Every parent considers saving for their child’s education an important financial goal. A degree from a prestigious university can open up many opportunities. A child may want to pursue a field of education in a global university or a school of high reputation. Different goals for children can be school admission at the age of four, school trips, college education, postgraduate education, marriage, a down payment to buy a home in the future and more. Once the goal is set you can use the...
Online Trading | Image Resource: appreciatewealth.com Companies are listed on the stock exchange and share trading is the process of buying/selling the shares of these companies. These activities are performed to make a profit. When you purchase a share of a company you get to own a stake in that company. For example, if a company issues 1000 shares and an investor buys 100 shares of the company then the investor gets a 10% stake in that company. The investor gets the right to vote on the...
Investing goals | Image Resource: m1.com When you begin to invest, you should identify your goals. Investment should not be made to achieve higher returns as it can lead to mistakes. You can set goals like buying a home, a child’s higher education, marriage or retirement. You should invest to reach the goals you set. There are different types of goals like Short-term, Mid-term and Long-term. Short-term goals can be like planning for a vacation and the duration of the investments is 1 - 3...
Online trading app | Image Resource: niveshmarket.com Making money in the stock market is not easy, it requires discipline and patience. It also requires a lot of research and a sound understanding of the stock market. Stock market volatility can cause a state of confusion. You can follow the right rules while investing, buying or selling: You should do proper research before you invest in stocks. Investing by looking at the name of the company or the industry they belong to is not the right...