Sip Calculator Magnetizing The Investors Towards Online Investing

Online investing option has reached to a higher level with the introduction of SIP calculator. Making the calculation of SIP amount easy, the tool is handy to use as well. Let us understand the concept of SIP calculator with a story. There were two friends Yash and Rohan. Both had passed out college and were placed in MNCs. With the commencement of their career, they took a resolution of initiating their investment also. Yash was very trendy, and new technologies magnetized him. On the contrary, Rohan was simple and was not much of a techie. As both of them decided to invest, Yash did all the research online and also prompted Rohan to take up the online investment method. But, as for Rohan, it was not his area of expertise. So, Rohan relied on the mutual fund agent, and Yash went for online investing. When it came to deciding the amount to invest as SIP monthly both were confused. Yash took the help of an SIP calculator, and Rohan trusted the agent. But, the outcome was that Yash got the exact amount required for investment and the agent failed to calculate the precise amount and thus took an approx figure. Thus, for the same scheme Yash paid the correct amount that was required and Rohan had to pay a little more due to the inaccuracy of calculations.

The story signifies the importance of SIP calculator in the investing process, because the amount of SIP decides the corpus (the main aim of investing). Especially in the online investing the role of an SIP calculator is of vital importance. The investor advances towards being free in order to make the optimal use of their money. SIP calculator acts as a catalyst in aggravating the process investment through proper channel.

Features of an SIP calculator:-

There are a lot of features which motivates an online investor to use SIP calculator. A few amongst them are stated below:

Easy to use:

SIP calculator is an easy tool to operate on. The user-friendly approach is the striking feature of the tool. Providing an environment of smooth functioning and quick calculations, an SIP calculator in India is making online investments attain new heights with each passing day. The main reason of the increasing inclination towards online investment is the handy tool (SIP calculator), which ease out the complex calculations manifolds.

Using CAGR:

SIP calculator uses the formula of CAGR (Compound Annual Growth Rate) to calculate the returns. CAGR is the most widely accepted concept for the growth calculation of investment over a period extending one year. The calculation of CAGR is very complex and not beyond the grasping power of non-financial people. It is a mind wrecking concept and takes time to understand. But you need not worry. The CAGR calculation is simplified with the help of SIP return calculator. Paving the way for quick and easy calculations, SIP return calculator has become a defining point of online investment.

Targeting accuracy:

The goal of an SIP calculator is to provide results that are 100% accurate. But, it works on the inputs that are fed to it. Any mistake in the input data leads to an erroneous result. Otherwise, the result shows the exact and accurate outcome without the mistake of a decimal place. A perfection of that level is surely a strong feature of SIP return calculator.

Top Five Intra Day Trading Tips To Become A Better Trader

In words of Warren Buffet The stock market is a device for transferring money from the impatient to the patient. Let’s read between lines. The investor or trader who is impatient (frequent buy/sell strategy) transfers money to the patient (holding strategy).

Find below herewith five tips which should be followed by a day trader:

Take advice of professional trader

Before one starts day trading it is better to take advice from experienced and expert day trader trainer. Every trainer will have different teaching method and style. See for one who has good teaching method. He should also suit your trading style. They may be ready to teach in their free time. He may charge the fee. As he is spending his free time with you. But it is worth. You can assume that paid fee as an investment, which you need to get knowledge. They are the best share tip providers when you trade.

In future when you grow big, many newbies’s will come to get knowledge from you. At that time you can charge them likewise.

Gather information from financial news

One has to gather news from across the globe. Segregate relevant news, which affects your business. Analyze and set priority which news will most affect your business. Stay updated on news like meetings, change in government policies and rules. Local, national and international news should be followed.

M&A, financial results, entry/exit of members of BOD, etc. These types of related news of the company one have shares in, make sense.

Though the news does not impact a common man but may have an impact on your investment in the concerned company. This news helps to take a smarter decision, especially while trading shares. Through nifty future tips also one can gather information.

