Why moving stop loss up or down is a bad idea
Why moving stop loss up or down is a bad idea

Why moving stop loss up or down is a bad idea

Prakash Patil Article rating: 4.3

A novice stock market trader is often tempted to move the stop loss further up if he has shorted the stock or move the stop loss further down if he has gone long on the stock. This temptation is better avoided and it can lead to a financial loss that may be unbearable. Let us understand why it is a bad idea.

Charges on credit cards
Charges on credit cards

Charges on credit cards

Prakash Patil Article rating: No rating

If you are using credit cards for most of your payments and do not have the habit of paying your credit card bills on time, spare a moment to know all the charges you pay to make the credit card guys a happy lot.

How to avoid being mis-sold life insurance
How to avoid being mis-sold life insurance

How to avoid being mis-sold life insurance

Prakash Patil Article rating: 4.0

Many insurance agents resort to luring customers into buying life insurance products by promising very high returns or selling policies that are simply not suitable for the prospective customers. The real motive of these agents behind mis-selling such insurance products is to earn a fat commission on the sales.

Partial withdrawal norms for NPS
Partial withdrawal norms for NPS

Partial withdrawal norms for NPS

Prakash Patil Article rating: 5.0

The Pension Fund Regulatory and Development Authority (PFRDA) has liberalised partial withdrawal norms allowing the subscriber of the National Pension System (NPS) to withdraw a maximum of 25 per cent of own contribution at any time before the final exit from the NPS.

AMFI seeks simplication of GST rules for MFs
AMFI seeks simplication of GST rules for MFs

AMFI seeks simplication of GST rules for MFs

Prakash Patil Article rating: No rating

The Association of Mutual Funds of India (AMFI) has suggested many changes in the implementation of GST in the forthcoming Union budget for the consideration of the Ministry of Finance.

Know the risks of being a loan guarantor
Know the risks of being a loan guarantor

Know the risks of being a loan guarantor

Prakash Patil Article rating: No rating

When a relative or a close friend approaches you to become a guarantor for his loan, you may sign on the dotted line without even looking at the terms and conditions in the loan document. But what happens if the borrower defaults in repayment of the loan? Read on...

Doubling farmer income by 2022
Doubling farmer income by 2022

Doubling farmer income by 2022

Prakash Patil Article rating: 5.0

The Modi government’s target of doubling farmer income by 2022 may appear to be quite ambitious, but if the comprehensive recommendations made by Swaminathan Commission are implemented across the country by the Central and state governments, the target may still be achievable.

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