Can you Handle 5 Crores? ft Deepak Shenoy | @CRED_club Jagruk Talks S2E2

👋Hello, #JagrukJanta,
Welcome to Season 2 of Jagruk Talks Powered by CRED.
This is Episode 2, today we will discuss a crucial topic- How much wealth do you actually need? What is Wealth? with none other than Mr Deepak Shenoy sir, founder, and CEO, of Capitalmind. He has been an entrepreneur all his life with over 20 years of experience in investing and the stock market and at Captialminds managing a portfolio of over Rs. 850 cr. of AUM.

📒 Chapters:
0:00- 3:00 Intro
3:00- 6:00 How do you define wealth?
6:00- 8:40 How do we navigate life?
8:40-31:35 What about 95% of Indians if given 1 crore? How to make better use of it?
31:35-1:04:19 What is the right approach to investing in a career?
1:04:19 -1:12:38 What's one habit you'd like to change about your clients?
1:12:38- 1:18:48 Outro
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Shot & Edited By: Rohan Agarwal
Presented By: Money Minded Mandeep
Guest: Deepak Shenoy ( Founder/ CEO- Capitalmind)

#jagruktalkss2 #deepakshenoy #lla #cred

[HUSTLEwithAHMADA]

LLA is the only monopoly in YouTube for transfer true knowledge in the finances in India.

[AbhiandNiyu]

This video has so many valuable lessons! It is amazing! Keep up the good work.

[GeniusAjinkya]

Lessons:-
1. Try to make retirement plan as monthly or annual as possible, coz when we receive lumpsum money, we tend to incur expenses superflously, which might make us pauper early and drain our retirement funds
2. 5 crs is enough money for retirement for limited needs.
3. We should buy and sell MFs after one year for LTCG, and save taxes. Do not believe that for MF, we have to invest for long term for more compounding. Coz we are just buying and selling, that does not impact our compounding.
4. 43:46 to 45:16 very interesting theory
5. Managing emotions during extremes like markets very low or very high, and taking actions at those times is what produces great returns. Ordinary returns to kya koi bhi kama lega.
6. End lessons are very important, end 4 minutes of video.

[nishantlakhara]

"Educate people - All small steps help" - this is the best line out of the video.

[kiak]

I am 15 years old girl and I am learning a lot from your video, and It gives me so much knowledge about finance that will help me alot in the future when I will start earning. thanks for making India financially educated 😊😊

[lucky]

Yes my Dad started his job from 300 rupees per month and when he retired last year his monthy salary was nearly 2 lac per month so you don't know where will you end up as his 1st saving scheme was of LIC in 1995 which they were giving 1.5 lakhs at the end of 20 years maturity at that time his income was 1500per month so at that time 1.5 lakhs looks very big amount but when finally he got that amount it was less the his monthy salary so predicting future from current standpoint is very difficult you cannot say how much you need or how much you will make.

[varungk]

The sincerity in this video is demonstrated by the talkers advising against Credit cards for common people in a video sponsored by a company which depends on Credit card usage.

[karmveersingh]

Deepak sir voice has a special calming effect. Listening him for more than a year on his podcast on Amazon. Very good episode..

[ujjawalbohra]

The knowledge in this video is at another level huge respect to both of you and all Labour Law team

[arjungupta]

I'm confused regarding the 30k camera example.

1k/30k = 3.33% which if taken as the monthly interest rate will annually be 3.33*12 = 40%.
Taking 29k as principal makes it 41.37% which is approx 40% only.

But the guest had said "agar 3 mahine ka maan len" which implies the 1k interest is for all the 3 installments combined over 3 months. In that case the annual interest should be 3.33*4 = 13.32%

If anyone gains any clarity, please do explain.

[viralvdios]

Love the line where Deepak sir says "People underestimate/don't know the power of luck" .. so true

[raaaaz]

Saw it Twice.. Valuable information. Good Job LLA. 🤗🤗🤗🤗👏👏👏👏
Financial Education needs to be taught at School level. Importance of Investing Early years, Power of Compounding these are the things becomes more effective if taught Early ages. Need to make these Mandatory Practical lessons. India will Prosper much early and people will achieve Financial Freedom much sooner than they think.
#A_Proud_Indian 🙏🙏

[avshekraj]

Just the opening intro of this podcast was enough to give goosebumps and let me feel I am very illiterate in finance. LLA rocks. 🔥

[mominsiddique]

First time I saw a video about financial literacy without skipping a single second. Thanks for bringing in such a valuable content. Keep up the good work!!

[kunjnaik]

Best guest till now. I admire Deepak a lot as he is from my university and I met him also in person last year. A true gem 💎

[alkeshbhatt]

Without even watching it, I'm first liking the video. That's the level of trust i have invested in Team LLA ❤️ let's watch the video now

[immayurpanchal]

Bhai yaar. He just nailed it. The questions Mandeep asks are really great! I'm amazed how knowledgeable this podcast is.

The entire team who is working on the script and the ideas. Kudos to you all! Believe me or not but I'm the greatest fan on LLA. Just keep doing this great work!

You're changing lives of millions of people.

The great thing about is that the content is in Hindi so I'm able to share with my parents.

Thank you so much LLA.

[itstudent]

Talks about SIP 👉🏻 37:40
Best Line 🙂
"In your early days focus on earning more in the field that you work"

[AnandSingh-tfmf]

This podcast blown my mind ...I was used to feel lucky that I have a salary and I could invest the same proportion for long term ....I was not aware the return are uncontrollable...So why I'm focusing here...Now I got realised that the huge returns one can make by investing only on oneself (either investment over skills or business)...

Thank you for teaching and insisting us in terms of financial literacy..😊🙏

[dixitmanani]

Watched a glimpse of this in shorts and I’m hooked. This is the power of quality content