Treat trading as any other business

Take day-trading as any other business. It is not a hobby, but a serious business. It is not for fun that one is in day trading. Like any business, it needs devotion and dedication. Trading is a part. One has to devote a lot of time preparing a plan. Study different charts before coming to any conclusion. Follow news on TV, read business magazines, study reports etc. It is a full day activity.

Keep eye on professionals

One should study professionals. What they are buying, when they are selling. For how much time do they hold the script? Since they have experienced one can learn a lot by keeping eyes and ears open and mouth shut. If one makes mistakes, then analysis the mistake. What went wrong and where? You can find them in many share market advisory companies.

Patience

It needs time, energy and devotion to master the skills. As the old saying goes Rome was not built in a day It was destroyed and then rebuild. This process was repeated many times over. Even if one makes loss he has to get up again for a fight.

Traders do not profit all the time. Many a time they incur losses. So one has to be prepared for losses and have patience during the time of loss. Commodity tips are also helpful to know the market trends.

Today’s successful traders were also novice once in a while. They got success by their hard and smart work. They had put in their efforts, made mistakes, but kept up their learning process.

Does Social Media Help In Getting An Auto Loan?

We live in a world dominated by technology and social media. Whether they are your shared posts, status or your connections, social media platforms play a key role in carving your virtual personality. A well-known fact is that technology is an inevitable yet an integral part of our lives. When it comes to financing your car, social media is building its way and becoming a relevant medium of profiling. For instance, John walked into a dealership to purchase and obtain financing for a car. The quickest and easiest way to search for a tentative background of John would be to get a grasp of his personality on the basis of his behavior on Facebook and Twitter account, respectively. Currently, a small percentage of lenders use social media for judging an individual’s creditworthiness. However, the developing presence of social media is gaining mind share of the lenders.

Can Social Media help in ascertaining the Creditworthiness of an individual?

1) Facebook can build your Credit Circle

The very essence of Facebook lies in networking. A creditworthy profile does not require millions of posts or many friends. However, if you have a genuine profile and do not pose any abnormal social behavior, your profile is likely to get approved for an auto loan. Additionally, the presence of certain contacts in your friend list with a clean history and a strong credit score further add to your creditworthiness. Lenders can look for mutual contacts that have been previous customers. The payment history of the mutual contact can then be used as a basis to judge your creditworthiness. In order to get the most out of your circle, seek a person with a good credit score and make him a cosigner and your auto loan process will become smooth.

2) With LinkedIn, lenders can check your Employment Stability

A stable employment speaks volumes about your personality and trustworthiness. LinkedIn can serve as the best source of obtaining information regarding your job history, duration, professional position and interests. The documentation of an auto loan requires you to display evidence of a source of income through pay stubs. However, there is less proof one can gather regarding the stability of employment. Social media can become a tool to ascertain not only if there is job-hopping, but also the financial strength of the individual. A person with a 500+ connections, long duration of employment history and a considerable profile activity can become a favorable applicant in the eyes of the lender.

Buying a Car: Making the Most of your Social Media Profile

Social media has made its way into the minds of auto buyers as well as lenders. As primary sources of guides, nothing comes above your credit score, current income status and payment history. However, virtual platforms such as Facebook and LinkedIn are starting to occupy mind share in terms of creditworthiness. Once the primary sources of information seem insufficient, lenders may turn to social media to get an idea of your personality. A few helpful ways to make sure your social media positively adds to your credit score is to be careful with your online posts, invite only genuine friends into your virtual circle and to always keep your professional profiles updated.

