Manoj Arora's Blog, page 10

41 Gigantic lessons from the book 'Good Vibes, Good Life' by Vex Kings

Self-love is the key to unlocking your greatness. And each one of us have all the power to improve our self-love, elevate our vibes and attract a great destiny.In Good Vibes, Good Life, the author Vex Kings shares his experiences when his father died when he was just a baby, how his family was often homeless and he grew up in troubled neighborhoods, where he regularly experienced racism. Despite

Should you pre-pay your loan?

Pre-paying a loan is both an emotional as well as a financial decision. If you are keen to know whether pre-paying any loan would make financial sense, you need to read on...After taking a loan, usually one lands up in a situation that pre-payment of the loan becomes a possibility after a few years of serving the loan. Should you just go ahead and prepay the loan or should you do a proper

What is Alpha and Beta in Mutual Funds

Rohan scored 45 marks, while Vinay scored 80. Does that tell you who is a better performer? Actually, it does not, unless you know the benchmark score for both of their scores. And that is where investors get mislead in the chaotic world of mutual funds. The two most commonly used instruments in the financial markets - alpha and beta - quantify the performance, response, and interaction of mutual

43 fabulous financial lessons from the book "The Psychology Of Money" by Morgan Housel

Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people.In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.I, hereby, list down 43 fabulous

Is India headed towards a Gig Economy?

Last month, one of my senior executive friends lost her MNC job, had to upskill herself, and after some serious searching, accepted the new offer - albeit a little unwillingly. She was on contract this time, and she is being paid more than what she got in her earlier permanent job. Welcome to the Gig Economy. Risks are of course higher, and so are the rewards.What is a Gig?The gig is a slang used

31 Stunning Lessons from the book "Quiet" by Susan Cain

'Quiet' is a 2012 non-fiction book written by Susan Cain. She argues that modern Western culture misunderstands and undervalues the traits and capabilities of introverted people, leading to a colossal waste of talent, energy, and happiness.The book presents a history of how Western culture transformed from a culture of character to a culture of personality in which an "extrovert ideal" dominates

ESG Investing : bright future, but a timid present

Global pension funds and other large investors are moving their money to ESG (Environmental, Social, and Governance) investing. The Indian mutual fund industry has started rolling out ESG funds too. You need to be aware.What is ESG Investing?The ESG investing revolves around investing in companies that score high on three non-financial parameters — environment friendliness, social responsibility,

Restructuring of Multi-Cap Funds as regulated by SEBI

Multi-Cap Funds have been a hot topic of discussion off-late. SEBI has regulated how multi-cap mutual funds can be operated. Let us look at the details.What are Multi-Cap FundsThese are diversified equity mutual funds that can invest in stocks across market capitalization. In other words, they are market capitalization agnostic. That is, their portfolio comprises of large-cap, midcap as well as [image error]

24 Immaculate Examples from the book "Innumeracy" by John Allen Paulos

This is a 1988 book by mathematician John Allen Paulos about "innumeracy," a term he embraced to describe the mathematical equivalent of illiteracy: incompetence with numbers rather than words.Read on to some interesting examples of innumeracy that you will surely find very interesting.Innumeracy is a problem with many otherwise educated and knowledgeable people. While many people would be

Manage Your Day to Manage Your Life

Life is nothing but a collection of approximately 32,850 days, each one starting afresh every morning. If you can learn to manage your day, you are more likely to end up with a satisfying life.It must have been around 15 years back when I happened to read the master book by Stephen Covey, The Seven habits of Highly Effective People. There is one learning from that book that stuck. It stuck so