ilmscore | ⁠This is Why Men Dominate in Finance | Finance Educator | Monika Halan | Ep. 45

Predictions from this Video

Total: 13
Correct: 0
Incorrect: 0
Pending: 13
Unrated: 0
Prediction
Topic
Status
Lottery winners often go bankrupt.
"almost every single winner of karanga karati has gone bankrupt"
Lottery Winners and Financial Stability
Pending
Over 70% of lottery winners go bankrupt within 3 years.
"more than 70% of the people who win a lottery within the next 3 years become bankrupt"
Lottery Winners and Financial Stability
Pending
Financial independence is very important for women.
"it's so important for girls to be financially independent"
Financial Independence for Women
Pending
Half of assets acquired during a marriage should be in the spouse's name.
"during the tenure of a marriage half the assets should be built in The spouse's name"
Spousal Asset Ownership
Pending
Couples should have a joint account for shared expenses and separate accounts for personal discretionary spending.
"One bank account for that which is a joint account account M and your discretionary spends are your own so separate accounts for each of us for our own person your your income"
Couple's Joint Finances
Pending
Individuals should invest in their own name and designate their partner as the nominee.
"invest in your own name make your partner the nominee"
Couple's Investment Strategy
Pending
A recommended equity allocation is 50% large cap, 25% mid cap, and 25% small cap.
"50% large cap 25 mid 25 small"
Equity Investment Allocation
Pending
SEBI is introducing a new investment product category with a threshold of 10 lakh.
"this new product category sebbi is introducing between mut uh yeah so they're calling it an asset class it's actually a product category where the threshold I think is 5 lakh or 10 lakh 10 lakh is it yeah yeah"
New Investment Product Category
Pending
Beginner investors should avoid PMS and focus on understanding basic equity investing principles first.
"please don't do PMS you please you just first understand basic rules of equity investing"
Financial Literacy for Beginners
Pending
A blueprint for financial freedom for a 25-year-old involves starting with basic money concepts and then moving to mutual funds.
"you really start with let's talk money okay then you graduate to let's talk mutual funds"
Financial Freedom Blueprint for 25-Year-Olds
Pending
Hedge funds profit from retail investors engaging in high-risk trading activities like F&O.
"people are starting in the deep end they're going into shark infested waters right trading straight fno o yeah who's making money us hedge funds are making money off your 2,000 5,000 rupees"
Risks of Trading and F&O
Pending
Making money is only the first step; long-term management of wealth is crucial.
"this is a very long journey so even after you've made your money you'll still have to manage it"
Long-term Wealth Management
Pending
A significant majority (over 70%) of lottery winners face bankruptcy within three years.
"more than 70% of the people who win a lottery within the next 3 years become bankrupt"
Lottery Winners and Financial Stability
Pending