Make Your Money Work For You
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At a time when asset classes like equities and gold have generated impressive returns and are trading at near-peak levels, investors are struggling to choose the right investments. Fund of Funds (FoFs) may be a beneficial instrument for portfolio allocation in certain situations. FoFs are those investment instruments, that make investments in other mutual fund units. …
Money habits are practices that support effective money management. The difference between financial success and failure can be determined by developing sound financial habits. You may increase your chances of becoming wealthy by adopting these five money habits. 1. Ownership of a Business: Salaried employees are rarely found in Forbes’ annual list of the world’s …
Many potential investors are disappointed if a company’s IPO is a success. It may cause a wave of FOMO (fear of missing out) among people who were unable to get allotments in the IPO. But ‘Missing out’ and taking a ‘wait and see’ approach may not necessarily be detrimental. According to stock market professionals, investing …
Investing through a multi-asset strategy offers benefits like diversification, but it also brings psychological drawbacks that can affect decision-making. Recognizing and addressing these psychological drawbacks is key to making informed and effective investment decisions. In this blogpost, we’ll explore how these biases impact multi-asset investing and provide strategies to overcome them for better portfolio management. …
High returns and fast profits from cryptocurrency, equities F&O, and equity trading advice might be alluring. However, keep in mind that return of capital is significantly more important than return on capital. Investing is the process of setting aside money from your income to invest in a form of asset that will increase in value …
One of the greatest investors of all time, Warren Buffett, is renowned for sharing his financial knowledge with shareholders through his annual letters of Berkshire Hathaway. Despite decades of market variations, these observations have been true. Buffett explains which companies he prefers and which he avoids in one of his annual letters. Buffett starts by describing the standards …
The book “7 Secrets to Investing Like Warren Buffett”, was written by Mary Buffett and Sean Seah, and was published in 2019. This book provides a helpful summary of the most basic guidelines for investing like an expert. A lot of the advice it offers goes into the fundamentals of value investing. This has long …
The word “personal finance” involves investing, saving, and money management. None of our schools provide classes on money management; therefore it’s crucial to learn how to handle your finances on your own by reading competent books, articles, and listening to podcasts from some renowned experts in the subject. The fundamentals of personal money management include budgeting, emergency …
Although things rarely happen as planned in life, it is never a good idea to go on without knowing where you want to end up. According to a quote from Benjamin Franklin, “If you fail to plan, you’re planning to fail.” This is particularly valid when it comes to investing and saving. Usually, wealth isn’t …
Before starting this blog, I would like to give a disclaimer that I am not a proponent of credit cards, and hence I do not recommend to buy a credit card. The purpose of this blog is to make readers aware how you can choose credit cards, if at all you need to buy one. …