5 Things Not to Do After a Car Accident

The best way to avoid a car accident is not to bring your vehicle on the road, which isn’t possible. No matter how careful a driver you are, car accidents happen. While you all know what to do after you meet with a car accident— checking the car for damage or calling for help— but do you know what NOT to be done after an accident? Here are the top five things not to do after a car accident:   

5 Things Not to Do After a Car Accident

Posted by Aman Verma 1 comment

The best way to avoid a car accident is not to bring your vehicle on the road, which isn’t possible. No matter how careful a driver you are, car accidents happen. While you all know what to do after you meet with a car accident— checking the car for damage or calling for help— but do you know what NOT to be done after an accident? Here are the top five things not to do after a car accident:   

Why is Car Insurance Mandatory?

With the steady increase in road accidents leading to damage to both the vehicles and people involved, the Government saw that it was necessary to intervene.

Why is Car Insurance Mandatory?

Posted by Aman Verma No comments

With the steady increase in road accidents leading to damage to both the vehicles and people involved, the Government saw that it was necessary to intervene.

Six Essential Rules When Investing in Stocks

Anyone can invest – all it takes is money. Any amount of it, as well – with the right deal, you can invest your way from a paper clip’s worth of currency to a car, a house, and even a proper income with enough of a generated interest that you could live off of your investments for the rest of your life. 

But that involves luck, brains, and the resilience to take your failings in stride, and stay cool when you strike gold. Here are six rules that you must follow to avoid complete failure in the investing world.

1. Invest and Earn for a Passive Income

If you plan on making yourself wealthier, you have to save. And what you save, you have to invest. Every penny not spent must go into assets that build a passive income – that is to say, real estate and royalties on books or music, and other assets with low taxation and high reward. 

As the India Brand Equity Foundation notes, the Indian real estate market is in a boom, appreciating 19% in value annually between 2010 and 2014. On the other hand, as Gold.org shows, gold demand rose by 8% year-on-year in 2015. 

2. Focus on Risk Assessment and Be Accurate in Your Calculations

Don’t go by your gut – go by the math. Math is your best friend as an investor, and that involves looking at every investment with extreme scrutiny before making a choice. 

3. Don't Chase after Markets, Be Cold in Your Choices

Investing isn’t emotional work, and the rush of a smart investment gone right has no place in the mind of a successful investor. Focus on the facts ahead, or you may ignore a glaring issue simply because a certain market or start-up has captured you in its hype. 

4. Don't Try and Hope to Predict the Future -- Simply Prepare for It

You’re not an oracle, so it’s impossible to expect to see the future like one. Math can give you an advantage in telling the statistical probability of a business’ success, but in the end it’s absolutely key that you keep your risk low. Never gamble. That’s the key to a successful investment – never, ever gamble. Don’t go beyond your means – before you decide to take the risk, and fail, ask yourself if you can recover and get back to investing afterwards. If you can’t, then don’t do it. 

5. As Much as Possible, Do Your Own Research

While investment resources and information exchanges are useful – especially in the age of the Internet, where information pumps faster than any heart pumps blood – it’s even more important that you, as much as possible, keep your research to the facts. Don’t read opinion pieces or investment guides to particular companies for stock guidance, and take it without even a grain of salt. A newspaper like Money Bhaskar will be less biased and more informational instead. If you let yourself be swayed by outside opinion rather than the cold numbers, you open yourself up to losses. 

6. Always Think in Terms of Risk and Reward

That’s what it ultimately comes down to – your return on investment. If the failure of an investment is critical to your future, don’t invest. If the potential for success, however, reduces the eventuality of failure to a considerable extent, then you could consider the investment.

Finally, simply get started! You won’t make any money by waiting around. For more investing tips and news, stay tuned to Money Bhaskar.

Six Essential Rules When Investing in Stocks

Posted by Aman Verma 1 comment

Anyone can invest – all it takes is money. Any amount of it, as well – with the right deal, you can invest your way from a paper clip’s worth of currency to a car, a house, and even a proper income with enough of a generated interest that you could live off of your investments for the rest of your life. 

But that involves luck, brains, and the resilience to take your failings in stride, and stay cool when you strike gold. Here are six rules that you must follow to avoid complete failure in the investing world.

