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Invest Like a Millionaire,Read how!

Capgemini’s report found that millionaires under 40 are likely to be more conservative in the way they manage their investments, holding a larger portion of their assets in cash and alternative asset classes (such as real estate or businesses) than in traditional portfolios.Their research also finds that younger investors hold more in fixed income investments, real estate and non-traditional asset classes, compared to older investors, who take larger positions in equities and cash holdings.

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Vijay Mallya arrested and gets bail!

Vijay Mallya, the boss of the now defunct Kingfisher Airlines, was arrested by Scotland Yard in London days after India requested Britain to extradite the ‘international businessman’. The liquor baron was arrested at about 9.30 am London local time and was taken to Westminster court. British authorities have informed the Central Bureau of Investigation (CBI) about Mallya’s arrest.

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