Friday, July 23

Finance

Mutual Funds Or FD: Which Is Better For A Ten-Year Investment?
Business, Finance

Mutual Funds Or FD: Which Is Better For A Ten-Year Investment?

By investing in mutual funds, you can earn returns that are significantly higher than those provided by fixed-income instruments. When you invest in mutual funds, your funds get invested in the stock market to buy equities and other securities that are prone to market risks. Therefore, your returns will depend on whether the instruments in which your money gets invested perform well or not. On the other hand, fixed deposits offer a stable platform to grow your savings. When you invest in an FD, your money remains unaffected by market risks but the lower interest rates that bank FDs are offering might make you wonder whether it is a lucrative investment avenue or not. To find the better option between mutual funds and fixed deposit plans when it comes to investing your capital for 10 yea...
Why Strategic Default Does Not Save Money on Student Loans?
Business, Finance

Why Strategic Default Does Not Save Money on Student Loans?

If you qualify for student loan forgiveness, paying down the college debt is one of the best ways to get rid of it, and bankruptcy can also provide a solution. As a result, you might be considering intentionally defaulting on the student loan debt in order to see if you can settle for less rather than what you owe. Keep in consideration that this practice is common with other types of debts. Moreover, there are several debt settlement companies to help you do it. However, when it comes to Strategic default private student loans, it's doesn't seem a better idea. Let's why? Why Strategic Default Won’t Help? If you have defaulted on the student loans, keep in mind, the Department of Education will refer your account to a debt collection agency. Collection agencies offer three stud...
How To Track Upcoming Initial Public Offerings (IPOs)?
Business, Finance

How To Track Upcoming Initial Public Offerings (IPOs)?

Initial Public Offerings (IPO) are one of the best exit strategies considered by the companies to raise fresh money. After the company is publicly listed and bought by institutional and retail investors those who hold shares of the company are termed as the shareholders of that company and thus get a voting right. IPO allotment is very beneficial for the investors, as they get companies at under priced rates and while buying the shares, they do not have to pay any brokerage amount. But it works when an investor does his homework and the homework is to study the upcoming IPOs. In the blog, we will discuss some of the best ways to track upcoming IPOs ●    News and Research Google News is the best source to find news articles related to upcoming public offerings. You can also find...
Features of Jewellery Insurance Debunked
Finance

Features of Jewellery Insurance Debunked

Jewels are precious and must be protected at all costs, after all, it takes hard work and a lot of money to earn them. Nowadays jewellery insurance is not an uncommon thing to see. Everybody likes to keep their valuables safe and that is the reason we see more and more people opting for jewellery insurance. Usually, valuables are covered under homeowners and renter’s insurance policy but the same is to a limited extent. Some of the insurances which are particularly destined for jewellery and cover the most events like theft, loss or damage by any means. Factors and some inside stories regarding Jewellery Insurance. Insurance cost Like every other insurance, jewellery insurance also comes in the form of a premium service where the insurer pays a premium to the insurance agent or au...
Should you invest in Fixed Deposit or Gold?
Business, Finance

Should you invest in Fixed Deposit or Gold?

When a risk-averse investor wants a low-risk avenue to invest the funds, fixed deposits and gold are good options to consider. However, some people consider gold as a risky investment due to external parameters. So, you may get confused by these two options. Let’s build your understanding as to how to make a choice between the two. Here are some points for comparative analysis that you should consider before making the final decision. A Comparative Analysis 1. Risk Factor Both gold and fixed deposits are considered as low-risk investments. However, sometimes the gold price in the short term can be volatile because the returns on gold will largely depend on market conditions. On the other hand, fixed deposits always maintain their value, no matter how long your FD tenor is and how lo...
Use FD Calculator Tool To Determine Tax Impact On Your Interest Income
Business, Finance

Use FD Calculator Tool To Determine Tax Impact On Your Interest Income

Interest income from FDs is taxable in the hands of depositors under the head 'income from other sources'. FD calculator Tool helps investors to know the estimated returns on their FD investments. Hence, they can plan their investments in such a way that taxes will be at a minimum value. Let’s discuss how this ready-to-use calculator works and helps investors to determine the tax impact. What is an FD calculator? Fixed Deposit (FD) Calculator is an online tool offered by banks and NBFCs to calculate interest rate, interest amount, and total maturity amount to be accrued on an amount of money in an FD account. It is called an FD interest calculator or FD calculator. The tool calculates how much a depositor will earn on investing in an FD account using inputs like the depositing amount...
What Are Most Common Fears About The Share Market?
Business, Finance

What Are Most Common Fears About The Share Market?

Daily headlines on market movement seem to frighten investors. Every investor has experienced sleepless nights and fear about the share market. Fear and uncertainty are inevitable in the share market, even for experienced investors that create a distraction. Let’s see what fear an investor can experience in the market: 1. Underperformance Billions of money are invested in the share market with a hope of outperformance. There is always a fear of underperformance. It is impossible that you will be profitable every time. 2. Recession Recession is part of the economic cycle. It will come because it is a part of cyclical trends in the markets. Stop worrying about it and plan for it. 3. Political Fear While political changes can bring some companies down and push others forward, good...
Surviving and Maintaining during Difficult Times – Guide for SMEs
Business, Finance

Surviving and Maintaining during Difficult Times – Guide for SMEs

It is sometimes difficult for SMEs to keep going for a longer period of time because the trader is not able to focus on the minute details of the market. In this article we will cover Surviving and Maintaining during Difficult Times – Guide for SMEs. The smaller businesses have meager benefits and it moves like a snail’s pace to become a part of the competition. Even the slightest blow at these SMEs put them in a severe condition which leads to utter failure in all their attempts. The tough times diminish the significance of small enterprises and leave the businessman in a chaotic state. Let’s dive deep into the concept and study in detail how to survive hard times for SMEs and keep maintaining its significance in the hardships: Maintain the proper record of your finance under your ...
Pradhan Mantri Rozgar Yojana-Scheme Eligibility, Documents
Business, Finance

Pradhan Mantri Rozgar Yojana-Scheme Eligibility, Documents

The Pradhan Mantri Rozgar Yojana (PMRY) is an ambitious scheme of the Central Government of India. The scheme intends to offer self-employment prospects to educated youths of India who don’t have a job yet. The Pradhan Mantri Rozgar Yojana was launched in 1993 to provide unemployed loans to 1 million youth and women. If you are an educated youth in India with no jobs, then you can avail of the Pradhan Mantri Rozgar Yojana and get the unemployed loan facility. This way, you can employ this financial assistance to kick off your business avenues in sectors such as manufacturing, trade, and services. Let’s know about the scheme eligibility, documents required, and much more in this quick post! What are the features of the PMRY scheme? The PMRY scheme offers the project cost a...