Stock brokerage firms allow you to invest in various segments like Equity, Currency, Commodity, Mutual Funds, and IPOs. With brokerages, you can trade on a daily basis as well as investment capital for a longer-term. Basically, you can classify a stockbroker into two types, full-service brokers and discount brokers. If you are planning to … Read more
Once upon a time, wearing perfume was a luxury in India. That’s because there weren’t any perfumes that were made in this country. At the time, people had to depend on relatives and friends coming from abroad to buy them a flacon of some perfume. Others not so fortunate would end up paying a lot … Read more
There is no doubt that the stock markets provide an excellent opportunity to build wealth. That’s because you can create a portfolio of some of the best stocks and Exchange Traded Funds for your future. Or make profits every day with Inter-Day and Intraday trading on stocks, Exchange Traded Funds (ETFs), commodities, and currencies. Or … Read more
The Reserve Bank of India now permits resident Indian citizens to invest a maximum of $250,000 in American and international share markets. The apex bank extended this facility to Indians in 2020. As a result, thousands of Indians are now making money by buying and trading stocks of American companies and Exchange Traded Funds (ETFs) … Read more
When you search for a superb online platform for trading stocks- or what’s commonly known as a Demat and Trading account- users in India are spoiled for choice. There’re countless such online trading platforms available. And one among these platforms is Upstox. There’re lots of questions about whether is Upstox safe or not? and its … Read more
Are you aware that the banking system in India is the biggest in the world? If not, let me tell you that this country has close to 100,000 banks operating across the country. And this isn’t strange or wrong, considering the vast expanse of India and the diverse banking needs of its populace. Therefore, with … Read more
There is an old axiom that says: “Failing to plan is planning to fail.” The same holds true for personal financial planning. Unless you do proper financial planning and analysis, there is a very great possibility of falling short of money when you need it the most. Unfortunately, lots of people don’t know the importance … Read more
Financial freedom is very important nowadays. That’s because financial freedom relieves us of the undue stress that financial issues can cause. Overall, any person having financial problems also experiences severe stress. This stress is in addition to the ones we already face because of work and other external circumstances. Basically, financial freedom keeps us free … Read more
Earning a passive income in India is very important nowadays. The main reason for this is rising inflation, which makes it almost impossible to live on a single salary or one primary source of income. Furthermore, even if your salary or income from the business is sufficient enough to buffer the fallouts of inflation, making … Read more
A Savings Account is the most basic form of banking in India. The country has about 100,000 banks spread across the country. Therefore, you can open an SB account at any of these banks and their branches. However, there are several factors one needs to consider before entering into a banking relationship with any of … Read more