There are many life skills that are important and one that is normally not on the top of mind is personal finance. It is sometimes considered “cool” if you are not very sure about your personal finance and one saves on very last day of investment deadline. This post is reflection of what I feel is right way getting started with managing your personal finance. There are lot of young folks who start making money through their salaries and are…
Disclaimer I don’t proclaim to be a investment guru and this write-up is based on my little knowledge that I have garnered based on my experience and readings. So errors and ommisions are expected. American index fund market is more matured and Vanguard was pioneer to start the concept. The basic idea is to replicate the underlying index blindly without any human intervention. Hence companies that offer such services don’t have to pay finance wizards a huge sum of money…
The general theory of investing is quite simple and exhibited by people in everything. We generally want to buy good things at good prices and sell things at a profit which means making it for less and selling it for more. This is true unless you are someone who wants to have snob value attached to things like some of the super rich people who are probably less than 1% of the world wide population. The central idea to investing is…