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Financial Freedom:How to achieve it?

This year,in 2021,we observe the 75th year of Independence from foreign forces.Although,we have achieved freedom from our subjugators,there are various fronts where we are still lacking.One of the most striking is Finances.Financial Freedom is still a dream for most of the people in our society. It is quite certain that money is not everything in life but it is definitely an important aspect in everybody's life.Money helps you fulfill all your material dreams and makes life a bit easier!It becomes easy for you to lead a life with dignity if you are financially sound. Let's discuss some steps which can help us to to achieve financial freedom. I)Set a goal : We need to set a goal or benchmark at first.Without any specific aim,we just cannot do anything valuable.Fix your financial priorities.We need to have some clarity on what to achieve as it makes all the things a lot more easier for us to work upon it.Fix a time in which you want to become financially sound.Think o...

Investing in All-Time High Markets

         Investments in All-time High Markets                 Rise of Sensex in 2020-2021 (Image Updated on 31st August,2021) As you read this article,the Sensex as well as the Nifty has scaled new heights touching their all-time highs.These indexes which had crashed in 2020 because of the pandemic have almost bounced back 100%.Thanks to the ongoing bull run in the Indian stock markets,these indexes have reached 54K mark and 16K mark respectively.The stocks in both 2 markets have given multibagger returns to the investors and traders in the last 1 year.Some stocks have also zoomed 5000 times!     Multibagger Returns of Aditya Vision Shares This sudden boom can be attributed to the introduction of a large no.of demat accounts in the stock markets.These amateur investors have recklessly invested money in all sorts of stocks without even considering their financials.However,one cannot expect...

Inflation:The explanation to how your FDs are not returning your money!

                  Inflation:The Secret Robber The prices of our daily necessities are rising by leaps and bounds. Some people call it price hike. People in general are hard hit by this price is hike or in financial terms called as inflation. This price hike has become a serious problem for the society. Rise of fall of prices depends on supply and demand cycle. If supply is more,price falls. Now supply falls short owing to increasing population and demand must be more for the same reason.So,price rise is a must according to the law of supply and demand. Economists say that is a must in a developing country going to heavy expenditure on developmental works through time-bound plans like five year plans in India. It gives rise to inflation which is the main cause of price rise in a developing country.Being a developing country India is facing such price rises. However,problem arises when wages don't keep pace with the hikes in prices ...

The Adverse Effect of the Pandemic on Children.

  The Adverse effects of Pandemic on Children                                                         - Piyush R. Prusty Amid the astronomic rise of COVID cases andthe existing lockdown,there are lot of people who are facing mental stress due to the obvious reasons.And children are not apart from this dilemma. Due to the closure of schools and other educational institutions for over a year now,children have really changed.Students were affected the most. It is having several bad effects on these children. They are showing signs of changed sleep cycles, anxiety, irritation, eating disorders and learning various other disabilities due to a massive change in daily routine.The major concerns are about those instances of  loneliness,frustration,obesity and so on among the millennials.Gradually,there is a massive change in attitude w...

Myth-busting Facts about Stock Market Investing.

                  Myths around Stock Markets • There are various myths around the stock markets.One must not believe those and should analyse everything even before investing a single penny of his/her hard-earned money. • Myth-#1: People think that stock investing is                         much like gambling. This myth about the stock market is often spread in the form of well-intentioned but misguided advice.Concerned by some stories of losses,people usually advise others to stay away from the markets.Let's face it:Stock market investing is not gambling.While gambling is concerned with luck,stock market investing largely depends on various factors.Unlike gambling,if one can study these factors and carry out a proper analysis and solid research,one can easily make one's investments profitable. • Myth-#2:  People think they can become rich      ...

Some basic stock market terms you must know!

            Investment terms One should know. Before investing in stocks,every investor should know some basic terms so that he/she can trade efficiently and maximise his/her profits from his/her portfolio.Stock market terminology relates to industry-specific jargons which are used in the stock markets regularly.  The terms are as follows: i) Turnover : Turnover is an accounting concept that calculates how quickly a business conducts its operations.Turnover in accounting is how much a business makes in sales during a period. Formula:Cost of Goods Sold/Average Inventory. Image Courtesy: Unknown ii) Market Capitalisation : Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding.  Formula:Price of stock ×No.of shares in market. Image Courtesy: Investopedia iii) P/E R...

Let's face it!;Girls and Ladies are oppressed in India.

                        Women Discrimination! *Women discrimination may seem like a bland topic but if not solved will have serious implications.It is high time we address it. Without women,life is not exciting.A woman can make a house and brings everyone together in a family .She has to play multiple role in our society as a granny,mother,sister,girlfriend,wife and many more to name.She is an important part of every society.She is an embodiment of patience and tolerance. However,we in India have done very little to give a women her rightful position in our society.We,in fact,in the last 50 years paid no attention to the predicament a woman has to go through to survive in our society. You might point out that -"Hey,but aren't seats reserved for women in our law-making bodies?","Aren't women actively getting involved in businesses and other fields?","Aren't they getting access to education as our stats show?","Aren't the femal...