The most imp thing i have learnt.. from this video is being really humble at his stature. People earn few bucks and start thinking differently.. How humbly he answered to most personal questions . Would request you to call sir once again on a show .. plz have lenghty and indetail video.. there is so much to learn from sir.. Probably will learn more from him..ghan i did in my mba
The amount he quote in different forums is different. It was 10 crore in Sharan 's podcast and here it's 20cr. But I like karan's candid nature and his overall journey is inspirational.
Karan: You seems to be very genuine and one of the most 'alive' person. You are one of the example that even salaried people also can create great fortune. Very inspiring. Happy retirement🎉
Given his rather lavish annual expenses, I woukd estimate that his corpus is between 15 to 20 crores. While his story is oneof success, it is cannot be replicated for everyone. He admits the stock options played a key role inhis achieving his FIRE number and not everyone has access to these. It goes back to the math of keeping your lifestyle and expenses in moderation and saving and prudently investing over a long period of time. If your expenses are in control then the FIRE number would be around 25 to 30 times annual expenses assuming that around 40% to 50% of your savings are invested in the capital markets. If people are aspiring to live Karans lavish lifestyle then the number becomes unachievable for the average person.
Karan Datta guruji aap please apna channel shuru karo actively! Would love to learn more from you! Didn't know about you earlier, discovered on sharan's channel. Great to watch this video also
Anshuman -- amazing video. As this person is not wasting time and money on real estate [ 1970's parents and generation types ] . Good India is growing and people are not hogging to just natural assets [ land, farmland and gold ]. Somewhere the happiness and personal growth will push the subordinate and colleagues growth as well. [ not like jamidar and workerclass think process ]
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free
sir, I have a lumpsum amount of 20cr can you help me pick the best way to get minimum 10%returns to cover my expenses,I have a plan,would be great sharing you advice
true but hard, I made a terrible mistake and sold all my position into cash when I lost about 14.5% of the portfolio six months ago, worrying the market would drop even more.
I like the idea but not necessarily at the cost of selling at a loss right now. will recommend you speak with an advisor "Martha Cornell Kerns, Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable
This is an amazing goal so many of us are striving for, Trying to build wealth and diversify assets. your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
This same person in every podcast lately 🤔 I intend to retire at 46/47. My figures are much more conservative but the thought process is similar. RE for living, gold for ornaments, equity(MFs) for wealth creation, insurance for security & debt(FDs) for emergency funds
Hello Sir . Greetings !!Samir Arora's Helios flexi cap has been launched.. though it's an NFO should I invest or wait for 5 years to see the performance
Don’t have to look at funds in isolation. Seek advice from a MF distributor and share with him or her your goals. Investments should be around goals and needs. If Helios then fits your requirements then go for it
@@KaranDattathe only issue in MFD is 95% are sellers of MF with no clientele interest, I know you are talking about MFD with ethics but that are few, would this advice land many people in issues? Your MFD for sure is good but thats the 1%
It is a really great interview, healthy conversation, karan sir you are really great. I'm happy that you are explaining all the details openly and helping people understand. Thank you
@@APEXGAMING99believe in India growth story.... So sip in index fund... Don't fear about 10,12% correction...be consistent and the time will reward you 🎉
Living in village, doing a small business, earning 20k mnth,where everyone left their village fr good life in cities,,😊I decided to buy all their properties,n becm a king in my village 😂😂fr tht I hv to earn 1lakh mnth😊this is my goal😅❤
Wint wealth 10 cr + , CNBC. 15 Cr. and your channel 20 cr😂😂. Not doubting but it should be same when the interview has been taken around the same time to build credibility
Like I have been saying, Channels have been kind to call and speak to me. It’s their kindness to call me. Also there are very few poster boys for the early retirement programs. I am happy to share my experiences with a larger audience
@KaranDatta sir, I have a lumpsum amount of 20cr can you help me pick the best way to get minimum 10%returns to cover my expenses,I have a plan,would be great sharing you advice
@@sar3388 no bro I have huge passion for business and trading the amount I have earned was through trading and investment in trading the markets are extremely volatile and unlimited risk and I don't want my family to suffer financially
Yes sure. First and foremost I suggest getting in touch with a good MF advisor or distributor. That’s very important. After that you and your spouse should spend time with the advisor in listing down your goals and dreams. Leave it to the advisor to come out with a plan. Our job is to stick to the plan they good and bad times. Happy to help if you need any more help
@@KaranDatta yeah, i consulted him he is pretty young doesn't have enough experience as you have , would love to hear it from a experienced person like you. Our only needs were to get a minimum of 10% return every year till next 50 years considering we don't make any big purchase
Seek the help of portfolio management services, investment consultants .. mutual fund investment can be one of the ( but not the only) part of the different investment avenues of the total investment.
