Essentially we have two important type of orders in order to buy and sell stocks, the first one is "Market Orders" and the second one is "Limit order".Market order gives you whatever price is available in the stock exchange for a stock at the time of execution. If you place a request to buy 100 shares of XYZ limited without specifying a price, then the system will … [Read more...] about What is market order and how its used to buy and sell stocks
8 things salaried persons should know before filing tax return – ITR
Filing income tax return can be a complex process if you do not understand the process and applicable tax laws. Therefore before filing your ITR, you need to make sure that all the documents are collected, relevant information is obtained and you know exactly how to process the ITR form.In this article we have listed 8 most important things that every taxpayer should … [Read more...] about 8 things salaried persons should know before filing tax return – ITR
Penny stocks – Things you must know before investing
Penny stocks are those common stocks that trade at a very low price in the market. They cost as much as a few pennies. In the market, shares that trade below the price of Rs 5 are considered to be penny stocks. But in some cases, it includes those shares that are priced below Rs 10.There is no specific official definition or hard and fast rule to determine penny stocks. Due … [Read more...] about Penny stocks – Things you must know before investing
Why Diversification is important in stock market investing
You must have heard about the common fundamental principle of investment “not putting all of your eggs in one basket” or “don't put all your eggs in one basket”. Which means don't buy one or two stocks, instead buy a number of stocks of different companies from different industries. This is known as diversification.Does it mean you will be investing in more than 100 … [Read more...] about Why Diversification is important in stock market investing
What is emergency fund and why it matters
Unexpected events in life can affect your financial future. Certainly you can't plan for everything. However, a little planning will make those emergencies and unexpected events much easier to handle.In other words, you need to prepare for unexpected events in advance. To safeguard yourself from these unexpected events, you need to build up a solid emergency … [Read more...] about What is emergency fund and why it matters