The strategy to adopt - buy or build a small house even if you can afford a big house. Invest in another house or commercial property purely for renting out. Mistakes people make, investing life savings in a big house, spending fortune on interiors, huge maintenance charges etc. Eventually only the old couple are left in the house hardly occupying 30% of space in the house.

@smritikasvlogs

2 жыл бұрын

kzread.info/dash/bejne/paKsz9yJeZfShaQ.html

@vineeth9295

2 жыл бұрын

Spot on

@dhruvbhatia5737

2 жыл бұрын

Exactly if i had 1 crore i woud not buy a house i would rent first and gtow my money and then after growing it i would buy

YES Chetan! We want more videos like this :)

Agree on rent being logical today but one must have atleast one place of ones own for rainy day.

Equal amount of Logic and Emotions balance is required in buying or renting Property. Amazing Sir. Please keep making knowledgeable video.

I think this is relevant to many people in India.. we want more video on the same topic with details. Thanks

Renting for first 15 to 20 years. Invest money in high return instruments amout which would be your home loan and buy a bunglow after maturity period 😄 Ex. - just one stock , there are many more 10000 invested in hdfc in 1995 is worth 1.5 crore today. Dividend income is not counted. If i am not wrong how much land you would have got for 10k in 1995 and estimated value today and will someone be ready to buy it when you want to sale? (Tough if you have land in village)

@geekybastard1433

2 жыл бұрын

Bulls eye!

@geekybastard1433

2 жыл бұрын

@@Sachin-vr4ms index funds

@geekybastard1433

2 жыл бұрын

@Bajrangbali Nahi agar 10-15 saal tak bina beche rakh do to profit.

@rajkuma921

2 жыл бұрын

What about the pleasent experience of 15 yrs lost in rented Home

@geekybastard1433

2 жыл бұрын

@@rajkuma921 How is it a lost experience if you rent a good upscale apartment while you watch your wealth compound.

Wow sir I m discussing with my parents and your video came out I ll show to my parents 😂

Keep uploading this type of session regularly (Financial) As a CA FINAL student, I also learn more about Finance (Because of your Experience and common Sense) Thanks Sirji. 🙏

Company of experienced intellect can guide us in a better and safe way.

Sir it makes a lot of sense for you to educate us about investing considering your background. I’d have no second thought in taking your advice.👍

I think we must also consider that maintenance costs and transaction costs are higher for property and that the house is immobile, while today’s working population in India, move jobs and even cities often. As our lifestyles improve, maybe the flat we purchased 10 years ago is too small. So in the end, people end up selling and buying houses. Considering lower returns, higher costs etc. it may be better to keep renting and upgrading as per your lifestyle, while saving into mutual funds and avoiding housing loans and EMI etc. completely. This is especially true if you already have an ancestral home or parents own a home. Also much of the black money finds its way into property markets, which makes it doubly bad for the honest tax-paying salaried class. Isn’t it?

bhaisab yeh jo aapne finance ke technical jargon samjhaye na , ekdum dimaag me baith gya, thank you so much

This video came on right time for me. I’m about to my buy house. Appreciated your insight and information.

@riteshsingh118

2 жыл бұрын

You should definitely buy a house. Just mind your EMI limit. Don't extend Home loan EMI beyond 20% of your salary. Don't consider long future income while calculating affordability. You can buy-sell-buy any number of times. Buying first house is not just an emotional reason but gives you a real security. Don't trade off just for 2% extra return that too with volatility. I think all these extra logics are true for second house for investment purpose.

Yes of course more videos like this needed.

keep going on in this series sir please continue it- investment series.

Nice video. I just bought a house knowing fully well that it doesn't make an economic sense. For me, life is about experiences - buying a house and developing it based on your taste is an experience that most will have once in a lifetime. But I totally agree that it needs to be affordable keeping enough liquidity

Yes! We want more videos like this. Keep making them. Thank you.

I guess we are fortunate to hear him live, i used to read his novels when i was in class 8th. Chetan sir, if you are reading this comment please keep making such videos. Your real life experiences, secrets and expertise would be really helpful for us.

A good blend of practicality and emotional quotient to this video. I likes! :)

You didn't covered the tax aspect. It should be considered while considering the option of buying or renting.

YES! Please keep making these videos on investing and topics that are ambiguous to many. Some suggested topics : 1.is gold worth the hype? 2. Your thoughts on crypto. 3. How should a guy in his 20's invest to achieve financial freedom ? Thank you.

@annajones9701

2 жыл бұрын

Bitcoin, real estate and silver

It also depends on the housing market the real estate is in bear run from the past 13 years but from 2003 to 2008 the real estate rose by 5 times

It's too simple. Kindly talk about asset allocation, power of compounding, historical return on various asset classes and your personal experience and learning from wrong asset allocation etc. This will make asset class choice clear to lot of people and youngsters will learn the power of investing early in life to achieve financial freedom.

Worth watching. Thanks for taking out your time to make such videos. Usually youngsters are confused with ideas of buying vs. renting, specifically in grade-A cities or metros. These tips will help them for sure. It prompts me to ask a question; for 20 yrs loan, whether it's better to focus on pre closure of loan or make alternate investments with excess money? 🙏

Good to have you say that if you need the house you can buy it, taking care of the three things mentioned. These days there are people who are only advising to rent as if there is value in living in own house

Very nicely articulated Logic and emotion theory!! In case of Home , often emotions surpass the logic!! And another fact is that Home is a kind of asset which Is very difficult to monetise because, everyone needs at least one permanent accommodation!!

keep going on in this series sir continue it

THis was great. Yes we would like certain more content on the same lines. Personal Finance.

