ilmscore | Financial planning for 25 yr old with ₹50,000 salary #financewithsharan #shorts

Financial planning for 25 yr old with ₹50,000 salary #financewithsharan #shorts

Published: 2024-11-04
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Saving ₹15,000 per month with a 15% annual return will result in ₹1 crore in 15 years.
"if you save 15,000 rupes a month for 15 years put together and if you assume a 15% rate of return you would have made your first 1 crow"
Wealth Accumulation
Pending
₹1 crore will grow to ₹2 crore in 8 years, assuming the same rate of return.
"that first Crow will turn into your second Crow only in next 8 years"
Wealth Accumulation
Pending
₹2 crore will grow to ₹3 crore in 3 years, assuming the same rate of return.
"and that second Crow will turn into your third Crow only in 3 years"
Wealth Accumulation
Pending
After reaching ₹5 crore, an additional ₹1 crore can be added each year.
"from fifth Cod onward Sharon you start adding a Cod every year"
Wealth Accumulation
Pending
Suggests building a direct stock portfolio once sufficient market knowledge is acquired.
"then if you really want to go perhaps start building a direct stock portfolio if you've learned enough in the market"
Investment Strategy
Pending
Once wealth reaches at least $500,000, consider looking into Portfolio Management Services (PMS).
"after you have earned considerable amount of wealth I would still say what what is the considerable amount of my sense is at least half a million dollar you can then start looking into some PMS options"
Investment Strategy
Pending