My Financial Freedom

My Financial Freedom Hi Friends, This is my page to get you all along with my journey to my financial freedom by 2025 Dec 31. My total Investment will be 6 Lakh.

I wish to share my techniques and strategies I took to reach my goal in 5 years. My target will be 1 Crore.

July 2021 Update Report - My 1crore Financial Freedom in 5 Years  (7th Month)Here is the update from the month of July 2...
12/09/2021

July 2021 Update Report - My 1crore Financial Freedom in 5 Years (7th Month)

Here is the update from the month of July 2021 after a big loss during June.

This month started with few good investments on Forex with the help of my few customers. So from this month, I will have to provide the dividends for the customers. I have been providing few investment plans based on the duration and the amount invested. So dividends for each customers differ based on their plans.

Investments made this month:

6th July 2021 Forex 40,000/-
19th July 2021 Forex 50,000/-
26th July 2021 Equity 2600/-
27th July 2021 Mutual funds 2600/-
28th July 2021 Forex 50,000/-

Forex investments were processed based on the intra-day trading. While the Equity and Mutual funds are hold for the long term. The mutual fund I chosen this month was NASDAQ100. For equity, I have already chosen few penny stocks, in which I used to split the investment amount and investment based on their respective stand on the market.

The equity investments are as per the below screenshot. There you might see that I had purchased stocks for about 4815.80/- and in the above chart its 2600/- in Equity investment. the reason is the I already had fund in the demat account, which were from previous months

Apart from the above investments, I have to fulfill the dividends for the customers invested through my company. For that I follow the following strategy:

1. I set a target of 500$ (35000/- approx).

2. Once I reach this target, I used to withdraw 350$.

3. I split this 350$ withdrawal into three 70%:15%:15%.

4. 70% goes to my account which will handling all expenses that includes the my salary, customer dividends,etc.

5. 15% goes to an account which is held for the recovery of the investors capital.

6. The remaining 15% goes to Equity, SIP, Crypto and Mutual fund investments. I only invest in chosen options based on their current trend in the market. So, this month I only invested in all options except the Crypto.

Here is the profits recovered from the Forex during July 2021:

26th July 2021 Forex Profit 26,118/-
27th July 2021 Forex Profit 26,201/-
28th July 2021 Forex Profit 26,201/-

Here I am attaching the performance chart for the month of July 2021 . In the chart throughout 13th to 16th there might not be any value for the earnings column, its because I wasn't able to plot those days balance due to some busy schedules.

That's it for the month of July.

Total Investment made: 1,45,200/-

Total Profit booked: 78,520/-

Hello Internet,Here I am after a gap of 3 months, publishing my 1 Crore Financial Freedom projects update for the month ...
10/09/2021

Hello Internet,

Here I am after a gap of 3 months, publishing my 1 Crore Financial Freedom projects update for the month of June 2021.

During the month of June, I haven't made any notable investments. These are the investments made on June 2021:

Equity : 1115.65/-

SIP:200/-

Mutual funds: 500/-.

That's all the investments made.

I have sold only one equity stock, once it reaches above 15% and 30% , which gave me a an average profit of 23.66%. In currency, its just 54.6 INR, which might a non worthy profit. But, I always suggest you guys to see your profit in percentage and not in currencies. Because, making a profit of 23.66% within 30 days is a huge profit, when compared to other investments like mutual funds or bonds or even fixed deposit, (Average annual interest provided by banks are 7-8%).

On the other side in forex trading I was making a quite good profit till 16th of June. Unfortunately, I made a miscalculation on a big event, and made a big mistake of not setting a STOP LOSS for the trades. that caused be a loss of 3631$ in a single day. You will notice that in the attached screenshot. With this loss, I wished to take another break from trading. And didn't do much trading in after that loss.

So, things you have to note is that FOREX trading is a very profitable trading system when compared to an other trading. So when there is high profit, of-course there is a very high risk too. That's what happened to me.

As you know, I have one investment company where I was providing monthly dividends to my clients. So, how, I managed that 3631$ loss and was able to provide the clients dividend without fail. The reason behind this is for all other tradings, I used to invest the 100% capital allotted for the respective investment plans except FOREX. While in FOREX, I only invest 30% of the capital allotted for Forex trading, and the remaining 70% capital will be kept as a backup.

NOTE: IF YOU ARE NOT FAMILIAR WITH FOREX TRADING PLEASE DONT GO FOR IT. ITS TOO RISKY.

08/09/2021

It's been 3 months I haven't published the monthly update due to several changes on my plans. Still I was doing the usual trading and investments. And I will be posting the June, July and August months update from tomorrow onwards.

MAY 2021 - UPDATEHi all,Hope all have a safe time in this second wave of covid-19 situation. Hoping to settle all things...
05/06/2021

MAY 2021 - UPDATE

Hi all,

Hope all have a safe time in this second wave of covid-19 situation. Hoping to settle all things down.

Here I am writing down my updates on my 1 crore financial freedom in 5 year for the month of May 2021.

