‘Mother made me invest Rs 3,000 in ICICI from first salary, Shah Rukh Khan’s money decisions inspired’: Danish Sait’s guide to surviving unpredictability

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Sait also suggests that people should not panic when markets crash, because since time immemorial someone has been playing the switchboard behind the scenes, and sometimes the fuse blows up. He pointed out that such financial turmoils come and go, and they are a part of the lives of the economic system as a whole. Sait’s calm demeanour also comes from his trust on the country and its business owners. He believes that they have miles to go before they sleep, and have the ability to bounce back from anything.

He comprised his overall financial habits of three important steps, which were to put in the necessary work, stay in the market, and let the money grow in the background. He pointed out the importance of letting your money float around in the system and grow in increments. 

The comedian swears by compounding one’s money over time and sitting patient. He believes that people often don’t go for the boring long-term investment because everyone wants to get rich quick. This in turn raises the risk factor of the investment and complications as well. He named actor Shah Rukh Khan as an inspiration when it comes to building your own empire and lauded the actor for the way he has handled his businesses, endorsements and his overall finances. Sait admitted that his line of work isn’t very stability friendly, and everything can go away at any given point, but that’s why one has to be careful with the way they handle their own ‘empire’.

As his final advice, Sait advises people to chase financial freedom but to never let it dictate the way they feel about themselves or their lives.