Tag: Books

  • To those people who have gained knowledge from reading books, How relevant is Mark minervini books ?

    To those people who have gained knowledge from reading books, How relevant is Mark minervini books ?


    I have read few books about stocks but I feel their benchmarks and strategies dont work well in context of Nepse, planning to study books of Minervini so wanted to get your feedback first, and also please suggest books that are revelant in Nepse in your opinion.


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  • recommend some finance books please

    recommend some finance books please


    I just want some books that explain bonds, the economy and generally finance.i would say a book similar to security analysis many say it’s outdated,so just a similar modern version.

    some of my prev reads were:

    the art and science of TA,and other TA books

    options made easy


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  • Recovery in Microfinance & Books Manipulations

    Recovery in Microfinance & Books Manipulations


    Despite the halt in loan flows, high base rates, and increasing credit costs, year-end financials in microfinance might show unexpected improvements. However, it’s crucial to remain vigilant as these changes could be due to creative bookkeeping in response to these difficult circumstances rather than a genuine financial recovery.


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  • Becoming an Investor in Nepal

    Becoming an Investor in Nepal


    Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment opportunities.

    What distinguishes an investor from others?

    Based on a book written by Robert Kiyosaki Rich Dad Poor Dad, people can be divided into four distinct categories in terms of generating income. They are:

    1. Employee (Salary-based) are those who work for others in order to meet their needs. They are paid at the end of the month for their work. Job holders are included in this category. Employees benefit from security because they know they will be paid at the end of the month. The main disadvantage of being an employee is the lack of freedom.

    2. Self-employed are individuals who work for themselves. They have more freedom than salaried employees, but they must work like salaried employees to meet their demands.

    3. Businessmen are the owners of the company Business owners hire others to work for them. They create products and services in order to make money.

    4. Investors invest in businesses and stocks for profit.

    According to the book, in order to become wealthy, you must be either a businessman or an investor, or both.

    Investing characteristics

    Not all of your money can be considered an investment. There are a few factors that distinguish between spending and investing. The following are the two most important characteristics that every investor should possess:

    1. Safety of principal

    The principal is your machine, which can print money for you. It is in your best interest to keep your machine in good working order. When you lose your principal, you can’t make money off of it. As a result, the safety of the principal should be your top priority.

    2. Adequate return

    When you put your money into a good business, you get something in return. Your return can take the form of cash, shares, or stocks. What you should remember is that your principal earns you some level of return. You should not expect a return on your investment that is exponential or even out of the realm of possibility. Investing with a non-realistic expectation of return is gambling. Never put your principal at risk. It is all you have.

    Benefits of being an investor

    1. Beating inflation

    Inflation is a term used to describe the gradual decline in the purchasing power of money. A popular saying goes, “A dollar today is worth more than a dollar tomorrow.” As an investor, you have the ability to outperform inflation and keep your money’s value constant. You should always keep an eye on inflation and strive to outperform it. Your investment return should always be greater than your country’s inflation rate.

    2. Own businesses of different types

    It is yet another advantage of being an investor. You can own as many and as varied businesses as you want. What you should have are some investing principles that you can use before you start investing. After you’ve established your investing principle, the world is yours to explore.

    A popular investing field in Nepal

    There are three main popular fields of investing in Nepal. They are:

    Land and Real estate

    Real estate is and has always been the best investment opportunity. Real estate investment generates income from two sources: renting and selling real estate. It can be both active and passive investment. You can actively buy and sell properties, or you can simply invest in real estate and let time do the work of calculating your income. You can always expect your property’s value to rise over time. In the meantime, you can use the money you earn from renting to cover your day-to-day expenses.

    Interest yielding deposits

    Banks in Nepal offer competitive interest rates on fixed deposit savings. You can protect your principal by using fixed-deposit schemes offered by commercial banks or development banks in Nepal. While cooperative companies in Nepal have high rates of return, they have a bad reputation for fraud or scams. It is not a good idea to put all of your money in cooperatives.

    In Nepal, there is also peer-to-peer lending. It pays a higher interest rate on your money than institutions, but it also carries a higher risk.

    Interest-bearing deposits are one of the best passive income ideas in Nepal, regardless of where you choose to invest.

    Nepal Stock Exchange

    Nepal Stock Exchange (NEPSE) is the country’s sole stock exchange. If you are new to this, you can read the NEPSE beginner’s guide. Investing in stocks provides you with two significant benefits. You can be a shareholder in any company you want, and you will receive an annual return. Alternatively, you can sell your stocks if the price rises. Stock investing, like real estate investing, allows you to be either an active trader or a passive investor. Stock investing can begin with as little as 100 rupees. Stocks could be the next best small business in Nepal for you.

    Furthermore, the best investment you can make is in yourself. Always seek to broaden your knowledge. Read books, websites, and news to stay current. One thing that all of the best investors have in common is that they are voracious readers. As the saying goes, the more you learn, the more you earn.

    Lastly…

    It is not easy to become an investor. To become a good investor in Nepal and other countries, a certain set of principles and hard work are required. However, it is not as difficult as learning rocket science. Anyone can become a good investor with careful planning and dedication. There are a few things you should never forget and a few things you should never forget. Best wishes for your investment.

  • Leadership tip: Can Toastmasters serve as your cue?

    Leadership tip: Can Toastmasters serve as your cue?


    James Clear explores how our environment affects our habits in his best-selling book Atomic Habits. If we want to read more books, placing books in various parts of our house can serve as a sign to our minds to read; similarly, placing notebooks and pens throughout the room might serve as a sign to write.

    If you want to improve your leadership and communication skills, you’ll need to start with a habit. Toastmasters might be a good place to start.

    While we may have always been told that communication and leadership are necessary abilities, we may not have always had the opportunity to put them into practice. Furthermore, these are talents that we improve through practicing. We may fumble and fall at first, making the initial step terrifying and frightening. This is where the environmental cue becomes even more important. You are permitted to go blank and forget your lines at weekly Toastmasters club meetings as long as you strive to take that first step.

    This has prompted me to explore with speechcraft and other aspects of communication. With butterflies, boxes, and glasses, I’ve presented speeches. As part of my lecture, I set up the keyboard and played Mozart for the crowd. I’ve put on a magic hat and done tricks that I completely forgot about halfway through. Some of them were successful, while others were not.

    When I found myself in a situation where there were leaders, I decided to improve on my leadership qualities by joining the club executive committee. I had the opportunity to reflect on my strengths and limitations as a communicator and leader in between leadership responsibilities, meetings, and actions. When I had the opportunity to serve as the division editor for Nepal in 2019/20, my relationship with material grew even stronger. Many doors unlocked themselves on this journey, and it was a nudge to open them, both personally and professionally.

    Toastmasters’ philosophy is vast, but if I had to summarize it based on my personal experience, I would say it is the opportunity to try new things. There are a plethora of cues in Toastmasters’ Pathways education program. The ability to think quickly on your feet, the agility to detect compliments and recommendations, and the versatility to build various speeches all become transferable abilities. The teachings become inseparable as you figure out what works and what doesn’t for you. You take it with you wherever you go, at home, at work, and everywhere else.

    Toastmasters has a long and illustrious history, with over 95 years of experience. You might want to dive in for the pearl, or you might want to dive in for a swim, depending on your ambitions, but the most essential thing you’ll find here is an environment in which to grow yourself. Can Toastmasters help you with all of these things and more? You are the only one who can tell.