#Types of brokerage accounts
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#Lowest Brokerage Charges In India#Top Discount Brokers in India 2023#Open Demat Account with Lowest Brokerage#What are the types of brokers in India?#Best Full-Service Brokers in India
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How To Get Started Investing In The Stock Market
Educate yourself: Before investing in the stock market, it's important to educate yourself about the basics of investing, including the different types of investments, the risks involved, and how to build a diversified portfolio. There are many resources available, including books, online courses, and investment blogs.
Determine your investment goals: It's important to have clear investment goals before investing in the stock market. Are you investing for retirement, a down payment on a house, or to generate passive income? Your investment goals will help determine the types of investments that are appropriate for you.
Open a brokerage account: To invest in the stock market, you'll need to open a brokerage account with a reputable brokerage firm. Some popular options include Fidelity, TD Ameritrade, and Charles Schwab. When choosing a brokerage firm, consider factors such as fees, investment options, and customer service.
Build a diversified portfolio: Diversification is key to successful investing. By investing in a mix of stocks, bonds, and other assets, you can reduce your risk and increase your chances of long-term success. Consider investing in a mix of large-cap and small-cap stocks, domestic and international investments, and bonds with varying maturities.
Start investing: Once you have a brokerage account and have determined your investment strategy, it's time to start investing. Consider starting with a small amount of money and gradually increasing your investments over time.
WAYS TO INVEST
There are several ways to invest in the stock market, including:
Individual Stocks: This involves buying shares of individual companies on the stock market. You can buy shares through a broker or an online trading platform.
Mutual Funds: Mutual funds pool money from multiple investors and invest in a diversified portfolio of stocks. This allows you to invest in a variety of companies with a single investment.
Exchange-Traded Funds (ETFs): ETFs are similar to mutual funds, but they trade like individual stocks on an exchange. This allows you to buy and sell ETFs throughout the trading day.
Index Funds: Index funds track the performance of a specific index, such as the S&P 500. This provides exposure to a broad range of companies and can be a good option for long-term investors.
TOOLS TO START INVESTING
Online Trading Platforms: Many brokers offer online trading platforms that allow you to buy and sell stocks and funds. These platforms typically provide research tools and stock charts to help you make informed investment decisions.
Robo-Advisors: Robo-advisors are digital platforms that use algorithms to create and manage investment portfolios for you. They can be a good option for beginner investors who want a hands-off approach.
Investment Apps: There are several investment apps available that allow you to buy and sell stocks and funds from your mobile device. These apps are often designed for beginner investors and offer low fees and user-friendly interfaces.
PLATFORMS
A few popular options:
Robinhood: Robinhood is a commission-free trading app that offers stocks, ETFs, and cryptocurrency trading. It’s designed for beginner investors and offers a user-friendly interface.
Acorns: Acorns is an investment app that automatically invests your spare change. It rounds up your purchases to the nearest dollar and invests the difference in a diversified portfolio of ETFs.
TD Ameritrade: TD Ameritrade is a popular trading platform that offers stocks, ETFs, mutual funds, options, futures, and forex trading. It offers a variety of trading tools and research resources.
ETRADE: ETRADE is a popular online broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of trading tools and resources, including a mobile app.
Fidelity: Fidelity is a full-service broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of investment tools and research resources, including a mobile app.
INVESTMENT STRATEGIES
Value Investing: Value investing involves buying stocks that are undervalued by the market and holding them for the long term. This approach requires patience and a thorough analysis of a company’s financial statements and growth potential.
Growth Investing: Growth investing involves buying stocks in companies that are expected to grow faster than the market average. This approach often involves investing in companies that are at the cutting edge of technology or have innovative business models.
Dividend Investing: Dividend investing involves buying stocks in companies that pay a dividend. This can provide a steady stream of income for investors and can be a good option for those looking for more conservative investments.
Passive Investing: Passive investing involves investing in a diversified portfolio of low-cost index funds or ETFs. This approach is designed to match the performance of the overall market and requires minimal effort on the part of the investor.
Real Estate Investing: Real estate investing involves buying and holding real estate assets for the purpose of generating income or appreciation. This can include investing in rental properties, real estate investment trusts (REITs), or crowdfunding platforms.
Options trading: is a type of trading strategy that involves buying and selling options contracts, which are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset, such as stocks, at a specific price within a certain time frame. Options trading can be used to generate income, hedge against risk, or speculate on market movements.
Swing trading is a type of trading strategy that aims to capture short- to medium-term gains in a financial asset, such as stocks, currencies, or commodities. Swing traders typically hold their positions for a few days to several weeks, taking advantage of price swings or "swings" in the market. Swing traders use technical analysis to identify trends and patterns in the market, and they often employ a combination of charting tools and indicators to help them make trading decisions. They look for stocks or other assets that have a clear trend, either up or down, and then try to enter and exit positions at opportune times to capture profits.
