In this video, Manoj Arora shares his wisdom on Financial Independence and why he took retirement. If you want to be featured on Wint Wealth too, fill out this form: forms.gle/iuUgM7fyGTfUUiVE9
Did lots of backtesting and found that 20% SCHD/DGRO, 20% VGT/QQQ/SCHG, 20% VOO, and 40% bonds, or 4%+ money market, match the growth of SP500 in up years but reduce the losses in down years by 40-60%. I'm still looking for companies to make additions to my $350K portfolio to boost performance. Here for ideas.
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
Caroline Suzan Olson is the adviser I use, and I'm 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.
I invest the same way. You are considered an "Income Investor". We make money two ways. Through monthly/quarter dividend payments; instant passive income. Readily available to reinvest and/or personal use. And the profitable sell of most of our DCA securities. Are we on the same page here?
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Wint wealth ..please take my requests below; 1. Get a guest who was well off, lost most of it or all of it and bounced back 2. Get a guest who managed much passive income with little money.. not especially corporates but others like teachers, accountants, small farmers etc 3 Get on board a guest who manages multiple small sources of income and managing it efficiently.
Guys, Do not leave your job just because u have enough corpus. Find something which u will do after your Job and then leave it. If you dont work after ur Job, ur fitness, mental health and relationship may get spoil.
if we feel we may get better life without job then might quit,but question is that without job our day to day life with discipline somehow it may not be possible
I am 38, in US(for almost 15 yrs now) moved right after my B. Tech degree, been investing in US market all these days.. planning to come home after 2 years and become FI by investing in Indian Market, Hoping for the best.
@@KunalMagar23 that's the reason i want to retire right? because i don't need a corporate job after 40. you did not get the point, i didn't say i did not enjoy in US .. just want to come back home and not work on regular 9-5. i love travelling.. already covered north and south America.
@@ShivamGupta-wf5ni agreed to an extent but life has no meaning if you live in a foreign country after certain point and age. Janma Bhoomi for a reason.
He is quite a toxic person full of hateful and biased views going by his comments on X ( twitter) and his ‘freedom’ has resulted in posting 50 such comments every day !😅
This is best episode. Every one has push factor he explained but no courage to take decision he took. I am in same position. But dont have any passive income. Just assets that yield no monthly income😮.
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult.
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Jeff Clark, has been an amazing experience.
I'm favoured, $4,000 every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mr Jeff Clark
My grandfather has more than 15Cr , but he is still working instead of enjoying, but his happiness in earning money so I don't force him to leave the business.
@oindrilaniogi7568 nhi jb apne us jagah hote h to pta lgta h , unhone jawani se ise apne bche ki tarah pala h to unka man nhi krta ise chhodne ka.. M koshish krta hu unko ghumane lekr jau... Lekin free baith ke bhi kuch din acha lgta h fir nhi ..
My grandfather have 10 cr networth and he is 79 but today also he is working. He has a business but he never enjoyed his life he only runs after money.
Good interview, very relevant one. But if you withdraw 4% from debt investment that yields 8% per year, your corpus is infact going down after considering inflation.
@@ManojArora thanks. Yeah the new found discipline towards investments is great and watching the numbers do give a dopamine rush of sorts 😁 Targeting 2028 to achieve FI & RE by 2029/2030 when I turn 45/46
1000th day of wondering why these videos are free! Well put, straight to the point. So many insights for myself and to share in my network. Thanks again Wint!
Not everything should be monetized (& great job Wint Wealth for keeping these free). Its videos like these that help and give perspective to common people about FI/RE
I am 37, and really it's a struggle to spend each day in job 😢.. I want to do things I like more such as spending time with kids, playing cricket, travel more within India and a small business that will just be sufficient and there is no corporate kichkich and pushing around or the daily stress related to it.
