Have you ever thought of letting your money work for you by being a part of the Indian growth story but the complicated financial jargon, perplexing terms and conditions, dilemma associated with risky investments and too many mutual fund options stopped you! This book provides answers to all such FAQs that an Indian Mutual Funds and SIP investor has. This book will help you understand the various types of mutual funds, their comparison with other assets, ways to invest in mutual funds and identify the type of funds that fit your profile the best. The focus of the book is on simplifying myriad concepts of mutual funds and demystifying myths around these investments. The author has approached this book in a question-answer format with lots of recent examples.
How to manage your retirement corpus is a must-read financial guide for retirees and for individuals approaching retirement soon. Retirement challenges us like nothing else. Retirement empowers us to reinvent our Lives and our Finances. The future after retirement is a blank slate akin to an 18-year-old. You can start afresh and write whatever you want, but you need money for everything and that is limited. You need a financial plan to make the most of the income and savings that you have available, make sure it lasts your lifetime and there is some inheritance left for your kids too. This book is all about achieving these goals through astute investment strategies. You will find answers to these FAQs here - How to manage your limited Retirement corpus? How much monthly expense fits my current Retirement corpus? How much investment risk should I take on my Retirement corpus? Do I need Health Insurance? What are the options for regular income after retirement? How different is investment planning before & after Retirement?
Financial freedom is the ultimate aim for everyone during his life. But it can't be achieved just by earning more & more money. It's a process of strategic investment planning through earning stage of life. Everyone can become rich in later stage of the life by planning his early phase. One penny saved today may earn one penny at regular intervals during long term. The formula of calculating future value of money also takes into consideration the following factors: 1. Amount Invested 2. Rate of Return 3. Time Duration ÿ ÿ It says that more you invest, more you will get in return. Second, more returns means more money. And longer the time duration of investment, better returns you will get. We can't control returns, we can't invest big amounts but we can invest small amounts at regular intervals over a long period of time. If this amount is properly diversified in different asset classes, it can help you to achieve better returns with the security of the money invested. Mutual fund helps you to take exposure of different asset classes and get the best returns. Let's come to a journey towards freedom through this book.
ÿIn today's world, the importance of money cannot be denied. Earning, saving & investment are the three important pillars of making money. Tax Guru, Subhash Lakhotia presents practical guidance to make beneficial investment & savings. All the investors within the age group of 20 to 85 would be benefitted from the mantras appended in this book. If you want to know the practical money making ideas as a tool to your investment strategy, then this book is for you. Learn how 'Money begets money.
How can you build wealth with the most elusive combination – COMMON SENSE and KNOWLEDGE? Mutual Funds: The Money Multiplier answers this question and takes you on a journey into the world of mutual funds. In a language that is both eloquent and understandable, this book cracks the code on building wealth the mutual fund way. A matrix (3×3) approach has been adopted, with the book having been divided into nine sections. All the topics have been analysed threadbare against the backdrop of investment planning, so as to offer a holistic view of wealth creation for you. With Mutual Funds: The Money Multiplier as your guide, you will discover how to make investing a winner’s game. With in-depth insights and practical advice, this book provides a timeless blueprint for effective and low-stress investing for the layman. This book can be a resource for generations to come.
The seminal work on mutual funds investing is now a Wiley Investment Classic Certain books have redefined the way we view the world of finance and investing—books that should be on every investor’s shelf. Bogle On Mutual Funds—the definitive work on mutual fund investing by one of finance’s great luminaries—is just such a work, and has been added to the catalog of Wiley’s Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Take a look into this timeless classic and let Bogle On Mutual Funds show you how to invest in mutual funds the right way, with the expert perspective of an industry leader.
Praise for Don't Count On It! "This collection of Jack Bogle's writings couldn't be more timely. The clarity of his thinking—and his insistence on the relevance of ethical standards—are totally relevant as we strive to rebuild a broken financial system. For too many years, his strong voice has been lost amid the cacophony of competing self-interests, misdirected complexity, and unbounded greed. Read, learn, and support Jack's mission to reform the industry that has been his life's work." —PAUL VOLCKER, Chairman of the President's Economic Recovery Advisory Board and former Chairman of the Federal Reserve (1979–1987) "Jack Bogle has given investors throughout the world more wisdom and plain financial 'horse sense' than any person in the history of markets. This compendium of his best writings, particularly his post-crisis guidance, is absolutely essential reading for investors and those who care about the future of our society." —ARTHUR LEVITT, former Chairman, U.S. Securities and Exchange Commission "Jack Bogle is one of the most lucid men in finance." —NASSIM N.TALEB, PhD, author of The Black Swan "Jack Bogle is one of the financial wise men whose experience spans the post–World War II years. This book, encompassing his insights on financial behavior, pitfalls, and remedies, with a special focus on mutual funds, is an essential read. We can only benefit from his observations." —HENRY KAUFMAN, President, Henry Kaufman & Company, Inc. "It was not an easy sell. The joke at first was that only finance professors invested in Vanguard's original index fund. But what a triumph it has been. And what a focused and passionate drive it took: it is a zero-sum game and only costs are certain. Thank you, Jack." —JEREMY GRANTHAM, Cofounder and Chairman, GMO "On finance, Jack Bogle thinks unconventionally. So, this sound rebel turns out to be right most of the time. Meanwhile, many of us sometimes engage in self-deception. So, this book will set us straight. And in the last few pages, Jack writes, and I agree, that Peter Bernstein was a giant. So is Jack Bogle." —JEAN-MARIE EVEILLARD, Senior Adviser, First Eagle Investment Management Insights into investing and leadership from the founder of The Vanguard Group Throughout his legendary career, John Bogle-founder of the Vanguard mutual fund group and creator of the first index mutual fund-has helped investors build wealth the right way, while, at the same time, leading a tireless campaign to restore common sense to the investment world. A collection of essays based on speeches delivered to professional groups and college students in recent years, in Don't Count on It is organized around eight themes Illusion versus reality in investing Indexing to market returns Failures of capitalism The flawed structure of the mutual fund industry The spirit of entrepreneurship What is enough in business, and in life Advice to America's future leaders The unforgettable characters who have shaped his career Widely acclaimed for his role as the conscience of the mutual fund industry and a relentless advocate for individual investors, in Don't Count on It, Bogle continues to inspire, while pushing the mutual fund industry to measure up to their promise.
REVISED AND UPDATED-NOW WITH FINANCIAL LESSONS FROM COVID-19 We work hard to earn our money. But regardless of how much we earn, the money worry never goes away. Bills, rent, EMIs, medical costs, vacations, kids' education and, somewhere at the back of the head, the niggling fear of being underprepared for our own retirement. Wouldn't it be wonderful if our money worked for us just as we work hard for it? What if we had a proven system to identify dud investment schemes? What if we could just plug seamlessly into a simple, jargon-free plan to get more value out of our money for tomorrow, and have a super good life today as well? India's most trusted name in personal finance, Monika Halan offers you a feet-on-the-ground system to build financial security. Not a get-rich-quick guide, this book provides you a smarter way to live your dream life, rather than stay worried about the 'right' investment or 'perfect' insurance. Unlike many personal finance books, Let's Talk Money is written specifically for you, keeping the Indian context in mind.
