Five Thumb rules for your Money

1)      How much (or what percentage of total investment) should I invest in equities?

100 minus your age = investment in Equities

Example: Your age is 28. So 100 – 28 = 72 % of your investments can be in Equity, balance Debt investment.  

2)      How much of my monthly take home salary should I save?

   

             Minimum of 15 to 20 % of your Monthly take home should be saved.

3)      How much loan I can take?

Maximum 10 % of your monthly take home should be your monthly loan installment.

4)      How much emergency cash should I have?

Minimum of 4 to 6 months expenses should be kept aside as emergency fund.

5)      How much Insurance Coverage should I have?

     Minimum of 5 to 10 times of your annual salary

Thanks & Regards
Vikram AG

10 Golden rules for Successful Trading in Stock Market

10 Golden rules for Successful Trading in Stock Market

1. Bet high enough to make meaningful profits when you win. 

2. Bet low enough so you are OK financially and psychologically when you lose. 

3.  If rule (1) and (2) don't overlap, don't trade.

4. Don't go adding a bunch of rules that don't work, Stop trading to avoid losses . 

Just so you have ten rules.

Courtesy : ED Seykota

Cheers

Vikram AG