Bitcoins have been in discussions everywhere. Let it be in your friend circle, new channels or elsewhere around. A huge part of our nation’s population is not aware about it and some are not well known to it. Those who have heard about it as a quick moneymaking method never knew about it well. Bitcoin is a crypto-currency, which is a digital form of currency, a part of a tech revolution itself. Do you think this is seriously going to help you invest money and get a quick return? No, investing money in the form of Bitcoins can later be the worst nightmare if you run after your greed.
Recently invested somewhere and expecting for high returns?
Don’t fall for false hopes given by wrong people. Be reasonable!
In this world of rising and falling economies, there are a lot of people running after various sources to invest their hard-earned money. Most of them expecting a high rate of return and thus investing their earnings on dodgy sources. The investors are just interested in the high returns and put in all they have into one same basket. There is always a ‘behind the stage’ story which occurs in parallel to it. Continue reading
Here is wishing all our readers a very happy Financial New Year from the Investorshala desk. The calendar New Year is the harbinger of new resolutions and promises that we make to our selves. Some we keep and some are forgotten as the weeks pass by. This new financial year lets us make and try our utmost to keep some financial resolutions. Continue reading
Recently I met some family friends, who were busy preparing for their son’s upcoming wedding. After a few minutes of pleasantries, the conversation meandered its way to financial planning and money management. As the couple would be starting their life in a new city, it was but natural that the parents were worried. They included me in the conversation looking for a professional point of view.
It struck me that there was plenty of advice that I could impart to a newly married couple that could help build a sound financial foundation for their new lives together. Just as the seven wows of marriage help towards a good relationship, these seven financial wows will keep you in good financial health, providing a solid foundation for life. Continue reading
Women are taking the world by their strides. The achievements of the fairer sex in the work arena are no longer insignificant. Women have gone from supplementing household incomes to contributing equally to it. And yet it is so difficult to find women who handle their own finances. They may earn as much as their brothers or husbands and yet most of them will not take an initiative when it comes to managing their finances. Why is it that in an era where the CEOs of leading banks like ICICI, Axis and SBI are women, the average working woman still does not come forward to take her own financial decisions?
It is actually quite disturbing to see intelligent and articulate women, look on without any seeming interest or understanding when the topic of conversation centers on investments and finances. It is essential that we try to understand this lack of interest and initiative on part of women simply because women need to understand how money works and how it needs to be handled to their advantage. Continue reading