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Financial Literacy

What is the Cost of your Investments
It's no secret that it costs money to invest in mutual funds. What many people don't know is that expenses can vary greatly among funds, even when the funds are generally similar. High costs can eat away at your net investment returns over time—and that means it pays to shop around.

You should choose a fund based on your financial goals, time horizon, and tolerance for risk. It's equally important to keep an eye on expenses. Princeton University economics professor and former Vanguard® board member Burton Malkiel recommends that investors look for funds with:

  • Expense ratios of 0.50% or less.
  • Turnover ratios of less than 50%.
  • No sales charges.

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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!

This e-book is only 21 pages and will not take more than an hour to go through. No matter who you are and what you earn, my feeling is that this one hour can help you understand money and change a lot of things for you, for the better!

Personal Finance is about managing your own money. There are scores of books and courses to manage the finance of your business or a Company. Then there are books on finances of the Government (Monetary, Fiscal Economics). But are there enough for managing your own finances? Which is equally, if not more, important for all of us. And moreover it's simple and not rocket science!

Download the eBook