 |
Two years ago, when Money Today was launched, I had said that I felt the need for credible, simple and useful advice that would make investing money less tricky. Today, the markets have become trickier and the need for advice is even greater.
In the course of 48 months, investors have made and lost fortunes on the markets. In the past few weeks alone, the world has been shaken by a series of unprecedented financial catastrophes that have brought developed markets to their knees. But for us, the spotlight is not on Lehman Brothers or on AIG. What matters to us is the effect of this crisis on your finances. Compared with 2006, the situation has changed dramatically. But for ordinary investors the need remains the same- solid advice to help secure their finances.
Over the past two years, Money Today has offered utilitarian assistance to guide you through the maze of stock markets, mutual funds, insurance and banking. We believe that we can learn as much from you, our reader, as we can from experts in the field. That's why we have strong interactive sections which help us find out what's important to you, whether it's insurance primers or tips on technical analysis.
One aspect that comes through strongly, particularly when the markets slip and slide, is how fragile your plans for the future can be. Saving regularly and investing smartly ought to make you rich over time. At least, that's the theory. But it does not take into account aberrations like the worldwide recession and its impact on India. That's why we all need safe retirement plans which will allow us to maintain our current lifestyles even when we no longer earn. And that's what our second anniversary issue on retirement planning aims to help you with. Plan early and invest smartly, and no matter what happens in the financial world, you can still retire rich.
As we celebrate another year of learning and helping you become richer, we welcome one more Diwali. We hope that this festival of lights brings cheer and prosperity in these gloomy times.