Wonderful insight into the financial freedom journey which as emphasised is 'so easy' and is solely based on the strong foundation of being DISCIPLINED. Mr. Manoj has a PURPOSE in life and that fuels the journey of life. Feeling enlightened after watching this interaction. Thanks for sharing valuable information..
Great interview and motivation for people who are starting and people who are doubting to make that jump! Irrespective of goals one must start to work on their financial independence and reach retire early which only means that working for money is optional so one can work the same job, something else, or nothing at all! You get time!
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Fantastic video! Please I have incurred so much losses trading Forex on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience
Your videos are fantastic! I’m a regular viewer and have been really enjoying your content. I’m interested in investing but haven’t found the right opportunity yet. There’s been a lot of buzz about cryptocurrency lately, especially with discussions about a potential bull run, particularly if Donald Trump becomes the next U.S. president. I would greatly appreciate any guidance you could provide on this. Thank you!
Yes, there has been a lot of talk about investing lately but I am new and want to know where to start. Can someone explain to me how to invest and get started?
In my opinion, investing is not about getting rich but rather about achieving financial independence. To become a professional investor, you need a financial advisor. I have succeeded by following the instructions of my financial advisor. I have no regrets so far.
Awesome, you have such amazing information. Can you share more details on how to contact your financial advisor? As I said, I am very interested and if I can get help here, I will start immediately.
I think financially independent and retirement are two different things. First to get financially independent you need to have goals and discipline which I don't have. Secondly, we need to have some sort of guidance (if not good with calculations) on fund allocations and how much do we need to invest to get financially independence which again I don't know. Wish me good luck guys! 😄
I have a passive income of 1.35 Lakh ₹ per month passively from Real estate. And still don’t have confidence to quit my current job. I am 34 years old. Any advice plz ?
Hello Im 22 yr old and have a salary of 30k with debt of 4 lakhs Someone please tell me how to be financially free out of debts and provide some financial advice. Thank you
Snowball your debt. Start with smallest debt. Make extra money to that debt. Once finished use that extra money to kill the next bigger debt. If you can maintain the discipline for next five years. You will be debt free. Make sure to build your savings atleast Rs 500 per month. You will surprised after 5 years.
Start saving money Even it's 1000 also Invest in SIP , Since your age is low You choose small cap fund having more than 10 years old, Then you can create the mindset of savings followed by increasing the amount.. This is the way you can create the wealth by 40 years
One thing you forget to ask is what happened to equities in corona? When nifty halved obviously equities also halved so how he managed during those times? Debt I get is okay
What is this madness about retirement. Most people in 30s think that 40 or 50 is a ripe old age , ready to retire. If financial freedom had been the only reason people work for, then the ones like SRK, Dhoni, Messi , Would have long retired. The list goes on of course. So desire to be able to work at 70 or 80. Don’t hope for retirement. Be careful what you wish for. The great Big B is still working. 😮
The persons you gave as examples are those NOT WORKING FOR OTHERS. There is a difference when you work on others terms and when you work on your own terms. I shall recommend you the podcasts of Morgan Housel who wrote the book psychology of money to better understand this. Well Warren Buffet is still working in his 90 s, He doesn't have a bose to work under ,he is the bose So is SRK , BigB, Messi Financial independence gives you that freedom. Hope you understood
they love what they do.. Most of the people hate working in corporate jobs and only do to porvide for family… people wanna be financially independent to do whatever they like and not essentially retire big difference
Retirement and Achieving Financial Freedom are two different pursuits! Priority should be achieving Financial Freedom which opens up new opportunities.. quit that shit job or leave a toxic workplace or get motivated to work what you’re passionate about.. Stress and all is superficial!
@Change_makers_ oh yes. Financial security should be the motto. If that allows one to be creative and pursue one's passion ,then there is nothing like it. But the word retirement is big misnomer in these situations. Work gives a certain sense of identity, recognition and sense of being. But it may not be possible to switch jobs entirely. In those situations some kind of hybrid arrangements can be done till one gets foothold for a total switch over to a field of passion
The difference is that they work where their passion lies and we work for paycheck only. And so we obviously want to come out of this rat race and have some quality time spending with our dear ones, fulfilling our wish lists in life. And of course we need financial security or freedom.
