Investments: Art or Science
Contents: 1. What investment is all about? 2. Environmental and regulatory aspects related to investments. 3. Structure of markets in India. 4. Approaches to investment decision making. 5. Spectrum (various choices) of investment avenues for investors. 6. Concept of value and return (measuring investment returns). 7. Risk and return (trade-off)- measuring total risk. 8. Fundamental analysis - (macroeconomic view analysis). 9. Industry analysis. 10. Company analysis. 11. Technical analysis. 12. Efficient market theory. 13. Behavioral finance. 14. Analysis of fixed income avenues. 15. An overview of Indian securities market. 16. Valuation of equity shares (capital market theory). 17. Commodity market. 18. Real estate market. 19. Foreign exchange market. 20. Financial derivatives market. 21. Portfolio management. 22. Mutual fund. 23. Insurance planning. 24. Retirement planning. 25. Estate planning (succession through registered will). 26. Tax aspects relating to investment. 27. FEMA guidelines relating to investment in India. 28. Common errors in investment management. 29. Guidelines for investments. 30. Presentation of the investment financial plan. 31. Research in investments. 32. Six sigma approach for different investments models.
It is a comprehensive volume covering almost the entire gamut of investments - right from the fundamental concepts of investments to the complexities of derivatives and the commodities markets. It covers a variety of investment options with simplified tables thus, providing a useful guide for making good investment decisions. The fundamental considerations for any investor are: safety, liquidity and returns. For the conservative investor, guidance is provided on debt market and, for an adventuresome there is guidance on stock and commodity markets. Clues for risk management are also given.
Discussion on individual/ family risks versus available investment options, highlights and appropriately helps varied types of investors to check out as to what way one should ascertain suitable kind of investment options amongst the many available in the market.
Topics such as fundamental and technical analyses are an added advantage to gain insight. Chapters on "Commodity Markets" and "Foreign Exchange Market" along with regulatory guidelines under FEMA are worth reading to understand the importance of these powerful investment segments - usually not explored by common investors.
This book is recommended for anyone who wants to secure his financial future, as it covers not only investment planning for oneself, but also for future generations through successive planning and testamentary dispositions.
