Many people buy a house with home loan in their 20's after their first job. According to me it's a very bad decision. Long term wealth k liye stay away from debt is the only principle. Always try to survive your life below your means so that you can manage in tough times also. If something is adding value to your life then buy it but that should not be a mental pressure.
yes sir kindly upload more videos like this where we get to know practical pov, in next video you could explain your perspective towards cars also, because everyone has termed them as "depreciating assets", please enlighten on the experience it gives
Sir my thinking is also aligned with you in the aspect that we should not buy home in Tier 1 city because it is already highly priced and in Tier 2 city their is a scope of development which shoots up the price of your land.. But problem in Bihar is that if you are not strong enough your land will be ceased and your renter will take over your home😂😂
Sir please request h aapse investment in real estate pe bhi guide kariye dusre video dekh ke demotivate ho gya mujhe ki rent bharo khush but aapne khud ke Ghar se jo emotional connection hota h bahut kam log samajh sakte h
Sir please make videos on investments and ye video and point covered was the real aspects of living life and thinking of "khali haath aaye the khali haath jaayege"
Excellent Advise and I totally agree with you. In India I believe Real Estate returns will beat stocks any day. Because population is ever growing in India.
Who are negative about house..tell me one legend invester or rich person who does not own a house ? Muje hmesha se wrong feeling ate the youtube videos or people se who always say negative to buy a house..
Same happened with me , when I was planning to buy a house I watched some videos and I was like should I be in rented house for life ? I told my self Big Nooooo
@@CAKapilGoyal Sir you are in business category so you have a fixed work location but the one who are in job,they will switch often until they get right package or their dream company so they cannot buy a house till then & most of the times they are the one who buy house when they are retired. And a job class person is not that rich & cannot pay the entire amount at once so for whole life he got a burden on his head. And burden differs when you are in business.
SUCH HONEST ADVICE SIR ✨🙏 THIS IS WHAT MAKES U DIFFERENT FROM OTHER TEACHERS 🙏🙏🙏❤️ WE WANT MORE SUCH VIDEOS THE CONTENT OF WHICH IS NOT PROVIDED BY OTHER CA TEACHERS 🙏🙏
According to me, a house ( in good location ) gives 3 times more return then that of equity, MF, gold, etc... If we talk about long term ( 10 yrs or more ).
Sir pls also make video on career options after CA - I have done my articleship from big 4 in audit department but what I feel is audit has now became more of documentation rather than what required to be checked.
I don't think so. It depends on client basis. I am currently doing my articleship from Big 4. In my second year. If you are taking a lower risk with control reliance approach, with a very high materiality then MAYBE the senior may encourage you to close some TODs with documentation, but what goes in the face of financials, everything is well tested substantively. Now, if the client is a Bank/NBFC or risk category is Higher Risk Or no reliance on controls, then I don't think that there is mere documentation. If this is happening, then R. I. P. I pray your file doesn't gets picked up for practice review or peer review.
Exactly. That's not so easy. Atleast in our firms as, there's lot of layers of review before PPMD signs off. Because they also fear, that they will not be able to manage during audit file review.
Sir kindly make a video regarding how to select a particular area or society or piece of land and how to anticipate whether there will be capital appreciation or not
CZcams par first video mili hai jisme itni sahi advice mili hai. Otherwise sabhi videos m toh ye bolte rehte hain ki ghar kabhi buy nhi krna chahiye. And mera humesha se yhi perception rhta tha ki ese hi rahenge toh fir hum aaye hi kyun hain iss duniya m, kyun itna paisa kamaa rhe hain, paisa kamaa rhe hain toh life ko enjoy krna bhi sikhna chahiye… na ki bas financial management wali videos dekhkar unke bataye hue decisions lena!! Such a nice video Sir 😊 Thanks for giving us a true advice 😇 And yes sir, we want more such videos on practical life!
i agree with ur view sir...many finance influencer i think they see another video and upload ....inshort they are not yt influencer they are just doing copy
If you dont buy your dream house and keep on investing then the fund manager will earn more and he'd buy your dream house. This is a fact you can't ignore and never highlighted.