It's just systematic withdrawal plan. The opposite of SIP (systematic investment plan). In an SIP you put money into the market every month. Maybe you invest 20k every month. In SWP you take money out of the market every month. So maybe you withdraw 20k from your corpus every month.
This is the best episode I have seen till now, I am earning more than him. Right now not mentally prepared to come on your episode but soon will fill the form and apply 😊
How he was drawing 7 -8 lakhs in USA when the USD INR rate wws 45? 18 K per month in US 15 yrs ago for someone sent from India is bit suspicious unless he was GM /VP .
People should also know the other side that Manoj Arora spreads propaganda day in day out on Twitter about Indian economy being in dire straits, while his own money has multiplied 350% in the last 10 years 😂
The host should at least have the courtsey to introduce the guest first rather then straight coming to person's finances. I still even didn't get the guest's name in whole podcast.The guest seems quite sorted in life . The corporates keep loosing good people and retains junk talent due to toxic work environment ..
I am 32 now. I will take retirement at the age of 45. I have the same philosophy as this gentleman has on post-retirement life. One of the finest interviews ❤ Keep on rocking WINT WEALTH 🤘
@winthwealthYT please do a comprehensive financial planning of this sir right from goals and corpus for goals and at last FIRE. This guy is more relatable to many people in India. Please do a video regarding how did he calculate required corpus for children education, how much was it and how did he achieve. Also what is the required corpus for children marriage and its plan. And atlast you can do a FIRE interview.
![Retired & Travelling in Their 70s? [Living on Passive Income]](http://i.ytimg.com/vi/HxZ-6UQI6sg/mqdefault.jpg)
In this video, Manoj Arora shares his wisdom on Financial Independence and why he took retirement.
If you want to be featured on Wint Wealth too, fill out this form: forms.gle/iuUgM7fyGTfUUiVE9
The finest so far. He explained his philosophy without any complications.
Did lots of backtesting and found that 20% SCHD/DGRO, 20% VGT/QQQ/SCHG, 20% VOO, and 40% bonds, or 4%+ money market, match the growth of SP500 in up years but reduce the losses in down years by 40-60%. I'm still looking for companies to make additions to my $350K portfolio to boost performance. Here for ideas.
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
Caroline Suzan Olson is the adviser I use, and I'm 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.
I invest the same way. You are considered an "Income Investor". We make money two ways. Through monthly/quarter dividend payments; instant passive income. Readily available to reinvest and/or personal use. And the profitable sell of most of our DCA securities. Are we on the same page here?
Very much appreciated. I just searched Caroline Suzan Olson on the internet, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Wint wealth ..please take my requests below;
1. Get a guest who was well off, lost most of it or all of it and bounced back
2. Get a guest who managed much passive income with little money.. not especially corporates but others like teachers, accountants, small farmers etc
3 Get on board a guest who manages multiple small sources of income and managing it efficiently.
I believe I will be that guest after 15 years from now
4. Also best financial or investment decisions done by random people that worked for them due to right time/place/type
small farmers have wealth?
Excellent suggestions 🎉
Excellent suggestions 🎉
Guys, Do not leave your job just because u have enough corpus. Find something which u will do after your Job and then leave it. If you dont work after ur Job, ur fitness, mental health and relationship may get spoil.
Agree with your words 👍🏼
Yes I agree
if we feel we may get better life without job then might quit,but question is that without job our day to day life with discipline somehow it may not be possible
I am 38, in US(for almost 15 yrs now) moved right after my B. Tech degree, been investing in US market all these days.. planning to come home after 2 years and become FI by investing in Indian Market, Hoping for the best.
Do not come back. Quality of life is very bad in India and it will get worse.
