Artikel Terkait bmw ppf

BMW Shorties celebrates local film makers with Tayangan BMW Shorties event!

It has been 13 years since BMW Malaysia started their annual BMW Shorties Award to support local film

80 Malaysians bought a BMW M last year, BMW Group Malaysia sold 9,890 cars in 2020

BMW Group Malaysia ended 2020 with a total of 9,890 BMW and MINI cars delivered, down 5 percent from

BMW Z4, prices confirmed for Malaysia, RM 479,800

; from the BMW 315/1 up to the second-generation BMW Z4 Roadster.

BMW owners upset that they still need to pay for their cars, no 6-month moratorium by BMW Credit Malaysia

BMW Malaysia recently communicated its chat service as a way for customers to reach out to them during

Owner Review: Alternative to Uncle's Car? - My Process of Owning & Refining the BMW 320i

, a 2016 BMW 320i LCI Sport Line.

The South African E23 BMW 745i was the BMW M7 most didn’t know existed

BMW 1M, M1, M2, M3, M4, M5, M6, and M8. See what number is missing there?

This is the new, transparent BMW logo

BMW is rolling not just a new design for its signature kidney grille, but also a new logo.The current

BMW Malaysia introduces CKD 2019 BMW X3 M Sport

It’s a very sporty month for BMW Malaysia as they launch yet another M Sport equipped car - the

All-new BMW X6 M and BMW X6 M Competition unveiled

In an era when SUVs are booming and cars’ performances are continuously rising, BMW M GmbH has

BMW M8 and BMW M8 Competition revealed

Another week, another new BMW M car.

Lihat Lebih

BMW 320e and BMW 520e make global debut, new entry-variant PHEVs with 204 PS/350 Nm

slim-to-none chance of being launched in Malaysia.BMW Group has announced new plug-in hybrid variants for the BMW

BMW Malaysia drops 2021 BMW i4 teaser, 530 PS sedan launching in Q4

Well, it seems like BMW Malaysia is charging up its EV game, as they have begun teasing the 2021 BMW

BMW and MINI owners can now renew their insurance with BMW Malaysia online

BMW Group Financial Services Malaysia introduces the i-Renewal digital service for the BMW MINI Comprehensive

Next-gen BMW M3 and M4 discussed by BMW M Head of Development

With the upcoming 2020 BMW M3 and M4 set to launch in Sept, BMW is slowly trickling info to set tongues

BMW sends off the last BMW i8 in an exclusive Portimao Blue

BMW announced last year they will be discontinuing their hybrid supercar, the BMW i8.

BMW M unveils the all-new BMW X5 M and X5 M Competition

BMW M has introduced the third generation all-new 2019 BMW X5 M.

BMW Malaysia introduces new Door-to-Door service

BMW Group Malaysia has a new service for all BMW and MINI car owners!

Behold the BMW M8 Gran Coupe, BMW M is on the roll

Now the BMW 8 Series is even more powerful!

BMW X8 M to be the most powerful BMW yet; plug-in hybrid, over 700 PS

Rendering by X-Tomi DesignYes, the BMW X8 is happening.

BMW Malaysia updates price list for 2021, BMW 320i cheaper by RM 1,911

BMW Malaysia has released the updated price list for 2021 with a few notable changes.

Malaysia-bound BMW i4 debuts with first all-electric BMW M performance model

the final specifications (international markets model, local specifications to be confirmed) of the BMW

The one problem with the G20 BMW 3 Series that BMW needs to fix

There is no doubt that about the BMW’s superior dynamics, which is far ahead of the Mercedes-Benz

There is nothing more personal than BMW ConnectedDrive

car to lower the air-conditioning temperature, but have you tried ordering chicken rice using your BMW

You can now buy a BMW without visiting a showroom, just go to BMW Shop Online

Group Malaysia, which just launched its BMW Shop Online - a digital showroom to view and place a booking

BMW commemorates the discontinuation of the BMW i8 with 18 custom-built units

As you know, BMW has officially discontinued the BMW i8.

BMW M4 Gran Coupe might be happening but the BMW i4 has more power – 530 PS/813 Nm

Rendering by zer.o.wtThe BMW i4 has been confirmed a while ago and recently, Autocar reported that the

BMW Malaysia launches AR feature for 2020 BMW X5

Last month, BMW Malaysia launched the 2020 BMW X5 plug-in hybrid vehicle (PHEV) in Malaysia and it costs

Ex-BMW Chief Designer grills the BMW 4 Series grille. But should you care?

some of his most seminal work and comments on the work of others.His latest video takes a swing at BMW

All-new BMW M3 caught undisguised

Instagram photo by Imran A.Here’s the upcoming BMW M3 codenamed G80.

