Rediff Money Review: Most incredible website for new Investors.

Rediff Money Review

In this post, I will talk about India’s one of the leading financial websites, i.e., Rediff Money. It is essential for any investor to have day-to-day updated information about the economy and companies before investment. And, If there is an excellent market research tool is available for free, nobody can stop him from being a successful investor or trader. Rediff Money is that Tool. After reading the article, you will know about: What is Rediff Money? Why should every share market investor use Rediff Money?. How to Register for your free account at Rediff Money? What are the valuable features of …

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Beginner’s Guide on Investing: How to invest money for Good Return in 2021.

How to invest money for beginners in India

Investing your hard-earned money in proper financial instruments is very essential. It doesn’t matter whether you start with 10$ or 100,000$. Investing is important. Even a baby step taken towards investing is more than enough. More than investing, investing in the right direction is most important. One wrong step and you will have to pay a heavy price. So before investing you should be aware of the financial or non-financial investment options available in India. You should know how to invest money to get a high return with less risk. This article is going to be useful to salaried people, …

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7 Passive Income Ideas to Build Wealth from Home in 2021: Beginner’s Guide

Earn Passive Income

Hi guys, In this post, I am going to share my 7 Passive Income Ideas to Build Wealth for a Beginnner in 2021. I would discuss in detail how you can practically implement the ideas and earn passive income online through multiple streams. My basic idea to share idea, you will not have to work actively throughout your life but your income will continue to flow in. What is Passive Income? Most people have the misconception that passive income is an income source that would continue to flow even if you sit idle and you don’t have to work for …

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Marketing Basics: An alien perspective to a new-found world.

Digital Marketing by finomagic

This article is part of an assignment of Digital Deepak Internship Program. I have called this an alien perspective because before this class I had no idea about Marketing. In the article, I am going to share what I have learned about marketing basics as a new-comer in the field of marketing. I will also share my own perspective on Marketing. The article is going to be useful to all those people who are a newcomer in the world of marketing and wanted to have a basic overview of the What-Why-When-How of marketing. The article will be helpful to kick-start …

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8 Reasons why you must invest in the stock market?

Why you should invest in Stock Market

Investing your hard-earned money in the right financial instruments is extremely important to grow your money rather than keeping your money lying in the banks. One such attractive instrument is the Stock Market. Many people have the misconception that keeping your money in the banks is also one type of investment.  But that is not true. In my opinion, keeping your money in the banks is not an investment but it is just a safe box to keep your money. Just like putting your money in the safe box would not increase your money similarly keeping your money in the …

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Retirement Corpus Calculator

Retirement Corpus Calculator

This is a basic Retirement Corpus Calculator. You can use our Calculator to arrive at the corpus amount you need after retirement. The amount you get after the calculation would be your Financial Freedom Number (FFN).  In this calculator, we have also taken inflation as one of the parameters to calculate the amount of fund we will need before retirement. So it is very important to take the right inflation rate and the right size of fund we require today to maintain the same standard of living.  Further, before deciding the size of the corpus amount, we must consider the …

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SIP Calculator

SIP Calculator from Finomagic.com

Basic Queries of investors: What is Systematic Investment Plan (SIP)? I am sure you must have heard the word “SIP” either from your colleague or financial planner or investment adviser or friends or family. But what does SIP mean? SIP is the short form of Systematic Investment Plan. Don’t confuse it with the word plan as it is not the investment plan. SIP is just one of the modes of investment in the stock market. There are two ways of investing in the stock market -one is through lump sum mode and another one is through SIP mode. In the …

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Beginners Guide to become Financially Independent?

Guide to Financial Freedom

Do you want to become financially independent then you are in the right place. In this blog, I am going to share the 6 Step approach to become financially independent. What is financial independence? The question is very subjective as everybody has its own understanding and meaning of Financial Independence or Financial Freedom. Can you tell me what financial freedom means to you? Well, the answer lies in what we want to achieve in our life.  It could be earning 1 or 2 or 5 crores or any sum of rupees or paying off all your debts or having your …

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