How Did He Make CRORES with a Low Salary?
Summary
TLDRIn this podcast episode, Sidharth, an engineer from a middle-class family, shares his journey to financial freedom despite a modest salary. Starting with a salary of ₹3.2 LPA, he grew his net worth to over ₹2 crore through strategic investments in mutual funds, government bonds, and leveraged Nifty positions. He emphasizes the importance of maintaining a savings mindset, disciplined investments, and the power of compounding. Sidharth also discusses his conservative approach to risk, leveraging credit wisely, and avoiding real estate as an investment. The episode offers valuable insights into smart financial planning and long-term wealth growth.
Takeaways
- 💼 Sidhart comes from a middle-class family in a tier-3 town and started his career with a modest salary of INR 3.2 lakhs per annum at Infosys.
- 📈 After switching companies, Sidhart's salary grew to INR 24 lakhs per annum, and today he and his wife collectively earn around INR 44-45 lakhs per annum.
- 💰 Despite lower initial earnings, Sidhart now has a total net worth of INR 2.1 crore, with investments spread across provident funds, mutual funds, and government bonds.
- 💡 Sidhart credits his disciplined savings habits for his financial success, never significantly increasing his spending despite salary hikes.
- 📊 His investment strategy involves 60% allocation to large-cap mutual funds, 20% to flexi-cap funds, and 20% to small-cap funds. He avoids real estate, focusing instead on stocks and bonds.
- 🏦 Sidhart has also invested in government bonds for regular cash flow and takes advantage of the interest rate cycle for capital appreciation.
- 📉 He employs a leveraged investment strategy in the Nifty Index, which he compares to taking out a home loan but with only a 10% down payment and protection from losses.
- 💳 Sidhart uses credit cards as a substitute for emergency funds, relying on a significant credit limit of INR 40 lakhs in case of sudden financial needs.
- 🛡️ He has three term life insurance policies and is planning to add health insurance once his child turns one year old, as advised by experts in the field.
- 💡 His advice to couples starting their financial journey is to explore the power of compounding and focus on increasing active income early in their careers.
Q & A
What was Siddhart's starting salary when he joined Infosys, and how did it change over time?
-Siddhart's starting salary at Infosys was 3.2 lakhs per annum. Over time, by the end of his tenure at Infosys, it had increased to 8.5 lakhs per annum.
How did Siddhart's salary increase when he switched companies?
-When Siddhart switched from Infosys to Capco, his salary increased to 24 lakhs per annum, representing a 3x increase. He later moved to his current company, Trear, where both his and his wife's combined salary is around 44-45 lakhs per annum.
How did Siddhart maintain a savings and investment discipline early in his career?
-Siddhart grew up with a savings mindset and continued saving even when his income was low. Despite salary increases, he did not proportionally increase his expenses, allowing him to save and invest more over time.
How does Siddhart's current cash flow from salary and investments look like?
-Siddhart and his wife have a combined monthly salary of around 2.65 lakhs, and Siddhart earns an additional 55,000 from government bond coupons. Their recurring monthly expenses are 1 lakh, 1.25 lakhs go into SIPs, and 60,000 goes toward a leveraged Nifty investment.
How has Siddhart's investment strategy evolved over time?
-Siddhart started with small investments, like 5,000 rupees a month in SIPs, and gradually increased this as his salary grew. He also diversified into mutual funds, government bonds, and leveraged Nifty positions, focusing on long-term wealth creation rather than quick gains.
What is Siddhart's approach to leverage in his investments?
-Siddhart takes a leveraged position on Nifty, similar to a home loan model where he puts down 10% and enjoys the gains from the full value of the investment. He uses financing at a 5% rate and protects against downside risks by paying for protection, ensuring he doesn’t lose money if the market falls.
How does Siddhart select mutual funds for his portfolio?
-Siddhart allocates 60% of his mutual fund investments in large caps, 20% in flexi caps, and 20% in small caps. He keeps his mutual fund selection simple by choosing one fund per category, focusing on performance, high AUM, low expense ratios, and management alignment with his philosophy.
Why does Siddhart invest in government bonds, and what advantages do they offer?
-Siddhart invests in government bonds for stable cash flow and the potential for bond appreciation when interest rates fall. He buys long-duration bonds, which offer better returns as interest rates decrease, and he can also pledge bonds as collateral for additional margin.
What is Siddhart's take on real estate as an investment?
