Day: January 22, 2024

Risk Parity Strategy – An Investor’s Safe Choice

In the diverse world of investment strategies, the Risk Parity Strategy stands out for its unique approach to balancing risk, offering investors a path to potentially more stable and consistent returns. As an experienced Forex trader and investor, I understand the intricacies of market volatility and the importance of a well-thought-out investment strategy. This detailed guide dives deep into the Risk Parity Strategy, explaining its workings, benefits, and why it is considered a safe choice for investors.

Introduction to Risk Parity Strategy

Risk Parity is a sophisticated investment philosophy that aims to achieve a balanced risk distribution across all components of a portfolio. Unlike traditional investment strategies that allocate funds based on market capitalization or expected returns, Risk Parity focuses on equalizing the risk contributed by each asset class – be it equities, bonds, commodities, or currencies.

Historical Background

Developed in the 1950s by Ray Dalio, the founder of Bridgewater Associates, the strategy was a response to the shortcomings of traditional portfolio management techniques that often led to an imbalance, heavily favoring high-risk assets.

Core Principle

At its core, Risk Parity seeks to equalize the risk contribution of each asset, avoiding overexposure to any single source of risk. This approach is based on the understanding that risk and return are not always proportionally related.

Implementing the Risk Parity Strategy

Risk Assessment

The first step is assessing the risk (often measured as volatility) associated with each asset class. This involves complex calculations and an understanding of market dynamics.

Capital Allocation

Based on risk assessment, capital is allocated in a way that each asset class contributes equally to the overall portfolio risk. This might result in a higher allocation to traditionally lower-risk assets like bonds.

Use of Leverage

Risk Parity often involves the use of leverage to enhance returns from low-risk assets. While leverage can increase gains, it also raises the overall risk profile and must be used judiciously.

Regular Rebalancing

Market conditions change, and so do asset risks. Regular rebalancing of the portfolio is essential to maintain the desired risk balance.

Advantages of Risk Parity

Diversification

Risk Parity provides a more balanced and effective diversification compared to traditional investment strategies, as it considers the risk profile of each asset.

Reduced Volatility

By balancing high- and low-risk assets, the strategy typically reduces overall portfolio volatility, especially in turbulent market conditions.

Stable Long-Term Returns

The strategy aims for stable and consistent returns over the long term, a key consideration for risk-averse investors.

Challenges and Considerations

Complexity

Risk Parity is more complex than traditional investment strategies, requiring sophisticated risk assessment and continuous portfolio management.

Interest Rate Fluctuations

The strategy’s reliance on bonds makes it susceptible to interest rate changes, which can impact bond prices and portfolio performance.

Expertise Requirement

Effective implementation often requires expertise in financial modeling and market analysis. Investors may benefit from professional advice or engaging in prop trading to manage a Risk Parity strategy effectively.

Risk Parity in Forex Trading

Applying Risk Parity in Forex trading involves balancing the risk across various currency pairs. This requires an understanding of currency volatility, correlations, and global economic factors.

The Evolving Landscape of Risk Parity

As financial markets evolve, so do investment strategies. Risk Parity continues to be refined with advancements in financial analytics and modeling. Its focus on risk management aligns with the growing emphasis on stability and sustainable growth in investment portfolios.

Conclusion

Risk Parity Strategy offers an innovative and balanced approach to investment, particularly appealing in uncertain and volatile market environments. Its focus on equalizing risk contributions across a diverse range of assets positions it as a safer choice for investors looking for stability and long-term growth. However, its complexity and the need for ongoing management and expertise, such as leveraging resources like prop trading, should not be underestimated. In the end, Risk Parity aligns with the cautious investor’s goal: achieving a harmonious balance between risk and reward in the quest for sustainable financial returns.

Social Audit Advisory Body (SAAB)

 The 1st meeting of the Social Audit Advisory Body (SAAB) was held on 18th January 2024 at conference hall, Dr Ambedkar International Centre, New Delhi. The Meeting was chaired by the Secretary, Department of Social Justice & Empowerment. This advisory body, a first of its kind, has been established to guide the Ministry in institutionalizing social audits for its various schemes.

