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WHO SHOULD INVEST?

Vallimanalan Asokan
11/09/2018 0 0

Stock markets are for the rich who can throw their money at anything and wait for a more significant fortune. It is the biggest myth I have ever heard and also the most common one among retail investors. In hindsight, This is the only place where millionaires are made from nowhere. This book is not only about how I made my first million being a part-time trader/investor but also why everyone should trade and invest in stocks. Reading it can have a positive impact on your life, especially your finances and future goals. It is not about inspiring you from my story but about the reality which all of us should realise soon. It is to tell you that it is not complicated to trade/invest, no matter what your profession is. Few simple tools and discipline can help your money grow on its own. Investing in the stock market is like farming. Sow the seed, nurture it with care and reap the reward. There are many financial instruments into which one can invest. Most preferred one is ‘fixed deposit’, and there is a simple reason for that; people understand the calculations of fixed deposit easily. They know what the profit after one year would be. It gives them clarity of thought and peace of mind. A similar approach to other investments can be achieved. Clarity in thinking comes with knowledge, that does not mean you have to take up a course in wealth management for years. Just learn a
few simple tools and follow specific rules, that is it. Within equity and mutual funds, there are many instruments where you can hedge your investment. Hedging gives you peace of mind. The returns can be exponentially high.

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