How To Invest For Early Retirement | How to RETIRE in YOUR 30s | Finance With Sharan
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- čas přidán 3. 03. 2023
- When we hear the term retiring, we think of someone who is in their 60s, in an old age home, and not able to enjoy the money that they have worked so hard to gather.
Well you are wrong. Retiring doesn't have to be sad. In this video we talk about how you can retire early, how to invest your money so that you can retire early, and what to take care of after you have invested your money.
We talk about your FIRE number, asset allocation, sub asset allocation and much more.
My Course:
www.financewsharan.com/course
Connect with me:
Instagram: / financewithsharan
Facebook: / financewithsharan
LinkedIn: / sharanhegde95
Twitter: / financewsharan
#financewithsharan #finance #sharan
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
My job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
@@tatianastarcic This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?
Can't divulge much, Margaret Johnson Arndt is the advisor that oversees my portfolio. She's an extremely intelligent person, very thoughtful, cautious, and has an outstanding credentials, it's easy to find her on the web.
@@tatianastarcic This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.
50 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, " Deborah Jean Dykstra", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.
@@Natalieneptune469 >< Who's Deborah?
Thanks for the tip, in looked Deborah up out of curiosity and she seems so proficient, i wrote her a mail and i hope she responds soon
Can you teach me those rules?
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
My Financial adviser is ‘’'Natalie Lynn Fisk ’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
My original retirement plan was to retire at 40, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
Considering the increased complexity since the 2008 crash and COVID, I suggest diversifying your financial portfolio. I hired an advisor and successfully grew my portfolio by over $150K during this turbulent market using defensive strategies that protect and profit from market fluctuations.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@rebecca_burns14 My advisor is "Camille Alicia Garcia’’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for the tip. I took the time to google the individual you mentioned, and after reviewing her resume, it is evident that she is a seasoned professional. I have reached out to her and am eagerly awaiting her response.
I have approximately £120k in tech/TSLA companies in my portfolio; can you advise me on any additional stocks that I may acquire to diversify my reserve across many markets while constructing a complete portfolio allocation ?
Find stocks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a financial advisor.
I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years
Pls who is this coach that guides you? I’m in dire need of one
Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds
Everyone's situation is different. I am seeing lots of older people, like 70+ doing Uber and food delivery. It is so crazy to see many older people still having to work just to buy food, pay rent and majorly to meet their basic needs.. Dont want that to be me! I'm so concerned that the rising inflation may lead my entire $982k retirement funds to lose value. Where else could we put our cash?
Well, the fin market is a good bet, but it is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you want to focus on.
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $620K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.
@georgeh That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@tommymyershoffman I am guided by Heather Lee Larioni I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@georgeh This recommendation literally came at the right time, I’m down by $7k in stocks this week alone.. its crazy! I just looked up Heather online and researched her
The absence of stock investments has left me with a sense of remorse, albeit I'm appreciative of my decision to maintain funds in the money market. With roughly $200k nearing maturity, I'm gearing up to step into the stock market. Could you advise me on suitable stocks for a beginner looking to steadily increase their capital?
The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.
Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.
Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?
My chosen licensed advisor is Laurelyn Gross Pohlmeier. It is advisable to conduct research on her name to gather the relevant information needed to set up a meeting.
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
My wife and I were on different routes. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
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.
Kya pukh ke aya hai be
That numbers are in $
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.
As a soon retiree, keeping my 401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
Having an lnvestment advser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K so far, that made it clear there's more to the market that we avg joes don't know
@@Greghilton3 I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
I'm guided by “Vivian Carol Gioia” an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Sincerely, I'm genuinely moved by what you said about early retirement. And yes i equally agreed with you It's the FREEDOM from being able to make a conscious choice, each and every day, in terms of how you’re going to spend your time… I have about 40k that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.
My belief is that making a wise investment is a fantastic way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky. For this reason, I suggest consulting experts for advice (FA). The difficulty lies in effectively employing it, not just watching videos and reading investing books..
