Adeer, economists use the word "cost of capital". You should safeguard your investments against inflatory pressure; Nominal. Interest rates/cost of capital are in theory meant to seal the holes of inflation.Jasmine6 wrote:Nah it was not an IPO, I am not that brave yet.
About the Halal thing adeer are you saying that you would be comfortable investing in a mutual fund that has casino shares or shares in an alcoholic beverages company? That's what I mean about there being a line. And with the interest issue, the only time I would go out of my way to get into that is if I was taking a loan or using the interest to pay a loan or beat inflation, I just can't get myself to go out of my way to make interest. It feels wrong.
As regards Halal again; there is nothing as xaaram as so called halaal money on the global market place. It is nonsense ; sorry about my language. It is those that do not know how the financial system works that blv in such a thing.
The best you can do is to invest in so called ethical funds; no weapons, no alcohol, no child labour, no gambling. The yield is little though.
Sell the shares and declare the loses in your income declaration. It is a win-win