Wealth Creation Archive

Skills You Should Invest in Before Buying a Car

Owning a car is now a goal of almost every youth, once a job is secured. Statement of your lifestyle, companion for all trips, the steering therapy, etc., are several words with which people relate a car to themselves. Thanks to the consistent high end upgradation in technology and mass industrialisation, cars are not only getting smarter everyday, but also quite economical to own and …

What are Balanced Mutual Funds

                                 “Take a simple idea and take it seriously”: Charlie Munger Mutual funds, when taken in reference to this quote by Mr. Munger, become quite a boon for the passive investor. Simple products, with a diverse range of categories, that can be chosen on the basis of investment horizon, funds …

How Does Uber Earn

Uber is, arguably one of the world’s most valued start-ups, with investments from business unicorns including Google, Softbank, Goldman Sachs, Microsoft.  It has made a strong presence in the taxi business, however, it, still finds itself in the midst of tremendous cash burn and mounting losses. Recently reported, the firm has incurred a mountain of losses, that it has forced Uber to bail out of …

How to Curb Emotional Spending

Many of us reading this article love shopping. And why not, what’s the harm? It’s our or our parents or our spouses “hard earned money” which we are spending on ourselves or on things that give us happiness. We obviously have a right to do that. Isn’t it? Then where did this term “emotional spending” come from? Do you identify yourselves in any of these …

ETF V/S Mutual Funds

Often people confuse the Exchange Traded Funds (ETF’s) and Mutual Funds (MF’s) to be the same thing or say two interchangeable terms but in reality, they are two very different things. Though, the two have many similarities also but they differ in many ways too. The decision regarding investment in a mutual fund or exchange–traded fund may seem like a petty consideration, but there are …

Hacking Maximum Benefits out of ELSS Schemes

Tax Saver Mutual Funds or ELSS Schemes have held a strong grip on the investors, irrespective of the fact that to which tax bracket they belong.  A veteran in the field of tax savings, ELSS have openly been regarded as efficient money saving and inflation beating tool. The basics and necessity of this scheme has been discussed in our previous two articles: What are Equity …

Exploring the Bharat 22 ETF

Trading like a stock, yet having diversification quality of a portfolio, Exchange Traded Funds or ETFs represent a perfect combination of equity and a mutual fund. As far as the Indian scenario is concerned, ETF market is well developing and has some key players actively utilising this investment tool. Recently, the ETF market has caught fire like attention due to launch of the awaited Bharat 22 …