Light Up Your Life: Discover 'The Happy Candles Way' by Vishal Baliya!

1. Could you provide a quick overview of your research and how it addresses the most significant problems that the contemporary world faces?

Ans: The data from SEBI suggest that lot of people have understood the importance of making your money work. Specially Post COVID there is a manifold increase in the opening of Demat accounts. There is intrinsic interest in the securities market which was once seen as a taboo by many. Indians used the conventional methods of investment such FDs, NPS, PPF, Post office bonds which still serve the purpose but the gain from these methods are hardly or can hardly beat inflation. Your money is working hard and is not clumsy only if is able to beat inflation hands down. Investment in the Securities market through Mutual Funds, purchase and sale of share, Derivatives is one of best way to beat inflation. This is understood by everyone including seasoned investors, Millennials and even the Gen Zs. There are hardly any comprehensive books available in the market that cover techno-funda investing. People have to rely on ‘tips’ from experts for investing their money. Unlike in the Western world securities market investment is not part of the curriculum or extensive part of curriculum. Hence a lot of people fall for Social media influencers or influencers for guidance. While some influencers give good advice, many of them are not reliable. This book The Happy Candles way aims to make the reader aware will go a long way in making readers aware and become self-reliant as well as an independent investor. It comprehensively covers a lot of topics related to investment in stocks. The book emphasis on selecting the right stocks of companies that are fundamentally strong and guides the reader to enter and exit them at opportune times. 

2) What specifically knowledgeable or experienced background do you offer to the topic area, and what motivated you to write this book?

Ans: About 3 decades ago when I started my investment journey. I personally faced a lot of trouble and turbulence as there were very less books available on the subject. When I would buy a stock the price would come down. The price would shoot upwards after I sold it. Thus I tried to study and learn and am still learning the wisdom of investment. The knowledge that I gained during this ongoing journey is something which I wanted to encapsulate. I felt that it can be helpful to many that was the main purpose and drive behind writing the book. The other reason was there are very few still on date that cover the subject comprehensively. The trouble that I faced was that the available books use a lot of investment jargons and the language used by the authors is such that an economist or even a person who has studied finance would struggle to understand the real essence. What I have tried in the book Happy Candles way is to simply the process by using day to day examples. The use of language is also such that even a beginner or an intermediate guy or a high school student will understand the concept. An expert can even reach the depth of the trench to pluck pearls of wisdom inculcated in the book.

3) Could you list a few of the most important lessons or revelations that readers should anticipate from your book?

Ans: There is day to day examples like the one of a young family of a 3-year-old child going to play in a garden along with his or her parents and the behavior of the child is concocted with behavior of stocks. There are a lot of analogies drawn from the game of cricket in the book and behavior of stocks. In addition to this there are many examples from day to day life which draw parallel to the investment journey of a person in the stock market. I have made a conscious effort to keep it simple for the reader to understand the investment process. The reader will definitely understand the process of investment and he will take meaningful steps in becoming Atmanirbhar/ self-reliant while investing. He/She after reading the book and following the principles and processes will be able to distinguish between good advice, sound advice and misinformation widely available in the print and social media after having read this book. A reader will be able to draw conclusions about the right time to invest in a company. He will be able to find out if the company is investible or not.

4) Could you provide any case studies or actual situations from your book that serve as illustrations of the concepts you cover?

Ans: There are a lot of case studies / examples from the real world as mentioned previously like the Mother, Father and the small child story. There are many practical examples from charts of the various companies and how they move when there is a particular trigger point in either direction. All this is explained in a very simple language.

5) What specific difficulties or roadblocks did you face when penning this book, and how did you get beyond them?

Ans: There were a lot of challenges for drawing parallels from day to day life simplifying the mystified and often mysterious process of investing which is often thought as very difficult to understand. As you read the book you will be able to understand how to make your money work harder. 

6) How do you think your book will improve readers' lives and what do you hope they will learn from reading it?

Ans: Financial freedom, Wealth creation, Generational wealth creations are some of the points which I can think of right away when I think about the impact the book will have on the reader. The minimum the reader will take the right steps in the direction of wealth creation is the bare minimum.

7) In a world that is changing quickly, how does your book continue to be relevant and flexible for readers throughout time?

Ans: This book helps in making the reader self-reliant. It helps a reader how to compare companies / stocks / their movement in either direction and judge for himself or herself or themselves the action that they need to take. It will help an individual formulate a practical process which they can apply in selection of stocks in their portfolio. It will help them hold the right stock and let go of the ones which are no longer going to create wealth. It gives you the wisdom to design your own process which is why the book will remain timeless. Even after a decade or a century the same principles will guide and keep guiding the readers in the process of wealth creation.

Grab your copy today and brighten your journey!