Smart ways to invest and attain early financial freedom

In this session, I would like to share with you the basic strategies that Warren Buffet has followed over the past five decades. Warren started out early in life - as a school kid, he made money selling lemonades and having a news paper route. At the age of 14, with his earnings, he bought 40 acres of land and rented it out. In college, he studied Value investing under Benjamin Graham –the father of value investing. Value investing denotes an approach where investors pick up stocks at rock bottom prices.  He went into stock broking after college and by the age of thirty, he was a millionaire. He started Buffet associates in 1962 - over time bought a dying textile mill called Berkshire Hathaway. Using the cash generated from the mill, he slowly invested in other companies – overtime these investments overshadowed th
Here is a real life case – the name has been changed though. My presentation for this session can be downloaded from had finished her MBA in 2008  – lived in Bangalore with her friends –– was employed in a mid tier IT services firm – had a saving of about 20 K per month. She had come to me for advice regarding investments - this was in Aug 2009. She had looked at options like recurring deposits, fixed deposits, and post office schemes. She knew investment in equity was a high risk / high returns option - was not sure where to start. Pos
Hello students - This week onwards, for the next ten weeks, we will explore the various facets of wealth management - remember that Wealth management is for managing your own wealth - aimed at making you financially independent - where one does not need to work to maintain your lifestyle - as we go through the classes every week, my blog also will follow with one update every week. My plan to cover Wealth management in the next ten sessions is as follows: Session 1 - Overview of financial planning and Wealth management Session 2 and 3 - Equity, Debt and Mutual funds Session 4 -Insurance, Derivatives and Bullion Session 5 -Real Estate, Private Equity and Venture capital Session 6 -Macro Economics Session 7 -Tax planning, Retirement planning and Estate planning Session 8 - Wealth management industry in India Session 9 and Session 10 - executive interaction and Wrap up The first session aims at making you realize that each of us, irrespective of our backgroun
The objective of starting this blog is to help my MBA students with additional content to get a better perspective of the subjects discussed. This trimester, I am teaching two courses, Wealth management and Entrepreneurship, in Christ University Institute of Management in Bangalore. Through this blog, I intend to share my views and contents on these two subjects. Let me start with Wealth management. I believe wealth management is not just for MBA finance students –every graduate must go through the basics of wealth management. After all each one of us should know how to manage our own wealth. As one progresses in life and career, one will earn and save – with the expectation of India’s economy growing at 8% and above for the coming decade – everyone will do well financially in the years to come - and in that context, everyone needs to have a long term plan for achieving what I call “financial independence” – a stage where o