All-electric BMW 5 Series coming soon as BMW ramps up its electrification line-up

BMW 530e PHEV shownAt BMW Group’s recent Annual General Meeting, the German carmaker announced

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Video Mobil Terkait bmw ppf

  • Bmw Ppf -PROTECTING My New BMW M3 Competition! The Best PPF At Topaz

  • POV - BMW 335i Front Bumper Clear Bra Installation Using XPEL Ultimate Plus PPF!!

  • DETAILING BMW E39 M5 | Dry Ice Cleaning, Paint Correction, PPF, Ceramic Coating, Interior,the Works!

  • Demonstrating Self Healing PPF On A Brand NEW BMW

  • Full Car AEGIS Paint Protection FIlm, Self Healing Against Scratches | Brotomotiv Pune

  • Bmw Ppf -BMW 7 Series Hood PPF Wrap - Oversized Hood - No Stretching - No Pull Marks

  • 2022 BMW X3 New Car Protection Detail | PPF | Paint Protection Film | Window Tint | Install

  • Bmw Ppf -XPEL Paint Protection Film (PPF) And Gtechniq Ceramic Coating Installed On My BMW M3!

  • The Full PPF Install : BMW M5 . Clear PPF, Black PPF, Coating

  • Paint Protection Film | Windshield Installation On BMW | Self Healing PPF | The Detailing Mafia

Review Post bmw ppf

BMW 4 Series M Performance with PPF installed to the bumper, half bonnet, side skirts, front and rear wheel impact areas, luggage area, and door handle inserts! ✨ https://t.co/jMgdMEvKRq

Pretty much perfect BMW 1M. Fully detailed. XPEL PPF flawlessly installed to entire front end, sills and rear bumper. Gtechniq Crystal Serum Ultra locking in gloss everywhere else. Lovely! https://t.co/MzUT3QBcBc

Headlights and Rear Lights tinted on this BMW M2 #tintwrapprotect #headlightstint #rearlightstint #bmwm2 #xpel #ppf #vehiclecustomisation #twp @tintwrapprotect @BMW @XPEL_UK @XPEL https://t.co/A0HDmP7qYv

The first place to take your brand new car? Straight to DC Clear Auto Bra for #XPEL Paint Protection Film! #dcclearautobra #bmw #teamxpel #ppf #paintprotection #dc #dmv #maryland #nationalharbor https://t.co/04RISQv5Uk

Wednesday’s trip to Lincolnshire to protect the front end and side skirts of the lovely BMW E92 M3✨ #prideandjoy #prideandjoypaintprotection #prideandjoyppf #ppf #paintprotectionfilm #mobile #bmw #e92 #m3 https://t.co/5ydbA1DMlx

SatinGuard ppf installation onto this Hockenheim Silver BMW M2 CS. The most seamless application with the best satin ppf. #bmw #bmwm2 #bmwm2cs #satinguard #satinppf #bimmer #bayareappf #premierprotectivefilms https://t.co/FNiu8VFYIU

Protected with our premium self healing ppf #bmw #M3 @ShirazSABeemer @bmwblog https://t.co/5VXfA60bi7

Dravit Grey BMW M340 after lots of @XPEL PPF and Gyeon coatings 😎 https://t.co/UL8JneAjh6

2020 BMW M2 Competition gone 20% all around, hit me up for all your tint/wrap/PPF needs today! 📲 https://t.co/8cet0T9rmk

Front-End Paint Protection Film: Applied 💪🏻✅ (San Marino Blau - AC Schnitzer M850i) #APMCustoms #PPF #BMW https://t.co/dttttC8p5y

Review Q&A bmw ppf

What personal finance tips do you have?

