Investment Archives - Page 23 of 35

Lance Armstrong says his investment in Uber ‘saved our family’

December 7, 2018 Loknath DasArmstrong, Family, His, In, investment, Lance, Our, saved, Says, Uber

Lance Armstrong on escaping a $100 million lawsuit and Uber 19 Hours Ago | 04:11 After Lance Armstrong’s fall from grace cost him millions of dollars in lost endorsements and lawsuit settlements, one thing kept him on his feet: his investment in Uber. “It’s saved our family,” Armstrong told CNBC’s Andrew Sorkin in an interview aired on Thursday. In 2009, the former pro cyclist invested $100,000 in Chris Sacca’s nascent venture capital firm, Lowercase Capital. Armstrong said the bulk of the money went to Uber, which at the time was…

Here’s why you should choose SIP over lump sum when investing in ELSS

December 4, 2018 Loknath Daschoose, ELSS, Here's, In, Investing, lump, Over, Should, Sip, sum, When, Why, You

Archit Gupta ELSS funds are an efficient instrument to save tax and build wealth at the same time. ELSS is an equity mutual fund which allocates most of your invested capital in stocks of companies across industries and sizes. These funds come with a lock-in period of three years. It means you cannot redeem your fund units for three years from the date of allotment. It is one of the investment avenues available under Section 80C of the Income Tax Act which qualifies for availing a tax exemption of up…

Your Home Is Not An Investment

November 30, 2018 Loknath Dasan, Home, investment, Is, Not, Your

New Orleans, USA – April 22, 2018: Old Dauphine street historic district in Louisiana famous town, city, purple painted house wall colorful entrance, building nobodyGetty We are incredibly lucky. We bought our first home in December 2012 for $163,500 and sold it in July of 2016 for $232,000. In 42 months, our home appreciated by $68,500, an increase of nearly 42% in three and a half years. Our home went up by nearly 12% annually, and despite this, our home was not a good “investment.” To be clear: I am…

The 10 Things You Should Cover in Every Investment Pitch (Infographic)

November 11, 2018 Loknath Das(Infographic), 10', Cover, Every, In, investment, Pitch, Should, The, Things, You

If you’ve ever watched Entrepreneur’s original series, Elevator Pitch, then you’ve probably seen smart founders make dumb mistakes while pitching their ideas to potential investors. They might flub an answer or get tongue-tied, or they might just be a little boring. Other times, you might notice that something seemed off about a pitch, but you can’t quite put your finger on why. Investors are gambling every time they put money into a new project or idea. Your job when pitching is to prove to them that you’re worth the risk.…

Investment planning: Why you need to look at recurring deposits

October 31, 2018 Loknath Dasat, Deposits, investment, look, Need, Planning, recurring, to, Why, You

Recurring deposit (RD) is a form of term deposit offered by banks and post offices through which a fixed amount can be deposited periodically by individuals. This is one of the highly popular and risk free investment opportunities for retail investors. Let us discuss below why one should invest in recurring deposits and factors to be considered while opening the same. Advantages All major banks across the country offer an option to open a recurring deposit account, with the term typically ranging between six months and 10 years, providing individuals…

India tops as Asia’s most investment savvy economy: StanChart

October 30, 2018 Loknath DasAs, Asia’s, economy, India, investment, Most, savvy, StanChart, Tops

India is Asia’s most investment savvy economy and more than two-thirds of the country’s affluent class prefer to use various investment products to achieve their financial goals and greater social mobility, says a study. According to a new Standard Chartered study of 11,000 emerging affluent consumers across Asia, Africa and the Middle East, 68% of Indian people belonging to this segment are using investment products to achieve their financial goals, as compared to an average figure of 57%. For the purposes of this study ‘investment products’ refers to fixed income…