You can NOT retire with ₹3 Cr corpus!| Retirement Planning |Ft. Dr. Pattu, IIT Madras |FIRE Movement

[@AbigailOliviaq4l]

"Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."

[@SophiaChloé6f]

Well said! Retirement is the reward of disciplined investing over the long term, not just a destination.

[@LoganGabriel6m]

Well said! My adviser guided me through retirement planning, ensuring my investments were strategically positioned for long-term rewards.

[@LincolnFelix-s4z]

That's a great point! Finding a reliable financial adviser would be essential for me to ensure my retirement plans are well-structured.

[@LoganGabriel6m]

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

[@LincolnFelix-s4z]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@Dailypalamides]

I’m 50 and my husband's 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.

[@Bergenn158]

Great job with your husband! I bet you’re living your best life right now.

[@phyllisburtonhearsawho]

What’s fire please?

[@Dailypalamides]

FIRE means Financial Independence Retire Early . It’s been a movement teaching people financial independent and how to retire debt free through solid investment and frugal lifestyle

[@phyllisburtonhearsawho]

how do i go about this please? i would also like to retire early

[@Dailypalamides]

i recommend the services of Dianne Sarah Olson a US based financial consultant and analyst. She has been very good to my financial journey.

[@HareeshK-g3n]

He is one of the best financial educator to listen to in You Tube…his articulation and knowledge comes handy when explaining concepts…simply wonderful listening to him in English or Tamil…❤

[@swasteekr1636]

Edited? Hmm

[@LinusWelt]

Educator is different, a guide is different! Most educators aren't good guides, say on investments.

[@HarmonicGuitarBeats]

Speech from 15:45 mins to 16:30 mins is the Golden Tip for the life. Thank you sir.

[@DheerajKattula]

The interviewer should learn to let the guest speak without interrupting. Her interrupting him when he was telling the story of -3L to finance knowledge was absolutely not in line with the goal of her question!

[@NaturOrganica-eg5bz]

there is something called editing brother

[@vigneshkumarganesan1529]

@@NaturOrganica-eg5bz 🤣

[@DheerajKattula]

@@NaturOrganica-eg5bz 🤣 very much possible that editing spoilt it a bit and it isn't interviewer problem. Thanks for telling.

[@INDmoney]

Thank you for your feedback, we will improve👍

[@shabariprasad3490]

Yeah it is an editing issue

[@balasundaramn7945]

Beautiful things About Mr.Pattu is this is not that first interview with these questions , but still puts his full attention to questions n details the explanation, shows his respect to viewers n interviewer!

[@dhruvmalik5927]

The only interesting question came at the end on making investments a family activity. Otherwise all "questions from the internet".

[@akhandbha]

For financial freedom, minimalistic life is a must even with a huge corpus.

[@Damncars456]

convinced that investing $50k-100k in the right company before it goes big is better than just saving for retirement. But since picking the right company is hard, saving might be safer-who would’ve guessed SPGI? I have $200k in a HYSA and want to invest. What are the best opportunities now?

[@MakeamericaGreatagain-h7j]

convinced that investing $50k-100k in the right company before it goes big is better than just saving for retirement. But since picking the right company is hard, saving might be safer-who would’ve guessed SPGI? I have $200k in a HYSA and want to invest. What are the best opportunities now?

[@Tsunaniis-j5l]

I agree with you. As an early investor in NVDA, AVGO, ANSS, and LRCX, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.

[@PhoenixReborn-v6v]

I'm glad I found this conversation. I have cash to invest but am worried about picking the wrong stocks. Can you refer me to your financial advisor?

[@Tsunaniis-j5l]

Melissa Elise Robinson is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@DreamweaverShade-h9p]

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.

[@sukantasagar9492]

Pattu sir is a genius when personal finance comes to picture. Very focused to the point explanation and very very realistic. Every words of him in this podcast signifies his in depth knowledge and profound experience in this field. Retail investors like us are very very fortunate that pattu sir is there to teach us everything about finance world.......

[@INDmoney]

We agree 🙌

[@ReginaMcLauren68]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[@ErikKlaasenDad]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@StalinGrabovsky]

Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@SoledadUnai8]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@StalinGrabovsky]

Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@PierreBailey3]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@talk2atul]

3cr may or may not be enough to retire, 30L may or may not be enough to retire, 30cr may or may not be enough to retire, 3L may or may not be enough to retire - it all depends on what your goals are and it's VERY personal. Retirement goals are VERY personal, money goals are VERY personal, life goals are VERY personal. Therefore "You can NOT retire with 3Cr corpus" is very bold and sweeping statement which ignores "personal" nature of money goals and priorities.

