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Showing posts from November, 2020

The Golden Rule to Follow When the Market Goes Up

Get Rid of Your  Fundamentally Weak Stocks When the market is at its all-time high, it’s the best time to get rid of your fundamentally weak yet good performing stocks and book the profits. There may be some stocks in your portfolio that might be performing very well in terms of returns, however, it’s not fundamentally very strong and hence might not deserve to remain in your long-term (5-10 Yrs or more) portfolio. These companies might not have any competitive advantage or any edge to keep them performing even after the bull run. Better to book profits in these cases. After all, these stocks have completed their purpose and make profits for you. Ignore Market Emotions & Stick to your Strategy This is the golden rule to follow when the stock market goes up. As discussed above, when the market is high, you will notice many behavioral issues in your daily lifestyle. You will start feeling richer and might plan to buy your favorite automobile. Or, you might...

Do not take PF account lightly, you get these 5 big benefits

  Those employed in the country get the facility to deposit money in PF (Provident Fund).  Contribution to PF is mandatory, which is deducted from people's salary and deposited.  Every month a small amount of money is deposited in your PF account and by the time of retirement a large amount is ready.  This money is maintained by EPFO ​​(Employees Provident Fund Organization).  Let us know that interest continues to be paid on this deposit.  EPFO invests your deposited money in many places to pay interest.  You can withdraw PF money before retirement.  But it is advisable to use this money only in times of extreme need.  This is a kind of investment on which you get interest.  But PF account has 5 major advantages, which no one can ignore. 1. High interest rate      As mentioned above, you get an interest rate on the money that is deposited in your PF account.  But this interest rate is...

Key things to Consider Before Purchasing Gold Bars

Indians have a penchant for gold. The trend dates back to many eras. The love for gold amongst Indians has made the country to grab the position as the largest consumer of gold globally. In every household in the country, gold will be present either in the form of jewellery, coins, bars. The change in the patterns of jewellery and the inclusion of hefty making charges/design charges has made people opt for purchasing gold bars which do not carry any of these charges. Nowadays, gold bars are even sold on e-commerce platforms like Flipkart, Amazon and so on. These bars will cost less as compared to the ornaments and coins. but before heading for purchase of Gold Bars, the buyer will have to look into the following list of things. They are: Fineness Here Fineness shows the purity of gold by parts per thousand rather than Karats. The term Fineness is used to express the content of the metal of gold and it represents the purity in parts per thousand. If the gold bar is refined...

Gold: know why everyone should invest in gold

  Gold is considered very valuable everywhere in the world.  The value of this precious metal is undeniably valid in every era, from the era of kings to the central banks of countries.  Gold is considered the most liquid in the world in terms of value.  There is no obligation on the value of gold and its value does not matter the economic performance of any country.  Despite these obvious reasons for buying gold, it is also important to understand that gold is considered a strategic asset, which is considered necessary to diversify investment.  As far as India is concerned, it is a tradition to buy gold in families here, and it also helps in times of any kind of economic crisis. This is why you should rethink about this precious metal in your investment, as it is also capable of giving risk-adjusted returns.   How to balance the risk of your investment portfolio   History is a witness to the fact that this precious metal has given t...

LIC: invest Rs 76 daily in this policy, get a hefty amount of Rs 9 lakh

  We are planning to invest, but there is confusion as to where to invest so do not get upset at all.  You can invest in LIC scheme.  Where you can earn good profits by investing.  At present, Life Insurance Corporation of India Limited runs many such life insurance plans, in which people get good returns at low investment when the policy matures. LIC is the most trusted institution.  Investing in its policy, from accident to any kind of risk where insurance is available.  At the same time, returns on maturity are also good.  This is the reason why most families in the country have taken some form of life insurance policy.  Its biggest feature is that the customer can invest in any policy according to his needs. Life goals policy, know who can invest LIC has different policies in which people from poor to rich can invest easily.  If you are planning to invest in long term, then you can invest in LIC's Jeevan Lakshy...

Share Market: Leave the tension of risk and earn big from these stocks on Diwali

If you are an investor, then this news is of your use.  There is only one week left in Diwali between the festive seasons.  In this case, different broking firms are advising to invest in different stocks.  Here we have brought for you 4 such shares mentioned by IIFL, a well-known broking firm, from which you can earn big profits.  These four stocks belong to different sectors.  But every company is a leader in its sector, so the risk tension is low.  By investing in these stocks on Diwali one can get good returns in a short time.  Explain that these stocks have the potential to give returns of up to 32 per cent. Reliance Industries is the first name in this list for Reliance Industries, for which a target of Rs 2,054 has been kept.  From the current level, this stock can give 11% return.  Retail and Jio businesses have given considerable support to Reliance.  Their performance is also fantastic.  Entry into...

6 High Rated Corporate FDs With Best Interest rates

Corporate Fixed Deposits or Company Fixed Deposits are provided by Non-Banking Financial Companies or NBFCs and these corporate or company fixed deposit schemes are reinforced with higher interest rates compared to bank FDs. Though the DICGC (deposit insurance of up to Rs. 5 lakh, which is only for bank FDs) does not cover company FDs which makes a serious concern among the investors, yet you must verify the credit quality of the respective organisation to address it. Multiple credit rating firms, such as CRISIL, ICRA and CARE, assess the credit health of these non-banking financial companies (NBFCs). Check for an overall 'Stable' score by credit-rating agencies before investing. You may be able to raise returns by around 100-150 basis points (bps) by switching from a bank FD to a AAA-rated corporate FD and by considering this we have covered below the 6 Top Rated Company FDs that are offering higher interest rates on the current scenario Look up the ...