I try to see a financial coach before making any investment decisions because of this. I've been using one since the pandemic outbreak because their entire business strategy is based on trading long and short at the same time, employing profit-driven strategies and reducing risk as a safeguard against unavoidable downtrends. Furthermore, because they have access to insider information and analysis, it is practically impossible for them to perform poorly. I made over $2 million after nearly three years of training with a coach....
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 many freelance wealth managers you could check out. I have been working with ELEANOR ANNETTE ECKHAUS for years now, and she's made decent returns. If she meets your discretion, then you could go ahead....
Can u mention the consulting fees to?
Because of dividends, I first began investing in stocks. It's important, in my opinion, to be able to live off of dividends without selling if you invest and make other income in addition to payouts. It suggests that you may pass that down to your kids and give them a leg up in life. Over the years, I've invested over $600k in dividend stocks; I continue to buy more today and will keep doing so until the price drops even further.
Hearing from an experienced investor who has survived adversity and prevailed is always motivating. It may be frightening when your portfolio goes from green to red, but if you have invested in strong firms, you should maintain growing them and stick to your goal.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Helene Claire Johnson" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
80/20 Stocks Bonds 30 yo, November was good, struggle to put away 4% these days because of so many mid-life bills. I now make around 120k a year, My aim to make dividend returns as i work to retire early, but how do i achieve this?
its not late to consider financial planning, never can tell what the future holds
Money advice is subjective, what works for you may not work for me, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments
@@Shultz4334 Hey there, my retirement portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisr?
Yes indeed...Can't divulge much but 'Monica Selena Park' deserves credit for my investing success as one of the finest financial planners out there, you should look her up to be able to locate her online if you are internet-savvy.
I find this informative, just came across the page of Monica Selena Park after inputting her full name on my browser, she seems impeccable.. thanks for sharing!
My brother you are just making this content for that 1% of people who has 42k to invest every month on the other hand we came from those 99% of the people who struggle to make money for daily need and this is the actual reality of the world 🌎
Yes but u should never stop trying tho
Atleast this might inspire u to do something different
No bro, it wasn't meant for the 1%, don't misunderstand what he's saying.
He just gave his example of 42k for convenience nothing more.
There are many individuals who don't earn this much but surely can learn a lot about fire.
Yes bro
42k investment is for those who spend 50k per month. It will vary accordingly as per your monthly expense.
You altogether lost the fundamentals of this video. If you are making less you are spending less. You need to learn the fundamentals
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways.
@Trevor Ogden Such market uncertainties are the reason why I don't base my market judgments and decisions on hearsay and rumors, I got the best of myself in 2020 and it made me hold a worthless position in the market, I had to revamp my entire portfolio with the help of an advisor, before i started to see significant results in my portfolio, i have been using the same advisor and i have climbed $850k in 2 years, either a bull or bear market, both make good profits, it all depends on where you are looking.
@@CynthiaByrd648 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "JILL MARIE CARROLL" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@@CynthiaByrd648 I am going to look her up too, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management.
You’re correct! Working with a financial advisor who has worked in a solid financial firm for a long time, such as John will actually set you up for success in life. I'm delighted I was able to reach out to "John Desmond Heppolette" earlier this year because while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone, which is why it's always good to join the correct community.
That is why I work with John Desmond Heppolette, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made.
Indeed he really seem to know this stuff. I found his online-page when made a google search of his full names, read through his resume, educational background, qualifications and it was really impressive. I left him a note and booked a call session with him..
I've been making more than seven figures passively investing with John Desmond Heppolette, who showed me the right community to join and grow mv finances and I don't have to do much work. It doesn't matter if the market is crashing, I will always make returns.
Bought a good cross section of an economy, Built a diverse portfolio that i am attached to and keeps me motivated not following the crowd emotionally ,Sped up the process where possible:i use an FA, side hustle, reinvest, i do etf's, bonds, coins and stocks. After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, ever grateful to Emily Lois Parker. it’s like turning your notifications to earn more millions.
