ALL Expenses Covered By Passive Income? (Expense Management for FIRE)

[@WintWealthYT]

Invest in high-return FDs with Wint: bit.ly/3r7V7vu If you wish to get featured in one of our video, do fill out this form: bit.ly/4a5yyZM

[@saikatghosh90]

based on reverse calculation, i decoded his portfolio - his total portfolio value is Rs 10 crore. let me know if i am correct

[@RivanmiddleeastRiv]

What is the difference between your FD with wint and normal fd through online banking

[@AnjikaSarkar]

Hello my dear, We are looking for promoters who can advertise our platform please let me know how can we contact you ?

[@DarnellsStevenses]

The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.

[@KheroFrei]

Nobody knows anything; You need to create your process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

[@JasonsHortons]

@@KheroFrei True, initially I wasn't quite impressed with my gains, as opposed to my previous performances, I was doing so badly, that I figured I needed to diversify into better assets, I touched base with a portfolio advisor, and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@DarnellsStevenses]

@@JasonsHortons Could you kindly elaborate on the advisor's background and qualifications?

[@JasonsHortons]

@@DarnellsStevenses I have to give props to MARGARET MOLLI ALVEY, my CFA, she's the real deal in the finance game. Dive into her background, this lady's a treasure trove of experience and knowledge for anyone navigating the financial jungle.

[@DarnellsStevenses]

@@JasonsHortons I just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.

[@pranjalmishra1027]

Guys, I usually don't comment. But let me tell you, this content is really valuable. You may not reach a million people. But those who are actually about finance. This is gold.

[@RahulSharma-se5nq]

Brother what is gold in this content ? Building asset when earning 1cr per annum do you think it's a big challenge?

[@ssmaratkar]

Mishra ji today is our lucky day, as we got opportunity to read your comment 😂

[@sourabhGR1]

@@RahulSharma-se5nq yes , it is a big challenge because when our earning increases then our expenses increases too , if you do not check your expenses then 1 crore can be a small amount , look at the inflation of Gurgaon and Mumbai , 1 crore earning is not enough if you want to have home/ flat in posh areas. It's not about earning its about how you manage your aspiration and expenses .

[@RahulSharma-se5nq]

@@sourabhGR1 brother management of expenses and aspiration is part of financial plan where other parts are investment , taxation etc. Now just like a financial plan is going to be different for a person earning 2L per month to a person earning 30k per month similarly management of expense and aspiration will be different for different person based on there earning. For eg someone earning 1 cr a year if tells he creates the passive income by investing 60% of income in multiple assets like buying few franchise , commercial shops etc it will be of no use to someone earning in lakh as those asset that person will never able to invest in .

[@riteshsinghrathod]

He is so genuine in his advice.... I'm flat... "low risk low reward, if low reward satisfies ur requirement then y go for high risk" - Awesome 😊

[@michaeldsilva]

@riteshsinghrathod Precisely. It obviously does not make it a glamorous portfolio. There is no heroism without equity as per what most people believe. I have described the high risk high reward vs low reward low risk approach in my book. Peace of mind and sound sleep are more important.

[@nareshhanji8083]

Please note that he is in his late 50s. So he needs to keep low risk profile

[@MKFINBITE]

​@@michaeldsilva watch kzbin.info/www/bejne/oXu0lHePd5qbrrMsi=JnV_umt6y7LO7Sfq

[@zaynnnnnnnnnnnnnnn]

But he too started his investment journey in his 20s right. So you think at that time he had a high risk profile and now low risk? @@nareshhanji8083

[@AbigailOliviaq4l]

Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

[@LincolnFelix-s4z]

The deeper your investment roots, the stronger your financial security will be in the future.

[@SophiaChloé6f]

Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.

[@LoganGabriel6m]

I would love an introduction to an adviser who can help me strengthen my financial roots.

[@SophiaChloé6f]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

[@LoganGabriel6m]

Thank you for this amazing tip. I just looked the name up and wrote her.

[@ashisdash1976]

He is perfect example of reliastic view point. No drama no random suggestion . To the point discussion

[@RahulSingh-my4vh]

Now this genuine and relatable story ! Thanks for putting out videos like this with real relatable person sharing their life experiences. There is NO point hearing about a couple earning 2-3+ Cr in their 40s and then being humble about their lavish lifestyle !!

