Chaos Calm or Cheer

The Automatic Millionaire – Book Review

We should learn to budget. In the budget, we should first allocate a sum to ourselves and invest this amount. It need not be a big sum. He says “The first hour of every day that you work should be going to you.” Calculate your pay for one hour per day and keep that money aside for yourself to invest. This way, you do not require a huge amount of money. Additionally, as your income grows, you will pay yourself more which means you will invest more.

Artificial Intelligence in Investing

For investors
Risk Mitigation: With the AI enabled services, the investors will be able to visualise and control real-time, the active risks embedded in a portfolio, as well as access suggestions to mitigate unwanted exposures, all without the need for a PhD in Maths. Investors will now be able to easily target and monitor the specific risks they know something about and intend to profit from (e.g. a turnaround at a manufacturing firm), without unknowingly over-exposing their portfolio to sources of uncertainty they know nothing about (e.g. the result of an election or future levels of interbank lending rates). The key benefit of such risk control and transparency is better returns and more learning.

ELSS vs PPF

Equity Linked Saving Scheme (ELSS) is a type of mutual fund that is eligible for tax deduction benefits under the section of 80C of the Income Tax Act, 1961. Due to higher returns and lowest lock-in period of 3 years in the tax saving category, ELSS is quite popular. ELSS funds generate returns by primarily investing in equity and equity-related instruments. This also makes it a suitable investment option for a person with long term goals.

What is Real Estate Investment Trust (REIT)?

In India, SEBI requires REITs to be listed on exchanges and to make an initial public offer to raise money. Just like MFs, REITs are subject to a three-tier structure, the sponsor who is responsible for setting up the REIT, the fund management company which is responsible for selecting and operating the properties, and the trustee who ensures that the money is managed in the interest of unit-holders.

A Rich Life

Financial Stability

Financial stability and success is essential to have a good life. It gives you peace of mind. If you are financially stable, you can think of non-monetary aspects of life that will allow you to live a complete life.

How do you bring financial stability?

WHAT IS MARKET INDEX? DIFFERENT INDEX THAT THE INVESTOR SHOULD FOLLOW WHILE INVESTING IN INDIA AND ITS RELEVANCE?

The values of this grouped stocks are used to calculate the value of the index (typically a weighted average). Any change in the price of the stocks leads to a change in the index value. An index is thus indicative of the changes in the market and used by investors and financial managers to describe the market and to compare the return on specific investments.

An Investors look at Government Subsidies Sectors and Products

Government Subsidy for Small Business – Organic Farming The Government of India under National Project on Organic Farming gives capital free credit to business generation units producing organic fertilizers / bio-fertilizers. NABARD/NCDC will discharge the qualified subsidy amount by DAC ahead of time according to the necessity. You will get half advance subsidy to the taking interest banks for keeping the same in subsidy save subsidize proof of the concerned borrower.