The first documented bitcoin transaction was by Laszlo Hanyecz in 22nd of May 2010. He brought two boxes of pizza for 10,000 BTC. As of 2017, the pizzas Mr. Hanyecz brought is worth over 15.5 million US dollars.
Spending money wisely is an important part of being an effective investor. Often, wise choices would mean not allocating your resources at all. Pragmatic thinking makes it tremendously hard to make risky choices. Pragmatism, on the other hand, is necessary to succeed in a fluctuating market. An investment is only as good as the economic…
Benjamin Graham, considered to be the father of value investing and security analysis, is known as the Greatest American Investor. He was earning more than $500,000 a year at the age of 25! It’s no wonder that the legendary Warren Buffet idolises him!
If there’s one person that the financial world and its stalwarts unanimously admire and respect, it must be Warren Buffett, the American business magnate and investor. The Oracle of Omaha has often called his company, Berkshire Hathaway, his canvas as it serves as a testament of his evolving investment rules. Once a year, Buffett sends a letter to all his company’s shareholders with his investment insights that pretty much becomes the gospel for the rest of financial world. Here we take you through some of the key takeaways from his 2017 Shareholder Letter that can become your investment guideline for years to come.
Everyone makes mistakes, in fact, mistakes are a part of any learning process. Whether you’re a first-time investor or a seasoned one, you are prone to making mistakes in investments. So, what sets a good investor apart from a poor investor? It’s the knowledge of common investing errors that one needs to avoid and should steer away from. Here we introduce you to the most common investment mistakes to consciously stay away from.
Every investor’s dream is to earn amazing returns on low capital investments! But people often think that every investment that gives high returns would be too risky. Well, that needn’t always be the case. Though investments mostly equate to returns, there are a few things to remember before jumping on any investment option. Here are 5 easy ways to ensure high returns on your investments.
As India’s first invoice discounting marketplace, we are often asked how KredX minimises the risk to investors. We’re here to tell you just that. We’ll also break down the risk mitigation process we follow here to give our investors a worry-free investment experience with high returns in a short turnaround time. To ensure that the investor is never affected, we minimize the risk involved at multiple levels through a stringent Risk mitigation process.
Short term investments are usually sidelined when compared with long term investments. In a conventional sense, any investment for a tenure lesser than 1 year is considered to be a short term investment. People often associate short term investments with high risk but that needn’t always be the case. You need to make informed decisions when it comes to investments; be it long term or short term.
We’re only about a month into 2017 and it seems to be a successful year thus far. To help you keep this prosperity going we’ve shortlisted seven books from the world of finance. In fact a recent study revealed that 88% of rich people spend at least thirty minutes everyday reading to improve their knowledge! We hope our list of classics and new releases will help you stay on top of your finances this year!
The story of every middle-class Indian kid growing up is pretty much the same. Those monthly shopping and movie trips with the entire family in tow where your parents picked out the baggiest jeans for your ‘outings’, those Bata shoes before the new academic year began, those “tu kitni badi ho gayi hai, kal hi tho kareedha tha” everytime mom realises you’ve outgrown your school uniform. And amidst all that there is dad. Unflinching. One thing common to most dads is their financial wisdom. Haven’t we all watched our dads do the family accounts, budgeting and spending hours poring over sheets of numbers that made absolutely no sense to us as kids? But through it all, we pick up certain pearls of financial wisdom like the ones below.