May 13th, 2008
There are 2 ways you can invest in equities
1. Directly buy and sell shares of a company and book profits (or losses). With many online trading platforms available, this has become common. While many investors make a lot of money in a bull market, they also have to spend time researching the companies, buying and selling the shares.
2. through Mutual Funds - the Mutual fund managers buy and sell shares on behalf of the unit holders of the mutual fund . The Net Asset Value is an indication of the value of an investment in the mutual fund. The investor may receive a dividend depending on the performance of the fund and can withdraw the amount invested if required
3. Risk management and insurance planning
4. Estate planning - planning for the creation, accumulation and distribution of assets, including preparation of a will.
Posted in equities, financial planning, investment | No Comments »
May 12th, 2008
Financial planning is the management of finances so that all major current and future financial requirements are taken care of . If you have the time and inclination to spend a little time reading, it is always better to plan and manage your finances yourself. Your financial information remains confidential, you do not have to pay additional fees and there is only person in the world who will always be concerned about your welfare - yourself.
If you do not have the time to manage your finances, you can use the services of a financial planner who will cover the major areas for financial planning
1. Tax planning - managing your finances to minimize taxes
2. Retirement planning - managing investments and savings , so that sufficient funds are available to cover daily expenses during retirement as well as unexpected medical emergencies
Investment decisions depend to a large extent on the age of the investor and the amount of risk he or she can take. Equities can offer high returns but are also potentially risky, so investing a major portion of your disposable income in equities is advisable only if you are young, have no major liabilities and the losses will not affect you financially.
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May 3rd, 2008
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
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