Fixed Deposits have been an evergreen investment cum savings option. From younger investors who are at their first job to retired citizens, Fixed Deposits are a great choice. Fixed Deposits are regarded the safest among financial products as they are covered by Deposit Insurance up to Rs. 1 lakh.
If you have multiple accounts in different banks, the cover is extended to all the accounts.
Earlier it was the high interest rates on FD coupled with the safety and guaranteed returns that made Fixed Deposits attractive. However, after the recent demonetisation drive, banks are flush... Read More
Making an appropriate choice can be daunting as well as confusing specifically when there are numerous alternatives available. Hence, there’s hardly any difference in deciding about the competent online trading broker. Seeking the help of online trading brokers is a significant and essential criterion to be easily able to trade the stocks. Trade execution is carried via trading account with the firms. However, this market of online brokers is gradually becoming competitive but differences do exist in the services as well as cost structures offered. Making the selection on such minor and major... Read More
If you run a business from your home, you're not alone. You're also not the only small business that doesn't have adequate insurance to cover the business you're running out of your home office. According to a report from the Independent Insurance Agents & Brokers of America, almost 60 percent of home-based business owners don't have insurance.
As to the reason business owners don't have adequate insurance, they believed that they were covered in some capacity under their homeowner's insurance. They also believed that they were too small to worry about insuring their business. When... Read More
Have you ever looked out for a better alternative for the savings bank account? Even though we are satisfied with the concept of saving with banks, we need not put all our idle cash in it. There are many other options in the market which work alike and in fact much better than the bank account. They not only yield better returns but provide an almost equal level of safety of the funds. One such example is none other than the liquid fund which is a subcategory of debt mutual funds. So let us know why one must have the best liquid funds in one’s portfolio.
1. Higher Returns: The money... Read More
Forex trading is such a lucrative business that in every single day we have new traders in the community. Many new people are now participating in forex trading as a part time profession and full-time profession. If you are involved in day job then you know how hard you work from 9 -5 in every single day. There are many people in today’s world who are struggling to meet their financial need in the market even after having a fancy education. If you look at the traders in today’s world then you will notice that most of them are not struggling pretty hard to make money in forex trading. Most of... Read More
Data is a testament to the fact that this ‘buy’ and ‘hold’ strategy works great with equities. Long-term investment strategies along with the above approach work with stocks, if you have a decade or two to play with. If not, market fluctuations including inflation, bear market and overall downturn may cause many to sell their stocks within the starting 2-5 years.
When you actually implement an effective buy and hold strategy with your stocks, then there may be times when you lose money in a fiscal year. However, in the long haul, this approach will surely give you around 10% on the... Read More
There has been a decent bullish recovery in the price of gold after the U.S dollar index fell from a 14-year record high in the global market. After hitting the critical bottom at 120.90 in the global market the price of gold started its bullish momentum in the market and used the weakness of the green bucks to rally higher in the global market. The price of gold tumbled hard in the global economy after the FED hike their interest rate on the basis of 25 points in the global economy but after that, the market absorbs the bullish strength of the green bucks drastically. On the event of the weakness... Read More
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