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Financial IQ

What are Financial Markets
Let us try to understand how the financial markets operate to make sense of what is happening around us. The primary functions of the financial markets is price discovery, liquidity and lower transactions costs.
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Insurance

How an actuary buys Insurance?

Trent Hamm runs a personal finance blog by the name "The Simple Dollar". The Simple Dollar is for people fighting debt and bad spending habits while building a financially secure future and still affording a latte or two. Our busy lives are crazy enough without having to compare five hundred mutual funds - we just want simple ways to manage our finances and save a little money.

In the following post, (http://www.thesimpledollar.com/2007/06/07/interesting-insights-into-life-insurance-from-an-actuary-how-he-would-buy-life-insurance/) Trent recounts his meeting with his PhD in Maths and Actuary friend who works in a big Insurance firm about the amount of insurance one should buy.

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Editor's Choice

Understanding the good habits of wealth creation

This is a guest post on GetRichSlowly from Dough Roller, a Washington D.C. blogger who writes about building wealth, one dollar at a time.

We are what we repeatedly do. Excellence then, is not an act, but a habit. — Aristotle

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Financial Literacy
Fundamentals of Budgeting E-mail

Getting rich is in your hands, nobody else's . So get started with working hard or smart (depends on you again), adding to your finance knowledge and generally taking responsibility for yourself. Get Rich Or Die Trying. Just kidding! But read on for some serious stuff.

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Why should you avoid a star fund manager E-mail
PersonalFn has an insightful article on star fund managers.
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The Fundamentals of Futures & Options E-mail
Futures & Options (F&O) lingo is explained in a lucid manner by Deepak Shenoy, CoFounder, Moneyoga in a post on his blog. Here we reproduce only the Futures part. The Options will appear in the next week.
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Overview of a Financial System E-mail

Before we discuss in detail the various instruments available in the financial market and their role and significance in personal financial planning, it would be helpful to have a brief overview of the financial system in India.

 

The Financial System Consists of Financial Market Segments, Players in the Financial Markets and Financial Instruments 

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Life Cycle Stages of Investing: Stage I E-mail
 Age of the investor, family situation are important factors for taking a decision on you financial goals.
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