@@KaranDattaAre stock options given at a discount to the current market price like 15% discount on market rates ? We have it at Apple where we have stock options at 15% discount
@@CodehanCodesStock options gives you the right to purchase a specific number of shares at a set price. On the other hand, ESPP allows you to purchase a stock at a 15% discount up to 10% of your base pay on the lowest of the two dates in the purchase period. Basically with stock options, once they vest, you’ll have an option to exercise it i.e. buy them at a pre-determined strike price. These are typically offered at start ups and pre-IPOs.
Sure. You can reach out to Jain Investment Advisors. They are based in Mumbai. Have a 20 year track record and have been managing client money with diligence.
I think that 20 crore is like that ideal number to achieve where u are totally well off and also not filthy rich that govts track u. This 😊man is what i aspire to be like
@@KaranDatta But sir, every year you withdraw 70-80 lakhs or more for your travel and shopping and purposes. The money you are withdrawing has to be taxed... that's what I mean.
Mere papa 49 years ke the vo actually mar gaye. But what i see is he was not that healthy. Karan sir really i am feeling nothing is beating health. Not any amount of money. Really inspiring for me as i am starting my carrer as a 22 year old!
@@kaay358 Why do so many athletes and body builders die from heart attacks? Putting too much stress on the heart is not good. Exercise increases cortisol levels. As long as cortisol levels are within the limit, you are fine. But exposure to higher levels of cortisol on a regular basis is deadly to heart. More gym = better health is a lie. Moderate level regular exercise for some minutes is enough to keep our bodies healthy. There are literally hundreds of research papers on this topic.
@@anshumanfinance yes yes, ofcourse. There's no way I can compare myself to him. Have tried to reskill but never get to work on that tech. Stuck in endless loop of courses and forgetting what I've learnt
15:00 Dear Anshuman, I want to give a brother friendly advice to you, please dont keep you right leg on ur thigh pointing towards Prabhu Shri Ram Ji. Kindly respect your subscriber emotions and bhakthi towards Bhagwan Shri Ram. How ever a younger guy should never keep his one leg on another leg in front of elder person, dont think its a cool. Even after so much success Karan Dutta ji did not kept his leg on leg in front you but instead he kept crossed leg. Rest its up to you.
Irony is when a former mutual fund head purchases a house for 1.1CR and it appreciates to 6CR in 10 years. These are the same ppl that advocate against buying houses.
He is advocating against buying a house as an Investment tool, no one stops you from buying a house if that's where you want to live for the rest of your life and your finances allows you to purchase one
Not to be toxic and I am sure the gentleman is great but look at facts/reality. The decadent lifestyle, not mentioning academics, referring to a "mutual fund distributor" as opposed to a Registered Financial advisor are all indicators of someone who has reaped the benefits of being in the right place at the right time. There are plenty of mistakes right there. For most, they will not get crores in salary or get lucky with stock options. Planning and saving diligently, talking to a financial advisor, taking care of health and contributing back to society from age 40 to 90 is what we all need. Once people make money, all that they did seems great in hindsight but that is just confirmation bias. Monetary success is not an infallible indicator of Intellect or capability.
