Reach surely. A nice book on planning for retirement. The language is easy to understand and a good book for someone who is interested in personal finance. For someone who is in his 30s, retirement seems like a far Good for beginners in financial mgmtThis book is good for beginners in financial management. Almost like a primer but in simple words.
I felt that the book that PV wrote in collaboration with Pattu wa A vert structured approach to retirementReally loved reading it, very relatable, crisply written. Helps you put a framework and structure to better manage the corpus you painstakingly generate over th This is more of a collection of thoughts, rather than a proper books like Book. Author has written just the way he talks on his youtube channel, subramoney.
But the thing that i liked is, there are so As always, must read book for retirement planning. Subramanyam is bold and yet forthright on the realities of retirement planning Open the secret box!
Pick the balance sheet of Tata Inv Corp and it screams a buy…websites cannot do a detailed analysis.. Could you please write the same for year ?
Appreciate if you could highlight best Mutul funds etc. Thank you. My apologies. Usually my posts appear instantly, today i had waited for over 30 minutes and still it did not appear, i was wondering why?
However other general message is getting posted. Your message is not getting posted because any comment with a link will go in SPAM if its your first time link pointing in comment. By the way is there a way we can buy the soft-copy instead of hard-copy, its very easier to read soft-copy. Quite a bargain. Below is the link —. Hi, As I alway said, I like your blog.. Is pension fund way consider in retirement planning?
I have read your articals about equity diversified funds, balance funds and debts fund. I would like to invest in these type of funds. But Now market has on the peek, mutual funds on thier highest NAV.
So do you think, is it right time to invest in funds? Waiting for your comments.. May be many of investors like me has same question. This may help you to write new chapter in your blog.. I suggest you buy this book and then do a proper retirement planning. For example , do you know how much corpus you will need when you retire?
I suggest direct investment in equity mutual fund as in case of a pension fund you are locked to that fund for long period. Over a long period funds performance do vary and thus if you invest in equity funds you can switch from bad funds to good funds on a yearly basis.
Retirement is a long term goal , Equity should be the main driver behind that goal , You can choose to invest in equity diversified funds or Pure equity if you can research well and pick some good stocks a small part only , if you are not that comfortable. There are some pension mutual funds you can take them also for long term. More than what you should do , its important to understand what you should not do. Dont worry about the markets being at the peak. Even if the markets fall your costs will get averaged Rupee Cost Averaging.
And as Manish rightly said retirement planning is long term planning so dont worry about the short term peaks and falls.
In the long run equities have given better returns than any other asset class. So go for equity mutual funds. The biggest worry about a book is it is static. For example if a simple notification comes saying all the NPS balance will be automatically transferred to the Senior Citizen fund, it would be a great scheme, but in the book I could not say too much about the scheme.
Similarly somebody told me there should have been a chapter on equity trading. Believe me writing a book for children, adults, retirement, investments, mutual funds, etc. For example cannot write too much about retirement if I am writing a book for children. Or the book gets to bulky — again challenging the buyer.
Hence the format. That is why there are examples with disclaimers. I agree about the book being static , but I am sure there will be editions every now and then and those changes can be incorporated.
Anyways it wont solve the whole problem. I think readers should take learnings out of a book rather than the facts and rules which are bound to change. At the end of the day one should read the book to change his perception and not knowledge building , in this era internet is the best place and worst also in some way to build your knowledge about something. Your email address will not be published.
This site uses Akismet to reduce spam. Learn how your comment data is processed. Take up a detailed 25 questions financial health checkup to find out how much you score out of ? Remember Me. New here? Create an account. Rakesh says:. July 24, at pm. Manish Chauhan says:. Anil says:. October 4, at pm.
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If you know how to make a Investment Philosophy statement, know how to keep a portfolio simple but effective, understand equities, …. However assuming you do not know these things, you will find this book useful. Well that is my opinion. No humility has not been a great virtue on me…but like it in others. Let me remind you that now I do not have a vested interest in pushing the book if you know the publishing business, you will appreciate this better!
That was straight and in the face. Not many in this field have the courage and the ability to state the facts. Brijesh for most readers of this blog the price of Rs. And frankly a book does not change the behavioural pattern of a person — it is normally seeing an uncle or aunt struggling to make ends meet that triggers the need to do retirement planning. Stop Not till the Goal is Reached. If all of the world had heard, listened, and implemented it, we would be living in a better world, right?
The above statement intrigued me.
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