[@singhkaran812]

"Equity ho ya phir insaan subko uppar jana hi hai"......best line of this video😃

[@rakeshprabhu5942]

Excellent video , especially the final one " Money is not important, that's true, but make sure you have lot of it, before you actually make that statement"

[@vineetsaha8271]

Nice he has liquid asset of above 3cr and fixed asset of 1.7 Crore , didn't mention the gold. He has very high networth even though he is a salaried person....Very inspiring.

[@cero1296]

I feel that's quite low. Any regular apartment in Delhi/Mumbai is 1.5-2cr easily. Apart from that given IT salaries these days, 5cr net worth is mediocre to say the least. I have around 3.3cr networth at 32M and I feel it's quite low considering this person's career stage.

[@gururaj0072]

@@cero1296I think you should not consider the place you live as part of net worth. A withdrawal rate of 1.5% annually will make sure you never run out of corpus (inflation adjusted with distribution of 50-50 in conservative and stock mkt invested). So for 3.3cr, the withdrawal would be 5lpa(approx 40k per month as of today, this number is again inflation adjusted). This income would be decent imho. I wouldn’t say you will be able to splurge, but you can live. Read about swps. There are way many models on swps, you can tune it accordingly

[@itsfunnyshubh4000]

​@@cero1296Wow! you are saying it is a low amount😂😂

[@MuditSehgal]

@@cero1296I hope you are not accounting inherited home as part of net worth. Please only take into consideration the amount you have actually made yourself. 3 cr will start to make sense in that case.

[@cero1296]

@@MuditSehgal I am not accounting inheritance. Only self made net worth not locked in real estate. Accounting inheritance it may be well over 10cr but I feel middle class to be honest.

[@aleems150]

He is super cool, composed and self-aware about his lifestyle. His approach towards money is wonderful, great to learn from him. Thanks Wint Wealth team for bring this to us.

[@WintWealthYT]

Couldn't agree more!

[@prefuvvk]

Yes

[@gurpreetkakkar]

​@@WintWealthYTi m 33, self bought 2 bhk , esopp , stock, pf, mutual fund, ancestrals too. Do i qualify 😂

[@seekertruth72]

@@gurpreetkakkar I think if you get passive income from your investment which is enough to get early retirement then you are qualified

[@gurpreetkakkar]

@@seekertruth72 passive income isn't the focus right now. Growing portfolio is , so putting money rather than withdrawing. Also if i withdraw from Esopp that's 30% taxed, pf isn't also allowed right. From stocks and mutual fund, its like break even, interest withdrawal and expenses would be same.

[@NellyAranha]

I have seen this interview multiple times . Each time i learn something new. His financial plan is so practicals unlike others who just talk mfs and shares. Gives hipe to a middles class man also provides guidance on how to imrove ones salary.

[@michaeldsilva]

@NellyAranha Appreciate your feedback. You may find detailed approach in my book.

[@doodle_alchemy]

Yes...even I keep coming back to this video for some reason!

[@RahulYadav-nk6wp]

This was gold content. The guest is so concise and had clear strategy in place.

[@jamaswin88]

This guy is for REAL and I have had the opportunity to sit with him. A very knowledgable and analytical driven person. Awesome session and hopefully someday I land in phase where I dont have to track money!

[@michaeldsilva]

@jamaswin88 Good to see your comment here. Next time we meet, now we have more topics to discuss.

[@pb25193]

The fact that an ordinary ppl can have so many valuable lessons is amazing.

[@BCBABABOI]

Im 18, all these interviews are a part of my financial education. Keep it up! Im sure me and the channel are gonna grow together

[@bombaykulfi3211]

Good luck, you will be a millionaire one day. Felt good after reading your comment.

[@rehan4783]

yea its quite hard to find anyone talking about it so upfront with the numbers on the table im 18 aswell and this channel is amazing

[@shilpaohri1900]

all the best to you with your life; build wealth and share some of it with causes that i could benefit; stay happy and contented

[@pharrell9024]

"Become rich before you become a philosopher" -SRK

[@CameronFussner]

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

[@leojack9090]

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

[@fadhshf]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@hasede-lg9hj]

I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.

