Financial Freedom

          Financial freedom is the state of life without financial difficulties.It can be achieved through the disciplined personal finance approach. However,the below things must be part of your life for achieving financial freedom.    1.Manage your time.             Learn to manage your time.It is precious than all other assets.Achieving financial freedom is easy if you  follow time management principles.Often,unncessary things steal your major portion of time.Are you aware about it? Please do self analysis to examine your routine.Reduce  time for watching television serials and divert it towards creative things.             Your goals and priorities are important for reaching financial freedom.For an example,if you want to become a singer,join a music course and practice it daily.A career aspirant can spend more time for language improvement and developing communication skills.Means,your time should be utilised to fulfill your life dreams.   2.Fix your Priorities.    

        Commercial property investments are always complicated than buying residential properties. So,you have to act like a professional.Metros give more liquidity to sell property fast.But,Price may be too high.Small towns may not develop fast with infrastructure facilities.So,how we will  invest? Follow the below tips:  1.Invest with long term viewpoint.Beware of short term down fall in value due to unexpected reasons.     Never put all of your money in any property.  2. Find out developing areas with huge potential to be 'the future city'.Foresight brings returns.      Update with  latest information about upcoming projects.Always,Think beyond  the common buyers.  3.Buy in recession period to get discounted price.Don't be panic with recession.It will not last more than certain period. Keep good relation with real estate players and developers.This will broaden your knowledge  4.Investigate about the nature and market price of different propertie

                     Indian Financial market   have witnessed tremendous growth after establishing nation wide electronic trading in 1992 by National stock exchange.After that,Bombay Stock exchange,Oldest stock exchange in Asia, also moved from open outcry floor based trading to an automated screen based trading. Establishment of Multi commodity exchange in 2003 changed the way of commodity trading too.         Now,an investor can easily trade using a desktop or mobile terminal with an internet connection.Rising number of investors and market participants,provide lot of career opportunities for the skilled persons. A career aspirant should obtain required skills sets to choose a role in Equity,commodity or currency markets.      Like RBI regulates banking sector, Indian stock market is monitored by Securities and Exchange Board of India.Under the supervision of SEBI, Two major stock exchanges named BSE and NSE have lot of  intermediaries like stock broking firms,Mutual f

         P reperation of Personal finance Portfolio is the basic step  for achieving financial freedom.This is not similar for everybody.Risk taking attitude and  financial capacity determines the nature of your portfolio.Low Risky People with less income can opt  Low Risky and Capital Presrvation Portfolio.If you are not interested in risky assets, your Low Risky Portfolio can be made by following things:        1.Emergency fund        2.Savings account        3.Fixed Deposits        4.Government and Corporate bonds        5.Liquid fund  ETFs        6..Public Providend fund        7.Life and general Insurance        8.Pension plan            Emergency fund is common for all and mainly used for meeting unexpected income fall of a person.This may be due to loss of employment ,unexpected costs or business failure .Life and Health insurance protection is  required to prevent financial loss to the family by death or critical illness of an income earning person .So,Portfolio changes can

       An Exchange traded fund (ETF) is an investment fund traded on stock exchanges. Most of the ETFs are index based.This concept launched at USA in 1989 in the form of index funds.But,now ETFs are also available with commodity,currency and bonds.                  India's first ETF Niftybees listed on National stock exchange in 2002.This is based on Nifty 50 index. Now,Sector index based ETFs ,Gold ETFs and Liquid fund ETFs are also popular in Indian stock market. Prices of Exchange traded funds are  liquid and transparent like stocks.It provides diversification like a mutual fund and real time price and intraday trading opportunity as in a share. An Investors can hold it in demat account.There is zero long term Capital gain tax.        Unit price of Gold ETFs represent the one gram price of gold .Investor can  gain from rising gold price and avoid the expenses such as making charges.He can also save the cost of securities transaction tax and wealth tax. Major ETFS in I

   Why United states still suffer from 2009 recession?     Is it because of Sub prime crisis,collapse of banks or fall in real estate prices?     I think, the basic reason is lack of discipline in personal finance due to  rising debt levels.     Recently,this is a common problem all over the world.     Debt products are making a trap for individuals and organisations.     It may be of your credit cards,auto loan,home loan ,personal loan or any other debt product.     Debt management act as corner stone for attaining financial freedom in life. Apply the following 10 step plan for your personal debt management:   1. Assess your debt level and categorise it as high interest paying or high amount debts.   2.Try to change the High interest debt towards Low interest options.   3.Make a ready reference file of your debts for reducing it step by step. 4.Create an emergency fund from any source like friends or well wishers to payoff urgent debt.      5.Start to payoff small debts fir

    Now,Things are changed.No need to worry about volatility in stock market and world recession.Metals are stll continuing the growth trend.       Examine the movement of Gold,Silver,Steel etc over the last decade.      The Uptrend is only because of shortage of metals and huge mining cost.       In this scenario, people can add metals in their portfolio by Electronic metals  from National Spot Exchange.National Spot Exchange offers the products such as  E-Gold ,E-Silver, E-Copper, E-Zinc, E-Lead, E-Nickel and E-Platinum.       Gold and platinum is traded at 1 gram and silver at 100 grams per unit.       Minimum size of other metals are 1 kg per unit.       Any body can buy and hold  E-Metals with their demat account.       As we know, Diversification of Portfolio is very important for wise investing.       So,E-Metals will be a good option for Retail Investors.        Another chance for systematic investment planning like doing in mutual funds or ETFs.       E-Metals Price