Sir . My income is 7.00 lacs . Previous year I transferred 20.lacs money from credit card to any third party app and then same money is transferred app to credit card for rotation of money . In which i earned rs 30 thousand cashback . In AIS it is showing that I made the payment of credit card stf 06 amount rs 20. Lacs I had proff of credit card statement and third party app for rotation of money.. I e card to app and app to credit card. Please suggest in future I will get the notice and steps to reply that notice . Also suggest for future . I had to stop or doing same Kindly reply sir... It is very imp topic make video on this topic also sir
My below comment is true, But Kapil sir is right about his realestate investment. Old comment:- This house is in experion windchants. This house (even if 4bhk) can not be of 12 cr. The flats starts from 3 cr. This house can be maximum of ₹5 cr. I like your teaching style a lot, but dont sell lies.
Have you watched full video - listen carefully I told in video that my real estate investment is 12 cr. Yaar kuch bhi samaz liya kuch bhi type kar diya. Ache se suno and samzo. Baki tumne rate ka research sahi kiya hai bas video sahi se nahi dekha
With all due respect i might be wrong but sir i disagree with you I wish you have seen ankur warikoo video on buy or rent a house I got that point ki aap ghar ko sell ker sakty ho baad mai but sir Its property its not gold ki hum ja k bech de aur koi kharid le It obviously will take time (I have no experience of life like you i am just a student who is studying inter & want to improve or take better decisions for his future)
Finance k gyan dene wale to even ye bi bolte h ki furniture bi mat buy kro..wo bi rent pr le aao..are bhai hum company ka finance dekhe..ya khud ka dekhe..all time bas ye hi sochte raho ki usko buy krna h usko nhi krna..uska rent pay krna etc.bla.bla bla.. Faltu h sab. Btw Congratulations Kapil Sir for taking initiative on these matter.. otherwise ye finance wale to pagal kar denge
Sir property ma liquidity nhi hoti hai jada ....agar hame kabhi emergency ma paesa ki jrorat padti hai to ham ghr sell kar de ek dum esa nhi ho pata hai...aur agar hamne koi dhund bhi liya 1 - 2 purchase karna vala .... to bhi unko pta hota hai ki hmari majburi hai to vo us chije ka fayada uthata hai aur kam pr sell karna padta hai hame...market price se ... Plus sir ghr kharidna ma hi bhaut dikat hoti hai...paper work trah trah ke ...sir aap big city ma rheto ho...3rd tier cities ma bhaut dikat hoti hai isse related ...kuch n kuch gadbad mil hi jati hai ...kisi ka land ka kuch gadbad hota hai kisi ka kuch ... Plus rent pr dena ghr ko ....usme bhi fir agar jisko rent pr diya aur usne capture ( kabja ) kar liya ghr ko to aur dikat...churana itna asan nhi hota ..court case hota hai ..usme bhi court case ke kitni jldi decision ata hai ye to sir aapko bhi pta hai aur jisko bhi rent pr deta hai vo ghr ka itna bura haal kar deta hai...ki bad ma uske chor ke jana pr dusra ko dena se phela bhaut karcha krana padta hai thik karna ma hi...vrna dwara rent pr nhi chadega
to all your question my answer is - we have to maintain liquidity thats why I told use 20% of your monthly income as EMI and my overall opinion in this video is when you can afford house at that time you should buy it.
Hello Sir. Great Video, very informative. I have some points to make:- 1. You said market crashed and gave less returns. Which is true but investment in equity should be long term, short term crashes won't affect long term returns. 2. You said Real Estate can give as good returns as shares and other investment. I don't quite think that is true in general. A great video and I agree overall with what you said but with these 2 points, it looked as if you want others to make the right decision but you were ok with compromising with a bit of facts, which I think is wrong. Also, one way to invest in real estate without having large income to buy a standalone property are REIT's (Real Estate Investment Trusts). You can buy their shares and they buy properties and earn rent using that capital and pay you a share of rent in the form of dividends. A great article on Rent vs Buy is available of Zerodha Varsity.
