Ever wondered how you can buy stocks without a broker , and can sacve the brokerage . here below find out some easy ways to do so ..... "Man with Money Bag" Although the most popular and functional way to buy and sell investments, opening a brokerage account is not absolutely necessary. Many investors aren't aware of the alternative ways to acquire stocks and mutual … [Read more...]
Archives for 04/11/2009
Bonds 101
What Are They? Say you are in the grocery store with a friend on a Thursday afternoon and see something you need for your house; a broom for example. Although you get your paycheck the next day, you ask your shopping buddy to borrow a few dollars so you can purchase the broom now, in return for which you will not only pay them back tomorrow, but buy them dinner as well. Your … [Read more...]
Things to Look for in an Investment
New investors are often interested in purchasing a company's stock but are not very sure about the steps to be taken for profitabl deal.These four characteristics should serve as helpful guidelines in your search for a good investment. alwayts kep in mind the following questions before deciding on the purchase of the share : 1. What is the price of the entire company? When … [Read more...]
529 Plans:concept
With the rise in college education expenses , more and more parents are trying to offset some of the cost by putting money aside to help pay for their child’s education. In 1996 the 529 plans were created to provide some tax benefits for those who are trying to save money for higher education. How a 529 Plan Works? 529 plans are state-sponsored , but the underlying … [Read more...]
Ways to Reduce Your Tax Liability By 20%
Ways to Reduce Your Tax Liability By 20% Tax rebate under Section 88 is available to an individual and HUF. The following are the investment schemes which qualify for deductions from tax payable at a flat rate of 20% of the contributions made. The aggregate contribution to all these schemes qualifying for deduction is subject to a ceiling of Rs. 60,000. Contribution or … [Read more...]