Investing 3 LAKHS/MONTH | Stocks vs Mutual Funds | Udayan Adhye | Money Wise Ep. 3

Welcome back to Money Wise! In Episode 3, we're advising Dr. Saurav Sharma from Kolkata on boosting his financial game. 🏙️💼 We’ll guide him through building a stellar mutual funds and stocks portfolio, planning for an early retirement, and sharing top tax hacks to maximize savings. Plus, we'll explain the importance of term insurance for a secure future. 🛡️💡 Don’t miss this episode packed with expert tips to help Dr. Sharma and you achieve financial freedom! 💸

Let's connect online!

00:00 Today's Topics
00:48 Income
01:57 Saving 50% taxes!
03:50 Expenses
09:58 Current mutual funds and stocks
13:16 Stocks vs mutual funds: where to invest?
19:52 Is my SIP amount too high?
23:20 Portfolio Analysis
29:03 Saving for a LUXURY CAR!
32:13 Planning for Retirement
36:20 New Financial Plan
37:05 Insurance

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[puneetpraveen]

I have known my friends for more than 12-16 years now and none of them are comfortable sharing investments or their salaries. Pata nahi ye Banda itna transparent kaise hai

[reena_]

Great to see, support individuals in their financial planning and growth. Many professionals charge significant fees for similar services. Huge respect.

[benwisdom]

Disclosing your income and investments on public platform for other people to learn investments. This is one kind of social work. Kudos to you Doc.

[MrAbhishekgangan]

One correction: His 52% absolute returns in 2-3 years could have an XIRR of more than 17% too. You can't conclude anything unless you know the exact times when he invested and the amounts he invested over the time horizon.

[puneetpraveen]

65-75 lakhs income suntey hi most of the audience got super disappointed. 😂

[VishMP]

This is my first video of this channel. And man! It was amazing! The knowledge shared is just amazing. Never missing your videos again. Keep doing the good work boss, many of us need to be updated and edcuated financially.

[sagarsurve]

Most detailed planning video I saw !! Anyway 55 is not early retirement when 58 is normal retirement age today 😄

[puneetpraveen]

Publicly Planning his finances. Kaafi daring Banda hai.

[drmrahul]

2 mistakes noted.
He dint buy all his stocks 3 years back. It must be staggered. So comparison with a lumpsum investment in nifty is erratic.
Asking him to invest in a hybrid conservative fund with humongous taxation - better alternative would be a equity savings fund.

[DrKallalPramanik]

Saurav seems to be a very sweet person. I have enjoyed the conversation. One thing to note is that physicians start their real earning in their 30s or even mid-30s, therefore retiring early doesn't make much sense to me.

[kankanalakaruna]

Wow I’m just amazed the way your planning definitely want to have a conversation with you about my financial goal

[shanedsilva]

Amazing session Udayan! Learnt a lot with the way you performed the calculations and added in the expenses. Wanted to know if it would be possible for you to share some of the calculation tools? If so that would be a great help. Thanks!

[anshubhat]

Really liked your views on investing more in smallcaps rather than largecap, Amazing you gotta prepare for worst case scenario too..

[manosijbanerjee]

Hi @Udayan...love your work and analysis❤...am already a loyal subscriber of your channel.. I have filled up your form multiple times to be featured in your show... would have been really helpful for my financial planning.. awaiting your response

[SkyLoreking]

even investing in mutual funds one needs to actively learn and update about their financial knowledge constantly to maximise their return. thank you for the video

[korandlapraneeth]

I like the personal attention to the individual. I like the style. Good job Udhayan

[Yet]

I’m currently 36 and I earn around 3.5L a month. I want to be FI when I reach 45. How much should I invest every month in order to reach a corpse of around 4-5cr?

[mr.dhillon]

Nowadays Doctors, surgeons, Teachers etc are focusing more on stock market and less on patients, students

[nighty-fury]

Day by day Udayan looks like Aditya Roy Kapoor

[anesthesiaupdates]

Good conversation. Learned new things as well especially accidental insurance and top health insurance. Can you share the excel sheet so that we can work out ourselves..