This Mumbai Man Is On The Road To FIRE With Equity SIPs

This Mumbai Man Is On The Road To FIRE With Equity SIPs | Mint Money

Рет қаралды 59,876

13 күн бұрын

The F.I.R.E concept - Financial Independence Retire Early is something that has been gaining traction for some time now. One person who's taking it seriously, is 40-year-old Mumbaikar Arunava Guin. He wants to retire in the next 5 years - and his target is a Rs 15 crore corpus, and in fact, he's nearly halfway there. But how exactly is he doing this? Let's find out!
#investing #financialfreedom #equity
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Пікірлер: 56

@ashutosh0011 11 күн бұрын

Not a single valid question. Junk questions by the interviewer. The main question should focus on how he achieved that number. What strategy to use. Wasted very good opportunity...😓

@user-eo9ly7jj6g 6 күн бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@AkshayJain-202 10 күн бұрын

Poor questions asked.. no proper introduction. Stopped at halfway... saved precious 11 min for myself

@user-eo9ly7jj6g 6 күн бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@user-uw6pe7qq3g 10 күн бұрын

Junk video. How this guy got too much wealth in 40 which will become 15 cr. Useless video.

@Family-un3rf 8 күн бұрын

Man, I am 35 and I already made 4.7Cr which includes mf, shares and FD. I can make 4cr in next 10 years. By the time my 4.5cr become at least 9Cr( rule of 72) so it's not an unreal video. Me and my wife are earning good money in IT. We are average people in terms of intelligence and family background.

@mexicanmomo 2 күн бұрын

Yeah, you are absolutely right. Probably they earn a lot and both he and his spouse are earning members.

@peekgupta 9 күн бұрын

Hope Mint can put some more money and get a good interviewer !

@rawalsandeep 11 күн бұрын

Nice. The fire number is decent and practical

@PrasannaKumarsmvl 10 күн бұрын

I think no need to top up your term insurance as there is no fear of your family getting buried into debt because of your loss. As you had a huge corpus that should be fine

@IntrovertsExplorer 3 күн бұрын

I guess the insurance premium he quoted, not sure how genuine, I hv a 1cr insurance & I pay a premium of 13k which I purchased also long back.

@neodro4831 8 күн бұрын

And also pls ask potfolio allocation and how things changed over the years? It could have been an even better interview - GREAT JOB Arunava!

@sagek7949 10 күн бұрын

please discuss about NPS. Great video overall :) Thanks !

@hiteshmakhija3778 10 күн бұрын

You should also introduce the person & his background first. At what position - profession - education background etc..

@SingaporeBuilds 8 күн бұрын

This guy has aced his Personal Finance 👍👍

@NiranjanBendre 11 күн бұрын

It’s getting popular. Lots of desi channels featuring people on this journey or already passed.

@GreenDriveIndia 10 күн бұрын

Ye bhai satya Nadella ka bhai lag rha h

@Jaimaharashtra23 3 күн бұрын

Since Interviewer didnt asked complete questions so assuming only MF exposure which means portfolio seems to be heavily concentrated especially with no exposure to RE or Gold. Imagine for any reason if market crash heavily then his portfolio can be wiped by half and it will be a free fall. Diversification is important.

@1122334455da 10 күн бұрын

This is possible only if the income is very high.

@Amit-xe8jv 3 күн бұрын

Many relevant questions were not discussed. How much salary, monthly mf sip,

@98505177229850590818 10 күн бұрын

This Guy is smart

@byegaurav1 9 күн бұрын

super

@MR-jq4qv 8 күн бұрын

Super awkward vibe...the interviewer seems to be in an off mood!

@user-eo9ly7jj6g 6 күн бұрын

Agree, seems like he was forced to work while he was planning for a leave.

@sanrock21 5 күн бұрын

He is 40 and how he reached/saved 6/7 Cr🤔.. may be he and his wife earning more than 3L per month🤔. It is good for them, but if he had told how much they invested every month to reach there would have been good

@adityapatnaik7078 8 күн бұрын

does he even eat

@MutualfundsahiHainbutkaunsa 10 күн бұрын

Bhai mahina 30 k income balo ka banao jo freedom hasil kiya or karne bala ho

@samirshah82 10 күн бұрын

Bhai dono husband wife ka combined salary to batao

@geeta59 10 күн бұрын

Too many funds you need one broad market index fund and maybe one multi cap active fund.

@Family-un3rf 8 күн бұрын

What if that AMC goes bankrupt?? Those who got money gotta have risk management.

@geeta59 8 күн бұрын

@@Family-un3rf you go with reputed AMC’s like SBI or TATA or any of the big 3 banks ICICI, HDFC or AXIS but investing 10-15 MF is over complication and kills the returns.

@shanthgaitonde 8 күн бұрын

Niel bro looks dead inside, prep and show some enthusiasm bhai

@basantchoubey5137 8 күн бұрын

He is already halfway of his target.. Even if he doesn't put any penny to his fund, it will double in 5 yrs with normal 15℅ cagr which MF provides.. So nothing much he needs to do.. Both patents works and earns, so nothing there for others to learn.. They are already part of .5℅ of Indian population.. Such video doesn't help anyone..

@deepeshsaxena500 6 күн бұрын

Portfolio

@HrishikeshPalande 7 күн бұрын

Very poor question. No structure to the interview.

@gopinath_ravi 10 күн бұрын

High income salaried guy. But financial awareness, am not so sure . I guess he is spoilt by watching yt videos and twitter. 😅 Getting a good advisor would help him a lot.. Too many funds. Not clear about taxation. Feels insecure abt 1% extra for mfd.. on good days selling and bad days buying gyaans... Get help sir. You ll increase the corpus much higher!

@kroychoudhury 5 күн бұрын

He doesn’t know what he is doing with investments .. really amateur!

@TarabShaikh-ij2dt 10 күн бұрын

Stupid questions being asked

@krnlkscpoashrspntd 9 күн бұрын

Very limited stocks portfolio, no gold, no real estate, only MF. How he will become 15 cr person? Maybe parents supported?

@sutchak 5 күн бұрын

Poor interviewer

@SMKarthikeyan 10 күн бұрын

Waste of time for me not even getting a clear picture of how when what ,since his journey so long he can give more valuable insights but just by telling some percentage i have not useful