Banking & Financials Tips 1. ,Consolidate, your savings into fewer bank accounts and reduce administrative work. (Max 2 -3 Accounts). It is difficult to maintain different accounts and helps to simplify your financial transactions and easy to monitor. 2. ,Do not use credit cards,. Use only debit cards. 3. ,Donate, and spend some money on the needy ones, Bharat ke Veer, Orphanages, Old age homes. Do not rely on NGOs. Try only Government approved NGOs. 4. Take a, term insurance, for 50 lakhs to 1 crore depending on the requirement. 5. Invest 1-2 lakhs in Voluntary Provident Fund (,VPF), to take benefit of the Income tax rules (80 C). 6. Public Provident Fund (,PPF), is also a good option for investment. You can have direct control on your money. Whereas PF/VPF are managed by PF office / PF Trust, headache while changing companies, Transfer of PF amount. 7. Do not bargain much with street vendors, as their livelihood is dependent on the selling. 8. ,Track all your expense, using an App or an Excel, it will help you to monitor and reduce excessive spending. 9. ,Do not buy Expensive & Branded Items,, Instead try an economical & conservative brand which serves the purpose. (IPhone, BMW/Audi/Jaguar or any other expensive Cars, Branded Apparels, etc). 10. ,Do not take home loan for more than 30 lakhs,, this will reduce financial stress and pay off within 5-10 years and make yourself debt free. 11. For next Home purchase save first and then plan for buying. 12. ,Question the need to have a car., An automobile may be one of the most expensive things you own. If you own a car, write down all of the costs of your car: insurance, maintenance, fuel, oil, payments, cleaning, parking, taxes, and unexpected repairs. Add to this total the opportunity cost of sinking your money into a car--what could the same amount of money you paid for your car earn if it were invested? 13. ,Become Debt Free: ,Debt doesn’t just cost you money, it also makes life more complicated. Not only do you have to spend more time paying bills, but multiple debts are serious sources of stress. Think of it this way: Each debt that you eliminate takes out one complication in your life. 14. One of the very best ways to simplify your financial life is to become ,debt free,. It won’t happen overnight, but just establishing a plan to make it happen can go a long way toward simplifying your life. 15. ,Cut Out Any Services You Don’t Need or Regularly Use: ,You probably pay for subscriptions and services that you hardly use. By eliminating them, you will simplify your life and remove yet another payment from your budget. The fewer payments you need to make, the simpler your finances will be. 16. ,Cut Down on Your Goals: ,It’s important to have goals established to achieve important milestones in life. But you probably can’t successfully manage more than one or two goals at one time. In fact, multiple goals can spread your efforts in too many directions, and cause needless confusion. 17. ,Create artificial scarcity., This is more commonly referred to as “pay yourself first.” The theory is to automatically transfer a portion of your income to savings and budget on the rest. Basically, it is prioritizing your goals. The theory is great, as long as you actually spend less than your earn. There’s no reason to pay yourself first, if you’re going to overspend and continue to plunge into debt. When done correctly, though, this ensures you’re accomplishing even your “boring” financial goals. 18. ,Simplify your investments., If you can’t provide a quick summary of what your investing in and how it works… you shouldn’t be investing in it. You don’t have to become a financial planner to know the basics of what your money is doing. And, yes, you can simplify, while still maintaining diversification. The two aren’t mutually exclusive. 19. ,Create a list of everything you own., Creating the list, itself, isn’t simple. Actually, it’s pretty hard. But the process of creating this list is sure to stimulate a quest for simplicity. It’ll be a wake-up call to consume less, spend less, and own less. 20. ,Plan ahead your purchases, – Helps you in not getting distracted, avoids multiple trips, avoids wasting money on transportation. Always carry a list when you go out for purchase. 21. ,Streamline your Grocery Shopping,. Use groceries which can be used for multiple purpose / recipes. Shampoo which can be used for hair & Body wash as well. One product which can be used in number of different ways. 23. ,Streamline routines ,– use less expensive beauty products. 24. ,Go generic ,– Don’t buy branded products as they cost a lot. You are paying excess money for the Brand value & not for the product actually. 25. ,Go for Used Items / Second Hand, – Try Apps which lists second hand items. Remember New Goods will lose so much value (depreciation) in the beginning. 26. ,Bills, – Pay in advance to get the discounts. 27. Cut down on ,Electricity,. 28. ,Do not upgrade your Phone frequently,. Your existing phone will serve good enough for long time – Technology keeps changing fast. 29. ,Adjust your Data Plans, – Use a Prepaid Sim which has better & cheaper Data plans. Use less pixel option on YouTube Videos this will save you data. Ultimate objective is to watch the video and get the perspective. 30. ,Transport, – Use Public transport instead of Car, Walk for shorter distance instead of Public Transport.

What is your review of MINI?