1. I have had a MFD ie Mutual Fund Distributor for over 20 years. 2. Salary and bonus has always been invested in funds 3. Stock options helped with flows ahead of time. Else I would have had the same amount but 8 years later. 4. Have always believed in capital markets and hence invested 5. I actively seek Advice because it helps mitigate risks 6. Health is more important to me than wealth. Have been running for 35 years of my life. At some stage I want to sprint for India. Training for that 7. Am a speaker on Geopolitics and its economic impact. I also speak on the costs of terrorism on India 8. Spend 6 hours a day on playing and 3 hours studying Hope that clarifies that this was planned and not a stroke of luck alone. Don’t think i can give more details than this but if you want I can share my educational qualifications too. 😊
@@KaranDatta : Thank you for taking the time to respond and clarify. There is only so much to be gleaned from a short interview. I wish you the best of luck and health. I am hoping my stock options catch the same trajectory as yours :)
The best of best mutual fund would give 20 percent return. Check Marcellus by Saurabh Mukherjea, this pms generates over 18% to 20% cagr every year. Now to get 1cr in 5 years, you have invest 90,000 to 1Lakh every month for 5 years which is equal to 48 to 60Lakh then you will reach 1cr goal in 5 years. But beauty of compounding starts from 5th year. From 5th year to 10th year without investing any more in your portfolio you can gain upto 5cr
It's better to invest in Fixed Deposits till 2031 till the next bull market in equities worldwide from 2031-37 happens. There will be a correction in the stock market in 2024 and markets will be in a bear phase till 2031 as the present rally is restricted to midcaps and small caps since 2019-20.
@@ravishankarburada6841 irrespective of bear markets good companies can still give you 10 to 12 percentage returns on an average of next seven years. Its better to load up the stock portifolio till 2031 and enjoy the bull market
Retirement ko le kar highlight karna wale thode Kum hain. Aur main unme se ek hoon jo apni financial freedom ki story share karne ko tyaar hai. Shayad isliye UA-cam par aa raha hoon
@@KaranDattaignore the comments bad , it was really inspiring, i hope you do achieve greater heights and great wealth and your corpus should get double soon , good qork
Checkout GoSats- gosats.onelink.me/O1LB/elgc20ec
Use the referral code "ANSHUMAN" to get ₹250 preloaded balance in the GoSats Elite card
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home=stay
gold=ornamental
mutual fund=capital
insurance =protection
well said sir
hotel? trivago.
@@syco_Rax😂
Rental income and dividend
This guy is what I aspire to become in a few years!!
He is not only rich, but he seems a sweet and genuine person. Good for him.
How kind of you. Thanks a lot
Absolutely
This video will be eye opener for those who says “ job se rich nahi ho paoge”
Totally agree
Karan is an inspiration - thanks Ashutosh for this episode.
Wow karan was amazing...even sometime anshuman was surprised..very learning episode...
Anshuman please ask such personality to give tips to younger generation/ skills.
1. Start investing early
2. Start with SIPs
3. Don’t stop when the markets are down
4. Do this for 20 years.
wow what else do you want ..the man himself replied @@KaranDatta
@@KaranDatta Thanks for sharing your experience sir… you are true inspiration
@@KaranDatta Thank you, sir.
Anshuman should help him decide whether to buy a RR or a Bentley.
A man with 20cr will not even consider to shell out 5cr (25%) in a Rolls or a Bentley.
He would have not achieved this if he had wasted money on buying expensive cars and end up working till his death.
he isnt true about his nw it is def more than 20 cr
The most imp thing i have learnt.. from this video is being really humble at his stature. People earn few bucks and start thinking differently..
How humbly he answered to most personal questions .
Would request you to call sir once again on a show .. plz have lenghty and indetail video.. there is so much to learn from sir..
Probably will learn more from him..ghan i did in my mba
Thank you so much for your very kind words
Best video of fix your finance series ❤
Karan datta sir looks a lot like Vijay kedia, both r legends
Oh my God. That’s a true compliment for me. Thank you.
He is very clear about his choices, not change frequently
The amount he quote in different forums is different. It was 10 crore in Sharan 's podcast and here it's 20cr. But I like karan's candid nature and his overall journey is inspirational.
@karan your advice is so simple and yet practical!!! The biggest learning are - discipline to invest and plan as early as possible!!
Why we have same people who are already have podcast on other platforms , already seen his discussion with finance with sharan
Yes that too within a week!
You have a option of not watching. There are people (like me) who do not watch finance with sharan
There are people like me who do not who Sharan is
You're too free
Bad choice of people. He will buy 100 anshuman with his networth , fixing his finance is a joke😂
Karan: You seems to be very genuine and one of the most 'alive' person. You are one of the example that even salaried people also can create great fortune. Very inspiring. Happy retirement🎉
Thanks a lot.
