Successful stock trading requires understanding trader’s psychology apart from knowledge and skill.
Despite growing awareness for financial independence among women only 1 in 3 women take their own financial decisions as compared to 2 out of 3 men, even though top goals of men and women are similar. “ignorance is certainly not bliss”
Term Insurance Plans are cheapest pure insurance plan for income protection. However, there are many variants of Term insurance plan to suit the need of different individuals.
The needs of different individuals are different. Each and every individual has various and different financial needs. Mutual funds offer solution to all the needs of any individuals.
In financial planning there are several thumb rules that serves as broad guidelines for formulating strategies. Even though these canons of financial planning are useful, they need to be updated and aligned with the changing financial landscapes.
For many people talking about money is a taboo. The basic reason for the same is ignorance about money management. Most have negative connotation about money. Hence more often we hear conversations such as “rich is evil ” .
Here are characteristics of our mind that will push us into making inappropriate decisions about our own finances. How to overcome such circumstances?
Return and safety are two important parameter of investment choice. When it comes to investing in debt instruments, they are believed to be safe investment vehicles as compared to equity investment. Now, the question is whether the debt instruments may be considered as safe investments?
Professional Financial planning requires customised action plans based on assessment of financial status, risk profile, goals and periodic evaluation of plans. However, if you want Do It Yourself (DIY), you may adopt following 12 thumb rules to simplify the financial plans. But remember, thumb rules only provide a general direction and may not necessarily provide you the exact solution.
Employed and self-employed/freelancers both comes in the left side of cash flow quadrant as per Robert Kiyosaki. Both earn active … More