-Siddhart views real estate more as a consumption item rather than an investment. He believes India’s real estate boom was largely driven by black money, and he prefers more liquid, manageable investments like equities and leveraged products over real estate.
What is Siddhart's philosophy on credit, loans, and emergency funds?
-Siddhart does not carry any loans, apart from the leveraged Nifty position, and he does not believe in maintaining an emergency fund. Instead, he relies on his credit cards, which have a 40 lakh limit, as a buffer in case of emergencies, and he can liquidate investments if necessary.
Outlines
💡 Myth Busting Financial Freedom
In this opening, the host debunks the myth that financially free people always have high salaries. Siddharth, the guest, is introduced as someone who comes from a middle-class family, worked at Infosys with an initial salary of 3.2 lakhs, and later increased his portfolio to over 2 crores despite a modest income. The podcast will focus on his investment strategies and financial journey.
💼 Siddharth's Career and Net Worth Overview
Siddharth shares that his net worth is 2.1 crore, with investments in Provident Fund, mutual funds, and government bonds. He recounts his career, starting at Infosys with a 3.2 lakh salary, which eventually grew to 24 lakhs at Capco. Currently, he and his wife have a combined income of 44-45 lakhs, and he outlines his disciplined approach to savings and investments, which was ingrained in him from his upbringing.
📈 Managing Cash Flow and Investments
Siddharth explains how he manages his cash flow and investments. He discusses how he allocates 1.25 lakhs to SIPs and funds leveraged investments in Nifty, with leftover funds used for leisure and vacations. Despite earning more over the years, Siddharth kept his expenses low, channeling increased savings into investments.
📊 Investment Evolution and Mutual Fund Strategy
Siddharth describes his early investment habits, starting with a PPF account and gradually moving to mutual funds. He admits to selling promising stocks too early but later adopted a long-term view, focusing on sustainable compounding. His current strategy includes investing 1.2 lakhs in SIPs per month, with 60% in large caps, 20% in flexi caps, and 20% in small caps. His conservative approach aims to minimize volatility while still allowing growth.
💹 Leveraged Nifty Investment Explained
Siddharth explains his leveraged Nifty investment strategy, comparing it to taking a home loan. By putting down a small percentage as collateral, he is able to take a larger position and benefit from market appreciation while minimizing risk through downside protection. This strategy, though requiring regular monthly contributions, has enabled him to capitalize on market growth.
💼 Selecting Mutual Funds with a Conservative Approach
Siddharth outlines his method for selecting mutual funds. He keeps things simple, choosing one fund per category: large caps, flexi caps, and small caps. His focus is on funds with high AUM, strong performance history, and low expense ratios. He prefers a conservative split—60% in large caps—due to his desire for steady growth over volatile, high-risk returns.
📊 The Role of Government Bonds in Siddharth's Portfolio
Siddharth elaborates on his investment in government bonds, which offer a stable cash flow and the potential for capital appreciation when interest rates fall. He discusses the advantages of long-dated bonds, how interest rate cycles can impact bond values, and the potential returns from holding them. He also explains the liquidity and flexibility of bonds and their ability to be pledged as collateral for additional margin.
🏦 Maximizing Returns with Bonds and Overall Portfolio Strategy
Siddharth continues to discuss the value of government bonds in his portfolio and how he leverages bonds to increase returns through margin trading. He estimates an annual portfolio return of 24-25%, largely driven by his leveraged positions and the recent bull run in the stock market. His strategy reflects a balance between active management and leveraging low-risk bonds.
🏘️ Siddharth’s Take on Real Estate
Siddharth shares his views on real estate, considering it a consumption asset rather than an investment. He explains that he prefers more liquid, higher-yield investments like leveraged products over real estate, which he finds cumbersome due to liquidity and management issues. He has not taken any loans or mortgages, relying instead on his investment strategies to generate returns.
🛠️ Loans, Credit, and Emergency Fund Philosophy
Siddharth explains his approach to loans and credit, revealing that he avoids debt and doesn't maintain an emergency fund. Instead, he relies on his high credit card limits as a fallback in case of emergencies, which he can quickly pay off by liquidating investments. He prefers not to lock money in low-yield savings products like FDs, focusing instead on higher-return investment opportunities.
🛡️ Insurance and Risk Management
Siddharth discusses his insurance strategy, which includes three term insurance policies with increasing coverage based on life events. He plans to purchase health insurance but is waiting for his son to turn one due to past medical complications. His focus is on securing his family’s future while managing the costs associated with health risks.
