The Guest talk started with the Investment Mantra of Warren Buffet, “Risk comes from not knowing what you are doing”. He started with the basic concept of financial planning and highlighted the difference between the stock market and mutual funds. He explained that a mutual fund is the pool of investment and contains less risk as compared to the stock market. Thereafter, he discussed components of financial planning and the financial life cycle. He stated that Equity Mutual Funds carry a higher risk but also give higher rewards as compared to Debt Mutual Funds and Gold Mutual Funds is the traditional hedge.
He ended his talk with Do’s and Don’ts of investing and advised that one should be realistic about investment goals and invest systematically.