ilmscore | CORPUS of Rs. 6.5 CR in spite of LOANS! | Money Matters Ep. 13 | Ankur Warikoo Hindi

CORPUS of Rs. 6.5 CR in spite of LOANS! | Money Matters Ep. 13 | Ankur Warikoo Hindi

Published: 2024-06-08
Status: Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 1
Pending: 7
Prediction
Topic
Status
The speaker predicts that the individual will be able to clear their personal loans within two to three years if they execute their financial plan patiently.
"this entire journey, if you execute patiently, then in a short period of time you will be able to clear your losses"
Financial Planning
Pending
The speaker predicts that ₹7 lakh can be saved for the parents within one year through investments, which could cover their lifetime expenses if they are frugal.
"if in a year itself they, like no baba, say that Gaurav, enough Now I think I want to stop working, then in that year you will have saved seven lakh rupees for them through this investment"
Parents' Financial Security
Incorrect
The speaker predicts that the accumulated ₹7 lakh, when managed with a systematic withdrawal plan of ₹1000 per month, will provide for the parents' lifelong financial needs, considering their frugal spending habits.
"and you will give all of that money to them and that seven lakh will last them their entire life because as they are very frugal, even if they spend Rs 10,000 every month, this seven lakh rupees will remain invested, so it will be on a systematic withdrawal plan of 1000, also going to ensure that they have money for their entire life"
Parents' Financial Security
Pending
A corpus of ₹67 lakh is predicted in 15 years by investing ₹1500 monthly with an expected annual return of 15-16%.
"if we are doing a SIP of Rs. 1500 at the end of 15 years, if you do not increase it at all, then you should get Rs. 67 lakh of corpus in 15 years"
Personal Investment Growth
Pending
A corpus of ₹3.28 crore is predicted at age 50 by investing ₹1500 monthly with an expected annual return of 15-16% over 25 years.
"If we are doing a SIP of Rs. 1500 at the end of 15 years, if you do not increase it at all, then you should get Rs. 67 lakh of corpus in 15 years, which will be when you are 40. If you do the same thing for 25 years, then you will be 50. This at the age of 40, this will be Rs. 3.28 crore at the age of 50."
Personal Investment Growth
Pending
A corpus of ₹1.1 crore is predicted by age 40 with a stepped-up SIP over 15 years, assuming a 15% annual return.
"And if you do the same thing for 25 years, you will have Rs. 5.5 crore at the age of 40. Just dip this, this is an option, no option to go back to where I started. You can also use this money to reduce your liabilities."
Personal Investment Growth
Pending
A corpus of ₹5.5 crore is predicted by age 50 with a stepped-up SIP over 25 years.
"And if you do the same thing for 25 years, you will have Rs. 5.5 crore at the age of 40."
Personal Investment Growth
Pending
The speaker predicts that parents will have ₹8 lakh in five years by investing ₹1000 monthly in debt mutual funds and Nifty 50.
"if we are putting ₹1000 to mom and dad every month and I think by doing debt mutual funds and Nifty 50 you will get around ₹11 and let's round it around and if you put this for five years you will get about ₹8 lakh"
Parents' Financial Security
Pending