Equity mutual funds basically are ones which primarily invests in stocks. He basically invests in a basket of stocks and can get benefit of the bunch of stocks and diversify his investment rather than buying a single individual stock and having a concentrated approach. These equity funds invest directly into stocks and give highest rate of return but the risk involved is also higher.
Insurance is something which people buy to protect themselves from losing money. In return, a person gets money if something happens to his insured thing or insured person. Mainly, there are 3 types of insurance.
What is currency? Why does value of currency change? Read what makes currency strong and benefits of strong and weak currency, how to know the strength of currency.
Balance sheet shows state of company’s financial health. It means, what company is owning, and what company is owing. What company owns is asset and what company owes is liability.
What is investment? Investment means invest your money in owning an asset or item which will generate income in future by increase in value of asset or item. We have lot of options to invest our money.
