A pension is a technique to save money for retirement. When you reach retirement age, you will be entitled to a pension, which is a regular monthly payment. If you work and live in the UK, understanding how pensions work in UK might help you plan for a safe future. Contributions to a pension are …
Investing is the process of purchasing products that you feel will improve your life over time. Investments are made with the goal of recouping your initial investment, which results in the growth of your money. We shall explore the importance of investment in economy, individuals, organizations, businesses, and education in this part. Investment is a …
Importance of Investment in Economy, Business and Individuals Read More »
Automation has become a key component in many industries today. From manufacturing, healthcare to agriculture, finance, and insurance. The reason industry automation is growing in popularity is that it optimizes performance and improves profitability. These advantages have trickled down to the financial sector; as more experts utilize auto trading in the Forex market. So what …
Exchange traded funds are collection of securities like stocks, bonds or currencies which are part of an underlying index. However, unlike mutual funds, these funds are listed on a stock exchange and can be traded online during trading hours. Since exchange traded funds are not actively managed by any fund manager, they have lower expense …
Exchange Traded Funds ETF vs 14 Best Investments Read More »
In order to maximize your potential returns, expense ratio comparison becomes a critical factor while comparing mutual funds, index funds or exchange traded funds (ETF). When you invest your money in mutual funds or ETF, these funds deduct some amount of money for managing the mutual fund and handling operating costs and expenses. Although, these …