The Benefits Of Trading The Commodity Market

Like trading in the Stock market, trading in the commodity market is also very interesting. While one trades on the basis of Stock Cash Tips in the stock market, the trader can trade on the basis of commodity tips in the commodity market. ProfitAim Research is one such advisory firm, which provide both the best Stock Cash tips as well as commodity tips to the traders.
Commodity market seems to be a lucrative avenue to a lot of traders and Investors. In the Commodity market various commodities are traded and one can take benefit of the price fluctuations to trade effectively in the commodity market. Various commodities are listed on the Commodity exchange and the relative prices of various commodities are traded on the exchange. There are various benefits of the Commodity trading like a trader can make huge profits by trying to forecast the Commodity signals. The most important part of the Commodity trading is to anticipate the Commodity trading signals.
Scalping: Intraday Trading Strategy For Commodity Market
One of the important benefits of the Commodity market is that the trader can form a strategy and trade on the basis of it. The Intraday strategies like First hour strategy or scalping techniques can be followed to earn good profits from the trades. Scalping is a technique to look at the price range during the first hour of trade and then look for a breakout from this range. Thus, if the prices break from the high it’s a buy call and a rise in the prices is anticipated. On the other hand, if a breakout from the lower limit of range is observed a down trend is anticipated. Thus, scalping is an important strategy in achieving good profits from the Commodity markets.
Also, there are other strategies available like trading for small profits. In this case small changes in the Commodity signals are generally traded for the profits. Also, a large number of trades are executed to add up to large profits, this will be applicable in Stock cash tips as well. The Commodity trading signals are unassuming but still with a proper plan and a proper strategy good profits can be made through Commodity markets. The trader can also base their trade based on the advice from the advisory firms who provide free Commodity signals initially and then charge a nominal amount for their services. Thus, the Commodity trading is beneficial if done with proper planning and strategy.
Trading based on the Charts
Trading in the stock or commodity market is an art difficult to master. People use various methods and strategies to trade in the stock markets. Trading based on the charts is one of the ways out of them. Various types of charts exist like Candle Stick charts and line charts. These charts can be plotted with varying time scale. The price movement depicted by chart can be an important way of forecasting future prices.
Thus, one can trade on the basis of charts and by applying suitable indicators of the technical analysis, one can anticipate the price movement. Trading on the basis of intraday Stock Cash Tips is the other way of trading.

Graduate Finance Jobs – 8 Options in the Financial Sector

If you are thinking of applying for a graduate finance job it’s often difficult to understand which area of the financial sector would suit you best. We’ve found eight popular areas that might appeal to you when applying for jobs.

Audit – auditors are the referees of the financial world, they are responsible for making sure everyone follow the law as well as helping companies run their business more efficiently. They can either work for the company itself or an external firm. They carry out reports and assessments where about how the business can improve.

Banking – it’s a big sector but investments banking as well as frontline customer roles are always popular for numerically minded graduates. As big companies, banks offer well structured but competitive graduate recruitment schemes. They often provide a great foundation in the industry and often offer a good level of pay compared many graduate jobs.

Accounting – it often requires further training but accountancy is very lucrative career choice. There are a number of different accountancy qualifications which would allow for specialisation in different areas. It’s worth seeking out companies that offer training schemes that would allow you to work towards the professional qualification while getting paid.

Book Keeping – Book keepers carry out much of the day to day financial duties for companies. Often working for small to medium sized businesses they are tasked with keeping tabs on both the payments made and received by the company and keeping extensive financial records.

Insurance – another large sector with a variety of interesting and rewarding jobs. Underwriters help understand the likeliness of the insured event taking place, there are also roles for claims staff who manage the process when insurance claims are made by insurance policy holders.

Taxation – most people find tax a complicated area, for the people that understand how VAT and other taxes work your expertise is hugely valuable. Helping companies and individual manage their responsibility for taxation can be hugely rewarding with great opportunities for professional development.

Payroll – everybody finds it important to get paid at the end of the month and it’s the payroll department of the business that makes sure it happens. As well as the normal pay cheque at every month they are responsible for making sure any relevant bonuses or deductions and keeping the appropriate records and paperwork.

Private Equity – if you find the idea of helping small high risk companies become successful private equity might be the ideal job for you after university. They are tasked with finding companies that they believe offer a great investment potential for the venture capital firm and then organise the deal between the two companies.

Top 5 Benefits Annuities Can Bring Except The Lifetime Income

Earning a consistent income in their retirement life is a major concern for the seniors approaching their retirement and many of them invest in different annuity insurance plans. These annuities help the insured to receive a guaranteed income for life protects from the fear of outliving their savings. Also, if a senior couple hasn’t saved enough or doesn’t have someone to support after their retirement, these policies help greatly to take care of their daily expenses and maintain a better lifestyle. However, the majority of seniors isn’t aware of all the benefits an annuity can bring. Most of them buy an annuity solely to receive a guaranteed income in their retirement life but the annuities have a lot to offer. Here, we are going to explain five more benefits of a retirement annuity plan that you might not be knowing.

