Here’s enabling you to take one step towards your investment journey! Get 15% off on all our courses site-wide - link.rachanaranade.com/Azadi Chalo banaye Har Ghar Investor! 🇮🇳

@bhagwaforever

Жыл бұрын

1st like

@bhagwaforever

Жыл бұрын

Your paid courses are getting leaked on Telegram

@kiranmore9606

Жыл бұрын

Mam Mala Bike ghyayachi ahe pls asach kahitari thumb rule sanga pls mam

@sandeshpatil5041

Жыл бұрын

mam courses are availbale in marathi language?? whole maharashtra is waiting for this???

@Krishabh_Agrawal

Жыл бұрын

With the annual income which I have, I can't afford a house at all. If someone wants to take a loan of 50l, his income should be 10l🙄 Currently most Indians don't earn half of that. In my case let's say I earn 10l after 4-5 yrs. Then a 50l loan won't be enough considering inflation. That being said I can't afford a house and only renting is the option. Also, 20l per annum family income is like top 10% of total population

1:48 this is the best takeaway of this video. In most other countries people pay 3 to 5 times of their annual salary for house. Depending upon budget and city, either standalone house or apartment. However in India prices are already inflated 5 times due to black money holders and overall system. Hence common people are forced to pay 20 years of salary in advance unwillingly with home loan interests because it is a basic need. Standalone bungalow on a dedicated land still has some value. However charging such ridiculous amount for 1k Square feet apartment is a cruel joke. That too with inferior quality materials with no guarantee whatsoever for construction, completion, quality & legal documents. Government is there just to enjoy 6% stamp duty and GST. No tv channels or newspapers will explain this because they get huge advertisements revenue from real estate industry. In fact they all are working hard to convince common people that apna ghar to apna hota hai etc. so as to pull back customers and make sure common man pay such unacceptable amount in advance to land owners, builders, corrupt municipal corporations and banks such that their system keeps going smoothly as before.

@artbyyogita

Жыл бұрын

You are absolutely right.

@Roman19926

Жыл бұрын

This comment deserves to be pinned!

@Anish61097

Жыл бұрын

Perfectly summed

@wisecrackmelmoc2301

Жыл бұрын

Kadakkk point . This narrative of apna ghar apna ghar has ruined many families financially

@shraddhaaadkar8729

Жыл бұрын

Aa

"apna ghar apna ghar hota hai" feel this line very emotionaly for lower middle class family🔥

Hi...I am CA. Nileema...I just came through your channel ...And kept watching and watching...It's a wonderful work you are doing to aware people about financial freedom...As we belong to same fraternity I really want to appreciate your work...Thanks

All these calculations looks extremely sparkling on Excel but in real life no such thing exist. There can be medical emergencies, Children school college fees, marriage, divorce which will take a lot from your pocket

@sauravkedia1120

Жыл бұрын

That is what you will have to save for right? I mean other than the fixed income you will have other side incomes and financial planning to substitute for those emergencies

@narayanratawa5469

Жыл бұрын

Start with emergency funds

@vidyadharkumar1736

Жыл бұрын

Those calculations are possible in real life too. Only thing is that you need to compromise little and should be able to differentiate what you need and what you want.

@BarkaDog

Жыл бұрын

I like how you've kept both marriage and divorce expenses in mind😂

@binod72

Жыл бұрын

@@sauravkedia1120 6

Thanks for the great video! Would love a follow-up video on what is an optimal loan amount, keeping in mind the gains from tax benefits, possible gains from other investments; and adjusting for the interest payment corresponding to the home loan. Thanks in advance!

I am literally in love with the knowledge and wisdom of Rachna ma'am, i wish i would have gotten a mentor like you 10 years before. Still better late than never.

jam-packed episode... love your style and pace of sharing these info..

Thank you so much for this video Rachana ma'am. All the aspects have been covered very nicely. One of the best videos I have seen on this topic.

@CARachanaRanade

Жыл бұрын

Thank you 😊

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

@liamanthony8448

Жыл бұрын

@James Hillary I’m interested I want to move to forex can you help me trade?

@christopherdench1422

Жыл бұрын

I'm so excited my life has totally changed since I invested $3500 and now making $25000 every month

@christopherdench1422

Жыл бұрын

Frank kafeman

@christopherdench1422

Жыл бұрын

@ gmail

@jamesnod1128

Жыл бұрын

@Steven Howard frank kafeman is vastly defined in the binary and among a few other markets, he have acquired skills over many years of his experience

Ma'am has really given a outstanding lecture on how to be safe home owner. I couldn't thank her more for her efforts.

I am planning to buy my second house but it would be my dream house. I will soon share the blueprint of how to do so.

A very nice overview, Rachana. However, we have to factor in the last and the most expensive part of owning a house - Interiors. We dont speak about it much as it is subjective but plays a very important role in budgeting as the costs can be as frugal as a few lacs or even upto the price of the house itself. How does one budget for that? Any ideas?

