Join Fin10 - a simple step-by-step guide for Investing / Managing your money better
Get Financially Literate.
E.g. If you save and invest Rs 15,000 per month, do you know how much you will have after 20 years ?
A cool Rs 1.15 crores.
Scroll down to see some of the things that you will learn !
Starting with the basics of Personal Finance
1: What do you want in life, financially ?
2: What are some common financial mistakes ?
3: What are some common financial myths?
4: How to make your personal finance budget?
5: What is your Net Worth?
6: How do you measure return?
7: The Eighth wonder of the world – Compounding !
8: How does inflation impact your return?
9: Do you have an emergency fund ?
10: How are financial products Mis Sold ?
Types of Investment Options
11: What are the various forms of investment?
12: Types of investment vehicles: Public Provident Fund
13: Types of investment vehicles: National Savings Certificate
14: Types of investment vehicles: Post Office Schemes
15: Types of investment vehicles: Government Securities
16: Types of investment vehicles: Corporate and Infra Bonds
17: Types of investment vehicles: Bank Deposits
18: Types of investment vehicles: Real Estate?
19: Types of investment vehicles: Direct Equity?
20: Types of investment vehicles: Mutual Funds?
Your Investment Strategy
21: Asset allocation defines your returns
22: Why should one have a diversified portfolio?
23: What is your risk profile?
24: Understanding your risk profile?
25: What should your portfolio be like ?
All about Mutual Funds and Equity
26: Why should one invest in Mutual Funds ?
27: What are the different types of Mutual Funds ?
28: What are Equity Mutual Funds?
29: What are Debt Mutual Funds?
30: What are Hybrid Funds?
31: What are Exchange Traded Funds (ETFs)?
32: Types of investment vehicles: Other funds?
33: How to manage risk of investing into Mutual Funds?
34: What is Systematic Investment Option (SIP)?
35: What should one keep in mind while choosing a good Mutual Fund?
36: Basics of Investing directly in the stock markets – Part 1
37: Basics of Investing directly in the stock markets – Part 2
38: What is a Demat account and how does it work ?
Stuff you need to know about Taxation
39: Which sources of income should you declare, apart from your salary as part of your total income ?
40: What are the different tax brackets and how to calculate your effective tax rate ?
41: Which are some of the Tax efficient investment options ?
42: What is Capital Gains Tax and when is it applicable ?
43: How are Equity Mutual Funds Taxed ?
44: How are debt Mutual Funds Taxed ?
45: What are some of the avenues for legally saving on Taxes ?
Do you have (enough) Insurance ?
46: What is insurance and why is it required ?
47: What are the different types of insurance products ?
48: What is the most important insurance product which everyone should have ?
49: How much should one be insured for ?
50: How the select the right insurance products ?
Planning and How to do stuff ?
51: What is Financial Planning and how it can help you ?
52: What is the right time to start planning for your finances?
53: How do you select a financial advisor?
54: Starting your Financial Health Check
55: How to save MORE money ?
56: Which loans should you pre-pay if you can ?
57: How to start creating a multi – crore corpus till you retire ?
58: How to invest a lumsump amount (e.g. your bonus or savings in a FD) ?
59: Do you have to manage your investments on a daily basis?
60: Financial Health Check Report Overview / What you should do next ?
If you don't know the answers to the questions above, you should signup for Fin10