We bring the best kept secrets till today. Successful personalities from all walks of life share words of wisdom that most influenced their financial lives.Slide-show: What SRK, Karan & Dravid have to say
Intelligent investing can make all the difference. And if you want proof, don’t look beyond Priya Shukla’s portfolio. We’ve analysed finances of people who earn much more than her but still find it extremely difficult to meet their long-term goals like retirement corpus. Read on:
By allowing me the thrill of leveraging my investment, the markets and regulators are amplifying risks and rewards, triggering potentially irresponsible behaviour and, in fact, are lending grenades to a monkey!
Equity-oriented balanced funds have naturally fared well in a year when equities have boomed. some debt heavy balanced funds have also fared well in the past one year, with LICMF Children’s Fund earning higher than many equity oriented funds in the past one year.
Price is not the same as value. The most expensive product isn’t always the best value for your money. This section highlights the least expensive model in a product category. If price is of no consequence, check out the most expensive model.
Ask yourself why you really want to buy an LCD. If it’s for sheer snob value, there’s little anyone can say that will make you change your mind. If, however, you think you’re getting value for money, read on.
A derivative is a security that has no independent value; its value is entirely derived from the value of one or more underlying asset—generally stocks, bonds, commodities, currencies and market indices.
Jordan E Goodman’s unique insight to investor psychology and its impact on financial decisions is a very interesting read. A good dose of financial planning advice ensures that his book has practical utility.