KSE index declines to five-month low

The Karachi Stock Exchange’s (KSE) benchmark 100 Index fell by another 21 points to five-month low on Thursday, mainly on speculative selling in select energy and banking stocks, as investors remained concerned over the rift among the state institutions, dealers said.

Lacklustre attitude of investors from all walks of lives kept the market ranged-bound with thin turnover, they added. The benchmark KSE-100 Index fell by 21.37 points, or 0.20 percent, to 10,909.12 points. The index remained locked in the red zone throughout the session. At a point, it fell by around 90 points to a low of 10,841 points.

Tips for Investing

Many people want to take advantage of the opportunity to invest as a way to supplement their income, but few people have the knowledge or the time to monitor stocks and they are reluctant to pay the high fees associated with full-service brokers.

As well, most people know that a diversified portfolio is the best-performing portfolio, but few people have the huge capital it takes to properly diversify a portfolio made up only of stocks.

One option for those people is to purchase mutual funds.

Investing for all stages of life

“Even if you’re on the right track, “you’ll get run over if you just sit there”, said cowboy humorist Will Rogers. As an investor, you want to make progress. To succeed, you need to know:

1. Where you are headed, and;

2. What’s the best way to get ahead?

Your answers will change accordingly. It is true that nothing is constant in finance. The stock market moves up and down, interest rates rise and fall, mutual fund portfolio managers come and go. Most predictably, you get older. The right portfolio of investments when you’re 25 won’t be the right portfolio when you’re 45 with kids in college, or 65 and ready to retire.

Investing: The Art Of Making Your Money Work For You

There is a lot to know about investing. It all depends on what type of investing you are interested in as well. There are many different types of investment options out there. So what is investing, specifically?