Episodes

  • Can a Middle class salary earner becomes wealthy?
    Jan 25 2024

    Welcome to NextGen Money, where we dive into the financial journey of the everyday individual. In a world dominated by 9 to 5 jobs, bills, and the constant struggle to save, many of us wonder if there's a path to true wealth. Join us as we explore the inspiring stories of individuals who defied the odds, emerging from humble backgrounds to become millionaires through simple yet powerful investment strategies.

    In this episode, we explore the fascinating concept of whether a retail investor like you or me can end up being rich. Before you lose hope, we share worldwide studies revealing that a significant number of the world's wealthiest people hail from working and middle-class backgrounds. In fact, 50% of Europe's wealth is inherited, while success stories like Theodore Johnson, a UPS delivery driver turned multimillionaire through smart, long-term investing, inspire us to consider the possibilities.

    Meet Ronald Read, a floor cleaner at JCPenny, and Sylvia Bloom, a secretary for 67 years. Both individuals lived simple lives but accumulated fortunes of $8 million and more, thanks to their consistent investment habits. We delve into the psychology of money, exploring how simple and consistent investing can pave the way to wealth.

    But it's not just these exceptional cases; statistics show that 14% of the world's millionaires are teachers, and 50% are middle-income professionals. The secret lies in understanding that while your income may not rise exponentially, your wealth can, especially when you harness the power of compounding.

    In a world where saving money in the bank may seem like a safe option, we debunk this myth, highlighting the pitfalls of inflation, banks designed to keep you poor, and the unpredictability of life's plans. The real solution? Investing.


    MagicMind - www.magicmind.com/santanu

    --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    5 mins
  • Investing Mistakes to Avoid
    Dec 13 2023
    Unveiling Uncommon Money Insights They Neglected to Teach You in School! Welcome to Nextgen Money, your go-to resource for unraveling the mysteries of personal finance, credit, and investing. We're here to bridge the knowledge gap left by traditional courses, offering practical financial wisdom often overlooked in education. Just a heads up: our podcasts serve as valuable information and learning tools, but the decisions you make with your money are entirely yours. Dive into the world of financial empowerment with us at www.NextGenMoney.in, www.youtube.com/nextgenmoney, and www.twitter.com/money_nextgen. Support our mission by visiting https://podcasters.spotify.com/pod/show/nextgenmoney/support. Magic Mind - www.magicmind.com/santanu USE CODE - SANTANU20 --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    8 mins
  • Average Down Strategy - Don't do this with your MONEY !
    Apr 27 2022
    Hello everyone in today we will learn about an investment strategy that can lead you to financial ruin. If you are an investor in the stock market & do DIY (Do It Yourself) investing, then you should be careful when deploying your tactics. Today we will talk about Average down stock strategy, which actually can lead you to financial ruin. How? Well, I will discuss this with you. Find me on Twitter & YouTube --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    6 mins
  • 22% CAGR with Anthony Bolton & his investment philosophy.
    Apr 10 2022
    Anthony Bolton (born 7 March 1950) is a former investment fund manager and successful investor in the United Kingdom. He managed the Fidelity Special Situations fund from December 1979 to December 2007, and then managed Fidelity China Special Situations PLC, a London Stock Exchange listed investment trust, until his retirement in April 2014. He archived 22% CAGR returns on the investment.  Follow me on YouTube & Twitter --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    7 mins
  • INFLATION - An Investor's Worst Enemy!
    Mar 23 2022
    Did you know that your hard earned money is loosing it's value every year?  As an individual you are losing, money can't buy the thing that it could in the past, all because of INFLATION. As an individual you must plan for it, you must beat the inflation in order to stay ahead in this game. One should consider investing in Stocks, Mutual Funds, Gold etc. I have explained the cause of inflation & also shared few inflation-proof ways one can beat it. Do listen & show some love by following this podcast. Find me on Twitter @www.twitter.com/nxtgenmoney  --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    7 mins
  • Who are Russian Oligarchs? Are they Billionaires?
    Mar 21 2022
    Many countries across the world freezing the assets of Russian Oligarchs. Who are the Russian Oligarchs? Are they Billionaire? Why are they targeted by the western countries like USA, UK, France?  Well in today's podcast I want to put some light on the Russian Oligarchy system & I hope you find this interesting. Do follow me on Twitter - www.twitter.com/nxtgenmoney  --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    6 mins
  • Think Like a Farmer to be successful in Investing
    Feb 22 2022
    Hello everyone, the world is full of noises & often makes you crazy & when it comes to investing things gets more complicated. We often forget the purpose of investing & make silly decisions. This is why I shared this little story of a farmer & wants to let you know the investing is simple if you stick with the process. Follow me on twitter- www.twitter.com/NxtGenMoney. --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    6 mins
  • What is IPO? What is FPO? What is OFS?
    Feb 16 2022
    In this podcast I explained about IPO(initial public offering) FPO & OFS also known as Offer for Sale. When you chose to invest in the stock market you will hear these terms & that is why I made this podcast to simply thinking. I hope you enjoy listening to it. Follow me on Twitter- twitter.com/nxtgenMoney also in YouTube.com/NxtGenMoney --- Support this podcast: https://podcasters.spotify.com/pod/show/nextgenmoney/support
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    7 mins