Investment a Rocket Science?
Wall Street loves to use confusing terms to make you think only they can do what they do. Or even better, for you just to leave them the fuck alone, thanks to The Big short movie for this fuckin dialogue. Overtime we have seen an increase in so many assets where money can be parked namely stocks, Mutual Funds, Precious Metals, Bank FD, Real Estate, Bonds, Moneyback Insurance etc. 1. Equity (Stocks) – Large cap, Mid cap, Small cap, Futures & Options 2. Mutual Funds (SIP, Lumpsum) – Equity, Debt, Balanced funds, ELSS 3. Bonds – Corporate Bonds, Government Bonds 4. Section 80C Investments – Equity Linked Savings Scheme, Public Provident Fund, National Saving Certificate, EPF, NPS, SSY etc. 5.Insurance Policies – Endowment, Whole Life, Health cover, Term plan. 6. Deposits – Savings account, FD, RD This thing gets More confusing when y ou account for time horizon, Tax advantage ...