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extra money

3 Investing Channels for Beginners

The word personal finance holds a different meaning for many people, but for most, it means that we are investing our money in different places in different ways to earn some extra money for our future or retirement. The money that we keep in our bank accounts makes very little profit on it. There are many different ways to invest and earn some extra profit on it by taking a few small risks. The extra profit can be seen as your second salary which you are earning in your free time. It all depends on how much risk you are willing to take ...
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Stock

7 Mistakes Investors Make

The investment market is like the roller coaster ride where you have to sit back holding your seat and wait for the ride to stop to get down. You cannot jump in the middle of the ride. Investment is all about taking a calculated risk. To this, here are the 7 biggest mistake Investors make. 1) Failure to understand the Base Rate: People follow a trend of going by the information that is being projected from the outside. The result is that they never follow the classic way to proceed with the investment process that is checking the current ...
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invest

What is ETF Investing?

An exchange-traded fund is an investment fund traded in the stock exchange, much like stocks.  It holds assets like stocks, commodities, or bonds and the mechanism designed to operate it keeps it close to its net asset value, but there are deviations occasionally.  An ETF is a bag of securities like stocks that tracks an underlying index, but it is marketable security since can be bought and sold due to its price association. Basically, an ETF owns underlying assets and those assets are divided into shares for the division of ...
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Investment

Equity vs Gold: Which is a Better Investment?

Investment is a doozy topic. The debate for investments using gold and equities have existed for a very long time in the market, but what is the real answer all these debates come to? Investors already know the answer to this question. Investing in equities have always been more rewarding and while investing in gold might be a safe bet for a small amount of time, the history of the market has shown equity always outperforming gold in investments sector. Why people still hold investment in gold to such high standards then? People often overlook ...
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What Does a Commercial Law Firm Do?

Commercial law is important to any business. Consulting with a commercial lawyer gets you up to speed on the latest changes in regulations governing your business and employees,  which can save on penalties and claims down the road. They can also intercede on your behalf, acting as your advocate in negotiations to help you get a better deal. It’s sometimes difficult to know exactly how they can help you in every situation, so here is a short guide to some of the lesser known ways a commercial law firm could help your business out. Fund Raising All ...
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Learn To Say No To Yourself

We are broken eggs running in a race without even knowing why we are running, clawing to materialism. We are aimlessly wasting our time, trying to achieve far-fetched ambitions without any real zeal and passion. Don’t keep wearing high heels even if they hurt your feet; don’t keep smoking if you wake up disgusted with the smell the next morning; don’t keep wasting your time on the couch watching useless television, only to complain about it later; start putting up some necessary personal limitations. Fight the impulse, the urge to do something ...
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Day Trading Strategies

  In many ways this article ought to come, like a pack of cigarettes, with a health warning! This is because day trading, meaning opening and closing trades on the same day involves far greater risk than a more long-term strategy.  An experienced trader will by and large shy away from day trading and probably won’t need to come to a website for suggestions. There is after all a limit as to how far a market can go in one day. That in turn means that in order to make a profit on the day (which is after all the name of the game) greater risks ...
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Budget

Why is it Important for You to Build a Personal Budget for the Month

Are you over-spending? Do you not get to know how much of the cash you end up spending after you withdraw money from the ATM? Do you feel like your money is constantly flying out of your pockets and you have no clue where? Do you have to run to your parents or friends every time you are short of money? If you are sloppy and irresponsible when it comes to money, read along to realize how money management can change your life. Understand your spending habits- how much do you earn, how much are you spending on the necessities, how much are you saving ...
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