Get charged up with this very energetic video. I found it really motivational.
After 4 months of sitting on 100% cash, good opportunities seems to be emerging in some stocks. Sold all the liquid investments and bought few stocks that seems attractive for medium term investments. Please check the update portfolio for further details:
Unified Payment Interface or UPI is a joint initiative by National Payments Corporation of India’s (NPCI), Reserve Bank of India (RBI) and Indian Banks Association (IBA) to enable secure and extremely easy way to transfer money between bank accounts. It’s a payment mechanism which allows instant money transfer without the bank details. Instead of bank account number and IFSC code, a virtual payment address (VPA) is used here. To use this payment Mechanism one needs to download the bank specific app, such as Axis Pay, on their mobile phone and create a VPA which will be linked to their bank accounts.
A virtual payment address is an identifier that can be uniquely mapped to an individual account. It can be thought of like an email ID for your money that your bank uses to transfer money and make payments.
Japanese Candlestick charting has almost become a defacto standard for studying price history of stocks / bonds / gold etc as each candle packs in a lot of useful information regarding the action on a particular day. However a series of candles together gives clearer picture in terms of the direction of the asset class. Following are some of the most important patterns that expert traders use to position themselves.
BIG changes done to the portfolio considering the recent events and macro headwinds lined up. Please check the updated portfolio for details.
I am sure many of you will have questions after this portfolio change and I will be happy to answer them. You can post your query in the comment section of this post.
If you are looking to buy / renew a car or bike insurance then you have either already encountered some jargon, or will encounter as you read the policy documents, which is difficult to understand. Following is the list of common terms that you must understand in order to fully benefit from the insurance policy:
1. NCB or No Claim Bonus: This is probably the easy term and quite straight forward. While purchasing a four wheeler or two wheeler insurance, this is the discount offered by the insurer for prudent use of your vehicle. This discount is available on policy renewals and can be as high as 50% depending upon the number of years your vehicle didn’t claim for damage.
There are two important facts about online trading; there are those in it to make money and those who walk back home with discouraging losses. This doesn’t mean there are spread betters who are destined to lose, the problem lies in the strategies they employ. Which in many times are misguided decisions because they fail to see the following blind spots:
1) No Tangible Trading Plan
Because the name of the game is spread betting, many traders go at it without a solid plan to follow. It’s like comparing the trade to playing online slots where you just pull a lever and the wheels of fortune automatically turn for you. Without a real trading plan, you cannot clearly define the losses from the profitable ventures. You are also bound to over trade or under capitalized in the hope that one of your moves will pay off. In the event of so many losses incurred, you end up liquidating the good trades then go home with the bad ones.