An article published on moneycontrol
I truly believe that investing and finance is not as complicated as it is made out to be.
Last week, I chanced upon meeting an old client of mine, who worked with the army. He told me that he started investing in mutual funds with a sum of Rs 5,000, way back in 1997(back then the industry was still in its nascent stage). As time progressed, he spread out his investments into some blue-chip stocks but never did the investment amount exceed more than Rs 20,000 a month. He retired a few months back, with a neat corpus of Rs 3 crore; the wealth he solely created by investing in mutual funds and some equity stocks.Mind you, the gentleman was no stock market wizard – just a diligent investor, who regularly placed a part of his corpus in investment instruments and saw his returns gradually grow with time. He, as Rolf Dobelli put it, did not base actions on the outcome but based his decisions on the fact that money invested smartly will multiply with time.