MINI is a good car because BMW have bought the rights to the marque from Rover and ,carzshield, have provided ,best car paint protection, ( PPF ) on it.

What are some financial challenges one should plan for as an expecting father?

Yuvraj Metrani, thanks for A2A. I am not a father. So, i will answer it as a son. Presume i am your son. I would want proper food - milk, powder, medicines, supplements, etc. I would be pooping all around, i need diapers, drinking mugs and toys. From 0 to 19–20 years of age i will be constantly growing, growth spurts, especially around the 10th Standard, so i would need many many many clothes. I would need AT LEAST couple of clothes for each day and each season. As i will be growing up, i would party every year on birthdays, i will be going to my friends birthdays, i will read and write and develop hobbies. You would obviously ensure i get best of tutors, schools, and colleges and clubs. I would need travelling expenses, possibly a vehicle of my own - which mean i would need medical cover insurance, health insurance. You would obviously invest in my name because its good for both you and me (PPF for me from 1 year of age - so you enjoy tax free investments till I get 16, after which you renew my PPF account). I would like to go out on movies, start partying with friends. You would be an awesome dad if you be more like a friend to me. As far as expenses are concerned i would not want to bother you because you will do the best for me. And, hopefully, your real child will also understand this. (This is highly subjective - think of it like a BMW and ALTO, both will transport but the cost difference is huge. So where i may spend 1 lac in my wife’s delivery you may get the same job done in Gov. hospital for free and even get the Gov. money for using public services) Hope this helps!

Do women make better investors?

It all depends on the person in consideration , some will agree and others might disagree. Deciding factor :, 70% people will take a first hand example of their parents to see what they did. If they made a wise decision together then its all well set but if its the other way then it will cause an affect on him or her. Considering myself !, I will agree with the above question. Allow me to share my story :, My dad works for the defense and mother is a housewife who hails from a family of bankers, I have been brought up by a super duo I must say. My parents had a very humble beginning which started with my mom living in our ancestral village for three years as dad was in training and later he took mom with her once he was commissioned. Two years later they were blesses with a baby boy (Me), and we used to live in a shared quarter as dad was not allotted a proper house. My dad being the eldest one has a responsibility of 4 people including sister and three younger brother. He always did the best of all that included in her getting married and all the three brothers are settled now but in this process he mostly drained out his PF savings which was all he had that time. In early 2000s, dad was free from all the responsibilities and as I was getting older he started focusing on me. They started focussing on investing as they knew inflation will eat up their savings which are already minimal & they are the most frugal people I have seen in my life. And I am lucky that I inherited that nature from them which made me understand the value of money early in life. Anyway, so my mom consulted her parents and at that time the FD and RD rates were 10% plus. ,So they started with : Debt (PF + FD) Real Estate (Plot) Also I have taken my mom taking charge of it all and managing the finances and investments of how and where to invest. But they made a small mistake, never got into Equity. Learning from their mistakes and not having any major responsibilities, I started keeping 70% portfolio in Equity MFs and the remaining portfolio of 30% in Debt. Anyway, coming back to the story in which they continued to ,invest in the same instruments : EPF PPF Real Estate FD These itself reaped them a corpus which they were not even expecting as he will be having a pension of Rs 50,000 per month. He is still investing and saving atleast 50% of his salary which I feel like is not required as he is going to retire in the next 7 years, but he insists on creating an estate wealth which will basically act as an emergency fund for the next generation to come. After I calculated it all , his Networth will be 2.5 Crores(including real estate) in the next 7 years if he will keep on investing with the same pace for which he has asked me to create a retirement plan as well. You can check the plan here : ,How my dad got rich from debt instruments ,? His all time goal is to buy a luxurious car : BMW or MERC or AUDI once he retire and I am saving up to make him achieve this goal so that he doesn’t have to touch his instruments. Please upvote as it will mean a lot to me. Feel free to contact me in comments or my email in ,profile, . You can also join my page “,Jago Niveshak,” with 2.3k+ followers for daily content on finances that includes real-life stories. Continue Reading

What is your salary? Are you happy with it?