😆😆😆 do you thinl living life after 40 with money is the dream lol enjoy when you are young money is useless after 40
@@KunalMagar23 that's the reason i want to retire right? because i don't need a corporate job after 40. you did not get the point, i didn't say i did not enjoy in US .. just want to come back home and not work on regular 9-5. i love travelling.. already covered north and south America.
@@ShivamGupta-wf5ni agreed to an extent but life has no meaning if you live in a foreign country after certain point and age. Janma Bhoomi for a reason.
Yes bro come back and contribute to our nation & make it a better place 😊@@harishsd5632
Am I the only one who thinks he will be a good tabla player 😊 great episode as always
lol
No disrespect meant but I lol at your comment. 😅
Him after reading this comment: Abey saaley!!
🤣🤣🤣🤣
He is quite a toxic person full of hateful and biased views going by his comments on X ( twitter) and his ‘freedom’ has resulted in posting 50 such comments every day !😅
Jagmag jagmag dia jalao ❤
This is best episode. Every one has push factor he explained but no courage to take decision he took. I am in same position. But dont have any passive income. Just assets that yield no monthly income😮.
A very sweet person. Humble, wise, and very calming personality. A great inspirational for me to look upto. Thanks wint wealth.
Manoj Arora is gem 💎. He is selflessly working on environment protection
I liked his calm ness🎉
Really appreciate this man's financial intelligence, need more such people on this channel.
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult.
Waking up every 14th of each month to $30,000 it's a blessing to I and my family... Big gratitude to Jeff Clark 🙌
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Jeff Clark, has been an amazing experience.
Hello how do you make such monthly?? sometimes I feel so down🤦🏽of myself because of low finance but I still believe in God
I'm favoured, $4,000 every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mr Jeff Clark
My grandfather has more than 15Cr , but he is still working instead of enjoying, but his happiness in earning money so I don't force him to leave the business.
Isi liye to desh ka yeh haal hain...itna hone ke bawazood paise ka lobh khatam nahi hota....
@oindrilaniogi7568 nhi jb apne us jagah hote h to pta lgta h , unhone jawani se ise apne bche ki tarah pala h to unka man nhi krta ise chhodne ka..
M koshish krta hu unko ghumane lekr jau...
Lekin free baith ke bhi kuch din acha lgta h fir nhi ..
Bussiness is a different thing. u have that feeling of ownership, but in the job, u lack satisfaction that's the difference
That comparison of Real Estate vs Debt Fund is the best takeaway of the video according to me. Thanks Wint Wealth team for
Glad it was helpful!
Also how he explained push pull factor
He has found his ikagai. That satisfaction drives him to be a disciplined spender . Great for him.
Excellent life ! Spent time with kids when they were young and now with nature planting trees ..
One of the best interviews in wint wealth series ❤
Wholesome financial and life advice
My grandfather have 10 cr networth and he is 79 but today also he is working. He has a business but he never enjoyed his life he only runs after money.
But he built wealth for you
Earning money is also enjoyment.
May be his enjoyment in making money, let’s appreciate him what he is doing 🎉
@@shashanksingh5434 kitna hi ayega I have 2 chacha to 3 cr hi bas milega ek Jan ko
Exactly....Earning money and seeing your money growing is ultimate enjoyment
This channel is so helpful.
2.5cr grown to 3.5X in 10years.. unreal growth, what is the CAGR?
at swp of 1.5 L and 18% cagr last 9 Yr 8 5 crs is easy.
Same question.. When I don't get the details in depth, I tend to the conclusion that most of these videos are fake or manipulated
13-14% returns
If you take into account the withdrawals of 3-4%, 16-18% required return which in this long bull run is believable
13.3%
like 20% crazy 🤣
Good interview, very relevant one. But if you withdraw 4% from debt investment that yields 8% per year, your corpus is infact going down after considering inflation.