Go hard in your 20's. Your 30's+ will thank you tremendously.
I looked up Emily Lois Parker on the internet out of curiosity; she has a strong résumé.
Truly It's all about using assets with compound interest to amass riches.
@@ParishBlein i also work with Emily Lois Parker, since last year i invested $100k with her and made over 400k profit in less than 3 months
@@meredithelbert6608 impressive, that's why she's the best.
I watch several CZcams videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@@sojakia What is the name of your broker and how do i connect with him or her ?
@@rachealhubert74 Wow that was easy, i found her website and left a message for her . i hope she reply me. thanks.
@@Amelia-Elizabeth Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
Bro 6000 people are already part of the club that means each one paid 4999 which is 6000 x 4999=3cr, You have already achieved that Normal fire Including inflation being in mind.
😂
Amazing video! I currently make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
Spot on. The market presents different opportunities to create passive income, with the right skill and proper understanding you're good to go.
£84k/yr is awesome!. If you're interested in good options, consider exploring cryptø. They offer potential growth. Just make sure to do your research and tlk to a consultant
@@yung1448I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.
@@ameliaemerson2250I totally get you! Finding the right pro can be challenging. I partner with Olivia charlotte Oswald on various projects, I found her on the CBNC interview, looked her up and we began our awesome partnership.
@@yung1448Definitely grabbing this opportunity. Thanks so much, just found her webpage
one really good point you highlight is that money is an enabler to live life more effectively, you must start now(investing) but you should also know when to stop(and yield fruits), many people don't understand this
I wish I had people like you when I was in my 20s.. Because of the situation in my family, I was neither able to invest in anything nor was I able to enjoy my life. I have just started investing in my 40s and I hope I can achieve my goals in the next 10 years.
Fingers crossed
👍🏻
not just him.. YT should have been arnd as well!!
Me too sailing the same boat. Mistakenly took some PF money and spent on equity trading. .almost lost everything. Now more debts and no happiness. Hoping whatever left on investing, it might give something during retirement.
ABE USNE 5CR COURSE SELL KARKE BANA LEYE TU ABHI BHI 20 YEAR WALI BUCKCHODI KR RHA HAI BRO
@gilbert, interested to know, what are your goals as a person in your 40s?
Reached 10 percent of my financial goal and i am 28 . Bit by bit i will achieve that number 👍
When people married and have children then fire becomes ice
@@avinashsingh7275 😂😂😂
What do you do for living
@@avinashsingh7275 add to this... Emergency situation of health + parents care + you will have to buy home again in next 30 yrs.. If you buy flat ..instead of home on a land. Add to this..constantly trying to upskill to stay relevant for job security to sustain such lifestyle. A rat race continues. Where eventually the rat will have bad old age.
A situation like covid exposed all financial planning.
These finfluencers show such a simplistic view of the world.
Thank you Sharan for explaing this in a way that everyone understands, Good Job!
Great video Sharan! Most people don't know the math behind FIRE, while it's actually quite easy to understand. It's such an eye-openere to have a financial goal to work towards, that's probably closer than you think. I was financially free for a year without knowing it because I never run the numbers. Keep it coming!
Don't reach to him on g s WhatsApp.he cheated me in investing crypto for 35 lakhs in same way
Asset allocation of 1cr
*****************
1) 30% Equity fund ( 30lacs)
CAGR 14% to 22% :3 x ROI: 90lacs
2) 10% US Equity( 10lacs): 14% : 30lacs
3) 15% FD( 15lacs) :safe : emergency fund: 8% p.a not much
4)5% Gold bond( 5lacs) :safe: 10lacs max
5)5% crypto ( 5lacs) :High risk: High return: 5 x Returns: 25lacs
6)35% real estates( 35lacs) safe: 3 x REturns: 1cr +
Total 2.8cr possible with 1cr investment
finally the long form content we have been waiting for. Hope this becomes a regular feature
I mean it was kinda just a big ad for his product.