TECHNICAL ANALYSIS TOOLS
There are many technical analysis resources available for traders to use in their analysis of financial markets. Here are some popular options:
TradingView: TradingView is a web-based charting and technical analysis platform that provides users with real-time data, customizable charts, and a variety of technical indicators and drawing tools.
StockCharts: StockCharts is another web-based platform that provides a wide range of technical analysis tools, including charting capabilities, technical indicators, and scanning tools to help traders identify potential trading opportunities.
Thinkorswim: Thinkorswim is a trading platform provided by TD Ameritrade that offers advanced charting and technical analysis tools, as well as a wide range of other features for traders, including paper trading, news and research, and risk management tools.
MetaTrader 4/5: MetaTrader is a popular trading platform used by many traders around the world. It provides a range of technical analysis tools, including customizable charts, indicators, and automated trading strategies.
Investing.com: Investing.com is a website that provides real-time quotes, charts, news, and analysis for a wide range of financial markets, including stocks, currencies, commodities, and cryptocurrencies.
Yahoo Finance: Yahoo Finance is a website that provides real-time stock quotes, news, and analysis, as well as customizable charts and a variety of other tools for traders and investors.
Finviz: is a popular web-based platform for traders and investors that provides a wide range of tools and information to help them analyze financial markets. The platform offers real-time quotes, customizable charts, news and analysis, and a variety of other features.
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Hey Bitches!
How long have you had Acorn? Do you still recommend it for first time investors? And for any particular type of account? On another note, do you recommend have both a IRA and a 401k? Or stick to one to start?
I've had Acorns for about 8 years and I still definitely recommend it for first-time investors. I think the basic brokerage account is all you need, but you can evaluate their checking/debit account and other products for yourself. Remember--personal finance is personal, and your needs might be different from mine!
Here's our Acorns sign-up link if you're interested (we'll get a kickback).
I definitely recommend you have multiple retirement accounts (both a 401k and an IRA or similar). It's the basic concept of not putting one's eggs all in one basket. I have a brokerage account, a 401(k), AND a Roth IRA and I'm very happy with the setup.
Here's more advice, my sweet lil bee:
How To Start Small by Saving Small
Cheat on Your Bank—It's Not Your Girlfriend
Dafuq Is a Retirement Plan and Why Do You Need One?
Did we just help you out? Tip us!
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Investing 101
Part 2 of ?
In my last post I explained what stocks are, why companies might want to issue shares and some of the types of stocks. I also explained dividends and why some stocks are called Growth and others called Value stocks. The next logical question is, "How do I buy stocks?"
For most beginning investors, their 401K or IRA is their first opportunity to purchase stock. My recommendation to my kids (which I followed myself) is to set your 401K withholding at least high enough to earn the maximum employer match. Most employers will match a fixed percentage of an employee's 401K withholdings up to a maximum amount. Not withholding at least enough to get the maximum employer match is like taking a salary cut. This is 'free money' from your employer but only you save enough to take advantage of it. 401K plans are almost always administered by a large brokerage firm and through that firm participants are offered a variety of investment options, some more limited than others. I will talk a bit more about the various investments options later.
If you're already investing in your 401K and you still have after-tax funds you'd like to invest (in stocks or other investments), there are a few options.
The simplest, lowest cost option is a direct stock purchase plan (DSPP) which enables individual investors to purchase stock directly from the issuing company without a broker. I've never done this, but it's possible and if you're a big fan of a company and want to be a long term investor, you may want to consider it.
The more common approach is to open an account with a Broker. From Investopedia, "Brokerage firms are licensed to act as a middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments. Brokers are compensated in commissions or fees that are charged once the transaction has been completed." When you open an account with a broker, they take care of all trading paperwork and send you investment reports and tax forms.
ETrade and RobinHood are examples of Discount Brokers (low cost, self-service). They execute your trades (buying and selling) for very low fees and include online resources for the investor to research investments. It is easy to set an up account online and start trading using their mobile apps.
Full Service Brokers like Morgan Stanley, Ameriprise, Edward Jones, etc. operate on the other end of the spectrum. These firms execute trades like the self-service brokers but their account relationships include the services of a Financial Advisor. Ostensibly, the Financial Advisor is periodically meeting with you to review your portfolio, rebalancing your investments to ensure continued alignment with your goals and risk tolerance and recommending investments to buy and sell. Financial advisors generally charge an annual fee of 1% or more of the value of your portfolio. These brokerage firms also have online investment research materials, but the idea is that the Financial Advisor is actively helping you steer the ship.
Alternatively, you can consult a Certified Financial Planner (CFP). These individuals can help manage your broader financial life (including investments, budgeting, insurance needs assessment, estate planning), though CFPs generally aren't brokers (i.e. they don't execute stock trades). Rather than charging a percentage of your portfolio as a fee, CFPs generally have a fixed hourly rate. That hourly rate might seem steep, but it is almost always less than the fee of a full service broker/Financial Advisor.