Your points are good , I also do detail research while I invest my money. I uploaded this video because on CZcams all the videos suggest don’t buy home and this is completely not true
@@CAKapilGoyal Sir the person who has invested in shares in 2020,the same share has fetched him twice or thrice income in this year. A very nice example is tata motors I purchased it at ₹70 and sold it at ₹500
Please watch full videos and let me know if you want to watch more videos on real life with a practical view not only financial matter.
Waiting for more video's like this sir
Yes sir we all want to aware of practical view on real life .... thank you so much for this video .....
SIR HOUSE TOUR K UPAR EK VIDEO BANTA HAII !!!!
@@jaaayyyy WILL DO IT SOON.
Offcourse Dear sir
Please keep uploading such videos like cars, house, net worth etc .
Very Practical Advice sir ⚡️ I can totally relate with this because I think the same way and I keep advising people the same!
Exactly sir
I'm in CA final right now sir , my first goal is purchase house after CA on my mom name
Sapne dekh bchhu
Bhai apko kithne attempts lage the
@@vijay.v1157 my 1st attempt in nov 23 actually it is may 23 only but i postponed to nov 23
@@kunchapugovardhan8254 how was ur exam
Same bhaiyaa 😊
Own House is not only a necessity but an Emotion!!
we want this type of videos from our Audit sir, we love it.
Many people buy a house with home loan in their 20's after their first job.
According to me it's a very bad decision. Long term wealth k liye stay away from debt is the only principle.
Always try to survive your life below your means so that you can manage in tough times also. If something is adding value to your life then buy it but that should not be a mental pressure.
yes sir kindly upload more videos like this where we get to know practical pov, in next video you could explain your perspective towards cars also, because everyone has termed them as "depreciating assets", please enlighten on the experience it gives
Sir my thinking is also aligned with you in the aspect that we should not buy home in Tier 1 city because it is already highly priced and in Tier 2 city their is a scope of development which shoots up the price of your land.. But problem in Bihar is that if you are not strong enough your land will be ceased and your renter will take over your home😂😂
Truly relatable 😅
Very true. I am also from bihar
Thanks for sharing the price openly as people don't tend to disclose it and also for broadening my perspective on this matter.
Sir please request h aapse investment in real estate pe bhi guide kariye dusre video dekh ke demotivate ho gya mujhe ki rent bharo khush but aapne khud ke Ghar se jo emotional connection hota h bahut kam log samajh sakte h
Great achievement❤. A house is a safety of family
Sir please make videos on investments and ye video and point covered was the real aspects of living life and thinking of "khali haath aaye the khali haath jaayege"
Excellent Advise and I totally agree with you. In India I believe Real Estate returns will beat stocks any day.
Because population is ever growing in India.
Who are negative about house..tell me one legend invester or rich person who does not own a house ? Muje hmesha se wrong feeling ate the youtube videos or people se who always say negative to buy a house..
Same happened with me , when I was planning to buy a house I watched some videos and I was like should I be in rented house for life ? I told my self Big Nooooo
@@CAKapilGoyal Sir you are in business category so you have a fixed work location but the one who are in job,they will switch often until they get right package or their dream company so they cannot buy a house till then & most of the times they are the one who buy house when they are retired.
And a job class person is not that rich & cannot pay the entire amount at once so for whole life he got a burden on his head.
And burden differs when you are in business.