💑 Joint Financial Management with Spouse
Siddharth reveals how he and his wife manage their finances as a single entity. While he handles most of the investments, all income is considered shared. His wife is aware of the investment details and plays a role in keeping their financial strategy on track.
🚀 Financial Advice for Couples Starting Out
Siddharth concludes by advising couples to explore the power of compounding, not only in finances but in skills and knowledge as well. He emphasizes the importance of starting early, maximizing cash flow from active income, and staying disciplined to achieve long-term financial success.
Mindmap
Keywords
💡Financial freedom
💡Investment strategies
💡Provident fund
💡Mutual funds
💡Leverage
💡Nifty index
💡Government bonds
💡SIP (Systematic Investment Plan)
💡Cash flow management
💡Compounding
Highlights
Sidhart comes from a middle-class family in a Tier-3 town and started his career with a modest salary of 3.2 lakhs per annum.
Despite having a salary of less than 10 lakhs per annum for 10 years, Sidhart has built a portfolio worth over 2 crore.
His current portfolio is diversified into Provident Fund (38 lakhs), Mutual Funds (85 lakhs), and Government Bonds.
Sidhart emphasized the importance of a savings mindset and shared that despite salary increases, his expenses did not rise proportionally.
He and his wife have a combined monthly income of 2.65 lakhs, plus an additional 55,000 from government bond coupons.
Sidhart manages his finances by allocating 1.25 lakhs per month towards systematic investment plans (SIP) and 60,000 towards a leveraged Nifty investment.
Early in his career, Sidhart opened a PPF account, and as his knowledge grew, he transitioned from stocks to a focus on sustainable compounding.
Sidhart uses a leverage position in the Nifty index, similar to how people buy property with a loan, gaining significant returns with a down payment of only 10%.
He invests 60% of his mutual funds in large caps, 20% in flexi caps, and 20% in small caps to maintain a balance between returns and volatility.
Sidhart focuses on government bonds for consistent cash flow and potential bond appreciation when interest rates fall.
His bond portfolio provides a steady 7.25% coupon yield, with the added benefit of selling bonds at a profit when interest rates drop.
Sidhart explains that government bonds can also be pledged as collateral to generate additional returns.
His overall portfolio return over the past three years has been 24-25%, largely due to his leveraged Nifty position and recent bond market gains.
Sidhart avoids real estate as an investment, viewing it primarily for consumption and citing better returns from other asset classes.
He does not maintain an emergency fund, instead relying on credit cards with a limit of 40 lakhs as his safety net in case of unexpected expenses.
Sidhart encourages understanding the power of compounding, not only in terms of money but also in skills, knowledge, and experiences.
Transcripts
so a lot of you like Amit feel that
these financially free people have big
fat salaries but this is a myth and
today's podcast is an example for that
meet sidhart I come from a middle class
family in a tier3 town called I did my
engineering in 2010 after doing the
engineering I got placed in infosis
through campus bement my starting salary
was like you know as usual it goes 3.2
LHS per ANM at the end when I left
infosis I was at 8.5 lakhs perm so for
the first 10 years of his career his
salary was less than 10 lakhs perom but
as of today his portfolio is 2 CR plus
so what did he do right with his
investment we had a great time talking
to sidhart discussing his investment
strategies and the highlight of the
podcast this
[Music]
Cy hi Sadat welcome to power pioneers
and thank you for letting us disturb you
on a Saturday afternoon let's get
started uh right away you know to start
with what does your total portfolio look
like and how is it split across these
different asset classes tell us a little
bit about that as well so at the moment
my total net worth as of today uh is
around 2.1 CR out of which I would say
roughly 38 lakhs is in Provident fund
around 85 lakhish is in mutual funds and
then rest of the money is in government
bonds okay so that's how the breakup
looks like so uh tell us about your
career your background your journey so
far sure so I come from a middle class
family in a tier3 town kagar I did my
engineering in 2010 after doing the
engineering I got placed in infosis
through campus placement my starting
salary was like you know as usual it
goes 3.2 lakhs perom um at the end when
I left infosis I was at 8.5 lakhs perm
okay um and then I switched to another
company Capco at 24 lakhs perm so I kind
of 3x my salary with that switch I
worked there for 45 days then I made
jump to another company which is my
present company trer and I've been
working here since more than 3 years now
at the moment both me and my wife salary
combined if we think about we are
closely at 4445 laks per got it got it
so currently how much percent would be
your savings versus expenses versus how
were they when you started off and how
did you manage to keep that discipline
to have that investment component in
mind right so the family that I come
from we always had a savings mindset so
uh saving habit has always been there
even though when I was learning like
less compared to the market rates I was