Assuming you're already investing enough in your 401K to get your employer match, which investing/broker relationship should you pursue? Because full service Financial Advisor fees are a % of your portfolio, these advisors tend to pursue relationships with wealthier clients. If you don't have a large portfolio, it can be difficult get the time/attention of a full service broker. (True story, 30 years ago a friend who was also our financial advisor fired Beth and I as clients when his firm raised its minimum portfolio threshold to exclusively service wealthy clients. I'd like to think he regrets that decision now.) A caveat to this is if your parents have an established relationship with a broker/advisor - then that advisor may be more enthusiastic about managing the adult child's portfolio. (Yes, this is an example of white privilege.)
If you're just starting out (ex <$100K portfolio), I think engaging a fee-based CFP 2-3x a year and opening a Discount Brokerage account is the way to go.
I know several investors with large portfolios who also prefer the Discount Broker strategy, however, because they loathe the idea of paying 1% of their portfolio every year to a financial advisor. There is plenty of research supporting this strategy for large portfolios... after all 1% every year really adds up. Over 20-30 years the 1% annual fee can be very expensive. Despite this, Beth and I have always used a Full Service Advisor.
Beth and I are both CPAs and financially literate, why would we pay the higher fees for a Full Service Advisor? We pay an advisor so we can sleep at night. When I was still working I checked my portfolio balance no more than once or twice a month. I check it more often now, but that's mostly because I simply have more free time. I've never spent any mental energy trying to research good investments. Most importantly, I've never had any emotional attachment to an investment. Every quarter or so we will meet with our advisor and he recommends investments we should sell, either because they haven't performed well or sometimes because they have performed well and have 'topped out'. I never feel any guilt or blame for investments that haven't done well because I didn't originate the investment idea when we bought it. I don't feel tempted to hang on to the investment in hopes that it will rebound and I will be proven right. I can be completely objective and devoid of emotion. And that's one of the reasons I've never lost any sleep over our investments.
Next installment - what to buy.
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Sorry i’m not American and i don’t understand what you mean by brokerage🥹 do you mind explaining?
Oh! Of course! It's like an investment account where you put money and select where you want your money to sit so your money earns or loses depending on the stock market. Typically when you open up a brokerage account you can select what stocks or options you want. You can choose something very basic that does all the thinking for you - like an S&P 500 index - it basically dips into different kinds of stocks and sets your deposits to be broken up by type of stock without you having to do it. It's pretty safe, and most people are unlikely to come out of it worse off. In fact usually you'll wind up making money. The more money you have in your investment brokerage account and the more money that accumulates the more dividends you make off that money each month.
It's a bit complicated to explain here on tumblr and I'm no expert but I know that other countries have similar things. Google might have better info for you than I do but I hope this helped!
xoxo
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Hi hi. Question: how does one start investing? Like, can I straight up go to the business' or a financial website and buy stock like that, or do I first need to open a special account to put my intended stock'ing money in? Do I need a middleman to move the money around, or can I do it myself?
Before you start investing, it's important to understand that investing involves risk and you could lose money. That being said, here are some general steps to help you get started:
Educate yourself: Learn as much as you can about investing. Read books, articles, and watch videos to get a basic understanding of how the stock market works, different types of investments, and strategies for investing.
Determine your goals and risk tolerance: Figure out why you want to invest and how much risk you're willing to take. Your investment goals and risk tolerance will help you choose the right investments for you.
Open an investment account: You'll need to open a brokerage account to invest in the stock market. There are many online brokers that offer easy account setup and low fees, such as Fidelity, Charles Schwab, and Robinhood.
Fund your account: You'll need to transfer money into your brokerage account before you can start investing. You can usually transfer money directly from your bank account.
Choose your investments: Once you have money in your account, you can start choosing investments to buy. You can buy individual stocks, mutual funds, exchange-traded funds (ETFs), and more.
Place your order: Once you've chosen your investments, you can place an order to buy them. You can do this online through your brokerage account.
Monitor your investments: Keep an eye on your investments and make adjustments as needed. The stock market can be volatile, so it's important to stay informed about your investments and be prepared to make changes if necessary.
While you can certainly invest on your own, it may be helpful to work with a financial advisor if you're new to investing or if you have a significant amount of money to invest. A financial advisor can help you develop an investment plan that aligns with your goals and risk tolerance and provide guidance along the way.
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retirement 101: a very basic guide.
This is instructions without explanations to keep it short. Think of this as a recipe; if you are an expert cook you don't need a recipe, if you are a good cook you can improvise around a recipe. if you are a novice, just follow the recipe to get a decent result.
1) If your employer offers a 401k/403b match, *take advantage of it*. Even if you need the money in the short term, this is a good deal - they are giving you extra money even after you pay an early-withdrawal penalty. Estimated spoon cost: 1 Certainty of advice: 100%. do this.
2) if you have credit card or other bad debt that you don't pay off every month, pay it down as fast as you can. if you have multiple debts, pay down the highest interest rate first. it is okay to have minimal savings if you're paying down a credit card - you can always pull money back out of the card. Estimated spoon cost: 1 Certainty of advice: 90%. Definitely pay off your bad debt, but maybe have an emergency fund first if you feel the need.
