BE YOUR OWN FINANCIAL ADVISOR(English, Paperback, Sushil Bali)
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Investing without sufficient knowledge is speculative investing which can be disastrous. You need to take care of your own money. Investment does not start and end with buying a financial product. Investment is a journey that involves: 1. Learning investing basics; 2. Developing a planned investment strategy based on goals; 3. Knowing and choosing the right investment products that you understand; 4. Creating protection for yourself, family and all assets; 5. Understanding implications of tax on investments; 6. And, finally ensuring that the wealth you create is passed on safely to your loved ones. Unlike many other books, there are no promises of making you rich overnight, but only to help you invest with knowledge and caution in a systematic way. The world is changing fast. Covid-19 has impacted businesses and nations. There will be several serious disruptions. As investors we need to be vigilant and careful. The book aims to make you an INFORMED INVESTOR. The important things you could do on your own after reading this book: 1. Create your own personal financial plan. 2. Choose investment products. 3. Create a protective ring around you, your family and your assets. 4. Manage your taxes efficiently. 5. Create a good succession plan. 6. Plan an efficient documentation system. Wishing you happy and safe investing!