How to open an investment account for your kids?
The importance of investing is almost undebatable. Investments are already an important financial tool to help you save for your future. Most people either learn about investing very late in their lives or towards such stages when the market isn’t favorable enough. In today’s finance-savvy world, it’s almost a necessity to teach your kids the […]
Is Credit Card an asset or liability – An analysis
You might have heard that Credit cards can add a financial debt to your finances. Well, that’s true if you don’t know how to use it in the first place. In fact, credit cards can work as a mode of passive income and help you in multiple ways if used correctly. Quoting Elizabeth Warren, “My […]
5 best credit cards advisable for teenagers in India
As uncommon as it sounds, teenagers also have certain demands and needs that they can’t ask their parents to fulfill every time. Most teenagers are school and college students. It’s common for almost everybody to face uncertainties where there might be the need for some extra cash, something a potential ‘rainy day fund’ could […]
Is investing better than saving? – An insightful analysis
Investing and saving, both are really important concepts to build a strong financial foundation. Both these tools are used widely by everybody to achieve certain financial goals in the future. However, as similar as these concepts may sound, the truth is that both, saving vs investing your money can have different financial outcomes in the […]
Is investing a good career option? – An analysis
Trading and investing are often approached as entry-level professions. In most cases, they aren’t even considered a profession, let alone be a career option. However, with the diversity and options, it offers, trading now is done in many ways, has a variety of types and is widely done on a daily basis for a living. […]
Scalping trading vs Day trading – Which one to choose?
Stock markets are easy to participate in. With people having different goals with their money, investing becomes diverse and more opportunistic. This means that people with long-term as well as short-term goals can easily get adjusted in stock markets. Investing is looked for in the long run, while trading becomes more of pocket gains on […]
What should a 19-year-old invest in?
Being young and investing aren’t those concepts that seem to go hand-in-hand. If anybody ever wants to start investing at 19 years, it seems like there aren’t a lot of options available just because investing at 19 years isn’t done often. If you start investing at 19 years, retirement feels a lifetime away. Youngsters practically […]
Credit card vs Personal loan: The key differences
While credit card loan and personal loan, both are suitable methods of borrowing money, the difference between the both is quite significant and enough to make you weigh the pros and cons. Whether you are borrowing a personal loan or just using your credit card, you are going to have a repayment period that you […]
Understanding T1 Holdings in the stock market (An analysis)
T1 holdings are practically the shared summary of the shares that you have bought but haven’t yet been transferred into your Demat account. This being said, in India, we have a settlement cycle that works on the T+2 settlement. This implies that when you buy your shares on T day, you don’t receive them instantly […]
Understanding SENSEX and how to invest in it?
The stock market has become the new playground of wealth in India with new investors popping up daily. With the coming of new investors, common terms such as mutual fund, profits, shorting, are becoming more prominent to people. One of these new terms is the word SENSEX. It describes an investment that is very popular […]
