New guide book on investing

by Lalin FERNANDOPULLE

At a time the safety of investments is a primary concern literature on how to invest, where to invest, its benefits and risks will steer investors on the right path.‘Benefits and Risks of Investments’ A contemporary economic review by journalist Sham Nuwan Ganewatte provides an insight into the returns and risks in investing in the capital market. The book was launched at the National Library and Archives on Thursday in the presence of economic think tanks and eminent personalities in the business circle.The central theme of the book is that investors should not only focus on returns but also on risk factors. Investor should not be swayed by fancy returns promised by financial institutions but need to take into account authenticity and stability of the institution.

The keynote address by the Deputy Governor, Central Bank, Dr. Uthum Herath emphasised the need for investors to focus on the risks and not merely the benefits of the investment. “People lost their hard earned money because they ignored the risks of the investment”, he said.“The registration of a financial institution should not be the only criteria in making an investment. The sustainability and stability of the organisation are vital factors”, he said. The writer elaborates on the adverse repercussions in investing in pyramid schemes personifies as a devil eager to devour investors.

The effort of Ganewatte to help investors to make an informed decision will have long term benefits to the development of the capital market in the country. Sham Nuwan Ganewatte a journalist of the Sunday Divaina has helped enhancing investor knowledge through his writings and the latest work is a result of extensive study done on the structure of the capital market