To keep money in savings account or to invest in mutual fund
The other day, a friend of mine talked to me about investment. He told me it is wiser to invest his money in mutual fund than to put it in savings account because it gets higher return in the former. I told him there are pros and cons to each, just like there are pros [...]
Know what you’re investing in
“Hey, have you heard of that company XXX? I heard the company share is quite good. My friends said they earning a lot of money.” This kind of conversation happens a lot and some of my friends actually told me such things before too. My question to them is this – “I don’t know about [...]
Never commit any money before getting the intended reward
One of my principles is never to commit any money without actually getting the reward first. In normal circumstances, such things are not applicable in most of my investments – real estate, stocks, funds and other more established investment methods (approved by the government). But there are those ‘investment’ types out there which require you [...]
Every investor makes mistakes
Everyone makes mistakes, and investors are not much different. Even the great Warren Buffett makes mistakes from time to time. His company Berkshire Hathaway has recently reported a 77% drop in profit. That goes to show that even the richest and most successful investor in the modern history, makes mistakes. That’s why one, especially newbie [...]
CNN Money: Forecast 2009
This is an interesting article on the experts’ outlook for year 2009, and after the election of President Obama. Forecast 2009: Your investments After reading this article, here are some of my opinions: The share market is not on the road to recovery (not yet). Best to sell some of the stocks which you’re currently [...]