ilmscore | How Your Savings Fund the Rich - The Banking Truth They Don't Tell You | Ankur Warikoo Hindi

How Your Savings Fund the Rich - The Banking Truth They Don't Tell You | Ankur Warikoo Hindi

Published: 2025-09-28
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 3
Incorrect: 2
Pending: 0
Unrated: 0
Prediction
Topic
Status
Missing EMIs for a loan will lead to homelessness within 90 days.
"And genuinely, if you keep missing EMIs, you will be on the streets within 90 days, guaranteed."
Loan Default Consequences
Incorrect
Personal income tax revenue for the government now exceeds corporate income tax revenue.
"Now that has changed. The ratio of personal income tax is higher in the tax collection of income taxes than corporate. Meaning you and I are generating more tax revenue for the government through our income taxes. The income that companies are generating from their income tax."
Personal Income Tax vs. Corporate Income Tax
Correct
Investing a low down payment (₹5 lakh) in real estate with a high loan-to-value ratio can yield an average annual return of 140%.
"This means that this ₹5 lakh has increased by an average of 140% every year."
Investment Returns on Low Down Payment Real Estate
Incorrect
Taking a loan for an asset that increases in value is a wise decision, while taking a loan for a liability that decreases in value or incurs costs is a poor decision.
"So taking a loan for any asset is a good loan. Taking a loan for any liability is a stupid decision."
Good Loans vs. Bad Loans
Correct
Borrowing money at a lower interest rate (e.g., 6%) and investing it to earn a higher, predictable return (e.g., 7-8%) can create a profitable spread.
"Why? Because you borrow money at 6% and earn money at 7-8%. So it has become an april. There is a spread, there is a difference."
Loan for Investment Strategy
Correct