One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

@Nernst96

16 күн бұрын

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

@PatrickLloyd-

16 күн бұрын

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

@PhilipDunk

16 күн бұрын

I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

@PatrickLloyd-

16 күн бұрын

'Amber Dawn Brummit' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@PhilipDunk

16 күн 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.

1) Review the Last 10 Years of life 2) No excuse for savings and it is a must now 3) Hire a financial planner 4) Human Life Value (HLV) Term Insurance 5) Regularly visit Emergency Funds situation 6) Build the Retirement Corpus 7) Increase your earnings 8) Second Income earnings 9) Children's Education corpus 10) Buy a Home instead of renting

@balakrishnan-ih5vd

Ай бұрын

Thank u

@bhanuchandrakarisetty9718

Ай бұрын

Is the 10th one correct?

@arvindahuja1996

28 күн бұрын

2bhk home costs nothing less than 1.8 to 2 crore in good suburbs of Mumbai ....buying a house is a big challenge for a middle class family

@KPLBhambhu

19 күн бұрын

Thanks

@bharathkumarr1378

15 күн бұрын

@@arvindahuja1996 Same in bengaluru, its costs not less than a crore. Its a biggest challenge for middle class.

You made understood as an elder brother of family who think good of his younger brother thank you sir❤

🕉️🙏 Gurujii; aapke charnon ko kooti kooti pranaam.

Incredible Inputs on all points

Thanks for valuable suggestions that definitely grow up our life..

Thanks a lot Dr Bhat sir.....🙏

Thank you sir giving such important message 🙏

Insightful session

Thanks a lot Sir

Very Nice personal Finance video. One more very important point, focus on paying off debts as early as possible. I am 36, and became debt free last month only

Great suggestions. Couple of things to add : i) Health Insurance - This is really important, as a health emergency can really dent into your savings. Don't rely on corporate health insurance (only) - get a personal health insurance for yourself and family (including parents if possible) ii) Prepare a will - Just to make sure your dependents do not have to run around and get hassled in case of your untimely demise. In case of conflicts within the family, that is even more important.

@ankiindi2886

6 ай бұрын

Great points. Both of those.

@Brajgamer

2 ай бұрын

Health insurance is a very big gamble in India. You may end up paying lakhs of rupees just to find out that insurer isn't ready to pay at the time of crisis.

For a common person. This looks very interesting but focus must be on priority

I really appreciate sir for sharing valuable information. definitely ill be following steps to get better with my finances.

Don't be deceived by a retirement age of 60 years. In the private sector it is 50 years or less. IT employees should think about retirement by 45. Beyond 45 years bonus. Plan accordingly.

@sandeeppundir9509

7 ай бұрын

Well said

@Dheeraj-hv7vi

7 ай бұрын

Right

@Sld585

7 ай бұрын

💯 agree.. inflation and high taxes add to the challenge

@sunmoon144

7 ай бұрын

By 45 we wont have enough ctc bro. How can we retire so early?

@dm5665

7 ай бұрын

@@sunmoon144 you can't retire if you think after 40 years. Someone need to plan ahead and execute it. It requires dedication and effort and planning. When someone between 30-35 years can plan. Learn upskill(Own domain and finance domain ) and improve your income, buy insurance, gold, invest in MF, Stocks and buy land. Spend 30-40% your income. Keep expenditure in check. There is no free lunch which phase of life you want to enjoy and priorities there is no free lunch.

NRI money clinic got me 😅😅😅

1 Review of Last 10Yeare of life. 2 Savings is a must now. 3 Appoint a financial planner 4 Insurence. 5 Emergency Funds 6 Retirement Corpus. 7 Increase your income. 8 Second Income 9 Children Education planning. 10 Home buying.

@amolkakade7

6 ай бұрын

Thank you!

@koustubhpatil8082

5 ай бұрын

Add time stamps for each point

@gdasari8874

3 ай бұрын

Thank you ❤

Thanks a lot Dr Bhat for this wonderful message.

thanks a lot sir 🙏 😊

4RA ka cashback bonus bohot useful hai, loss pe bhi kuch na kuch wapas milta hai, real fun 😃🔥

What an honest advice .. not trying to sell “stuff” ..

Sir, this is good video, I am in confusion and trouble, my age is 39 and need your desperate help on how to plan next years.

