How He Invests To Make 10 CRORES?

Bhomesh Sharma retired early to spend more time with his family. In this video, he shares how he built his passive income streams, the strategies he used to achieve Financial Independence, and how he built his portfolio. Watch the full video to learn more!

Timestamp:

00:00 - Start of podcast
00:22 - Introduction
01:00 - Salary progression
02:15 - How did he plan his FIRE Journey?
04:46 - Current FIRE Corpus
05:07 - Lifestyle & Expenses over Years
07:15 - Current Passive Income?
08:30 - Portfolio split
09:42 - Life after Pre & Post Retirement
10:57 - His Real Estate Profits
12:15 - Where should you Retire? In India or Outside India?
14:47 - Advice for people in 30s

[roydlanco]

He raised a very valid point that if you have a supportive wife, being finance savvy becomes easier.

[katiekilbo]

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.

[sujatasoparkar]

Brilliant... the most complicated life choices explained in the most simplest manner❤

[PavanKumar-yoeh]

This episode was a beautiful one! Mr.Bhumesh has a very good balance - not just financially, but also has achieved good personal life balance, staying in India, not giving a shit on what family/cousins is doing, has a better-half who is in-line with him on financial front.
"Prefer living like a king in our country, than living like a slave in some other country" - This resonated a lot with my thought process.

It feels good when you see such people, gives us confidence that Yes, FIRE is possible for normal middle class guys as well! Thanks @wint for the episode :)

[davidlalramliana]

13:45 'Feel like a king in my own country vs feel like a slave in another country'... Very valid statement... Food, Culture, Social structure, Discrimination... the list goes on. I used to dream of working abroad in my younger days, but when I started visiting other countries, I gave up the idea so quickly.
God bless you, Sir.

[Delorenzo-wz]

different market sectors are in bubbles, might opt out of stocks entirely if it crashes. All I keep pondering is when or if this bubble will pop, so desperate for early price interest.

[mayankwadehra]

This guy lives by the "Your money or your life" book. I read the book last year but have been implementing this stuff since 10 years now!

[adityaranjanmisra]

Very sorted person with practical approach towards life

[Whatreally]

Very few people can reach that kind of growth at work. Good on him.

[huzaifakhan]

I find Bhomesh an extremely sensible person who understands life in different perspectives, not just financially. Plan your family early is one of the greatest advice he gave for the couples in their 30s. Once you hit a number where you're comfortably saving, upskilling yourself and giving time to your family are immensly crucial for a good retirement.

[rlpai]

Most sensible, practical, honest and relatable guest. The power of under spending and investing is often overlooked. Everyone wants the big house, car, overseas vacation, latest I phone, brands etc. Stay away and one day you will actually have the money to afford it but you may not want it anymore. These things add zero value to your life other than temporarily elevating your status.

[TheSphereBox]

He had a very good salary and his expenses were very low (maybe 20-30% of his salary). So the point is first increase your salary to that point that your expenses will be like 10% of your salary. But the problem is that, with a low salary (like most of us) you can't lower your expenses below a certain level, so FIRE will be a fantasy.

[Investguru]

It’s easy for someone who got pedigree to reach this journey, we need people who come from scratch who self funded their education and their livelihood from Day one. Someone being from IIT / IIM yesteryear’s if they don’t make wealth is the worry and not a surprise if someone makes it through.

[saiswaroop.h.e]

4LPA in 2006 is a hugeee amount of money and almost 7x higher than average entry level salary in 2006. 4LPA is the average entry level salary in 2024, imagine that amount in 2006. And he said 10 lakhs in 2009. these are salaries of basically the top tier jobs, this glorifying of already rich people without giving the facts plainly is dangerous, leads to false motivation. So point of wealth building is useless in this video because with that high amount of salary from 2006 and saving 60% of salary, even LIC policies give you same returns in the same ballpark of 10cr or more, but really respect the man for equally spending time with family etc.

[raydanish]

Bring some people who earn 70-80k and archived FIRE or gonna archive. Bcoz most of the audience have same scale, if we earn 1cr then trust me we never waste our time to watch your video 😅. Please dont take this in wrong way.

[lisadsouza]

my partner is busy making jeff Bezos more rich....

[parthshah]

Wint should also discuss how they are managing the taxes as they are already under 30% slab

[Saiseshukumar]

Very valid points, No-Nonsense and to the point. Few takeaways
1. FIRE is a family, NOT individuals target of achievement.
2. Don't go behind liabilities and invest early in life
3. Start family early, your body is not the same over the years.
4. Keep life simple with no cravings for metarialistic accumulation.

And finally the money you invest on your health with all the stress would be much higher if you run behind it ignoring the above points❤

[vinayr]

sensible conversation. He executes what he talks. Nice one

[ajithstjit]

Leave social pressure .!! U ll live happily …. Just have this in mind .. “ to keep family happy “