Given his rather lavish annual expenses, I woukd estimate that his corpus is between 15 to 20 crores. While his story is oneof success, it is cannot be replicated for everyone. He admits the stock options played a key role inhis achieving his FIRE number and not everyone has access to these. It goes back to the math of keeping your lifestyle and expenses in moderation and saving and prudently investing over a long period of time. If your expenses are in control then the FIRE number would be around 25 to 30 times annual expenses assuming that around 40% to 50% of your savings are invested in the capital markets. If people are aspiring to live Karans lavish lifestyle then the number becomes unachievable for the average person.
Karan Datta guruji aap please apna channel shuru karo actively! Would love to learn more from you! Didn't know about you earlier, discovered on sharan's channel. Great to watch this video also
Thank you very much. Very kind of you
Thanks Anshuman, mere sapno ke Sasur ji aaj mil Gaye 🤪👍
Hahahahahha. 😊
Anshuman -- amazing video. As this person is not wasting time and money on real estate [ 1970's parents and generation types ] . Good India is growing and people are not hogging to just natural assets [ land, farmland and gold ]. Somewhere the happiness and personal growth will push the subordinate and colleagues growth as well. [ not like jamidar and workerclass think process ]
I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free
sir, I have a lumpsum amount of 20cr can you help me pick the best way to get minimum 10%returns to cover my expenses,I have a plan,would be great sharing you advice
true but hard, I made a terrible mistake and sold all my position into cash when I lost about 14.5% of the portfolio six months ago, worrying the market would drop even more.
I like the idea but not necessarily at the cost of selling at a loss right now. will recommend you speak with an advisor "Martha Cornell Kerns, Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable
All the best. It’s a tough one to start, Just invest a bit each month but it’s up to you
This is an amazing goal so many of us are striving for, Trying to build wealth and diversify assets. your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
This same person in every podcast lately 🤔
I intend to retire at 46/47. My figures are much more conservative but the thought process is similar. RE for living, gold for ornaments, equity(MFs) for wealth creation, insurance for security & debt(FDs) for emergency funds
Yes keep it simple. You are on the right track. Investment corpus can be about 25 times of your annual expenses.
I ALREADY SAW HIM ON THE WINT WEALTH PLATFORM BUT STILL GAIN SOME NEW INFO AND KNOWLEDGE. LOVED IT😊
Thank you
Amazing video as always Anshuman bro
Thank you
Yo Feeling Motivated..Rich and Humble❤
Should have done a 1 hour interview, we get to learn from people that have achieved good amount of success in life.
These are edited versions.
Great episode❤
Thank you
Zero on loan. Sunane mein sukun
Saw the same guy in different videos with 10crore in one, 15 crore in 2nd and 20 crores in this one
Wonderful episode!
Bhajan kirtan to karo bhai, wahi materialistic life after retirement
Bhai we always inspired to invest in mutual funds and stocks such as stories when market is down
I have been investing thru ups and downs. Highs and lows. Good times and bad times. That’s long term investing
Hello Sir . Greetings !!Samir Arora's Helios flexi cap has been launched.. though it's an NFO should I invest or wait for 5 years to see the performance
Don’t have to look at funds in isolation. Seek advice from a MF distributor and share with him or her your goals. Investments should be around goals and needs. If Helios then fits your requirements then go for it
@@KaranDattathe only issue in MFD is 95% are sellers of MF with no clientele interest, I know you are talking about MFD with ethics but that are few, would this advice land many people in issues? Your MFD for sure is good but thats the 1%
Very humble person what I can see. May God bless you sir with all the good health 🙏
It is a really great interview, healthy conversation, karan sir you are really great. I'm happy that you are explaining all the details openly and helping people understand.
Thank you
Thank you
I love the way you interview.
Karan is actually spending some time to go through comments 😂
Yes each comment matters. That’s the least I can do. Thanks for recognising the effort.
@@KaranDattaHello Sir can you advise where to invest for long term in mutual funds??
