#MoneyArth

Too often, traders jump into the options game with little or no understanding of how many options strategies are available to limit their risk and maximize return. With a little bit of effort, however, traders can learn how to take advantage of the flexibility and full power of options as a trading vehicle. With this in mind, we've put together this article, which we hope will shorten the learning curve and point you in the right direction. 1. Covered Call Aside from purchasing a naked call option, you can also engage in a basic covered call or buy-write strategy. In this strategy, you would purchase the assets outright, and simultaneously write (or sell) a call option on those same assets. Your volume of assets owned should be equivalent to the number of assets underlying the call option. Investors will often use this position when they have a short-term position and a neutral opinion on the assets, and are looking to generate additional p...

Go to  https://resident.uidai.gov.in/web/resident/verify-email-mobile Step 1:  Enter  Aadhaar  number, mobile number and security code; then click on ‘Get one-time password (OTP)’ Step 2:  If your mobile is linked, you will receive an OTP. Enter it and verify your mobile number Step 3:  If it is not linked, you will get a message: “Your mobile is not enrolled in our records” To link mobile number with Aadhaar Step 1:  Download  Aadhaar  update/ correction form from the UIDAI website or get it at the nearest  Aadhaar  centre Step 2:  Along with filled form, submit a copy of your  Aadhaar  card and a photo identification document ( PAN  card, passport, voter ID, etc) Step 3:  Your biometrics (thumb impression) will be verified Step 4:  You will be given an acknowledgement slip. Linking happens within 10 days Step 5:  At the telecom service provider’s store, give your  Aa...

Financial rules are generic in nature and may not apply in all conditions. Take the rules and adapt them to your particular situation to get the best out of your money There are rules prescribed to help you save, invest and reach your financial goals. But even the most diligent find it difficult to always live by the rules. More often than not this is because there isn't any one-size-fits-all solution to financial problems. Here is a list of rules that you could rewrite when warranted. Doing so may actually help rather than hinder you on your financial path. Pay off debt Debt versus investments: Sometimes a singular focus on debt to the exclusion of all other financial needs may do you more harm than good. A better route would be to assess your specific financial situation and prioritize. For example, if you are a single-income family then an emergency fund is a primary protection need. If you are self-employed, then saving for retirement is very important. Build a plan...

You can easily link your Aadhaar to your Mutual Fund investments online. Please visit the four Registrar and Transfer Agents (RTA) website listed below and complete the 2-minute process and you are done: CAMS Karvy Franklin Sundaram

Here are some important points to keep in mind while choosing an insurance policy The premium paid towards life insurance also come under Section 80C. Life insurance policies come in many forms. But the best is term insurance. Term insurance provides you a large cover at low premiums. Term insurance is different from endowment and unit linked policies (ULIPs). Endowment and unit linked policies are also savings plans and the premiums paid towards them are accumulated over time. In case of ULIPs, the premiums are invested in the stock market. On the other hand, while term insurance provides a large cover, you don't get your premiums back. This makes many investors think that endowment policies and ULIPs are better than term plans. That's not the case though. The primary function of insurance is to provide protection. The insurance products that double up as investments fail to provide both - the insurance cover is inadequate and the investment returns are disappointing...

Here is some useful market wisdom from some key names in the Indian mutual fund industry Tired of reading investment quotes from Warren Buffett, John Templeton, Peter Lynch and other global gurus? Well, while these global greats do offer timeless wisdom to stock market investors, we decided to present some distilled wisdom from our desi Buffetts and Lynches that are more apt for the Indian scenario. Here are some key investing nuggets that were our major take away from the 2017 fund manager profiles that we ran through the year (the quotes are paraphrased). They are worth reiterating because these are seasoned managers who have survived many market cycles and came out winners. In equities, patience is more important than intelligence Prashant Jain , CIO, HDFC Mutual Fund When we met up with Prashant Jain in January, HDFC Mutual Fund's schemes had just made a strong comeback from a spell of underperformance. Asked how he coped with the pressure when his funds la...

'Investment is most intelligent when it is most businesslike. I should add that it is most successful when it is most businesslike' 'More than 50 years ago, Charlie told me that it was far better to buy a wonderful business at a fair price than to buy a fair business at a wonderful price. Despite the compelling logic of his position, I have sometimes reverted to my old habit of bargain hunting, with results ranging from tolerable to terrible. Fortunately, my mistakes have usually occurred when I made smaller purchases. Our large acquisitions have generally worked out well and, in a few cases, more than well.' - Warren Buffett wrote in Berkshire Hathaway's Annual Letter, 2012. One of the most important factors while picking stocks is to look at the quality of the business. It's not enough for a stock to be backed by a big name investor or be an upcoming IPO. When investing your hard earned money, it pays to remember the wise words of Buffett's mentor, ...