Should you go for a personal loan? The answer depends on your circumstances. If you have a pressing need for cash, and don’t have any assets, but own a credit card, a personal loan is certainly advisable. This is because cash withdrawal using your card is far more expensive than a personal loan. But if… Read More »
When in times of an urgent requirement of funds most people think of a personal loan as the only option. However, there are several types of other loans available in the market, which can be used to raise capital for various requirements in a critical situation. Availing a personal loan though may sound pretty tempting… Read More »
The gold loan business had been performing steadily and grown with a very fast pace in last few years. The current situation has changed a lot, and now it is a dying business for NBFC whereas banks have taken advantage of this situation. Suddenly, a break has been put on by the RBI on NBFC’s… Read More »
Old age can be very challenging, or rather miserable, when there is no financial support from any source. Taking this into account, some of the finance companies have introduced the Reverse Mortgage scheme in India. This scheme originated in the United States and has gained popularity in the West since its inception. Reverse mortgage, as… Read More »
The Reserve Bank of India has brought about many new directives and guidelines in order to curb speculation in the property market as the sector stands poised for a revival post recession recovery. One of the guidelines that has dampened the mood of real estate developers as well as prospective home buyers is the exclusion… Read More »
ALGORITHM (ALGO) or high-frequency trading (HFT) are a buzz word in the field of stock trading field. An ALGO and HFT trading can be explained as an automated trading system like a robot which takes its own decision based on the defined parameters. In such trading, the data received by the system is quicker than… Read More »
In terms of car financing a lease is a legal contract between the owner of an asset (the car) and its user (the Lessee) for the hire of that asset. While the ownership still rests with the lessor (Financing Institution) the right to use the asset (car) is given to the lessee for an agreed… Read More »
Rajesh is an insurance professional who had heard a lot about stock market giving humongous returns to some of his friends. With their advice, he started following the market but did not dare to enter it. However, in 2007, he could not control himself anymore and invested 2 lakhs in stocks of blue chip companies.… Read More »
When saving for a home loan, plan on increasing the down payment over and above the limit that needs to be paid RBI recently brought in a new ruling effective from February of this year to curb property values being inflated. Accordingly stamp duty, registration and other taxes like VAT and service tax will be… Read More »
There was a research conducted in United States on the average number of days investors hold the stock. The number was 187 (about 6 months) in 1991-1996 period. The median was worse with just 90 days. With internet boom era and overpriced IPOs in 2000s, this came down to about 3 months. There is no… Read More »