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Book Cover for: Golden Rules of Investing, Lalit Prasad Mohanty

Golden Rules of Investing

Lalit Prasad Mohanty

Golden Rules of Investing

Golden Rules of Investing is your essential guide to building long-term wealth with clarity, confidence, and discipline. Written in an easy-to-understand style, this book uncovers timeless principles that every investor-beginner or experienced-should know.
This book Contains:

Chapter 1: The Foundation of Long-Term Investing Success

  • Principles of Patience and Discipline: Key attributes for sustainable investing.
  • Developing Emotional Resilience: How to manage emotions in volatile markets.
  • Setting Realistic Expectations: Defining goals and recognizing the typical timeline of compounding gains.
Chapter 2: The Power of Compounding - Making Money from Money
  • Compounding Explained: How small, consistent investments grow exponentially over time.
  • Case Studies: Examples of how ordinary individuals have grown wealth through compounding.
  • Choosing the Right Assets for Compounding: Balancing stocks, bonds, and mutual funds for optimal growth.
Chapter 3: Choosing the Right Investments for Long-Term Success
  • Stocks, Bonds, and Index Funds: Diversifying your portfolio with various asset classes.
  • Assessing Risk Tolerance: Matching your investments with your ability to take risks.
  • Understanding Market Cycles: How to identify growth opportunities in different economic phases.
Chapter 4: Handling Market Crashes with Confidence
  • The Benefits of Staying Invested: Why not to panic-sell during downturns.
  • Historical Market Recoveries: Examples of past crashes and how markets rebounded.
  • Strategies for Reinvesting Wisely: Using crashes as buying opportunities for quality assets at low prices.
Chapter 5: Strategies for Long-Term Wealth Accumulation
  • The Importance of Reinvesting Dividends: Leveraging compounding for exponential growth.
  • Balancing Growth and Value Investments: How to incorporate high-growth stocks with stable, dividend-paying stocks.
  • The Role of Dollar-Cost Averaging: Minimizing the impact of volatility by investing regularly.
Chapter 6: Behavioral Biases That Affect Investment Decisions
  • Recognizing Cognitive Biases: Common psychological traps like overconfidence, loss aversion, and recency bias.
  • Combating Emotional Decisions: Strategies to ensure logical decision-making even in emotional market moments.
  • Maintaining an Investor's Mindset: Reinforcing the core beliefs and habits needed for lasting success.
Chapter 7: Regular Portfolio Review and Rebalancing
  • Setting Regular Review Intervals: When and how often to check your portfolio.
  • Adapting to Life Changes: Adjusting your strategy to align with major life events (career shifts, retirement, etc.).
  • Rebalancing to Maintain Strategy: Why periodic rebalancing is key to controlling risk.
Chapter 8: Long-Term Tax Strategies for Investors
  • Tax-Advantaged Accounts: Utilizing retirement accounts and other tax shelters.
  • Tax-Efficient Investing: How to minimize tax burdens through investment choices.
  • Capital Gains Strategies: Minimizing taxes on gains through long-term holding and strategic selling.
Chapter 9: Coffee-Can Investing - The Art of Letting Investments Brew
Chapter 10: Value Investing - Finding Diamonds in the Rough
Chapter 11: Index Investing - Simple, Effective, and Low-Cost
Chapter 12: Creating a Legacy - Generational Wealth through Investing

Book Details

  • Publisher: Independently Published
  • Publish Date: Apr 9th, 2025
  • Pages: 104
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 9.00in - 6.00in - 0.22in - 0.33lb
  • EAN: 9798317342869
  • Categories: Investments & Securities - General