still saving substantial part of it part
of uh reason for that is because I was
like very close to home and I didn't had
that much of expenses to begin with uh
but as my income increased over the time
you know I realized I don't need to uh
enhance my expenditure on the same tune
like I 3x my salary but that doesn't
mean my expenses should also go three
times uh so that's where these enhanced
savings or the extra savings went into
the investment route so uh to be honest
you know our cash flow looks like
something like we get around 2.65 lakhs
combined salary in hand and then I also
get 55,000 approx per month from my
government bonds coupons and then out of
that 1 lakhs are reoccurring
expenditures on the like day-to-day life
stuff and then 1.25 straight away goes
into my sip 60,000 I use to fund uh
leveraged Nifty investment which I've
done for one CR so that is used as an
Emi to that component and rest of the 30
40,000 change whatever is left is used
to fund our vacations and trips to
Hometown and those sort of stuff okay
okay so uh you know in terms of of your
say salary breakup into your investment
savings Etc how has that evolved from
you know the time that you were you know
early in your career to today what does
the breakup look like one good thing I
did is as soon as I started my career I
opened a ppf account I started putting 1
lakh a year on that which was the limit
at that point and then the limit got
enhanced to 1.5 lakhs a year so I start
putting 1.5 lakhs but as my career
progressed I got to know more about
things I started uh tingling around with
stocks I did actually CAU plenty of good
stocks which I had sold on to uh very
early like had I Hold On To those they
would have you know been multibagger but
uh at that time my knowledge was also
limited okay so then I got to know about
this sustainable compounding that's
where I started thinking about like you
know if I want to make more money versus
if I want to make like quick money so
that's where I thought like I want to
have more money so I started reading
about mutual funds and how the industry
Works what are the different uh schemes
that we can invest in I started with a
very small amount of 5,000 rupees a
month and have kept on increasing it as
my salary increased and as my like
savings increase as well at the moment
I'm doing 1.2 lakhs per month of sip yes
the leverage product that I spoke about
right so what I've done is I've taken a
leverage position on Nifty of 1 CR what
does that mean like taking leveraged
position on nift so right so U think it
like how people usually buy home right
so if let's say you want to buy an
apartment of once year right as of today
uh what most of the people do is they
put down a down payment of 15 to 20%
depending on the price of the home so
let's say 20% 20 lakhs and rest of the
money people take as a home loan right
80 lakhs so you don't have one CR but
you have purchase a property of one CR
right correct so if the property
appreciates tomorrow let's say it goes
to 1.5 CR right so you had an
appreciation of 50% on it so 50 lakhs
but if you think about your money that
you had put in you have only put in 20
lakhs and then let's say some change
over the let's say one two years as a
Emi right so you still wouldn't have
paid like more than 35 lakhs at Max
right so on that 35 you still have your
35 with you and after paying off the
loan you have 50 lakhs of gain so you
have been able to make that more than
100% in real terms return based on your
deployed capital on the same way what
you can do is you can take a leverage
position in Nifty and the good part is
you don't even need 20% down payment
there you can only do that with 10% down
payment and uh the financing rates are I
think the cheapest in the world it's
only 5% on an average so if the Nifty
goes up I get to enjoy that gain and
then I have also spent 2 3% extra as
buying the downside protection so that
if it goes down I don't lose anything
but to sustain that position I do need
to put a money every month so that when
I roll it over for next months or next
years I have that extra money which
which is required to roll that position
over interesting so that's that's on the
uh leveraged trading part so you know in
mutual funds right there are n number of
mutual funds how did you pick yours and
U is there any framework you follow when
you pick mutual funds so I I like to
keep it like in the terms of percentages
so of let's say of all 100% of my mutual
fund 60% is invested in large caps okay
uh 20% is in flexi caps uh and 20% is in
small caps in terms of number of mutual
funds I try to keep it very simple so
each category only has one mutual fund
so on the large cap I stick to nifty 50
Index Fund uh which gives me enough
diversification as I need to and
tracking also is very n minimal on that
for the flexi cap and the small cap I
try to focus on the funds with the
regular performance and the High AUM and
the lower expense ratio and I also read
about the management like how the fund
managers are talking in the public like
what's the thought process does is it
aligning with my thought process or not
okay okay and the split of keeping 60%
large cap and lower in flexy and small
given that you are investing for long
term how how did you arrive at this kind
of split to be honest I'm a very
conservative guy I can take less returns
but I cannot take a dent in my overall
net worth I don't like that and I think
