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#Brokerage accounts
dailysipcalculator · 2 months
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Smart Money Moves: Practical Budgeting Strategies for Financial Success
I. Understanding Your Financial Situation Assessing Income and Expenses Start by calculating your total monthly income after taxes. List out all your fixed expenses like rent, utilities, and insurance. Don’t forget to include variable expenses such as groceries, entertainment, and shopping. Tracking Spending Habits Use budgeting apps or spreadsheets to monitor where your money…
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kc22invesmentsblog · 8 months
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Demystifying Brokerage Accounts: A Comprehensive Guide for Beginners
Written by Delvin Have you ever found yourself intrigued by the world of investing but unsure of where to start? Look no further! In this comprehensive guide, we will demystify brokerage accounts and provide beginner-friendly insights to help you embark on your investment journey with confidence. Whether you’re a complete novice or have dabbled in investing before, let’s dive into the…
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roseband · 6 months
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i mean this in all seriousness.....
every bonus and raise i get at work is cuz i taught myself adobe automation tools and javascript for adobe (even though i took cs in hs like, i could not find a class in what i wanted so i just had to self teach it)
but the only reason i self taught that was cuz i was overly obsessed with kpop
so as long as all my savings accounts are where they should be (percentage of income-wise)... so like 401k, emergency fund, down-payment fund.......(which.....are all invested and/or in high yield 4.5% monthly compounding interest accts and are making their own money)
i can just dump all my disposable income into kpop because if i wasn't unhinged about kpop, i would not have this much disposable income lol
i feel like this is 100% an original meaning of girlmath moment tbh
#personal#i mean i also.....budget like a crazy person and save like....20-25% of my yearly gross income lol#and was doing that when i was broke too......bc im nuts and also bc the same reason my mom was nuts abt saving#(my mom was afraid shed have another stroke so she saved sooo much for retirement...and then did have to#retire early....but not bc of stroke but bc she also had CANCER what the actual fuck#like shes never done drugs and barely drinks and was a professional dancer which is like...a literal athlete..#thats NOT FAIR)#soooo she taught me how to save and invest super early lol.....like she....had me put my#bday money in an investment account every year and i was only allowed to spend interest#(explaining interest on a CD to a 8 year old by saying its a free GBA game lmao)#that was literally how she explained the $30 of interest the cd made i was like...ooo free!! i like free free is good!!#i have like.....enough to cover 2 months of basic bills (not including paychecks coming in) in checking#and then everything else is invested or in high yield.....#im so mad rn bc my 401k isnt doing that great tho....like my high yeild and my brokerage accounts are doing better#like the 401k is pretaxed and i get a very generous employer match of 5% instead of 3% so its worth#putting the money there instead of having it in my paycheck and putting it with the broker#buuuuut its annoying me#like im definitely getting more overall out of putting in 401k....but i wish it was making the same interest as my brokerage is
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mandotsecurities4 · 2 months
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Start trading at Low Brokerage Open Free* Demat & Trading Account Easy Mobile Trading App Lowest Brokerage Expert Research Advice Personal Dealer Support Call now- 0731 6620000 Website: www.mandotsecurities.com
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darshnamandot26 · 2 months
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Mandot Securities | Lowest Brokerage Company | Open a Trading Account
Mandot Securities provides online share trading in india, lowest brokerage comany, online stock trading in lowest cost and open a trading account.
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srishtimandot12 · 2 months
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Mandot Securities | Lowest Brokerage Company | Open a Trading Account
Mandot Securities provides online share trading in india, lowest brokerage comany, online stock trading in lowest cost and open a trading account.
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nks1194 · 1 year
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👍सबसे अच्छा शेयर मार्केट टिप्स👌
#investing #technicalanalysis #tips सबसे अच्छा शेयर मार्केट टिप्स कौन सा है ? Bandhan Bnak Buy target Rs240Fir Educational Purpose Only पुरुष ‍🦰/ महिला नि:शुल्क शामिल होंhttps://youtu.be/PF1sESnF6VEरिलायंस Rs 200-250/Achttp://dbo.rsec.co.in/DIY/#!referralLinkUser/10166Tradesmart Demat Ac Rs 100-200http://tradesmartonline.in/?referrer_id=YBHN332एंजेल वन 👇 रु…
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HUGE LOT FOR SALE - 208 HECTARES IN CEBU, PHILIPPINES - READ ALL ABOUT IT HERE
HUGE LOT FOR SALE – 208 HECTARES IN CEBU, PHILIPPINES – READ ALL ABOUT IT HERE
🔹Looking for bigger lot in Cebu Philippines? Cebu 208 HECTARES LOT FOR SALE!👍Perfect for solar plant, Agri development, Farming Development, Breeding for international animals or any big development in Cebu Location: Tabogon CebuLot area: 208 HectaresPrice: ₱350.00 per sq m🔖Tax dec🔖Clean Papers🔖No Tenants👍100% Flat Terrain👍Along Barangay Road NOTE: 👀For interested buyer pls send your Letter of…
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sharemarketnews01 · 2 years
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Demat account: Features, Types and Benefits
The first step is always important when you start investing in the share market. It involves opening a Demat account to hold all your investment securities in the digitised form. Finding a suitable Demat account service provider is as critical as making sound investment decisions. If you are not sure where to start your search, worry not! We will clear your doubts regarding the Demat account opening. 
