The term IRA stands for Individual Retirement Account which in reality is a savings account with tax advantages that a consumer can avail of by opening and participating in long-term investment. An IRA is formed to encourage and incentivize individuals to save for retirement. Any individual who earns income is eligible to open an IRA … Read More “Gold IRA (INDIVIDUAL RETIREMENT ACCOUNT)” »
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CIBIL stands for Credit Information Bureau (India) Limited.CIBIL depicts TransUnion CIBIL Limited, an Indian company that has access to all credit information available on Indian citizens In simple terms, the CIBIL score is a consumer’s credit score. It is a three-digit numeric indication of a consumer’s creditworthiness, credit profile, and credit history. Numerous factors come … Read More “CIBIL SCORE” »
Grip Invest is an investment platform that allows buying of physical asset shares that have been leased by famous and trusted companies like Uber, Furlenco, DrinkPrime, and so on. They advertise themselves in a way that indicates that they offer curated investment opportunities in lease finance with a low minimum investment amount and fixed returns. … Read More “Grip Invest Review” »
Upstox, initially known as RKSV Securities, has investors like Kalaari Capital, Ratan Tata and GVK Davix. It is a tech-first low-cost broking firm in India providing trading opportunities at unbeatable prices. The platform provides trading options across various segments like equities, currency, futures and options, commodities, all of which are available on the Upstox Pro … Read More “Upstox Review” »
The Employee’s Provident Fund or EPF was developed with the enactment of the Employee’s Provident Fund Ordinance in 1951. The EPF ordinance was then replaced by the EPF Funds Act,1952. This bill was later introduced in the parliament in the year 1952 in order to facilitate provident funds for employees in establishments like factories, offices, … Read More “Everything you need to know about Employee’s Provident Fund” »
Angel Broking is one of the leaders in terms of full service broking houses with discount broking charges. In recent times, they have been rebranded as Angel One. Angel Broking Ltd. is a Digital First broker that has revolutionised the way retail trading is done in India and offers an extensive range of financial services. … Read More “Angel Broking Review” »
While the term comes in common financial conversations across the nation, it is important to really understand the very definition of the term Penny Stocks. What is a penny stock? The basic understanding is that a Penny stock is one that trades at a very low price, have very low market capitalisation, are mostly illiquid … Read More “Understanding Penny Stocks and why it is good to know information” »
Lately, the whole country seems to be interested in SIPs and the world of benefits they bring along. One could say it is because of rampant advertising and conversation around it. But the real reason is how systematic, easy to follow and beneficial it is for first-time investors. What is SIP? SIP stands for Systematic … Read More “What is a SIP and why is everyone interested in it?” »
What is Margin Trading in Finance? In the stock market, Margin trading is the process where individual investors buy more stocks than they can afford to. Margin trading is also an intraday trading practice and there are several stockbrokers out there who can provide this service. Margin Trading involves buying and selling of securities in … Read More “Margin Trading” »
Understanding the market well can give investors insights like never before. You can know to play well only if you know the rules down pat right. In order to understand the financial market, there exists something called Technical Stock Analysis. What is Technical Stock analysis? It essentially is the study of historical market data, including … Read More “What is Technical stock analysis?” »