group kelasa

When we think about farmland, most of us would get the picture of a landlord in pure white and white traditional dress, holding an umbrella and supervising scores of workers in the field. Gone are those good old days. Now workers had migrated towards city for better job, in whatever betterment that is.

The current landlords are different. They wear dirty khaki clothes, may be bare chested and plough in the muddy field. Farm operations are labour consuming, requires lots of man power. In order to resolve the issue, the land owners team up. They form a group of about 5 and combined effort. They usually meet once in a week, put their effort in one of their land. Round robin method is attempted.

Synergy wins.

Manage your investment risks and returns

Good old book from early 90s. Concepts and topics discussed are relevant till date. The main theme of the book is to walk through different investment vehicles and study the different types of risks involved in those.

Some of investments analyzed are bonds, preferred stocks, stocks, securities, tangible assets, non marketable investments.
These investments are analyzed from risk point of view, like purchasing power risk, interest rate risk, business risk, financial risk, liquidity risk, reinvestment risk, market risk.

The dynamics of these risk, controlling means, are touched upon.

As a case study, three different motivated investments compared. Emergency fund accumulation, saving for major expense, retirement investing require totally different style of planning and process.

Very good read for anyone into investment. Would suggest to read basic materials and then read this book for risk handling.