My mind races back to early school days when I was introduced to the concepts of Simple Interest and Compound Interest, and I wish the true message behind compounding had been laid out more clearly then. Little did I know then that this concept would be one of the most critical factors in amassing greater [...]
[Read full post...]In a previous article of mine, “Investing - To risk or not to risk, is not an option!”, I mentioned that even bank accounts are not a safe place to keep all your money and that the key is to diversify your investments. In today’s world, we have a whole lot of investment mechanisms available [...]
[Read full post...]Are you wondering whether to actually take the risk of investing? Do you think your wealth is at zero risk as long as it is in your savings bank account? Think again.
First of all, if all your wealth is in your savings account or fixed deposits with one bank, you are keeping all your eggs [...]
The Indian stock market dropped steep the week before last after the finance minister, Pranab Mukherjee, presented the budged for 2009-10. My common sense did tell me that it was the right time to invest in bulk, as most of the speculations indicated that the investors were disappointed not specifically because the budget was dissatisfactory, [...]
[Read full post...]The market opened firm on Monday, and amidst high epectations, the union budget 2009-10 was presented by Finance Minister Pranab Mukherjee in the parliament. Fears of a short fall of expectations did turned out to be true, and the market slipped in red following the unveiling of the union budget 2009-10.
Here are the key features [...]
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