What is my salary ? I am a Youtube Growth Consultant and also own a few channels. Cumulatively, All the channels that I manage, get around 10,000,000 views per day. I have managed channels which get much more views than the top Indian Youtubers like Technical Guruji, Mumbiker Nikhil, BB Ki Vines, Carry Minati, etc. I earn anywhere from INR 4 - 8 lacs a month depending on the views and CPM that my channels get for that particular month. How do I spend it ? I don’t have a budget/plan that I stick to. At times I spend just INR30K in a month and at times my expenses shoot north of INR5 Lacs in a month. Travel : ,I travel extensively. I have covered almost all the states of India and a couple of foreign destinations. Every now and then I like to get some adrenaline rush, so have done SkyDiving, Bungee Jumping, Ice Skiing, etc. Gadgets : ,I spend a lot on gadgets. iMac, MacBook Pro, iPhone Pro Max, Apple Watch, AirPods Pro, DSLR, GoPro, Mavic Air Drone, Bose SoundTouch20. I have it all. I try to justify the spendings through the nature of my work, i.e., Youtube Videos. Cars : ,I am quite fond of cars and own a Ford EcoSport Titanium and Mahindra Thar 2020. Planning to buy a BMW X1 by the end of 2021. Investments : ,I have purchased land in my hometown and have also invested in PPF, Mutual Funds and Stock Market. Have also invested some amount in the form of Gold. I used to trade Bitcoins, but not anymore. I also invest in Digital Businesses like - Blogs, eCommerce, Digital Marketing, etc. Am I happy ? Yes, I am happy. But I want to grow more. I don’t want to be filthy rich, just financially independent. I want to hire/work with more and more people and help them to excel in their lives. It gives me immense happiness when my team-members whom I have groomed, do good in life, even if they have to leave my organisation for that purpose. In case you are looking for consultancy to grow your Youtube Channel or looking to start a new one, feel free to connect with me. Instagram : ,https://www.instagram.com/iajaysinghbisht/ Whatsapp : ,wa.link/ralmsk Email : iajaysinghbisht@gmail.com

What do wealthy people know that the poor don't?

Disclaimer : ,I am 24 years old and have planned to retire by the age of 45 years old. What poor people think is wealthy people are those who have more than enough money to survive on but from my standing point of view, wealthy people are the ones who allow money to work for money with the help of compounding and also they have more than sufficient time to spend with their family. This post if for each and everyone as you may see people of both types in and around you, be aware (I am taking inferences from a short movie I have seen on you tube, the link will be at the end): Mr Bachatlal ,: He is a very conscious spender along with being hard working and hence he believes in saving money instead of spending it. Allow me to recall, he believes in saving and not investing. When he was 30 years old and was married with a boy, he saw a house which was worth Rs 50 Lakhs and he liked it very much. So they started to save for it for the next 20 years at a rate of 30% per month. And finally after all the frugal living he has accumulated a whooping Rs 50 Lakhs , so they went ahead to buy the house. There’s a small problem now ! They cannot buy the house because they never took inflation into account and hence the current price of the same house is around 80 Lakhs. A simple investment into Equity & Debt would have helped him !! Mr Kharchalal, : He is a businessmen and the kind of person who believes in live today and save later. So he has the best of all , he has bought the house for Rs 50 Lakhs along with branded clothes and everything top notch quality on EMIs. He is paying a certain amount every month for these Liabilities because he thinks materialistic things will give him family happiness. Now one day there was a market crash and his business was really affected due to it , because of which his condition became hand-to-mounth. He was not able to pay the EMI’s of the things and after an year everything has been taken or impounded by the Bank. Everything was short lived for him and it will become very hard for them to adjust to the low life as they are used to the hi-fi life now. A simple insurance would have saved him from this !! Mr Abhishek, : He did his research and met a financial planner for his goals like buying a car in x number of years and then a house in another x number of years. The goal planner suggested following : Emergency Fund, : He has to save atleast 6 months or max 1 year of expenses in Liquid Debt Fund or Fixed Deposit which will not be touched anytime. (Let’s assume INR 5 Lakhs in an FD ) Term Insurance, : He has to calculate an amount which will help his family in case of any problem or disability due to which he cannot work any further but the expenses will keep increasing. (Ideal rate is 1Cr to 2Cr of Term Insurance with low annual payout). But do remember that you have to take all the loans into while deciding the final amount. Health Insurance, : He should get a family cover or floater plan apart from what company is providing. The above three things will act as a moat to protect the wealth empire you are about to build after wards. Car, : He wants to purchase a BMW which will cost him INR 25 Lakhs in the next 8 years, so he was suggested to buy NIfty50 & Sensex ETF Funds with an aim of 10–12% ROI pre tax returns assuming the inflation will be 6% average. Children Education Fund, : He still has at-least 18 years as he just got married and expecting a baby after a few years and was directed to buy Nifty Next 50 & Motilal Oswal Nasdaq ETF with an aim of 12% ROI pre tax returns assuming the inflation will be 6% average. House, : He is planning to buy a house in his old age near 50s as he wants to take benefit of the HRA factor from the company which will help him to reduce tax. He was suggested to buy a mix of large-cap, mid-cap and small-cap fund in a ratio of 20–30–50 for a goal amount of INR 1 Crore for an independent house in a peaceful area with an assuming ROI of 10–12% pre tax returns with inflation at 6% average. Retirement Fund, : He has another 30 years to retire and is planning to retire early in the next 20 years or so if he has saved enough. He wa suggested to keep this as a mix of equity and debt fund with 80–20 exposure which will be revised in every 5 years and will be 50–50 eventually. Debt funds will be covered by the EPF and PPF as the money will be tax free with an ROI of 8% which is 2% above inflation. Equity funds will be a mix of ETF, MF and REITs which will be taxed with an ROI of 12–13% average pre tax. Inheritance, : Anything like Gold, Silver, Real Estate and Money will be moved to the generation wealth and will be engaged in a SWP in case of cash for an ETF or Small Cap & Mid Cap mutual fund. Choose wisely and do your calculations before concluding anything. Equity can be very volatile in short run but will be very helpful in long term. *Retirement Fund planner Bottomline : ,Wealthy people are no different than anyone but the only difference is they take calculated risks instead of blindly believing in luck. They hire people to do their job because it can cost them more money than hiring someone experienced Popular on Quora : ,This is my plan to retire at the age of 45 Please upvote ,as it will mean a lot to me. Feel free to contact me if you want a goal based planner free of cost , just drop a query at my email in ,profile, . You can also join my page “,Jago Niveshak,” with 1k+ followers for daily content on money. Continue Reading