nobody likes that to be honest so that's
where I thought you know large caps are
usually the ones which are like safest
among the three so small caps will give
you higher returns but they also have
high volatility at the end of the day
that's where I thought you know I don't
want to take that much of a beta risk or
volatility in My overall Network so I
thought I'll assign a little lower
percentages to these flexi cap and the
small cap and flexi cap to be honest is
more of a experimental category for me
you know like if because if you think on
my overall Network it is pretty flexy
cap in that sense right uh but just to
see like how the flexi performs in the
different Cycles so that in tomorrow if
I don't want to take off any pain of
managing anything I can just assign
everything to flexx cap and see how it
behaves and that's where you know those
categories show up in my like strategy
okay got it and then the second part of
your portfolio big part is government
bonds very curious about that because I
want to understand a what is the returns
that you can expect and what is the
process of flying for government bonds
it's not as easy as mutual funds as I
understand so Focus through that as well
so there are two reasons why I invested
in bonds one is you can have funds in
equity and everything but they don't
generate cash flow per se right so I
wanted a consistent cash flow to gives
me a stability and then second part is
as the interest rate are on the higher
side at the moment U I'm trying to play
that interest rate cycle as well so when
the interest rate goes down your bond
appreciates in the value so if you had
invested th000 rupees in the bond and
interest rate goes down your bond can
give you M2M profit of 10 15% based on
how the interest rate has fallen okay
and it can goes other way also so that's
a risk but U you know I've taken a
considerated bet considering the
interest rate are going to go down from
here they are not going to increase um
now coming on how to select the bonds so
usually longer dated bonds like the
bonds which are maturing like you know
farthest are the ones which gives you
Max profit on the interest rate fall so
I'll give you one example right I have
invested in a bond called 725 GS 263 so
every year for one Bond I have in my
account I'll get 7 r25 PES as the coupon
payment now that cpon payment gets split
into two parts so one comes in 6 months
another one comes in another 6 months so
I'll get two times 7.25 divided by 2 for
each bond that I hold so that
essentially means if I buy the bond at
100 rupees my effective yield is 7.25
which if you calculate in xir because
you're getting like semi anually your
xir would be even 0.25 extra so that
would turn out to be 7.5% of xir when
the interest rate going to fall down
this 100 rupees Bond would easily sell
for 105 110 depending on how the
interest rate is if it is very lower
like how we have been in the past during
Co time this Bond would easily sell for
like 110 to 115 so I would make 15 or 10
Rupees profit on that plus I have
enjoyed the cash flow and on the
maturity government will take the bond
back from it and give me my 100 rupees
back got it that is how it works and
from buying perspective you can buy them
on the secondary Market how you buy the
shares so ncbc they both have those
bonds so there is liquidity comes at the
maturity but then uh because you can buy
and sell so there is like like another
way so usually the bonds which are
maturing every 10 years so like this 20
53 63 73 U like same way like 43 33 they
are they have pretty good liquidity okay
okay and then there are certain bond
which don't have that much liquidity but
still let's say even if you have to take
one 2% of a cut in terms of return and
you want to sell it people will buy it
because they're getting one extra perc
of a year another good thing of the
bonds is you can pledge them but that
means is like uh collateral like for
example let's say you have a gold right
you can give gold to the bank and they
can give you loan same way you can give
your bonds to NC they will take a 10%
haircut Bond will remain with you they
will just have a pledge on it which
means you cannot sell it without un
pledging it first so you have to request
for an unpledge once your positions are
closed then you can sell it so it takes
roughly one day to do that but the
margin that you get 90,000 of one on one
lakh bond that margin can be used to
manage other positions so you get your
returns from the bond and then you can
use that margin to extract 3 4% extra on
any year so in turn if you think right
you can make 12 133% extra easy but that
does require an active active approach
on that right right so overall like
what's the portfolio return that you
would so uh like I have started
calculating xir on my overall net worth
from past three years itself so I was
not doing it before that but I have
started maintaining a monthly sheet I'm
currently clocking it somewhere around
24 to 25% of xir which I think is
phenomenal part of it is because of that
leverage position that has played a very
good role um another thing is bonds have
also appreciated quite a bit in last 3 4
months and we all also had like a dream
run of our Equity right in the past
couple of years the Bull Run has yes so
that has contributed a lot as well no
that's that's uh great and um I I
observe you you didn't mention real
