Modules
16 modules · 69 chapters
- 14 chapters
Getting started in the stock market
A stock market exists so companies can raise money and so people can later buy and sell a claim on those companies. This chapter explains that job, why idle cash loses purchasing power, and what a market still cannot promise.
View module - 24 chapters
Reading price and volume
A price chart is a history of trades, arranged in time. It is not a photograph of value and not a set of instructions. This chapter explains what each mark on the chart actually recorded, and what people add on top that the market never said.
View module - 34 chapters
Reading a company's numbers
Every annual report answers three questions with three statements. What did the business earn? What does it own and owe? Where did the cash actually go? This chapter ties the three together so a single flattering number cannot stand in for the set.
View module - 44 chapters
Futures contracts
A futures contract is a standardised promise to buy or sell something on a later date, at a price agreed today. You usually close the promise before that date. This chapter explains what is standardised, why the contract exists, and how it differs from simply owning the shares.
View module - 59 chapters
Options fundamentals
This module is a map of the later chapters, not a replacement for them. Read it once so the jargon, the payoffs, and the chain sit in an order, then come back when a later chapter uses a word you only half remember.
View module - 64 chapters
Combining option positions
A single option takes one view and leaves every other risk open. A combination is two or more contracts used so that one risk is reduced and another is accepted on purpose. This chapter is about that trade-off, before any named strategy.
View module - 74 chapters
Tax on trades and investments
Two trades with the same rupee profit can fall under different tax labels, and the label changes the rate, the forms, and whether losses can be set off. This chapter sorts the labels a retail reader in India actually meets. It does not compute your tax. Rates, surcharge, and the Finance Act change; a chartered…
View module - 84 chapters
Currencies, commodities, and government bonds
A currency pair is the price of one money in terms of another. This chapter reads that price without turning it into a personality contest between two countries, and it explains why an Indian trader meets the dollar more often than the textbook suggests.
View module - 94 chapters
Risk and the decision to stay
Risk, for a person with a finite surplus, is the loss that changes what you do next. A percentage on a chart is not that loss until you multiply it by the money you put in the path. This chapter turns a familiar market drop into a household number.
View module - 104 chapters
Designing a trading method
A method is a written set of rules that decides what you may buy, how much, when you are wrong, and when you are not allowed to decide at all. This chapter is about the document, not about a favourite indicator.
View module - 114 chapters
Mutual funds and a personal plan
A mutual fund is a portfolio owned by many people, run under a stated mandate, with a daily price equal to the value of the holdings divided by the number of units. This chapter explains the plumbing so the return you see is the return you actually get.
View module - 124 chapters
Insurance in a financial plan
Insurance is a way to move a loss you cannot pay for onto a balance sheet that can. It is a poor way to save, and a poor way to invest. This chapter draws that line before any product is named.
View module - 134 chapters
How sectors differ
A sector is a group of companies that sell into the same kind of demand and often share the same costs. The label is a research aid. It is not a single share you can buy, and it is not a reason to own five companies that will all hurt for the same reason.
View module - 144 chapters
The social stock exchange
A social stock exchange is a segment where organisations that exist for a social purpose can raise money under a disclosure regime, and where donors and investors can find them. It is not a second equity market with a kinder adjective. This chapter explains the job the segment is trying to do.
View module - 154 chapters
The national pension system
The National Pension System is a voluntary, defined-contribution retirement account. You put money in, you choose how it is invested within the rules, and the balance you eventually have is whatever the contributions and the market did, minus costs. This chapter explains that bargain and the people who hold the…
View module - 164 chapters
Building a simple financial model
A financial model is a set of assumptions that are linked so a change in one of them changes the statements all the way through. It is not a prediction, and it is not a value. This chapter builds the skeleton you can put on one page before you open a spreadsheet.
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