Our 6th ‘Investor Story’- By Mr. Manoj Garg.
Life is never smooth, one has to make it smooth….sums up my Investment journey in one sentence.
Just like thousand of over-confident punters, my first investment was buying futures of Tisco, in which I lost Rs.1 Lac – And that was my entire net-worth (from childhood to entering College life) and that was the biggest lesson of my life.
Thereafter, I vowed not to do any more “Faatka”. And started applying my super brain in IPOs and bingo – repeated my Life’s BIGGEST mistake by rejecting & not applying in the IPO of Infosys. The biggest regret of my life till date.
These 2 mistakes took the wind out of my sail and I turned into a Vintage car from a Sports car and also realized that these bets on IPO won’t create wealth for me.
I started exploring all the options, from Stock Market, IPO, FD and found MF as a fascinating product. My choice was reinforced when I found my Guru in Mr.Naveen Sukhramani and he taught me each & everything about MF.
With total dedication & in a focused manner, I learned everything about MF, which helped me in securing my first job as Zonal Head (Investments) in ICICI Bank.
As the time passed, as, I moved to IDBI Bank & then to Tata Mutual Fund, it was Mutual Funds only which became my bread earner as well as the Investment tool also.
Slowly my investment habit took over my Job role i.e. Mutual Funds and till date, it is only Mutual Funds, which has shaped up my entire net-worth.
Even today, when I am a Trainer that too in Mutual Funds, I can vouch that MF is a one such Investment tool, which can easily replace all your other forms of Investment.
Happy Investing..!
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