What is a Demat account?
Demat stands for dematerialised. A demat account holds shares and securities in electronic form. It also helps you track all your investment activities in shares, ETFs, bonds, and mutual funds in one place. 
Advantages of a Demat account
It is a digitally secured way of holding your investment securities 
Demat account eliminates chances of theft, loss, forgery, and damage to physical certificates 
It facilitates the quick transfer of shares 
Eliminates paperwork and stamp duty 
Simplifies the process of adding beneficiary 
It streamlines the process of share investment 
The online method of Demat account opening is simple and fast
Types of Demat account
There are three major types of Demat account services available in the market.
Regular Demat account
 The standard Demat account is available to all resident Indian investors. You can use this account for investing in shares, bonds, ETFs, and mutual funds. The charges depend on the subscription type and the volume that is there in the account.
Repatriable Demat account
It is a Demat account suitable for NRIs investors who want to invest in Indian shares from anywhere in the world. A repatriable Demat account allows NRIs to transfer funds to any foreign country and is linked to their NRE bank account.  
Non-repatriable Demat account
It is similar to the repatriable Demat account but doesn’t allow the transfer of funds to foreign accounts. You must link this account to the Non-resident Ordinary Account (NRO).
Besides these three major types, SEBI, in 2012, introduced another type called the Basic Services Demat Account or BSDA.  
What is BSDA?
It is a special type of Demat account introduced by SEBI for small investors. It requires much less of an investment compared to regular Demat accounts. 
Here are the benefits of the Basic Services Demat Account. 
It eliminates the charges imposed by the DP to mail a physical statement of your account
The dematerialisation charges have got removed
Annual maintenance charges, which can be between Rs 600 and 800 depending on the DP, are eliminated
Demat account charges 
While discussing Demat account charges, let’s see what it will cost you to invest.
Account opening fees
The account opening fee is a one-time initial expense charged by the DP. The actual rate depends on the DP. Most DPs now offer free Demat account openings to stay in the competition. However, additional charges like stamp duty, GST and other statutory levies will still apply.
Annual maintenance charges (AMC)
The DP charges an annual fee for maintaining your account and offering continuous service. It can range anywhere between Rs 300-900. Each depository has its specific guidelines regarding AMC changes. However, some DPs have now waived off the AMC to become more affordable.
SEBI has made Basic Services Demat Accounts AMC free if the volume in the Demat account is less than Rs 50,000.   
Custodian fees
It is a one-time fee charged by your broker to pay to the depository. Often it is paid directly by the company to the depository, which is NSDL or CDSL. 
Transaction fees
A transaction fee is a brokerage charge collected by the DP for each transaction by the investor. Some brokers have now waived transaction fees for delivery equity transactions. 
Final words 
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hmatrading · 12 days
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Are you tired of feeling overwhelmed by confusing brokerage charges when trading online? Wondering how to calculate and compare brokerage fees accurately without all the guesswork? Look no further! In this blog post, we will delve into the world of brokerage calculators and show you how they can simplify your life as an investor. Say goodbye to hidden costs and hello to transparent pricing with our comprehensive guide on understanding and utilizing brokerage calculators effectively. Let's dive in!
Source - https://www.apsense.com/article/calculate-lowest-brokerage-charges-online.html
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priyashareindia9 · 27 days
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For traders who seek to invest in the stock market and know about the basics of stock trading, one of the important trading things to know is about the Demat account and the Trading account and their differences. Both of these accounts are important to trade daily.
First of all, you must select a stockbroker to trade in the stock market. This stockbroker should be able to fulfil your trading requirements. Despite that, online trading depends upon your Demat and Trading account. If not planned properly, it can harm your holdings.
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ellipsysfinancial · 1 month
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Futures contract:- Ellipsys Trading, with its service for commodity & futures trading company which provides Futures contract options trading in Dubai UAE. With our Trading tools, start trading future currencies, metals, indices, energy etc. with Futures brokers. To view more info visit us: https://www.elpmarkets.com/futures.html
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aadityawealth · 1 month
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What is Forex Trading and How Does it Work?
You want to know what is Forex Trading and How Does it Work? Here, Aaditya Wealthon provides all info about best forex trading platform & forex trading account opening in India. Like, Benefits of Forex Trading, How to Start Forex Trading, etc. Visit our blog to get detailed information on Forex Trading!