[@hasede-lg9hj]

The advisor that guides me is Sharon Ann Meny, most likely the internet is where to find her basic info, just search her name. She's established.

[@jhapradeep]

The amount of clarity he is having it's no surprise that he is financially independent.

[@michaeldsilva]

@jhapradeep My responses are based on my personal journey and learnings towards financial freedom. I have detailed the approach in my book. The link is in the video description.

[@shilpaohri1900]

I, too, am very impacted by that; as many of us tend to struggle with making firm decisions we stay satisfied with

[@srinivasn415]

In finance, behavior matters more than knowledge. This is the reason why a lot of educated people struggle with money, as many of them are inherently bad at managing their emotions. Despite not having great knowledge about each individual asset class, this person was able to become financially indepent as he was able to stick to his discipline and learnt how to 'behave'! Clearly, he has learnt to be happy with what he has and rest all is bonus!

[@oladelano3995]

💯 %

[@arvindramachandran9926]

This guy is gold. He was honest. Not too complicated with the idea of making wealth.

[@michaeldsilva]

Wealth is a by product. I never set out to make a huge money. When I started, it was to fund small regular expenses. In Chapter 6: How Much to Save of my book, I have highlighted the flaws of the websites calculating a retirement figure and why one should avoid such calculations. The link to the website is in the description of the video.

[@wanderingsoul7348]

Happy to see someone with a different viewpoint than the masses. He is right in many aspects.

[@soumendash3911]

Are you talking about rental yield?

[@wanderingsoul7348]

@soumendash3911 Mostly about the fact that people chase high returns but ignores the high risk associated with it. But, as long as you have sufficient capital and you beat inflation and your returns on investment takes care of your expenses, then you don't need to do all the high-risk investments to get high returns.

[@michaeldsilva]

@@wanderingsoul7348 This is perfect summarization of my approach. Thanks...could not have done it better. Maybe you should write the foreword for my book.

[@Jusbrowsing]

Agree with you 💯 % wanderlustman!!

[@seizethemovement9288]

This man is very intelligent and real... Thankyou please put people like him please

[@DrKallalPramanik]

It is truly remarkable to witness the exceptional clarity in Feroz sir's thought process. His ability to accumulate an impressive corpus of approximately 5 crores, excluding his real estate assets, serves as an inspiring example for others.

[@mehbubalom5777]

Simple Word spoken from his Mouth, Zero Attitude or Ego, Speaking with a lot of experience... Respect for you Sir!

[@yashwanthdilipkumar818]

Of all the interviews till now , this seems very relatable and sensible!! 😂

[@kartik180rajesh1]

Yeah almost all of us are handling 1Cr packages. Very relatable :)

[@shannu1927]

​@@kartik180rajesh1bro you handle one cr package what do you do can you help me

[@AvinashCheedella95]

​@@kartik180rajesh1😂

[@yashwanthdilipkumar818]

@@kartik180rajesh1 if you are looking someone managing his finance at 25K monthly salary !! You better unsubscribe this channel and listen to someone who got retired now ! Ppl now a days easily make 1L salary !!

[@saroenterprises8233]

He is very humble, gentle and honest. Wish him the very best.

[@adityasairam8923]

Sir ..a grand salute So honest, deep and wise interpretation of wealth management. The last statement truly deserved applause. 👏

[@OwenFlex]

The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation

[@John-ww2fv]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@SeanJohns-ze8ie]

I don't think I need a finance advisor. I can manage my own money and investments. I don't want to pay someone else to tell me what to do with my hard-earned cash.

[@LeeParkchu]

That's a risky attitude, My friend. You might be missing out on some valuable opportunities and strategies that a finance advisor can offer. A finance advisor can help you plan for your short-term and long-term goals, optimize your tax situation, diversify your portfolio, and avoid costly mistakes.

[@TheRothschild770]

I agree with You. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations. They can help you stay on track and avoid making impulsive decisions that can harm your financial future.

[@GibsonJames-gr3on]

I used to think like you. I thought I knew enough about finance and investing to handle everything myself. But then I realized that I was spending too much time and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and gave me peace of mind.

[@RivanmiddleeastRiv]

Iam looking my self in him. Iam at 37 now but going to build same portfolio in all aspects. Its gold concept ✨️ 💛 😍

[@michaeldsilva]

@user-dv7yi6qv2l Appreciate your comment. I would propose to not look at portfolio constituents but at the process of covering expenses. The portfolio is a by product. Refer my book for the detailed approach.