2a) if you don't have a credit card or if all of your bad debts are paid off, save in checking or easy-access savings until you have 3 months of expenses saved up. This is your emergency fund and your monthly expense fund. Estimated spoon cost: 0 Certainty of advice: 100%. do this.
3) if you have at least $3000 more than 3 months of savings, open an account at Vanguard (https://personal1.vanguard.com/mmx-move-money/funding-method). Pick Roth IRA for your first account type, and put $3000 - $6500 in it to start, as your available cash allows. This money will be mostly unavailable until you retire. The benefit is that you don't get taxed on money you get from the investments. You can put another $6500 in it every year. You'll need to select some investments. See below for instructions on that. Estimated spoon cost: 1 Certainty of advice: 90%. There are *some* other retirement companies that don't suck, you might want to use them (Fidelity and Charles Schwab are not terrible, for example)
3a) if you have pre-existing 401ks from prior employers or whatever, roll them into Vanguard IRA. If they are Traditional (not Roth) 401ks you will need to open a Traditional IRA at Vanguard to roll into. This process will almost certainly require calling the 401k custodian repeatedly, and having them send the money to either you or Vanguard. Estimated spoon cost: 8 Certainty of advice: 50%. Leaving the money where it is costs ongoing spoons of remembering and managing, and employer 401ks are often suboptimal in terms of fees and investment choices. But if it's a decent custodian and management is nbd, leaving it is okay too.
4) If you have more available money than that, open a Brokerage account at vanguard. This is an *uninsured* and *unsheltered* account - you will be taxed on it and there is the potential for it to be lost. You'll need to select some investments. See below for instructions on that. Certainty of advice: 90%. It is possible to lose money this way, but the upside outweighs the downside.
Selecting investments:
$3000 - $6000: just leave it in the money market default account. Estimated spoon cost: 0
$6000 - $12000: put $5000 in VTSAX and select VTSAX for future contributions. Estimated spoon cost: 1
More: put around 80% in VTSAX and around 20% in VBTLX and select that for future contributions. Estimated spoon cost: 1
Certainty of advice: 70%. These are decent choices but may not match your appetite for risk and/or retirement horizon.
5) continuing work: contribute up to $6500/year into your IRA. contribute as much as you can afford to lock up into your company 401k, up to $22500/year. If your bank account grows much past 3 months while doing those things, move some into your brokerage account.
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How Can NRIs Invest in India With NRI Services?
Non-resident Indians (NRIs) hold a unique position in the Indian economy. They are not only a valuable source of foreign exchange, but also a potential force driving the country's growth story. Navigating investments in India can be a bit confusing for NRIs. Understanding where and how to invest amidst regulations, tax implications, and diverse options can feel tricky, which is why, NRIs willing to invest in India can rely on NRI services, which make investing easier as per the rules set by RBI and SEBI under the Foreign Exchange Management Act (FEMA).
Where Can NRIs Invest in India?
NRI services encompass a range of financial solutions tailored specifically for non-resident Indians seeking to invest, manage their wealth, and connect with their homeland. It is vital to understand where NRIs can invest in India.
Equities
NRIs can invest directly in Indian stocks through the Portfolio Investment Scheme (PIS) by the Reserve Bank of India (RBI).
Mutual Funds
Investing in Mutual Funds offers various choices like Equity, Balanced, Bond, and Liquid Funds. Unlike direct equities, NRIs investing in Mutual Funds do not require PIS permissions from RBI. However, some restrictions may apply to NRIs from the US and Canada due to reporting regulations.
Government Securities
NRIs can invest in government securities on NRE and NRO basis, each with different tax implications based on the type of investment.
Fixed Deposits
Investment opportunities in fixed deposits are available for NRIs through Banks or Non-Banking Financial Companies (NBFCs), each with its tax implications based on the NRE (Non-Resident External) or NRO (Non-Resident Ordinary) basis. NRIs can also invest in Foreign Currency Non-Resident (FCNR) fixed deposits.
Real Estate
NRIs can invest in real estate except for certain property types like agricultural land, farmland, or plantations.
National Pension Scheme (NPS)
NPS, a retirement savings plan, offers tax benefits. Contributions can be made from NRE or NRO accounts, but the pension must be received in India.
Portfolio Investment Scheme (PIS)
PIS allows NRIs to trade in shares and debentures through a designated bank account. It helps regulate NRI holdings in Indian companies, preventing breaches of set limits.
How Experts Simplify NRI Services?
Experts like Samarth Capital simplify the investment process by providing guidance, ensuring NRIs make informed decisions aligned with their goals. Here’s how they make investing easy for NRIs.
Helping open NRE / NRO savings and PIS bank accounts.
Setting up brokerage and demat accounts for trade.
Monitoring your portfolio regularly.
Engaging tax consultants for compliance.
Understanding Taxes and Rules
For NRIs, it's crucial to understand tax implications in India and their country of residence. Compliance with the Double Tax Avoidance Agreement (DTAA) and filing taxes in India if taxable income exceeds the exemption limit is important.
