$ 5 Trillion Maths
From the Ramparts of the Red Fort, Prime Minister Narendra Modi declared on the 15th August: “The goal to make India a $5 trillion economy by 2024 is challenging, but achievable.” By a simple CAGR calculation, The Indian Economy needs to grow at 13.11 % nominal rate to achieve the desired figure by 2024. Assuming […]
Are You Taking Enough Risks?
“The biggest risk is not taking any risk.” Profound words indeed! You need to look in the mirror and answer, Are you taking enough risks to meet your goals? Although it is often used in different contexts, Risk is the possibility that an outcome will not be as expected. Specifically in finance, it is always […]
Mutual Funds – The real advantage
The mutual fund was born from a financial crisis that staggered Europe in the early 1770s. The British East India Company had borrowed heavily during the preceding boom years to support its ambitious colonial interests, particularly in North America, where unrest would culminate in revolution in a few short years. As expenses increased and revenue […]