Investing is simple but it's not easy. This is usually because the right questions are not asked. In the world of investing, where honest and common sense advice is scarce, here is a book that simplifies key concepts in money management and guides you to invest with a specific goal in mind. 'You can be rich -With Goal Based Investing' arms you with the relevant questions to ask. It also gives you access to a bouquet of practical yet enlightening calculators that enable you develop personalized investment solutions. If used regularly, these mirror the progress of your investment plans and help you gauge if are going in the intended direction. Investors who have the discipline to follow the simple steps suggested in this book could attain results that are vastly superior to even those achieved by professionals. Most importantly, successfully securing goals due to appropriate investing delivers an improved life with more time to spend on what is really important for you and your loved ones... If you are in the process of creating wealth - irrespective of whether you are a beginner, mid-way through your journey or almost there - you can find nuggets of simple, practical wisdom in the pages of this book.
Good book to know basic concepts about Goal based investing. The authors P.V.Subramanyam and Pattabiraman tried to introduce all essential concepts in investing. But few chapters were advanced for a beginner like choosing a Fund manager, selecting the mutual funds with their performance etc. I liked the chapter on choosing the life insurance product.
Anybody who already has some knowledge trading and mutual funds investing can benefit from this book.
If you are looking for a basic book on "how to start investment " with great research stuff accumulated in a single think book with proven methodology with real examples from Indian prospective that also from an IIT professor; then your search end with this book. Just go for it to enlighten yourself with knowledge and science of investment.
A genuine attempt on spreading awareness on financial world for all, may it be newbie or learner this definitely serves as a great tool (book) to start with.
Thanks to Subramanyam Sir, Pattu Sir & team for delivering this wonderful piece of wisdom.