4 ай бұрын

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

@peekgupta 5 ай бұрын

Hope Mint can put some more money and get a good interviewer !

@vasudevpuranik5033 3 ай бұрын

Thanks Neil. Need more of these

@PrasannaKumarsmvl 5 ай бұрын

I think no need to top up your term insurance as there is no fear of your family getting buried into debt because of your loss. As you had a huge corpus that should be fine

@IntrovertsExplorer 5 ай бұрын

I guess the insurance premium he quoted, not sure how genuine, I hv a 1cr insurance & I pay a premium of 13k which I purchased also long back.

@sudhirnp 4 ай бұрын

Agree. I think that if someone has enough asset as backup, they should avoid term insurance. Instead they should put that in some equity index funds for growth.

@1122334455da 5 ай бұрын

This is possible only if the income is very high.

@hiteshmakhija3778 5 ай бұрын

You should also introduce the person & his background first. At what position - profession - education background etc..

@Parul-o9q 5 ай бұрын

Junk video. How this guy got too much wealth in 40 which will become 15 cr. Useless video.

@Family-un3rf 5 ай бұрын

Man, I am 35 and I already made 4.7Cr which includes mf, shares and FD. I can make 4cr in next 10 years. By the time my 4.5cr become at least 9Cr( rule of 72) so it's not an unreal video. Me and my wife are earning good money in IT. We are average people in terms of intelligence and family background.

@mexicanmomo 5 ай бұрын

Yeah, you are absolutely right. Probably they earn a lot and both he and his spouse are earning members.

@Shabssaif 4 ай бұрын

See it's a golden rule, if you start on a good salary then with either back up of family or not, you can make sound investments and build a good corpus by 40. But that is only around less than 10% In India. Most start with their salary in few thousands and have the burden of their family along with their own when they get married so it's not easy to invest that much and build that corpus. And most of the times, there I only earning member in the family. The more the merrier. Remember, I aint saying that investment is not possible, but it's a slow growth.

@neodro4831 5 ай бұрын

And also pls ask potfolio allocation and how things changed over the years? It could have been an even better interview - GREAT JOB Arunava!

@SingaporeBuilds 5 ай бұрын

This guy has aced his Personal Finance 👍👍

@rawalsandeep 5 ай бұрын

Nice. The fire number is decent and practical

@98505177229850590818 5 ай бұрын

This Guy is smart

@nishant205 4 ай бұрын

Such a sorted guy !!

@Jaimaharashtra23 5 ай бұрын

Since Interviewer didnt asked complete questions so assuming only MF exposure which means portfolio seems to be heavily concentrated especially with no exposure to RE or Gold. Imagine for any reason if market crash heavily then his portfolio can be wiped by half and it will be a free fall. Diversification is important.

@ashwinkumar-yc5nr 3 ай бұрын

NPS only employer contribution in new regime. Not employee contrubution. pls check.

@sagek7949 5 ай бұрын

please discuss about NPS. Great video overall :) Thanks !

@flixcapture8698 2 ай бұрын

Background music is annoying! Please slap your editor once, please !

@rajarora2097 5 ай бұрын

I have one etf for last 20 years

@Amit-xe8jv 5 ай бұрын

Many relevant questions were not discussed. How much salary, monthly mf sip,

@patelse 4 ай бұрын

If everyone wants to retire who will work? In fact all these early retire people's income also depend if someone is working.

@NiranjanBendre 5 ай бұрын

It’s getting popular. Lots of desi channels featuring people on this journey or already passed.

@jdevelops3739 2 ай бұрын

Very casual interview conducted. Guy was having many more information to share but kinda questions asked lost the overall value of session.

@basantchoubey5137 5 ай бұрын

He is already halfway of his target.. Even if he doesn't put any penny to his fund, it will double in 5 yrs with normal 15℅ cagr which MF provides.. So nothing much he needs to do.. Both patents works and earns, so nothing there for others to learn.. They are already part of .5℅ of Indian population.. Such video doesn't help anyone..

@GreenDriveIndia 5 ай бұрын

Ye bhai satya Nadella ka bhai lag rha h

@sanrock21 5 ай бұрын

He is 40 and how he reached/saved 6/7 Cr🤔.. may be he and his wife earning more than 3L per month🤔. It is good for them, but if he had told how much they invested every month to reach there would have been good

@trstrscit 2 күн бұрын

in mumbai he has own home and grown up in mumbai..that wud make him to stand out from most of other indians.plus double salary

@SMKarthikeyan 5 ай бұрын

Waste of time for me not even getting a clear picture of how when what ,since his journey so long he can give more valuable insights but just by telling some percentage i have not useful

@outbackandabout 3 ай бұрын

think this guy had come on moneycontrol' The Tenant with Vishal Bhargava?

@MR-jq4qv 5 ай бұрын

Super awkward vibe...the interviewer seems to be in an off mood!

@YogiWwh1 5 ай бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@jaypalnitkar4400 5 ай бұрын

Iss aadmi me jaan hi nai dikhrai.. ab kya karega FIRE ka.

@rasmiranjanbehera5873 4 ай бұрын

😂

@iamthelegendripper8900 5 ай бұрын

I am 35 and my net worth just touch one crore after working for more than 13 years. I can't even think of retiring in the next 5 years as one crore is not going to be enough for anything. My current packages around 36 lakhs I want to understand how this guy made a 15 crores this is beyond reasonable.

@AnshuSaketSingh 4 ай бұрын

Well that's coz you are ignoring compounding , if you invest 1 crore right now and do SIP of 1.5 lakh per month at 20% CAGR, you still can hit 4 crore by 40. And if the market grows anywhere like last 5 years, it may be 5-6 crore too.

@iamthelegendripper8900 4 ай бұрын

@@AnshuSaketSingh 20 pc cagr ? 🤣🤣🤣 That's not realistic ..

@AnshuSaketSingh 4 ай бұрын

@@iamthelegendripper8900 Prove it, category average of Midcap funds in India for past 5 year is 27.1%. If you can't even beat category avg, you are just terrible at investing.

@AnshuSaketSingh 4 ай бұрын

@@iamthelegendripper8900 The nifty 50 avg is 18.34% CAGR for past 5 years, if you can't even beat that then you are probably terrible investor

@kalpanasingh903 3 ай бұрын

@@iamthelegendripper8900 20% is normal what is unrealistic in that ....

@geeta59 5 ай бұрын

Too many funds you need one broad market index fund and maybe one multi cap active fund.

@Family-un3rf 5 ай бұрын

What if that AMC goes bankrupt?? Those who got money gotta have risk management.

@geeta59 5 ай бұрын

@@Family-un3rf you go with reputed AMC’s like SBI or TATA or any of the big 3 banks ICICI, HDFC or AXIS but investing 10-15 MF is over complication and kills the returns.

@MutualfundsahiHainbutkaunsa 5 ай бұрын

Bhai mahina 30 k income balo ka banao jo freedom hasil kiya or karne bala ho

@adityapatnaik7078 5 ай бұрын

does he even eat

@gopinath_ravi 5 ай бұрын

High income salaried guy. But financial awareness, am not so sure . I guess he is spoilt by watching yt videos and twitter. 😅 Getting a good advisor would help him a lot.. Too many funds. Not clear about taxation. Feels insecure abt 1% extra for mfd.. on good days selling and bad days buying gyaans... Get help sir. You ll increase the corpus much higher!