|| Rich Preach || A financial liberation movement

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Rich Preach is a compendium of financial awareness. This is an attempt to ignite financial literacy and demystify the tricks of making money. The approach is not a short cut but knowledge driven. The author has tried to keep the vital information crispy and understandable to a common individual.

Investment guru, Benjamin Graham, has talked much about value investing and value stocks in his book “The Intelligent Investor”. Let us simplify the concept so that you do not have to browse entire book.

Sector specific trends lead the market to mew heights. During early 2000s we witnessed IT, Oil, Banking and Pharmaceuticals leading the market. Thereafter, Telecom, Real Estate, Power and Brokerage Firms drove market to 21000 marks.

In general, saving for retirement takes less precedence over meeting day-to-day expenses. You should start investing for retirement as soon as possible.

These days we come across a myriad of wealth management products. Banks and other financial companies are more than eager to manage your money and promise handsome returns. Wealth managers and relationship managers of these companies may not be ethical and trustworthy always. You should equip yourself to judge their capability and knowledge about their own products. The idea is to prepare a checklist and be fully satisfied before investing.

There are certain proven philosophies for investing in equities. We must keep this as checklist while taking crucial decisions of investing in equity market. The principles are applicable to all kinds of market conditions.

Traders, barring stock brokers, tend to loose money by playing for short term in the equity market. If you book handsome profit while trading, it is by dint of luck and not due to smartness.