1. Invest and Earn for a Passive Income

If you plan on making yourself wealthier, you have to save. And what you save, you have to invest. Every penny not spent must go into assets that build a passive income – that is to say, real estate and royalties on books or music, and other assets with low taxation and high reward. 

As the India Brand Equity Foundation notes, the Indian real estate market is in a boom, appreciating 19% in value annually between 2010 and 2014. On the other hand, as Gold.org shows, gold demand rose by 8% year-on-year in 2015. 

2. Focus on Risk Assessment and Be Accurate in Your Calculations

Don’t go by your gut – go by the math. Math is your best friend as an investor, and that involves looking at every investment with extreme scrutiny before making a choice. 

3. Don't Chase after Markets, Be Cold in Your Choices

Investing isn’t emotional work, and the rush of a smart investment gone right has no place in the mind of a successful investor. Focus on the facts ahead, or you may ignore a glaring issue simply because a certain market or start-up has captured you in its hype. 

4. Don't Try and Hope to Predict the Future -- Simply Prepare for It

You’re not an oracle, so it’s impossible to expect to see the future like one. Math can give you an advantage in telling the statistical probability of a business’ success, but in the end it’s absolutely key that you keep your risk low. Never gamble. That’s the key to a successful investment – never, ever gamble. Don’t go beyond your means – before you decide to take the risk, and fail, ask yourself if you can recover and get back to investing afterwards. If you can’t, then don’t do it. 

5. As Much as Possible, Do Your Own Research

While investment resources and information exchanges are useful – especially in the age of the Internet, where information pumps faster than any heart pumps blood – it’s even more important that you, as much as possible, keep your research to the facts. Don’t read opinion pieces or investment guides to particular companies for stock guidance, and take it without even a grain of salt. A newspaper like Money Bhaskar will be less biased and more informational instead. If you let yourself be swayed by outside opinion rather than the cold numbers, you open yourself up to losses. 

6. Always Think in Terms of Risk and Reward

That’s what it ultimately comes down to – your return on investment. If the failure of an investment is critical to your future, don’t invest. If the potential for success, however, reduces the eventuality of failure to a considerable extent, then you could consider the investment.

Finally, simply get started! You won’t make any money by waiting around. For more investing tips and news, stay tuned to Money Bhaskar.

[Infographic] Rising Healthcare Cost and Statistics

Image Source: www.icicilombard.com

[Infographic] Rising Healthcare Cost and Statistics

Posted by Aman Verma No comments

Image Source: www.icicilombard.com

5 Money Saving Tips For Everyone

Money saving tips sounds difficult as well as no fun in doing. The things in which we find no fun, no entertainment, ah! Always seems to be a difficult thing to do. But without facing any difficulties now you can save money and even without making your family as well as yourself any more miserable.

Here we are with the top 5 money saving tips which will definitely bring a smile on your faces. Oh man! Yeah that’s the precious smile. Following these money saving tips will definitely going to work and will help your family on board with some extra money at the end of each month.

5 Money Saving Tips For Everyone

Posted by Aman Verma No comments

Money saving tips sounds difficult as well as no fun in doing. The things in which we find no fun, no entertainment, ah! Always seems to be a difficult thing to do. But without facing any difficulties now you can save money and even without making your family as well as yourself any more miserable.

Here we are with the top 5 money saving tips which will definitely bring a smile on your faces. Oh man! Yeah that’s the precious smile. Following these money saving tips will definitely going to work and will help your family on board with some extra money at the end of each month.

5 Tips to starting your online startup

Starting an online startup is great way to make huge amount of money in a short period of time. But most of the times people start an online business without proper planning and that’s why fail miserably. An online startup is lot more complex than a business on high street, at the time of starting your online startup, you need to consider a lot of things like unique idea, logistics, website, marketing and branding. So today we are sharing 5 important tips to starting your online startup to make it more successful.

5 Tips to starting your online startup

Posted by Aman Verma No comments

Starting an online startup is great way to make huge amount of money in a short period of time. But most of the times people start an online business without proper planning and that’s why fail miserably. An online startup is lot more complex than a business on high street, at the time of starting your online startup, you need to consider a lot of things like unique idea, logistics, website, marketing and branding. So today we are sharing 5 important tips to starting your online startup to make it more successful.