In this age of consumerism, we all use debt. We borrow from willing parties and in return pay to them an interest in addition to returning the principal. Loans are available to us from multiple sources and they are of multiple types. Banks provide home loans, car loans, personal loans, overdraft loans, credit companies provide…
We all are aware of money. We interact with it everyday. In that everyday nature of our dealing with it, we tend to sometimes add and sometimes forget what it actually is. Here, I attempt to simplify the concept. Money is the value within. Let’s understand this with an example. Picture a seed. A seed…
In a previous post, we explored the nature of risk. We had discussed that engagement with risk is necessary, and that engagement with risk brings about uncertainty. The manifestation of risk can be understood by using the construct “If a particular event occurs, then a particular impact occurs”. Further, the management of risk is then…
As a living being one has to face risk, risk here is referred as an uncertain event leading to uncertain outcomes taking various forms in life, health, wealth etc. These risks are not frequent and chances of occurrence are also low but when they occur they cause a devastating effect in one’s life. As one…
This debate started when direct funds were introduced in India, and almost overnight investor preference shifted to direct funds and away from professional advice. But, at its core, this is a question what action should one take. So, let’s understand what it takes to ensure that the action taken is successful. Bear in mind, the…
Risk is the possibility of losing something of value. Values (such as physical health, social status, emotional well-being, or financial wealth) can be gained or lost when taking risk resulting from a given action or inaction, foreseen or unforeseen (planned or not planned). Risk can also be defined as the intentional interaction with uncertainty. Uncertainty…