The points covered and explained in the 4th minute.. superb... I never thought it in that way.. makes me feel bit more relieved 😄

Everything looks so good on theoretical basis but when it comes to practically apply these rules are too difficult 😅

@ms_trading_school

Жыл бұрын

this is what a reason human minds prefer easy going hard living, but once you do start calculating every expense this will take you really into a different world try it.

Thnks you so mam for educating us on imperative topic. All these points helps us to dig down dip and take correct decision. Very helpful for people specifically coming from non commerce background. I would like to mention here other than stock market … Rachana mam you are educating us to take correct financial decisions.. Big thanks.Jai Hind 🇮🇳

@CARachanaRanade

Жыл бұрын

Thank you for your kind words 🙂

@srinivastrcareercoach

Жыл бұрын

Great share

It was during a journey, That a co-traveller with no financial background, who spoke so well about personal finance and capital markets, that I had to ask about it. He mentioned this channel. Thankful.

I have gone same plan and bought a house in 2021 and also got PM subsidiary ....also thank u Modi ji

Such a informative video🙏..Ma'am you are one of the best teacher I have ever seen

@CARachanaRanade

Жыл бұрын

Thank you 😊

This video couldn't have been better. Thank you, ma'am!!

Thank You so much ma'am....It was indeed very helpful as we are in our 20s and a perfect video to plan how to plan to buy a house...Again Thanks a lot for this!❤❤

Awesome… Just loving the way you explained it Mam ❤ Thank you so much.

I own various real estate properties but I'll always go for mutual funds or stocks and It’s quite feasible to make 6 figures trading monthly, I have made over $180k from July till now, with no funny or complex strategies.

@palebiss1646

Жыл бұрын

I'm 24, had my first $300k few months ago. Working towards another $300k!Just being smart and frugal with my money. Thanks to my Dad for putting me forward to personal finance and Investing earlier

@nuggets9113

Жыл бұрын

@@palebiss1646 That mean a lot but congrats 🎉 I celebrate your Dad too! He did great.

@palebiss1646

Жыл бұрын

yeah! My Dad and I work with a US based financial consultant *’Laura* *Adams* *Goodman’* She's a good expert.

@flossietaylor6239

Жыл бұрын

@@palebiss1646 hello, do you mind hooking me up with your expert?

@palebiss1646

Жыл бұрын

@@flossietaylor6239 The expert I'm in touch with is *’Laura* *Adams* *Goodman’* and you can search her by her name. She works with Merrill Lynch near my old office so I see her often to discuss my business. You can use something else. for me, her strategy works hence my result. She provides entry and exit point for the securities I focus on.

Hi Rachna. You have considered ctc as monthly income. For someone eaening 1 lakh per month,after tax and pf deduction they must be getting around 80-85k only in which case the emi would be almost 50% of salary. For someone in 30% tax slab it would be even higher

Rachana Madam, tumcha last point ekdum barobar hota. Aamchya landlord ni pan tech sangitlela tyancha ghar ghenya adhi, "Kuthe hi khila thokaycha nahi ! "

Live on rent for another 10 years and pay rent and invest the other money like emi initial payment etc in good mf or Stocks you can buy a house in 10 years with lot of cash extra too.. our society simply wants to leave in own house by taking loan and have a big Marraige by taking loan and suffer for rest of the life… work hard for 10 years and invest heavily. You can buy everything and have a better life in your 40s

@agustinrajan8621

Жыл бұрын

But not everyone has that level of knowledge to pick correct stocks which would be that fruitful after 10 years and what you say is a risky option but can be fruitful.

@akhandtechno

Ай бұрын

Correct

As a person who is just about to buy a house, your video is GOLD!

@srinivastrcareercoach

Жыл бұрын

Very True

I am going to purchase a house next month and this video is quite helpfull for me since I have similar sort of condition where partial money would be paid by me and remaining would be home loan so that I can get the tax benifit as well as get an asset for myself ... I am 27 now and I would be able to knock off this loan in 10-13 years ..

Amazing way to begin a content. Loved your creativity

@CARachanaRanade

Жыл бұрын

Thank you 😊

This rule and strategy is really good.. i am not interested in buying house as i have one (inherited from my father) Really helpful. thank you

@CARachanaRanade

Жыл бұрын

Thank you 😊

Thanks Ma'am! Really an amazing video..😊👍

Thank you ma'am for wonderful video. I'll definitely think about all these aspects before buying my first house

@srinivastrcareercoach

Жыл бұрын

Correct

Thank you so much mam,you're champion of finance and I love very much your explanation style.

u make this concepts real simple we really apricate this

These calculations are true if ROI is fixed but after Covid the rates are as high as 8.5-9% which increases the EMI

True....very well explained,Thanks

Great knowledge sharing thanks ma'am 👍

Very informative Rachana ji!

