Enrol to MMF (Masters of Mutual Fund) Course : Use discount code - MMF60 and get upto 60% off Website - www.phronesisinvestor.in Download our App from Google Play Store ( App Name - Phronesis Investor Academy ) For more information or clarification mail or what's app us: Email - contact@phronesisinvestor.com Contact No - 9035318500
I think the major challenges investors and retirees face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing.
I agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020 when I lost almost everything, but I switched to using a financial advisor who has better knowledge of the market than I do and I've been returning at least $70k every month, just too bad I didn't learn this earlier on.
Interesting! Been looking to switch to an advisor for a while now, but the fear of losing funds holds me back, any help pointing me to who your advisor is and how to reach them?
I'm not so comfortable making recommendations on the internet, but since her webpage is public accessible, she's Lisa Ann Moberly, a simple search with her name will suffice.
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $150k set aside to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A `
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $95k ROI, and this does not include capital gain.
Stacie Lynn Winson, is my Advisor, she is a consultation-free expert. She has her clients best interest at heart. I have been working with her since covid period. Though she's a very busy woman but she can offer you assistance if you reach out.
Stacie appears to be a true authority in this field. I looked her up on the net because I really need this, and found her website, went through her profile and I can say she's superb. Dropped a message hoping it gets replied.
This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@@maryHenokNft How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success,
There are a lot of independent advisors you might look into. But i work with *Camille Alicia Garcia* and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Pl can u tell me what will happen if the first holder in senior citizen savings scheme expires ? Then we will have to break the scheme, but what about the penalty ?
Emergency fund: Maximise your credit limit on your credit card (if you have good credit history) and use it as an emergency fund at hospitals. "Life saving, not Life style" is the motto for seniors.😅 This way you can use your funds for better monthly income generating plans Why does the government not consider giving investors the option emergency funds for hospitalisation from your SCSS? They can give you an electronic card which can only be used at hospitals? After all it is your money? They can debit two percent additional interest on this loan if repaid within a year OR charge you a 1.5% penalty on principle if you are not able to service it as a loan? Your views...
Life starts at 13 minutes where swp surfaces, pls highlight the tax efficiency of same vis a vis bank fd’s etc. as even now after no ltcg indexation benefit, one can achieve much higher cash flow @ Zero tax with safe debt funds giving around 7% ROI on a corpus of 3/5 crores in 20/25 yrs swp between self, spouse and huf maximising increasing @ 4-5% draw down per year basis inflation, depleting corpus to nil. No point in leaving back hard earned retirement cash for heirs, your house is enough🙏
Sir I m from raipur chhattisgarh mujhe suryoday small bank mein 500000 fd karna hai kya ye safe rahega online khulau account ya offline kya ye safe hai pls advise me sir pls
How can I find help investiong my house sale assets? My husband passed away last year and I'm not familiar with managing money. Any hlep would be greatly appreicated. Thank you
Very good information. Sir I have a good corpus in PPF A/C. As the a/c is 25 yrs no minimum subscription required. But my a/c is eligible for interest on my corpus. CAN I WITHDRAW SOME INTEREST PORTION MONTHLY OR YLY TO SUPPLEMENT MY PENSION. Pl advice.
Sir, yesterday I went to the SBI branch to extend SCSS which matured on 31st March but the official extended it at an iterest rate of only 8.0 % instead of 8.2%. Previously I was receiving @ 8.3%. The officer did not agree that the rate was hiked to 8.2%. What may be the reason sir? Please reply.
Extended account shall earn interest at the rate applicable on the date of maturity. On 31-Mar-23, rate of interest was 8%. That's why they are offering 8% interest.
SHARAD CHANDRA DHOLE , BHAI SAAB NAMASKAAR . AAP KE JAISA MERA BHI HAI. I FILED WRITTEN COMPLAIN " DECEPTION / CHEATING WITH SENIOR CITIZENS. " . YOU CAN SEND DECEPTION / CHEATING TO SENIOR CITIZENS A LEGAL NOTICE THROUGH ADVOCATE ." TO GRIEVANCES, REDRESSAL OFFICER OF THE BANK. DHANYA VAAD.
