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Forex trading, commonly referred to as foreign exchange trading, is the world’s largest financial market.More than $7 trillion worth of transactions take place here daily.In this market, one currency is bought and another is sold. For example, if you believe the value of the US dollar (USD) will rise against the euro (EUR), you can … Read more
A savings account is the first and most essential step in everyday life. It not only keeps your deposits safe but also provides immediate service for both small and large financial needs. In this article, we will explain in simple terms what savings accounts are, their types, benefits, how to open one, and how to … Read more
SIP, or Systematic Investment Plan, is a simple and disciplined way to invest in mutual funds. In this, you invest a fixed amount every month or week, rather than investing a large sum all at once. This method is especially beneficial for those who want to build a large corpus by making small investments over … Read more
A Fixed Deposit (FD) is an investment option in which you deposit a fixed amount of money with a bank or financial institution for a fixed period of time, earning a fixed interest rate.This method is popular among those seeking safe and stable returns. FDs are a good option for those who are risk-averse. How … Read more
When a company or government needs a large sum of money to complete its projects, it can raise funds through several methods. One easy and reliable method is issuing bonds. The government or company issues bonds, which investors purchase, thus raising funds from the market. Why do companies issue bonds? Companies issue bonds for several … Read more
Finance is a term related to money management. Simply put, finance means managing, investing, and using money wisely. Finance helps us earn and grow money. Whether it’s an individual, a business, or a government—everyone needs finance to utilize their financial resources in the right direction. How does finance work? Finance works as a system in … Read more
Investing means putting your money in a place that will give you a higher return in the future. This is different from simply keeping your money in the bank, because investing allows your money to grow over time. The goal of investing isn’t just to become rich, but to achieve financial security. It’s a smart … Read more
Cryptocurrency is a digital currency that is completely internet-based. It is not controlled by any government or bank, but instead runs on a technology called blockchain. Cryptography is used to secure transactions. Cryptography technology is very secure, making it impossible to counterfeit or duplicate. When did crypto begin? Cryptocurrency began in 2009, when the first … Read more
Every day, something new emerges in the world of investing. One such method is an ETF, or Exchange Traded Fund. Simply put, it’s a fund that trades on the stock market just like a company’s shares. The only difference is that it doesn’t hold shares from a single company, but rather shares, bonds, or other … Read more
The stock market is a platform where companies sell their shares (stakes) and people buy them. When you buy shares in a company, you become a small shareholder in that company. If the company makes a profit, its share price rises, and you benefit. If the company incurs a loss, the share price falls, and … Read more