Stocks are not always the best option

Software engineering is a very focused and disciplined field, much like investments. In software, one needs to be analytical and make informed and logical decision to reach one's goal, says Value Research reader Aritra Ghosh. The 35-year-old is a software engineer and works for a well-known technology company in Hyderabad, learned the ropes of investing from his mother. Over the years, the computer science expert discovered mutual funds as his perfect investment partner. He has learned that investing through mutual funds is much better than relying on poor quality advice from colleagues or some broker. Let us have a look at Aritra's evolution as an investor. Start of the investment journey A bibliophile to the core, Aritra likes to read anything that is interesting. When he is not reading or working, the doting father loves to take up part time fun projects with his son. Work has taken him to different places, but frequent travelling for leisure every now and then with his wife and son takes the edge off the fast life that he leads. Aritra grew up in a big family with grandparents, uncles, aunts and lots of cousins. His father is a lawyer, but it is his mother, a housewife, who served as an investment inspiration. "I did not have much exposure to investment psyche or strategies from childhood. I learned about the importance of saving from my mother. She used to save a little regularly - via fixed deposits, Kisan Vikas Patra bonds or gold ornaments," says Aritra, who hails from Kolkata. His first investment was in the PPF. His mother advised him to invest in it right after he had landed a job. He also got advice from his colleagues and broker to buy stocks of certain companies and ULIPs/

This article was originally published on December 06, 2021.