estate in your portfolio what's your
take on real estate as an investment to
be honest it's the most controversial
thing when you think in terms of
investment right so to me real estate is
for consumption not for investment you
know we had dream run of real estate in
India because of black money that's my
personal take on it I to be honest have
not decided where I'm going to settle
down so there's no point on having a
real estate here and then trying to
manage it from Delhi or chandigar and
then liquidity is another problem right
and then since I have a better
proposition compared to it if I have a
real estate worth of once year I can
have the same like over the leverage
product and I can pay the like just 2 3%
yield on the rent so like that does not
make sense for me to buy the real estate
at least at this point so then I assume
uh no home loan so far any loans how do
you how do you approach finances and
credit and loans I do not have any loans
I do have this leverage product which we
spoke about right so which sort of works
like an Emi but it's not essentially an
Emi if I want to close it down tomorrow
going into your investment correct and I
can close it down it's like it can be
closed on like one click of a button
right second thing is I even don't
believe in emergency fund like that's
another unique thing which we'll find
right because I have plenty of credit
cards right they have a credit limit of
40 lakhs so I don't think I will have an
emergency which requires me to spend
more than 40 lakhs in a day and if it
does there is a credit limit of like you
know 40 days I can always liquidate my
investment bring that money back to pay
at my credit card but that's where I
feel you know my credit cards are my
emergency fund why do I need to have the
money logged in in FD or a low yeld
asset for that oh that's that's
interesting I think also um because you
know debt to there's fixed return even
if market today goes down right you'll
still have some asset that's you're not
taking it out at a loss I'm actually the
happiest person when the market goes
down I get to buy them cheap so uh I I
rejoice when Market Falls uh since we
were talking about emergency fund I
think um insurance is something that you
know I usually talk a lot about because
personally I feel we are just one
medical bill away from losing all our
money what's your take on insurance have
you planned for that uh in your
financial Journey um absolutely so I do
have a life insurance at the moment I
have three different policies uh the one
policy I started uh which has a cover of
roughly 70 lakhs when I started my job
uh second policy worth once year I
bought I was married like I just got
married and the third policy I bought
before our kid was born but I am
planning to buy a health insurance of 50
lakhs plus as well but I'm delaying it
until our son turns one there is a
reason you know because he was in NICU
when he was born so like my friends who
work in that industry have told me you
know if you have a claim in one year on
the kid usually the insurance company
deny it saying that you know you had a
pre-existing condition okay and these
life insurance these are term insurances
these are the all three of them are term
insurances got it understood uh one
interesting thing that that I always
like to ask to couples you are a dual
income couple how do you manage finances
so to be honest we don't manage finances
we consider them as one single entity so
everything which comes into the table is
ours to consume and ours to use and it
has been bought by us so everything is
combined and it is used as combined but
in case you interested in details um I
do all the expenses from my salary
whatever whatever expenses they are and
rest of my salary goes into investment
and all of her salary goes into the
Investments okay okay and that's the
joint investment portfolio that you have
so most of the um Investments are
managed by me uh she is aware of all of
them so that in case you know something
God forid happens she's aware of what is
where and how to use it but the only job
for her at the moment is to make sure
that I stay a course I don't like you
know deviate from the plan right right
understood we'll wrap on this note and
final you know if there is a couple in
in a Metro city planning for finances
what is the advice that you would give
to them who are just starting out on
this journey I would say you know
explore and discover the wonders of
compounding that will initiate the spark
in you and also to pinpoint right uh
compounding doesn't only work for money
it works for your skills it works for
your knowledge it works for your
experiences as well right so uh it is a
journey in itself right so once you
understand the compounding phenomena you
will realize you know like I have wasted
some time of my life where I did not
knew and worked on the compounding part
of my things so uh start early obviously
right and try to increase your cash flow
when I say cash flow FL primarily from
your active income try to increase it as
much as possible especially during the
first initial part of your career right
because even the sub average Returns on
an absolute level are way way bigger
than what average people are doing out
there so like you know stay disciplined
and persistent that that's what I would
say great uh I think that sums it up
beautifully thank you so much
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