What is a brutal truth about owning a luxurious car?

People will hardly give a shit, they'd stare at you the moment you leave/walk up to your luxury car but they'll go on with their day. If you're buying a luxury car for attention, you might as well buy a megaphone and spare the 100k. Not only will people not care about your new status symbol, but they'll sometimes despise you. A kid shows up to school in a brand-new E-Class, what would you think about him/her? Unnecessary costs. After you finally buy your new pride and joy, you're gonna want to protect it, so you go the extra length of getting a PPF instead of a regular ceramic coating. Your BMW can only run on sports tyres? Too bad. Pay up. Before you know it, you would have spent a ton of money on things you would have otherwise saved if you bought that Camry. Obsolescence. Yes, you knew this day was gonna come. Your once-new C300 just got overshadowed by Mercedes’ newest C-Class, and you're left with an “old" Benz and a big fucking hole in your wallet. Trims. Ah yes, doesn't it suck knowing that after you bought that sexy C43 that there's an even-sexier C63s? You might have bought a Merc, but you always know there's a better version of it. Your unfulfilled self-fulfillment. Do I need to explain this? Your constant fear of getting your car damaged. I wouldn't call it fear, actually. It's alot more like paranoia. Every creak would give you cold sweats. Every pothole makes your heart drop. You can't even park close to the supermarket entrance because deep down you know, some motherfucker would swing their doors open and fuck up your car.

What is the biggest financial mistake that you have ever made and what lesson did you learn from that?

