The document provides advice on taking responsibility for personal finances and outlines six key aspects to consider when investing: Why, What, Who, Where, Which, and How. It discusses reasons for investing like beating inflation and retirement planning. It also covers understanding risk profiles, asset allocation strategies, choosing reputable advisors, comparing investment options, and taking a long-term approach to investing for the best returns.

1. Take Responsibility For Your Finances You Don’t Need To Be A Genius To Get Rich, It’s All About Getting Started

2. The Six Horses: Why, What, Who, Where, Which and How ?????? Why: Need for Investing. What: The Principles, Steps. Who: The Right Advisor. Where: The Institutions, Websites. Which: Products (based on Risk profile) . How: The Process of Investing.

4. Why? Beating Inflation. Retirement Planning Reach your goals of Life. Provide for the uncertainties of life. Earn money from your idle money. Failing to Plan is Planning to Fail!

5. What? Understanding your own risk profile. Time Value of Money. Power of Compounding. Golden rules of Investing: Invest early Invest regularly Invest for long term

6. What? (Cont’d) 5 phases of Financial Planning Assessment Setting Goals Creating a Plan Execution Monitoring & Review

7. What? (Some thumb rules) Asset Allocation: (100/120- age) should be in Equities Not more than 2.5 times the annual income should go for House loan. Rule of 72.( 72/ROI=No. of years) Insurance is not Investment. Understanding your Human Life Value.

8. Who: The Right Advisor Questions to ask! Knowledge Service Office setup. Experience. Commitment. Facilitator, not a Salesman.

9. 12 steps of Investing 1. Obtain written documents explaining the investment 2. Read and understand such documents 3. Verify the legitimacy of the investment 4.Find out the costs and benefits associated with the investment 5. Assess the risk-return profile of the investment 6. Know the liquidity and safety aspects of the investment

10. 12 steps of Investing (Cont’d) 7. Ascertain if it is appropriate for your specific goals 8. Compare these details with other investment opportunities available 9. Examine if it fits in with other investments you are considering or you have already made 10. Deal only through an authorised intermediary 11. Seek all clarifications about the intermediary and the investment 12. Explore the options available to you if something were to go wrong, and then, if satisfied, make the investment.

11. Where? National Stock Exchange SEBI Yahoo! Finance Finance Blogs Value Research Web sites of Companies.

12. Which: Financial Products 650 Mutual Funds, 150 Insurance products, 2500 Stocks in 15 Sectors! Manage an Information overload. Invest in what you understand. Exclude emotions like “Fear” & “Greed”

13. Financial Products Equity Stocks, Derivatives (Futures & Options), Mutual Funds, ETF, FoF. Debt Bonds, Fixed deposits, Debentures NSC, KVP Savings: PPF, Insurance, Others: Credit cards, loans

14. How? Bank Accounts Online Trading Accounts. Portfolio Management Systems. Research Reports.

15. Get Rich Or Die Trying Getting rich is in your hands, nobody else's. So get started with working hard or smart (depends on you again), adding to your finance knowledge and generally taking responsibility for yourself . All the Best