financebuddy

  Nonetheless, how well you plan your life, the unexpected is bound to happen. You can never predict where things will take you and what seems to be a definite thing can rapidly shift to uncertain or unpredictable. While you cannot control the unforeseen, you can indeed protect yourself. Insurance is available for all kinds of events and risks, and opting for the right one will make sure you are safe from a sudden twist. However, for choosing the best insurance, you need a qualified insurance broker that you can trust. So how do the services of a good insurance broker help you? Unlike insurance agents, insurance brokers work and represent you as the client. They are not related to any insurance company and should find the best business insurancecompany on your behalf. Many firms prefer insurance brokers over agents as they are more reliable and have broad excess to multiple coverage options. This option becomes limited in the case of insurance agents as they only sell a handful of

A stock broker is a middleman between the investor and the securities exchange. He has the right to buy and sell securities on behalf of the investor. Stocks are traded through exchanges , but an investor cannot buy or sell stocks directly. You need an intermediary who can help in swiftly carrying out the process. This middleman can be an individual or a company that has the authority to buy and sell stocks on your behalf. Such an individual or company is known as a stock broker. What does a stock broker do? A stock broker acts as the eyes and ears of his clients. He manages their money in a way that optimizes their financial gain. As their typical earning is through commission, stock brokers select investments that tend to produce substantial growth for their success. Stock brokers are generally associated with a firm or are individual entities. A stock broker charges a commission or fee for his services. Apart from performing the buying and selling, stock brokers also help inve

Are you looking to start a resort or already own one? It becomes imperative for you to protect your resort from potential lawsuits with business insurance. However, you should first have a solid plan that states all your risks as a business owner and how you plan to cover them. Not all your risks get covered by purchasing a basic resort insurance policy. You must first know what your risks are. You can simply consult an insurance professional or a business attorney to identify your risks. The risks for the resort can be wide because of the wide range of risk exposures involved in the resort business. Before paying expensive fees we are here to help you identify a few potential risks that could arise and how an insurance policy can protect you in the event of a claim. However, let’s look at some of the procedures you can manage to better protect yourself from legal and contractual issues .   Risk management for a resort Below are the various risk management controls that a resort

   Individuals who like to trade and invest should have a demat account. This will help the investors to buy and sell securities safely and conveniently in electronic form. The term ‘demat’ is derived from the word ‘dematerialization’ account. However, to open demat account, an individual has to bear certain charges which come along with the account. This can include account opening charges, annual maintenance charges, transaction charges, etc.   Therefore the owner of the account might discontinue using the demat account due to the huge expenses related to it. To help investors cut down on the demat account expenses, few top share brokers in India offer free demat account. Before moving to the list of brokers let us understand the basic meaning of demat account. What is a demat account? A dematerialization account is used to hold bonds, shares, securities, mutual funds, exchange-traded funds etc. in an electronic format. The demat account holds securities in electronic form which make

Business insurance is essential for any business. But many business people do not need the right guidance regarding the SME loan and how much coverage is enough. Important decisions for example who'd you hire or your location can assist you to determine if you've made the ideal option. If you receive the mistaken insurance, it wouldn't supply you with a viable solution amid the emergencies. Assessing before picking one insurance will be able to assist you to create the ideal option. Here are the tips that will help you pick the ideal business insurance for the commercial property. Know how much insurance you are legally allowed to get. Though commercial insurance is not mandatory, few states and businesses do require companies to purchase business insurance to use. Most states require worker's compensation insurance for companies with employees. By way of instance, landlords frequently require general liability insurance to protect commercial places contrary to property

In India is estimated to grow from $ 7.2 million to $ 12.3 billion by 2025. The projected increase in CAGR is more than 11% in the next five years. This growth is forecasted depending on factors like rising disposable income and a rise in possession of bikes. As people prefer two Two wheelers are a Facility has removed the hassles related to long processing period. This has positively affected the market development. Moreover, the existence of big automobile manufacturers in the nation, flexible repayment and tenure, very low interest rates is further hastening the growth of India's two-wheeler loan marketplace. The two wheeler loan Moreover, the Reduce the effect of coronavirus is by adhering to social networking actions. The latest government guidelines also indicate avoiding public transport as far as possible. This has led to the purchase of bikes, scooters, etc. Hence the two-wheeler market is set to gain a lot thus boosting the two-wheeler loan market. Shift towards low-budge