[@blr543]

All viewers eyes blinking with stars of dream..... Good video 👍

[@fashionaturstreets]

I loved this interview. He us very humble and knows alot. No flashy attitude. Very relatable to a middle class person.

[@LanceyRoche]

You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people,One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Emily Lois Parker my FA.

[@harrisahmed3066]

That’s some good values. sounds like you got something going for you

[@harleycartley3138]

I looked up Emily Lois Parker on the internet out of curiosity; she has a strong résumé

[@donaldlocher2537]

I started investing when I was 37, mostly through sweat equity. I just turned 42 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!

[@ericwilde4583]

Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@AnkitSingh-cb1gh]

A valuable advise from an amazing guy. He is sorted in his thought about the financial stability. I am also a kind of guy who would like to invest a lot and would love to retire at 50's. I would love to try FDs.

[@godcks91]

I think this one is really valuable episode and very relatable to many normal salaried persons who are in for a long game.

[@amarkumar-pm2iv]

Quite informative. Only one challenge I foresee, expenses will grow over passage of time due to inflation… Investment instruments are largely of fixed income nature and thus will not have capital appreciation which will eventually bring down the value of passive income.

[@michaeldsilva]

@amarkumar-pm2iv Agree with your viewpoint. Two ways to address it. 1-keep control on standard of living and 2- I still continue working and earning. Having FI has given me freedom to choose my job option. My book sales have also started contributing royalties. These additional earning adds to the income.

[@kcpatel10]

Very nice video with valuable knowledge for how to manage money and retirement planning. Guest shared his investment strategy genuinely that helps us for better and real life clarity. Thank You Very Much for making this video, this really helps to us for better life.

[@Prashanth026]

1) Open a bank account and move all your interest and divident to that account. 2) Categorise your expenses 3) start now 4) spend and enjoy from your passive income. We need second episode with him again.

[@michaeldsilva]

@moneyandwealthtv496 Thanks for your comments. I am always happy to share the small learnings I have. In the meantime feel free to connect with me with any queries. The email id is on the website of my book.

[@SK-fq5ng]

Good one. Please share more such interview. The expenses classification was a good thought provoking points.

[@harisubramanian3793]

LOVED this man. So genuine.

[@sandeepshenoy]

What clarity of thought. The guy is just brilliant 👌

[@SunnyUBC]

Such beautiful advice towards the end, guy is truly realized!

[@sunilgowda3233]

Brother hats off to your channel ❤..i am a middle class guy..by started seeing your videos I got motivated and started to make a business plan based on development agriculture land..I have resigned my job and i trying as much as hard to stick with my plan..I have explained my business plan how much investment required and what wil be the return will be generated and all..around to most of client they said they plan is good and they are okay but initially investment is required...hope one fine day I wil be successful..and I wish once I get successful my plan is help to most of our middle class boys to be successful..

[@dnyaneshwardage2732]

Wow what a Gentleman, Sir learn something from you and I will implement in my life, thank you for inspiring 🙏

[@michaeldsilva]

@dnyaneshwardage2732 Thanks for your appreciation and happy to know one more person is inspired. I have detailed my approach in my book Girl be on F.I.R.E.

[@shkaarif]

Around 1.44 crore in fixed deposit (60K ie. 7.2 lakh a year assume 6% return then amount in fixed deposit 1.44 crore) 1.44 crore is 35% of his total investment. So the total investment is around 4.11 crore 4.11 crore + 1.7 crore = 5.8 crore approximately 6 crore. So we need 6 crore today to become financial independent.

[@SUJITHPAYANDATH]

😂😂

[@RahulSingh-my4vh]

you need to factor in that 5.8 Cr gives him 1.2+ L per month for his living expenses. if some body can get this in less corpus with FD + MF then that becomes retirement income

[@praveenkumars9111]

Great sir for telling how to be financially independent showing your investments and how you manage it effectively

[@michaeldsilva]

I have also detailed out the methodology in my book. The link is in video description.

[@vsvijaykumar]

Good financial strategy. Especially, bifurcating expenses and income .