[@gudduentertains]

❤

[@seekertruth72]

there are people who stay is less thann Rs 500 in villages with much better quality of air, peace, nature and community at the end of daits personnal how much one want to spend

[@Radha009]

He said, for a person with 1 lakh monthly expense, 3 cr is not a corpus to retire.

[@pqpqpqpqpqpqpqpqpq]

​@@Radha009 3 cr makes 2 lakh of monthly interest in bank fd so of course u can spend 1 lakh from it.. You r not taking it out from networth and additionally saving extra 1 lakh as well monthly basis..

[@RizwanMujawar]

KZbin algorithm needs a title that attracts viewers and forces them to comment. You commenting here is the exact output so they are successful and the subject is a success. But yes agree with your evaluation. You are right.

[@ParagD-l4k]

Minimalistic life is big big help... Because greed is endless.. even 25 cr won't be enough then..

[@yogensood8293]

The perpetual motion analogy was Spot-On!

[@ThinkingMonk000]

Nope, it wasn't.

[@kwondo_22_mars]

​@@ThinkingMonk000You go and play games, it you don't get it well 😅

[@siddhantdixit98]

No it wasnt

[@pradeeppep132]

'I'm Pattu from Freefincal' is the best feel good magic mantra after Abracadabra ! I'd say.. I'm thankful for all the knowledge shared...

[@sayyedfarhan6396]

Simply Brilliant!! What a piece 🌟

[@Harperrr.99]

I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 1500+ units from collabrative efforts in the fund my estate planner has me invested in. I do not work.

[@jonathanxxxx876]

I only contribute 5% to get full company match, that’s it. The 401K plan is designed for you to work until you are about dead. Also, the government does not have their hands on it yet either.

[@Blitcliffe]

My spouse and I live off of our 401K. We don't work. I recommend highly to everyone to build your 401K or Roth IRA's as an alternate revenue stream in retirement to your Social Security. An observation on 401K's is when it gets over 300K it starts to accelerate. When you get over 500K it can really accelerate as the stock market grows.

[@wellsHannahh]

That's incredible. Could you recommend who you work with? I really could use some help at this moment.

[@Blitcliffe]

Sonia Nunes Demelo is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@wellsHannahh]

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.

[@navinfernandes747]

Dr. Pattu is so articulate... it is very refreshing to hear him everytime..

[@rageshgr]

So glad to see you getting well deserved reach sir ! All the best

[@AmirKhan-wo7cd]

Respect and love for Dr. Pattu. I never miss his podcasts.

[@kartickghosh1933]

"Many things work in spreadsheets but not in real life". - no ankur warikoo is harmed. glad somebody is addressing it.

[@PraveenKumarMalviya-ll9fd]

Every word spoken by Patti sir about financial advice is so practical and genuine.

[@regularhuman95]

Its enough if you live in tier 2 or tier 3 city. Also, this money wont sit in your bank account, it'll be invested either in FD or in Equity or mutual fund with atleast 10% returns. So yes, 3 cr is enough, even 1 crore is enough if you know how to invest.

[@fortheknowledge145]

Feels like a great start to my weekend. I just feel happy seeing his face.

[@adi6183]

this guy is og of personal finance. much better than the lallu finfluencers of today

[@SaachiitCK]

Sharp mind.. like the way he looks at investment as investment rather than ...return oriented

[@CaryTriana]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[@SylviaJoe6]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@MichaelAD222]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@AlexandraGray-t4]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@MichaelAD222]

Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@GeorgeCook2]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@ritam378]

This video on your channel is the best video i have found on youtube so far. ❤❤ Dr Pattu... Paranam 🙏

[@INDmoney]

Glad you liked it! 🙌

[@sushantachoudhury7021]

Thank you, Sir. A big fan of your finance teachings from 2013. I really liked the way you are imbibing the delayed gratification habit on your son.

