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Finance

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Investing in a business is an incredibly big decision. Before you sink money into something, make sure that it’s what you really want to do. In order to be fully prepared for your investment, ask yourself these questions: Questions to Ask Before You Invest Question: Why am I investing? Investing in a company is an incredibly big decision and one that shouldn’t be taken lightly. Before you decide on where to invest, think carefully about…

In today’s world, it is important to invest in yourself. Personal Finance Tips In the past, people would receive a job offer, and they would accept the terms of employment without negotiation. Today that has changed as more workers are looking for jobs with better salaries, benefits packages, and flexible hours. However, many people neglect their “self” when budgeting which can lead to a lack of self-care or not investing in themselves enough because they…

Humans are indecisive at times. We want to take risks, but also want to save our skins if we can. The same can be said about our financial decisions. We want to make more money, but also save some for a rainy day. Wouldn’t it be nice if there were a plan which could act as insurance as well as an investment? Well, there is. A ULIP! Unit Linked Insurance Policies or ULIPs as they…

What is Paper Trading? Paper trading is a simulated trading environment that allows the user to experience market activity without losing or winning any money. The orders are entered and executed, the participant can view the outcome of the order – all in a simulated environment, without the exchange of money. Traders can test and practice investing or trading with different financial securities without committing any real money and thus not exposing themselves to the…

How Can Wearing Protective Gear While Riding Save Your Life?  Imagine the excitement of freedom a biker experience on a wide road. Their excitement knows no limit. Moreover, if it is summer when the roads are dry and there is no snow around, it makes a “the cherry on the top” scenario for them, as they don’t have to worry about any road hazard. However, there are many bikers who do not bother about wearing…

Every individual who comes under GST is required to maintain and keep records at their principal place of business. You should maintain account if you are the owner of a business, transporter, or an operator of a warehouse, godown, or any place that is used for storing goods. Every person whose turnover exceeds the prescribed limit of Rs. 2 crores during a financial year will have their accounts audited by a chartered accountant or a…

Online share trading is an effective way of augmenting your income. Invest your savings wisely in the stock market and you could create significant wealth. One way to start buying and selling securities in the stock market is through intraday trading. Here, the trader profits from small fluctuations in price. In intraday trading, you cannot hold a position for more than a day. This means that if stocks are bought at the beginning of the…

Anytime talk veers to the topic of the Indian diaspora, you hear terms like NRI and PIO to describe Indians living abroad. But don’t make the mistake of assuming that they are synonyms. There are clear differences between NRIs and PIOs. Let’s find out what these are. Who is an NRI? NRI stands for ‘non-resident Indian’. So, an NRI is a person who holds an Indian passport but does not reside in India at present.…

With the increasing number of vehicles running on the road, the probability for unforeseen road accidents is also increasing. But the problem is not basically with the number of vehicles, the problem is with people who do not follow traffic rules and drive so rashly that someone else gets hurt due to their ludicrous behavior. You too can become a target of such people and may meet an accident while driving your two-wheeler. So, all…

Rapid urbanization and a growing middle-class population have led to an increase in demand for two-wheelers in recent years. Due to the convenience associated with two-wheelers, they have become the first priority for daily commute in the urban areas. The growing per-capita income, higher minimum support price, and farm loan waiver have added to the expansion of the domestic two-wheeler industry. Commenting in this context, the Investment Information and Credit Rating Agency of India (ICRA)…

Today, everyone knows the importance of life insurance plans. Yet, when it comes to details about the different options, there are some doubts everyone seems to have. For example, the benefits of term insurance are plenty but some people may not still know how this policy works. Simply put, term insurance is a life insurance cover. When you buy term insurance, you get life insurance cover for a certain number of years. If the policyholder…

Introduction In today’s volatile scenario, with fluctuating returns from financial instruments, every investor is looking to maximize returns, with minimum risk. Further, there is a plethora of investment options and miss-selling of products by agents, with each claiming to offer the highest returns. For a common investor, selecting the right investment option, suited to his needs of market-linked returns, insurance cover, assured sum on maturity, low risk and tax benefits can be a daunting task.…