Reviewing the past which leads to success in next 10 years.

Thank you for education/Advice!

What a clear and concise video with no beating around the bush. Every facet of a guy in early 30s covered. Kudos Sir.

Fantastic, very much helpful points covered. I wish I could have got these points long back. On the path to implement some of these. Thank you very much Sir🙏😇

Very very practical and reality guidance. Thanks Sir for helping us

😊 😊

This is a very elaborated way of planning. Thank you so much sir.

❤

Great to listen you sir we will use this 10 ka dam

My self kanagaraj Chellasamy from tamilnadu working in Qatar. You are made great points for earning as well as savings

You are correct, i am learning financial planning myself and starting only flat fee financial planning next year. I am myself very secure so its only purpose is be a financial coach No selling of mfs.thats conflict of interest.

Crisp and clear! Very very informative Mr. Bhat sir!

10 point finacial advices: 1. see my video link in the description 2. See my another video 3. See my another video ... 10. See my another video😂😂😂 Anyway, thanks for all the good advices and the video links👍️

Very helpful and practical framework.

Excellent video Sir...Thank you so much

Buy or rent a house is debatable & complicated subject as one important aspect is if u buy apart from rent ur property rates also increases

Your financial advises are very practical, useful. Thanks

Sir is it good to close home loan if we have the same amount invested ?

I am keep watching your videos since 15 months

Video starts from 01:50

Im 47 and still working. It depends on individual circumstances too. But yes, for me it was between 30-40. After 40, it becomes challenging due to midlife.

Thank you for the video, I really appreciate your advice and will try to implement possible aspects.

Rule No.1 keep your money near you even if the return is low. Do NOT invest in real estate India. Very difficult to manage.

But sir wat if the person struggled all the way and got married at 34 Due to COVID and other challenges if the person has lost job Struggled all the way from the debt How these kind of people can plan Most of the people who are earning low salary , lost job, married at 35 and no future opportunities

Very inspiring video for us... thanks for sharing such valuable information without charges.

Appreciate your advice... thanks

Sir,please create a Hindi show.

Very Informative !! Thanks Sir!!

Sir nicely earning at the age of 38 getting 25k MNC wife getting 12k in private school A police constable is 50k salary govt teacher getting 48k in our rajasthan what is nicely

Great advice.. thank you so very much sir

Beautiful message thanks sir

Great content indeed. Thanx for sharing and putting it so beautifully

Loved the cricket analogy sir, a set batsman and not to throw the wicket with silly mistakes:)

Thank you so much sir for the wonderful insights! Very very helpful sir ! 👍

@sufyanallinone8046

7 ай бұрын

Và A

Equity is the only way to create the exponential wealth....... These financial planners never make anyone rich 😊

Great points. Thanks a lot sir

Quality content video, Thank you sir

Nothing glamourous but truth and facts stated very well. Start investing when you are in your early 30s , even if it is 5k per month . Invest in VPF even if it is 2-3 k more as you cannot withdraw it and later the power of compounding will increase your fund multifold

I think the number one topic should be "your health". Rest of the points should be followed after that.

@tiscachip

3 ай бұрын

That's for losers

Thank you sir .

Now we are in age bracket of 45 to 55 with some saving plans...will need video for next 20 years . Though few points in this video are relevant and very useful👍

@NRIMoneyClinic

6 ай бұрын

There is an exclusive video for age group 45 to 55 on this channel. Please watch and be guided

Hello there. I went through your video. Infact many of these points lucky I have implied in life with the help of family. The biggest challenge what I am facing here is, that I am a drop out from pre-college, did a few jobs for about 10 yrs. From last 3 n half years I am into stock market investment , a little bit of trading , Gold investments and a pinch into crypto(because of lack of clarity) amd some property rental incomes. Being uneducated is such a huge barrier for me. 😢. Its not something I regret. But yeah making that second income(one of the points which you mentioned) looks entirely blank to me. Hope u can give some sort of advice on this issue.

@NRIMoneyClinic

5 ай бұрын

There are videos to guide you on this channel. We will soon release one another video on fixed income . Thank you for suggesting

@Sigma-Male1986

5 ай бұрын

@@NRIMoneyClinic Alright. Will look forward to it. Ty.

