I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@ElijahOliver-t9u The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I am actually new to all this but fortunately for I was introduced to Mr Ronal’ and I want to say a big thank you for sharing your knowledge with me and I’m also earning more than I expect. God bless you sir
In such sponsored videos, the content quality goes down the drain. If you need to look whether your investment is covered by DICGC for emergency funds, brother you need help. DICGC ensures the money, however, in case of bankruptcy, you most probably would NOT receive the money when you need it most. Please avoid such stuff, and use savings account of reputed banks (with sweep out facility for slightly higher returns).
Absolutely !!!! I love I'll have to be debt- free in every sense before purchasing my first supercar. The best thing to do with your money is to infuse rightly because money left saving will end up with no returns.
@@JessicaKeith-uj1jq No doubt being debt-free and able to afford these luxuries cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@@ChloeCarter-kd7gz Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive
@@WhitneyRoss-dj4rf Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things…(DESIREE RUTH HOFFMAN)Look her up Online and I think my retirement income will be on the right track, luxury cars and trips
I'll definitely check it out, I buy the idea of employing the services of a financial consultant because finding that balance between saving and living requires counsel...
I could lost half but in stock market if you cannot predict which sector will get boost from govt than better stay away from market and invest in mutual funds as return in mutual funds are not bad compare to FD but I am in market since 2003 and the way stocks market is growing and economy and government policy are implemented at fast pace which I have never ever seen in my stock market journey
Why put 10L in fix deposit for 1 year. Why not just 2L in fix deposit and remaining 8 l in mutual fund in 1 year u will get around 1 lac extra in mutual fund and if u still continue for 3 or 5 more years easy double money cause of compounding
9.1 % intrest rate can only be achieved if you hold the deposited amount for whole time period. If you withdraw before the maturity your interest rate is lower than normal bank interest rates
@@JustChill76 Ask your bank to put the money in Sweep in FD (HDFC), Active Money (Kotak), Flexi FD (RBL) etc...and take interest payout monthly, quterly, half yearly or yearly. 7.1% to 75% is current rate.
Please have some shame when you are asking ppl to invest their hard earned money in such risky investment for your benefit..in fixed income instrument if you are earning more interest then it is at the cost of more risk..u should be atleast knowing this fundamental aspect
I just come across your channel today accidently. Then i realised you were the same person who used to write answers on quora related to personal finance. Felt good❤
Please update clear information, Any small finance bank not offering 9.10 for ppl who are not senior citizen. They offer 9.10 only for senion citizen. Thanks
I invested in icici liquid fund which has an instant withdrawal facility maximum 90% or 50k instantly which is higher. FD dont have any partially withdraw option
The whole idea of emergency fund is not to earn higher interest on it but availability of fund when there is an urgent need. So I would advice rather to keep your emergency fund in FD in bank FD in more than one bank which should be a top bank in India like ICICI, HDFC, SBI, KOTAK, AXIS. Investing emergency fund through an App is risky..
Sahil. GOOD ONE , though some time back same topic discussed, 1. You need to talk more about StableMoney & It's recognition with regulators. 2. How come you can miss TMF ?
I guess you missed mentioning about the tax implications on FD returns which makes it a bad investment tool for emergency fund. Liquid funds are anyday better
Even savings accounts and fd are not safe. I remember in yes bank we could withdraw only 10000 per day max for more than 15 days when yes bank crisis happened.
Hi Sahil, how about Equity Arbitrage funds for emergency fund? Their risk is comparable to pure debt funds and have the taxation benefits of equity. Also their returns are in range of debt mutual funds.
Going and registering under different platform is not that good in long run..... As a finance expert i would recommend...people to simple go for sovereign gold bond ....safety and capital appreciation+interest. 3 years of yearly estimated expenses to go in FD in any top banks for safety. And that enough for financial stability.
For most common Indians Gold is used as emergency fund. Just martigage and get quick funds. Moreover Price of Gold beats inflation. This is age old formula.
its just a propotion of the app. Brother, at the time u started building ur emergency fund was this app available? i dont think so. If u really have built ur emergency fund since the days of ur 1st earning then its better to share ur personal ways of building that emergency fund, rather than promoting an app
It is not good to invest from this platform, banks that are providing interest rate more than 8.5% are not offering monthly payout, entire amount will be paid only on maturity. What's the use if we keep the emergency fund here and not able to withdraw with interest pre-mature during emergency. Among all I found Bajaj Finance which is offering monthly payout but why to go to this platform when Bajaj Finance has it's own platform and they provide assistance while booking the FD.