My life has been a big bouquet of many mistakes, one bigger than the other. These wide array of mistakes encompass academics, career, finances, friends & family and continue to give rise to constant doubts on every current step & future thoughts. But since the query relates only to financial mistakes, I will address accordingly. It is difficult to pick which was a bigger mistake. The reason being that, when I made them, they looked smaller but due to passage of time, the repercussions have become exponential, in some instances. Let me start writing my mistakes and by the end of the answer, we might actually end up with the biggest mistake of all. I come from an upper middle class family. I started earning (on my own, in a proper job) since 1998 and I never knew what to do with the salary. My parents always provided me with everything and since they had sufficiently earned & saved, never seriously taught me about the importance of saving, investing or wealth building. It was always that they built wealth and I spent & spent - not wasteful spending on social life (I am not into drinking, clubbing, or womanizing) but spent it away on friends (guys) - giving expensive gifts, going on trips etc, with my money. I used to be so generous that, when I was studying in US, I paid for the boarding & lodging of my friend for a period of 2 years! I even bought a car, so that he can go to his college campus, instead of walking. (We used to live together, but my campus was at a walking distance, while his was 4–5 miles away). This was 1999 and no Uber/Ola existed then. I had a full scholarship to study M.S. which was a good $18,000 per year (1999), and additionally, used to get a good stipend as a Research Assistant, working at Florida International University, before I started working full time with the U.S. Department of Energy on nuclear decontamination projects. So, between 1998–2003, whatever I earned (a lot in dollars), I spent it all away and ,didn’t have even Rs. 1 of saving,, when I finally returned to India, to pursue entrepreneurship (I wrote my failures, twice, as an entrepreneur in a separate query). Lesson learnt: ,Earning is like a merry go-round, once you stop it, you better be ready to meet your lifestyle on your own dime. If not, life will turn out to be a nightmare. In a summer semester (studying in US), I wanted to take an additional independent study (summer semesters are not covered in scholarship), I didn’t have $2800 to pay for the course. My father said that he would send me the money but it would take a few days to make the arrangement. So, he told me to ask a family friend (my father supported her to go to US & study), who along with her husband were earning $300,000/year (in 2001), to provide temporary support. The answer those ‘family friends’ gave me was that, they didn’t have sufficient money with them, as they had planned to buy a brand new BMW X1 (SUV) and had to pay in 2 days. I asked my friends to pool some money atleast, they said that they were not made of money like I was, and I should have saved without spending it all away, unnecessarily. Lesson Learnt:, When the going is good, everyone is your ‘friend’. When hardships, especially financial come about, each one is on his own. So, learn to save, save, save. BTW, I couldn’t pay for the course and my graduation was delayed by a semester. Continuing from earlier, after wasting a couple of years trying to start a business, I set myself up again, with a fresh education (MBA), followed by a campus interview at a very reputed Co and started earning. This was 2005. Since I was single at the time and my expenses were limited, I was saving (but not investing) sufficiently. I used to leave money in fixed deposits and recurring deposits. One day, a friend of mine (classmate from MBA) introduced me to investments in stocks and said that they are ‘money minting’ machines and easy money. I was a graduate of operations & marketing, with limited knowledge of finance. I didn’t even understand a financial statement thoroughly, and I relied on stock tips from everyone to buy shares of companies, traded severely and hardly made any profit. Then some ‘wise’ people told me that I need to invest, hold and then only I can see good gains. As part of that philosophy, I was ‘advised’ to buy Unitech, which I think I bought around Rs. 450 or so, everyone knows that happened after the global financial crisis of 2008. I had many stocks like this, which lost as much as 80% in no time and haven’t made a come back. In less than 6–8 months of investing, I lost 3 years of earnings/savings - completely wiped clean. Lesson Learnt:, Never, ever, trust anyone for your investments. No one is looking out for your well-being, anytime. They are only good for gossip, not for serious investment advice. Summary till now, worked for 10 years between 1998 - 2009, but Zero saved, Zero wealth built. Since 2009, having learnt sufficient lessons, I made a lot of changes. I stopped spending on others unnecessarily - none of my friends in the 4 decades of my life, helped me or offered any worthwhile advice/support, while they kept enjoying mine as well as my parent’s money. I invested my money, time & effort in understanding businesses, economic as well as internal and external factors that affect investments, returns in general. I started allocating my savings into various pockets - PPF, FD, mutual funds, stocks, bonds etc in a slow and steady manner. I learnt not to be perturbed by market corrections which have no rhyme or reason, but to study the situation and take appropriate decisions, or at times, NOT to take any decisions. Over a 5 year period, between 2009 - 2014, I saved quite a bit, invested most of it, accumulated sizable portfolio of diversified investments. But, was that the end