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Risk profile is a notion mostly used in the field of investment. Financial analysts have propagated that you should invest your money as per your risk profile. But as an investor is it right to take investment decisions based on risk profile ? Let’s first understand what is a risk profile. Risk profile is an […]
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After a lot of deliberations, Sanjeev had enrolled for financial planning services for drawing out a comprehensive financial plan for his family. After several rounds of meetings and data sharing the plan was ready and Sanjeev was extremely pleased with the work done by his planner. Since the implementation was to be done by the […]
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A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920 in […]
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Imagine you and your family decide to go out on a picnic. It is something which your spouse and children have been asking for a long time now. You zero down on a weekend, pack your bags with food and other belongings and begin to drive down the long road to your weekend getaway. Since […]
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The main success in the process of wealth creation depends on specific qualities displayed by investor including approach to circumstances and his ability to act in response to the situation. There are few important qualities you should have if you want to become a successful investor. Discipline : This is the first and most important quality because implementation of the […]
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