RICH INVESTING iDEAS

  Insurance is the fundamental of the economy While choosing insurance plans as an investment, we are doing the wrong approach on Personal Finance and really miss the meaning of Financial protection. The family which depends on the income of the individual is required to ensure insurance for that particular earning person.  If the individual dies in an unforeseen circumstance, the sum assured will help the financially distressed family. Just as saving is good for a country, so too is insurance the absolute protection of a country. It is seen as a duty not only to the dependent family but also to the nation through protecting by insurance. This will reduce the financial burden on the state. The family is also moving towards economic self-sufficiency. Instead of simply working, earning a living and spending on impulsive buying, it is essential to take action such as saving on income, buying insurance in the event of unforeseen. There is no alternative to a people of a country becoming se

Four things to avoid while valuing a Stock There are two ways to value a stock before buying in the Equity Market. The basic method is Fundamental Analysis and the another one is Technical Analysis. Fundamental analysis is the study of the business of a company with some financial parameters. On the other hand, the Technical analysis is the study of the past prices of a stock. Those who engage in the Equity Market will use either of the above as a Tool. Whichever way you analyze, you need to avoid the four things that are going to be said. Otherwise, your investment or trade would go wrong. Don't love the Stock always Don't like your idea on Stock Avoid Herd Mentality on buying stocks Don't compromise with Stock vs Valuation Valuation is always important even it would go wrong. Great growth companies can be bad investments, if you pick it in the wrong price. Kindly share your views / comments with a smile :) www.richinvestingideas.com

Should you buy Finolex Cables ? Fundamental Analysis Finolex is a Company founded in the year 1958 by the Chhabria Brothers. Initially setting up a Small shop for selling the Electrical Cables, then moved to Manufacturing for Industrial Cables. They started their industrial unit to manufacture PVC insulated cables especially for the Automobile sector. On the rapid growth, the company went for the expansion and modernization in its segment. Finolex Industries Limited (FIL) was established in 1981 to manufacture Rigid PVC pipes and fittings for the Agriculture sector. In 1983, Finolex Cables were transformed into Public listed Company. The Company went in collaboration with the World's best companies in the field, it has expanded it's business to include Jelly Filled Telephone Cables, Optical Fibre and Copper Rod. Finolex has been a leading Manufacturer of Optical Fibre, Fibre Glass, Lighting and Electrical Switches Since 2000. In 2011, the company entered into a joint venture wi