These are some of the famous quotes from Charlie Munger, long term partner of Warren Buffett.
Famous Quotes from Peter Lynch Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager and philanthropist. As the manager of the Magellan Fund at Fidelity…
Famous Quotes from Ace Investor Warren Buffett Considered to be the most successful investor of the world, Warren Buffet has shared his investment fundamentals at…
Stocks are always better than Fixed deposits if you follow key investing principles diligently! Mutual funds lend you expertise and provides same benefits as equity…
Winning traits of a sporting giant: 1. Be humble 2. Build up on small beginnings 3. Have faith and conviction in what you believe in. 4. Learn continuously. 5. Stay calm in turbulent times.
5 common myths about mutual funds busted: 1. It requires large sum of money to invest: No, You can start with as little as Rs. 500 a month. 2. SIPs mean you will never lose money: In long run, you will not, but in short term, it is normal to rise and fall. 3. You need to be an expert: People you are entrusting your money with are the experts whom you need to believe. 4. Mutual funds only invest in equities: MFs as well invest in liquid funds, debt funds and hybrid funds which are a great form of diversifying your portfolio. 5. You can't go wrong with five star rated funds: Past performance is no indicator of future performance.
8 deadly sins of investing in stock markets: 1. Herding: Do not simply do what others are doing. Else you will end up buying high and selling low. 2. Lack of diversification: Never put all your eggs in one basket. 3. Optimism: Be practical, not emotional. 4. Mental Accounting: To justify success, one tends to separate the performance of different investments. 5. Regret of failure: Due to regret of failure in in the past, once doesn't take necessary action. 6. Loss aversion: This is also called panic selling. Do not ever sell in panic of loss. Make an informed and wise decision. 7. Anchoring: Instead of adaption to a changing market, one continues to focus on past events. 8. Narrow framing
Six Investment avenues for cost conscious Investors: 1. Gold Bonds 2. Exchange traded funds 3. Direct plans 4. Online discounted brokerage houses. 5. National Pension System. 6. Maintain a healthy portfolio requiring minimum churning.
6 financial habits that you need to get rid of: 1. Rolling over credit cards 2. Overspending on luxuries 3. Using credit cards for rewards 4. Using EMI options for credit card payments 5. Ignoring Credit Score 5. Neglecting product maintenance
This article writes about mutual fund investing for the common investor.