I am in same place right now at 42 and daily thinking about if I am ready to FI and ok to bye bye my job lot of anxiety in mind
I pray to God to help you to achieve financial freedom
Can you share your portfolio allocation. I'm in 30's looking forward to retire at 40
Go for retirement, don't overthink. Time won't come back.
I am 24 can you share also me
Don't forget to live your life
The power of SWP. 9th wonder of the financing world.
Man I am TIRED of Tech guys / US returns telling us how easy it is for everyone.
His clarity of thought is very good. I resonate with almost all of what he said.
He looks like he is at peace with himself which is the most important takeaway.
He explained so lightly
At 40, I think about this almost every other day. Unfortunately started investigating journey very late(37), so a long way to go before I get to FI
Even the guest in the video started investing at 37 right. You are on the right path. Starting is more important. Good luck :)
Even I started investing at 38 under the same Guest's guidance. I am progressing very well now!
I also started at 37. Everything happens to us in life when we are ready for it. HIS timing is spotless. Go for it.
@@ManojArora thanks. Yeah the new found discipline towards investments is great and watching the numbers do give a dopamine rush of sorts 😁
Targeting 2028 to achieve FI & RE by 2029/2030 when I turn 45/46
Just loved it..
For god's sake, start putting time stamps in your videos! Your retention will increase.
I've been following Manoj for a while and totally resonate with his thoughts here.
Well-balanced approach to FIRE
1000th day of wondering why these videos are free!
Well put, straight to the point. So many insights for myself and to share in my network.
Thanks again Wint!
Not everything should be monetized (& great job Wint Wealth for keeping these free). Its videos like these that help and give perspective to common people about FI/RE
Superb quality discussion. Value in every point
Excellent explanation ❤
Was there any information on total NW? How much left for kids college etc and if he has his own house fully paid or rent etc?
Very nicely explained..you should write An Indians Journey for freedom similar on lines of The Simple path to wealth creation
I am 37, and really it's a struggle to spend each day in job 😢.. I want to do things I like more such as spending time with kids, playing cricket, travel more within India and a small business that will just be sufficient and there is no corporate kichkich and pushing around or the daily stress related to it.
Wonderful insight into the financial freedom journey which as emphasised is 'so easy' and is solely based on the strong foundation of being DISCIPLINED.
Mr. Manoj has a PURPOSE in life and that fuels the journey of life.
Feeling enlightened after watching this interaction.
Thanks for sharing valuable information..
Good conversation Thanks
Lot to learn
Have been following Manoj Sir on twitter for a while. Great to see his story ❤️
Yet another enriching episode… thanks guys ! 🎉
He has written a wonderful book called FOOPs.
Great interview and motivation for people who are starting and people who are doubting to make that jump! Irrespective of goals one must start to work on their financial independence and reach retire early which only means that working for money is optional so one can work the same job, something else, or nothing at all! You get time!
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
damn, great clarity in thoughts and strategy, learnt a lot
Very calculated move 👌🙌
As of today for a middle class family in tier 1 city, does your 5 cr number include property as well? Or this number is apart from property?
His corpus is 8.5Cr + children fund. Still wearing 2-2.5K MI type band. But earning 50K/1L or may be a bit more expending 🍎 watch ⌚️ 😂
Fantastic video! Please I have incurred so much losses trading Forex on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Same here, my portfolio has been going down the drain while I try trading,I just don't know what I do wrong..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience
think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Mr Pierre.. Highly recommended
Wow, I'm surprised to see Pierre mentioned here as well. I didn't know he had been kind to so many people
Though I started with as low as $15,000 actually because it was my first time and it was successful, he's a great personality in the state
2.5 cr today is also good, it all depends on your expenses..
Your videos are fantastic! I’m a regular viewer and have been really enjoying your content. I’m interested in investing but haven’t found the right opportunity yet. There’s been a lot of buzz about cryptocurrency lately, especially with discussions about a potential bull run, particularly if Donald Trump becomes the next U.S. president. I would greatly appreciate any guidance you could provide on this. Thank you!
