Many people tend to procrastinate when it comes to investing. Some explain away their inaction by saying they just don’t have enough money to invest. Sometimes, all you need is a just a nudge to stop procrastinating and act. New-age fintechs like Appreciate, Jar and Niyo are here to give you just that nudge. You can invest small sums of money, which we usually call change money, in assets ranging from digital gold and mutual funds to US stocks . What is change investing? The concept of change investing is based on micro-investing. These fintechs monitor your spending. Everytime you spend money to make a purchase, say clothes, food or anything else, they also nudge you to invest a small sum in assets. Close Here’s how it works. These fintech apps fix an amount--let’s call this a roundoff amount--to the next Rs 10, Rs 50 or Rs 100, depending on what they offer and what you choose. When you spend money to buy something, using your debit card or net … [Read more...] about Apps that allow you to invest loose change in mutual funds, gold and US stocks: Should you download them?
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Image credit: Suneesh K The collective size of just the three equity schemes that Prashant Jain, executive director and chief investment officer at HDFC Asset Management Co Ltd, manages is over Rs 88,400 crore. Among his three marquee schemes, Jain has managed HDFC Balanced Advantage Fund since its inception, i.e., over 28 years. In the Rs 37 trillion mutual fund industry, no other fund manager has managed a single mutual fund scheme for as long. After a weak performance phase due to a narrow run on equity markets that punished the value style of investing, Jain’s schemes have made a comeback. Recently, Jain was a guest on Moneycontrol Pro Masters Virtual, where he spoke on the Russia-Ukraine crisis, the impact of inflation and rising oil prices on the Indian economy and markets, and what investors should do. The Russia-Ukraine war may have started in February, but equity markets have been volatile since October 2021, presumably on the expectation of the US Fed … [Read more...] about Prashant Jain of HDFC MF is prepared for volatility and is betting on sectors like capital goods and energy
Yesha Shah is the Head of equity research at Samco Securities. "Women should focus on the long term and invest in what they understand. Women should equip themselves with at least basic knowledge and engage financial advisors if need be. Instead of always focussing on getting the timing right, a staggered or SIP approach can work really well for women," Yesha Shah, Head - Equity Research at Samco Securities said in an interview to Moneycontrol, on Mother's day. On the LIC IPO, she said even amid the surprise rate hikes by the RBI and the global meltdown in equity markets, the demand for LIC IPO, at least from the retail segment, has been quite resilient. From a valuation standpoint, "the downside for LIC from here seems limited as the IPO is attractively priced," she said. Edited excerpts: What is your message to the busy women on this Mother's Day? At the current juncture, there are multiple headwinds that equity markets are facing. And so, if women are new to the … [Read more...] about Daily Voice | Downside for LIC from here seems limited as the IPO is attractively priced: Yesha Shah of Samco Securities
Sharad Shah Sharad Shah is a rare or perhaps near extinct species in the Indian stock market: the permabear. And unlike most traders of his vintage, he makes no bones about his market strategy, short selling stocks. A stock market player for nearly 40 years now, Shah is considered something of a maverick by those who know him. Many of his contemporaries find him too outspoken and even loud, but Shah is not the one to mince words. His trading style, or rather his investment ideology, if one can call it that, has landed Shah in trouble quite a few times in the past. Angry promoters have complained about him to the regulator, to investigative agencies, to the cops. Some threatened him with violence for short selling their stocks, and a few others even made good on their word. Not that it made any difference to Shah’s worldview of the stock market. With shares now in a freefall, Shah feels his theory has been vindicated, and it is payback time. Benchmark indices are down close to 15 … [Read more...] about Long story short: More pain ahead in midcaps, smallcaps, says veteran trader Sharad Shah
There are literally thousands of publicly traded companies you can invest in, not to mention the many ETFs and mutual funds you can buy, so it's not surprising many investors don't know where to begin. While I don't have a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing here. In this article, I'll discuss 10 stocks that I think could be great buys in 2022 for long-term investors looking to put money to work. Before we get to the stocks you're here for, let's acknowledge three caveats: Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks . It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. I like these stocks for long-term investments. I have absolutely no idea what they'll do over the next few weeks or months. While I ensured … [Read more...] about The Top 10 Stocks to Buy in 2022