@@APEXGAMING99believe in India growth story.... So sip in index fund... Don't fear about 10,12% correction...be consistent and the time will reward you 🎉
Living in village, doing a small business, earning 20k mnth,where everyone left their village fr good life in cities,,😊I decided to buy all their properties,n becm a king in my village 😂😂fr tht I hv to earn 1lakh mnth😊this is my goal😅❤
Inspirational sir . .🙏🙏
Thank you
@karan one question do you withdraw profits regularly and reinvest?
In sharan's video he said 15cr corpus in total. 1995 pe 23k starting salary and abhi bhi yhi h starting lol😂
Wint wealth 10 cr + , CNBC. 15 Cr. and your channel 20 cr😂😂.
Not doubting but it should be same when the interview has been taken around the same time to build credibility
He is coming on all the UA-cam channels after retirement
Like I have been saying, Channels have been kind to call and speak to me. It’s their kindness to call me. Also there are very few poster boys for the early retirement programs. I am happy to share my experiences with a larger audience
@@KaranDattahaha! Well said 👏
What is stock options¿ please explain
This Guest is so articulate n honest he impressed me more than any top celebrity. Bless him
Thank you so much
@KaranDatta sir, I have a lumpsum amount of 20cr can you help me pick the best way to get minimum 10%returns to cover my expenses,I have a plan,would be great sharing you advice
Bro is already retired even before starting work.
@@sar3388 no bro I have huge passion for business and trading the amount I have earned was through trading and investment in trading the markets are extremely volatile and unlimited risk and I don't want my family to suffer financially
Yes sure. First and foremost I suggest getting in touch with a good MF advisor or distributor. That’s very important. After that you and your spouse should spend time with the advisor in listing down your goals and dreams. Leave it to the advisor to come out with a plan. Our job is to stick to the plan they good and bad times. Happy to help if you need any more help
@@KaranDatta yeah, i consulted him he is pretty young doesn't have enough experience as you have , would love to hear it from a experienced person like you.
Our only needs were to get a minimum of 10% return every year till next 50 years considering we don't make any big purchase
Seek the help of portfolio management services, investment consultants .. mutual fund investment can be one of the ( but not the only) part of the different investment avenues of the total investment.
Great guy
He doesn't need to Fix his Finances 😂
What is the meaning of stock option
When you are given part ownership of the firm by way of stocks as part of your total compensation.
@@KaranDattaAre stock options given at a discount to the current market price like 15% discount on market rates ? We have it at Apple where we have stock options at 15% discount
@@CodehanCodesStock options gives you the right to purchase a specific number of shares at a set price. On the other hand, ESPP allows you to purchase a stock at a 15% discount up to 10% of your base pay on the lowest of the two dates in the purchase period.
Basically with stock options, once they vest, you’ll have an option to exercise it i.e. buy them at a pre-determined strike price. These are typically offered at start ups and pre-IPOs.
I think Karan Sir's best investment is his wealth. He looks like he is in his 30s.
How does he save taxes
Hey please dont do click bait. The number in the thumbnail is just too big and clearly incorrect. Arabs mei nahi milta hai dividend kisi ko bhi.
No questions from Anshuman's questionnaire got answered lol
I thought I tried to answer.
All were answered what are you talking bhai ?
Karan can you share your mutual fund advisors details or any benchmark how to find the best ones?
Sure. You can reach out to Jain Investment Advisors. They are based in Mumbai. Have a 20 year track record and have been managing client money with diligence.
Thank you Karan
Wowww nice … thanks
I like your videos, but as a non-hi do speaker struggle to follow sometimes the conversations. Would be of great value if we have subtitles added.
Subtitles will be added today!
Gold is not ornament its real money
Well depends on how you see it. It’s barely beaten inflation over decades.
I think that 20 crore is like that ideal number to achieve where u are totally well off and also not filthy rich that govts track u.
This 😊man is what i aspire to be like
Well, how did the tax become zero? Whose annual expenditure is 60-70 lakhs means his earning is 2-3 crore ..then why does he not have to pay tax now?
Because my investments attract long term capital gains hence much lesser tax incidence.
@@KaranDatta But sir, every year you withdraw 70-80 lakhs or more for your travel and shopping and purposes. The money you are withdrawing has to be taxed... that's what I mean.
