WHY THIS BOOK? Coffee Can Investing: The Low Risk Road to Stupendous Wealth

-





From some years, I’m very conscious to save and invest my money. So many people advised me to follow a wealth manager to take advice about investment. But there were so many people who advised me that wealth managers cared more to make money for them not to me. I with my own tried to get knowledge. I started to read books and get basic knowledge from the sources available free of cost. There are so many books that I read recently on wealth management and investing.

Coffee can investing book is written by Saurabh Mukerjea, Rakshit Ranjan and Pranab Uniyal. Through this book people get impressive returns with low volatility and low transaction cost on their investment. This book suggests us careful stock selection for making a growth oriented portfolio. We also need to keep some money for a rainy day, for that we should invest in government bonds and carefully managed liquid funds. This book is simple to read with very less technical terminology. It has so many case studies to help every portfolio grow safely.

There are so many people who do not invest to get high return but to pay for children's education, secure money for retirement or fulfil any goal. They also invest money to go on holiday to abroad, buying a car etc. So these investments can happen when we know about the answers of below questions…

How to link goals with asset allocation?

How to avoid high brokerage products?

Why investing in equity is best?

How to make coffee can portfolio?

What are active and passive funds?

How to invest in real estate?

Why small companies have more potential?

How patient investing in high quality stocks help an investor generate outstanding returns?

Most of the people fail in investing because they do not know or do basic mistakes like below…

No clear investment objective /plan

Trading too much/ too often

Lack of diversification

Paying high Commission and fees

Chasing short term returns

Timing the market

Ignoring inflation and taxes

In the book it is suggested to plan your finances dynamically, to be carried out periodically and be attentive to beer any change in cash flow, asset or goals. This book will help your portfolio to meet your goals. But there is no guarantees in life, a well planned and carefully managed financial portfolio increase the chances of you and your family achieving most goals.



Comments

Post a Comment

If you have any doubt, please let me know.

Popular posts from this blog

BOOK SUMMARY: THE POWER OF YOUR SUBCONCIOU MIND

-
Image
The power of your subconscious mind book is written by Joseph Murphy . It is a self-help type book . In the book we read about the power of our subconscious mind. Our mind is the only leader of our thinking. It defines our success or failure. It decides our capabilities to do the things possible or impossible. We read in the book… People all around may discourage us but we should try and try until the task is done. We can do everything what we can think, if we prepare our subconscious mind. Our thoughts decide our life and actions to try to be positive most of the time. We have healing power in our subconscious mind. Every disease first develops in our mind then reaches to our body. We should govern our task according to our thinking. In any situation of our life we should think that we are happy, harmonious, strong, loving and careful etc. Negative thoughts like stress , anxiety, fear, tension etc. destroy our thinking and result in serious diseases. Peace of Mind is the greatest...
Read more

ABIDE BY

-
Image
We all know today is 15th August Independence Day. It is a very great day for us as a citizen of India. Today everyone is sharing photos and updating status on all the social media sites, like the whole country is coloured with tricolour. We all celebrate this day every year with full zeal and in patriotic way. We all have a cordial nature for our soldiers. We will always remember the sacrifice of soldiers in Jammu Kashmir operation (1948), China war (1962), Pakistan war (1965), Bangladesh war (1971), IPKF operation Pawan in Sri Lanka (1987), Kargil conflict (1999), and many more operations that gave befitting response to those who tried to dismantle the sovereignty of India. It feels very good to see everyone is patriotic and showing love towards the country but this feeling should be long lasting not only on Independence Day or in Republic day. In these two days we proudly hoist flag everywhere but after one or two days we saw many tore flags on the road, in garbage like a waste pap...
Read more

Unblocking The Most Beautiful Heart

-
It was 25 th  2010 July, first day of my engineering college. I was very sincere, so I was there to attend the class there were three boys and two girls, others were absent because it was first day and some people take the first day lightly. It was Reena ma’am‘s class but before teaching there was an introduction session. Though I was not good at English but I managed to introduce myself and told her about myself. After sometime it was turn of a girl. Her name was Jasmine, she was very busy in reading some books I thought she did not mind what’s going on. Ma’am said, “Jasmine… tell me about yourself.” She hastily stood up; she was very chubby, cute girl with pink cheeks. She introduced herself; i was very closely observing her and her beauty. Some of her hair locks were disturbing her vision by playing with her spectacles. For me it was like love at first sight. Her pink lips were like petals of rose. Her eyes were big like it was hiding a deep mysterious ocean in which i could ...
Read more