of my mistakes? No, no, not at all. Remember Dr. Strange’s words to Tony Stark in The Avengers: Infinity War? “I see only 1 possible victorious outcome, out of a possible 14,000,605 future outcomes”. Lesson learnt:, Taking a fresh path is not an explicit indication of a rose-petal-paved journey. New paths give rise to new issues. In 2014, I quit an amazing job (Take home monthly salary was Rs. 300,000) to pursue entrepreneurship again. This time, I had enough capital, network, business idea and everything going in my favor. How it failed and all is another story, but getting back to the point of financial mistakes. I used to do so much research on companies, that on any given day, I could identify 2–3 stocks which were cheap, with average financials & un-leveraged balance sheets, which could do amazingly well if the tide turned in their favor. I had conviction on all of them but I had a different problem - ,problem of aplenty,. So I bought most of them (>25 companies) but spread out in small quantities. At that time, I didn’t think it was a mistake, but, after what happened in the stock market over the last 16 months or so, I feel disappointed. Why? I wanted to invest in all of them, but I knew I couldn’t get sizable quantities in all of them due to insufficient capital. So, whatever stocks I bought in during the years 2014–15–16–17, out of them, stocks which have risen by 3X, 4X, 5X, 10X and fallen now to 2014, 15 levels, I have in large quantities, making my returns negligible (after holding for so long but at Zero Cost). Many of them hit my stop loss (purchase prices) in recent times and had to sell them at cost - Meghmani, Tata Global, Fineotex, Marksans Pharma & many more. Take the example of Bombay Burmah - I invested at Rs. 817 in 2017 (picked the stock at the right time), then the stock went on to hit Rs. 2115 (didn’t sell - ,Long term investing theory,) and is now back at Rs. 1181. What is the use of investing! Lesson Learnt:, Need to sell and take profits at regular intervals, on a continuous basis. There is nothing called invest and forget. It is invest, review, take profit, invest, review, take profit, and repeat the exercise regularly. Stocks which have risen well & which continue to do well, I have in small quantities and haven’t been able to add more, in a timely manner. So, even if the gains are great, the quantities are small, where the absolute returns missed a chance to be awesome. For eg: Look at Bajaj Finance, my original investment was much earlier, but after making money buying & selling so many times, I finally stayed invested in 2016 with 300 shares at a price of Rs. 860. Today, the stock is at Rs. 2700. Instead of buying 750 shares of Suven LifeSciences at Rs. 174.50 in Sep 2014, I could have bought Bajaj Finance 503 shares additionally, at a price of Rs. 260 for the same investment amount. Today, instead of having a paltry Rs. 29,588 as profit on Suven, I could have had Rs. 12,27,320 as profit (by investing in Bajaj Finance). Lesson Learnt:, Never spread yourself or your capital too thin. If you have conviction, then go full steam ahead, with periodic reviews. There is an irony in my investments too. While investing for myself, I made these mistakes, whereas whenever my father or siblings or family members sought my views on buying/selling & investment prices, times, I have given them excellent opinions and they have been able to make superb gains. Unfortunately, I seem to be lazy or inertial when it comes to doing it on my own (,Ofcourse, one of the reasons has been lack of sufficient capital, another reason is that I am away at times on consulting projects & miss taking action at the right time & missed the proverbial bus,). Do remember: Mistakes might be small but the depth & duration of an impact can last a life time! So, as you can see, it is difficult to judge which is a bigger mistake and my list of mistakes continue. They are more than a mile long and I continue to make newer and newer mistakes, consistently & constantly. But that hasn’t stopped my learning process and have sincerely tried not to repeat the same mistakes again! Like I said, my life has been a bouquet of mistakes, many in the financial arena & hence, continue to still try my best to build wealth, while I could have retired by now! Karma in progress! Image credits: Author’s Moneycontrol Portfolio Manager.

I am 23 years old, earning INR 30k per month and saving about 15k. How should I invest my money?

Super rich can never happen with a job. If you think someone is super rich because of the job, then count the luxury cars (bmw, mercedez) in the parking lot of your company. If you find any of those cars then do track the owner. You will find your answer. I personally believe business is the only way to make it genuinely big. If capital is your problem then there are multiple options to start something alongside your job without much investment. You just need to think BEYOND the average mindset to grab the opportunities available. All the best

Which is a better option for me SIP or PPF?

This question is asked by a lot of people from many years but there is nothing like comparison between SIP and PPF as looking to above chart and my experience, Return of SIP is approximately 10 times more than PPF. For example: Mr.X started to save Rs.10000 yearly in PPF in March 1996 for the next 19 years Mr.Y did the same through SIP. After 19 years Mr.X got Rs.464213 against his deposited Rs.190000,from PPF. Where as Mr.Y at the same time March 2014 got Rs.4238154 against his deposited Rs.190000,from HDFC TAX SAVER PLAN through SIP. Now you can understand that above chart very clearly. In short, you can compare Sachin Tendulkar vs vinod kambli Or BMW vs . tata nano. For any more information you can contact me @ 09879091342