[@geethasundaram8217]

First time I see someone explaining finances through physics 😳… this shows his expertise in both physics and finance 👏👏👏

[@girijahiremath4956]

Your advice is very clear and sorted . Simple and with Right focus . Thank you

[@GaneshNayak]

The delay calc was heavily edited and missed the key insights.. Can have a second channel where you can release the full interview without edits for those who are interested

[@rajesha9842]

Kindly release the full podcast without any edits .. Will be a very interesting watch .

[@ak-yo4wo]

The interviewer is a sweet person. Her father must be proud of her

[@Sunj7]

If you can’t manage your income, you can manage your expectations. Stay minimal, be happy!

[@SureshKumar-p7l5i]

Amazing and Superb, words of wisdom.🎉

[@ramakrishna1008]

Pattu sir is true legend, he is an inspiration ❤❤❤

[@csensoftonline]

Income does not become wealth. Investment does. More income will only encourage more spending but investing will not. That being said, index fund is better than individual stock picks.

[@donaldephraim]

Dr. Pattu, the whole world is learning from you. We are proud that you belong to Tamil Nadu.

[@bongquisitive]

Partially agree with his opinion. While it is true that wealth is built through income, not returns and thus one need to focus on increasing his or her income; it is also to be considered that most of the private jobs are not secure (now even some Govt. jobs as well), efforts of increasing income also bring risk of burn outs, mental fatigue, depression and many things. It's great if you have a good work-life balance, but in India, very few companies understand the concept of work-life balance and as such, if you're earning good amounts, you can almost be sure that the person has to work tremendous hours or at a very mentally tiring job. Happy Investing everyone!

[@sharmasachin99]

completely agree with you.

[@sharmasachin99]

no one can make wealth of100 crore using his income only. if his income is only 1 lac/month. As per my experience, person should do job , earn income until he saves enough amount to take risk with or without job to multiply his wealth. One can not multiply wealth by his income only. and one thing to note down here is everyone has limited time and income is directly proportional to time left where as investment in any asset like real asset or equity, can multiply irrespective of time . If a person focus too much on his job as you can see in IT field in some companies they make you work like slave even on weekends, he can miss many good opportunities related to investment, instead of regular income , one should focus on increasing his net worth

[@akhandbha]

He is a bit pessimistic. I have been following him for a while, taken my lessons from him . But nobody is perfect.

[@ParagD-l4k]

I don't accept it. In corporate, there are many who earns good salary without any pressure, long working hours.. on the contrary, more salary at higher position doesn't necessarily means long tiring working hours.

[@nobuffer-indef]

it is all perspective. Every eye has different view.

[@abhiksen5886]

super advice !!... Thanks to Dr. Pattu and the interviewer 👏💐🙏

[@renoll]

Pattu sir is an amazing person. 🎉❤ Also this is to the interviewer, stop cutting guests in between and move to another question. It makes zero correlation and bit off.

[@vaniv187]

Ya I also felt the same but then maybe it looks edited..so I assume this may not be the original one which they recorded!!!

[@oms9216]

Secret to success nobody tells is to never retire. Stop watching videos around the topic of early retirement. Watch videos which talk about how to continue working as long as we can. Not all early retirees live happy life because of human tendency is to see others still earning good while our earnings stopped due to ill thought decision.

[@danielquinn2]

This year I have experienced more gains than losses in the crypto/stock market. Thanks to some knowledge I acquired from my financial advisor and I have managed to flip the market.

[@jenniferwatleyj]

I have seen something like this on countless videos and i find it misleading. I do not trust most advisors as the last time I did, it didn't end well

[@danielquinn2]

I totally understand, i have seen this too, but before working with anyone you need to do your research, possibly meet them in person, my financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters not just on stocks or crypto.

[@jenniferwatleyj]

Okay, how do I get in touch with him?

[@danielquinn2]

look his name up online, please do your research, he is very good at what he does and has been in various financial market interviews.

[@alexius8111]

I am 38 with over 6 cr. And it still feels it's not enough to retire with the current inflation 1 thing I resonate here is wealth is built with income and not with returns Also real estate is not supposed to be sold take debt on it if the price increases there is no tax on debt

[@tamilmoviessuperscense]

Nice person. Speaking politely about reality ❤

[@dk2969]

Best thing he has said is “there is no compounding in market”. No one understands this.

[@pd9288]

The sad story is that 70% of India's youth are either unemployed or living with very nominal income.