[@shubham7668]

Whatever he is doing, he knows it really well I like that clarity

[@prabhanjankr]

Felt like I’m only speaking, so relatable. Love wint as always. Want to start investing in it soon

[@spartaautube]

Sir calls it “carrier” and still could make it big 👏👏

[@vidyasagar6348]

Very gud advice it's actually required for middle class

[@kameswarikeerthana9414]

thank you for the video. it was brilliant and speaker was amazing to share such a great information.

[@raghavenderraob5343]

Excellent sir, Every word came from his heart Thank you very much sir for valuable advices

[@michaeldsilva]

@raghavenderraob5343 Thanks for your comment. I was covering steps I took towards FI. I have detailed the approach in my book "Girl be on fire".

[@ashwinkumar-yc5nr]

Thanks wint. This series on Financial Freedom is really valuable.

[@dibyeshdas4926]

This will connect with a lot of listeners i believe and more actionable points for the young minds striving for financial stability..

[@michaeldsilva]

I have also detailed out the methodology in my book. The link is in video description.

[@adityashedge6118]

Good Advise ..'' LOW RISK LOW REWARDS '' !!

[@karthickraghuvaran3586]

The best yet!! So sorted .. just simple!

[@investoengineer3811]

He has very clear thoughts, knows future challenges and he is prepared to handle it.

[@motivationalmantras6084]

I think this person is gem. He shared wonderful advise.

[@michaeldsilva]

Thanks. Appreciate your view.

[@shrikantvaidya4319]

Great video! And that last line was said by Shah Rukh Khan. ❤️

[@ShaileshKumar-yu9zu]

Right attitude towards money...low risk low reward idea is good if u r not greedy

[@michaeldsilva]

The phrase highlighted in my book is "Low Reward = Low Risk". This is described in Chapter 5: Saving vs Investing in my book. The link is in video description.

[@bobbysahye]

Money is security ,freedom and is the key of every products and services in planet earth .

[@jitendrakhatate229]

Master piece Money is not important That's true But make sure u have a lot of it before u actually make that statement.

[@gunybhai-v2m]

he has a clarity that is so much inspiring. it would be a great thing to meet him in person.

[@iashishi]

The return on real estate is actually not 3%. You have to look at the amount invested which is around 71 lakhs. So, his yield is 7% and it will keep increasing as the rents increase. If we remove his last two investments, the rental income is probably more than 10%. The trick is the yield increases with time as rents increase.

[@gullubhaihai]

doing some basic maths, he is at around 6 crores (including real estate). You are welcome. Thanks for creating great content. Loved his expense bucketing strategy.

[@Badbayafternoon.]

I like the concept of low risk low reward....

[@michaeldsilva]

@timeisgod1667 True... the idea is to look for low reward so one can play with low risk. I have detailed this approach in my book.

[@vishaalbhatnagar3924]

Very prudent financial management. Timely investments in good assets.

[@michaeldsilva]

@vishaalbhatnagar3924 Thanks for your comment. Post facto it seems that way. It was not so when I started but built it over time. I have detailed my approach in my book "girl be on fire"

[@shantanunakhare]

Gold level content by Wint Wealth

[@prasannarao5931]

These interviews are really good, great going Wint Wealth team

[@ashishbhat365]

Incredible discussion + Learning!!

[@poojapatil2461]

one of best episode on financial planning

[@bhasuha]

He is the One side of Reality ❤

[@someshyv]

Housing doesnt only give you rental yield but also appreciates in value, even the rent appreictaes in value. It is way better than the nominal 3%

[@deepankargoswami8636]

Great guy! Has good understanding of what he needs to live well. Rather than chasing returns balance it well.

[@SMKarthikeyan]

We need content like this which is very useful he clearly determine what actually he is getting in passive income in detail rather than some unusual percentage numbers by other folks

[@CA_SmitKalaria]

Absolutely..I remember in one of the interview, the person had said that I will not tell you the exact number but I can buy 12 maruti ciaz

[@SMKarthikeyan]

@@CA_SmitKalarias most of them exaggerate, but when it comes to real numbers of how they play in money management they hide there tactics

[@houseOfBhemu]

content of this channel is GEM

[@Cricketkeda28]

Lovely videos, keep bringing people who have retired early by working in corporates

[@bablushaw6856]

This was an advice I was looking for. Why do I need to take High Risk? Better I should know how much I need.

