What Your Banker Wont Tell You

By Vaibhav Anand

Making money is hard, they will tell you. Or that you need to buy X insurance or Y mutual funds or a 3BHK in Z place. Your banker, your money manager, even the avuncular neighbour who sells you LIC policies, will seem incredibly earnest as they give you what is actually self-serving money advice.

Coming from someone who's spent years in banking, 'What your banker won't tell you' is a simple do-it-yourself guide for investing in India. Spanning investment instruments across real estate, mutual funds, equity investing, debt, gold, Vaibhav takes you through fundamental tenets and easy to follow steps to grow your money and keep your banker from taking some or almost all of it.

Read this book before you let your banker or LIC uncle mis-sell you something again.

• Language: English
• Publisher: Srishti Publishers
• Release date: Apr 24, 2020

Book preview

what your banker won’t tell you

Simple golden rules of investing and creating wealth

Srishti Publishers & Distributors

A Unit of AJR Publishing LLP

212A, Peacock Lane

Shahpur Jat, New Delhi – 110 049

[e-mail]

First digitally published by

Srishti Publishers & Distributors in 2020

Copyright © Vaibhav Anand, 2020

This is a work of non-fiction, based on the author’s experiences and life-learnings. It provides practical solutions to everyday problems, but the recommendations given herein are in no way intended to be a substitute for professional advice and help.

The author asserts the moral right to be identified as the author of this work.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of the Publishers.

Contents

Foreword

First off, no-brainer investments

After no-brainers, where do I invest?

Are Gold and Fixed Deposits bad?

How to make money in the stock market?

Why won’t my property appreciate in value (or sell at all!)?

On Mutual Funds

In Conclusion

Foreword

Almost everyone in the world wants to have more money than they already have. (If you are not one such person, please do not read beyond this page.) However, the science and math of saving money and generating wealth is rather poorly understood. This book attempts to answer questions on wealth generation such as:

• What is financial planning?

• Should I stop buying gold