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Hello Hello Friends Many people wait till they are 30, 40 or even 50 years old to start spending money it depends they feel that they are young and should save some money so that they can realize the problems of the world they should have invested and could have saved money people spend money and their reasoning behind the expenses is like tuition for kids, repair of the house, you can give some other name if in reality there are a lot of necessary expenses and after all the expenses nothing is left then nothing can be done but some money is left and still nothing is done they spend it on fulfilling meaningless hobbies like going to restaurants or buying the most expensive car in the showroom to make payment from it they grow old with nothing but money and they do not know that it can change and can save them in difficult times only a few people in the market in today's video we will talk about one of the schools it explained so easily that they say to make profit in cot you only have to study till first class That one should have knowledge of mathematics and I.
Peter Lynch, while working from 1977 to 1978, gave an average return of 2%, which is equivalent to the entire subscription of our skin. Entry was used to update his 13 years of 18000 Talk about this video, watch this video completely if you want to but till now you do not have three and then click on the link of Angel Broking, the country's largest and trusted brokerage firm on the track, open your Gmail account today by clicking on the link in the description of this video, where you will keep brokerage only in infra debt fund, that too maximum twenty rupees, such cheap rate and tasty, you will not get it anywhere else, so let's start, one of the best ways to avoid this is to start saving money while staying at home, if you are not married, you are living with your family in their house, there is food expense, means you must have understood that you should subscribe if you have a job, then you must get a subscription to your face, if you will go away from your home, half of this expenses will increase, If it becomes difficult to make ends meet, you are dependent on your parents for help.
The more you invest, the better it will be. In these investments, you can save your ₹500, ₹1000, ₹10,000, whatever amount you can afford, on a regular basis. In America, where it happens, people leave their homes and eat at home, but nowadays it is seen that young people are struggling to pay off their loans while living outside the home and want to avoid repeating this mistake and are working towards that while living at home.
You are also sharing expenses at home with your parents. According to Peter Lynch, this is a very positive development and all we can do is follow in his footsteps and keep our expenses away from buying expensive cars. He says that it is very expensive. Joe and his story is that when he gets a job as a clerk in the office, he can install cameras at home.
When he has $2000, he buys a car and He takes out a car loan for $18,000. His parents give him candy on the loan, but he has to pay 11.67 percent interest on the $18,000, so he has to pay $ 40 a month for the next five years. He makes a small payment the first month, then says goodbye to the $400, but he forgets about it when he's driving his car, and his friends call him a school car.
A few months later, the car's weight becomes a stain on his state, and when he parks his car, someone is honking. He now has another car, but he's trapped in debt. He works extra night shifts to pay for the car, which means he doesn't have time for many days. After 15 years, the car looks very old. He lent it to his people a long time ago.
He paid off the loan, which cost him an extra $6,000 in interest. This robber invested $26,000 in his car. And it takes a little more to get the toll-free insurance premium and gas. If you want, you can subscribe to it. She lives in her house and subscribes. She didn't want to buy a new car. She bought it with her savings of $2,000.
Taken for school, she bought the car with $2,000. Because she bought the car with cash, she did n't want to give any gifts. So instead of paying $40 to a finance company every month, she started investing it in the Chancellor Dr. Bhushan Fund every month. Five years later, when she was making the last payment on the interior, Kate's Bhushan Fund doubled in value.
With the doubling of the front and the constant setting of $40 in the fund, Kate had about $3,000. She also had a hotspot. She never had to worry about death or cost because she did n't consider the car a hardship. Her account is only my mode of transportation. Kate has enough money to pay for her new house and move out of her house on her own.
While she is currently with very nice people, she is going on a date. He asked for it, but she refused. He went to see a real estate agent. He should invest the money in a good friend. You have ₹10,000 and you do n't need to mow the lawn. Your money can earn ₹500, which may not be much the first time, but it does.
Investing ₹ 10,000 for 10 years and earning compound interest will earn you ₹148,000. ₹3,000 is an extract. You don't have to do anything until then. If you invest ₹10 every year in areas instead of investing in a bank, you have the opportunity to earn even bigger returns. If you leave it in these areas for the long term, on average, you will double your money every seven months.
Many smart investors have learned to take advantage of this. They realize that money is as important to their future as their own job. Warren Buffett, one of the richest people in the world, saves money and puts it into stocks. He has reached this point. He started distributing newspapers since childhood, like many children in our village do.
He used to hire dealers and at an early age he understood the future value of money. For him, buying a TV set for 40 dollars was n't a fixed opportunity. He always wondered how much $4 would be worth in 20 years if it were invested instead of spent. He would get a return. So he stopped wasting his money on those things.
If you start early, you'll reach a point where your money will work for you. It's like being rich. You don't need what you think you'll need, and you never need a birthday present. People expect to be able to go anywhere freely and do whatever they want. Money stays at home while they go to work. By that time, you should get into the habit of doing it from an early age and setting aside a fixed amount every month.
So friends, I've told you two who teaches in detail how to make money in the market. If you want to see the next part above, If so, please comment me
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