Why don’t rich people pay taxes?
Paying taxes has always been a daunting thing for most people to do. Indian employees with normal jobs across almost all industries pay up to 30% of their income as taxes every year. Across the US, this number even rises to 35%. But on the other hand, people in the higher income brackets […]
Direct vs Regular Mutual Funds – A direct comparison
Mutual funds have two schemes for their plans – Direct and regular plans. Some key differences will help you to choose between the plans that are right for you. Even though both the plans have their respective benefits, you need to understand what works best for you in terms of investing in different plans and […]
Elon Musk and Twitter: The best frenemies
Imagine you are asking somebody for a date and are trying to confirm whether they are already seeing somebody or not. Neither is the date accepting it nor are they denying it. Frustrating, right? That’s the state of Elon Musk and Twitter right now. Even the people that haven’t even heard of an Elon Musk […]
Top 5 Investing advices from Rakesh Jhunjhunwala
Rakesh Jhunjunwala is one of the most successful and popular investors in India. He started earning through the stock market while he was still in college through trading with just ₹5000 in 1985 when the Bombay Stock Exchange Index was at 150. After completing graduation, he pursued Chartered Accountancy. He’s a billionaire today, having […]
The sinking value of the Indian Rupee against the dollar
Amid the global recession right now, the value of a single dollar is equal to ₹78.38 right now. Since the beginning of the year, the Rupee has been depreciating, little by little against the dollar. Unsurprisingly, foreign investors have pulled out more than $17 billion from the Indian equities already, making it the right […]
Why are the tech stocks suddenly declining?
Once that dominated the NASDAQ, the tech stocks are taking a steeper fall than most indexes in the markets. There seem to be a few analogies associated with this consequence, but here’s the most important one – Since the year 2010, tech stocks have pretty much witnessed a significant rise. Now call it major disruptions […]
Is scalping trading illegal – An analysis
You might have heard about different styles of trading. Investors always have different modes and methods of trading that could potentially reap profits for them. One such style of trading is scalping. And as a spoiler, people also have the notion that scalping is an illegal stock trading activity just because some brokers don’t […]
Zomato’s acquisition of BlinkIt and the dripping sweat involved
In one of our newsletters previously, we mentioned that BlinkIt was probably being acquired by Zomato, and it happened. The in-loss, 10-minute-delivery service is finally a part of Zomato now and it seems like the stock prices are not exactly a fan of the acquisition. Before we dive into the repercussions of the acquisition, let’s […]
How to see buyers and sellers in the stock market (Analogies of a stock market)
Markets, where trades are exchanged between buyers and sellers, are called stock markets. These transactions in the market are not done by the company directly but by the other shareholders of that stock. India’s leading stock exchange is the National stock exchange or also commonly known as NSE which was incorporated in 1992. Companies listed […]
Why is suddenly everybody investing young?
If you are an avid user of Instagram and Facebook, there are a lot of chances you’d have come across teens sharing their portfolios worth lakhs of rupees. And surprisingly, as ‘immature’ as the #notfinancialadvice sounds, the truth is that teens now are gradually understanding more about investing than ever before. Call it the influence […]
