- The author, Mahesh Trivedi, is a retired business editor, Divya Bhaskar and regular columnist in leading Gujarati dailies and magazines, and also treasure trove of knowledge on personal finance and financial planning
- Trivedi’s book does a fantastic job of making people understand why individuals make the decisions to do, and thinking about things in a certain way can help us create much better financial behaviors to grow wealth over time
- In this book the author explains how planting of money with proper planning done today can help one to reap fruits of rupees in future
GOWRI MANICKAVASAGAM
With the advent of social media, aam aadmi relies more on the WhatsApp University than the time tested books for any information. One can become Warren Buffet, the legendary investor and one of the wealthiest people in the world if he regularly reads books. He has made most of his fortune from stock market investments. Books are a tried-and-true resource for financial advice, but there are hundreds of options to choose from. MONEY Plantation, written by Mahesh Trivedi, retired business editor, Divya Bhaskar and regular columnist in leading Gujarati dailies and magazines. He is a treasure trove of knowledge on personal finance and financial planning. With his nearly 40 years of research and analysis, Trivedi presents personal finance as a means to living a fulfilling life, and encourages a holistic personal finance approach by reflecting on people’s emotions, relationships, and history with money as foundational elements of financial decision making.
Trivedi’s book does a fantastic job of making people understand why individuals make the decisions to do, and thinking about things in a certain way can help us create much better financial behaviors to grow wealth over time. This book has something for everyone – couples, youth and old, retiring people. He made investing principles – asset allocation and risk and diversification and the power of saving and building wealth – a lot easier to understand.
The author focuses on the importance of long-term investing. The power of compounding works in the long run. Historically, asset classes such as equities, gold, real estate, etc., gave good returns to investors when they held them for a long period. He advises all to adopt planned investment in various investment sources like stock market, mutual funds, gold-silver, real estate etc instead of putting all eggs in one basket.
The author advises whichever financial product you plan to invest in, research it thoroughly. Before investing, understand the financial product features, return potential, risks involved, etc. The research part helps you know what you are doing, thereby reducing the risk.
Many people invest based on tips or recommendations from family, friends, colleagues, acquaintances, etc. Some of these investments can lead to losses if you have not done your homework correctly. Hence, either do research or take the guidance of a qualified and experienced financial advisor who keeps your interests above everything else.
He has been writing Earn, Plan, Save and Spend (EPS) column in various newspapers and magazines throwing light on how to invest in various investment instruments. In this book the author explains how planting of money with proper planning done today one can reap fruits of rupees in future. An attempt has been made to explain in understandable language with examples how your money can be earned by planning and systematically investing the money saved from one’s sweat earnings to prepare for future financial needs as well as for a peaceful retirement life.
In a nutshell, an attempt has been made to make this book useful for when, how much, how and for how long to make planned investments in various sources, including stock market, mutual funds, gold and silver, real estate etc. to save and use for future financial needs. In short, the book “MONEY PLANTATION” can be useful in knowing how life management can be done via prudent financial management.
About the author
Mahesh Trivedi– 9909007975 (WhatsApp)
He is a retired business editor with 37 years of business journalism experience in various newspapers, including Times of India (Gujarati), Gujarat Samachar, Divya Bhaskar.
Publisher
Sri Gajanan Library, Sukharam Building, Opposite Commerce House, Tower Road, Surat- 395003.
Price: Rs 225
This book is also available at all bookstores in major cities of Gujarat
