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Phygital – The new normal of investing

Phygital – The new normal of investing [ad_1] Expenses have increased, and one’s income is no longer adequate. At such a time, the stock market seems like a whole new field of opportunity. However, investments are trickier than they seem, and a novice would need the assistance of a broking house on whom they can rely for advice and research, ...

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The conventional idea of measuring investors’ risk tolerance does not make much real-world sense

The conventional idea of measuring investors’ risk tolerance does not make much real-world sense [ad_1] Risk versus returns. Nothing ventured, nothing gained. The idea that the more returns you want, the more risk you must take is ingrained deeply into the way we think about investing. This is not just a concept or general rule of thumb anymore. There’s even ...

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Average balance in a savings bank account: 5 things to know

Average balance in a savings bank account: 5 things to know [ad_1] 1.An account holder is required to maintain a certain minimum balance in his account over a certain period. This amount is termed as average balance.2.Average balance is calculated as the sum of the daily closing balances for a period divided by the number of days in that period.3.Banks ...

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