[@abhisheksingh-ns4dl]

You should enjoy ur life... dont take it too seriously nobody gets out of it alive. This is all content for them

[@ThinkingMonk000]

This is why people in Physics do not become billionaires. Perpetual motion has nothing to do with the law of compounding. If anything it could be compared to, it could be Gravity, as the acceleration due to gravity keeps increasing the speed of the fall, so does the compounding increase your net worth over a long period of time. The fun part is that it never hits the Terminal Velocity, it just keeps going :)

[@abbhinavvenkat767]

Doesn’t Elon Musk have a degree in Physics? 😋 Jokes apart, Pattu is spot on, because you can't account for a sequence of bad returns, especially when you have a smaller corpus like 3Cr, at that expense level. Setup a proper simulation across market cycles (check his channel), and you'll see why he errs on the side of giving an extra margin. Also, not to mention, he is talking about investing for the common man, and not for those aspiring to be billionaires, for which you're much better for staring your own business.

[@LinusWelt]

Wie bitte?😮

[@rajeshpadala026]

He answered to the question. Can we retire with 3 cr. Eating idle will eat away mountains. That what he was mentioning. 4% eating out of 100% wealth every year without further investing is not the idealistic sutuation he was mentioning. Try to analyse practicality. If covid like sutuation or war zone hits in a life time you will be on road.

[@karanvasudeva5424]

@@rajeshpadala026 Force majeure keeping interest income at zero for 20+ years is a pessimistic projection, to say the least

[@ParagD-l4k]

What retirement retirement you are talking about.. rich wants to work till 80 they hate retirement.. middle class wants to retire at 40.. after retirement what u wanna do to keep yourself busy in productive manner.

[@karthik2019]

Rich will make middle class work (so they enjoy some one working to full fill there dreams), middle class will work for rich (to full fill some one else dreams).

[@jumpinJUMBO]

why we need to keep busy and keep doing something ? why cant u just lay on bed , chill , play on phone , watch movies ? why u need to productive who taught u this where is this rule written which book

[@moneymagnet641]

98% of indian population has never seen 1 crore in their lifetime n will not see.

[@dheepakhrajaram5346]

Better Job with my son than I did with my wife!! It is so true, Pattu Sir. Even I have the same situation.

[@mandarp9472]

Simple calculation for retirement. One need to have your own home with no debt and corpus equal to 50 times your annual expenses at the age of 50 years.

[@Amitgddn]

Correct

[@Globalsid]

What is the income per year on an average you are considering for your calculation to be relevant?

[@traderpsingh]

INDmoney need to have a MuTure Interviewer, This panel lacked engagement

[@contentwriting2152]

True

[@aarthipremkumar1515]

Amazing and very useful insights. Do you do retirement planning consulting please?

[@somratdutta]

My advisor said that I will hit 10cr by age 35, and 100cr by lifetime, but I still don't know where to stop.

[@LinusWelt]

Finally, it was a flawed view on respect and prestige!

[@NS-bc3wv]

Really nice interviews

[@deepak-rawat-01315]

yes 3cr is enough , 3cr can yield into 190000 (1 lac 90 thousand approx) income per month using fds. I have a low package of 25 lac with home my parents built , targeting to retire with 2 cr corpous.

[@abbhinavvenkat767]

Who will account for inflation?

[@rohanp8645]

What about post tax returns. And reinvesting to continue growing the corpus. If one withdraws the monthly amount you mentioned, will the corpus continue to grow and last a long time?

[@rageshgr]

That's not how it works. At all. Heard of inflation ?

[@deepak-rawat-01315]

​@@rohanp8645 1.9 lac mount mentioned is monthly amount that you will receive as interest on 3 cr FD ( not part of corpous), From this 1.9 lac you can increase corpous , you can invest , you can have your expenditures, taking consideration of not living too much lavish life.

[@deepak-rawat-01315]

People just add inflation as an exception whenever you talk about growing money,,, first of all if inflation is 7% , that doesn't means everyone will be effected by it 7%, for some it is 2% and for some it is more then 7%

[@pavankuriseti7966]

Nice podcast

[@ab1ek145]

Wealth is build with good returns, invest in good mutual fund not in Penny stocks

[@biradarsridhar5667]

Hi sir.....I used to see your videos and I felt you were very genuine.....

[@Particamuwowo]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[@Saviourtina-c4i]

Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!

[@StephanieG.Augustus]

Opting for an invest-ment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfOlio has surged by 45% since Q2.

