What is investment.

Why to Invest.
Where to invest.
Real Assets
Financial Assets
Marketable and Non-marketable financial
assets
Direct and indirect investing financial assets

Security Analysis
Risk & Return Trade off
Fundamental Analysis
Economic Analysis
Industry Analysis
Company Analysis
Technical Analysis
Portfolio Management
Active investment strategy
Passive investment strategy
Efficient Market Hypothesis-EMH
Investment is commitment of funds to
one or more assets to earn income now
and in future.
Commitment of funds
To one or more assets
To earn income
Now and in future
1. To save the wealth from deterioration in
value
2. To earn real return on investment



Financial Assets are paper assets
containing the claims
on the issuers.


Non-Marketable Financial Assets
Bank Accounts
Saving Deposit Receipts
Marketable Financial Assets
Direct Investing Assets
Money Market Assets
Commercial Papers
Treasury Bills
Bankers Acceptances
Repurchase Agreements
Capital Market Assets
Shares
Bonds/Tfcs
Derivatives
Futures
Options
Short Term investments
Return is less
Risk is low
Denomination is large
Dominated by Institutional Investors..
Long Term Investments
Risk is High
Return is also High
Denomination is small
Institutional and Individual Investments
Stock Exchange is a capital maket

Marketable Financial Assets
Indirect Investing Financial Assets

Investment Companies Mutual Funds
Open End
Closed End

The greater unknown
Institutional investors
Global Investment Arena
Rise of Internet
Old economy stocks vs. new economy
stocks