Mutual Funds can be classified on the basis of the flexibility of making transaction, portfolio rebalancing done by fund manager, investor goal, and asset class of portfolio. Types of Mutual Funds based on Flexibility in Buying and Selling On one hand, there are Open Ended Mutual Funds which you can purchase any time and sell […]
Everyone is howling “Mutual Fund Sahi Hai” so.. What is a Mutual Fund and How does it work? The following article gives an insight into Mutual Fund in simple and easy terms. What is a Mutual Fund? Just like any other Financial Instruments like Cash, Coins, Debit Cards, Credit Cards, Bonds, and Stocks, Mutual Fund […]
Is No Cost EMI really a free lunch? The short answer is No. No Cost EMIs are just a marketing gimmick to attract the financially under-educated masses. No Cost EMIs are designed in such a way that there wouldn’t be any benefit for the consumer at the end of the deal. Take an example of […]
I don’t know if it’s because of the confinement which came out of COVID or the ongoing Work from Home culture, people’s, especially the IT individual’s perspective towards outgoing has changed. As the saying goes, the depths of oppression creates the heights of character. Similarly, the longstanding captivity has arisen the liberty among free souls. […]
Simply put, a Stock Market Correction is when the price beats downs or pumps up itself to reach towards the true value of the Stock. The reason for this is Markets (investors) behaviour in reaction to positive or negative news and the too much greed or fear which is prevalent in markets. We can call […]
Do you own a credit card? If not, it’s time to hold one. The are umpteen direct and indirect benefits of transacting with Credit Cards in India. Since, I was a kid I was always taught Credit borrowing is bad while Credit lending as good, since it generates money. But there is another face to […]
The very idea of Gold brings me the thought of Indian Jewellery. Gold is an excellent asset class when it comes to storing the value of money and hence popularly used as a hedge to inflation and rapidly changing foreign exchange rates. I have one problem with Indians mindset, they want everything in physical form. […]
The best way to invest in Mutual Funds is through Discount Brokers like Zerodha, Upstox or Groww, which charge no commission for investing in Direct Mutual Funds. I invest through Coin by Zerodha which I find completely hassle free. Alternatively, you can Invest through the corresponding Mutual Fund House Website or Visiting the office of Mutual […]
The right time to buy a Mutual Fund is when the Market is down and the right mutual fund to buy is the one which has AUM less than 10,000 CR, allowing the fund manager to choose from wide variety of stocks in making a diversified portfolio. Back in college days, I used to think […]
Let’s say the cost of a cup of Tea (in Hyderabad) or say a cigarette, is 10. And assume, you are consuming once per day. The cost adds up to Rs. 300 per month and Rs. 3,650 per year. If you compound it for next 35 years (assuming your age is 25 and you retire […]
Well, I’ve not been hit by the recession. I’m glad that I’m in India. Given the low Debt to GDP ratio of India, I’m reasonably confident that I would be in the same shape even after the dust settles. But at this point of time, all I see are the mass layoffs in Tech Industry. […]
Picking Stocks for long term is no brainer if you’re a provided with a Blueprint. Complex people make investing sound so complicated. But obtaining gains from Investing in Stocks is easy-peasy I’d say. Picking an Industry You just need to pick a sector which you can understand better. There after learn about industries and sub-industries […]
Looking for a Beginner level guide for Stock Market? You have come to the right place. As a beginner you might have many misconceptions related to Stock Market, let me clarify all of those so that you can start your journey towards successful Investing. Misconception 1: Stock Market is so Risky. Is it? Everyone says […]
Are you the person who hates fluctuations and loves stable income. Then Yes, Investing in Bonds is great idea, given you have the Low Risk Appetite too. You can check you risk appetite with this ET Money Tool. You will get your results as shown in this Image. On a side note, ET Genius uses […]
Yes, Investing in stocks is a great idea given you know what you have to know. The top ten reasons to invest in stocks as opposed to any other investment are as below. Great Potential for Long Term Returns Although many people throw the stats of the long term returns of Indices like Nifty or […]
Apart from the most common ones like Life Insurance, Health Insurance, Travel Insurance, Motor Vehicle Insurance, House Insurance, there are multiple other things you can Insure if you’re afraid losing. Some of the lesser known facts about the Insurance Industry is they allow you to insure multitude other things like Your iPhone, Your Laptop, Your […]
“how to save income tax?” has been an eternal question for me. With changing internal factors (our income) and external factors (income tax slabs) it’s imperative that we keep updated ourselves with latest tax saving strategies to reap maximum benefit. Also, I don’t know what’s with me, I always strive for a zero net tax. […]
See stock market as a money making business. So before entering into business what does any decent Business Man do? Learn about the pitfalls of the road ahead. People lose money in Stock Market in many ways, some unknowingly and some knowingly. Investing in Penny Stocks Most of the Penny Stocks are Pump and Dump […]
I Know that I’m an Amateur and you won’t take my advice on this particular topic of Financial Planning. Hence it’s better to go with experts opinion than mine. Following is the Financial Planning Advice based on an interview with Neil Borota by Groww. Individual Persona: Engineer, 26 Years, Salary (70k – 80k INR), Stays […]
Freelancing has become the new fad in India, especially since COVID. Some people got so addicted to freelancing that they are moonlighting. If you’re a life long learner or a sole breadwinner, freelancing can take your career to a whole new level. Since most of the clients are from the West, your income will definitely […]