I started investing in stock market and having having more than 17 L in portfolio and also having fd,s contribute VPF in my job ,insurance and 50k in mobile banking but did not applied for Credit card
Sahil, this is paid promotion of the app right?? Have you told your viewers about the paid promotion?? This was not expected from you brother 😢 just because it was a paid promotion, you haven't talked about any negative point related to such FDs...that's not you sahil, I clicked on the video because I trust you. But now, my trust has shaken. There are more than 20 such apps promoting investment options everyday😢 they are making sponsored videos with youtubers to promote their apps, but no one is talking about the risks associated with their platforms and investment options.
while the video on this topic is appreciated I do feel u have not given the correct information as FDs can be done online without any hassle, and this video felt more like a sponsored video with no such disclaimer which feels misleading
Maybe he won't. Can you say the same about the guys who pay him for promotion ? Do we understand these investment options? For investment I wud still say try it but for emergency corpus, availability in times of need is more important than earning more returns
Noone literally noone does anything without its benefits. But putting a video with such a click bait and having no shame about it,is a different level of fraud.Shameful.
👎 Ur promoting stable money app Thats not bad But these banks Suryoday/ utkarsh/ etc etc are very high risk banks and hence they offer 9.10% ROI. to lure customers. Do u see axis hdfc icici banks giving such high ROI ON FD?? नही ना??? Hence disliked video
Link to invest in FD with Stable Money: stablemoney.app.link/ERJHvmSI6Ib
I follow all ur videos. Please do not spoil ur reputation. Mention paid promotions on Ads.
What if the platform goes down?
Any suggestions for NRI?
How much sponsorship you got from stable ?
How much sponsorship you got from stable ?
Video starts from 3:52
Thank you 🙏🏽
Thank you
lol, thanksss
Thank you
Thank you
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@ElijahOliver-t9u That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@claircourtway My advisor is Victoria Carmen Santaella
You can look her up online
@@ElijahOliver-t9u The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Best option to invest emergency fund is either in savings account or in liquid fund... Not under any platform.
So how to invest in liquid fund without any platform?
Gold etfs
Just invest in corporate bonds rather than Debt funds:
- higher returns
- shorter duration
@@ayush7736via bank.
@@IshanSodhithat’s a bad choice
I am actually new to all this but fortunately for I was introduced to Mr Ronal’ and I want to say a big thank you for sharing your knowledge with me and I’m also earning more than I expect. God bless you sir
he’s mostly on Telegrams, using the user.
@R o n a l f x 2.
Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it's a great honor to be part of them 🥳
Thank you Ronal’ for your TA 💯. I'm excited how my trading is going so far. I'm on $1m challenge right now. Already earning $35k weekly
Thank you so much, Sir Ronal' I never imagined to receive 8 lakhs rupees after investing in my trades with you. God is going to continue to bless you.
Ye bhi sponsored hai 😒
Learn freely something new . He is not forcing 😮
In such sponsored videos, the content quality goes down the drain. If you need to look whether your investment is covered by DICGC for emergency funds, brother you need help. DICGC ensures the money, however, in case of bankruptcy, you most probably would NOT receive the money when you need it most. Please avoid such stuff, and use savings account of reputed banks (with sweep out facility for slightly higher returns).
Absolutely !!!! I love I'll have to be debt- free in every sense before purchasing my first supercar. The best thing to do with your money is to infuse rightly because money left saving will end up with no returns.
patience is your best friend here, although you can benefit from the help of advisors, especially when it comes to smart financing.
@@JessicaKeith-uj1jq No doubt being debt-free and able to afford these luxuries cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@@ChloeCarter-kd7gz Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive
@@WhitneyRoss-dj4rf Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things…(DESIREE RUTH HOFFMAN)Look her up Online and I think my retirement income will be on the right track, luxury cars and trips
I'll definitely check it out, I buy the idea of employing the services of a financial consultant because finding that balance between saving and living requires counsel...
I have FD of 10 L and I got 11 L in one year. I invested 11 L in buying 400 HAL Stocks,@ 2000 and got my money double in 6 month
And you could have lost half also if the stock market fell
I could lost half but in stock market if you cannot predict which sector will get boost from govt than better stay away from market and invest in mutual funds as return in mutual funds are not bad compare to FD but I am in market since 2003 and the way stocks market is growing and economy and government policy are implemented at fast pace which I have never ever seen in my stock market journey
Sir my comment what not about your stock picking skills. I was talking about your suggestion that people should put half of emergency funds in stocks
You are simply amazing
Why put 10L in fix deposit for 1 year. Why not just 2L in fix deposit and remaining 8 l in mutual fund in 1 year u will get around 1 lac extra in mutual fund and if u still continue for 3 or 5 more years easy double money cause of compounding
9.1 % intrest rate can only be achieved if you hold the deposited amount for whole time period. If you withdraw before the maturity your interest rate is lower than normal bank interest rates
If you don't fall into an emergency you will get those returns else you won't why thinking too much
Keep an emergency fund and end up paying tax according to the tax slab rate.
