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Showing posts from September, 2024

Market Update: How the Market Performed in the Third Week of September

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It was evident that there was significant movement within the financial markets in the Third week of September 2024, due to economic and geopolitical factors with the availability of information and corporates’ earnings announcements. These factors are evident in the performance of major indices, bond yields, and commodity prices. Now let’s look how the markets performed during this crucial week for trading. Equity Markets: The share markets in the U. S. had a mixed week, and most of the leading stock market indices were up and down. The S&P 500 ended the week with fairly moderate appreciations, which is somewhat indicative of the optimism that prevails in the market. It advanced by about 0. 6%, mainly on the back of favourable economic indicators and strong performance from several sectors which form the backbone of the economy. Technology was among the best performers the fact being that most of the large technology companies delivered better than expected results. On the other

Mistakes That Might Be Causing You Loss in Your Investments

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There is no question that investing can be one of the best ways to build wealth over time. Regular investors, too, can make similar mistakes that result in substantial losses. Regardless of your level of experience as an investor, avoiding many common investment errors will go a long way toward helping you reach all your financial goals. In this blog, you will learn about the 5 mistakes people usually make. Here are some key errors that might be causing you losses in your investments. Mistakes That Might Be Causing You Loss in Your Investments 1. Lack of Research and Planning A common mistake that people make, especially when investing, is diving in without adequate information or strategies. Most `invest’ without researching the market and determining their needs, preferences, and capabilities, or following trends, a friend’s advice, or their feelings. Lack of knowledge regarding the financial assets or the market in which they operate may contribute to incorrect decisions and therefo

Impact of Rising Interest Rates on Home Loans in India

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In today’s world The customer wants to buy the house of their family or individual safety planning to secure their future. But the scenario is that the inflation is highly impact on their purchasing power so the user wants to buy a home from the home loans. Some few criteria which is impact of rising interest rate on homes in India: -   Affordability- The user thinks about how to afford for their house through home loans but the rising home loans impact on their choices. The affordability can come if the buying power of user is high  Decreases in demand- The decreases in demand due to rising home loans also impact on it whereas the buying power of consumers are high then then impact on opposite of it.  Sell homes with more difficulty- The sell of homes with more difficulty with the rising interest rates on home loans in India. People do not engage themselves to sell the homes.    Reduced home sales- When the rising interest rates on homes loans In India then the reduced of home or w

Essential Tips for Growing Your Emergency Fund

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An emergency fund is one of the most crucial foundations for building a strong financial future. It is always said that life has no guarantees. That is why, when planning for your financial future, it is always useful to have some money set aside to cater for any emergencies that may occur. Nevertheless, establishing and accumulating an emergency fund can be quite challenging, especially for those who are in the early stages of developing their fund. After reading this article, let me share with you some important tips on how to manage your savings correctly to equip yourself for life’s uncertainties. 1. Set a Clear Goal The first step of expanding the emergency fund is to decide on an amount that needs to be set aside. The commonly recommended amount is between three and six months of living expenses. This should include basic living expenses such as rent/mortgage, utilities, food, transport, and insurance. If your source of income is unpredictable or you are the breadwinner of the fa