As you have read in my previous months update, I wasn't doing well due to my sudden demise of my father. That happens till the mid of May. All my strategies and research on charts weren't working out perfectly, which leads me to loss about 1.5lakh in just few days through forex trading. Some of the stock market traders used to say that it is better to stay out of trading if we are depressed. I still took trade to overcome my families loss and to overcome the depression. Nothing helps me out. It was hard two weeks staying in my room without even getting outside of home. All my research gone wrong. I wasn't able to read the charts right.

Around mid of May, I tried to take a break. Then slowly started over again with small investment of 3500/-. And then things are getting back into track. Once I identified that its working out, I added more fund of 50,000/- towards the end of the month, precisely on 24th of May. Within two days I made a good profit and actually made all time highest profit in a single day trade. Following those winning trades, I add additional 50,000/- to improve my profit. I did this because, I have already lost about 1.5lakh during the initial days of May. So it would be easy to recover those loss with only much higher capital. And that worked well.

You may be able to notice from the daily chart that I was having a negative balance (loss) of nearly 1.60lakh during mid May. Later after investing 3500/-, I started my recovery with good daily profits. Due to that my loss has been reduced to 71,000 approximately from 1.60lakh.

Note, this month I haven;t made any SIPs or Mutual Fund investments. Also there isn't any equity or cryptocurrency trades taken place.

April 2021 Update Report :Hi Internet,Its been a very hard situation I was going through April and May due to my demise ...
22/05/2021

April 2021 Update Report :

Hi Internet,

Its been a very hard situation I was going through April and May due to my demise of my father. That's why I was n't able to post the update for the month of April. So hard times comes, still we have to move on. And here I am writing down the update for the month April 2021 on my 1 Crore Financial Freedom in 5 Years plan.

Before that, stay safe as we are going though the hard situation of Covid 19.

Strategy I was following is that due to the commencement of Second of Covid 19, I believe that it wont be easier to make profit from equity or crypto trading. So I planned to transfer all the funds to Forex trading in which we can make profit on either way. ie. If there is use the uptrend we can make profit and if we use the down trend, again we can make the profit. This is possible on equity with the help of Option Selling and Option Buying. But the capital I have wont work well for the option selling or option buying. Thats why I chose Forex.

Initially I believe that covid second wave will affect only the Equity, and invested few funds into Crypto. But towards the end, I feel that Crypto is also not doing well and there is a possibility of crash.Still I try to hold the Crypto funds and planned to transfer the Equity funds to Forex. By 20th I closed all equity trades (excluding SIPs) and 22nd I transferred the fund to Forex for trading.

Unfortunately, on 23rd my father passed away, and brings a halt for my trading temporarily. Anyway, as it was not safe to hold the crptocurrency, I decided to transfer the crypto funds to Forex as well.

So here I am writing down the deposits and withdrawals of this month with reasons.

1/4/2021 - Withdrawn 20,000/- due to some personal needs.

7/4/2021 - Deposited 34,994.1/- to Crypto Trading

10/4/2021 - Deposited bitcoin worth 2022.79 to Forex Trading

20/4/2021 - Withdrawn 7300/- in order to share one of my investors profit.

22/4/2021 - Withdrawn 26,000/- from Equity due to second wave of Covid 19

23/4/2021 - Invested 30,000/- on Forex Trading.

30/4/2021 - Withdrawn 27,900/- from Crypto Trading in order to transfer the fund to Forex

30/4/2021 - Invested 27,500/- on Forex trading.

Screenshot of my April month reports is here for your reference.

Due to the bearish market trend, this month my investments were faced by a huge loss of 42% which is approximately 30,702/-

So after March, still I am in a red line. As always we hear, that investments are subject market risk.

Still I will move on with what I have. In this 5 Year project, I still have 56 months ahead. :)

Peace Out!

19/04/2021

My Forex Trading will go live from tomorrow. I will be transferring the investment from NSE Equity to Forex. Due to the current Covid situation, I feel that it would be quite better to stay out of Stock exchange due to bearish trend since last week.

Initial investment on Forex will be about 20,000 INR. My first target is 40,000 INR. Hoping to achieve this in 3-4 months time.

17/04/2021

My account on forex is available for copying the trade. I request no one to copy my trade as I am on test trading right now. I am working on different strategies.

So please don't copy my trades until I notify you!!!

Since I have started my Financial Freedom project, I have been working on the Forex trading. Finally, I have made my fir...
13/04/2021

Since I have started my Financial Freedom project, I have been working on the Forex trading. Finally, I have made my first investment on Forex trading with a minimum of 2k+ INR. Within 2 days I was able to achieve 19% profit from the forex trading.

As on the equity end it was quite bearish trend due to the second wave of Covid situation, I was happy to enter into forex trading which will compensate my loss from equity.

Hi all,Welcome back to my update report on My 1Crore Financial Freedom in 5 years for the month of March 2021.I had a qu...
06/04/2021

Hi all,

Welcome back to my update report on My 1Crore Financial Freedom in 5 years for the month of March 2021.