SUCH HONEST ADVICE SIR ✨🙏 THIS IS WHAT MAKES U DIFFERENT FROM OTHER TEACHERS 🙏🙏🙏❤️
WE WANT MORE SUCH VIDEOS THE CONTENT OF WHICH IS NOT PROVIDED BY OTHER CA TEACHERS 🙏🙏
I completely agree with you sir 👍🏻
Sir u are great i must say kapil sir is so practical and know the real struggles of middle class person 😌
According to me, a house ( in good location ) gives 3 times more return then that of equity, MF, gold, etc... If we talk about long term ( 10 yrs or more ).
such a great content sir
❤❤❤❤
More of this video will be appreciated .... This would come only out of life experiences
lucky to hear this ❤
Congratulation Sir 😊 🎉🎉 Hope You Archive More & More In Your Life
Congratulations sir🙏🎉
Sir apne mera sabse bda doubt solve kardiya ghar ko lekar thankyou 👍🙏
Sir, Depreciation required to considered for building.
I agree to you sir
In YT people only give generalise advise,
they only consider finance, but not the life
I liked this because I always have the same things " I don't like rented things"
Much needed video sir ..! Kudos to you
Sir, the floor system in ncr.. What do you think about it.. ?
Kapil ji, Congrats and good job! make these kind of videos for general audience. 😀
Sir, if main EMI mei house purchase karta hoon , by the time during payment of EMI mei second party ko as rent mei de sakta hoon kya?
Sir pls also make video on career options after CA -
I have done my articleship from big 4 in audit department but what I feel is audit has now became more of documentation rather than what required to be checked.
WILL MAKE VIDEO ON THIS.
I don't think so. It depends on client basis. I am currently doing my articleship from Big 4. In my second year. If you are taking a lower risk with control reliance approach, with a very high materiality then MAYBE the senior may encourage you to close some TODs with documentation, but what goes in the face of financials, everything is well tested substantively. Now, if the client is a Bank/NBFC or risk category is Higher Risk Or no reliance on controls, then I don't think that there is mere documentation. If this is happening, then R. I. P. I pray your file doesn't gets picked up for practice review or peer review.
@@mohitagarwal9610 if someone is doing only documentation that means they are not doing audit. They is just copy carry forward last year work papers.
Exactly. That's not so easy. Atleast in our firms as, there's lot of layers of review before PPMD signs off. Because they also fear, that they will not be able to manage during audit file review.
@@CAKapilGoyal **they are
Sir kindly make a video regarding how to select a particular area or society or piece of land and how to anticipate whether there will be capital appreciation or not
Very impressive session sir
I like it
You are giving very good guidance
BUT NEW GENERATION REALLY NEED THIS.
Superb advice sir thank you
Thank you so much sir ❤️❤️❤️🙏🏻
sir you are really an inspiration for me. You are the reason I got passionated for becoming CA
Perfect...q is where & how !!! The majority of them are on litigation side....
Sir investment in flat sometimes doesn't give a great ROI !
It gives only 2,3% return. 🥴
8:23 .. Agar Aap kiraye ke ghar me rehte hai toh SIR 2 month ka notice deke aapko bhi bhaga denge .. it's better you have your own house .
₹12 crores 😍😲......itna zada paisa h teaching me
Bhai wo 1-2 saal ki kamai hogi sir ki
Money is in each career prospects provided you will give 100% with determination for 4-5 years.
@@vira4654 itna paisa?
Kuch jyada ho gaya. Wo bhi 3-4 b jh k
Sir ek ache tripod mai bi investment kar dijiye camera bhouth hil raha hai apka
I have tripods , it was sudden plan for this video.
CZcams par first video mili hai jisme itni sahi advice mili hai. Otherwise sabhi videos m toh ye bolte rehte hain ki ghar kabhi buy nhi krna chahiye. And mera humesha se yhi perception rhta tha ki ese hi rahenge toh fir hum aaye hi kyun hain iss duniya m, kyun itna paisa kamaa rhe hain, paisa kamaa rhe hain toh life ko enjoy krna bhi sikhna chahiye… na ki bas financial management wali videos dekhkar unke bataye hue decisions lena!!
Such a nice video Sir 😊
Thanks for giving us a true advice 😇
And yes sir, we want more such videos on practical life!
