Sometimes, we require additional funds, but our needs and borrowing patterns vary. Understanding different credit options like overdraft vs personal loan is essential to making the right choice based on your financial situation, needs, and repayment ability. In this blog, we’ll explore these concepts in depth, focusing on the key differences between an overdraft and … Read more
Penny stocks are shares of small publicly traded companies, usually priced below Rs. 30. These stocks often have low liquidity, making them risky investments. While they can be bought at low prices, finding buyers to sell them can be difficult. Additionally, some penny stocks risk delisting, which could lead to losses. Investing in penny stocks … Read more
Difference Between RuPay and Visa Card As India emerges as a global economic powerhouse, its financial services sector is undergoing a major transformation, with cashless transactions becoming increasingly prevalent. Today, numerous transactions can be completed using cashless methods like cards. When selecting a new card, many people are often caught between choosing RuPay or Visa. … Read more
Home Loan Insurance Borrowers should manage their finances carefully. However, getting home loan insurance is optional when borrowing from banks, NBFCs, or housing finance companies. Regulatory bodies like the RBI and IRDAI do not mandate purchasing home insurance with a home loan from any financial institution. Meaning of Home Loan Insurance Home Loan Insurance, or … Read more
Inflation affects everyone, extending beyond higher prices to impact investment returns. Understanding its dynamics is crucial for assessing investment suitability based on individual needs. What is Inflation? Inflation is defined as the rate at which prices of goods and services increase over time, reducing the purchasing power of money. It applies broadly to overall price … Read more
When selecting investments, many prioritize potential returns, risking an over-concentration in one asset type. This “all eggs in one basket” mistake can be avoided through asset allocation. Diversifying your investment portfolio ensures you aren’t overly reliant on a single investment type for financial security. Read on to understand asset allocation, various asset classes, allocation strategies, … Read more
You may have come across the term credit score, but what does it mean? Essentially, a credit score is a number from 300 to 900 reflecting an individual’s credit history and reliability as a borrower. A higher score indicates better creditworthiness to lenders. Factors influencing your score include open accounts, debt levels, repayment history, and … Read more
In the stock market, traders encounter two distinct prices: the bid price and the offer price. The bid price is the amount a buyer is willing to pay for a stock, whereas the offer price is the amount at which a seller is willing to sell the stock. Typically, the offer price is slightly higher … Read more
Market sentiment is a term frequently heard in the stock market. It’s a crucial indicator to consider when trading and investing. It can greatly influence a company’s success and even alter the trajectory of the entire stock market. This blog aims to explore market sentiment and provide insights on leveraging it to build a successful … Read more
The Indian economy, one of the largest by purchasing power parity, is poised for continued growth. However, its booming economy will face fluctuations, including stock market movements that can greatly impact growth. From 1994-2005, India’s stock market underwent significant restructuring, with the economy averaging 6.1% GDP growth during this period. To better understand these effects, … Read more
Stock market are appealing for young investors seeking to build wealth, but rash decisions can lead to losses. Even with limited knowledge, new investors can start cautiously, akin to cricket where defense matters when starting. This article offers 10 tips to plan stock market investments wisely and excel on your investment journey. Let’s begin. 1. … Read more
Investment plans aim to secure and increase your savings, ensuring financial stability for you and your loved ones. Among India’s diverse investment options, the Public Provident Fund (PPF) stands out as a popular choice for tax-saving. However, many lack a comprehensive understanding of PPF, including its benefits and eligibility. Our guide covers what a PPF … Read more
