Idea Almanac

I asked my friend how she would define retirement, and she said, “Not having to work at all anymore.” What does her definition imply?
Traditionally, you work because you need money. You wouldn’t survive without your paycheck, at least not for long. So, if retirement means not having to work at all anymore, then the definition implies financial independence.
Retirement = freedom.
Retirement = choice.
Retirement = financial independence.

Excerpt From: Rachel Richards. “Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence”

Idea Almanac

“It was a priceless education. Jack Bogle, the index fund icon who founded Vanguard, which now manages $6.2 trillion, talked to me about the formative investment lessons he’d learned from his mentor and “hero,” a mutual fund pioneer named Walter Morgan: “Don’t get carried away. Don’t take excessive risk.… Keep your costs low.” And: “The crowd is always wrong.” As we shall see, Bogle also explained why “you don’t need to be great” to thrive as an investor.”

Excerpt From: William Green. “Richer, Wiser, Happier.”

Perspectives

These books about money and investing help improve your returns on investments. This compilation includes books about Behavioural psychology, ways to beat the market, understanding market cycles and finding 100 baggers. These books are absolutely essential for beginners  in investing

Perspectives

There is growing interest in stock market in India due to falling interest rates in banks, and lack of other investing opportunities. Here are the 6 best investing books you should read before you start investing in stock market. From Art of Investing to Science of Investing, this list covers all you need to know.

Book Review

his seminal work by Benjamin Graham, updated with commentary by Jason Zweig, offers a comprehensive guide to value investing, emphasizing principles like the margin of safety, investor psychology, and long-term wealth creation.

Startup Strategy

In 2010 we started Paytm. Between 2011 and 2020, we have been a payment company and a bank. This decade will see us as a large financial services company from being an internet company.

– Vijay Shekhar Sharma