Friday, July 21, 2006

Couple of tips on personal finance!!

Couple of tips on personal finance:

(i) If you are buying a property - Make sure that you have taken Mortgage for not more than 30% of your salary.

(ii) If you are planning to invest in stocks - use this calculation for a percentage of investment: Subtract your age from the 100. The remaining is the percentage you should use.

(iii) Do not invest more than 10% of your stock in your employer's company!

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