Yes, there has been a lot of talk about investing lately but I am new and want to know where to start. Can someone explain to me how to invest and get started?
In my opinion, investing is not about getting rich but rather about achieving financial independence. To become a professional investor, you need a financial advisor. I have succeeded by following the instructions of my financial advisor. I have no regrets so far.
Awesome, you have such amazing information. Can you share more details on how to contact your financial advisor? As I said, I am very interested and if I can get help here, I will start immediately.
He is on Telegram and X, formerly known as Twitter
JosephSloan00
How do I get in touch with Manoj Arora. He said that he coached individuals.
Insightful!
Superb video. Inspiring
I think financially independent and retirement are two different things.
First to get financially independent you need to have goals and discipline which I don't have. Secondly, we need to have some sort of guidance (if not good with calculations) on fund allocations and how much do we need to invest to get financially independence which again I don't know.
Wish me good luck guys! 😄
Good luck on your FI journey (:
If a person earns 3.5 L per month in India, what's the point of going to US to earn 4.5 L per month?
That was many years back. It would have been a great opportunity back then even if the hike wasn't much.
@@arjunps6776 Hmmmmm......that's not even a hike. In real terms, it is a drop in income and savings.
I have a passive income of 1.35 Lakh ₹ per month passively from Real estate.
And still don’t have confidence to quit my current job. I am 34 years old.
Any advice plz ?
If not confident, then do not quit. Do you have kids/family to spend time with, or do you know who will time pass once you retire?
Great bro. How did you manage?
3.5L - 4 L... Monthly income in India... Is very very few people....
Very very few of them able to FI...
Isnt there Anyone who achieved FI without going to US or UK??
Good one.
Yes politicians 😂
@@arjunjain6430 True that 😄
Yes it is possible, depends on your gap between income and expenses... And how you invest it
Hello
Im 22 yr old and have a salary of 30k with debt of 4 lakhs
Someone please tell me how to be financially free out of debts and provide some financial advice.
Thank you
Investment and Investment Use the power of compounding.
May be you should read "The Richest Man in Babylon" book.
Snowball your debt. Start with smallest debt. Make extra money to that debt. Once finished use that extra money to kill the next bigger debt. If you can maintain the discipline for next five years. You will be debt free. Make sure to build your savings atleast Rs 500 per month. You will surprised after 5 years.
Start SIP 1000 rs ..
Start saving money
Even it's 1000 also
Invest in SIP ,
Since your age is low
You choose small cap fund having more than 10 years old,
Then you can create the mindset of savings followed by increasing the amount..
This is the way you can create the wealth by 40 years
Never waste your energy arguing with a real estate investor to start investing in liquid assets.
Great point😂
What if those investor are your parents ? 🤣
One thing you forget to ask is what happened to equities in corona? When nifty halved obviously equities also halved so how he managed during those times? Debt I get is okay
He looks so young
Will take it as a complement 😃 I am running 52.
Woww nice❤
I haven't seen alot of videos where Dr and lawyer talks about FIRE... How is the earning of these professional compare to IT sector?
Cool guy.. Nice video 👍
What is this madness about retirement. Most people in 30s think that 40 or 50 is a ripe old age , ready to retire. If financial freedom had been the only reason people work for, then the ones like SRK, Dhoni, Messi , Would have long retired. The list goes on of course. So desire to be able to work at 70 or 80. Don’t hope for retirement. Be careful what you wish for. The great Big B is still working. 😮
The persons you gave as examples are those NOT WORKING FOR OTHERS.
There is a difference when you work on others terms and when you work on your own terms.
I shall recommend you the podcasts of Morgan Housel who wrote the book psychology of money to better understand this.
Well Warren Buffet is still working in his 90 s,
He doesn't have a bose to work under ,he is the bose
So is SRK , BigB, Messi
Financial independence gives you that freedom.