Too good 10/10 the way u explained i am speechless Information was worth.. Being a teacher i feel ther such videos must be made compulsory for college students. So they can plan for their future Like saving investment n all Keep it up mam.. Do u have trading class for freshers.?

Thanks alot Ma'am. This video clear my doubts.

Thank you Ma'am..very insightful information.

Thank you ma'am for your valuable advice.

@CARachanaRanade

Жыл бұрын

Most welcome 😇

Thank you very much for the suggestions and information Ma'am. It helped me a lott for the calculation. Currently I am in position to finalize my first house which I am searching since few months. Can you please help with information related to leasehold property? I am not able to finalize my decision because of the complete clarity, all the pros and cons.

Thank you for this video Rachna Ji!

Good Informative Video!! Thanks Rachana Madam!!

Amazing..!! Thank you..!!😊

Excellent knowledge sharing.

Me suddenly feeling thankful living in my parents house 😌😂

Very informative video. Nice work!

Absolutely best way of explaining this topic.

Thank you rachna it’s really helpful

Also please make a video on what factors to look for before buying a house.

Definitely amazing video.. satisfying ❤️

Wonderful video most needed

Very good information and point to point. I also like your Marathi. And the situations you tell.

Well said,it’s true Rachna

Thanks a lot Rachana for making video on this topic, It is so much informative for a person planning to buy a new house.

wonderful analysis mam... thank you

Thank you very much rachana for this beautiful video, I will be working towards it now 😊

@CARachanaRanade

Жыл бұрын

Most Welcome 😊

Truly worth listening to you ma'am

Your videos are a blessing, ma'am.

Incredible.... this is what goes as financial literacy....

Thanku for sharing valuable information ...❤

Very well explained...!

Good video highly appreciated you efforts 🙌🏻

Thanks for the information. I just wanted to understand the reasoning behind the thumb rule to understand finance more.

@ms_trading_school

Жыл бұрын

तर्क मानव मन द्वारा ही बनाया गया है, इसे बदला जा सकता है लेकिन कुछ थंप नियम देने के पीछे का कारण पैसा बर्बाद करते समय मानव मन को नियंत्रण में रखना है।

Nice information

Fabulous as always!

Pls make a video on purchasing the land and then building the house 😐 Cause except for the few cities in In India, people in most states still purchase a land and build their houses. Also consider the point that they may construct extra floors to rent out 🙏🏻

Extremely helpful😊

Thanks Rachana Mam for giving great clarity in all aspects to buy a house/loan god bless you

Thank you for making this video

खुपच छान माहिती दिली, आभारी आहे

Thank you ma'am. You're great.

I will be forwarding this video to all my friends Circle..... Thank you for making the video

@CARachanaRanade

Жыл бұрын

Thank you for sharing this video 😊

thank you so much ma'am

excellent!..CA Rachana Madam...

This really helpful and more of guide.

Ek number video Rachana ji, keep rocking!!!!!

Simply amazing Ma'am.... 👏👏👏

Very comprehensive video simplifying calculations. Very useful as planning to buy flat

The most helpful video thank you so much maam ❤

Hi Rachana, Really a great & very clear video, Thanks for that and Could you please post a video for Purchase one land & Construct own instead of Apartment or Villa type from Builders

On spot video...Maan ki Baat .

Wow, a much needed video

Well said @rachana impressed with your explanation... Thank you

@carachanaprwhatsap9426

Жыл бұрын

Contact the What'sApp line above for more information and consultation on investment issues

u r a gem . happy to be ur subscriber 👍🥰

Thank you so much 😊

Love love love the video! Thanks Team CARR ❤️

@carachanaprwhatsap9426

Жыл бұрын

ᴅᴍ ⬆️⬆️⬆️ ᴛᴏ ɢᴇᴛ ᴀɴsᴡᴇʀs.......

Be a Life Long Learner Learning is the first step Learn Invest and Prosper Wow Har Ghar Investor Extra EMI is Mind Blowing Bulb on moment Qualitative and Quantitative Factors- Another GEM Cheers

Why do you want to repay the loan early??? You can take an advantage of claiming income tax benefits also you can invest extra savings in index fund that can easily give you a 12 to 15% CAGR return.

Detailed discussion as always, also very informative

@CARachanaRanade

Жыл бұрын

Glad you liked it 😊

i think video is very nice but most important factor that is missing in calculations was tax both as benefit due to loan and inital calculation of family income

Furnishing, lighting, air conditioning, home appliances etc are substantial expenses on buying a house.

Which jome loan is better fixed or floating??

Thanku for this 🙃🙃🙂

depends on your income, expenses and other obligations as well.

Thanks For Information 🙏

@CARachanaRanade

Жыл бұрын

Most welcome 😇

Excellent video madam ... Very clearly explained... Useful for middle class

Please tell which Documents we need to check before buying new or resale house.