Money Management

What a shame! India ranks lowest in basic money mgmt skills

India with 59 index points was ranked at the 15th place among the 16 countries surveyed ahead of Japan which was at the bottom with 57 index points.<br /><br />

Market meltdown: Diversification is key to beat slump

Diversification is a risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio of different kinds of investments will, on average, yield optimally desired returns while lowering a risk that is posed by any individual investment found within the portfolio.