Investing for beginners in India
THE TWO ROADS
This often takes time and a fair bit of effort and hence is the path which less than 1% of the population takes.
This approach involves understanding the fundamentals first. Every asset class one could invest in, behaves in a certain way. And every investment product follows its own unique timeline and process to bear the right fruit. Some products are designed to grow wealth for you while some to protect your wealth. But a majority of the products are designed to make wealth for the person selling you the product.
But investing well isn’t just about how you’d deploy your extra income. It’s also about being prudent about every decision being taken about money.
So the truth is that 99% of the population will forever continue to act and invest in a haphazard way. This will never change because understanding this subject requires a bit of commitment and a fair bit of reading, and most lack such patience.
Two ways to get started the right way
Read a bookSMART MONEY MOVES
This is by far the easiest, most cost-effective way to get started on your journey of financial literacy.
The book is a follow up to the now outdated, but highly rated book ‘Grownups Are Just Kids With Money’
Attend a live workshopTHE MONEYPLANTING PROGRAM
The Moneyplanting Program is conducted as a corporate training workshop and is available through your employer. Drop a mail to your HR to check for upcoming scheduled sessions.
Why was this book on Investing For Beginners In India written?
It’s no surprise then, that millions continue to live with meager or no financial knowledge, despite having had a steady income for more than a decade. Most tend to burn away the initial years, with the idea of making it up with just salary increments. So they work harder and harder each year, live incrementally stressful lives, just to earn more, and soon be in a place where they won’t have to worry about finances.
To top it off, Leading a good financial life has lot more to it than simply growing money. rarely are all aspects of financial well-being covered in one single place.
all aspects of the financial well-being covered in one single place
The Book on Investing For Beginners In India was written precisely with this in mind
It contains everything that every working adult needs to know about finances. Its pages hold personal finance knowledge rarely available in one single place — from the basics of asset classes, investment options and salary structures, to taxation, loans, insurance and most importantly, the fundamentals of simple, stress-free investing.
Young or old, by the time you are done with this book, you’ll find yourself in a whole new league. You’ll be able to make sound financial decisions, prevent yourself from becoming a victim of bad financial advice, know how to invest and control the flow of money, and be better prepared for life’s surprises.
And like most readers of this book so far, you too, will be amazed by the amount of knowledge you’ve gained in such a short period of time.