Smart ways to invest and attain early financial freedom

With the election results behind us – I am sure you are looking forward and wondering if you need to rebalance your portfolio. The answer is YES.If you been following my blog and investing accordingly, you should have invested in Pharma and IT sector focussed MF's.
I am not one to forecast what will happen in the elections. But here are my thoughts of what to do post elections results are announced: If we get a stable and reformist government (remember that AAP did not seem to be reformist in Delhi) – Even though most of India’s economic problems are long term and cyclical in nature and will need more than 12 months to effect any change, the direction of government policies will make the stock market bullish. It would be easy to pick investing ideas –  most ideas will be profitable and it would be difficult to make mistakes.
A discussion on Mutual funds – the types of MF’s and how to select the MF for investingMutual  funds are a very good way to start your investment journey and I recommend it to everyone who is looking at becoming rich. This session was aimed at sharing with my MBA students the logic used behind selecting the right MF -  many of my students will become Wealth managers next year  and this would be useful learning for them in their jobs (last year appx. 200 students from my institute joined the WM industry and this year I believe it will be similar numbers).As a primer to this session,
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