Saving and investment options in current scenario
Do you wonder where to save and invest when the interest rates are still rising? In this post, I list some of the options I… Read More »Saving and investment options in current scenario
Do you wonder where to save and invest when the interest rates are still rising? In this post, I list some of the options I… Read More »Saving and investment options in current scenario
The answer to this question is not very easy. I think it depends on a person’s income or wealth level and state of their mind.… Read More »Does more money make people happier?
When the price of something falls people usually demand more of it. This happens because you can now afford to buy more of it and also more people can afford it now. This is called the law of demand. We will also learn the concept of elasticity of demand.
Many factors can influence the currency’s demand and the exchange rate.
There are mainly four main types of funds. These are mutual funds, exchange-traded funds or ETFs, index funds, and hedge funds. We will learn how these three funds are similar and how they differ from each other. I think it is good to know their characteristics because often people don’t know the distinction and use them interchangeably.
A fund is a collection of money from many investors. This pool of money can be invested in stocks, bonds, in a specific sector, or a combination of them. The main advantage of investing in a fund is the diversification it provides to us by spreading our risk.
In my previous post, I wrote about the various types of assets you can use for investment. To have a diversified portfolio, you should invest in a variety of assets.
Diversification can mean two things -The first is diversifying within the same asset class. The second is having different asset classes in your investment portfolio.
After we have established 6 months’ worth of saving in a bank for our emergency fund, what do we do with our remaining savings? Finance… Read More »Investment basics, you should know: part 1
What people like you and me think about inflation directly impacts the actual inflation rate. So, if we think inflation will be high in the… Read More »How does people’s expectation about inflation affect the actual inflation?
In my earlier post, I wrote about ways to fund your child’s college education. One of them was opening a 529 account. In this post,… Read More »What is a 529 plan in the U.S.?