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Tag: invest

Should I invest my emergency savings in the stock market?

Should I invest my emergency savings in the stock market?

Finance
Money guide for MillennialsHow much of your emergency savings should be held in a savings account instead of the stock market or other account that has higher returns with various risks?-- Mary There's no question you should always have some money tucked away for emergencies. Most financial advisers recommend keeping three to six months' worth of expenses for emergencies, but where's the best place to keep the money? Experts usually recommend a plain-vanilla savings account.But in a low interest environment, it can be frustrating to watch your money earning nothing. Here are some ways you can get a better return on your money without taking on too much risk. Online savings accounts If you're a super saver, you may not be satisfied with the .01% interest your local bank offers you. Instead...
How do I know what to invest in?

How do I know what to invest in?

Finance
Money guide for MillennialsYou're not the only one feeling overwhelmed by the tens of thousands of stocks, bonds, mutual funds and exchange-traded funds out there. A lot of young people who are new to the investing game feel so intimidated by all the choices, that they shy away from investing altogether. But avoiding your 401(k), or keeping all your money in a savings account can cost you in the long run. Just by following a few simple steps, you'll be earning returns like the pros (or better). Step 1. Start with retirement accounts Your company 401(k) plan is a good entry point. Financial planners advise you stash away at least 10% of every paycheck for retirement. It may not sound like a lot, but the magic of compounding will surprise you. "If a young professional, say she is 25, earn...
KKR to invest $200 million for 49% in Radiant Life Care

KKR to invest $200 million for 49% in Radiant Life Care

Finance
MUMBAI: KKR, one of the largest PE investors in the world, signed a definitive agreement on Monday to invest $ 200 million for a 49% stake in Radiant Life Care. ET was the first to report the deal on June 2. Radiant Life Care, which runs two hospitals in New Delhi and Mumbai, is looking at consolidating the fragmented industry through acquisitions. KKR had earlier lent Rs 450 crore to the company. "KKR’s investment in Radiant continues the firm’s partnership, as it has previously extended financing to Radiant to support the company’s growth. KKR makes the proposed investment from its KKR Asian Fund III," the fund said in a release. "KKR has more than two decades of experience in investing and working alongside healthcare companies. With their expertise, we look forward to expand our b
Mark Cuban, who just called bitcoin a bubble, says he plans to invest in another digital coin

Mark Cuban, who just called bitcoin a bubble, says he plans to invest in another digital coin

Finance
Bitcoin skeptic Mark Cuban is looking to take part in one of the hottest trends in the digital currency world right now: the initial coin offering. One of the companies Cuban is invested in, Unikrn, is planning its own offering, and digital currency news site CoinDesk said Thursday that the billionaire entrepreneur intends to participate.Cuban confirmed the report in an email to CNBC. "I want to learn more about them," he said.I "haven't signed the paperwork yet. But it's likely it will happen," he added. An initial coin offering is a fundraising process for blockchain-based projects that allows investors to own part of a project through a digital network token. Start-ups in the blockchain world often find this method of fundraising more attractive than venture capital funding for the spee...