Enrol to MMF (Masters of Mutual Fund) Course :
Use discount code - MMF60 and get upto 60% off
Website - www.phronesisinvestor.in
Download our App from Google Play Store ( App Name - Phronesis Investor Academy )
For more information or clarification mail or what's app us:
Email - contact@phronesisinvestor.com
Contact No - 9035318500
I think the major challenges investors and retirees face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing.
I agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020 when I lost almost everything, but I switched to using a financial advisor who has better knowledge of the market than I do and I've been returning at least $70k every month, just too bad I didn't learn this earlier on.
Interesting! Been looking to switch to an advisor for a while now, but the fear of losing funds holds me back, any help pointing me to who your advisor is and how to reach them?
I'm not so comfortable making recommendations on the internet, but since her webpage is public accessible, she's Lisa Ann Moberly, a simple search with her name will suffice.
Thanks for this amazing tips, I looked her up and booked a call session with her, she seems proficient.
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $150k set aside to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A `
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $95k ROI, and this does not include capital gain.
Mind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.
Stacie Lynn Winson, is my Advisor, she is a consultation-free expert. She has her clients best interest at heart. I have been working with her since covid period. Though she's a very busy woman but she can offer you assistance if you reach out.
Stacie appears to be a true authority in this field. I looked her up on the net because I really need this, and found her website, went through her profile and I can say she's superb. Dropped a message hoping it gets replied.
This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@@maryHenokNft How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success,
There are a lot of independent advisors you might look into. But i work with *Camille Alicia Garcia* and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Yes, SCSS should be tax free. Govt pls do the needful.
Thanks for presenting a most valued video for retired/senior citizens
Quite reliable Advice that I have come across in India ... very professional 👍
Thanks a lot and always welcome 🙏
PHRONESIS INVESTMENTS ACADEMY NAMO.
SIR AAP KE INVESTMENTS SUGGESTION , ADVICE BAHUT HI LAAB DAYAK / PROFITABLE HAI
DHANYA VAAD.
Thank you 🙂
Most valuable and timely information. Was waiting for it for a very long time.
Very useful video for senior citizens, who did not plan properly about their investment after retirement. Thanks
Sir kya 15G or 15H ko submit karne ke liye koi income criteria hai like 5 lakh salery wala 15G or 15H submit nahi kar sakta ?
Dear sir,
Please reply
Senior citizen k liye best health insurance /best family health insurance. 🙏🙏🙏🙏🙏🙏
Thank you sir for wonderful video. Awaiting your detailed video on SWP
Very nice informations with clarity which can be very useful for seniors.
Thanks a lot 🙂
SCSS 5yr+3yr renew ke baad fir se scheme Kiya ja sakta Hain ya nahin?
How much amount can be invested in senior citizen savings schemes on jointly ?
After 5+3 yes . Can I do reinvest. If not what should do.
Pl can u tell me what will happen if the first holder in senior citizen savings scheme expires ? Then we will have to break the scheme, but what about the penalty ?
Scss mis NSC good for retired persons pl do no take market risk in share MF. This is my suggestion
In particular how to invest through online in SWP mutual fund for senior citizens. Name the service provider also.
Swp in sbi large & midcap fund?
Sir small finances bank m kya joint holders many Bane to kya ow safe rahe ga?
Emergency fund: Maximise your credit limit on your credit card (if you have good credit history) and use it as an emergency fund at hospitals. "Life saving, not Life style" is the motto for seniors.😅 This way you can use your funds for better monthly income generating plans
Why does the government not consider giving investors the option emergency funds for hospitalisation from your SCSS? They can give you an electronic card which can only be used at hospitals? After all it is your money? They can debit two percent additional interest on this loan if repaid within a year OR charge you a 1.5% penalty on principle if you are not able to service it as a loan?
Your views...
Life starts at 13 minutes where swp
surfaces, pls highlight the tax efficiency of same vis a vis bank fd’s etc. as even now after no ltcg indexation benefit, one can achieve
much higher cash flow @ Zero tax with safe debt funds giving around 7% ROI on a corpus of 3/5 crores in 20/25 yrs swp between self, spouse and huf maximising increasing @ 4-5% draw down per year basis inflation, depleting corpus to nil. No point in leaving back hard earned retirement cash for heirs, your house is enough🙏
U a r one sir in shape of God .Jai hind n ppranam- expect ur best solution for my problem sir.