Formerly, shares were issued in the form of a Shares Certificate. When a person sold a business's shares, the certification would be signed and sent to the buyer by means of a broker. The full process would take a minimum of 15 days to complete and occasionally over a month. Hence the floating stocks could not be traded, or on occasion the agent would trade the stocks without the customer's knowledge. To prevent these flaws and frauds, the Securities and Exchange Board of India (SEBI) decided to dematerialize the shares of all companies. This gave rise to demat account. A demat account is a storehouse of electronic copies of your shares. To be more specific, a demat account retains your stocks and securities in a digital format. This helps in secure, quick, and suitable trading for stocks. It's similar to a bank account. The only real difference being a bank account holds cash, and a demat account holds shares. Users who start demat account find it rather convenient to hold

 India has been always Known as the country of savers. For years, investors have chosen to invest their money in fixed income securities such as fixed deposits. This, investing in fixed deposit is very popular for earning guaranteed returns. However, due to Decreasing bank interest rates and better investment choices like equity and mutual funds, new creation investors decide to invest in market-linked products. But this does not decrease the significance of fixed deposits in your portfolio . FDs can be a good addition To your investment portfolio and here are some reasons why Investing in fixed residue is advantageous Reduce portfolio risk The key to wealth Production is the allocation of resources. Different asset classes like equity, mutual funds, gold, etc bring diverse yields on investment. For example, mutual funds give you money for the growth potential of equities over long term. To the contrary, fixed income securities like fixed deposits bring equilibrium as the returns are e

Earlier, shares were issued physically in the form of a Shares Certificate. When a person sold a company's shares, the certificate would be signed and sent to the buyer via a broker. The entire process would take a minimum of 15 days to complete and sometimes over a month. Therefore the floating shares could not be traded, or sometimes the broker would trade the shares without the client's knowledge.  To prevent these delays and frauds, the Securities and Exchange Board of India (SEBI) decided to dematerialize the shares of all companies. This gave rise to demat account. A demat account is a storehouse of digital copies of your shares. To be more specific, a demat account holds your stocks and securities in an electronic format. This helps in safe, fast, and convenient trading for shares.  It is similar to a bank account. The only difference being a bank account holds cash, and a demat account holds shares. Users who open demat account find it very convenient to hold, trade, in

Most of the investors find it comfortable to select and find their stocks, mainly due to the convenience provided by online trading. However, if you are not confident in investing the best stocks or are a beginner to the stock market, you can hire a stock broker. Selecting the best stock broker in India is a huge step as you cannot start trading without any sound knowledge of the financial market. This article is aimed at educating beginners regarding how to choose the best stock broker.  Firstly, it is worth remembering that your first broker is not necessarily your broker for life. You can switch to another broker anytime. However, you must start with an experienced broker as a bad broker will ruin your first experience in trading/investing. Below are a few tips that will help you choose top stock brokers for a pleasant investment experience. 1 . Research is the key Start with conducting your own research. Take recommendations from the expert investors and traders but do not follow

For years, trading in the financial market has been the prime opportunity for investors across India. With the introduction of new-age online trading platforms and tools like the free demat account, trading has become more profitable than ever.  Opening a demat or dematerialisation account is the first step you need to take to start investing in the stock market. You cannot buy or sell until you create a demat account. To open a demat account, you need to sign an agreement that gives specific power of attorney (PoA) to the broker. This article aims at guiding you regarding things to consider before opening a demat account. Kind of brokers If an investor wishes to enter the stock market and start trading can open a demat account with any reputed broking firm. Few companies also provide the service of free demat account opening. Broking firms are basically of two types- service broker and discount broker. A discount broker performs trading transactions in the securities and derivatives m