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Financial Literacy

What are the financial instruments in India?

We took a look at the players in the financial markets earlier. Let us now look at the Financial Instruments these players have. They van be braodly classified into Government securities and Industrial securities.

 

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Financial Literacy
Trading of Currency Futures begins in India E-mail
Written by Ranjan   

The Finance Minister dedicated to the financial services community, a new product - Currency Futures on 29th August, 2008. And ever since, Ajay Shah is busy on the NSE web page with its live display of currency futures.

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Do you bother about managing your own money? E-mail
Written by Ranjan   

Do you thinks that there are more important things to worry about than bothering about managing your own money. Like how the Finance Minister is handling the Nation's budget. Saving where he should spend and spending where he should save! Or how RBI is managing the monetary policies for the country. Or the Sub prime mess that is raising a stink in the US (and worldwide).

And if you are done with that, you need to worry about your Company's finances. Whether the capital is enough and accounting ratios are on the right track. And we have complex financial statements and models to keep us informed about the financial health of the company.

So where does handling my own money stand in the pecking order? You need to answer that for yourself. And that's why it's called personal finance, I guess!

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India's first eBook on personal finance: Monday is Moneyday E-mail
Written by Ranjan   
Personal Finance is a "threatening" concept and most people phase out when money/ savings/ investing/ tax/ stocks/ insurance/ funds are discussed. After tackling them over the last one year on my blog and website , I hope to construct an easy-to-digest, friendly e-book that people want to read and understand!
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Baby Steps for a newbie Stocks Investor E-mail
Written by Ranjan   
Trent Hamm, in TheSimple Dollar says that once a person has their debt under control, the next thing that they should want to do with their money is figure out ways to maximize it, and most of the time the potential gains of the stock market look like a great place to put money.

But how? For the average person, the diversity of options for investing in stocks are overwhelming. Should I buy a mutual fund? Should I buy individual stocks? How do I even get started when I’ve figured out what I want to do? What are my investing goals? How do I even describe those goals?
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Suggestions for controlling cost of your investments E-mail
Written by Ranjan   
Ajay Shah has a post on combating fees and expenses of fund management  in his blog. He discusses in detail the steps being taken by SEBI and IRDA in making costs of investing more reasonable. He also has his suggestions  to consider when you want to build a portfolio for yourself.
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