RESTART..... in 2025 | Ankur Warikoo Hindi

"So, in about nine and a half years, actually, your gold loan will be repaid. So, the first one will be from April or May 2025, towards the chit fund gold loan."

"Please do not use it for anything else except the education of Kartiki and then after a couple of years, Samarth will keep it for her college"

"So my suggestion would be that when that EMI of AC gets over, then from that ₹000, if you can add ₹00 to your investment and then ₹00 use it for anything else you want from a family purpose that from six months onward, make your SIP between your wife and yourself of ₹000"

"₹7000 of this should go into a large cap mutual fund, ₹3000 in mid cap or flex cap and then ₹2000 in If you do this in small cap, then the investment of Rs 1000 will be absolutely fine"

"after 10 years you will have 0 lakh 61 lakh to be prosise after 15 years you will have 1 crore 45 lakh and after 20 years you will have 3 crore 20 lakh"

"After 10 years, you will have ₹1 lakh in your bank, but after paying taxes and adjusting for inflation, its value will be ₹77 lakh. This means that if you have ₹27 lakh today, then whatever you can do with it, you will be able to do the same as today."

"After 15 years, you will have ₹1 crore 45 lakh in the bank, but its value will be around ₹50 lakh. ₹50 lakh as of today's date."

"And after 20 years, you will have ₹3 crore 20 lakh in the bank, but its value will be ₹80 lakh. After paying taxes and adjusting for inflation, this means that if you have ₹80 lakh today, then whatever you can do with it, you will be able to do the same after 20 years."

"Since you are the only earning member of your family, it is very important that you insure your life. So, in 2027, when you are 43/44, you should get a life insurance cover till the age of 60. And for that, please do not look at insurance as an investment product. Right now, the insurance you have taken is an investment product. You should look at it only as insurance. So, the best form of that insurance is a term plan. Take a term plan for 16 years. Because if you take it at the age of 44, it will be a little expensive, but still, it is an absolutely safe investment to make by investing for at least Rs 1 crore premium, sorry, Rs 1 crore cover"

"always withdraw from the oldest investment so it is first in first out meaning whatever you have invested first you will withdraw first not the latest one you will withdraw Because it will reduce your tax the most because you will pay long term capital gains tax and not short term and hopefully if there are consistent or good returns then it will also become the best amount because it would have compounded for the longest time"

"always withdraw from the least variable asset i.e. liquidate such an investment in which wallet or variability is the least in your case it will be mostly the large cap mutual fund from mid cap and small cap If you do this, it is possible that the market may go down."

"And one thing to avoid as much as you can is using a credit card or any other loan instrument unless you cannot repay it in full the next month. So never take a loan for any such investment, even in the form of a credit card, because if you end up not paying the interest, then hi that you again You will get trapped in the clutches of loans, you don't want it to go far, it is wiser to break your investment than to take a loan in personal capacity and credit card"

"if you ever want to consider it is an FD backed credit card then you open a fixed deposit with a bank against which you will get a credit limit and if you start using that credit card properly where you are making regular monthly payments etc you will then build your credit score"