Tips to Improve Your Financial Literacy
Investing and growing the money earned is equally important to making the money. Smart people with lower incomes can end up making bigger fortunes in life if they know how to invest their money in smartly. But a number of people end up making poor choices when investing money. Money is mostly invested in low...
Components of Your Long-term Financial Planning
Every person should have a strong financial planning to meet the future requirements of his life. Financial planning does not mean putting all your money in bank deposits or buying real-estate. It is about catering to all your financial needs in your life. Some of the key components of your financial planning are explained below:...
RBI Permits Trading of More Currency Pairs
Currency markets are the biggest markets in the world. According to an estimate, the daily trading volume in the global Forex market is $ 5.3 trillion. Apart from the big institutional players like banks, retail traders too play a significant role in the Forex markets. Forex trading started in India in the year 2008 after...
Should you Buy Trading Tips and Indicators from Trading Gurus?
I was recently reading a book on trading called ‘Mastering the Trade’ written by a professional trader based in USA called John Carter. The books provides a number of insights into the world of trading. The book starts with giving into market internals and gives a through into trading psychology. The author then continues with...
Tata Elxsi: Emerging Player in a Niche Market
One of the key rules of investing is to find to companies that have high growth potentiality in the future. Investors should invest in such companies before their market capitalization is still very low. Such companies should not be covered much by analysts and stock brokers. Investments by institutional investors like mutual funds and pensions...
Should You Trade in Indexes or Independent Stocks?
One of the first decision that any trader needs to take before embarking on the trading journey is selecting the instrument and the timeframe he should trade. The timeframe in which a trader should trade in mostly depends upon his personality. While traders with patience can succeed in swing trading, disciplined traders who can keep...
Advantages of Trading in Commodities
For all those who start their trading journey, the primary question is selecting the type of security they should be trading. Contrary to the Indian markets, which are dominated by trading in equities, currencies and commodities have a big share in the trading pie in global markets. In fact, currencies are the most traded asset...
Save Money by Buying Private Labels
The high growth rates experienced by the Indian retail sector is giving more choice for Indian customers. Organized retailers sell goods for a cheaper price than unorganized players. As the buy directly from the manufacturers they could avoid margins paid to the middle men and sell for a cheaper price. Organized retailers also sell they...
How to Handle Multiple Loyalty Cards Given by Retailers
The entry of organized players into the Indian Retail sector lead to heavy competition in the industry. Retaining their existing customers and preventing them from switching to their competitors is very crucial as the acquiring a new customer is expensive. One of the ways in which retailers try to retain their customers is through loyalty...
A Case for Discount Brokers
Busy traders end up paying a lot brokerage to their brokers. A good way of saving on their brokerage is to open a trading account with discount brokers like RKSV and Zerodha. Discount brokers offer ultra-cheap brokerage rates. Some of them even offer unlimited trading for a fixed brokerage every month. Discount brokers manage to...