He says none of this matters unless you can rebalance your portfolio, which you can easily do with my tool ☠️.
No hate tho, man made a product and built a distribution network and now wants to reap some of the rewards.
This is one of the most educational video about investments that I have come across on the whole of the internet . Keep up this job, don't delete this video no matter what 🙏
hooked for 16 minutes. GOLDMINE of information.
hats off
For all those who are saying the country will collapse, no one in the right mind will stop working just because I am at what my goal 15 yrs. back ...i will revise my goals but peace at mind that in case of a calamity i can survive. Doesn't mean that I will stop working. I will continue to grow my earnings potential
Hello, Thanks for the Good Video. And all the Best to You.
I Retired in Finland 55. Now I am 58.
Later I want Retired in Thailand then I am 65.
In Thailand You need about 1500-2500€ / 30days , for Retired.
Finland and Thailand are Good Place to Retired.
Retired 4 You.
My man Sharan ..
When you said nifty went down 59% in 2008
So it means it went down from its lifetime high , it doesn't mean me as an investor,
My portfolio will get down by 59% as i would have been investing since 2 or 3 or 5 years .
So my average portfolio might get down by 30% for say . It depends on how much i invested at which nifty level .
So i still feel equity investment is best
You're my go to person for finance education (i am from Biology Background 🙂) Please post videos more frequently and keep doing what you are doing. following my man.....
I am hooked and shook in every way possible thankss Mann...!!!!! for showing me something which is not taught in the video but I truly understood 👍🏻
Thank-you so much Sharan!
For now i understood:
1. Increase skills and get more salary doing most valuable jobs only.
2. Decrease expenses.
3. get Swipe-in FD 1st for safety liquidity.
4. Save for few years and get a small land outside of fast expanding city. (later use for making house or sell to get bigger flat).....repeat this same...and **get independence** after selling them.(10years wait)...Else,
5. Do any business if interested. Else, any high paying job (even 40LPA) won't make **you independent until you are old** to die.
I do nothing mentioned in this video but I can still retire and just live off my savings. I only put my money in government backed deposits.
Don't marry, live in your own place to save on rent, buy the best health insurance you can afford as early as possible, Travel in public transport, Excercise regularly and learn to cook really well to reduce the urge of eating outside. Doing these things will automatically reduce your expenses.
Things mentioned in this video are for those people who are talented enough to understand these things. Those people are smart enough to find work at any given point of time in their lives and will rarely have any financial crisis.
I made the mistake of marrying. Whats worse is we had twins.
You opened my eyes to many things ... All the best with your future endeavours!
i want to retire to keep running my design agency and not worry about doing a dayjob for money
I recently got into the CZcams financial niche, and I’ve taken a deep dive into investing. Particularly, stock investments as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress with the help of a pro. Back to the video, wonderful job there.
@Akina M OtienoFor me, as someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of an astute financial advisor, Herman W Jonas, I’ve gotten into stocks and fx, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio.
That idea is applicable in all aspects of life. With experienced hands, you generally, get things done more efficiently. Smart people know this already.
I have a different issue as I’ve been watching several videos on investing and still taking huge losses. Can sir Herman assist me?
I have paid off my mortgage, and have enough saved in my emergency fund before hitting 40 next month. And by God’s Grace I invested two-third of my salary in stocks, ETF, and bonds. Over time my investments have yielded a little over $92k with Sir Jonas’ help. Looking at building a robust retirement in 2 to 3 years time.
@@theindianmerchant2860Oh, thanks for pointing out this especially as I usually skip past these because they usually sound generic. Is there a lead I can reach him through?
Rich dad poor dad novel has same things and thank you sharan for elaborating it
I was doing this already, but now I have a name for it. Normal Fire.
