Stock Market Course in Kochi

Money you did not earn, for somebody who is not here

Managing your own money, a loss is a lesson. Managing money somebody else sweated for in another country, a loss is something you have to explain on a phone call to a person who cannot see what happened and was not consulted.

That produces the first and most common trap: nothing is ever put at risk. The remittance goes into deposits, into gold, into a plot, and stays there for ten years — not because anybody decided those were the right homes for it, but because they were the homes nobody would ever have to justify.

The cost of that is real and it is invisible. Money kept entirely in fixed deposits for a decade has, in many periods, barely kept ahead of inflation after tax. The balance grows every year, the statement looks reassuring, and what it can actually buy has hardly moved. Nobody has to explain a loss, because the loss never appears on a statement. It simply accumulates as years of foregone growth that the earner, working abroad precisely to build something, would not have chosen if asked.

The second trap is the opposite, and it arrives through people rather than markets. A household known to receive regular remittances attracts agents, relatives and acquaintances with a product to sell — usually one described as safe, with a monthly return. The person managing the money is the target because they are careful, trusting, and reluctant to say no to somebody known to the family.

Both traps have the same remedy, and it is not bravery. It is understanding enough to explain a decision in advance — to the person abroad and to anybody at the door.

Whose name, whose decision, and whose tax

Three practical questions that are worth settling before any money is invested, because each has consequences that are hard to undo later.

Whose name should the investment be in? An investment belongs to the person in whose name it is held. If the money belongs to the family member abroad, investing it in the resident manager's own name is not a neutral convenience — it changes legal ownership. Non-residents have their own account types and rules for investing in India, and those matter if the investment is theirs.

Who makes the decision, and how is it recorded? The simplest safeguard in a long-distance arrangement is a short written note, agreed by both people, of what the money is for, how much can be put at risk, and what will be done if it falls. It sounds formal for a family. It prevents the phone call where one person says they never agreed to this.

Whose income is it for tax? When money is gifted between spouses and then invested, Indian tax rules can treat the income it earns as the income of the person who gave it, not the person holding it. This is called clubbing, and it catches families who assumed that moving money into a resident spouse's name moved the tax as well. It is worth understanding before, rather than after, the first year's return is filed.

None of these need a professional to understand. Some of them may need a professional to apply correctly to a particular family, and that is money well spent.

The eight modules, and the part to read twice

Stock Market for Beginners begins from nothing and builds in order, with no coding and no assumed background.

Ownership comes first: what a share is a claim on, how a business earns, and how those earnings connect to a price. Then the machinery: exchanges, brokers, the demat account and where holdings actually sit, which matters when the owner is abroad and the statements come to you. Then order types, in detail, because early mistakes are mechanical.

Then forming a view, two ways: price charts and the common indicators, taught as a record of what has happened; and fundamentals — sales, margins, borrowings, cash generation and the items in an Indian company's filings worth checking every time.

Then risk and position sizing — the module to read twice if you manage money for somebody else, because it is where “how much can we afford to lose” becomes a number both of you can agree on. Then taxation for an individual. Then a routine that fits around a household.

All recorded, WhatsApp support, Hindi-English mix. There is no fixed schedule, which suits a household working across two time zones.

Fees, format, and who should look elsewhere

Rs 2,500 against an MRP of Rs 5,500. One payment, access that does not lapse, all later updates included, enrolment at study.thefinbaba.com. The course is fully online — there is no centre on MG Road or anywhere else in the city.

If the money is the non-resident's and they intend to manage it themselves, the page written for NRI investors is the better starting point, because the account rules differ. If you already read company accounts comfortably, the derivatives or Python programmes will serve you better than this.

And if what you want is somebody to tell you what to buy, this is the wrong place: there is no tips group, no signal service and no daily message on this site, and we manage nobody's money.

No assured or guaranteed return is offered by this course or any other here. That sentence is worth remembering the next time somebody offers the family one.

The WhatsApp demo is free and comes before any payment. The instructor is Atul Shrivastava — 16+ years trading, 8+ years mentoring, and a registered Zerodha Authorised Person (AP2516003481).

Disclosure: the account-opening link on this page is under Atul Shrivastava's Zerodha Authorised Person registration (NSE AP Reg: AP2516003481; Zerodha Broking Ltd. SEBI Reg: INZ000031633) and earns a revenue share. TheFinBaba is not a SEBI-registered Investment Adviser — this content is educational, not investment advice.