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Showing posts from May, 2023

MONEY MANAGEMENT

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  Regardless of how much (or little) you know about investments, stock markets, credit cards, and insurance, your financial planning is most likely to fail if you don't have a firm grasp of your money. Hence, having a solid understanding of your finances, or your financial situation, and being able to manage them intelligently, is the most crucial stage in financial planning. So, what is your financial situation? 1) Earnings and Expenses: Your expenses matter more than earnings when it comes to determining how much money you have on hand after meeting your needs and wants. You must create a 'balance' between your spending and earning patterns if you want to be in a better financial state. Creating a ‘balance’ between your earning and spending patterns will create a benchmark for planning your finances. Normally, a healthy bank balance at the end of the month indicates a trend towards a good financial position, and a zero or negative bank balance at the end of most mo

Basics of Mutual Fund

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Do you understand the many terms used in investing in mutual funds? Do you struggle to understand the terminology used in mutual funds? Alternatively, are you unsure which mutual funds to buy as your next investment? If the answer to the above questions is, yes, then let us explain you to in easy to understand manner. It's possible that you were given advice telling you to invest in large- or mid-cap funds instead of small-cap funds. But what do the terms "large cap," "mid-cap," and "small cap" funds mean? How do you distinguish between large-cap, mid-cap, and small-cap funds? Let's start with the fundamentals to comprehend what the word "market cap" means. What is market cap? The technical term market capitalization is also known as market cap. Therefore, market capitalization is the market value of a company's outstanding shares. Market capitalization is the total market value of all the shares owned by a company's shareholders.