How to make your money work hard for you. Monika Halan talks about her new book Let's Talk Money. #BQLive Read more: goo.gl/MbfNUK Subscribe to BloombergQuint on WhatsApp: goo.gl/NX4KDz
Such a high quality Financial talk, and especially it is more attractive when women discuss about money in so much depth, I've finished reading this book yesterday, and I couldn't thank myself enough for implementing each and every aspect of the book even before reading it, every page I read I felt proud of myself for not committing a single money mistake and started early on with Financial Journey with a Healthy and Practical approach while staying Grounded always.
I have heard the whole book over audible and i really wished that the part of this book should be available in our degree courses. I really thank @monika halan for sharing her experience in the book.
You can always come back to this book while making your purchase decisions of Insurance, MF, Goals asset allocation, especially Health Insurance in detail.
I'LL HELP 20 PEOPLE TO EARN $10,000 IN 5 HOURS, BUT YOU WILL PROMISE TO PAY ME 10% OF YOUR PROFIT WHEN YOU RECEIVE IT. Join the channel Wa..me/+1(872)4008302 WhatsApp. Com WhatsApp messenger: more than Billion people in 180 country use WhatsApp to stay in touch with friends and family, anytime and anywhere. WhatsApp is free and offers simply, secure, reliable messaging and calling, available on on phones all over the world
I think we should have atleast 3 must products for every individuals like... a term insurnace a health insurance a MF which has a proven track record of 10+ years Beyond the above 3 products if u do more planning it will paralyze your planing and thoughts and make the game of savings a more complex process...because most of the time we all faces money crunch and if u r lucky enough to have more savings then u r in a position to do more financial allocation n planning, because even a small SIP amount of 1000/= a month can generate a good return in 20 years with a CAGR of 15%, Asian paints, TCS, Infosys, HDFC bank, HDFC Ltd, Bajaj Finance, Bajaj finserv, Reliance, Wipro, HUL, Nestlé, SBI bank, ICICI bank, Kotak bank, Eicher, MRF, Titan, Maruti are some of the best examples
I don't agree with the idea of living in a rented flat. Money paid as rent is dead money. And the rents are revised every 11 months. Sometimes shifting of accommodation is necessary because of this which includes extra expenses.
Still majority people of India invest in LIC, only city centric go for market driven investments. Prefer to invest in physical assets rather in virtual assest( market).
Insurance mis-selling! 1. Huge single premium policies out of fortunes like sale of property or likes. 2. Selling regular premium policies as Recurring deposit. 3. Selling single premium policies as fixed deposit. 4. Selling ULIP saying it will give fixed returns. 5. Selling policies with huge commission promising unrealistic return. IRDA should consider banning Insurance+Investment products.
The overdiversification becomes the headwind to better returns. Each MF has a range of around 50-200 stocks in the portfolio. So, when you are buying several MFs you are actually buying the entire index. Hence the possibility of your portfolio beating the index becomes bleak with every extra fund you add.
I know nobody will here this. But still I'm putting it here. U 2 are here confirming that indian govt has knowingly been licensing these companies to make people fool?
Such a high quality Financial talk, and especially it is more attractive when women discuss about money in so much depth, I've finished reading this book yesterday, and I couldn't thank myself enough for implementing each and every aspect of the book even before reading it, every page I read I felt proud of myself for not committing a single money mistake and started early on with Financial Journey with a Healthy and Practical approach while staying Grounded always.
Financial Literacy topic needed to be taught to school kids to make a Aware Generation.
InstaBlaster...
I have heard the whole book over audible and i really wished that the part of this book should be available in our degree courses. I really thank @monika halan for sharing her experience in the book.
It was a plesure to hear the conversation. They speak so fluently, as if they glide. Amazing ! Thanks a lot !
No of views is sad for such a golden video
Great interview sofar ever seen in Bloomberg Quint.
Thanks to MoneyTalk book author and anker as well.
Very innovative ideas for managing funds. Thank you Mam
Thanks.
