Read this article in Hindi to learn about the five main features of a good investment programme. The features are: 1. Safety of Capital 2. Liquidity 3. Regular and Stable Income 4. Hedge against Inflation 5. Legality. Feature # 1. पूंजी की सुरक्षा (Safety of Capital): प्रत्येक निवेशक का उद्देश्य न्यूनतम जोखिम अधिकतम प्रत्याय के साथ-साथ पूंजी की सुरक्षा को [...]
Read this article in Hindi to learn about the process and procedure of investment to be followed in an organisation. The steps are: 1. Framing of Investment Policy 2. Security Analysis 3. Investment Valuation 4. Construction of Portfolio 5. Evaluation of Portfolio. Step # 1. विनियोग नीति का निर्माण (Framing of Investment Policy): निवेश प्रक्रिया की यह प्रथम अवस्था है [...]
Portfolio theories guide the investors to select securities that will maximize returns and minimize risk. These theories can be classified into different categories as depicted in figure 6.1. I. Traditional Approach: 1. Dow Theory: Charles Dow, the editor of Wall Street Journal, USA, presented this theory through a series of editorials. Dow formulated a hypothesis that the stock market does [...]