Many companies, apps, platforms now offer options to buy and sell anything you wish. The list also includes cryptocurrency, oil, and gas-commodities that are traded in different countries. Celebrities like Elon Musk have voiced their support on trade through Dogecoin to Bitcoin. Before you get excited and jump into the usual buying spree you need to be very careful who you choose as your broker. A broker is the middleman or the medium that facilitates security trade options for you.
In this article we are going to discuss about the Bank Fixed Deposit and also the pros and cons related to it. Fixed Deposit is a financial investment scheme offered by banks and Non Banking Financial Companies (NBFC) that provides higher rate of interest than a normal saving accounts until a given maturity date. The rate of interest paid differs depending on the investment amount and tenure of the investment.
Investing money helps you to guard yourself from unforeseen expenses. As a result you want to invest your savings in order to get returns. There are numerous ways in which you can invest your money. You can choose from safe to medium-risk investments or even higher-risk options as well. If you are looking to grow your wealth securely, you can invest in lower-risk factors which will give you smaller return or you can go for riskier options which, usually, offer higher returns.
In this article we are going to discuss the pros and cons of investing in share market. We have seen, the stock market has provided handsome returns to its investors in long and very short period time as well, but stock markets also fall down, bringing investors huge amount of loss.
Advantages of Investing in Share Market
In this article we are going to discuss what is Mutual fund, what is open and close ended mutual fund, what is NAV, what is SIP and what is expense ratio along with the advantages and disadvantages of mutual fund and how to invest in mutual funds in India. Before we understand what is mutual fund, itβs very important to know the area in which mutual fund works, the basic understanding of stocks and bonds.
In this article I will discuss how to calculate support and resistance level easily with excel or Openoffice / LibreOffice Calc. This is another important thing, you really need to calculate the resistance and support level of a stock before you invest or trade.