investonline

In this Interview with Business Decoction, Abhinav Angirish, founder of Investonline ( https://www.investonline.in ) talks about his entrepreneurial journey spanning one and half-decade. https://www.youtube.com/user/abhinava... Abhinav left the banking sector and a promising job in April 2004 to create Abchlor Investment Advisors P. Ltd., a Wealth Management firm. In 2005, he was honored for securing the industry's largest single deal, including 120 crores in individual money, in a single day. This fabled entrepreneur who can make your hard-earned money work for you has certainly had his ups and downs. Subscribe to our youtube channel - https://www.youtube.com/user/abhinava... You can find us on Instagram - https://www.instagram.com/investonlin... Twitter - https://twitter.com/investonline_in Linkedin - https://www.linkedin.com/company/inve... Facebook - https://www.facebook.com/investonline... Check us out at https://www.investonline.in/

In India, only 3.7% of people invest in the stock market and about 3.5 crore people invest in mutual funds, out of the population of about 140 crore people. Although this number is growing, people still do not understand the need to invest, this may be due to assumptions about equities or schemes, incorrect knowledge, low risk-taking ability, etc. There are two very simple things that investing does. Firstly, it helps you fight against inflation. If you invest in different assets, the value of these assets will grow with the cost of your living. For example, if you have Rs.100 today, the value of this money may be Rs.80 after 10 years due to inflation. But on the other hand, if you invest this money and over 10 years it may increase up to Rs.120, this will help you face inflation and afford a higher cost of living. When you do not invest, you struggle in the long term as you have no passive income coming in, and this can be scary. The second thing that investing does is, creates wealth...