Wealth Creation Is An Outcome Of Staying Invested With Patience

Arnab Chakraborty, 42, is the co-founder of a tech startup that he started with his technocrat wife. The couple has a 10-year-old child. When Arnab was 20 years old, his father invested in a technology fund that saw a 30 per cent drop in its principal value during the 2000 dotcom bust. That left a poor first impression on Arnab about investments in mutual funds. That finally changed when he met Sajal Roy, a Kolkata-based mutual fund distributor and founder of Anjali Investments. Roy explained many concepts about equity investments and mutual funds to Arnab. He also talked about the importance of investing in inflation-beating instruments from an early age and how mutual funds tend to offer risk-adjusted returns while helping in creating long-term wealth. Given the unpleasant experience that Arnab had with his father’s investment in a technology fund, Roy educated Arnab about...