Types of Mutual Funds

In my last post, I discussed the basics of Mutual funds and told that I’ll be describing the different kinds of Mutual Funds. Thus, here it is: Mutual Funds are fundamentally classified into three types, according asset class they invest in. The three kinds are: Money-Market Funds: The money-market funds consist of short-term debt instruments…

Mutual Funds 101

“Mutual Fund investments are subject to market risks, read the offer document carefully before investing”. How often have we heard this? Many times. On TV and on radio, this statement comes right after we have been encouraged by the commercial to invest in a mutual fund. We find mutual fund ads on the print media…

The Power of Compounding

No knowledge of finance is complete without knowing the power of compounding. It is one of the biggest financial advantages existing and is incredibly powerful. Its contribution towards achieving one’s financial goals, simply cannot be overlooked. It lays down the foundation of Time Value of Money and is an investor’s best friend. It’s so powerful…

Time Value of Money

All of us want to live a good life and we often wish we had more wealth. We save money thinking that in future we’ll be able to live comfortably. Little do we pay heed to the importance of financial knowledge. As a consequence, we don’t take proper financial decisions and our dreams remain unfulfilled. One…

Do you know the different types of Interest Rate?

In our search for a safe haven to park our money, we are often lured by the banks offering high interest rates on our savings. We understand little about the actual interest rate that is being offered. Yes, you read it right. The interest rates that are advertised with such pomp are not the interest rates…