Wrapping Up
Investing in India as an NRI offers diverse opportunities. With guidance and a grasp of regulations, NRIs can navigate this landscape effectively and make the most of available avenues. Samarth Capital, not only facilitates NRI investments but also helps foreigners invest in India with FPI services. So, whether you're an NRI or a foreigner, investment in India isn't a far-fetched dream anymore.
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Re Max Real Estate Business Cards Vertical With Photo Glossy
Marketing has become a huge part of real estate these days, particularly with everyone searching up each real estate and realtors on-line first more usually than not. If you imagine that advertising assists in you reaching a high dollar sale (we hope you do!), then it’s further essential that you do you due diligence and think about the above when selecting your subsequent real estate agent. Under designated agency, the company obligation of shopper confidentiality is owed on the level of the business member performing as the designated agent. The brokerage continues to be responsible for preserving client information confidential when dealing with third events. This duty also pertains to any unlicensed worker of the brokerage or designated agent. Printing materials is the key factor of the marketing for Real Estate Agents.
Your paydays depend on commissions and when gross sales close. As a real estate agent, it’s a good suggestion to set your individual goals, act as your personal boss, and reap all the rewards from your exhausting work. When you’re a real estate agent, there’s no limit to what you'll find a way to earn, but there aren't any guarantees either. Realty Products prints business cards of superior high quality and of varied types of horizontal, vertical, and extra. Select template, order, and we are going to print your corporation card in higher quality inventory paper, or select Magnetic Business Cards, that are the ultimate promotional software.
Here’s a step-by-step guide to becoming a real estate agent. Becoming a real estate agent is something you'll find a way to pursue and not utilizing a university or faculty degree, but you do need to be 18 or older and a highschool graduate. If the picture goes to show up small on a telephone display screen or business card then the viewer will need to be able to see your eyes. A full physique will make you look distant and standoffish. For small screens and cards it works properly to crop the picture just above the waist.
Enter the well-known “Shangri-la” by Westbank, amongst Vancouver’s most fascinating fashionable high-rises. This up to date 2 bed & 2 bathtub house features luxurious design particulars and a lot extra. Get free resources on tips on realtor business cards how to construct and grow your business from Ownr — straight to your inbox. The best e mail advertising strategies see you in your contacts’ inboxes frequently enough to be remembered, but not so much as to be annoying.
Most individuals who stop into open houses aren't already working with an agent. This is a superb time to supply them with details about how you can improve the home-buying process for them and cut back the period of time they spend searching. To acquire your license, you must first take and cross the programs to pass the examination. Many new agents don’t anticipate the expense of the actual start-up prices.
Each monetary situation is different, the advice offered is meant to be basic. Please contact your monetary or authorized advisors for data specific to your state of real estate agent business cards affairs. Once you realize your province’s requirements, enroll in a course. Many provinces provide both in-person and on-line choices for finishing the course. The number of course hours you should complete varies by province.
One second, they’re hosting an open house, and the next, they’re updating social media accounts and doing lead era. Most agents have to pay a charge to the brokerage they work underneath. Make sure any managing dealer you converse with clearly outlines the charges you pay. Once you pass the examination, you should take persevering with education programs to keep up your license. Many brokers additionally select to get specialty designations that permit them to market and target their companies to totally different segments of people.
We will care for everything off your arms ranging from design to printing the collaterals for you by your desired time. They have appointments, showings, open houses, conferences, listings to handle, and shopper databases to update real estate business cards daily. With only so many hours, time management expertise are a should. Time administration will allow an agent to maneuver ahead successfully without being overwhelmed.
The following listing offers examples of acceptable government-issued picture identification documents from federal, provincial or territorial authorities. You can use any of the 3 strategies described below to verify the id of an entity. While an entity could be a company, a belief, a partnership, a fund, or an unincorporated affiliation or group, corporations are topic to different necessities than different entities . All of the data the agent or mandatary referred to in order to verify the identification of the person, and the knowledge that the agent or mandatary confirmed as being that of the person . The data that the other RE or affiliated foreign entity referred to so as to confirm the identity the particular person.
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An international operation against a large-scale scheme for financial crimes, money laundering and violations of international sanctions against Russia is taking place in Sofia at the moment. According to BNT, it is the company NEXO.
The ownership of the company is related to a former member of parliament and the son of a former social minister from the NDSV political party.
The suspicions are that the Bulgarians behind the large company acted according to the scheme of Ruja Ignatova and the OneCoin pyramid led by her. The Bulgarian woman known as the "Queen of Cryptocurrencies" is in the top 10 most wanted persons by the FBI. Europol and Interpol are also on her trail.
Prosecutors, investigators from the National Investigation and SANS employees, together with foreign agents, have begun searches of the Bulgarian offices of the company that trades cryptocurrencies worldwide.
The company's operations were carried out from the Bulgarian capital, and depositors were invited to invest in bitcoins and other types of cryptocurrencies, with promises of high returns.