I had a quite good profit and growth in my previous month of February 2021. But this month had a quite slow run even though there was some good short term investment made. Towards the end of the month both the equity markets and cryptocurrency market were low due to the financial year end. You may find the dip in my profit after the half way through this month.

Also towards the end I made few withdrawals as few investments were meant to be short term.

So here I am writing down the investments I made during this month and withdrawals.

INVESTMENTS MADE:
DATE STREAM INVESTED
4-3-2021 CRYPTO 3500/-
5-3-2021 CRYPTO 5000/-
10-03-2021 CRYPTO 994.1/-
16-03-2021 CRYPTO 30000/-
16-03-2021 EQUITY 29000/-

WITHDRAWALS MADE:
DATE STREAM WITHDRAWN
29-03-2021 CRYPTO 18000/-

Total Investment made was 68494.1/- and withdrawals made was 18,000/-

So as per our daily profit chart, I should have generated 59936.47/-. But due to bearish trend of the market due to the financial year end, I was able to achieve a target of 57233.37/- by the end of March 2021, which is about 4.7% lower than my March target.

Overall at the end of the third month, since I started this project, I have gained 5.94% profit. In terms of currency, my overall investment was 54025.57/- and by current balance is 57233.37/-

Screenshot of my daily profit chart along with the graph is being attached below.

Note: I have also invested in the SIP and Mutual funds. The reason I haven't added that to the above investment table is because the SIP and Mutual fund investments were made using the Equity balance I have already in my demat account. So that they were not a new investment.

15/03/2021

Change in plan.

Here I am writing this to inform a quick change in plan in my investments.

I was expecting a personal loan from bank to take care of my others stuff and to invest on my new office here in Kollam. But that didn't go well. I am not sure, why its difficult for them to provide me with atleast a minimum of 1 lakh personal loan. Officially I am having a monthly income of 50k+. The reason they gave is that my majority of income is from outside India. Really? Wherever its coming, its my hard earned money by providing software/web development services to my offshore clients and its transferred through the same bank account and they even charge me for currency conversion. When it comes to insurance or other sort of investment like FD or mutuals or bonds, they dont want to know about m income or even whether I am employed or not, not a problem for them. Quite frustrating.

So here I am changing my plans.

From now on, I will also invest funds from my investors to meet my target of 1 crore in 5 years. Mean time I will also provide the same financial services to my investors, so that they will also be earning. Because without having my office, it would be hard for me to manage the whole thing individually. It is difficult for me to manage both my clients fund and my personal fund separately on separate demat account. So I have to deal my clients along with this plan. As you may know that I am already working like 18hrs a day. This situation may change once I open my company here.

Also, I am working on a new project (hardware based). So, I will be investing some of my monthly savings to that project. And my monthly profit from this new project cannot be specified as I am not so sure about the exact profit range that can be generated by now. May be I can disclose that in like 6-8months time. Also, I will get returns from this project almost like after 10 months or even after 1 year. Once its start generating the profit, then it will be a continuous income. And of-course as it is a hardware based project it will have some expenses like hardware maintenance charges. I will be sharing the details on my future post will full details. This one will be like a passive income to me.

So, unexpected things happen, all we have to do is to overcome that and move on with a smile.

Februrary 2021 Update:Hi all.This is my February 2021 update on my investment. During this month I wasn't able to make m...
08/03/2021

Februrary 2021 Update:

Hi all.

This is my February 2021 update on my investment.

During this month I wasn't able to make much investment as mentioned. The only investment I made was the smallcase investment of about 200.33 on smallcase, in which 96.33 was drawn from the equity balance. So the actual investment made is 104/- in Februrary.

The reason I couldn't find much investment during this period, is that because of my workload from my college due the NAAC accreditation process. By the way,off record, we got A grade on this NAAC accreditation :).

During the previous month of January, the I wasn't able to make much profit. Fortunately this month of February, I was able to overcome last months loss and gained 88%(approx) of profit through equity, mutual funds and Crypto trading.

So the overall investment made so far since 01/01/2021 is 3427.47/-
My target was to achieve 10% profit each month which will become 4,261.64/-

Fortunately, my total balance by the end of February was 6.639.16/-

The main reason how I was able to make more than 50% profit during this month is due the Union budget presented on 1st February. This helps me to pick the best stocks for investing during this period, whic helps me to achieve this.

Another thing that helped is on Cryptocurrency section. On Jan 19,the Japan Virtual Currency Exchange Association has whitelisted the ENJIN COIN as the first gaming cryptocurrency to be used in Japan. This helps me to invest some funds on ENJIN COIN and again that made me a good profit.

And by these I got a good growth in February.

You know, that I was supposed to invest 10,000 per month, still there are things to be taken care to make that possible. Till then I will try to invest whatever is possible.

I have created google sheet in which I will be updating the month wise update and chart on my monthly growth to keep a record on this. Here is the link for that: https://docs.google.com/spreadsheets/d/1Hxd6-BrGCwBLhg56VOpcjKh3nU3LaeQn0SnGWrL_Uu4/edit?usp=sharing

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Kollam
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