Awesome idea.
Thank you buddy for such great information.
Do u know the Autosweep facility of savings account... It's best for parking emergency fund...
how it works
@@jagadeeshsmash462 you can ask your relationship manager to activate auto sweep on your savings account
This video seems like a sponsor rather than education.. I am disappointed nowadays
Why to break FD.... Go for Sweep in FD (Most Banks provide avg 7.3%)...It is as good as FD with a Savings account
Can you tell me what is sweeping FD and is it available with SBI ????
Online can I make sweeping FD???. If yes, how ????
@@JustChill76 Kotak & hdfc both provide
SBI also offers
@@JustChill76 Ask your bank to put the money in Sweep in FD (HDFC), Active Money (Kotak), Flexi FD (RBL) etc...and take interest payout monthly, quterly, half yearly or yearly. 7.1% to 75% is current rate.
@@jkscal thank you
Hi, Sahil bhadviya your idfc first bank give 6.75 percent I think ,they giveback by monthly basis just park money to account sir.
Only if 10L or + is invested
Even RBL bank provides approx same
Please have some shame when you are asking ppl to invest their hard earned money in such risky investment for your benefit..in fixed income instrument if you are earning more interest then it is at the cost of more risk..u should be atleast knowing this fundamental aspect
How? Even if one keeps the total value in each bank below 5L?
Promoting app...we won't do it.
I just come across your channel today accidently. Then i realised you were the same person who used to write answers on quora related to personal finance. Felt good❤
Please update clear information, Any small finance bank not offering 9.10 for ppl who are not senior citizen.
They offer 9.10 only for senion citizen. Thanks
Sponsored video hai yah stable Monday walo ke liye
Whether the amount deposited in small finance Bank are covered under DICGC. Please clarify sir.
Great analysis Bhai ji❤
Better to put it in liquid and overnight funds which give 6-7% return
Wonderful Video ❤
I invested in icici liquid fund which has an instant withdrawal facility maximum 90% or 50k instantly which is higher. FD dont have any partially withdraw option
Is keeping the emergency fund in the index mutual fund a good option?
Agree..I m following same approach 😊
The whole idea of emergency fund is not to earn higher interest on it but availability of fund when there is an urgent need. So I would advice rather to keep your emergency fund in FD in bank FD in more than one bank which should be a top bank in India like ICICI, HDFC, SBI, KOTAK, AXIS. Investing emergency fund through an App is risky..
Thank you. Any options for NRI FD’s?
Sahil. GOOD ONE , though some time back same topic discussed,
1. You need to talk more about StableMoney & It's recognition with regulators.
2. How come you can miss TMF ?
I guess you missed mentioning about the tax implications on FD returns which makes it a bad investment tool for emergency fund. Liquid funds are anyday better
Tax wise both are same 😊
Is Stable Money App safe? I am planning for Emergency fund?
Who said u need to visit bank for doing fd😂. Every bank has its own app where u can create or break fd
Even savings accounts and fd are not safe. I remember in yes bank we could withdraw only 10000 per day max for more than 15 days when yes bank crisis happened.
Lovely sir.
Very good topic , thanks
Hi Sahil, how about Equity Arbitrage funds for emergency fund? Their risk is comparable to pure debt funds and have the taxation benefits of equity. Also their returns are in range of debt mutual funds.
Return is around 6% usually. If u ok with that u can
Very good video Sahilbhai👌
Which is the best platform for cooperate bonds and other ? Any app which is safe ?
Quality n Quantity in video information is awesome
Going and registering under different platform is not that good in long run.....
As a finance expert i would recommend...people to simple go for sovereign gold bond ....safety and capital appreciation+interest.
3 years of yearly estimated expenses to go in FD in any top banks for safety.
And that enough for financial stability.
Dose StableMoney supports Montly payout ?
For most common Indians Gold is used as emergency fund.
Just martigage and get quick funds.
Moreover Price of Gold beats inflation.
This is age old formula.
Thanks for your video. Got some god website for FD options in one place
Bro,,o request you earlier also,plz make a sensible video on pension funds with lumpsum deposit and monthly payout
Amazing 👍
What is taxes on these ?
How to get interest certificate for FD's booked through stable money for tax filing purpose?
