6 Key Financial Concepts to Build a 3 Crore Portfolio

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In this video, I'll be sharing the five crucial financial concepts that have significantly boosted my financial IQ and helped me build a portfolio worth over 3 crores.

These principles have guided my investment journey over the past six years and have been instrumental in my wealth-building strategy.

Key Concepts Covered:
⏺ Compounding: Understand the magic of compounding and how it can exponentially grow your investments over time.
⏺ Rupee Cost Averaging: Learn the benefits of consistently investing a fixed amount, regardless of market conditions, to average out your purchase costs.
⏺ Net Worth Tracking: Discover the importance of tracking your net worth to keep a clear picture of your financial health and progress.
⏺ Diversification: Explore the importance of spreading investments across various asset classes to manage risk and enhance returns.
⏺ Multiple Income Streams: Gain insights into creating and managing diverse income sources for financial stability and growth.

Deep Dive into:
⏺ Compounding: Once I understood compounding, I shifted my focus to long-term investments, primarily index funds. I realized that the real power of compounding shines over extended periods.
⏺ Rupee Cost Averaging: By consistently investing the same amount at regular intervals, I avoid the pitfalls of market timing and benefit from buying at various price points.
⏺ Net Worth Tracking: Since 2017, I've been tracking my net worth monthly. This practice helps me monitor my financial health and make informed decisions.
⏺ Diversification: I’ve diversified my portfolio across equities, mutual funds, real estate, fixed deposits, gold, and business investments. This strategy helps manage risk and optimize returns.
⏺ Multiple Income Streams: Having multiple income streams, such as marketing services, consulting, and passive income from investments, has been crucial for financial resilience.

Resources and Tools:
🗒️ Get a copy of the Net Worth Tracker: https://bit.ly/net-worth-tracker-rd
🧮 Get a copy of the Investment Calculator: https://bit.ly/investing-portfolio-ca...

Share your thoughts and experiences with these financial principles in the comments.

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