AMFinserve

When my first chapter hit the mail boxes the one common response that I got was why this topic and why not some thing more in depth and technical in finance and investment? These will eventually come but lets get the basic things right. It is always said get your basics correct the rest will take care of itself. Just as the baby learns to crawl, then few faltering steps before he can walk and run lets learn to take the first steps correctly. If you don’t get your first steps correct the next would be just useless. Let me clear this. When one does not have the fall back money and goes directly to the next step of investing, for longer duration in viz. equity or equity related instruments, then if there is a problem and a need arises, then this person would get away from such investments even if the market conditions are not good thus resulting into losses. Hence once the money is available in the right places there is no need to break into those investments which would be kept for ...

How many times in our life, we are placed at situations when we are facing the dilemma, of what do I do now? You have a Cash Crunch! The economy is not doing well and I may be facing a situation of job cut, reduced salaries etc. How do I manage situations? The truth is every individual goes through certain phases in regular intervals. One has money a plenty situation and at the same time, in a short while from there-on will have a sudden dip in the resource called CASH. So how does one even out the ups and downs in ones life in such a manner the one does not have to depend on external sources for a bail out. The answer lies in understanding these phases and accepting the facts that all times are not same. Hence, have to be managed intelligently so that you live up to your present, as well as you provide for your contingencies. You could be anyone a salaried person, a professional or a business person, but the situations don’t change to much as managing money is concerned. If one examin...