You are absolutely correct .. All the points are very relevant ..!!

My Retirement Plan is as follows. If your monthly expenses is 50000, then the yearly expenses would be 600000. So plan in such a way that you get 1800000 per year. 600000 for your expenses and 1200000 savings, which will take care of inflation. Now even if you invest in bank FDs which gives 6 percent per annum, you will require 3.6 crores as retirement fund. Keep another 40 lakhs as cushioning. So you would require 4 crores, which is a Fantastic amount. If your monthly expenses are 25000 you require 2 crores. If your monthly expenses are 40000, you would require around 2.5 to 3.0 crores. So on and so forth. It is very simple, don't break your head a lot. Thanks for 1000 likes.😂😂❤❤

@NRIMoneyClinic

7 ай бұрын

Very nice

@JustChill76

7 ай бұрын

@@NRIMoneyClinic Did not expect a reply from you. Thank you Bhat Sir

@srinivaspullela1627

7 ай бұрын

If some one package is 10 Laks and has 2 crore worth land in this case what do??

@JustChill76

7 ай бұрын

@@srinivaspullela1627 you should not look at your package. You need to look at your monthly expenses. And land cannot be considered

@Jacob-yn7dh

7 ай бұрын

if land making income for u then its worth

Great help 🙏

Will it be better to close the home loan early by depositing additional money in home loan account or invest this extra money in any other options such as MF, NPS, EPF etc?

@NRIMoneyClinic

5 ай бұрын

Invest in mf

thank you sir

One word if a person have common-sense then he will do fine in life and career.

very well guidance sir, regards.

❤❤❤ Thanks very much

Thank you sir. Every point is spot on. Banni Sirsi ge ondu awareness session madona.

@NRIMoneyClinic

7 ай бұрын

Always welcome

love the tips from nepal.

Can you please provide the link on your emergency fund build video ? I could not find.

Hi am an NRI working in dubai. I have mutual fund sips and currently am sending the money from my dxb account to india for these sips. Am planning to divert my fd interests in nre account to meet my monthly sip payments instead of converting monthly aed to inr. I need your genuine opinion pls.

This is only for mega cities like mumbai and chennai and banglore ...rest of the people can buy home instead of renting

Very helpful sir Am 35 and am going to plan accordingly

Can NRIs have retirement plan in India? They work abroad.

Please make detail video on dividend income stocks portfolio of 10 lakhs rupees investment.

valuable advices

Great suggestions sir.

Very useful video sir,thanks a lot

Hindi me video banao

Very good advice, thanks 🤗

Very informative video thank you so much sir 🙏🙏

Great video 🎉🎉… very well structured content

Saving, stock, cripto and ppf now I am 39+

Really useful infornation. Wonderful

Great video! I'm so happy I made the best decisions by having a good investment, Recently I was able to acquire my third house even at my age and I believe if things keep going well I'll retire early.

@Champ963

5 ай бұрын

That's nice but how did you manage to achieve all that with the current economy, I'm desperately looking for ways to clear my debts and also achieve my goals.

I'm planning to take help from financial advisors but many of my friends are saying that most FPs will suggest investment options to earn more commissions & mislead, I'm confused 🤔, someone pls suggest a reliable FP.

@jyotirmoybiswas1378

6 ай бұрын

You should try Mr Bhaben ,The art of wealth building.

You really have a great content. But, when I approached your team through whatapp I do not think they are helpful. Straight away they mentioned about investing of 50 k monthly SIP Or lump sum , without understanding your current circumstances.

@NRIMoneyClinic

Ай бұрын

They work with certain threshold to make things viable .. they will take views based on your best interest

Very Useful Sir 🙏

Really interested to know.

Very good video sir.❤

Very Very Important Information... Thank you...

Dear Sir, Your presentation was excellent. Thank you very much. I am in confuse whether I have to buy a plot or not. My doubt was cleared.

how much money u are making in a year and what are your investments

@NRIMoneyClinic

7 ай бұрын

What is the purpose of asking this question ? How does it impact you ?

@Jacob-yn7dh

7 ай бұрын

@@NRIMoneyClinic just a curiosity and your advising people so how much you have investment...

Brilliant ❤

What is tha % on amount 18:31 ? That we need to invest /saving of My incomes amount.? Awating your advices pls.