Recurring deposits(RD) are for those people who want to invest regularly for a certain period of time and earn a better returns of higher interest. Many banks are offering to open recurring deposit accounts for making investments on a long-term basis. It is something similar to a Fixed Deposit, where instead of making a lump-sum […]
Tag: Personal Finance
Important Tips For Long-Term Investments
There are many investment strategies that help to grow your investments and create wealth. One of the best method of investing is the long-term investment. Mostly long-term investments reaps average benefits and sometimes if the market is in your favor, it can even provide above average benefits. Expecting large amounts of returns can be possible […]
Simple Ways to Reduce Financial Stress
Financial stress is a significant problem that is faced by individuals at least once in their lives. Before you find ways to reduce financial stress, you need to recognize the symptoms of stress. It may include severe health problems like depression, frustration, anxiety, sleepless nights, lack of energy, etc. Sometimes people even get addicted to […]
Role of Fear and Greed in Trading Psychology
It does not matter how good your trading strategy is, and how much knowledge you have on trading, as there are other factors which will always influence your outcomes. They are your own emotions. The emotions of fear and greed plays a vital role in the trading psychology. These two factors can change a winning […]
Know About Investment strategies
An investment strategy is a set of rules, procedures or behaviors, these are launched to guide an investor’s selection of an investment portfolio. Generally this strategy is designed according to the investor’s risk return trade off, some investors prefer to reduce the risk, some investors prefer to maximize the returns by investing in risky assets, […]
What If a Fixed Deposit Is Broken
Breaking the fixed deposit means withdrawing the money from the account before maturity expires. If you require money urgently or there are any better investment opportunities then it become necessary to withdraw the funds from account. You have to pay some cost means you may get 1 percent lower interest rate than standard interest rate […]
Managing Money – Budget Basics
Budget is a plan that allows us to know how much money we have and how it is coming and how and where it is being spent. If we don’t know how much money we have and how it is coming and how it is being spent, then our path of financial success will be […]
Tips to Claiming Your Moving Expenses In Tax Returns
Most of us don’t know how to claim moving expenses in tax returns. But you are able to claim moving expenses from your taxes if your move has to fit in one of the following categories. Your original spot of house is at least 40 kilometers closer to your workplace or school than your past […]