How Does a 50-Year-Old Manage His Money?

In this episode, we sit down with Jaideep Butta, a seasoned professional who achieved FIRE at the age of 53.

Jaideep’s journey is a masterclass in disciplined investing and smart financial planning. Starting with Fixed Deposits (FDs) and working abroad for various companies, he later returned to India and delved into real estate investments. Over time, he shifted focus to equities, developing an entirely automated stock analysis process to streamline his investments.

From his wealth-building strategies to his insights on bond markets, real estate, and equities, Jaideep shares a treasure trove of knowledge. He breaks down market trends and offers practical tips on achieving financial independence through calculated, informed decisions.

Whether you're just beginning your financial journey or looking for advanced strategies, this episode is packed with actionable advice and inspiration.

Watch now and get ready to learn, grow, and be inspired! Don’t forget to like, comment, and subscribe for more powerful stories and insights.
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Timestamps:
0:00 - Episode Highlights
0:47 - Jaideep's Early Childhood and Career Journey
2:22 - How Working Abroad Shaped Jaideep’s Financial Journey
5:46 - Inside Jaideep’s Portfolio
6:31 - Jaideep’s Opinion on Investing in Fixed Deposits (FDs)
7:45 - What Are Government Securities Bonds and Their Benefits?
11:18 - How Does Real Estate Fit Into Jaideep’s Overall Strategy?
12:32 - Real Estate Investing: Passive Income from Property Rentals
13:04 - How to Evaluate Real Estate Investments: Key Parameters
14:23 - Balancing Mutual Funds and Equities
16:00 - Parameters for Selecting the Best Mutual Funds to Invest In
16:39 - Approaching Direct Equity Investments: Tips and Learning Resources
18:25 - How to Automate Stock Analysis Processes
20:32 - Automation: Is It for Short-Term or Long-Term Investments?
21:14 - Is the Automation Process Suitable for Retail Investors?
22:26 - Life After Achieving FIRE (Financial Independence, Retire Early)
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[Raj-wp]

All big shots in this world own real estate . That’s the leverage which helps you to become rich !

[hourgaming]

Like the approach. Uncomplicated - people underestimate the benefits - time saving and peace of mind.

[fatnbaldvlogger]

This channel is so good and real in terms of finance related stuff.. please keep it on.
Please get people who have not achieved high corpus yet but are on the way

[EverythingwithFire]

I feel like you are using the same interview template for all your videos. It's important to make each video unique so that viewers can learn from the interviewee's experiences. Instead of just asking generic questions about gold or mutual funds, try to dig deeper. Ask about how they reached their first $10, 000, $100, 000, or $1 million. Inquire about the struggles they faced along the way and how they overcame them. How many times did they lose money? How did they diversify their investments? When they experienced losses, how did they resist the temptation to sell? Additionally, ask about their XIRR, their biggest loss, and their highest return. This could provide much more valuable insights for your audience.

[ritwikchaudhuri]

Hi, quick question - Jaideep mentioned bonds are safer than FDs. What is the risk in a FD ? I thought FDs are the safest instruments.

[aayushoberoi]

Excellent video. 👌 Please have Part-2 of this video elaborating more on the systematic investment (DB/SQL) you build. Keen to know more

[visheshkhanna]

Fantastic content! Engaging, insightful, and thought-provoking discussion throughout. Can't wait for more episodes like this! 🎉👏

[jagadeeshb]

Excellent content, very helpful on the automation front....

[praveenpai]

Good video. Two glaring mistakes in the graphics: 1. The bond (G-sec) prices go up slightly in the secondary market when the interest rates go down. So, like Jaideep said 100 will become 102, 103, 105 not 200, 300 or 500😂. 2. He shifted his equity MFs from Regular to Direct (to ensure his expense ratio is less, as regular funds take about 0.5-1.0% of fund value in commission).

I have a fairly similar portfolio but the exception is Precious metals in addition (Physical gold, silver and SGBs).

[kcpatel]

Great. Video to have knowledge about financial freedom planning.

Guest has really good knowledge and invested very well in all sectors.

Thank You Very Much for sharing your experience 🙏🙏🙏

[her_quizzeria]

Hi navdha, pls make video exclusively on govt security in detail ..tax, return etc

[pinkygoodgirl]

Don't want to say something special or new about your work. As usual great content and good presentation 🎉👍👌

[SD_]

The automation thing was dope 👍

Btw Navdha said ‘interesting’ 89 times 😂.

[rajeevkri]

His salary was pretty high with time but 7 Cr is not very good sum for someone in 50s

[guharup]

doubleclick on all of these? whats that

[EverythingwithFire]

I request that you create videos featuring individuals who have had low-paying careers yet still achieved financial freedom. With exposure to equity, anyone can make money; they just need to be consistent. In India, about 80% of people earn less than 60, 000 rupees per month, so it's essential to focus on this demographic. This will help them understand how small investments can grow into a substantial corpus.

We can learn from those who have experience managing large investments, but we often struggle to understand how to diversify with smaller amounts. Please show us strategies that can yield a return of 20-35%. Even a 20% return can make a significant difference. Many people waste their money by selling off their investments during market volatility. When faced with fluctuations, they often panic and end up losing a lot of money. It's important to understand that the market will go up and down, and we need to trust our instincts. This perspective can help motivate viewers to invest wisely.

[WalterWhite-ogwj]

If even after 10 years, his rental yield is 5% then we can guess how pathetic the appreciation would have been.

[logicsandtrolls]

aapki podcast mein aane ke lie bas 7 cr chahie kya. Mere paas 15cr pada hai. Main bhi aaonga please