WHY you think YOUR FRIENDS are RICHER than YOU? | Ankur Warikoo Hindi
Published: 2025-07-12
Status:
Available
|
Analyzed
Published: 2025-07-12
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 3
Prediction
Topic
Status
A significant majority of the Indian population lacks an emergency fund.
"75% of Indians do not have any emergency fund."
Correct
Saving ₹500-₹1000 monthly for an emergency fund puts an individual in the top 25% of Indians financially.
"So if you are saving ₹500-₹1000 every month and not investing it but putting it in your emergency fund. You are richer than 75% Indians."
Incorrect
Recommended emergency fund size is equivalent to 3-6 months of essential monthly expenses.
"the amount of this emergency fund should preferably cover your monthly expenses for three to six months."
Correct
Incomes in major Indian cities like Mumbai, Bengaluru, and Delhi necessitate an emergency fund of ₹75,000 to ₹1.5 lakh, considering average expenses.
"In Mumbai, Bengaluru, Delhi where the average salary is ₹35,000 per month. And suppose your expenses are ₹20,25,000 then at any point you should keep ₹75 to ₹1.5 lakh in your bank as your emergency and crisis fund."
Correct
The average debt-to-EMI-to-income ratio in India is 48%, indicating a substantial portion of income is allocated to loan repayments.
"On an average, the debt EMI to income ratio of those who have taken loans is 48%. This means that half of the monthly salary is spent just on supporting the EMI."
Correct
The recommended investment-to-income ratio is 20%.
"The ideal investment to income ratio is 20%, meaning you will invest ₹20 out of ₹100."
Correct
Projected annual returns for large-cap mutual funds are 12-13%, mid-cap are 15-16%, and small-cap are 18-20%.
"If you invest in a large cap mutual fund, 12 to 13% will be in mid cap, 15 to 16% will be in small cap, 18 to 20% will be in small cap"
Incorrect
An annual portfolio growth of 15-18% can lead to money doubling every 4 years, and multiplying 16-32 times over 20 years.
"if on a blended level you increase your portfolio by 15 to 18% every year then your money will double every 4 years. Which means if you invest for 20 years, your money will have grown 16 to 32 times."
Pending
Starting investments at age 25 can provide sufficient funds for safe retirement by age 45, with the corpus lasting for the remainder of one's life.
"If you start investing at the age of 25, you will have enough money by the age of 45 to retire safely. And the corpus you have created can easily last you the rest of your life."
Pending
Recommendation to start Systematic Investment Plans (SIPs) in Nifty 50 index mutual funds.
"Start an SIP in a Nifty 50 index mutual fund."
Correct
Debt mutual funds are suggested as an investment option yielding better returns than fixed deposits.
"invest in a debt mutual fund which will give you better returns than fixed deposits."
Correct
The ideal budget allocation for discretionary spending is 30%.
"the ideal ratio in the budget is 30%."
Incorrect
A retirement corpus of ₹5 crore by age 60 is projected to be sufficient for comfortable living for the subsequent 20-25 years.
"you want ₹5 crore at the age of 60. Which by the way will be enough and more for you to live the rest of your 20-25 years of life comfortably."
Pending
To accumulate ₹5 crore by age 60, one needs to invest approximately ₹100 per month if starting at age 45.
"If you realize at the age of 45 that you need Rs 5 crore by the age of 60, then you will have to invest Rs 100 every month."
Pending
Starting retirement investments at age 35 requires approximately ₹30,000 per month to reach a ₹5 crore corpus by age 60.
"If you start investing at the age of 35, you can reach ₹5 crore in just ₹30,000 a month , by the time you are 60."
Pending
Beginning retirement investments at age 25 requires only ₹9,000 per month to accumulate ₹5 crore by age 60.
"But if you start at just 25 years of age , then with just ₹9,000 per month you will reach Rs 5 crore by the age of 60."
Pending
Investing ₹5,000 per month from age 22 for 40 years results in ₹5.3 crore, with only ₹24 lakh contributed personally, showcasing the power of compounding.
"If you start investing at the age of 22 with ₹5,000 and continue for 40 years, you would have invested only ₹24 lakh. But after 40 years, do you know how many there will be ? 5 crore 30 lakh."
Pending
Investing ₹10,000 per month from age 25 until age 60 leads to ₹10.6 crore, with a personal investment of ₹42 lakh.
"Suppose at the age of 25, you start investing ₹10,000 per month. By the age of 60, you would have invested ₹42 lakh of your own money. But you will have Rs 10 crore 60 lakh of your own."
Pending
Waiting until age 35 to invest ₹40,000 monthly results in a ₹3 crore corpus by age 60, significantly less than starting at age 25 with ₹10,000 monthly, highlighting the impact of starting early.
"If your friend waits till the age of 35 but invests ₹40,000 per month instead of ₹10, then by the age of 60 he would have invested ₹1 lakh of his own money. I mean, even more than you. But he will have only ₹3 crore at the age of 60. ₹3.5 crore less than you."
Pending