Bro will not leave me in any online platform till I attend his masterclass or join 1% club. 😁 Someone please tell him I am not in the top 1% and cannot be even if I join his club 😁 Kaash Zerodha 's Nikhil Kamath hadn't given him 10 cr to spend on social media ads.
p.s: This is not a hate or roasting post but I want to raise a few points. So no hard feelings bro ☺️ (sorry it will be my man Sharan 😎) I can't understand how a course on personal finance can be an entire company in itself (let's not consider those 'proprietary' tools or your platform i.e. mobile app here). 😀
Meanwhile persons with real qualifications in finance are not trying to influence others on where to invest or how to get financial independence. 🤐 It is like me educating people on String Theory. Stephen Hawking would be cursing me 😁 This is Kalyug. Anyone here can influence you on where to put your money 😁
Aur log influence ho bhi ja raha hain. 😧 They are paying finfluencers for 'advice' which is against SEBI rules 😁 Isiliye brands and investors are also giving money to influencers to influence people where to put their money or when to retire 😁 Paid partnership ke chakkar mein innocent people lost a lot of money in crypto and what not.
Matlab those without finance qualifications like Sharan, Akshat, P R Sundar or Ankur Warikoo are giving us financial education and financial advice. And we are listening.😒 Matlab kuch bhi.
SEBI had brought a concept that if you have to become a financial advisor then you need a post graduate degree in finance related subjects. Also you need 5 years of experience in finance profession. But here situation is like folks without a B.E or BTech degree are writing code in company like Google😁 There is no regulatory body for such finance courses (where they give stock tips also) unfortunately.
So to summarise, SEBI is after finfluencers. Finfluencers are after normal junta and brands and investors are after finfluencers. Too much fun 😎
BTW bro the calculations you do e.g Coast FIRE and all to show how much money you need to retire or get financial independence is not full-proof and depends on a lot of economic factors. So say if you retire now with a corpus of 5 cr, you can never be sure if it will be sufficient for you and your family in future. So retire carefully nahi to beta ya beti ki shaadi ya padhai ke liye paisa nahi rahega agar our FM continues to increase tax😁
And guys you should also pay me for this 'advice' on how and why you should not get influenced when it comes to money. I charge for anti-influencing.
If you guys really want to know more about this please see this video on YouTube where an Indian personal finance journalist Neil Borate has talked about this case in detail:
https://lnkd.in/g2DcBpP8
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This post was originally shared by Pradipta Das on Linkedin.