Benefit to your loved ones

At times, seniors pay a long series of premiums to earn them back during their retirement but die at an early age without receiving the complete benefits. Many seniors die soon after their retirement and insurance providers keep their share of investment with themselves. But, the new additional feature allows transferring the benefits to the beneficiaries, if the insured dies early. Along with the immediate annuity plan, you can choose a guaranteed period of 10-20 years that are calculated since the time you start receiving the payments. If you opt for a 20-year guaranteed period with the annuities, your insurer will provide a series of payments for exact 20 years. You can name your spouse or kids as the beneficiary and they will receive the benefits for rest of the period, in case you die early.

Tax deferral on earnings

Most of the investments are applicable for state and federal taxes, but the investments such as interests, annuities, dividends and capital gains earn a tax-deferred status. These investments are tax-free until you withdraw the accumulated amount. The tax-deferral is similar to 401(k)s and IRAs, but there isn’t any limit on the amount and you can put any amount into the annuities that you assume enough to spend your retirement comfortably. Moreover, the minimum withdrawal criteria have more flexibility than that of to 401(k)s and IRAs.

Tax-free investment transfers

Market performs differently at a different time and an investment performing strong today may perform poorly after a certain period. Hence, investors keep transferring their investment amount form one to another fund and there are financial advisors to help with the same. Usually, these investment transfers or rebalancing are applicable for taxes but the annuity retirement plan has no such tax consequences. That means, you can rebalance your investments as per your financial advisor’s suggestion and you won’t have to pay any taxes on that.

Protection from lenders

People take different types of loans to match a better lifestyle and pay the due amount in installments. At times, people reach a stage where they only have the money enough to take care of their fundamental requirements and aren’t able to pay the loan installments. In such cases, if the lender files a lawsuit, they may lose the return on the investments made. Annuities insurance policies also help protect your investment return even if you can’t make the installments. Usually, the premiums you have made to your insurance provider, belongs to them and there are laws that restrict that money to be accessed by the lenders.

Variety of investment options

Insurers help the investors with a range of annuity options at retirement including the fixed and variable one. The first one credits a certain rate of interest on the amount you deposit while with the later, your money is invested in the stock or bonds like mutual funds and provide a return based on the market performance. Also, various insurance providers have introduced different types of floors that set a limit by which your investment value may not fall further. That means, if you have invested in a variable annuity, you return won’t fall below a certain value, despite the fluctuations in the market.

Are You Having Trouble Managing Money? Try These Personal Finance Tips!

Everyone has to worry about personal finance. Even a child must rely upon financial skills when deciding how to spend his or her allowance. Staying on top of your financial activities can be tough when you feel ill-equipped. Here are some ways you can improve your ability to keep track of your finances.

A great way to get a handle on your financial health is to look for bargains and discounts whenever possible. Forget about your attachment to specific brands and instead buy what you have a coupon for. As an example, while you may have always purchased brand X detergent, if you have a coupon that will give you $2 off brand Y, then buy it and save money.

Don’t waste your money on get-rich-quick schemes or any other instant cash program. A lot of Internet marketers get deceived by this trap. Learn as much as you can, but rather than constantly spending money on books and seminars, put that knowledge to work.

Buy your covers, pillows and sheets at bargain stores to save money on bedding costs. This will save money over time and you will still get something new. Do some research before making purchases, and you can save a lot of money.

If you get paid on Fridays, take a few minutes to create a budget the night before. Use this plan to ensure that you do not spend too much money over the upcoming weekend. Once you get paid, just let the money be direct deposited and don’t take any of it out. On Monday, when your mind is back in a weekday mindset, you will handle the money more judiciously.

Remember to do your taxes at a time that is right for your personal situation. If you know you have a refund coming, file as soon as possible. If you owe the IRS money, file as close to April 15th as possible.

