I like the new Money Control portfolio manager which is based on AJAX. The interface is sleek and responsive. The Fund Allocation Charts are informative. One of the features that I decided to try out is the Risk capacity and Risk tolerance assessment. They have provided a quiz based upon which your Risk Tolerance and Risk Capacity is Calculated.
The tool came up with the results for me as person with a Moderate Risk Tolerence and High Risk Capacity. According to this article,
"Risk tolerance is the amount of risk you WANT to take.
Risk capacity, is the amount of risk you NEED to take.".
Which means that, I can look for higher risk :). And guess what, I am acutally doing that :)
The tool recommended me a portfolio of 48% equity and 52 % debt, while, as of now, My portfolio consists of 66% equity and 34 % debt (NSC's bought in my first year of job when I had no clue of investing, making money grow, work for you).
The sensex surged 800 points today, and I regret that the orders that I placed early morning did not get triggered [:(].
The tool came up with the results for me as person with a Moderate Risk Tolerence and High Risk Capacity. According to this article,
"Risk tolerance is the amount of risk you WANT to take.
Risk capacity, is the amount of risk you NEED to take.".
Which means that, I can look for higher risk :). And guess what, I am acutally doing that :)
The tool recommended me a portfolio of 48% equity and 52 % debt, while, as of now, My portfolio consists of 66% equity and 34 % debt (NSC's bought in my first year of job when I had no clue of investing, making money grow, work for you).
The sensex surged 800 points today, and I regret that the orders that I placed early morning did not get triggered [:(].
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