There is a concept of finance that says that there is a ‘time value of money.’ It is one of those concepts which works as a foundation of all money management. But before we can understand the time value of money, we must know who should care about it. Theoretically speaking, everyone is affected by this concept. But…
When one first starts to feel the need for a personal finance overhaul? It does not happen while just starting in a job. The need for organizing finances creeps in after few years on the job. It’s the time when one is wondering where the money is going? This query starts a chain of thoughts in our minds. Eventually, we realize…
Let’s start with the most basic question. Why compare two mutual funds? It’s done to know which fund is better for investing. But such a comparative method is effective? If one knows the vital parameters for comparison, it can be more effective. In fact, unlike stock analysis, a detailed fundamental analysis of mutual funds is not possible….