The interest rates that investors would receive were many times higher than those of classic banking institutions and various brokerage houses. There are reports that the owners of the company, who are Bulgarians, have appropriated part of the assets amounting to several billion dollars.
The investigation into the activities of the crypto company in Bulgaria began a few months ago, after foreign services detected suspicious transactions, which were reported to be aimed at circumventing the sanctions imposed by the European Union, Great Britain and the United States against Russian banks, as well as companies and citizens of the Russian Federation.
Georgi Shulev – representing Nexo, son of former Deputy Prime Minister Lidiya Shuleva;
Antoni Trenchev – co-founder and director of several Nexo companies, former MP from the DBG, Reform Bloc;
Kosta Kantchev – director of Nexo Bank;
Kalin Metodiev – co-founder and financial director of Nexo;
Sokol Yankov – representing Nexo;
The company, which Sokol Yankov currently manages, said that Yankov left Nexo in 2019 and has had nothing to do with the investigated group of companies since then.
Georgi Shulev's office stated to BNT that he participated in the founding of Nexo in 2018. A year later, however, he left the Nexo group of companies and is suing the co-founders in Great Britain.
According to the Bulgarian National Television, Georgi Shulev is currently being questioned as a witness.
The former MP from the Bulgarian political entity "Reform Bloc", Antoni Trenchev, and his partner in the cryptocurrency trading company Nexo, Kosta Kantchev, fled to Dubai already in the fall of last year, BNT reported. This came after allegations of particularly large-scale fraud were brought against Nexo by the prosecutors of eight US states.
Regulators in California, Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont have announced that they are suing crypto platform Nexo over tens of thousands of cases of fraud totaling at least 0 million.
Nexo claims to manage billion in digital assets.
In recent months, the FBI has been investigating the activities of the Bulgarian crypto platform due to data on a hidden hole in the amount of over 4 billion dollars from investors, due to illegal financial activity - granting loans in exchange for collateral, as well as due to reports of abuse of the securities and goods of its customers.
The DFPI announcement revealed that Nexo offered annual interest rates of up to 36% on deposited crypto-assets to investors, significantly higher than rates on short-term investment-grade fixed income securities or bank savings accounts.
More details about the police operation read here.
#nunyas news#I wonder how much of the global energy crisis#could be solved#by introducing a virus of some sort into all of the different#crypto curriencies#something simple like moving the decimal point in one#on the thermometer#so it reads 30 degrees instead of 300f
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Best Stock broker in India
Best Stockbroker in India
There are several benefits to choosing a reputed stockbroker in India. These include the fact that they offer a wide range of services. They also offer products for a variety of asset classes. In addition to this, they have a significant presence in different business and retail segments. Moreover, they have won several awards and were named as one of the most promising brands in India.
Parasram
Parasram is the best Stock Broker in India. PARASRAM, a renowned & customer focused Financial Market player, is among the top stock broking groups in India, having memberships of leading Stock Exchanges. The group is a Depository Participant with NSDL and CDSL. We are One Stop Financial Supermarket currently caters to more than 130,000 High Net-worth Investors, NRIs, Corporate and retail clients through nationwide web of branch offices and business associates.
Upstox
Upstox is one of the leading discount brokers in India. It offers a free trading platform and waives off the account opening fees. However, it does charge a fee for call & trade, auto square off, and research. There are also some downsides to Upstox, such as their lack of NRI trading options and monthly unlimited trading plans.
Upstox is one of the largest online brokerage firms in India and has been in business for 11 years. It provides trading in stocks, mutual funds, forex, IPOs, and commodities. It also provides important information for investors including market analysis, technical data, and equity derivatives. In addition, the company charges a low flat commission of Rs20 per trade, which is considerably lower than other online brokers in the country.
Motilal Oswal
The following article compares Nj Wealth and Motilal Oswal, two full service brokers in India. We compared brokerage charges, trading platforms, customer support, and complaints to see which one is better for your needs. Nj Wealth has a reputation for being the best broker in India for investors, but if you're looking for an affordable option, Motilal Oswal is the way to go.
Motilal Oswal offers several different types of products for retail investors. In addition to stock trading, investors can also trade in a variety of commodities including bullion and agro commodities. These products are available on the MCX and NCDEX.
Sharekhan
Sharekhan is a 21-year-old trading platform with over 2 million registered clients across India. It offers a range of products that help investors create a diversified portfolio. The platform also provides guidance and relationship managers who help clients with their investing. Furthermore, the website offers market news updates, auto investing, and learning resources.
Sharekhan is a subsidiary of BNP Paribas and is regulated by the Securities and Exchange Board of India. Sharekhan is also one of the oldest online brokers in India. It is part of the global BNP Paribas group, which is a publicly listed company. It is crucial to research a broker's background before deciding which one to use.
Sharekhan offers full service stockbroking and a range of investment and trade products. Its large network of branches covers more than 600 cities throughout India. The company is also renowned for its high-quality customer care and support. Sharekhan also offers excellent online trading platforms.