Representatives from key ministries and academic institutions, including the Ministry of Health & Family Welfare, Department of Persons with Disabilities, Ministry of Women and Child Development, Department of Social Justice & Empowerment, Ministry of Rural Development, National Institute of Rural Development, Tata Institute of Social Sciences, Delhi School of Social Work and Indian Institute of Public Administration are members of this advisory body.

The meeting commenced with a welcome address by the Director of the National Institute of Social Defense (NISD). Ms. Pratima Gupta, Deputy Director General of the Statistic Division of DoSJE -cum – convener of SAAB presented an overview of social audits, emphasizing on the importance of this social accountability tool in promoting transparency and accountability.

The Joint Secretary and Financial Advisor, Mr. Sanjay Pandey shared insights into the journey of institutionalizing social audits within the department, underscoring the commitment to ensuring effective implementation.

The Secretary, Department of Social Justice & Empowerment in the keynote address, highlighted the transformative power of social audit processes in raising community awareness and amplifying the voices of citizens. He emphasized the pivotal role of social audits in bringing transparency and driving corrective actions based on valuable feedback from citizens.

The Department of Social Justice and Empowerment has taken a pioneering step by establishing the National Resource Cell for Social Audit (NRCSA) to ensure social audits through dedicated Social Audit Units at the state level. The NRCSA team presented the approach of social audit processes developed and implemented by the department and their significant impact on the schemes’ effective implementation.

Members of the SAAB provided valuable inputs to strengthen the social audit process and align it more closely with the principles of social justice. The Secretary-DoSJE commended the team for their dedicated work and new initiatives to social audits adopted and expressed his hope that the success of these social audits under DoSJE could also serve as a guiding example for other government departments.

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Parakram Diwas at Red Fort on 23rd January

 Prime Minister Shri Narendra Modi will participate in Parakram Diwas celebrations at Red Fort on 23rd January at 6:30 PM.

In line with the vision of the Prime Minister to take steps to duly honour the contribution of luminaries who played a significant role in the freedom struggle, the birth anniversary of Netaji Subhas Chandra Bose was started being celebrated as Parakram Diwas in 2021. The programme being held this year at Red Fort will be a multifaceted celebration seamlessly weaving together historical reflections and vibrant cultural expressions. The activities will delve into the profound legacy of Netaji Subhas Chandra Bose and the Azad Hind Fauj. Visitors will get an opportunity to engage with an immersive experience through exhibitions of archives, showcasing rare photographs and documents that chronicle the remarkable journey of Netaji and the Azad Hind Fauj. These celebrations will continue till 31st January.

During the programme, Prime Minister will also launch Bharat Parv, which will be held from 23rd to 31st January. It will showcase the country’s rich diversity with Republic Day Tableaux and cultural exhibits, featuring efforts of 26 Ministries and Departments, highlighting citizen centric initiatives, vocal for local, diverse tourist attractions, among others.  It will take place in the Ram Leela Maidan and Madhav Das Park in front of Red Fort.

 

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Pradhanmantri Suryodaya Yojana

 Immediately after his visit to Ayodhya on the auspicious occasion of consecration of  Suryawanshi Bhagwan Shri Ram, Prime Minister chaired a meeting to launch “Pradhanmantri Suryodaya Yojana” with the target of installing rooftop solar on 1 crore houses at his residence at Lok Kalyan Marg.

During the meeting, Prime Minister said that the power of the sun can be harnessed by every household with a roof to reduce their electricity bills and to make them truly aatmanirbhar for their electricity needs.

Pradhanmantri Suryodaya Yojana aims to provide electricity to low and middle-income individuals through solar rooftop installations, along with offering additional income for surplus electricity generation.

The Prime Minister also directed that a massive national campaign should be started to mobilize residential segment consumers to adopt rooftop solar in large numbers.

The Prime Minister, Shri Narendra Modi has announced ‘Pradhan Mantri Suryodaya Yojana’ under which 1 crore households will get rooftop solar. 

PM Modi said “today, on the auspicious occasion of the consecration of life in Ayodhya, my resolve has been further strengthened that the people of India should have their own solar roof top system on the roof of their houses.

