This is a guest post by Aditya Veera. Aditya has studied and worked in finance, but this is the first article on investment he has written. Hopefully it is not the last. He holds an MSc from the London School of Economics and has an evangelical fervour for low-fee, passive investments! You can find his other posts at adityaveera.wordpress.com
Dear readers, when Mr. Pattu asked me to write a guest post, I puzzled over the topic. I wanted it to be something that summarized a good investment strategy without boring readers who dislike technical discussions. While money management is a universal need, the subject itself is not universally appealing. Happily, that is not an impediment to successful investing. The steps involved in good investing are simple, even if we can endlessly debate why they work and whether they will continue to work. I will discuss fixed income and break down its use to simple steps and objectives. For those who like reading just the key points, I have inserted cues in bold to highlight their importance.