Very well explained 👍👍
PLS through light on debt equity monthly return scheme 😊
Tax, TDS should be removed. And apply only one tax system which is mandatory for all.
For MIS, no need of Senior citizen required? Normal people can go for it?
Sir I m from raipur chhattisgarh mujhe suryoday small bank mein 500000 fd karna hai kya ye safe rahega online khulau account ya offline kya ye safe hai pls advise me sir pls
Thanks for the UA-cam post and sharing your advice
Sir sriram FD highly interests rate is it safety and we get monthly income monthly interest how we get
Thank you. Pl. make a detailed video on SWP at the earliest.
How can I find help investiong my house sale assets? My husband passed away last year and I'm not familiar with managing money. Any hlep would be greatly appreicated.
Thank you
Very good information. Sir I have a good corpus in PPF A/C. As the a/c is 25 yrs no minimum subscription required.
But my a/c is eligible for interest on my corpus. CAN I WITHDRAW SOME INTEREST PORTION MONTHLY OR YLY
TO SUPPLEMENT MY PENSION.
Pl advice.
Great Video. I am Sr Citizen. Thank you so much. Regards
Thanks for your consultation
Very nice video thanks 👍🏻
Most welcome 🙂
Really useful information for Sr Citizens
RESPECTED SIR, POST OFFICE ACCOUNT AND INVESTMENT SCHEME. KAI BARE MAI INFORMATION DENA
No mention regarding PMVVY
Aap scss to scss par bhi video banaye ji 8-2,% to 8-2,,perchent 5 year
Very important information given by you in very simple way. Thank you
Thanks and welcome
Very nice information given by you
Which bank is providing 9.95 interest
Sir very informative video. Thanks
Very informative 👍 thanks a lot.
Sir, yesterday I went to the SBI branch to extend SCSS which matured on 31st March but the official extended it at an iterest rate of only 8.0 % instead of 8.2%. Previously I was receiving @ 8.3%. The officer did not agree that the rate was hiked to 8.2%. What may be the reason sir? Please reply.
Extended account shall earn interest at the rate applicable on the date of maturity. On 31-Mar-23, rate of interest was 8%. That's why they are offering 8% interest.
SHARAD CHANDRA DHOLE , BHAI SAAB NAMASKAAR .
AAP KE JAISA MERA BHI HAI.
I FILED WRITTEN COMPLAIN
" DECEPTION / CHEATING WITH
SENIOR CITIZENS. " .
YOU CAN SEND DECEPTION / CHEATING TO SENIOR CITIZENS A
LEGAL NOTICE THROUGH ADVOCATE ." TO GRIEVANCES, REDRESSAL OFFICER OF THE BANK.
DHANYA VAAD.
Do we get interest on interest in SCSS?
What about SBI TAX SAVING FUND ?
Sir, you hv not mentioned PM Vayavandana Yogana of LIC.
This Scheme was available for sale upto 31st March, 2023.
@@PhronesisInvestorAcademy
*... is it (PM Vay Vandana Yojna of LIC) not now extended yet, please guide...*
You hv not discussed here on PMYC, WHY SO?
God bless U
Thanks for appraising the best investment plans for sr citizens with details eve considering risk factors
Waiting for SWP tutorial
Nicely explained
Excellent advices
Inbetween explain in English also
Nice video sir Thanks
SWP par jankari ke liye request hai
We have recently published a detailed video on SWP
Thanks sirji
Thanks sir
SCSS is fine.
Yes SCSS should be tax free
2020 का sr citizens account hai to उसमे भी इंटरेस्ट 8.1% मिलेगा. या नहीं
Ha. Bilkul.
Agar aap 1 % panalty bear kar sakte h tho 8.2 %milenga.
Old account close kare new account open kare.🤗😅😁
@@kunal1138 ऐसा नहीं है, मैंने आज ही पता कर लिया पोस्ट ऑफिस जाकर, इसमें every quterly मिलताहै इसलिए अब इस quterly से 8.1% ही आएगा
Scss ko tax free hona chahiye