The world of investing has seen the best of times and the worst of times since MONEY TODAY was launched four years ago. The economy went through one of its finest phases but also suffered one of its worst hiccups. Throughout this eventful journey, the magazine was there to guide you with useful advice on how to make the most of your investments.
Many of the stories in MONEY TODAY have a timeless quality. They are as relevant today as when they were written. With stock markets going through a volatile phase, stock investors can gain valuable insight from the cover story of our inaugural issue on the "Golden Rules of Stock Investing".
When the stock markets witnessed acute volatility in August 2007, our cover story advised calm. Instead of worrying, reaffirm your faith in long-term investing, we wrote. Readers who took heed have become richer today.
The common man has always been and continues to be the focus of MONEY TODAY. Our first anniversary issue in November 2007 was dedicated to his battle for his financial rights. We reiterated this in November 2009, when we looked at the redressal mechanism available to the consumer. The small investor has long been taken for granted by financial service providers.
That is why our fourth anniversary issue focuses on regulatory changes in the financial world that have empowered the common man and helped him get a fair deal. It's not about saving a few rupees here or earning a little extra there. These regulations have shifted the balance of power in favour of the average investor and put him in the driver's seat by bringing in transparency.
Over the past four years, we have tried to break down complex concepts and render advice devoid of jargon. I am happy to note that we have succeeded in this endeavour. Wishing you a prosperous and safe Diwali.
Aroon Purie