The first decision I have taken after returning from Ayodhya is that our government will launch “Pradhanmantri Suryodaya Yojana” with the target of installing rooftop solar on 1 crore houses.

This will not only reduce the electricity bill of the poor and middle class, but will also make India self-reliant in the field of energy.”

The Prime Minister posted on X :

“सूर्यवंशी भगवान श्री राम के आलोक से विश्व के सभी भक्तगण सदैव ऊर्जा प्राप्त करते हैं।

आज अयोध्या में प्राण-प्रतिष्ठा के शुभ अवसर पर मेरा ये संकल्प और प्रशस्त हुआ कि भारतवासियों के घर की छत पर उनका अपना सोलर रूफ टॉप सिस्टम हो।

अयोध्या से लौटने के बाद मैंने पहला निर्णय लिया है कि हमारी सरकार 1 करोड़ घरों पर रूफटॉप सोलर लगाने के लक्ष्य के साथ “प्रधानमंत्री सूर्योदय योजना” प्रारंभ करेगी। 

इससे गरीब और मध्यम वर्ग का बिजली बिल तो कम होगा ही, साथ ही भारत ऊर्जा के क्षेत्र में आत्मनिर्भर भी बनेगा।”

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Navigating the Educational Landscape: A Tour of Diverse Learning Platforms

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<h1>Embark on a journey through an array of educational portals that cater to various facets of learning, research, and literary exploration in the digital age. Join us as we explore these platforms individually, each contributing uniquely to the wealth of knowledge available at our fingertips.</p><div class="separator" style="clear: both;text-align: center"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjestI42kejgV-Nd97VDDinfio3JQTw4K85fe3XW4s7i5GFoexgDZdKE4I0UbHU0fNHcMFarKs6-NJ24PZjOxF06rlR2uJz5NWKDfPnoWAyoMPHezfwAPsiS2WTcuRf2STi1r7VqGHvG2Gj92rrzcJFCNQeHHJp1fZiQJi1iYmBUeeOuXAOpdSMTk90NMQ/s600/education-portal1.jpg" style="margin-left: 1em;margin-right: 1em"><img border="0" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjestI42kejgV-Nd97VDDinfio3JQTw4K85fe3XW4s7i5GFoexgDZdKE4I0UbHU0fNHcMFarKs6-NJ24PZjOxF06rlR2uJz5NWKDfPnoWAyoMPHezfwAPsiS2WTcuRf2STi1r7VqGHvG2Gj92rrzcJFCNQeHHJp1fZiQJi1iYmBUeeOuXAOpdSMTk90NMQ/w640-h426/education-portal1.jpg" width="640" /></a></div><br /><p>

Eduindex (https://eduindex.org/):
Eduindex serves as a comprehensive educational hub, offering a vast array of academic articles and research papers. This platform is a valuable resource for learners and scholars seeking insights and resources across diverse topics.

International Journal of Research (http://internationaljournalofresearch.com/):
For those engaged in scholarly pursuits, the International Journal of Research stands as a distinguished platform. It provides a global space for academicians and researchers to publish their findings and foster knowledge exchange.

Pen2Print (http://www.pen2print.org/):
Venturing into the world of literary expression, Pen2Print is a versatile platform for authors and writers. Specializing in both print and digital publications, this site encourages creativity and the sharing of literary works.

Edupedia Publications (http://edupediapublications.org/):
Edupedia Publications takes us into the realm of academic publishing, acting as a bridge between researchers and readers. This platform is dedicated to the dissemination of scholarly content and contributing to academic discourse.

International Journal of Research (http://internationaljournalofresearch.org/):
Returning to the International Journal of Research, we delve deeper into its commitment to academic excellence, facilitating high-quality research across various fields of study.

Track2Training (http://track2training.com/ and http://track2training.org/):
Moving into the arena of skill development and training, Track2Training serves as a valuable resource with dual online presences. It offers courses, insights, and opportunities for personal and professional growth.

Edupedia Publications (http://edupediapublications.com/):
Edupedia Publications, with its additional domain, reinforces its dedication to scholarly communication, facilitating the exchange of knowledge through various channels.

