Title: COFFEE CAN INVESTING: The Low-Risk Road to Stupendous Wealth
Authors: Saurabh Mukherjea
Rakshit Ranjan
Pranab Uniyal
Amazon link: Coffee Can Investing
Let us assume you’ve just won a lottery, maybe you’ve received an unexpected inheritance, or just some financial windfall has swept your way….. What do you do with the money? What will be your investment vehicle? Real estate? Commodities? Stocks? Mutual funds?
Well, it all depends on your goal.
Investing your coin can be a daunting issue. As much as it is personal, several books have been authored to try to sell you the 'perfect' investment plan.
Coffee Can Investing is one of the many investment books in the market trying to make sense of the various investment options available.
The authors make a good case for Stocks as a better investment option far from what most people believe to be. Most investors, mainly in India where most of the study was done, would rather go for real estate or commodities such as gold.
Once you are sold to the idea of Stocks, the big question is; For how long should you hold on to the stock? This question is tackled when the authors outline the seven basic mistakes individuals commit at the start of their investments journey.
Downside: Since the book is basically written for the Indian market, one might be confused with terms such as lakh, crore e.t.c This is the Indian numbering system used instead of thousand, hundred thousand, or millions.
The authors assume the reader is well versed with basic economics terms such as B2B, B2C, ROCE, P/E ratio.
Coffee Can Investing is available on Amazon and Audible at https://amzn.to/3083mKk