Sir mujhe bhi ese hee personal decision ke liye advice chahiye. Sir ap de skte hai kya advice?
Sir, have you bought this home on EMI?
I don't think so you it is definitely that you have used Cash to bought your house.
AUDIT BHI PRACTICAL
FM BHI PRACTICAL
GUIDANCE BHI EKDM PRACTICAL.
THE PRACTICAL GURU
GREAT VIDEO SIR 👌👍❤
Sir 6cr amt invested in house, it means 6 lakh emi per month and you said it should be around 20 percent so are you earning 30 lakh per month. 😜
Yes
Please please upload more of such videos ❤️❤️❤️
One of the best videos!
Most of celebrities live in india. Resident in Rented house. why ?
This is not true
i agree with ur view sir...many finance influencer i think they see another video and upload ....inshort they are not yt influencer they are just doing copy
Congrats sir 😀
It helped me a lot sir
Sir jab aap naye naye CA Bane they tab apke paas 30-40 lakh kaise aye
Tab to articleship kr rahe hoge na aap 🤔
After 2 year of job and my budget was 30 lac not in hand 30 lacs.
Congratulations on your house
Bohot ache views hain sir aapke. 👏🏼
Agreed Sir🙌
Very good advice 👍
Sir, make your new house tour!
Sir apna monthly supervision kitna ata hai? 25000+?
Paisa kamane ka fayda hi kya jab use kharch nahi kar sakte love you sir❤️❤️
Correct , one life and we should enjoy this.
Sir ur great
Jack of all trades
Sir where you are going to buy house ?
One can earn so much money from CA profession provided they are in job?
Very practical video
If you dont buy your dream house and keep on investing then the fund manager will earn more and he'd buy your dream house. This is a fact you can't ignore and never highlighted.
Congratulations
Impressive mate
The same advice I give to my friends
Sir . My income is 7.00 lacs . Previous year I transferred 20.lacs money from credit card to any third party app and then same money is transferred app to credit card for rotation of money . In which i earned rs 30 thousand cashback .
In AIS it is showing that I made the payment of credit card stf 06 amount rs 20. Lacs
I had proff of credit card statement and third party app for rotation of money..
I e card to app and app to credit card.
Please suggest in future I will get the notice and steps to reply that notice .
Also suggest for future . I had to stop or doing same
Kindly reply sir... It is very imp topic make video on this topic also sir
Wahi to sir 12 crore 🥺
Sir bikul Sahi kaha apne
Apna ghar apna hi hota hai ❤️💯
Sir u are in Gurgaon,real estate in tire2 is not good investment.
sir is true ki flat ki life only 99 years ki hoti hai uske bd bnda kya krega 🤔🤔🤔🤔
Ur all right
Phli baat apne ghar m sukoon h 😌
I don't agree sir.
Better money utilisation can be done.
My below comment is true, But Kapil sir is right about his realestate investment.
Old comment:-
This house is in experion windchants. This house (even if 4bhk) can not be of 12 cr. The flats starts from 3 cr. This house can be maximum of ₹5 cr.
I like your teaching style a lot, but dont sell lies.
Have you watched full video - listen carefully I told in video that my real estate investment is 12 cr. Yaar kuch bhi samaz liya kuch bhi type kar diya. Ache se suno and samzo. Baki tumne rate ka research sahi kiya hai bas video sahi se nahi dekha
@@CAKapilGoyal ohh yes, I’m so sorry. You explained this at last. Correct. BTw i have the house in same society:)) should we meet up?:)
India m rented house m rehne ka matlab h "सिर पे बोझ"
But why you sir don't invest commercial property and invest residential property i think my investment equally distributed commercial property as well
Very nice home
First view 🙏🙏🙏
Sir I am buying a house which is 10% of your house value 😂
HOUSE TOUR PE EK VIDEO BANTA HAI SIRJIIIII !!!!!♥️🏁🔥🔥🔥🔥🔥
Yeh h haryanvi thing enough earn enough
I don't think you have 12 crores
CA means paisa he paisa
With all due respect i might be wrong but sir i disagree with you
I wish you have seen ankur warikoo video on buy or rent a house
I got that point ki aap ghar ko sell ker sakty ho baad mai but sir
Its property its not gold ki hum ja k bech de aur koi kharid le
It obviously will take time
(I have no experience of life like you i am just a student who is studying inter & want to improve or take better decisions for his future)
Rent pe rehna chaiye humesha is the crappiest idea ever.
