Author: Roky Binty

How to buy stocks directly from a company

How to buy stocks directly from a company

Finance
The stock market today is highly volatile. But this should not stop you from investing. If you are careful and disciplined, it’s not difficult to fetch good returns. A trusted brokerage firm like Kotak Securities would guide you properly and help you get the highest dividends. This is, in fact, the only way to trade in India—you cannot buy stocks directly from a company. Trading through a broker You are not permitted to buy or sell stocks in India on your own. You need a broker to carry out such activities. This is actually a boon in disguise. Still in the dark? The two reasons given below will explain everything: Experience and research: When you trade through a registered and trustworthy stock brokerage firm, you can expect the very best results. The brokers associated with th
Business Ideas That You Can Start At Home

Business Ideas That You Can Start At Home

Business
Starting a home-based business has become a lot easier due to the introduction of new career options and availability of high-speed internet. Home-based businesses are also useful in generating a reasonable amount of income on a monthly basis. Below are some of the business ideas that you can start from the comfort of your home. Computer Training If you are good with computers and have ample knowledge of various software applications, you can consider training students who are interested in learning the same. Having software knowledge can help students land a job for themselves and therefore, there is an increasing demand for computer training programs. Moreover, you can also include basics such as Microsoft Excel and PowerPoint in your training module. You would be required to ...
What are the Pros and Cons of Investing in a Fixed Deposit?

What are the Pros and Cons of Investing in a Fixed Deposit?

Finance
An ideal way to kickstart your investment portfolio is through a fixed deposit (FD). It is not only risk-free and easy to comprehend, but also helps you in growing your wealth. In an FD, your money is held for a specific tenure and you earn interest on it until the date of maturity. FD interest rates are higher than the rates that are offered in savings accounts, which is also a reason why FDs are very popular. The pros and cons of investing in an FD are discussed below. Pros of investing in FDs FDs are considered as an ideal way to start saving money for the future. Its benefits are discussed below. Low risk FDs are not associated with market movement; hence, there is low risk. FDs provide guaranteed returns and are a preferred choice for individuals who have a low-risk ...
Income Streams You Need Not Pay Tax On

Income Streams You Need Not Pay Tax On

Taxes
It is the duty of every citizen to pay their taxes if they earn taxable income. However, the idea of non-taxable income is something that might intrigue you. You must understand that taxation is not always about paying taxes. It is also about knowing when you need pay them and when you need not.   Firstly, the concept of income tax bracket is applicable on every earning member of society. You do not have to pay taxes, or pay a lower tax, if your annual income falls under a certain amount. Below are the brackets you must know about. The income tax brackets for individuals below 60 years of age are: Income tax slab Tax rate Up to INR 2,50,000 No tax INR 2,50,001 to INR 5,00,000 5% on the income over INR 2,50,001 INR 5,00,001 to INR 10,00,000 INR 12,500...
Tips to Invest in High-Interest Fixed Deposits

Tips to Invest in High-Interest Fixed Deposits

Finance
Fixed or time deposits are common and a popular investment option in India. These deposits provide interest higher than a regular savings account and are less risky than other instruments like shares. You may open a time deposit account without any inconvenience with minimal documentation. However, premature withdrawal before the due date results in the payment of a penalty. If you want to invest in high-interest deposits, here are seven tips to keep in mind: Check various options Different institutions offer varied interest rates on fixed deposits (FDs). It is recommended you check with various institutions to know the best rate available for your required tenure. Split the capital Based on the capital you want to invest, it is recommended you split the same among mul...
How to become a successful forex trader?

How to become a successful forex trader?

Finance
Forex trading has been the sensation on the recent days. Forex trading offers the space to earn good money. Its awareness are started to reach people all over the world and magnetize them to involve on trading. Forex generally stands for foreign exchange and in this method, the trader have to buy or sell one currency in the exchange to another one. Forex trading is rated as one of the most heavily traded market around the world. A forex trader definitely needs a international broker for their trading purpose. People in Namibia are highly interested on forex trading and if you are one amongst them, then fish out the brokers with higher efficacies is no big deal. Researching on internet for more details paves a way to find the best option available. Forex trading: Imagine yourselves trav...
Trading in the Indian Share Market

Trading in the Indian Share Market

Finance
To initiate the process of trading in the Indian Share Market, the investor first needs to understand the process of opening a Demat account from the potential stock broker, the pros and cons of the stock market, and its functions. After weighing all his options, the investor then needs to register for a trading account and a Demat account. These accounts need to be linked to his bank account, which will give him an estimate of the interface and how the account works, while giving him time to research. It is an essential step and will require the investor to familiarize himself with the broking company, and check its credibility and credentials before opening an online trading account. Do your research It helps if you browse the cyberspace for terms like buy, sell, IPO, portfolio, quotes...
5 Recent Developments in the Life Insurance Industry

5 Recent Developments in the Life Insurance Industry

Insurance
India is currently set on an upward growth trajectory and the recent developments in the insurance sector have contributed to that heavily. Apart from the favorable economic conditions, the biggest reason behind the boom of the insurance industry is the various initiatives the government has taken to improve the economy and the performance of the insurance sector. Here are five developments in the life insurance industry that are significant: Growth in premium  INR 4.58 lakh crore was collected as premiums in the financial year 2017-18. This has been one of the most noteworthy developments in the industry. This is a considerable rise as compared to the premium collection of INR 4.18 lakh in the financial year 2016-17. This is an indication that the people of India are now
Amazing techniques to reduce risks in trading

Amazing techniques to reduce risks in trading

Bankruptcy
Forex is a high-risk industry in which millions of people are investing money. While the sector may seem risky, there are certain tricks that can lower the risks of losing capital. This article will tell how to make money with low risks plan. It is more suitable for investors who want to start a career with a low deposit. The only thing to keep in mind is never to become greedy. If greed overtakes, it becomes an inevitable destiny for traders. It is the reason many wonderful investors quitting trading early. Overlapping sessions are profitable This is the time when different markets of the finance overlap. In this period, a large number of people gather and that increases the reward size. According to the professionals, this is one of the timeframes when windows to rewards are bigger....
If installment loan is better or payday loan

If installment loan is better or payday loan

Uncategorized
The online lenders offer many types of loans but nowadays installment loan has become popular among lenders. As compared to other lending options there are some features better than other. Scan through different lenders to compare their offers and terms if you are not sure where to start. Mostly people like to take loan on installments, a fixed amount of loan money for a long period of time.  The installment loan is better than payday loan in many ways. You have no tension of paying back loan in a lump sum amount when your pay cheque arrives. You can easily pay your loan money in installments, smaller monthly payments for a longer period of time. Some people think it as a safe way to repay as financing explained in this type of loan is comparatively easier. Many financing options are