Make Your Money Work For You
In the financial markets or in everyday life, not every challenge to the traditional status quo is successful. In the financial world, microcap stocks are considered hazardous since they are. For every story of meteoric growth, there are many stories of downfall and tragedy. An examination of historical data indicates a startling trend: a sizable …
A joint account is essentially a shared bank account between two or more persons, with most banks permitting up to four joint account holders for a single joint account. It has various advantages, one of which is that it provides simple access to money via debit cards and internet banking. It also streamlines bill payments …
Many individuals believe that transactions between spouses are tax-free. But the truth is bit more complex. While certain measures exist to avoid the application of taxes on asset transfers between spouses, there are also laws in place to discourage the abuse of these exceptions for tax evasion. Individuals must understand both sides of the income tax equation …
Many people neglect or ignore a few basic and frequent factors of their financial well-being. As we all know, major investment classes include real estate, gold, and financial instruments such as stocks and bonds. If you buy a house to live in, this is considered consumption. In a similar way buying gold or jewellery to …
For most house buyers, obtaining a home loan is the only option to realize their home-ownership dreams. While most purchasers focus on interest rates when selecting a loan, there are additional elements to consider so that you can increase your loan approval prospects at a reasonable cost and ensuring consistent repayment of loans. In this …
Everyone is understandably concerned about the cost of health insurance premiums. Regardless of the reasons, it is a good idea to examine your health insurance plan on a regular basis to ensure that it still fulfils your needs and whether it is the most suitable one available in the market for you. Porting of insurance should ensure that …
If maintaining your mutual fund portfolio is challenging, it might be because you have a very untidy portfolio that has to be cleaned up. In the past few years, mutual funds have gained popularity among regular investors. SIP investments have risen in recent years, as evidenced by the Association of Mutual Funds in India’s (AMFI) …
The Indian equity and bond market has seen a tremendous shift over time. With its strong economic expansion, rising disposable income, and the advent of technology propelled platforms, the whole financial ecosystem is seeing an upsurge in investing. This has resulted in a considerable growth in the number of capital market investors, changing India from a …
Today’s young investor enjoys a myriad of financial investing possibilities. However, one factor impacting their decision is the choice between mutual funds and investing directly in shares. In this blog post, we will attempt to address this issue of a typical investor. Just a disclaimer that this is not an investment advice and the pure purpose …
What is a Non-Fungible Token (NFT)? If you’re unfamiliar with the word ‘non-fungible token’, then it’s necessary to firstly try to understand what ‘fungible’ means, what a ‘token’ is, and what features distinguish a token as ‘fungible’ or ‘non-fungible’. First let us see what a ‘token’ is: A ‘token’ can be anything that is used to symbolize value, …