It’s been a few years since Starbucks was publicly corrected for their false claim that coffee was the second most traded commodity after oil. Oil at the time was at a stellar $788 billion and coffee came in around $19 billion, which left plenty of space for other commodities in between. While Starbucks defended this claim based on futures trading figures, it left coffee in the dark. But for commodity investors, it highlighted the importance of doing proper research before lumping all their money together behind a single commodity based on what just anyone says, even major corporations.Continue reading “A Beginner’s Guide To Commodity Investment”
Cryptocurrencies are among the most popular topic of discussion for pretty much everyone. Since the initial launch of Bitcoin back in 2009, the blockchain technology behind Bitcoin and thousands of other altcoins slowly started to merge into a lot of aspects of our society. Those aspects may range from simple payment procedures to healthcare and even government, but at the end of the day, the blockchain technology is becoming a necessity in most technologies out there.
Dematerialization eliminated the need for physical certificates when you invest in any kind of security. Historically, every time you bought or sold any financial product, the certificate needed to be sent to the issuer for name transfer. It was a long and cumbersome procedure. This lengthy process is no longer required as all securities are held in an electronic form.Continue reading “How Your Demat Account Works?”
It is possible to start investing with little money; you do not have to have thousands of dollars to start the investment journey. Knowing where to invest and knowing the right investment practices are very important if you hope to reap the benefits of your hard work.Continue reading “How to invest smartly.”
Graduates of post-secondary institutions are facing higher amounts of student debt than ever before. With the state of the American economy, more people are making the choice to pursue a post-secondary education to secure themselves future employment.
For any business owner, investing in their business means investing in assets that can boost productivity and profits. One of the go-to methods of investment is purchasing a business vehicle. For some organizations, owning a business vehicle is an integral part of providing their service.
Compared to conventional insurance products, ULIP, which is a new generation product and which was not accepted widely even though it has been known to have some unique features and advantages over many other insurance products has a host of benefits that are comparably more than any other traditional policies of a life insurance company. The main advantage of using this vehicle of investment over any other product that is available in the market is that it gives the policyholder the opportunity to invest in a wide variety of investment products that are eligible to be invested in. Similar to all other investment products, ULIP too has its own share of features that make it a desirable vehicle for investment. Another advantage of the product is that it is possible to be tailored to the specific needs of the individual investors.Continue reading “5 reasons why ULIPs are getting more popular as investment option in India”
The proper management of resources is an essential part of a business. After all, maintaining firm control over both the variable and fixed expenses won’t only help keep the company in good financial health, but maximize profit and revenue as well. But while this might be easier said than done, especially in highly competitive industries, there are plenty of strategies that successful entrepreneurs usually employ to keep expenditure in check. To this end, here are just a ways to manage your business expenses better.Continue reading “4 Ways to Manage Your Business Expenses”
Last October, the UN’s landmark report on global climate change sent energy markets into a frenzy, as the future of oil and coal industries are jeopardized by large-scale financial divestment. The devastating report, which predicted a global temperature increase of 1.5C by 2050 without serious climate intervention, prompted many worldwide institutions to declare their support for green renewable energies, which are predicted to rise from 15% of global energy supply to 61% between 2020 and 2050. The surge in renewable energy demanded by the UN report offers financial promise: it signals investors to divest from fossil fuel resources and reallocate their stocks to companies on the cusp of gaining control of the global energy market.Continue reading “Climate Change Sparks Uptick in Green Energy Investments”
The primary objective of tax planning is to minimize your taxes while maximizing the returns on your investments. As per the Income Tax (IT) Act, taxes are levied at different rates based on your income. However, the act also provides certain ways in which you may minimize your liability by investing in tax-saving instruments.
Making an investment decision is not easy. It needs market research and knowledge about different products. Based on your financial goals, you need to consider all the available investment products and make a wise investment decision. If you are planning to purchase a Unit-Linked Insurance Plan (ULIP), you need to understand the policy and consider the five Ps, which are ‘Parent’, ‘People’, ‘Process’, ‘Price’, and ‘Performance’. These five elements are crucial for judging any investment policy. Every element plays an important role in the way the policy works for you. If you go in depth about how consumers judge a policy, there are only two factors that matter- one is parent and the other is performance.
Whether you are a new investor in the market or are the last-minute tax planner, there is one product, which will fit all your needs. Out of all the products available in the market, Unit-Linked Insurance Plan (ULIP) is one product that offers a number of benefits and is a dual performer. The plan offers an insurance cover and an investment benefit. This means you do not have to buy a separate insurance policy and can enjoy the same benefit in a single investment plan. ULIPs are highly preferred by investors with long-term goals. They are also the first choice for last minute tax planners. In ULIPs, the returns from the investment are not taxed.