Investing 101 - Build Wealth. Be Free. - UNOVEST

[Pages:85]INVESTING 101

Master the money basics and make winning decisions over the next 50+ years of your investing journey

E-Book created by: Vipin Khandelwal Unovestor

INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Introduction

Hi

It's sad that thousands of crores of money of investors like you has gone down the drain by investing in bad financial products.

The chances that you will have to work longer to achieve your retirement, your financial freedom goes up with every stupid mistake that you do with your money.

And it is quite likely that the bank that you trust so much is taking you for a complete ride.

You see it's a jungle out there, a financial jungle. There are howling jackals, hissing cobras and cunning foxes ready to prey on you.

And, if you are not prepared, the chances that you will make it through are pretty bleak.

You have to arm yourself with the knowledge and the weapons to be able to protect yourself from the hungry wolves that are there to devour your hard earned money.

And you have to do it now. The good part is that this is a risk you can control. You can secure your finances as also ride through this financial jungle to your ultimate freedom.

That's where Investing 101 comes in.

This book has one single focus. To equip you the most important things about money and investing that you can use to make sensible and rewarding investment decisions.

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Over the next 50 years and more of your investing life, these "important concepts" will stand guard for you and help you make the most of your money.

As you go through this EBook, you will

Understand the most important basics of investing Get the tools to evaluate investing decisions Build a mental framework to think money Get a checklist of the most important things to do with your

money Know how to ask important questions about money and

investing Realise the role of insurance in personal finance and how is it

different from investing Start to focus on the right sources of information for decision

making Save your taxes without the last minute rush and with a focus

on your financial plan

So, go ahead and get yourself a lifetime of mental peace.

-While you can read this eBook, it will be great to revisit some of these lessons again. Hence, you should go to this link and subscribe to receive the course on email as well. Each one of these lessons will arrive over a few weeks and help you build a solid understanding.

If you have any feedback or comment that you would like to share, feel free to write to me at vipin@unovest.co.

All the best! Vipin Khandelwal

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Disclaimer

All information in this eBook is for education and information purpose. It is to help you become a better investor. None of the information in this document is to be considered as investment advice.

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Lesson Index

1. 10 money basics you should never forget 2. The ultimate formula to create wealth 3. 7 laws of investment diversification 4. How to save taxes smartly? 5. The real purpose of insurance + 2 ways to calculate your

insurance cover requirement 6. Equity Investing - Let's get this straight 7. The 3 essential elements of investments 8. Meet your 3 new friends ? PV, FV, XIRR 9. The 3 investment mistakes you should avoid 10. Who should be your investment adviser?

Bonus #1 Beware of Financial Porn Bonus #2 The Ultimate Money and Investing Checklist

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Coming Soon!

UNOVEST MONEY MASTER

Soon, I am launching a new premium course, Unovest Money Master. Once you complete Investing 101, you will have a solid grasp of the most important things and concepts about money and investing. Unovest Money Master will take it all to a new level. In this course, you will practise step by step all that it takes to build a winning investment portfolio. Having worked with hundreds of individuals over the past several years and helping them make the best possible decisions with their money, I am now going to teach the same strategies to you. The Money Master course is going to empower you to:

Take the guesswork out of your money decisions Stop making stupid mistakes and losing money Secure your financial future Achieve your financial freedom If you will like to receive more information about this course and its launch as also get an early bird discount, click here. Regards, Vipin

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Lesson #1

10 Money Basics you should never forget

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INVESTING 101 ? THE MOST IMPORTANT THINGS ABOUT YOUR MONEY

Money basics are not just about numbers or calculations but about behaviour too.

There are several of them. Here is a quick overview of 10 such basics. Useful to refresh even if you know them.

#1 Never let your money be idle

What if I say that I would pay you a rupee after 1 year instead of today? I bet you will not be okay with it.

Why? Because there is a potential return on money that you can earn, such as interest. You can take the rupee today and earn that interest for 1 year. Hence a rupee today is clearly preferable.

Based on the concept of `time value of money`, a rupee is more valuable today than it would be 1 year from now.

Not letting your money work and leaving it idle is bad for your financial future. Put it to work. By the way, money lying in your savings account is as good as idle.

#2 Inflation is a hidden tax

A related concept to Time Value is Inflation. Inflation is the rate at which prices increase. So, if you bought vegetables at Rs. 100 per kg 1 year ago and the same set of vegetables now cost Rs. 110 per kg, then the price has gone up by Rs. 10 per kg or 10%.

You see inflation is sort of a hidden tax that eats into your money and reducing its value. Let's take the same example as above. If your income increases by Rs. 15 to Rs. 115 and the price by Rs. 10 to Rs. 110, then after paying for the extra prices, you are left with just Rs. 5 (Rs. 15 ? Rs. 10). That is the real increase in your wealth, net of inflation.

#3 Use the Power of Compounding

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