Most retail investors assess performance of their mutual funds by looking at one number – returns. What most investors ignore is the risk that your fund manager took to get you that return. That is to say “how many sleepless nights did your fund manager give you for getting those returns”. Thus bigger fund performance […]
An investor without investment objectives is like a traveler without a travel destination – said Ralph Seger. When Alice asked the cat in the famous tale – Alice in Wonderland- where should i go. The cat says it pretty much depends on where you want to go. Alice says it does not matter, the cat […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]