India is witnessing a major change in the way we look at money. Having reached the middle income status as a country, a vast section of the youth is now aspiring for higher financial goals. This large population is breaking away from its parents in almost every way, including financially. But the new generation of Indians entering the workforce demand more knowledge on their investments. They constantly grapple with complicated questions surrounding money: What do they do with their money? How do they plan for their future? Most of the time, they get bad advice. Mutual funds have not really delivered meaningful returns, stock selection is extremely complicated and sophisticated investments like PMSs, AIFs, etc., are only for the wealthy.
This book tries to help these young investors by offering them a framework they can use to create wealth in the long run. Using the wisdom and experience of Indian's top personal finance professionals, the book answers critical questions, such as: Should I rent a house or buy a house? Passive investing versus active investing? Stocks versus mutual funds? Debt funds or FDs? And finally - crypto or no crypto?
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Anupam Gupta is a chartered accountant, investment research consultant and podcast host. He has worked for two decades in institutional equities as an analyst and as a consultant with leading brokerages such as CLSA, HDFC Securities and Barclays. Since 2014, he is an investment research consultant with a leading domestic brokerage. Aside from his work as an equities analyst, Anupam is also a freelance writer on a range of topics from macro economy to investment perspectives. His bylines have appeared in Business Standard, Scroll and the Ken. Since mid-2017, Anupam has been hosting the Paisa Vaisa podcast, which focuses on personal finance. Through the medium of podcasts, Anupam invites experts to talk on all things money so that listeners can make well-informed financial decisions.
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