Zerodha
Zerodha is a discount broker that's fast gaining in popularity. They offer a variety of investment options, including stocks and futures. The company is registered with the Securities and Exchange Board of India, which means that they're regulated by the government. In addition, Zerodha offers educational resources that can help new investors understand the basics of investing.
Unlike other brokerage firms, Zerodha offers a digital platform for investing. You can open an account within 24 hours, and use Aadhar-Esign to speed up the process. You'll also need to submit income proof, a net worth certificate, and a form 16 acknowledgment.
Angel broking
Angel Broking offers multiple services to its clients. It is headquartered in Mumbai and has over 11,500 offices throughout India. Founded in 1987, Angel Broking makes money through the brokerage fees it charges on each trade it executes. These fees are part of the brokerage the client pays for the services he or she receives. In addition, Angel Broking offers free research tips and excellent offline support.
Angel Broking is a regulated broker and follows the National Commodity and Derivatives Exchange Limited (NCDEX) and Multi-Commodity Exchange of India (MCX). The company is a custodian of the CDSL, which regulates the brokerage industry. However, Angel Broking does not offer any form of segregated account or financial compensation in case of ruin. Clients can deposit and withdraw funds using their bank accounts or via a debit card.
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Corey Craigie, CØMPASS REAL ESTATE
CARPENTER | KESSEL REAL ESTATE
Serving Central Florida with their Real Estate needs for ten years. Working in Brevard County and it's surrounding areas, helping both Sellers and Buyers achieve their investment goals in a timely manner. Living here my whole life has given me the knowledge to best serve both Buyers and Sellers backed with a proven track record of excellence and market domination.
THE LUXURY OF KNOWLEDGE
Our agents share their knowledge, spheres of influence, contacts and expertise, ensuring you better representation and a true competitive edge while selling your home. Our promise to you is that we will work tirelessly to get you the most money for your home in the shortest amount of time.
MEET YOUR TEAM
Our group of seasoned professionals knows its unfeasible for a single agent to properly execute on all of the moving parts that go into selling your home. That's why we dedicate a team to represent you, your home, and your buyers.
YOUR SUCCESS IS OUR SUCCESS
It doesn’t cost more to have a team like us working for you so why risk your investment?
Our greatest successes come from helping homeowners just like you get the most money for your home sale in the shortest amount of time, with the best experience possible.
WORK WITH US
Learn the strategies used by the proven market leader in Brevard County & Indian River home sales. Sell your home with confidence.
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We believe the consumer deserves a better real estate sales experience Shunning the way traditional real estate is practiced, we are raising the bar as far as the type of representation people are receiving. With leading edge technology, in depth market knowledge, innovative property presentation, a powerful global network, multimedia target marketing, discreet personal service, and expert contract negotiation.
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Carpenter | Kessel Real Estate Advisory Team agents are affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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Know All About Stock Market Trading
For many people, the stock market is a scary and confusing place. But with a bit of knowledge at the no. 1 stock market training institute in the world, it doesn’t have to be! You can get a comprehensive explanation of all the trading concepts by reading further.
What is the Stock Market?
The stock market is where stocks and other securities are bought and sold. The stock market can be used to measure the performance of a whole economy or particular sectors.
How Does Stock Market Trading Work?
Stock market trading can be confusing and complicated for those new to it. So here, we’re going to give a brief overview of how stock market trading works.
Trading can help you get a bit of ownership in various companies. So when you buy a stock, you buy a piece of that company.
The price of stocks is constantly changing. It’s influenced by supply and demand, as well as by news and events affecting the company or the overall economy.
Stock market trading happens when buyers and sellers combine to trade stock prices they are willing to accept. There are many ways to trade stocks, but most trades happen through brokerages.
A broker is simply a middleman that connects buyers and sellers. For example, you’ll place an order with your broker when you want to buy or sell a stock. He will then match you up with someone who wants to trade the opposite way.
What are the Different Types of Stock Markets?
There are three types of stock markets: primary, secondary, and tertiary. The primary market means the place where stocks are first sold to the public.
In the secondary market, stocks are bought and sold after they have already been issued. Finally, the tertiary market is where stocks are traded between institutional investors.
The Benefits of Stock Market Trading
The stock market offers many benefits for those who choose to trade stocks. For one, trading stocks can provide an excellent opportunity to make money.
With the right strategy, traders can earn a significant profit from their trades. Additionally, the stock market can provide a good way to diversify one’s investment portfolio. Investing in different types of stocks can minimize their risk and maximize their potential returns.
For many people, the thrill of the market is one of the main reasons they choose to trade stocks.
How to Begin Stock Market Trading
Are you thinking about pursuing a crash course at the no. 1 stock market training institute in Pune? Gaining trade knowledge can help you invest in more companies. It can be a great way to invest your money and grow your wealth.
But where do you start?
Some things should be considered before getting started in stock market trading. First, you need to understand how the stock market works.
Once you understand the basics, you need to find a broker. A broker is someone who buys and sells stocks on your behalf. You can make use of an online broker, or work with a traditional broker at a brick-and-mortar brokerage firm.