Sahitya Samhita (http://sahityasamhita.org/):
Transitioning into the world of literature, Sahitya Samhita celebrates creativity. This platform provides a space for writers and enthusiasts to explore and showcase their literary prowess.

EduPub (www.edupub.org):
Our journey concludes with EduPub, a multifaceted platform encompassing education and publishing. EduPub contributes to the educational landscape by offering a broad range of resources and services.

In this interconnected digital era, these educational portals stand as pillars of knowledge, collectively contributing to the growth and enlightenment of individuals worldwide. Whether you are a student, researcher, writer, or enthusiast, these platforms offer a wealth of resources to explore, enhancing your understanding of the vast world of academia.

Exploring a Diverse Spectrum of Knowledge: A Journey through Educational Portals

 In the digital age, where information is at our fingertips, educational websites play a pivotal role in disseminating knowledge to a global audience. Join us on a journey through a diverse spectrum of educational portals that cater to various aspects of academia, research, and literary exploration.


  1. Eduindex (https://eduindex.org/):
    Kicking off our exploration, Eduindex stands as a comprehensive educational hub covering a wide array of topics. From academic articles to research papers, this site is a treasure trove for learners and scholars alike, providing valuable insights and resources.

  2. International Journal of Research (http://internationaljournalofresearch.com/):
    For those engaged in scholarly pursuits, the International Journal of Research serves as an esteemed platform. It offers a space for academicians and researchers to publish their findings, fostering the exchange of knowledge on a global scale.

  3. Pen2Print (http://www.pen2print.org/):
    As we venture further, Pen2Print emerges as a versatile platform for authors and writers. Specializing in print and digital publications, this site facilitates the dissemination of literary works, encouraging creativity and expression.

  4. Edupedia Publications (http://edupediapublications.org/):
    Edupedia Publications takes us into the world of academic publishing. Aiming to bridge the gap between researchers and readers, this platform provides an avenue for sharing scholarly content and contributing to the academic discourse.

  5. International Journal of Research (http://internationaljournalofresearch.org/):
    Returning to the International Journal of Research, we delve deeper into its commitment to advancing academic excellence. By promoting high-quality research, this platform contributes significantly to the growth and development of various fields of study.

  6. Track2Training (http://track2training.com/ and http://track2training.org/):
    Moving into the realm of skill development and training, Track2Training serves as a valuable resource. With a dual online presence, it caters to both domains, offering courses, insights, and opportunities for personal and professional growth.

  7. Edupedia Publications (http://edupediapublications.com/):
    Edupedia Publications, with its additional domain, reinforces its commitment to fostering scholarly communication. This dual presence highlights its dedication to facilitating the exchange of knowledge through various channels.

  8. Sahitya Samhita (http://sahityasamhita.org/):
    Transitioning to the world of literature, Sahitya Samhita emerges as a platform dedicated to the literary arts. This site celebrates creativity, providing a space for writers and enthusiasts to explore and showcase their literary prowess.

  9. EduPub (www.edupub.org):
    Our journey concludes with EduPub, a multifaceted platform encompassing education and publishing. With a broad scope, EduPub contributes to the educational landscape by offering a range of resources and services.

In this interconnected digital era, these educational portals stand as beacons of knowledge, each contributing uniquely to the collective growth and enlightenment of individuals across the globe. Whether you are a student, researcher, writer, or enthusiast, these platforms offer a wealth of resources to explore and enhance your understanding of the vast world of academia.

Features for Contextualised Continuing Professional Development of Nurses in Military Healthcare

