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Which are the Top 10 biggest Stock market Crashes in India?

The table shown below shows the biggest single day crashes faced by the Sensex ever since: On 17 May 2004, the BSE fell 15.52% - its largest fall in history (in terms of percentage) due to the election win by Indian National Congress and Left and Loss of NDA but afterwards SENSEX hit the lower circuit and the trading was stopped. Later, in the Afternoon Session it recovered 7% so I have not mentioned it the table . Source : Rishabh Jain

Are mutual funds meant for long term investments?

To be precise, equity mutual funds are meant for long term investments. The reason is simple. Equity mutual funds invest the money in the stock market. The stock market is volatile in nature. It means the returns are not fixed. I nthe short term, the stock market is more volatile but in the long term, the market trajectory is always towards an upward direction. Let me explain this volatility with an example of a large-cap equity mutual fund performance during Covid19: Case 1: If you had invested Rs 1 lakh in Kotak Bluechip Fund - Direct growth just one year ago in Nov 2019, then by March 2020 (within 4 months), you would have lost 33% of your investment value. Now, just imagine what would be your reaction? If you are someone who has no idea about how a mutual fund works, you would simply panic! You would think - “What a mistake I have made! Within 4 months, I have lost Rs 33,696. If I continue further, I might lose all my money. So let me exit from this fraud of mutual fund.” Well, I w

What are common mistakes made by first time house buyers?

Here are 7 rookie mistakes I’ve seen others make…I’ve bought and sold a number of homes now, and I watch these happen again and again. The 7 Mistakes! They Buy at the Top of their Range. Don’t you want to be able to go out, travel, have a decent car or be able to weather a job loss? Always buy *below* what you can afford. They Are Misled By Beauty. There is a reason people hire staging companies or do minor upgrades - it sells homes. Don’t let the beauty of the interior mask real problems of the house…it is far more important that a house functions for you or doesn’t flood, than whether you love that midcentury light fixture. They Shop in the “Hot Neighborhood.” You don’t want the hot neighborhood…you want the *next* hot neighborhood. You will pay at the top of market for the cool factor of now…but if you buy in the next place to pop, you’ll have equity for days. They Make “Emotional” Decisions. This is the biggest financial purchase of your life…make it with your head, and

What are the ten most important things about personal finance that someone without a finance background must know?

If you don't find a way to make money while you sleep, you will work until you die. Don't aim for job security. It would never happen. Aim for financial security. It is in your control and you can make it happen. Get rich books talk about mindset and habits of rich. What they don't tell you is you need money to make money. Often, the more you make the more money you spend; that’s why more money doesn’t make you rich – assets make you rich. Zero debt is the first and very important milestone in any individual's financial independence journey. Biggest Truth About Investing - "You need money to make more money. What leads most people into debt? Trying to catch up with people who are already there. If you’re happy to sit at your desk and not take any risk, you’ll be sitting at your desk for the next 25 years. Loan is what we see: House, car and social media photos of vacations. Wealth is what we don't see: Bank, shares and mutual fund balances. Loan mak

राकेश टिकैत के पिता कौन थे?

राकेश टिकैत के पिता महेन्द्र सिंह टिकैत थे । महेंद्र सिंह टिकैत का जन्म उत्तर प्रदेश के मुजफ्फरनगर जिले में हुआ था। महेंद्र सिंह टिकैत भारतीय किसान यूनियन के अध्यक्ष रह चुके हैं। 1986 में महेंद्र सिंह टिकैत ने ट्यूबवेल के बढ़े हुए बिजली दर को लेकर शामली में आंदोलन किया था। यह आंदोलन धीरे धीरे उग्र होता गया। इसी आंदोलन में पुलिस की गोलीबारी से एक किसान की मौत हो गई तब महेंद्र सिंह टिकैत का नाम राष्ट्रीय स्तर पर हो गया। तत्तकालीन मुख्यमंत्री वीर बहादुर सिंह ने खुद शामली जाकर किसानों के आंदोलन को संबोधित किया। टिकैत के नेतृत्व में कई आंदोलन हुए लेकिन एक आंदोलन ऐसा भी था, जिसे देख मौजूदा केंद्र सरकार तक कांप गई थी। 1988 के दौर की बात है नई दिल्ली वोट क्लब में 25 अक्तूबर, 1988 को बड़ी किसान पंचायत हुई। इस पंचायत में 14 राज्यों के किसान आए थे। करीब पांच लाख किसानों ने विजय चौक से लेकर इंडिया गेट तक कब्जा कर लिया था। टिकैत के बेबाक बोल- 1980 में हर्षद मेहता कांड की वजह से दिल्ली में सियासी घमासान मचा था। उसी समय महेंद्र सिंह टिकैत प्रधानमंत्री पीवी नरसिंह राव से मिलने दिल्ली गए। टिकैत ने सीधे

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