Investment Risk and Growth By RK Mohapatra | Readoholic

Personal Finance is an important aspect of adult life, and often the most neglected. People don’t take finances seriously, and this is often due to ignorance or laziness.

About the Author

R K Mohapatra, a financial expert and author of three books on personal financial planning and retirement planning, is one of India’s most well-known authors.
1. Retirement Planning: A guide for individuals.
2. The Guide to Investment Risk and Growth: A guide for investors about investment vehicles.
3. Mutual Funds: An incredibly powerful investment avenue for individuals.

R K Mohapatra is a MBA/Finance, FCMA with a vast 27-year history in finance in India. He currently works as the General Manager of Finance at IRCON INTERNATIONAL LTD in New Delhi.

R K Mohapatra was a student at Utkal University, Bhubaneswar. He received a Bachelor’s degree in Economics Hons. 1983). He was awarded a place in the Cost & Management Accountant course at the 1988 ICAI of Kolkata.

He also obtained a MBA /Finance from Sylhet’s Leading University in 2007 and is now a fellow member of Institute of Cost Account of India.

CMA R.K.Mohapatra discusses the topic of financial planning in India. He also talks about future growth for the product. This reflects the investor’s view on how to manage their hard-earned cash through investment planning.

R K Mohapatra received the “IRCON Managing director award” for his exemplary efforts in 1999-2000.

In 2008, he was honored by the Kalagul Shaktipeeth Trust, Sylhet for his significant social work and philanthropic efforts at Shaktipeeth Maa Kalagul Temple.

R K Mohapatra was awarded the Eminent Author Award at the 32nd Dr. S. Radha Krishnan memorial, National Media Network Awards-2016, for his meticulously bestselling book, “Retirement planning – A simple guide to individuals”, in New Delhi.

R K Mohapatra (Ircon International Ltd) was awarded the Exemplary Leader Award 2019 by the 18th Asia Pacific HRM Congress.

In addition to his financial and accounting work, his contributions to the social and religious realms are also admirable.

The author has a passion to write on many platforms. Articles on financial issues in newspapers, magazines, blogs and other media, as well as spreading knowledge via online media.

What is this Book Consist of

Personal Finance is an important aspect of adult life, and often the most neglected. People don’t take finances seriously, and this is often due to ignorance or laziness.

Although laziness isn’t a cure for everything, R.K. Mohapatra walks us through the details of risks and investments, and teaches us how to protect our financial future.

Learnings from Investment Risk and Growth

Investment Risk and Growth a book about a specific topic.

It is helpful in understanding personal finance, and more specifically investment and risk nuances. However, it will not appeal to those who don’t have a working knowledge of finance or other financial terms.

Investment Risk and Growth makes use of a lot of examples, graphs and illustrations to help the reader understand the concepts.

A few tables are included to add to the wealth of information provided by the author.

Writting Style

The language used by the author is academic and I felt like I was reading a finance course book.

The emphasis is on explaining concepts using examples and illustrations. This will appeal to people who are interested in numbers.

It is a pleasure to see the author take great care in explaining important calculations such as returns, taxes liabilities, capital gains and losses, financial ratios, equity, etc.

What did I like ?

The book’s structure is well-designed. After a brief overview of investment and risk, the book explains the different options available to Indian investors depending on their financial needs, age and risk appetite.

The author then discusses in detail the various investment options – real estate, insurance, equity and debt.

While discussing various options, the author also discusses legal issues and other provisions. This added information, especially in relation to taxes, was a bonus.

Conclusion

Investment Risk and Growth will provide value to anyone who chooses to read it.

Although it will only appeal to a small number of readers, I believe the author did a good job in explaining and making the reader familiar with all aspects of risk and investment.

It would have been a great book if it had more theory than numbers. This is because I prefer to give numbers a miss, just like most readers.

Read the book If :

• You want to Learn Finance
• Want to invest your money Properly.
• Want to Gain Knowledge about personal Finance.

Skip the book if :

• You’re not looking for a book about personal finance.
• You are just starting out and want to learn the basics of risk and investment.
• You’re looking for an academic study on investment and risk.

If you love reading self-help books:

1. Think like a Monk by Jay Shetty
2. Think and Grow Rich by Napoleon Hill