Safal Niveshak's Art of Investing Workshop Chennai

I attended this session on March 3^rd. I always told myself that I will definitely attend a session on share market investment , but was  looking out for the right opportunity.

I tried looking up  for classes and workshops  but in vain.

Sometime in Jan I came across the Safal Niveshak website and got hooked, then immediately came this opportunity and I took the plunge.

I like Vishal’s genuine passion for sharing knowledge. It’s a unique offer, he asks you to give any amount between 0 to Rs. 5000  for this training!

The following are the things that I learnt:

1.       How to read the Balance Sheet and look out for key numbers and ratios and using Screener

2.       Buy a share  which is much below its intrinsic value. You need not buy the best share, it’s enough to buy even an ordinary share at a discounted price. What you pay is very important.

3.       Do not buy Index Funds in India.The books that you have read which asks you to invest in Index Fund is written by western authors. The Index that they have here in India is not mature enough and it has frequent churning of stocks. 

4.     Do not sponsor the higher education of your child. Support till school and they can take educational loans

5.       Uncertainties and Risks are different. Risk can be calculated, uncertainty cannot be. Need to know Human Behavior so that we can respond rather than react to situation (one of the  materials for this training is “As A Man Thinketh”)

6.       Have journal to jot down your investment decisions(Better to have a journal for life as well). This will be helpful to reflect upon the decisions made and refining the investment style.

Here is the link to the blog regarding the workshop