Wealth Management Talk at Nokia

Recently (24^th, Feb 2012), our HR organized one hour session on wealth management by Ferdinand Wealth Management Pvt. Ltd. The session was useful for beginners. I expected to know available investment channels. The session ended more-or-less question hour.

The presenter Sharath having bundle of knowledge. However, he was not successful in meeting the objective. We were not able to walk though all of the slides, nor it is organised. I learnt lesson on how to be away from deviations due to some question. The problem with audience was every one aware of investment options, and bought different investment products. Most of the session time went to into argument of “who is correct”. Constructive discussion really helps than arguments.

Surprisingly, he mentioned there are only four financial planners in Bangalore who dedicated their career to personal finance (an opportunity for would be CFP??). Manish Chouhan is one the name mentioned by him. Few of employees in my cab are getting guidance by Sharath. Their feedback was good.

Thanks to Sharath for the session. Hope the criticism helps him in next session.

http://goo.gl/hDwIH

New book - Jago Investor

I read a new book titled "Jago Investor" (Jago - Hindi equivalent to 'weak up'). It is nice book capturing personal finance in precise articles. Even though I am following few of the principles in the book, it is an eye opener in many aspects. Especially, it makes you to question yourself "What is the target of every rupee that you are spending" prior to actually spending.

After reading the book, don't fall into the jargon of just saving, contented life and personal commitments are also equally important. Defining targets will balance personal life and savings.

Good book, and recommended for the people who started their career recently. It is available on Flipkart.