Yes agree. But the tax rates are way lower than 35%. Long term capital gains. Virtually being the entire Withdrawal tax rates to single digits
Good Video
Thank you
Mere papa 49 years ke the vo actually mar gaye. But what i see is he was not that healthy. Karan sir really i am feeling nothing is beating health. Not any amount of money. Really inspiring for me as i am starting my carrer as a 22 year old!
Totally agree. Main 3 ghante workout karta hoon. Fitness regime mein believe Karta hoon.
@@KaranDattaeducation and health
@@KaranDatta 3 hour workout will kill you before age 50.
@@aditya-ml6km🤦🏻
@@kaay358 Why do so many athletes and body builders die from heart attacks? Putting too much stress on the heart is not good. Exercise increases cortisol levels. As long as cortisol levels are within the limit, you are fine. But exposure to higher levels of cortisol on a regular basis is deadly to heart. More gym = better health is a lie.
Moderate level regular exercise for some minutes is enough to keep our bodies healthy.
There are literally hundreds of research papers on this topic.
This guy will foresure create his own courses
No. I will not. No such intention because I am busy playing.
Just like Ravi Handa ?
Bhai yarr.. bas itna ameer hona hai. I'm 25 stuck at average salary. Don't really have any idea how i should grow in my career
12lpa?
firstly he is 50+ so you shouldn't compare your state with him. second - what steps are you taking to grow your income in the coming years?
Start with SIP
Increase SIP with salary increase
Do not stop.
Do this for 25 years
Retire at 50.
@@venomium4360 12 lpa is supposed to be average? Then I'm below average
@@anshumanfinance yes yes, ofcourse. There's no way I can compare myself to him. Have tried to reskill but never get to work on that tech. Stuck in endless loop of courses and forgetting what I've learnt
Hello
So my net worth is 200crs, where is the best place to invest, real estate or stocks?
no need to invest spend 4 crore each year and you will still have some crores to leave behind to your children
@@mallyboo😂
This has already been covered by Wint Wealth & Finance with Sharan
Please always try conversing in English, we're your fans from other states
Sir make video on posh locality in Delhi and job profile of people in Delhi live in posh locality
Hum chote youtubers ki video koi dekhna पसंद नहीं karta hai
15:00 Dear Anshuman,
I want to give a brother friendly advice to you, please dont keep you right leg on ur thigh pointing towards Prabhu Shri Ram Ji. Kindly respect your subscriber emotions and bhakthi towards Bhagwan Shri Ram. How ever a younger guy should never keep his one leg on another leg in front of elder person, dont think its a cool. Even after so much success Karan Dutta ji did not kept his leg on leg in front you but instead he kept crossed leg. Rest its up to you.
The namaskar at the end shows a man of humility
Nigaa just want to resale his watches bro 😂
Oh nice choice of words.
Irony is when a former mutual fund head purchases a house for 1.1CR and it appreciates to 6CR in 10 years.
These are the same ppl that advocate against buying houses.
He is advocating against buying a house as an Investment tool, no one stops you from buying a house if that's where you want to live for the rest of your life and your finances allows you to purchase one
From which clg he did mba from
Being honest, every video literally feels the same , same question, same suggestions just different faces
Iska interview wint wealth me bhi hua tha
This video is to hurt Middle class 😅😅😅
Not at all. I was from a complete middle class family. It’s a story of middle class becoming a bit rich. It’s to say that if I can do it , so can you
@@KaranDattaIts so amazing to see your Journey Sir . . Have a great Day
Not to be toxic and I am sure the gentleman is great but look at facts/reality. The decadent lifestyle, not mentioning academics, referring to a "mutual fund distributor" as opposed to a Registered Financial advisor are all indicators of someone who has reaped the benefits of being in the right place at the right time. There are plenty of mistakes right there.
For most, they will not get crores in salary or get lucky with stock options. Planning and saving diligently, talking to a financial advisor, taking care of health and contributing back to society from age 40 to 90 is what we all need.
Once people make money, all that they did seems great in hindsight but that is just confirmation bias. Monetary success is not an infallible indicator of Intellect or capability.