[@KarenJ.Mancia]

Mind if I ask you to recommend this particular coach you using their service?

[@StephanieG.Augustus]

Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@CharlesT.Foster]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@nobuffer-indef]

legend pattu sir

[@LinusWelt]

A free tip to this girl: Stop ssying, I just want to know...... Learn to ask in a polite manner, I'd like to know and so on. He was right on investing into a solid Index Fund though. However, refinancing your debt would be tricky, first pay off the loan to be on the safe side.

[@dhruvmalik5927]

Pattu sir can connect with me to understand real estate. It's the most important asset class which we need to learn about! Calling it a black box and ignoring it could result in being priced out from the market!

[@narasimhaprabhu8487]

I have seen old people with tons of money, perticularly after 75 but they are notable to manage it. Only instrument which works is pension or annuity. It is good to keep constant stream of money. At 75+ only need is the care. Look at Ratan tata. I think 3 cr. To retire at 40 is sufficient if he can save 50% of the income. The expense will go down as the kids become independent.

[@manishrakundla8205]

Dr Pattu.....Excellent !!!!

[@PEARL4UAL1]

Too much of anything is good for nothing. I saw my grandmother lived 108 yrs without her husband for more than 55 yrs and no money in her bank account only with few jewellery.if you think more it will always be not enough.

[@SkiNett]

I retired with a 5 cr corpus at an age of 42 and I didn't think twice. Thankfully my withdrawal rate is only 1% or less because of an income created by a real estate rented source by the family. Hopefully I don't need to step into my IT shoes again !

[@lone_wolf1869]

No amount of money will ever be enough if you don't have your wants and demands under control. You can either accumulate money and try to maintain your lifestyle or you can become minimalistic in your approach towards life and be chilled. I found the latter to be a lot stress free and easier to maintain.

[@sanjitanandasanjitananda8955]

1. Entire west (specially G7) is in societal decline 2. Read up on "dedollarization" excellent videos by Dr Ankit Shah (he has been talking on this a while) 3. The great migration predicted (most NRI Indians will be back in India in the next 5 yrs or so) once the west completely goes through a financial reset and INR appreciates wrt US dollar (over time) and as IT and banking sector lay offs increase 4. Better quality of life in the eastern countries and gradual decline of QoL of western countries, great food, no school shootings, live with ones aged parents 5. Leading role of BRICs nations in speeding up the dedollarization process 6. Get back to our roots of sanatana dharm and forget the failed Abrahamic religions 7. Interestingly Ramayana and mahabharata become more relevant once one grows spiritually and financial growth is not as important

[@Amitgddn]

Perpetual motion 🎉

[@TheSomshekhar]

My monthly expenses now is 40k and 3cr at 40 is sufficient for me

[@Sureshjeekay]

Did you consider insurance requirements, fuel, telecom, data, etc expenses? Please don’t just see what you spend today consider all things needed.

[@abhiksen5886]

madam you asked many very good questions,but you did not allow Dr. Pattu to finish, and then you ask next question !!.... viewers could not get the full advice !😢

[@pritampatra5757]

ASAN gang assemble🤟

[@goolqui]

Ideas for wealth

[@munindraojha7707]

I dont get why 4 percent withdrawl wont work. If 3cr earns average 10 percent that only gives 4percent after offsetting 6 percent to inflation. And 10percent I have taken minimal returns.

[@thomsondcruz5456]

Pattu should charge this girl for all the advisory

[@abhiramasekars.2761]

If you can make a corpus of 3 cr. you are not going to leave it idle. You may retire, not your corpus. A down to earth person can run the show with 3 or 4% per annum. Only if you have dreams of building castles after retirement, you will find you in trouble

[@abhiramasekars.2761]

If your life is longer after retirement and if the inflation is eating into the corpus and if you have larger plans after retirement...then any amount is not enough

[@Jimmy-qu3tq]

Can easily retire with 3cr corpus, look at market in the log term, it always gives 15%, even with 12%, your money will grow and will outlive you. Nifty50 gave 50% return from 2008 to 2013. Do your own reserch before listening to online influencers. For them its about views and money.

[@Amitgddn]

Always 12-15% returns

[@amittabhadatta1183]

No amount of money is enough for the most dangerous animal in the planet, human beings. As Gandhi said there is enough resource for needs of one but not ones greed and i would anxiety.