[@michaeldsilva]

@bablushaw6856 Thanks for your comment. High Risk is the glamour being sold by smart salesperson to gullible individuals.

[@srinivasn415]

It was a simple but wonderful idea to consider interest and divident income as the money to spend towards discretionary expenses. Helps to lower your greed and also build a discipline for investing and leaving the capital untouched!

[@michaeldsilva]

@srinivasn415 The core idea is to categorize expenses and then allocate investment to align with the attributes of each category. Also, I had a cardinal rule to not liquidate any of my investments... hence leaving the capital untouched.

[@bobbysahye]

proud to be a baniya(Vaishya) born outside india (London,UK).

[@veereshwarsharma1254]

Very nice balanced advise for a category of people

[@PardeepKumar-lq3wi]

I left when he say there is always a better way, we should be always looking for better returns within constraint of liquidity required

[@investoengineer3811]

Good insights. Thank you wintwealth

[@WintWealthYT]

Glad you enjoyed it

[@ankitbisht655]

Insaan ho ho equity ho upar jaana he ! Kab jayega pata nahi? Couldn't have said it better

[@masterdinakar]

Saving money is more difficult than making money, I make 1 lakh per month still ending up over drafting credit card. Should plan from now on

[@yogforpeace]

Bro you need fix things. When i started with 60k salary per month i saved 45k , when my salary went 5 lakhs per month in USA i saved 3.85 lakhs per month. In 8 years job I have saved 1.4cr. And my current month expense not more than 20k.

[@rohangohil5509]

Please create playlist of passive income…it’s damn interesting and it give ease to viewers to view some specific videos

[@thomasmene6559]

Very informative

[@SunalMittal]

3% yield on rental is just the cash flow just like dividends on stocks. You also need to account for annual growth in price to compare with 12% mutual fund return.

[@michaeldsilva]

@SunalMittal Agree with your view. The core topic was around cash flow to fund expenses. In addition, I have experienced that every asset class has its good and bad period. Hence, prefer to be diversified across assets and not concentrate on the asset giving highest return.

[@SunalMittal]

@@michaeldsilva I see. If we are just looking at cash flow perspective, then we should just compare dividends from stocks and the capital gains from the value increase. Because that 12% average might be -20% in a year and +32% in the next year. It’s not a real cash flow per se.

[@Shubhgirish]

So nice 👍🙏

[@Joshiji77]

Its called experience 😊

[@dhanrajbhure6406]

Self funding/financial Independence complete strategy: ¶ Categorise your expenses. 1. Survival expenses. Rent, grocery, medical etc. These expenses can be called as critical to survive. 2. Can be reduced. 3. Can be delayed. (Upgrading smartphone, Car, Vacation etc.) 4. Expenses can be eliminated.(Unnecessary expenses shopping, movies, eating out etc) 5. One time expenses. Look for the frequencies at which they are coming(Monthly, Quarterly,Every six months etc). 6. Specific investments. FD, mutual funds, Rental assets) Survival and reducible expenses can be drawn from FDs,Rental assets,Post office MIS etc.

[@michaeldsilva]

@dhanrajbhure6406 Good summarization. However, there are 6 categories ... not mentioned here in video due to time constraint. I have detailed out in my book. The book also contains a detailed table of expenses that can be tracked. The web site link is in the description.

[@kabira13]

Rental yields should be calculated on the original value of the investment and not the current value.

[@smitadesai2972]

Very informative.

[@sunik240]

Loving these series. Keep them coming team.

[@vinothsundar]

When he calculates the rental property yield he is not calculating with Property appreciation in to account. example 8-> 60L is 7.5X increase lets assume 15 years on property that alone is 14 CAGR.. On top of it its 3% yield like stock growth and divident yield.. I would ask the person to stay with realestate.. as he rightly mentioned its a diversification.

[@NiranjanBendre]

Thank that lady for this interview 👍👏

[@aryensujjan]

I have never seen such a setup wow different

[@Gnik27Singh06]

I hope you consider recording these kinds of videos in Hindi or other regional languages so that a larger portion of our population can benefit.

[@sijok.b9992]

Wint wealth. I just love the interviews which you have here. The content is gem..