Financial Literacy
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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Written by Ranjan
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Sundar is a Google Software Engineer and has been selected to IIM, Bangalore's PGP this year. He had some very interesting questions on personal finance. He wanted to know why people do a shoddy job when it comes to financial planning. |
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Written by Ranjan
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The Simple Dollar is a blog on personal finance for those of us who are 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. Trent has this piece on 6 ways of fighting back when you lose financial focus. |
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Written by Ranjan
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Moneyoga is live with Stock Market analytics and investment strategies. Moneyoga will develop a systematic & disciplined approach to investing and trading in the Indian stock market. They also plan to decipher a slew of investment products: Stocks, Futures, Options, Rights issues, IPOs, ETFs, develop advanced analytics, create system-based investment strategies, and demonstrate proper money management, using techniques and implement overall portfolio risk management, using Futures & Options strategies. I emailed Deepak Shenoy with a set of questions and despite his busy schedule, he gave some very succinct answers. Thanks Deepak and all the best. |
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Written by Ranjan
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I have been following the EagleEyeTrade blog and I find this blog very credible. I am delighted that Rajeev found time to answer some of my doubts/questions which have been reproduced below. Regarding current situation he expects same kind of volatility in coming days. Currency related pain would drive the markets. Yen has made a very strong move and Japan being the biggest lender, most people who borrowed in yen would find the coming days full of pain. Investors should wait for big volatile moves to finish and thus wait for markets to make a bottom in coming months |
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Written by Ranjan
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I have been looking around for a price comparison portal for personal finance products and I found Ecompare. Right now they have price comparisons for fixed deposits, home loans and credit cards. They are planning additions to the product range on their portal, like mobile tariffs soon
The site looks very promising and Clayton Scott, Director, Ecompare, was very prompt with the answers I was looking for. Yes, its about time the Indian consumer had a quality service that can help them find the right product |
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