The book is a must read for everyone. You can take notes and make up a plan for yourself.
Reading this book, very well explained and simple for anyone to understand basic investment. Thank you Ma'am
Thank you so much for this interview!
Amazing information please have her on again on a regular basis
Your pod cast in an eye opener.
Stairway to paisa..!@ thank you so much monika halan.
I am 18 year old and I pic this book for just getting financial learning so is it a good decision or not
Please go ahead This is very good financial book everyone should go through
Read it more than once if needed
You can always come back to this book while making your purchase decisions of Insurance, MF, Goals asset allocation, especially Health Insurance in detail.
House gives us a peace of mind. one must have one house and remaining into different Digital assets.
An eye opening show
Wow!! This has open my mind....I m ordering this book right now
eega
This was her strategy to sell book and earn money..
And do you know income received from royalty is tax free
Download pdf instead and save money
I'LL HELP 20 PEOPLE TO EARN $10,000 IN 5 HOURS, BUT YOU WILL PROMISE TO PAY ME 10% OF YOUR PROFIT WHEN YOU RECEIVE IT. Join the channel
Wa..me/+1(872)4008302
WhatsApp. Com
WhatsApp messenger: more than
Billion people in 180 country use WhatsApp to stay in touch with friends and family, anytime and anywhere. WhatsApp is free and offers simply, secure, reliable messaging and calling, available on on phones all over the world
Great interview!
Got great insight. Thanks BQ
Education in money matter especially for young ones is absolute necessity. This talk gives nitty-gritty of the investment. Good thing.
V nice interview, will get a copy of your book
Really appreciable. Very good and informative.
Great perspective 👍🙏
I think we should have atleast 3 must products for every individuals like...
a term insurnace
a health insurance
a MF which has a proven track record of 10+ years
Beyond the above 3 products if u do more planning it will paralyze your planing and thoughts and make the game of savings a more complex process...because most of the time we all faces money crunch and if u r lucky enough to have more savings then u r in a position to do more financial allocation n planning, because even a small SIP amount of 1000/= a month can generate a good return in 20 years with a CAGR of 15%, Asian paints, TCS, Infosys, HDFC bank, HDFC Ltd, Bajaj Finance, Bajaj finserv, Reliance, Wipro, HUL, Nestlé, SBI bank, ICICI bank, Kotak bank, Eicher, MRF, Titan, Maruti are some of the best examples
ha Good one! :)
A real eye opener...
I g
I am reading. Eye Opener
I am still ignorant how to plan money and where
Nice Book
Great
The book is good for beginners
I don't agree with the idea of living in a rented flat. Money paid as rent is dead money. And the rents are revised every 11 months. Sometimes shifting of accommodation is necessary because of this which includes extra expenses.
Where can I get this book? Want to read it.
good
Still majority people of India invest in LIC, only city centric go for market driven investments.
Prefer to invest in physical assets rather in virtual assest( market).
Insurance mis-selling!
1. Huge single premium policies out of fortunes like sale of property or likes.
2. Selling regular premium policies as Recurring deposit.
3. Selling single premium policies as fixed deposit.
4. Selling ULIP saying it will give fixed returns.
5. Selling policies with huge commission promising unrealistic return.
IRDA should consider banning Insurance+Investment products.
Mam Hindi mein mil sekti hai apki lecture!
Madam pl make it clear how investing in more than two funds under each category of MF are subject to poor returns even though diversified.
The overdiversification becomes the headwind to better returns. Each MF has a range of around 50-200 stocks in the portfolio. So, when you are buying several MFs you are actually buying the entire index. Hence the possibility of your portfolio beating the index becomes bleak with every extra fund you add.
I know nobody will here this. But still I'm putting it here. U 2 are here confirming that indian govt has knowingly been licensing these companies to make people fool?
And sebi and likes are watching helplessly or they have something to hide?
Man can I your lecture in Hindi!
Where can I get this book? Want to read it.
Amazon