Manoj Arora's Blog, page 9

What are Mutual Funds - Fund of Funds (FOFs)

Mutual funds that invest in other mutual funds? Sounds confusing? That's Fund of Funds for you. Read on...What is Fund of FundsAcronymed as FOFs, Fund of Funds is a type of mutual fund which invests in various other mutual funds in the market. These are also known as multi-manager investments since there would typically be managers for each fund that a particular FOF is invested in.The FOF may be

Top 7 mistakes when investing in Mutual Funds

Mutual Fund as an asset class, is fast becoming popular among Indian investors. But in spite of all the education and content available, there are some very common mistakes that most of us do, while investing in Mutual Funds.Here is the list of the top 7 mistakes that I found out, after interacting with hundreds of investors from across the country, and outside.Mistake # 1: Selecting Fund Type [

35 Momentous lessons from the book 'Happy Money' by Ken Honda

For many of us, the subject of money is unavoidably stressful. Managing our personal finances may seem complicated or time-consuming. The good news is that in Japan - where a Zen approach to life is more widely practiced - a pathway to a better relationship with money is being carved, by Ken Honda, through his book - Happy Money.In Happy Money, the author Ken Honda reinvents the way we see our

14 Fabulous Life Lesson from the Netflix Series 'Breaking Bad'

This is just our 2nd attempt at publishing lessons from a documentary or a television series. But learning is everywhere, and we must continue to evolve with changing times.For those who have missed out reading some of our posts which captured lessons from some of the best-selling books, they can click here to read the book lessons.Let's get it rolling.ABOUT THE SERIESTitle: Breaking BadDuration:

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