Novice traders start their trading careers with great expectations. They start daydreaming without knowing the big challenges associated with the currency trading business. You may have extensive skills in running a traditional business but in the options market, you have to specialize in a few sectors. Without taking the proper precautions, no one can become a successful trader. You might lose your capital due to a lack of knowledge. Trading can be done in the higher or the lower time … [Read more...]
What is the new bumper-to-bumper car insurance?
A bumper-to-bumper car insurance plan, or the zero-depreciation cover, is an add-on cover for a motor insurance policy. You can purchase it along with a comprehensive policy. The add-on cover is best suited if you own a new, or luxury or premium category car. It is also recommended for new drivers and for those who tend to take the accident-prone roads often. Why should you buy bumper-to-bumper car insurance? When you claim under your comprehensive policy, your insurer deducts the depreciation … [Read more...]
Insurance Brokers: Their Roles, Tasks, and Expertise
Your insurance broker’s aim and purpose is to help you with all your insurance needs. It’s best that you fully understand the nature of their work to enable you to know what and what not to expect when it comes to their services. This article will discuss: what an insurance broker is the different types of insurance brokers the work activities of insurance brokers and the required degrees and certificates for all insurance brokers What is an insurance broker? An insurance … [Read more...]
5 Methods of calculating your mutual fund return easily
The performance of a mutual fund is popularly gauged by checking the Net Asset Value (NAV) of the fund scheme. NAV is the per-unit market value of the securities of the mutual fund scheme. However, there are five popular techniques used for calculating the return of mutual funds. Annual Return The simplest of all mutual funds return calculation methods, annual return, depicts a time-weighted return percentage for one year. If the NAV of your scheme was Rs 10 and Rs 15 at the end of the … [Read more...]
How Often One Should Review Their Investments?
Imagine this scenario, you are a long-term investor, and the finance minister has just announced a series of measures that will surely upset the market participants. With the mobile in your hand like it is typically, you decide to check your portfolio value just 30 minutes after you last reviewed it. Unfortunately, this time you see your portfolio bleeding red, all the investments have lost significant value in the last few minutes, and the trend seems to continue. Now, what do you do? … [Read more...]
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