Watch Part 1 to learn about Corporate Finance terms:
I use Zerodha for investing and trading. And, love the platform!
You can use this link to open a Zerodha account and start investing:
Recommended books:
MicroEconomics (Varian):
MacroEconomics (Mankiw):
Psychology of Money:
___________________________________________________
If I ask you, do you want to become rich or wealthy, which one would you choose?
To make a choice you first need to have a clarity about both the concepts – being rich means earning lots of money but being WEALTHY means sustaining that stature of richness.
Now your next question would be – how to become wealthy?
To become wealthy, you should invest in what are called ‘assets’. In this video, I tell you the different kinds of assets available and which one should you prefer.
(I also give a hint on how should you go about investing – so do watch till the end 🙂 )
0:00 You won a lottery!
01:45 Decide your goal
02:35 Become wealthy – assets vs. liabilities
04:18 Different types of Assets
08:20 Tips
This should provide some clarity to help you manage your personal finances better!
If you want me to cover any particular topic, do comment below. I will definitely cover that in my future videos. 🙂
**********************
Check out these mini-courses:
A mini-course on Networking:
A mini-course on Negotiations:
____________________________________________________________________
I provide tips on how to grow professionally! Follow me on other social media channels:
Instagram:
LinkedIN: linkedin.com/in/akshat-shrivastava-3375b018
***********************
Attributions:
Stock videos from Pixabay and Pexels
I use Zerodha for investing and trading. And, love the platform!
You can use this link to open a Zerodha account and start investing: https://zerodha.com/open-account?c=ZMPGQS
Recommended books:
MicroEconomics (Varian): https://amzn.to/3yTObB6
MacroEconomics (Mankiw): https://amzn.to/3pj4VgL
Psychology of Money: https://amzn.to/3wPsuAe
Love all your videos. Love to learn always
The returns in each category should be calculated after expenses(brokerage, transaction charges etc) , Inflation and tax implications and risk /reward , liquidiuty and just not inflation
I came across your videos very recently and it impressed me a lot.
1st thing I give up my uses of credit card
2nd I am thinking of giving up Netflix
Cant follow your videos too difficult not for me
sir one request , i am educated but my father is farmer but he invest in mutualfund , kindly make videos in hindi that how we can educate them that stock market is no gamble , please make a series please please sir, humble request ! it would be easier for him to understand in hindi
Sir please make video on Crypto
I have an overdraft with debit balance of Rs. 6 lakh. My net monthly salary is Rs 70000 presently. How do I slowly reduce my OD limit. I am unable to do it .I have savings of around 12 lakh and I don't wanna break them and put in the OD directly.
Elaborate on taxes we have to pay for profit earned in stock market.
You should have spoken about gold. Gold can be liquidated. Indians go crazy on gold purchase.
Your lectures are very easy to understand and good knowledgeable. Please give us more lectures
very good
Thanks Akshat!! Loved your simplicity ❤️
Could you please create a detailed video on personal financing, allocation etc or a small course?
Thank you so much Akshat sir.
To be frank, before going through this video my ultimate goal is to be rich and now I had found where the loopholes is ! Thanks Broda.
very easy to understand .. you've made finance so simple .. I always understand very little when it comes to finance and my family never has the patience to help me understand rather I am called dumb and stupid ..thanks
Nice video. But let me talk about something important, I see a lot of young and old making mistakes that I think shouldn't be. I think everyone, young or old, should have an investment plan that increases their financial return by three to six figures. The investment can be your retirement plan or your future plan, whatever it was you wanted, but what matters most is that you have a profitable investment.
Not me thinking that food is a liability 😂
Great Explanation 🏅🪔
Hi Akshat…Thank you for such useful content.. Can you make a video on how much in each asset we should keep, like real estate, gold, stocks , etc.
Apart from Zerodha, what is the best pick?