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<div style="text-align: left"><span class="creatibutor-name" style="display: inline;text-decoration: none">Authors</span></div><b><i>N., Chengalroyen<br />Wyk, Neltjie Van<br />Leech, Ronell</i></b><div><b><i><br /></i></b></div><div><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">Published by </span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">EDUPUB</span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA"><a href="http://www.edupub.org/" style="color: purple">www.edupub.org</a></span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span style="background-color: white;color: #222222;font-family: Arial, Helvetica, sans-serif;font-size: small;text-align: start">Book Name : </span><b style="color: #222222;font-family: Arial, Helvetica, sans-serif;text-align: start">Features for Contextualised Continuing Professional Development of Nurses in Military Healthcare</b><br style="color: #222222;font-family: Arial, Helvetica, sans-serif;text-align: start" /><span style="background-color: white;color: #222222;font-family: Arial, Helvetica, sans-serif;font-size: small;text-align: start">ISBN Number : </span><b style="color: #222222;font-family: Arial, Helvetica, sans-serif;text-align: start">978-93-92585-80-7 (print)</b></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA"> </span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">ISBN: 9798877015180 (eBook)</span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">DOI: https://doi.org/</span><span lang="EN-ZA"> </span><span lang="EN-ZA">10.5281/zenodo.10547947</span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">Edition: 1</span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><span lang="EN-ZA">Format: eBook </span></p><p align="center" class="MsoNormal" style="font-family: Calibri, sans-serif;font-size: 11pt;line-height: normal;margin: 0cm;text-align: center"><b><span lang="EN-GB"> </span></b></p><div class="separator" style="clear: both;text-align: center"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCuh3dVo69ZngDP8V07T3p33Clalbr51G3VfKFDKJ2TF06epPrBLy4cKbNwVE1bwTfulC0uFmk0RG4WONjOWtRmaYKJGNCrQUA1HqpuIvlSq1oFVny7lBBTqSxE8O0zR3hhLj65aF-AGsJB5Crz2PSH583IkdLv_FZaqpb6bF9w8mUG9iT50eoFhjdKdWB/s1371/Book%20cover%20pic.jpg" style="margin-left: 1em;margin-right: 1em"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCuh3dVo69ZngDP8V07T3p33Clalbr51G3VfKFDKJ2TF06epPrBLy4cKbNwVE1bwTfulC0uFmk0RG4WONjOWtRmaYKJGNCrQUA1HqpuIvlSq1oFVny7lBBTqSxE8O0zR3hhLj65aF-AGsJB5Crz2PSH583IkdLv_FZaqpb6bF9w8mUG9iT50eoFhjdKdWB/s320/Book%20cover%20pic.jpg" width="252" /></a></b></div><b><br /></b><p></p><div><section aria-label="Record description" class="rel-mt-2 rich-input-content" id="description" style="margin-top: 2em"><h2 class="sr-only" id="description-heading">Description</h2><div><p style="line-height: 1.4285em;margin: 0px 0px 1em"></p><p style="line-height: 1.4285em;margin: 0px 0px 1em"><strong>Aim: </strong><span>The study developed features for contextualized professional development for nurses in military healthcare. </span></p><p style="line-height: 1.4285em;margin: 0px 0px 1em"><strong>Background: </strong><span>Unique challenges are experienced in healthcare for military staff and families that necessitates the contextualized professional development of nurses. </span></p><p style="line-height: 1.4285em;margin: 0px 0px 1em"><strong>Methods: </strong><span>A qualitative study through focus group discussions involving 12 clinical preceptors of a military hospital clinical education and training unit was done to develop features for contextualized professional development based on the Donabedien Structure-Process-Outcome Model.  </span></p><p style="line-height: 1.4285em;margin: 0px 0px 1em"><strong>Findings: </strong><span>Refined and contextualized features for continuing professional development based on best evidence from recent peer refereed publications obtained through an integrative literature review are presented. It addresses the optimal enablement of nurses during routine and pandemic care as the study was conducted during the COVID-19 pandemic.</span></p><p style="line-height: 1.4285em;margin: 0px 0px 1em"><strong>Conclusions:</strong> <span>The features for contextualized continuing professional development based on the </span><span>Donabedien Structure-Process-Outcome Model may be used to enable nurses in military healthcare to render evidence-based care. Formal and informal teaching and learning should be combined.</span></p><p style="line-height: 1.4285em;margin: 0px"></p></div></section><section aria-label="Files" class="rel-mt-2 rel-mb-3" id="record-files" style="margin-bottom: 3em;margin-top: 2em"><a href="https://zenodo.org/records/10548050" target="_blank">LINK to DOWNLOAD eBOOK</a> </section></div>