How to retire in your 30s is a joke,in India by the time you get a decent paying job you'll be in your 30s,this advice is for the exceptional cases that account to pretty low amount of people in India.
True
When ur job is ur passion,no need to retire
Please make a video on how to retire at the age of 15. Thank you
Bro i retired at the age of 3
I overcame debt, started a business, and now live comfortably.
Thank you so much...All are new and valuable concepts for a middle classer like me😊
Valuable content, also great work to the video editor!
ReachMe🆙✓✓
I listened to this video in 1.5x but it is clearly understandable.. good one..
Nice video with more information.
Thank You Very Much
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Joyce Wooldridge the lady you recommended.....
I always wanted to trade for a long time but the volatility price has been confusing.
That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.
No doubt!! I never knew Joyce Wooldridge had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
That woman totally changed my life for good. I have come across individuals but non is as honest as she is. So surprise you know her too.
Please i'm new to this, how can i get her assistance?
thanks for the knowledge
ತುಂಬಾ ಧನ್ಯವಾದಗಳು ಉಪ ಯುಕ್ತ ಮಾಹಿತಿ 🎉❤
Grt video bro .
Dekh k i realised that there is finally some purpose of life 😂. Else we keep on working..don't know for what and till when 😅
As a finance professional myself. There's another asset class which not a lot of people know. I myself am a manager of such an asset class. But is only available for HNI's and UHNI's. Retail people and middle class people are totally unaware of such things and remain out of the rich box all their life.
What's that?
Hedge funds?
Don't know why even there is an excellent teacher of finance like you...all these topics will not go to my mind inspite I try to learn them so am very much unhappy that I don't understand finance and so it's not my cup of tea😕
a true eye opener !!!
Man now i am nervous my portfolio is like
35% Sectoral
35% Bluechip Equity
15% Crypto
15% Debt
Let’s see what happens ill keep the % same for next 10years
Please make the next video on living on 15k because it's the amount we Indians credited in our bank account
Man you have to make more of these videos 🙏🏼
bro am 27 like u.. this is GOALS for me now...
Nice Content Sharan,
A Piece of Advice, please reduce Music & Graphics/Animation a bit , somehow it is too distracting.
Wrong things being said. Never think to retire. Keep working till you have strength in you. These feel good videos which are not time tested are only beneficial for content creators. Don’t get stuck by FOMO- fear of missing out.
Why not think to retire.. I think you own a business that’s why you think like this,
Every salary class want to retire and live peacefully
Finally someone makes sense. Thank you!
I want to retire and go on vacations
This is what exactly i have been thinking
Good, informative video, which is a real eye opener. Thanks for sharing.
Bro do more videos like this🔥
I’d be retiring or working less in 8 years, and considering this financial recession, I’m deciding to begin taking up skilled trades. I’m curious to know best how people spilt their pay, how much of it goes into savings, spendings or investments, I earn about $140k per year but nothing to show for it yet.
You should contribute to your retirement diligently, or better still look into financial planning don’t come to CZcams for advise, consult a financial firm about your situation 😊
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time…. I’m 57 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once I consulted an advisory firm to match me with a planner to stay afloat and with subsequent investments, I’m only 15% short of $1m as of today.
This is huge, would love to grow my reserve regardless of the economy situation, my 401k has lost accrued since early 2019, at this point, I’m in need of guidance, can you point me?
*NELSON MAYNARD FISHER*, really smart guy with a contemporary approach to the market and a warm personality.
As I was an accountant I vouch for his services, research if you care for supervision
Hi Sharan, this is way helpfull, having said that, many people are telling about investment now a days, but its really hard to identify the right platform / partner who will guide to do the investment, that is Asset Allocation and track the investments, especially the person like me who is not from finance background. Suggest to do a video on that. we are hearing many fintech apps now a days where we can quickly invest but who will guide me the where to invest and how to diversify etc.
nice video
i wish i could get all this before 7 years whenni started my career
Thank you sharan for great informative session.
i will definitely plan for my normal fire soon😊
7000(people brought his course)* 5000 (course fees) = 3.5 cr revenue from that course. Net profit I am assuming 30 percentage(1cr) directly to him for all the hardwork and smartwork he did to create the personal brand. Soon reach your fat fire 🔥 bro and also beyond that. Let me know if the numbers I made up are correct or not 😂
He did not do that in a single day, he was consistent and he is providing content that schools make you feel bored, If they ever do some financial advise in school.
