Book review :
This book is a comprehensive guide to retirement planning in India. People in India are majorly seen in three categories :
📌 Upper middle-class
📌 Lower middle class
📌 Below Poverty line
Rich people have their assets in abundance so hardly ponder on investing. But these three categories need to ponder very deeply on how to invest and where to maintain their status or helping oneself to have bread and butter throughout their life time. When I grabbed this book , I was startled to read a detailed helpline in understanding the basics of personal finance in order to plan for future with confidence.
In today's scenario where many websites offer good income by simply playing, one needs to understand the basics before investing their hard earned money in any of the market or games. I got to learn about stock market investing, real estate investing and fixed income investments such as bonds, mutual funds , and other investment options.
The author ponders on the fact , "To make the most of your income and savings , its important to become financially literate , so you can distinguish between good and bad advice and make smarter decisions ". His detailed advice with proper flowcharts and comparative study makes it easy for any lay person to understand the statistics behind investing whether in fixed income , insurance or any long term plans.
His lucid manner and in- depth analysis of so many investment options makes the reader quite literate about many facts and to take a smart decision for their life depending upon their sources of income becomes crystal clear.
I learned so many tips and strategies to plan out my investing options and would recommend this book to all Indians.
Happy Reading!
No comments:
Post a Comment
For any query, do message me. I will surely try to resolve at my earliest.