Mutual Funds

Emergency fund as the name suggests is the money that you would touch when you have an emergency. Emergencies could be :

As you are aware, since last month, I compile a list of funds and sectors which have done well. Banks have been on the losing streak for a long time and there has been some respite last month, but not enough.

November 2002 - I boarded the train from Mumbai to Pune to take up my first job. Net income was Rs 15,000/- We were working in one of the top IT service companies and quite excited.

One of the risks that recently have been talk of the town are geographical risks . Despite the world which is so interconnected now and any event has repercussions across the world, there are still inherent geographical risks which are local .

Mutual funds can be categorized into two types of funds : Active Funds In active funds , we have an experienced fund manager and a management team to make decisions on the amount collected from investors.

When we buy a house loan from bank, Bank provides us money We need to return the money after fixed number of years Bank charges a fixed interest rate for the money that it has lent However, we also lend money to banks.

Every month I plan to do a roundup of funds which did well and things which didn’t well which gives a fair idea what kind of stocks are moving.

I was living in a rented house since 2005 when I moved from my parent’s house. Buying a house was quite expensive and I was unsure that I would work so long.

I was so excited! My first job. This actually would mean independence. This would also mean that I would have a bank account and there would be a number bigger than 0 in my account.

From childhood, we have been raised in a certain way, which shapes our opinion and attitude towards money. Some are conservative with money , some are willing to take risks .