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just2bruce · 2 months
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IKEA asks courts to intervene as Convoy's unpaid truckers send flurry of invoices
Convoy truckers can't get paid for IKEA runs
When the freight broker Convoy went into bankruptcy, apparently they walked away from paying many truckers for loads already carried. The individual claims weren’t too large, and as creditors they would be far down the line in a bankruptcy proceeding. Quite a few of the truckers were carrying for IKEA, the giant home goods retailers. The estimate is somewhere around $500K owed to truckers for…
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gcl-broking · 2 months
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Your Gateway to a Smarter Financial Future
At GCL Broking, we're more than just a broking company in Jaipur. We're your trusted partner, empowering you to achieve your financial goals through smart and informed investing. Whether you're a seasoned trader or just starting out, we offer the tools, resources, and expertise you need to navigate the dynamic world of the stock market.
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Open Your Online Demat Account with Ease
Forget the hassle of paperwork. With GCL Broking, opening an online demat account is simple and fast. Our user-friendly platform allows you to begin your investment journey in minutes, giving you direct access to a wide range of stocks, mutual funds, and IPOs.
Ready to unlock your investment potential?
Open your online demat account with GCL Broking today and discover a world of opportunities.
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aadityawealthonblogs · 2 months
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Everything to Know About Reporting F&O Losses in Income Tax Returns!
Declaring F&O losses on the income tax return (ITR) is considered to be of immense prominence in terms of financial compliance. Knowing the taxation regulations governing these transactions is essential due to the popularity of derivative trading and futures. In this tutorial in this guide, we'll take a look at how to report F&O loss in ITR, offering valuable insight to Indian investors who are navigating the world of tax filing for income and how derivatives are taxed.
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What are Futures and Options?
Futures and Options (F&O) are financial instruments that permit investors to purchase or sell assets at a specific date and price at a future date. In the F&O market in India, F&O facilitates price detection and helps in hedging against the market's volatility.
You should know its risks when you open an F&0 trading account. For purchasing or selling an asset in the Future & Options contracts, it allows the option, however, not the obligation, to purchase and sell assets. F&O trading is risky, with inherent dangers such as market volatility and the risk of sustaining large losses.
Understanding F&O Losses in ITR
Understanding F&O loss in income tax return procedure is essential. F&O losses are caused by trading derivatives, particularly those involving options and futures. To be used for income tax return (ITR) reasons, F&O losses are considered non-speculative business losses. Tax implications for F&O losses within Indian circumstances are unique from other investment losses.
As opposed to losses or capital gains resulting from selling stock and equity mutual funds, F&O losses aren't classified in the same way as losses from capital. They are instead treated as losses of business under the category "Profits and Gains of Business or Profession" on the ITR format.
Selecting the Right Form for F&O Losses in ITR
The right choice in the Income Tax Return (ITR) format is essential for Futures and Options (F&O) traders who must declare F&O losses. The form of selection is based on the nature and scope of the trading activity.
1. Knowing ITR Forms: It's crucial to know that various ITR forms are available to cater for different types of income, such as salary, property for sale capital gains, and professional earnings.
2. ITR-3 for Business Activity: It is for individuals and Hindu Undivided Families who engage in F&O trading as a commercial activity; ITR-3 is the appropriate type of form. The form was designed to record business-related earnings and losses, including those incurred by F&O trading.
3. ITR-3's Scope ITR-3: ITR-3 is comprehensive and contains sections on reporting the gains and profits earned from the profession or work, income from pension or salary or house properties or other sources, earnings from different sources, and income from capital gains.
4. ITR-2 for Investment: When F&O trading is viewed as an investment by individuals and HUFs, they must select ITR-2. The form was designed to track income and losses from investments, in addition to other categories of income.
5. ITR-2's Scope ITR-2: ITR-2 covers various income sources, like pension and salary income, multi-house properties, capital gains/losses, agriculture income, foreign assets/income that exceeds Rs.5000 and others.
6. Professional Guidance: Due to the difficulty of tax laws and the grave consequences of wrong decisions, seeking professional assistance in deciding on the ITR form is generally recommended. Aaditya Wealthon is a top stock market broker in India that offers exceptional taxation services. If you want to help how to save tax using your demat account, feel free to call us today.
7. Be Aware of Deadlines: It's essential to be mindful that the tax return deadline in India is typically on the 31st of July each year. Extensions may be granted in specific circumstances.
8. Be Well-Informed. Keep Up-to-date: Tax rules and laws may vary from year to year. So, being aware of the changes in tax laws is crucial for avoiding compliance problems.
Conclusion
Taxpayers must report F&O losses on their tax returns to avoid discrepancies and penalty charges. By following the appropriate rules and working with a tax professional, taxpayers can efficiently and precisely file their F&O loss and remain in compliance with the tax laws.
Aaditya is a leading stock brokerage firm offering a comprehensive range of services, including opening demat accounts, IOP accounts, trading accounts, stock advisory services, etc. We offer the lowest brokerage charges in India for trading. So, whether you are looking to invest in SIP or gold or simply want to learn to improve your investment portfolio, contact us today.
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