Finance k gyan dene wale to even ye bi bolte h ki furniture bi mat buy kro..wo bi rent pr le aao..are bhai hum company ka finance dekhe..ya khud ka dekhe..all time bas ye hi sochte raho ki usko buy krna h usko nhi krna..uska rent pay krna etc.bla.bla bla..
Faltu h sab.
Btw Congratulations Kapil Sir for taking initiative on these matter.. otherwise ye finance wale to pagal kar denge
12 cr , ohhh
Rent par house dete samay rent agreement banva lena chaiye......?
Yes - 100% and police verification as well.
🙌🏻🔥❤️
12cr booking in a house is a fullish judgment
Fools built a house a wise rented it
Watch video from 6 mins , your doubt will be resolved.
First view 😅
I be like ...kitne zero hain bhai 🧐
12 cr unbelievable. Kuch jyda nhi ho gaya.
Sir property ma liquidity nhi hoti hai jada ....agar hame kabhi emergency ma paesa ki jrorat padti hai to ham ghr sell kar de ek dum esa nhi ho pata hai...aur agar hamne koi dhund bhi liya 1 - 2 purchase karna vala .... to bhi unko pta hota hai ki hmari majburi hai to vo us chije ka fayada uthata hai aur kam pr sell karna padta hai hame...market price se ...
Plus sir ghr kharidna ma hi bhaut dikat hoti hai...paper work trah trah ke ...sir aap big city ma rheto ho...3rd tier cities ma bhaut dikat hoti hai isse related ...kuch n kuch gadbad mil hi jati hai ...kisi ka land ka kuch gadbad hota hai kisi ka kuch ...
Plus rent pr dena ghr ko ....usme bhi fir agar jisko rent pr diya aur usne capture ( kabja ) kar liya ghr ko to aur dikat...churana itna asan nhi hota ..court case hota hai ..usme bhi court case ke kitni jldi decision ata hai ye to sir aapko bhi pta hai aur jisko bhi rent pr deta hai vo ghr ka itna bura haal kar deta hai...ki bad ma uske chor ke jana pr dusra ko dena se phela bhaut karcha krana padta hai thik karna ma hi...vrna dwara rent pr nhi chadega
to all your question my answer is - we have to maintain liquidity thats why I told use 20% of your monthly income as EMI and my overall opinion in this video is when you can afford house at that time you should buy it.
Hello Sir.
Great Video, very informative.
I have some points to make:-
1. You said market crashed and gave less returns. Which is true but investment in equity should be long term, short term crashes won't affect long term returns.
2. You said Real Estate can give as good returns as shares and other investment. I don't quite think that is true in general.
A great video and I agree overall with what you said but with these 2 points, it looked as if you want others to make the right decision but you were ok with compromising with a bit of facts, which I think is wrong.
Also, one way to invest in real estate without having large income to buy a standalone property are REIT's (Real Estate Investment Trusts). You can buy their shares and they buy properties and earn rent using that capital and pay you a share of rent in the form of dividends.
A great article on Rent vs Buy is available of Zerodha Varsity.
Your points are good , I also do detail research while I invest my money. I uploaded this video because on CZcams all the videos suggest don’t buy home and this is completely not true
@@CAKapilGoyal Sir the person who has invested in shares in 2020,the same share has fetched him twice or thrice income in this year.
A very nice example is tata motors I purchased it at ₹70 and sold it at ₹500