Neeraj Arora on Building INSANE Wealth Through Debt, Credit Cards, and Mutual Funds | Dostcast

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Listen to this episode on Spotify: https://open.spotify.com/episode/5ut1PI8iN0dILCKb7WLZ2M?si=afc478edad414326 You can follow Neeraj sir's channel here: https://youtube.com/@themoneypodcast91?si=yPuidja8DfdEJ9tt Neeraj Arora is a well-known chartered accountant and a leading educator in India. He runs over five YouTube channels with more than a million subscribers combined. His work has made him an important figure in the CA community and a favorite mentor for many. In this episode Vinamre and Neeraj discuss: - What to do when the market is low and the effects of the Hindenburg report on SEBI’s chairperson . - What's the best time to invest and take loans, the reality of the influencer and finance world. - Using debt to build wealth: basic rules of personal finance. - Credit card hacks, decoding Franklin Templeton NFO. - What is the Diderot Effect and Status Anxiety, and why investing is important. - Tips before investing in mutual funds, the BYJU'S case study. If you want to know how to create an insane amount of money using your debt, watch this episode. Timestamps: 00:00 - Introduction 02:30 - The Right Mindset for a Bear Market 08:14 - Why He Shifted from Science to Commerce Stream 12:12 - What Do Mutual Fund Managers Do Differently? 14:35 - Will There Be a Scam in Mutual Funds? 16:06 - Shorting Stocks: How Do Hedge Funds Operate? 18:31 - Best Time to Take a Loan and Which Debt Is Good or Bad? 27:00 - Why Medical Insurance Is Important 30:22 - Rent or Buy a Home? 31:59 - History Sheeter in a Finance and Debt Trap 36:36 - Rules of Personal Finance 40:14 - Focus on Your Active Income and Skills 44:58 - Investing Is as Important as Active Income 48:30 - The Actual Financial Life of Influencers 51:30 - Scams in the Finance World 54:08 - Red Flags of Too Much Debt 59:10 - How Can You Come Out of a Debt Trap? 1:04:27 - Reality of Startups: Mistakes CEOs Make 1:11:47 - Aftermath of Viral Hilux Reel 1:13:30 - More Credit Card Hacks 1:16:25 - Should 18-24 Year Olds Use Credit Cards? 1:19:48 - Diderot Effect and Status Anxiety 1:24:12 - General Rule of Spending: The Art of Balancing 1:28:20 - Why Basic Finance Knowledge Is Important and Its Calculation 1:39:47 - Decoding Franklin Templeton NFO 1:47:08 - Tips Before Investing in Mutual Funds 1:49:55 - Why He Shifted to Mutual Funds 1:55:05 - Why Is Warren Buffet Moving to Cash? 1:56:15 - Learnings from Larger Portfolios 2:04:28 - How His Middle-Class Conservatism Helped Him 2:06:48 - Why Mental Sanity Is Important 2:10:54 - Can Only the Rich Get Richer? 2:19:30 - The Value of Action and Inaction 2:25:46 - Japan's Market Is Stagnant 2:27:10 - Why BYJU'S Failed? 2:33:25 - Conclusion ==================================================================== This is the official channel for Dostcast, a podcast by Vinamre Kasanaa. Connect with me LinkedIn: https://www.linkedin.com/in/vinamre-kasanaa-b8524496/ Instagram: https://www.instagram.com/vinamrekasanaa/ Twitter: https://twitter.com/VinamreKasanaa Dostcast on Instagram: https://www.instagram.com/dostcast/ Dostcast on Twitter: https://twitter.com/dostcast Dostcast on Facebook: https://www.facebook.com/profile.php?id=61557567524054 ==================================================================== Contact Us For business inquiries: [email protected]