How are Stockbrokers Different from Financial Advisors?

How are Stockbrokers Different from Financial Advisors?

Financial advisors and stockbrokers put their efforts in the financial market but execute operations in different roles. Stockbrokers mainly concentrate on sales as well as the purchase of shares whereas the financial advisors assist people in making an investment in a proper way based on the financial conditions prevailing in the situation. Both the professions demand the individuals possess excellent communication with the clients and analytical skills. Stockbrokers offer guidance to the individuals to make trade concerning securities as well as commodities. A stockbroker possesses a continuous track of the…

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Cash & Demonetization: Payday kicks in, 6 ways to avoid banks crowds

Cash & Demonetization: Payday kicks in, 6 ways to avoid banks crowds

For most Indians, the salary day this month is going to be unlike any other. The reason being the unabated cash crunch due to the demonetization of ₹500 and ₹1,000 notes announced on 8 November. After the demonetization, which ceased the legal tender status of the notes and also introduced new ₹2,000 and ₹500 notes, there has been severe shortage of smaller denomination notes that has resulted in long queues at banks and ATMs. Banks and the RBI have also rationed the cash supply in order to meet the demand….

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Net Returns is all that matters – Asset Classes and Tax Implications.

Net Returns is all that matters – Asset Classes and Tax Implications.

As an investor it is imperative that you understand the different asset classes and its varied tax implications. It is true that every financial advisor you approach would talk about diversifying your investment portfolio and allocating your assets to a variety of asset classes depending on your risk profile and your short and long term financial goals. That’s enough of jargon talk. We’ll cut the finance babble and get to the point. First things first. Do you know how much you are taxed on your investments? Taxes make a big…

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Should you buy physical gold or gold ETFs?

Should you buy physical gold or gold ETFs?

Are you debating between buying physical gold and investing in paper gold schemes or ETFs? Anil Rego has the answer Let us begin with a fundamental question. Why are you buying either gold or gold schemes? Just as an investment to bear returns in the future? As jewellery, because you have a wedding or family occasion in the near future? As jewellery, because you will need it in the not so near future? You need to answer these questions before you proceed further. In case you are looking to buy…

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Where is gold headed after Donald Trump victory, Narendra Modi’s phasing out of Rs 500, Rs 1000 notes

Where is gold headed after Donald Trump victory, Narendra Modi’s phasing out of Rs 500, Rs 1000 notes

Big action in Gold on two big back-to-back events Donald Trump’s election as the next US President and the Narendra Modi led Indian government’s move to phase out existing Rs 500 and Rs 1000 notes as part of a crackdown on black money.In the domestic market gold was up intra-day by Rs 1017 or 3.29 per cent and trading at Rs 30,897 per 10 grams, while in the international market it was trading up 0.38 per cent at $ 1314 an ounce. It had risen to $1337.40. Experts believe that…

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Festive Freebies – Real Estate, Gold and Consumer goods. Are you Buying or Investing?

Festive Freebies – Real Estate, Gold and Consumer goods. Are you Buying or Investing?

This festive season focus on Investing rather than Buying It’s all or no buying for us. Name a season and almost everyone in India follows the same code. No rationale or reason, because it’s just the season! People consider it auspicious to buy on Diwali and Dhanteras.  They believe that buying real estate or gold means invoking the blessings of Lakshmi – the Goddess of wealth. ‘Dhanteras’ means wealth and it is the season to simply bring wealth into our homes by purchasing gold, real estate or anything that you…

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Gift a Mutual Fund Investment this festive season

Gift a Mutual Fund Investment this festive season

What to Gift? A Made in China plastic toy or something to be cherished for many years in the future? The season is festive. Greetings are exchanged, families feted and friendships renewed. The ease of communication has brought a new dimension to the celebrations, sending a gift or a greeting – now the history, tradition and meaning of the festival is delivered by email or WhatsApp instead of being conveyed at the grandparent’s feet. Shopping, in a relatively prosperous generation, with access to the best of global goodies is simpler than…

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Diwali Shopping – Treat it like a planned Expense not an Exigency

Diwali Shopping – Treat it like a planned Expense not an Exigency

Diwali means a whole lot of things, and shopping for Diwali is inevitable. It is that time of the year we look forward to meeting friends and family, decorating our home, gifting one another, and treating our taste buds with every sweet and snack out in the market. Not many families set aside a budget for Diwali Shopping and those who do, stick to it rarely. Diwali is also a time when merchants and retailers fill the market with goods and offer attractive discounts on purchases. Gadgets and consumer durables…

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Mutual Fund Investment – How to use them to make periodic payments

Mutual Fund Investment – How to use them to make periodic payments

Life comes with several and varied desires and dreams, but seldom provides the financial backing to fulfill them. A Financial Planner therefore insists on a contingency or emergency fund that would cater to the normal expenses during unusual or difficult times. Often fortune smiles and with a career move, promotion or otherwise cash flows become bulky. An increment, bonus, investment payoff or windfall may be followed by a regular and planned expense or investment. Make the most of this. Money has the happy habit of making more money. Let your…

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