Isnt this sponsored content? Where is the disclaimer???
I invested like this and to withdraw I have to visit the NBFC branch physically. It's not possible to withdraw it manually.
bro shall we invest in 12% club app ?
no, if you are taking such high risk of losing all money if someone defaults, why not invest in equity then! Atleast it is less likely to go to 0.
Hi Sahil, Arbitrage funds can also be part of emergency fund portfolio
Foraway for your benchmark.
Is investing in app like 12 % club app reliable?
No
Fd why not debt fund
its just a propotion of the app. Brother, at the time u started building ur emergency fund was this app available? i dont think so. If u really have built ur emergency fund since the days of ur 1st earning then its better to share ur personal ways of building that emergency fund, rather than promoting an app
It is not good to invest from this platform, banks that are providing interest rate more than 8.5% are not offering monthly payout, entire amount will be paid only on maturity. What's the use if we keep the emergency fund here and not able to withdraw with interest pre-mature during emergency. Among all I found Bajaj Finance which is offering monthly payout but why to go to this platform when Bajaj Finance has it's own platform and they provide assistance while booking the FD.
You seem to work at Bajaj finance. They are not a bank hence no deposit guarantee by RBI
@@PlasticSquare no bhai after watching this video I did some analysis and told my opinion, I don't work for bajaj fiance.
@@bapanan If you're doing fd, go for banks approved by RBI and not cooperative banks and definitely not an NBFC. FD are for guarantee not returns.
I started investing in stock market and having having more than 17 L in portfolio and also having fd,s contribute VPF in my job ,insurance and 50k in mobile banking but did not applied for Credit card
Not upto ur standard.
skip to 3.53 for emergency fund details
please Put a disclaimer of Paid promotion . Plz do if it is or plz mention that its not a paid promotion clearlly
Arbitrage fund are best
Taxation is also like ltcg
Bhak , in FD the interest earned is taxed and then re invested.
What about tax? Tax adjusted returns from FD will not beat inflation
What about idfc first bank savings AC which gives 7% interest
FD are not good for emergency fund. Most people wont require the whole sum. Low duration debt fund and liquid funds are better
FD with overdraft, 300 k @6.9%. thankyou
Hi sahil in that case yearly intrest getting more than 10000 is taxable how to handle
No. Very nicely explained.
If your bank sink will u get only capital under DGCI or full money including interest
Sahil, this is paid promotion of the app right?? Have you told your viewers about the paid promotion?? This was not expected from you brother 😢 just because it was a paid promotion, you haven't talked about any negative point related to such FDs...that's not you sahil, I clicked on the video because I trust you. But now, my trust has shaken. There are more than 20 such apps promoting investment options everyday😢 they are making sponsored videos with youtubers to promote their apps, but no one is talking about the risks associated with their platforms and investment options.
Update the app after using Sahil's affiliate link
How about nps tier 2. Safe, higher returns & easily liquidated.
06:22 Stable money app
It is 9.10% for 3 years not 2 years please note
Small finance banks FDs
while the video on this topic is appreciated I do feel u have not given the correct information as FDs can be done online without any hassle, and this video felt more like a sponsored video with no such disclaimer which feels misleading
The interest rate shown is for senior citizens manipulating the people
I was hoping for something other than stable money fd but
If I have emergency fund then I can earn😂
Please do video on Idfc first bank quarterly results
Good
Nowadays this guy was fully sponsored
Whether sponsor or not Sahil won't cheat will go forvit
Maybe he won't. Can you say the same about the guys who pay him for promotion ? Do we understand these investment options? For investment I wud still say try it but for emergency corpus, availability in times of need is more important than earning more returns
Good information thank you ❤❤❤❤
Poor boy..all bank have now online fd through their mobile app
Noone literally noone does anything without its benefits. But putting a video with such a click bait and having no shame about it,is a different level of fraud.Shameful.
Please analysis dabur share
Bhai no one gives money now a days😆😆😂😂
Fd in private bank
Avoid any PLATFORM for your emergency fund.
Wrong information now a days u can withdraw ur online FD within minute
👎
Ur promoting stable money app
Thats not bad
But these banks
Suryoday/ utkarsh/ etc etc are very high risk banks and hence they offer 9.10% ROI. to lure customers.
Do u see axis hdfc icici banks giving such high ROI ON FD?? नही ना???
Hence disliked video
Ignore this video and invest in INVIT
Complete ads😂😂😂
Bakwazzzz vdo, sponsored vdo
Plz don't use this app it's a shity app u can't get the money back
I know its gonna be stupid paid promotion
Paid promotion video