Once you have a broker, you need to open an account with them. This is where you will deposit money to buy stocks. Your broker will guide you in choosing stocks, and they will execute trades for you.
Stock market trading can be a great way to grow your wealth. But it’s essential to educate yourself before getting started. Use resources like books, articles, and online courses to learn the basics. Then, find a broker and open an account to begin trading.
Different Jobs In Stock Market
There are so many jobs in the stock market. For example, some people work as stockbrokers, while a trading company may employ other kind of roles such as research and analysis, financial analysts, investment advisors, financial advisors, and more.
Conclusion
If you’re considering getting stock market training, choosing BSM, the no. 1 stock market trainer in Maharashtra, is an ideal option. Remember to always conduct research before getting into investing, and never invest more than you can afford to lose. With a little bit of attention and knowledge, stock market trading can be a great way to make some extra cash.
#share market#stock market#stock trading#investment#online share market classes#stock market training institute
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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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What is options trading for beginners?
Besides stocks, there is a growing interest in options trading. Options are financial contracts that derive their values from an underlying asset, such as stocks, ETFs, bonds, etc.
Options trading involves buying or selling underlying assets at a fixed price on a future date.
Options trading can be more complex than trading stocks. When you buy stocks, you fill an order for the number of shares you want to purchase. Your broker executes the trade at the prevailing price or the price limit set by you. But options trading requires understanding advanced strategies and knowledge of asset price movement.
How does options trading work?
When traders buy or sell options, they have the right to exercise the options at any point before their expiry date. But simply obtaining an options contract doesn't require one to execute its terms at expiration. Due to this feature, options are regarded as derivative securities. It also means that, unlike shares, options don't represent ownership in a company. The market price of the options is, therefore, the proportion of the underlying asset price.
How to trade options
Open an options trading account: Brokerage firms will screen probable options traders for their experience, understanding of risks, and financial preparedness. They will note these factors in the options trading agreement. The broker will ask you for,
Investment objective
Trading experience
Financial details
Types of options you want to trade
The broker will assign you an initial trading level based on the answers.
Nowadays, you can open an options trading account online with brokers like Angel One.
Pick options you want to buy: You can select from the available options contracts in NSE. For your understanding, a call option gives you the right to buy an underlying asset at a fixed price on a future date. A put option allows the holder rights, but no obligations, to sell underlying stocks at a predetermined rate on a future date. The decision to buy a call or put option will depend on your understanding of asset price movement.
If you expect the asset price to rise, you will obtain a call option. Conversely, you'll buy a put option when you expect the asset price to fall.
Predict option strike price: An option only remains valuable if the underlying asset price finishes close to the strike price on expiry or the contract is 'in the money. It means above the strike price if it's a call option and below the strike price in case of put options. You'll want to buy options with a strike price that reflects where you expect the stock price to move during the option's lifetime.
The price you pay for an option is the premium. It has two components - time value and intrinsic value. The higher the premium, the lower your profit.
Determine the option time frame: Every option has an expiration period or the last date you can exercise your rights. The expiry date is not random. The option's expiry date in India is fixed on the last Thursday of a month. Options are not suitable for long-term investment. Options traders bet on the short-term movement of the asset price. Hence, options are available for 1-month, 2-month, and 3-month duration.
An option's time value decay as it moves close to the expiration date. If you don't monitor the movement of the asset price or don't execute the option on time, it may expire worthlessly.
Now trade options with angel One. Open an options trading account and start investing.
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What is a Crypto Exchange Platform and How Does It Work?
Crypto Exchange Platform encourages crypto trading in return for digital assets or traditional currencies. They act as a median between a buyer and seller with a commission charge or transaction fee. UnoCoin, CoinSwitch, CoinDCX, and Kuber are a few examples of operational online exchanges in India.
Besides trading digital currencies for other cryptocurrencies, an investor can exchange them for fiat currencies or traditional money( dollars, euros, or rupees) through an online exchange. They can transfer that amount to their bank account and withdraw them later from their local bank.
Work of Crypto Exchange
As already discussed above, crypto exchanges are like brokerage firms that act as a central entity between a buyer and seller during the crypto trading process. It lets the traders transfer their money using various means like debit/credit cards, bank transfer or UPI, etc. Although it charges some amount as a commission fee for every successful transaction with their services.
First things first, a buyer or an investor needs to choose the right exchange platform for themselves. This process will need research work about that chosen platform like its profile, history, credibility, etc., and things that benefit it will help your trading journey.
The next step is fairly simple which is trading account registration setup. Go to the selected Crypto Exchange Platform’s website or download their Android/iOS application (if they have any) for account creation. You would need your email address, phone number along with a security password for that purpose.
After that, you would receive an email verification request to that address and ask for KYC details. Click on that verification email link to complete the KYC process. Set a password and you are ready for trading in the crypto market. Also, make sure to not lose any login credentials like account name or password as it might never get recovered.
You can learn more about various Crypto Exchange Platform types, and their work process from reputable Crypto Exchange Development Company. We will help you decide which platform to get started with for crypto trading.
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