#wheredorichindiansinvest #mymoneyuniverse #indianinvestor #mymoneyuniversechannel My whole idea of investing originated on the basis of achieving financial independence. These two words “financial independence” always conquered my mind and my thoughts. You can say I have been encaptivated with the idea of waking up in the morning, knowing that I never have to work JUST for money. I can do new things, learn new skills, have new businesses nd all that , just because I WANT to, nd not because I NEED to. This has been the crazy obsession of my life. So in order to know how to achieve that kind of wealth, it became a habit to read how in past people have made their wealth nd how different it is in current times. Reading their story, understanding their motives helped me in building myself a small portfolio of stocks, mutual funds, crypto nd other financial instruments. And today we gonna be discussing just that, the rich nd their secret of investing. but first let me ask u- do u EVEN know who is rich? How much money u think u should have before we call u rich in india? (slowly) Nd where… where r they…. The rich Indians actually investing their money? Well, today we gonna explore ALLLL that and m gonna show u the exact numbers nd all their secrets of investing so that we can learn from it nd hopefully become rich ourselves. Knowing it, is the first step to achieving something, isn’t it? So lets start! (intro) If u r not new to this channel then u know how much I think about money nd financial independence. I read about different financial instruments, stocks, mutual funds nd everything from this universe, just to see if I can find a gap somewhere where I can get my alpha, where I can 10X 100X my money. In this journey I always wondered when will I become rich? Nd most importantly how much money should I have, to b part of rich club? So like always I deep dived into the world of finance nd found the answers for u... So the rich people r categorised as HNI’s i.e. High Net-worth Individuals. These r the Individuals with a net worth of 1 million dollar i.e. approx. 7-9crores, nd if u have over 30 million dollars i.e. approx. 210 crores then u r classified as Ultra High Net-Worth Individuals i.e. Ultra HNI’s. This is the global standard basically. This is what rich is. Comparing to this the median wealth of per adult in india in 2020 was just 3,194 American dollars i.e. 2.61 lakh rupees only. So now u know why saving nd investing is so important, right? The numbers show u the truth of how poor or rich r u. Now these HNI’s nd Ultra HNI’s, where r they investing their money? how r they growing it at such a fast rate to beat inflation as well as keep growing the pile. Lets take the case of Ultra Rich i.e. Ultra HNI’s. these r the people who r the royalty of riches nd everybody looks up to them when it comes to money. well after all we r talking about having 210 crores here. (uncle scrooge/family guy diving) we have the other option of leering at the wealth of uncle scrooge but I think not many people r fan of diving into the solid pool of gold coins. If u want to support the channel then pls use these Referral Codes- For Finzy.com to earn passive income- WZGD ========================================== Please SUBSCRIBE to support the channel. and SMASH THE THUMBS UP BUTTON to help my small youtube channel to get more visibility. ========================================== Want to learn from where to start your finance journey? https://youtu.be/fuWk1wO3WRU Want to see how the portfolio journey started? https://youtu.be/QKUauWBRTy8 To know more about me and see my journey- https://youtu.be/JsdCO6aa6bk Interested in learning about finance through stories and animation? https://youtu.be/liLgwMMYMgw ========================================== Share your thoughts about the channel below in comments! This show is for entertainment purposes only and not to be considered financial advice. Copyright © My Money Universe 2023