Nice 👍 Our previous generation should go across this video

Your video really gives insights and healthy perception that leads to clarity in mind! You share your rich knowledge with all of us in such an easy way is commendable.

Greatly Explained! We want more of "Investment Banker" Chetan Bhagat!

He is an author his explaination gives us a light on the situation

Yes we want more video on this issue

Great video, I have seen many buy vs rent house videos. They mostly oriented towards finance and returns. But this is the first video which gave preference to both. Thank you Chetan sir for making such video.

Sir, please make more investing videos. Please share your knowledge.

I think your content is great and yes, please provide us with more investment related videos

Yes Sir! We need more realistic videos like this.

another practical discussion video ❤️

great sir 😇 .... Bohot mast

Love your presentation and knowledge. Thanks for sharing

Yes I want more videos on investment

Yes sir we want more such videos on financial education

Ya I Want more Like These Videos

Yes sir pls make videos like this.it s awesome

Sir, your videos are always wonderful to watch.. Such a worthy video for everyone.. ❤❤👌🙏 keep sharing these kind of videos.

Nice video. Having own house is a major desire.

Great video. Very much enjoying your videos. Great content 👍

More videos on investment, please. Our country needs more financial awareness material and your videos will definitely help.

Like always, another great video, people will love your this side more.

Summary: Buying a house is an emotional thing. But consider these things if you want to buy a house: 1. Affordability: value of house

Really u said the truth that due to emotional people take irrational decision. Hope our younger generations should not get into such trap.

yes, want more valuable videos like this

Wow sir thank you so much...it is very much needed!

*HOME* , *CAR* and *WIFE* are liabilities not investments

Was pretty useful

Very relevant video!! Please keep enlightening us with ur insightful videos

Chetan continue this content series about financial knowledge as i think you are the perfect one to talk about it in a very rationale and logical and practical way... And yah.. Go in technicality and full in depth knowledge about the financial world. This would help India🇮🇳 grow fast and exponentially🔥🔥 Edit:- chetan bhagat... Chaahe views aaye ya na aaye plss continue to make this content as I will always give you views and retention rate(watch till last second) as money is not a topmost priority for you right now... Your first and top priority must be your country INDIA and by the help of this content agar mere jaise 100 log bhi aagye to Hindustan ko utha denge hum...PROMISE 🤝🤝

Thank You Sir for this video which is very informative, life saving also....would love a total series of these videos just like your long videos. I also would suggest to make a bit longer and detailed videos....some important topics like affordability..like a person with 30k salary can obviously buy an Iphone Pro model worth 1+ lacs but will we consider it affordable? A father spends years of savings behind a wedding which may result into a divorce also,is it financially good? What is affordability? When can we say we can afford a thing? Also videos on personal finance,financial dumb mistakes middle class makes,investments,importance of emergency fund,retiremement fund,insurances and every other thing which an IIMian may know but common people may not. I was very eager to watch your future investment videos. Would love longer,deeper videos. Sir,these videos makes life,saves life. Not everyone can become IIMian but atleast know these financial things which can improve life. And Sir,all the best for 400 days.

1 house is necessary . Too many not required. U r very right that number of years of salary should decide the buying of house..luckily I didn't have to take any loan.

please make detailed video on this topic include technical points also ....its very important topic probably the most expensive buy in once lifetime

Please turn off the auto focus 🙏🙏🙏

Yes would like to view more videos like this & even on how to choose a career.

Please make more videos like this. Thanks !

Excellent ! Neee much more of such personal finance based videos !

Thank uou

More video like this.....This content is much better than Nora Fatehi dance videos

I like this type of content , and i love your long videos

Thanks for making these information available for us...Hi KZread is video me engagement hai🙂

Plz sir can you make a video on under 20 aged students about life 🙂🙂

More videos on investing and money management.

This type of conversation don't happen around me .........thanks for the information nd knowledge ......seeing this nd your other videos makes me put effort or atleast think in a right way .....thank you so much

Yes need more videos

We want more investment videos from you.

It's really useful for all. Thank u

Excellent

And more videos on financial education..

great

Yes of course sir. Thanks

Nice explanation! It will help new buyers to take decision

I'm an Indian living in the US & there no videos by Americans explaining the crux of the topic so clearly in 11 mins. To the extent you can, pls continue to make such videos. e.g. you mentioned in one of the videos "why most investment videos are scams" pehle paise kamao phir investment ki socho. that is wisedom..

Great vdo sir very infomative

Let us think practically.. how many of us can invest large amount in stock market without knowledge.. buying house doesn't requure that much knowledge

Very well described sir.. more these kind of vid please

Absolutely need more likely this best advice to young people...

We request you to make more video on Personal finance and investment. We appreciate your work of creating awarenes in Indian youth.. Best wishes 🙏 Keep it up.

Kya genius aadmi ho aap🙏🏽❤️🔥

Hi Chetan Sir ! It was Good actually and logical. Please continue with this series.

Great explanation! More videos on investing

great information

Awesome Video Sir , kindly post some more video on financial literacy.

Yes sir we want more videos like this❤

Great one 👍👍

Very sensible perspective

Resonating! More videos on this would help a lot:

Great sir🙏🙏💐💐yeh dil mange more🤓

Love you sir....plz keep sharing such practical advices

Plz continue sir with this series I am bunking my online classes and watching your video😅

Awesome ❤️

Educating

As always to the point and as much as common sense that can be delivered online.