If you're looking to get into commodities trading, CFDs may be the way to go. This how-to guide will teach you everything you need to know about Trading commodities as CFDs, from what they are to how to get started. Commodities futures contracts have long been a popular investment tool, but with CFDs, you don't have to worry about taking on the risk of buying and selling them yourself. What are commodities and CFDs? Commodities are natural resources like oil, gas, gold, and wheat. They're … [Read more...]
Here is how smoking affects your life insurance policy
When you are the breadwinner of your family, it is your responsibility to take care of the financial well-being of your family. You also need to ensure that in case you suddenly lose your life, the quality of your dependents is not hampered. This is exactly what life insurance takes care of. When you buy a life insurance policy, the premiums that you pay are used to provide you with a life cover. In case of your sudden demise during the tenure of your policy, the nominee of your life insurance … [Read more...]
Goods and Services Tax Myths V/s Reality
The Goods and Services Tax (GST) was introduced in India on July 1, 2017, yet there are still many myths circulating since the proposed legislation is not well understood by the general public. It's only reasonable to witness a wide range of emotions. The basic reason is that individuals oppose change since it is difficult to adjust to new situations. Tax Laws before the Implementation of GST Previously, the Centre and their state collected taxes independently. The tax procedures varied … [Read more...]
What You Need to Know About Reverse Mortgages
If you’re currently planning for retirement, you may be considering making a reverse mortgage part of your retirement plan. A reverse mortgage will allow you to cash in on your home equity, and it can be a powerful tool if you have a lot of home equity and a low amount of savings, a small 401k, or other retirement financial troubles. A reverse mortgage isn’t for everyone, however, and you should consider these facts and check what you’ll get on a reverse mortgage using a reverse mortgage … [Read more...]
AI is Disrupting Financial Practices Like Underwriting Commercial Loans
The financial and banking industry is using artificial intelligence to improve their business models. There are many ways that AI technology is used by banks and other financial institutions. They are using AI to provide better services and improve profitability. There are a lot of reasons that AI is important for financial companies. A growing number of banks and credit unions are using AI to help approve and reject loans. They have started using Commercial Loan Underwriting Software that … [Read more...]
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