[@baskarv90]

Good questions But why donu say bought instead of brought

[@cockpit708]

In India 3 crore are more than Sufficient if u live entire life with low profile life.

[@Human-i7o]

Dear Dr. is it possible to get a personalised advice on financial planning for myself

[@sideprince69]

What if 3cr giving 10% return and 4% SWP.

[@The_Mobile_Trader]

If u even know to manage one crore rupee…u r good to retire🤫🤫 bet me..

[@shadwals4589]

You need 1cr for tier 2 cities and 2 cr for metro cities

[@me23xfhg]

Only if have a own house good for next 20years

[@The_Mobile_Trader]

@@me23xfhg u r speaking with a trader who makes 80 to 100% in a year 😂😂 I don’t need a house when the whole world is my home 🤣🤣🤣

[@sunapila]

​@@The_Mobile_Trader yeah yeah the trader who trade on mobile 😂

[@The_Mobile_Trader]

@@sunapila yes u child…hence the name 🤣🤣🤣 I’m the HM of the school where u studied 🤣😂😂 go and see few trades in my shorts 🤫🤫🤫

[@bijanmalladeb8617]

Same with me my wife too nit interested in finance, She only like swapping debit card.

[@counterpoint9260]

Hi if the 3 crore is invested then you cna get post-tax 5-6% returns..so why is 4$ withdrawal rate still high? not clear Pattu..you didnt elaborate

[@marketleader6357]

For creating a 3 cr portfolio for it peoples it will take more that 25 to 30 years. If 3 cr is not sufficient he has to work till his last breathe

[@debusukla]

commonsense always beats intiellogence in real life

[@narenreddy3012]

Points to remember 1. Wealth is built with income and not returns 2. Keep investing simple by investing in index funds . 3. By keeping investing simple you are saving time by not trading stocks and crypto. 4. Use the time in investing in your self like improving health, upskilling, spending time with family and friends or doing whatever you like. 5. Don’t have FOMO ( Fear of missing out). Invest small and consistently.

[@abhijeets6593]

its a personal doubt clearing person of the interviewer rather than a education podcast

[@LinusWelt]

Gold is as volatile and risky as Stocks? Really?😮 This female even said, absolutely!😂

[@PACIFICNZ]

In west most people don't save much as they are assured of government retirement pension and free medical. Only the high income earners buy own house otherwise most rent house all their lives.

[@vishwas22khare]

He is investing from a very long time and he seen 2crashes that is why he hasmore money

[@ParagD-l4k]

So everybody should be ambani adani tata birla to earn huge wealth.. which is impossible.. so if u r not doing business then u are doing job which demands long sitting hours with strict deadlines..

[@lionellawrence5798]

Subscribed

[@zaidsiddiqui7406]

no angooor is harmed in this video

[@SandeepVijay883]

😂😂😂😂

[@atulpandey6500]

That's like saying any jewellery is not an asset till you sell it and convert it into cash 😂 Home ppl live in has been biggest asset for most ppl. Lot of ppl have sold their homes and survived financial hardships when needed. Just cuz it's not easy to put an exact price on a house doesn't prevents it from being an asset. Most ppl have reference point and price their house accordingly. Anywhere there is a concept called fvh which talks about how transparent pricing is of a particular asset. Anything below level 1 is not automatically a non asset 😂

[@theredbaron28]

@05:40 what he said is a lesson to remember and pass it to the generations

[@Lubumbemusongo]

The last time I invested in a stock that did extremely well was during Covid when I invested in Moderna & Zoom and I am so sad that I missed out on Nvidia. I have $360,000 in cash and am looking for new sectors to invest in for the next five years. Any suggestions?

[@mthreezo]

I think AI is entering a new phase, and you should look into top companies investing in AI research. With your budget, it's a good idea to consult a financial advisor for personalized advice.

[@RicardaWindsheimer]

I agree, working with an advisor helped me build a $1.6m stock portfolio. Her guidance was invaluable, especially as an early investor in NVDA, AVGO, ANSS, and LRCX. Information, insight, and predictability are crucial in the stock market.

[@GersderaNioer]

I'm interested in trying this out. Who is your advisor, and how can I contact this person?

[@RicardaWindsheimer]

is my FA.Stacy Lynn Staples Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@bernadofelix]

Great tip, i just looked up Stacy and i must say she seems very wealthy. Looking forward to working with her