A dematerialized account or a demat account serves as a key instrument for holding shares and securities and as such, offers numerous benefits. These features, services and benefits of a demat account come with its nature of being the basic mode of electronic retention, storage and exchange of shares and securities. A demat account can be easily opened online with listed documentation and minimal paperwork. This allows you, as an investor to carry out your commercial activities in a smooth and hassle-free manner. You get to invest, hold, track and trade in your fund securities and shares electronically, thereby increasing…
Author: Tina Roth
When we’re facing financial challenges, our first instinct may be to hide this reality from creditors. This strategy may work for a short period of time, but serious financial issues often cause us to fall behind on payments — in which case creditors will definitely notice, and report your lapsed payments to credit reporting bureaus, too. If your financial plan has been knocked askew by a financial hardship — like a divorce, layoff, natural disaster, death in the family or medical issue — it’s best to get in touch with creditors proactively so you can hopefully figure out a plan. Only if you…
Large-cap companies are regarded as more trustworthy when compared to mid-cap and small-cap ones. Owing to such reputation and robust performance, more investors prefer investing in the stocks of large-cap companies. However, the answer to whether one should invest in large-cap mutual funds or not is more deep-rooted than it appears. For instance, individuals not only need to possess in-depth knowledge about large-cap funds but also need to understand their financial goals and restrictions as investors. What are Large-Cap Mutual Funds? Large-cap mutual funds are those equity funds which invest money in blue-chip companies, i.e. companies with large market capitalisation.…
Chasing overdue payments from difficult customers can often seem like a daunting task. In the current uncertain economic climate, unpaid and overdue invoices are becoming increasingly common for businesses. However, did you know that a debt collection agency can help your business to conquer its cash flow worries? Reaching out to a debt collection agency can be a fantastic way to help your company to combat late payments, enabling you to spend more time focussing on growing and nurturing your business. So, how do you know when it might be time to call in the experts? Let us discover 3…
You have a law firm, and you want to reach out to as many people as possible in order to help your business grow. Naturally, everyone wants to see their company flourish, but how exactly can you achieve that in this day and age? There are quite a few law firms out there, and the competition is intense, so rising above it is not exactly easy. Efficient marketing, especially online marketing, can do wonders for you, reach people quickly and directly, and persuade them that you are the right person for the job. Here are a few examples. What are your…
Most workers get fed up with their job at one point in their careers. Some of them decide to change their employer and keep working as employees. Others opt for a challenging road of becoming business owners. Even though working for yourself sounds like a dream-come-true scenario, in practice, this means a 24/7 commitment to keep things rolling. The mere fact that you’re a knowledgeable professional won’t make you a great business owner. It takes a lot of learning and self-discipline to become a successful entrepreneur. You can start with the following financial hacks for saving money and launching your…
If you lost income due to the COVID-19 pandemic and you weren’t able to make that one-time $1,200 stimulus check stretch – you’re probably looking for ways to make some extra cash. The usual “side hustles” like driving Uber or selling extra stuff isn’t profitable or safe in our era of social distancing, so you’re left with few options. However, there’s one avenue you might not have considered. If you’ve ever contemplated trying your hand at trading, quarantining presents a terrific opportunity to do it. You’re stuck at home, so you have the time to research, practice, and, hopefully, make…
If you have debt from short term loans, credit cards, an auto loan, or any other type of personal loan, you may be wondering how you can pay it off on time and get your finances back on track. In this guide, we’ll give you a few tips that you can use to make sure you pay off your debt on time. Here are a few tips you can use to pay you debt on time: #1 Live Within Your Means This tip is more helpful before you’ve taken out debt, but it bears mentioning. Avoid taking on debt that…
Loans are a very important part of our life as they get us close to some important life goals which could include buying a new property, education, marriage, etc. EMI’s are equated monthly installments that are made towards the loan we opt for. It’s a contribution made for both interest and principal amount. Usually, the interest amount constitutes the major portion of the EMI but as the loan tenure progresses, the amount of interest repayment reduces, and contribution towards principal repayment increases. The EMI of the loan depends on 3 factors which include: Loan Amount- The total amount that has…
Losing a loved family member or friend so suddenly is one of the most tragic experiences that a person can go through. In situations such as this, no preparation can make the consequences any less painful. The untimely death of a person due to the unlawful or negligent act of another person causes a range of emotional and financial hardships. There is not only grief, anger and other powerful emotions, but also severe financial ramifications to consider. Fatal Accident Claims is a UK law firm that specialises in cases involving bereavement claims. The expert solicitors at this firm recognise the…