To succeed financially, make education a priority. People that graduate from college and get a Bachelor’s degree can earn up to twice as much money as dropouts and people that graduated from high school. A post-secondary education is the only investment that doubles your wealth over the course of your lifetime and adult working years.

Your can is among the most important purchases you’ll ever make. One way to get a great deal on a car is to spend some time looking at the dealerships to find out what the selection and prices are like in your region. You can’t have too much information. Do not overlook the Internet as another shopping option to find low prices on cars.

Evaluate the contents of your investment portfolio once a year. Adjusting your portfolio enables you to reallocate your various investments based upon your current investing goals and risk tolerance levels. Rebalancing also helps build a discipline of buying low and selling high

All debt is not bad. An example of a good debt is a real estate investment. Homes and commercial real estate can gain value and you can write off as a tax deduction some of the interest paid on the loan you used to finance their purchase. Another good debt is paying for college. Student loans are good because the interest rates are low, and they have a longer repayment schedule; one that generally is deferred until graduation.

You must be sure to pay your utility bills promptly each month. You can harm your credit rating by paying them late. You may also be charged a late fee, that will cost more money. Because of this, you should never pay late; so always pay your bills promptly.

Use a flexible spending account. You will save money with your flexible spending account if something were to happen where you incurred additional bills. With a flex spending account, you set aside a certain amount of pretax money, which you can use to pay for needed expenses. There are limits to the amount allowed to be placed in a flex spending account, so you should consult a tax professional.

You are not saving yourself money by not doing maintenance your home or automobile. If you see a minor problem now and don’t fix it, it will become a major problem later. By taking care of the things that belong to you will save more money as time passes.

Personal Finance Tips For Graduates

To a young college student fresh out of school the world may seem rosy, but sooner or later they have to understand that many things are regulated by the finances we have. Till now their needs were fulfilled by their parents and it is time for them to understand they need to regulate and manage their finances so they do not fall into any sort of financial problems. Most of the college students today, opt for jobs at the entry level of their field of study. This article provides some valuable information about personal finance management for graduates.

Although entry level jobs do not pay much, it should not be a pretext for saving less. Plan a budget and stringently follow it, so that you can track your expenses and income. Plan wisely and invest in schemes that will give you good returns later.

You may love to splurge on expensive restaurants and alcohol, but keep in mind that even small amounts of saving that may seem negligible to you can do wonders later in life. So, skip the outing your with friends just one week a month and see for yourself how much you can save.

Using credit cards can seem like easy money coming your way, but do not avoid the payments and be lethargic in repaying your credit card bills. Mounting them will only lead to more troubles in the form of accumulated interest and even cause bad credit ratings for you.

Early in your job you can opt for car or home loans. Although it is a good option to invest in property while you are still young, remember that a huge loan can lead to personal bankruptcy. In case you feel that your loan amount has exceeded your limits or due to problems you have skipped on few payments. It will be a wise decision to negotiate with the credit organizations to deal for lower repayment process.

The Latest Trend In Doorstep Loans

These days, individuals frequently have no opportunity to visit loan specialist’s office to apply for quick cash bolster. Henceforth they begin asking financial assistance from relatives and companions that is exceptionally humiliating. Be that as it may, no more you need to shoulder the disgrace of looking for assistance from companions for banks and facilitates everywhere throughout the United Kingdom have presented Doorstep loans. As the very name suggests, finances under this cash backing is conveyed comfortable doorstep. Additionally, the sum affirmed is all that anyone could need for all your unimportant needs that look for your moment consideration.

Until the point that a couple of years back, applying for extra subsidizes was a testing assignment as you were requested to experience repetitive customs. You were solicited to submit piles from archives. Actually, it took a very long time to finish the whole procedure. The greater part of the circumstances, when you got an endorsement, the requirement for stores was finished.

Be that as it may, things changed with online machine mode that scarcely took a couple of minutes of yours. Simply peruse pages and you will run over different banks offering moment cash backing. Because of regularly expanding rivalry among moneylenders, it has turned into a great deal less demanding for you to pick the loan specialist that offers bargains according to your need.