Hope you understood
they love what they do.. Most of the people hate working in corporate jobs and only do to porvide for family… people wanna be financially independent to do whatever they like and not essentially retire big difference
Retirement and Achieving Financial Freedom are two different pursuits! Priority should be achieving Financial Freedom which opens up new opportunities.. quit that shit job or leave a toxic workplace or get motivated to work what you’re passionate about.. Stress and all is superficial!
@Change_makers_ oh yes. Financial security should be the motto. If that allows one to be creative and pursue one's passion ,then there is nothing like it. But the word retirement is big misnomer in these situations. Work gives a certain sense of identity, recognition and sense of being. But it may not be possible to switch jobs entirely. In those situations some kind of hybrid arrangements can be done till one gets foothold for a total switch over to a field of passion
The difference is that they work where their passion lies and we work for paycheck only. And so we obviously want to come out of this rat race and have some quality time spending with our dear ones, fulfilling our wish lists in life. And of course we need financial security or freedom.
12:14 : inflation of 16percent will devalue your 2cr anyway
You should account for inflation
Excellent interview.What a clarity in thoughts.Very useful.
Glad you liked it!
I've been living on passive income through my turnkey multifamily properties for the longest time now
It’s wonderful
wait a minute, is this the same guy that comments on every of Akshat's tweet😂
Yeah 😂
We have family networth of 25 cr but I still do a job for 1.3 lakhs per month to keep myself occupied
Where do you work bro
@@shannu1927 Capgemini
Can someone explain SWPs and tools to achieve that ?
It's just systematic withdrawal plan. The opposite of SIP (systematic investment plan). In an SIP you put money into the market every month. Maybe you invest 20k every month. In SWP you take money out of the market every month. So maybe you withdraw 20k from your corpus every month.
@ do all funds support swp?
@@poojav4345 Who knows? you'll need to do your own research. Preferably consult a financial advisor.
Seems like Acharya Manish Ji ...:)
Insightful
Good one
Sir aapko anupam tripathi finance guru ji ko interview karna chahiye . Woh Asli wale hain ❤
So surprising that there is no mention of Bitcoin.
Gold content
This is the best episode I have seen till now, I am earning more than him. Right now not mentally prepared to come on your episode but soon will fill the form and apply 😊
We hope to talk to you soon (:
Come soon, we are waiting to hear your growth story
How he was drawing 7 -8 lakhs in USA when the USD INR rate wws 45? 18 K per month in US 15 yrs ago for someone sent from India is bit suspicious unless he was GM /VP .
work as long as you can, pump that money for different asset class, one day job market will kick you out, come out and start your own life.
mostly debt mutual funds coming at 18-20% for 10 years 😅 is it believable? what's the missing information
🎉 stock market is like clouds don't bet on it big guy have rental properties n business
People should also know the other side that Manoj Arora spreads propaganda day in day out on Twitter about Indian economy being in dire straits, while his own money has multiplied 350% in the last 10 years 😂
The host should at least have the courtsey to introduce the guest first rather then straight coming to person's finances. I still even didn't get the guest's name in whole podcast.The guest seems quite sorted in life . The corporates keep loosing good people and retains junk talent due to toxic work environment ..
I am 32 now. I will take retirement at the age of 45. I have the same philosophy as this gentleman has on post-retirement life.
One of the finest interviews ❤
Keep on rocking WINT WEALTH 🤘
We’re glad to know you appreciated it :)
People want to retire early due to their shitty job......if jobs were to be great,then there is no need to retire
13:14 👍
ever heard of inflation
14.:2
All Roads lead to Richest Man in Babylon.. Influencers 😂
Manoj ji...books baht mehgi h aapki....thoda discount dila do
14:22
@winthwealthYT please do a comprehensive financial planning of this sir right from goals and corpus for goals and at last FIRE. This guy is more relatable to many people in India. Please do a video regarding how did he calculate required corpus for children education, how much was it and how did he achieve. Also what is the required corpus for children marriage and its plan. And atlast you can do a FIRE interview.
Peak guy