1. I have had a MFD ie Mutual Fund Distributor for over 20 years.
2. Salary and bonus has always been invested in funds
3. Stock options helped with flows ahead of time. Else I would have had the same amount but 8 years later.
4. Have always believed in capital markets and hence invested
5. I actively seek
Advice because it helps mitigate risks
6. Health is more important to me than wealth. Have been running for 35 years of my life. At some stage I want to sprint for India. Training for that
7. Am a speaker on Geopolitics and its economic impact. I also speak on the costs of terrorism on India
8. Spend 6 hours a day on playing and 3 hours studying
Hope that clarifies that this was planned and not a stroke of luck alone. Don’t think i can give more details than this but if you want I can share my educational qualifications too. 😊
@@KaranDatta : Thank you for taking the time to respond and clarify. There is only so much to be gleaned from a short interview. I wish you the best of luck and health.
I am hoping my stock options catch the same trajectory as yours :)
Karan,Please your tips to save 1 cr in 5 years.. in mutual fund ,which type of fund..
I know mf is not for short term but your thoughts on this please
The best of best mutual fund would give 20 percent return. Check Marcellus by Saurabh Mukherjea, this pms generates over 18% to 20% cagr every year. Now to get 1cr in 5 years, you have invest 90,000 to 1Lakh every month for 5 years which is equal to 48 to 60Lakh then you will reach 1cr goal in 5 years. But beauty of compounding starts from 5th year. From 5th year to 10th year without investing any more in your portfolio you can gain upto 5cr
Pls keep it simple. Invest in a Multi cap or Flexi cap fund. Take a 10 year view. Stay invested. Seek advice.
@@KaranDattawhat about nifty top 50 etf ? Do you recommend it ?
It's better to invest in Fixed Deposits till 2031 till the next bull market in equities worldwide from 2031-37 happens. There will be a correction in the stock market in 2024 and markets will be in a bear phase till 2031 as the present rally is restricted to midcaps and small caps since 2019-20.
@@ravishankarburada6841 irrespective of bear markets good companies can still give you 10 to 12 percentage returns on an average of next seven years. Its better to load up the stock portifolio till 2031 and enjoy the bull market
Yeh waale uncle saare finance channels pe aa rahe hai
Saare bahut pyaar se bulate hai. Aur yeh unka badhapan hai
I saw how much financial independence keeps you happy and healthy in this era.
Excellent podcast. What a positive vibes person. Very clear
Thanks a lot
Somehow I feel very irritated with interviewers who use hand talking i.e. move their hands with every sentence they speak.
1245 crore as Dividend as per thumb nail
That’s why govt is taxing more now 😂
kolkata aa jao bhaiya
Humara abhi ka salary is 25k in 2023😂
Koi baat nahi. Dherya rakhiye. Mehnat kijiye. Yeh bhi badega
If Anshuman can make money then anyone can
Why u think so ??
Sare UA-cam influencer ko bas yahi 1 banda milta he kya..dusre bhi he
Retirement ko le kar highlight karna wale thode Kum hain. Aur main unme se ek hoon jo apni financial freedom ki story share karne ko tyaar hai. Shayad isliye UA-cam par aa raha hoon
Now same set of people are coming in this channel , wint wealth , fiance with Sharan , money control 😮
I thought Karan's retirement corpus was Rs 15 crores (CNBC interview; excluding real estate) as opposed to Rs 20 crores mentioned here. Any views?
My personal net worth is 15 cr but I do have a corpus for my daughter for her education. If i add it all up it touches 18 cr in total.
Thanks Karan. God bless you. Would love to meet you@@KaranDatta
@@KaranDattavery poor
@@KaranDattaignore the comments bad , it was really inspiring, i hope you do achieve greater heights and great wealth and your corpus should get double soon , good qork
@karandatta do u work now ?
Bhai itna amir hoke kya faida jab porche ka sapna dekhna pd rha h
Sapne hain. Tabhi toh poore honge
@@KaranDattaSir, please ignore such immature comments.
Not all people worth your attention.
Thanks for sharing your wisdom.
Apke existence ka kya fayda jb dusre person ka naam lekr social media chalana pad rha h
He needs to spend on his dental care
Kisne kiska finance fix kia ?
❤
har jagh interview de rha h pandu
Log bahut pyaar se bulate hain aur yeh unka badapan hai.
Kasa ho
bhai hindi m baat kiya kro ...
Visit Kerala
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