He is right about everything a smart person should always manage money to live life.
He has made his passion to knowledge and shared his knowledge for us to get ready for the future.
That 5000 can change anyones life whether you earn 10k a month or 2 CR a month.
I am hoping to meet him some day because I have something bigger in my mind.
Kudos Sharon you are doing great.
I create Iwish RD for Rs 6000 every month .It is. debited every 14 days.After a year renew it again to Rs 1 lakh RD.After 3 years put in a FD and reinvest the returns in a debt Mutual Fund.This is easiest for low income group.Sharan talks about Rs 42000 per month which is only for the 1 to 2 lakh income group.Income levels are down,even saving 1000 per month is impossible for many.Sharan please discuss savings for low income group and not for super rich class.
I agree with you .For someone it is even difficult to save 1000 a month.
This Man deserves my Gratitude. 💌
Crazy efforts sharan...🙏🙏
Next video how to retire immediately after schooling
I started learning how to invest properly before retirement because frankly speaking, the monthly pension money can’t take care of all my bills, and I’m super glad the decision is paying off. Currently I’m holding and investing in multiple profitable assets like stocks, cryptos, REITS, and I also utilize a proper managerial process to make the most profits from my investments.
Diversification is definitely key, a lot of people think having an account where you put money aside on a monthly basis is actually investing, but they don't know that that is just saving!
Investing means long term, it means exposing your funds into different asset classes and not just cash but rather inflation beating asset classes. It's a process and it takes patience.
@@Malik-mp9zk A lot of discipline and patience too. it's not actually easy
Hello. On an average, how much does your portfolio make you? My husband and I have been investing for a while, but Finding a management plan that for investments has been our biggest challenge for us, so how did you get it right in that aspect?
On an average I’m currently earning 10,000$ weekly profits from our portfolio, but you should know that the amount you invest has a role to play too in the kind of profit margin you’ll be realizing.
I don't do my investment management alone, I’ve been intentional in terms of that, my financial advisor; William Stanley PJ handles my investment management, and he has been very valuable to my investment growth over the years.
Very useful knowledge brother❤️❤️🙏
Fire Subject liked lot and brought my fireout
I would advice people in twenties to plz plz focus on earning god package and getting Good job and degree. Bcz if you failed in 20s then it would take a hell lot of effort to recover. Rest is your wish and your life. Thanks.
Very good advise. I wasted my 20s in side gigs, passive income instead of focussing my studies. Now struggling with low package and rejections.
>>
Please provide the information for your investment advisor here. I really need it now
I don't have *telegram* I will download one and write to him
Love this.
Excellent video.thanku sharan.in india giving property and money to kids is the biggest mistake parents are doing compromising their health.kids will do hardwork and they can plan their early retirement,parents should not work hard for 60yrs just to give mny to kids it is big mistake as today living 70yrs also difficult.retire at 45 or 50yrs atleast best.
how to retire before 20? i am 15
Get into Politics
i am in 3rd year eng when i will get job i for sure will join this guy's 1% club . this guy is a legend
According to this guy Sharan, you should retire in your 20s.
So after you get your eng degree, just retire.
@@pushkarerande123 😆that's not the deal bro , this guy explains the concept doesn't mean it applies to all and that all can't be even financially independent at this age ( like me ). But those who can achieve it or already has should follow strategic ways so that money is not wasted 🙂.