Render your own subtle elements on an online application frame yet ensure it is finished and exact. Numerous loan specialists may get in touch with you inside no season of applying. You can choose from bargains that suits your current needs. In the event that they are happy with your data, assets may be authorized into your bank tally and you can sue it the way you need with no confinements. From paying pending power charges, Visa charges, stockpiling charges; obligation solidification, child’s instructive expenses to traveling, meeting wedding costs and therapeutic urgencies, you can do everything.

Regardless of where you live in the United Kingdom, you will get cash comfortable home as 12 Month Loans. Assets will contact you either as cash or as a check. Loan specialists will charge financing cost contingent upon your current settled pay and reimbursement capacity. Sometimes, reimbursement residency is additionally broadened. Here, loan specialists charge extra expense for late installment. Be that as it may, paying extra sum isn’t an issue as you can dispose of every one of your inconveniences without running all over.

There is all around the energy among the general population about getting the sum specifically at the entryway with no dreary undertaking by any stretch of the imagination. What’s more, the news is valid and spread like a fire over the United Kingdom. In this way, it is awesome time for those individuals, who used to go to the entryway of the bank keeping in mind the end goal to have exchange about the loans. However, now, the time has come to desert the conventional framework for the acquisition of the earnest bucks in light of the fact that the presentation of doorstep loans UK has been influenced the impact in the finance to advertise.

In this way, the borrowers don’t need to squander their valuable time in going all over on the grounds that the sum something like 100 to 500 is specifically dispatched at the home of the candidates inside round the clock. There is no prerequisite of playing out the hassle full customs. In this way, influence a call to the appropriate loan specialist with the sensible enthusiasm to rate and get the sum as ahead of schedule as could be expected under the circumstances.

College and Graduation Finance Challenges For Students

Student loans are important because the bald facts are that, for many lower-income students graduating from high school, there is no way of gaining a college level education and high-income salary without them.

Without a college student loan, a student from a low income family would have to find other means of financing his degree level education. That usually means finding a temporary or short-term job where salary can be saved and put by to pay for college at a later date.

In practice, such jobs are often beneath a graduating high schooler’s capabilities. Knowing he will be leaving for college means he cannot honestly agree a long term employment contract. Therefore, the student ends up taking short-term casual jobs. The trouble with this approach to funding college is that such short-term jobs are often casual, menial and poorly paid. This means that the would-be college student is very unlikely to make the fees in the optimum time for attending college.

In the meantime, other better-off or loan-financed students are leaping ahead of him in the queue to get a degree. When he eventually gets to college and graduates, he will be older than other students who started out ahead of him in the race – straight from high school. Circumstances may intervene also – he may meet a new partner, become a father or need to travel away. In these cases, the wannabe college student will become trapped in low-paid work for a long time.

Working to pay for college also has other implications. It is often a burden on the student’s family and they may have other children to support. In order to put by the maximum amount, the would-be college student would have to be supported, to some extent, by his parents. For example, he may need to live rent-free and may not be able to contribute much to the family food budget. In reality, this is a burden for all concerned as all the time the student is working in a low-paid job, college fees and interest rates may be rising and his savings may not be able to keep up.

In comparison, it is no wonder that college loans look so attractive to low income would-be college students. For a start they are so easy to arrange. Finance companies are so eager to attract new student business, that it is hard to avoid seeing them advertising everywhere.

These student loans are speedy to set up and very convenient as they can even be shopped for and compared online. It is even possible for some of the most needy students to get funding help from the government on designated schemes. If a student does not qualify, there are plenty of private funding options competing for his business, some offer a ten year payback period.

If a student has anxieties about the long-term consequences of arrears, then he is often reassured by descriptions of payment deferral schemes and forbearance periods where he can take a ‘regular payment holiday.’ At that young age of 18 many students find it hard to see into the future and deal with the prospects of interest accrual on the debt and they may see only the bright side of college finance loans – the allure of a top quality degree which will allow them to enter a well paid profession of their choice and maybe even travel the world!

No wonder so many students, particularly those from low income families, think a college loan is important. The truth is that for them, a polished education is an impossible dream without one.