Investing

Announcement: Admission to the 11th batch of my premium, online course in Value Investing – Mastermind – is now open, and will remain so till 25th March. Click here to pay your price and join now.

Amidst the Coronovirus (COVID) outbreak and the reality of it becoming a serious health emergency, here are answers to few key questions I have received from readers recently.

You won’t find perfect answers below, but this is just my attempt to help you get over your fears, which may otherwise lead you to act in haste, which can cause some damage to your process of long term wealth creation.

Let’s start right here.

[Read more…] about COVID, Investing, and You: A Few Questions Answered

Much ado about nothing – If you describe a situation as much ado about nothing, you mean that people are making a lot of fuss about something which is not very important.

In his book Fooled by Randomness, Nassim Taleb wrote that “news makes idiots of us because it gives us confidence, not insight.” Like a PhD in macroeconomic theory. Now is one such time of the year in India, when after the Union Budget is announced, a lot of us are feeling and behaving like PhDs in macroeconomic theory.

Like a school friend of mine, who called up recently to ask my views on the Budget, and before I could say, “I don’t have any view!” lectured me for thirty minutes on his views.

“How should my investment strategy change with the Budget announcements?” he asked near the end of the call.

[Read more…] about Budget: Much Ado About Nothing

Value Investing Workshop is a one-day session where I teach the most important principles and practices of value investing and move through an entire structure and process of picking up high-quality stocks using these principles.

Apart from teaching the process of picking the right kind of businesses using the rules of value investing, the Workshop also covers the core ideas in Behavioural Finance – how cognitive biases hurt our investment returns and steps an investor must take to minimize the mistakes on this account.

Overall, I have sifted through a mountain of amazing books, documents, lectures, plus my experiences in investing to bring to the table the most important practical ideas in becoming a sensible, successful, long-term investor.

The Mumbai session of Value Investing Workshop is on Sunday, 8th March 2020.

Click here to know more about and register for the Mumbai Value Investing workshop.

Camp Millionaire is our game and activity-based financial education program for children of age group 8 to 14 years. Kids learn how to make, manage, multiply and donate their money wisely first hand in this day-long program and they have fun doing it.

The main objective of this program is to provide a stimulating, fun-filled, learning environment where kids can feel safe exploring and learning the various principles, ideas, and skills needed to create a financially successful and responsible life.

The Mumbai session of Camp Millionaire is on Sunday, 19th April 2020.

Click here to know more about and register for the Mumbai Camp.

Email me at vishal[at]safalniveshak[dot]com if you have any questions around these workshops.

Alcohol math. Wine multiplies itself by itself. The more you have, the more you are likely to have. And if it’s hard to stop at one glass, it will be impossible at three. Addition is multiplication. ~ Matt Haig, Reasons to Stay Alive

Debt math is exactly like that. The more you have, the more you are likely to have. And if it’s hard to stop early, it will be impossible later.

Economics has a term for this – debt spiral, which is a situation where an individual, or a business, or a country sees ever-increasing levels of debt. This increasing levels of debt and debt interest becomes unsustainable, eventually leading to debt default.

[Read more…] about The Math of Debt