@@soumojitghatak8804 by buying his course you will help him retire earlier than you 😀you got the idea. Create a course and sell it is the secret 😂
@@aa33366 ok bro atleast my money and time won't be wasted 🙂 I hope cuz I really trust this guy.
@@soumojitghatak8804
Here is a formula I use:
50%(Fixed Costs)
10%(Guilt-Free Spending)
30%(Investing)
10%(Savings)
Let's say I earn Rs 50K per month after taxes from my source(s) of income:
50% of Rs50K = Rs25K will be for fixed costs like rent, food, internet, etc.
10% of Rs50K = Rs5K will be for whatever I want, e.g., buy a new pair of shoes.
30% of Rs50K = Rs15K will be for investment. This should be automatic. It will go into ETF/Index funds.
10% of Rs50K = Rs5K will be into my savings account
Keep it simple :)
I'm 17 idk why but i watch all his vids and shorts and stories
Thank you very very useful
Great job! I find this channel a good help in understanding the unique problems facing we individuals, I wish they taught me this in college. As a beginner I was scared of losing my savings, you've helped me a lot Vilma Kim. Imagine investing $2000 and receiving $8,600.
Am also a living testimony of Vilma's investment, her team management is the best for newbies. with my invested $1000 I made returns of $4,300, coin investment is indeed profitabIe.
ok i have a doubt
u said to invest 42k montly and increase it 10% every year for 13 yrs to get 2.3crs right
but its not like every1 is gonna get 10% increment every year right
Best and simple explanation till date
This great bro. Invest rather than spending
Great job bro
But
Real fact: Indian economy take young people average 60cr members
Your video watch 1m means 10lak 70 % only just watch remaining 20%investing in nibba companys and remaining 5%invest good companies but they not hold long period soo your hard work is reach in only 5% these people's are success defination 🎉🙌
ReachMe🆙✓✓🙌
Start today, reap tomorrow. Every small investment is a step towards your mountain of dreams. Keep this in mind as you embark on your investment journey. Every step counts!
Earning effectively is all about making smart investment choices and committing your resources to legitimate and secure platforms. It's crucial to do thorough research and due diligence before diving in.
Meet Tyler Dav FX: a seasoned trader and trusted advisor whose keen market insights and strategic foresight have consistently outpaced the trends. Tyler Dav FX extensive experience and disciplined approach to trading have not only yielded impressive returns but also earned the unwavering trust of his clients.
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@@DannyPlechaty Sure!. His expertise truly shines when you look at the results. Within just two weeks, his strategic recommendations and timely insights allowed me to earn an astonishing $73,400.
Same here, I started with $35,000 now earning $128,300 bi-weekly profits with his trading program. He's really amazing.
One of the best video i ever seen
Wow!!!
Really great video.
I'm wondering how are you calculating this stuff can you please make an video how to actually calculate inflation after x year.
Assuming x% return in y years what exact amount we need to invest per month like wise...
Please make video on this or share a resource where we can learn this 🙃🙏
Investing at a young age is beneficial because it allows for the power of compounding,, which Einstein famously referred to as the 8th wonder of the world, to slowly accumulate wealth over time. Waiting for the perfect time to invest is futile since age is a non-renewable resource.
PPF+EPF+SIP = RETIREMENT
Go do the 9-5 bro 😂
Stop watching this type of video
@@rishi67 go sell your house and put all the money in crypto and stock and be bankrupt odia bro 😂
You are awesome brother. Eye opener 🤩
Without watching the video I will tell that it's so simple and i.e earn more and more money and retire in your 30s. 💯
Hi bro... The cost of the course is 5000/- p.a...
Could you please make it 417/- p.m..? So that I could easily afford it...
ReachMe🆙✓✓
After some years :
CZcamsrs like Sharan : "If you are BORN, RETIRE!!!" LOL :)
Sharan, just coz you got money early, doesn't mean everybody gets so much money at early age to retire early.
CZcamsrs like Sharan, Akshat, do not reveal how much money they have inherited from their parents.
Check that.