How to Turn a Monthly SIP into 12.5 CRORES?! | Money Matters Ep. 24 | Ankur Warikoo Hindi

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.

It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.

Everything that I say in these videos is purely through my own experiences.

- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).

This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.

I am not perfect, nor claiming to be either and would love to learn and grow.

The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.

In this episode of Money Matters, I break down Rosaline, a Tata Steel engineer's journey to financial freedom. Watch as we create a 25-year investment plan that could potentially turn a monthly SIP of ₹24,000 into a staggering ₹12.5 crores! I'll share practical insights on balancing risk, the power of compounding, and smart SIP strategies for young parents. Learn why patience in real estate investments can pay off big time and how to secure your family's future through disciplined investing. Whether you're an engineer or not, this video is packed with valuable financial wisdom for anyone looking to build long-term wealth.

00:00 Introduction
00:37 About Rosaline
03:04 Rosaline's expectations from Money Matters
04:30 Current financials
10:00 Analyzing financials and creating a plan
19:00 Future projections
22:00 Buying a plot
26:00 Conclusion

#FinancialPlanning #MoneyMatters #warikoo

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My Money Apps:

The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.

My bestselling books:

My gear for shooting this video:

The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.

Let’s connect online:

[warikoo]

Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues.

It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice.

Everything that I say in these videos is purely through my own experiences.

- So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes.
- I am not selling any product or service through these videos.
- None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored).

This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it.

I am not perfect, nor claiming to be either and would love to learn and grow.

The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story.

My Money Apps:

The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.

My bestselling books:

My gear for shooting this video:

The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.

[tapasdhal]

Very Nice video🙏
I am watching this video from Odisha
Jay Jagannath 🚩

[aswininayak]

21:53 in Bhubaneswar the real estate returns is more than 15%. This is minimum you may expect 3 to 4 times in 5 yrs easily

[Dr.financial.freedom]

To everyone who is reading this, you are definitely going to be a millionaire, do not, i repeat do not ever give up❤
Update- wow i’m famous now🥹

[_rajenderjoshi]

Things they shouldn't have ignored:
1. Husband's income and savings.
2. Child's education expense - recurring and inflating expense.
3. Plot loan - it will be time bound with construction loan.
4. Plot's price hike. Growing city like Bbsr can se 2-3x price hike in few years and spoil their land purchase plans.
5. Future family plan - maybe another child?
6. Health/term insurance cost.
7. Future investment and expenses in depreciating assets - car/bike/scooter.
8. Inflation vs Salary hikes. Salary hike may not be proportional with monthly expenses in upcoming years - considering Tata Steel is paying mere 53k/m to 8 year experienced.
9. Rental and utility inflation.

2 cents:

If she and her husband can jointly afford a plot worth 24L (she has saved good money) in full payment with a small loan of 10-15L for bare-minimum construction. Their home will be paid from the rental expense and will save them from increasing rental burden in future. And, purchased land will anyway appreciate better than FD/PPF/Savings account.

[letstalk]

I have made 30 lakhs portfolio since last 3 years. Annual CAGR is 27-30%. In next 6 years, I will make 1.2 cr if I get the same cagr. Thanks to ankur. -- guys I am not able to post any comment so I am adding here.. 5 lakh lumpsum and 30k Sip every month. Never missed or withdrawn any sip.

[trademoneynothealth]

Thanks Mr. warikoo, your video keep motivating to me to reach 1 crore asap. Current folio 10L, I have increased the SIP ammount this month onwards to 72K. Planning for my first crore in 7-8 years, fingers crossed, Age 30.

[rajdhanwan]

A small thing … company insurance can be converted into personal insurance when switching the company. Not many people knows about this….

[born-victor]

Rosaline, if you are reading this, please buy the plot if you think it is in a good location, has basic amenities (water, sewage etc) and the price of land is going to appreciate or you would stay there in the long term/after retirement. Don't be penny wise, pound foolish. Make sure you do the registry and paperwork thoroughly well in order to avoid dispute or discrepancy in the future. However, you and your husband should make joint investment in it. Ankur's perspective is that from a person raised in Tier-1 / Delhi-NCR city. However, mindset and dynamics in tier-2 and smaller cities is different (which he may not be able to understand inherently). You and your husband both know that you are not going to switch or change your jobs or cities anytime soon, if at all. Rest of the suggestions were on point. Pls get term insurance, health insurance, accidental and disability insurance ASAP. Do thorough research and read the fine prints properly before buying them. DO NOT TRUST THE WORDS OF AGENTS. READ THE DOCUMENTS PROPERLY. Goodluck to you.

[explorerhimu]

Another Tata steel employee watching this video, with almost similar salary but trapped in EMIs...

[santoshmanda]

Very Inspired to see someone From odisha who wants to improve financial condition

[silver]

Salute your very professional, emphathy filled and humane advice to this young lady. Awesome work!

[Ashitsheth]

@warikoo Great Video, Few points on this,
she has 13 years of experience in the Field, Considering that she might be in high 30's or low 40's. which means she has approximately around 20-25 years before she turns 60 for retirement age.
From all your calculations it felt like that will be the corpus she will need for her retirement it self
I understand her concern was about her 10 month old son so you focused more on that.
But I would have loved to see more insights on how she could plan her retirement on this corpus at the same time taking care of Child and the plot/future house.

[pramodgupta]

Ankur sir namaskar, mai mutual fund me sip start krna cahata hu sir please suggest me ki 1. kitne mutual fund me sip kare. 2. large cap, mid cap & small cap tino me krna hai to please suggest mutual fund name. 3. MF kaun se app se kare 4. sip & lumpsum me sabse best kaun sa rahega. 5. kya MF lete time tax saving MF me invest kare. sir please if possible reply me. thanks

[WrestleTubeHBK-sntg]

❤Ankur ji is a sweet, simple and sober person

[prachirotela]

I am a 17 year old investor handling my mom's account, and ankur sir helps me a lot to make things easier for me, I hope he continues to do and and guide me always, i am leaving this comment here when i'll make money in crores I'll definately come back to this comment and tell sir that I DID IT!!!!
tab tak God Bless Ya'll❤

[purvapande]

It depends on where the plot is. Land rates in tier 2 cities especially on the outskirts are increasing by 20% +. If the land she is seeing is in an area that is developing fast, she can go in for it

[BreakoutStocks]

Ppf is very good investment with no tax.

[AabidKhan-bvqk]

Waah... nice to know Odisha peeps are participating.... I'm also from odisha ❤

[jawadkazi]

TCSer watching the video. Proud to be TATAian.