Wealthpedia Team
In the world of investments, individuals often seek successful strategies to maximize their returns. One common question that arises is whether it is beneficial to copy the investment strategy of someone else. This article explores the pros and cons of emulating another person’s investment approach, shedding light on the factors one should consider before making … Read more
The Nation’s biggest public sector bank SBI (State Bank of India) has announced its SBI WhatsApp service in India. Through this service, a customer can check the balance and get the mini account statement on the WhatsApp mobile application. In this article, I will explain how to activate SBI WhatsApp service and what are the … Read more
In a simple one line, the mutual fund is a collection of money from investors to buy stocks or bonds. It is a pool of money where many individuals (investors) come together and pool their money, it is called a mutual fund. There are 45 AMC (Asset Management Company), commonly known as fund house. They … Read more
The Word Multibagger is so known in the stock market that everyone thinks that they have found the gold mine. But actually, multi-bagger stocks are the one which gives return a several times of their cost. In this post, we will discuss 5 multibagger stocks. Multibagger stocks are essential stocks that are currently undervalued and … Read more
How many wonders are there in the world? 7 right?……….WRONG!!! There are 8 wonders of the world. The 8th one is Compound Interest. The interest which is calculated not only on the initial principal but also on the accumulated interest of prior periods. Compound interest differs from simple interest in that simple interest is calculated solely … Read more
In the world of finance, there are many terms that are used to describe different aspects of a business’s financial health. One such term is ICR, which stands for Interest Coverage Ratio. In this article, we’ll explore what ICR full form & meaning, how it is calculated, and why it is important for investors and … Read more
Flexi Fixed Deposits are a type of fixed deposit account offered by some banks that offer flexibility to customers in terms of the amount and duration of their deposits. In a traditional fixed deposit account, customers deposit a fixed amount of money for a fixed period of time and earn interest on that amount. However, … Read more
SBI, or the State Bank of India, is one of the most well-known and widely used banks in India. As the country’s largest commercial bank, it offers a range of products and services to its customers. One of its newest offerings is SBI WhatsApp Banking, which provides customers with a simple and convenient way to … Read more
“In business, I look for economic castles protected by unbreachable ‘moats,” said Warren Buffett in his 1995 letter to shareholders. What he meant by this quote is, find a business that never gets affected by market competition. Basically finding Monopoly Stocks in India. In India, there are many businesses that have very less or zero competition. Whenever … Read more
Investing in mutual funds can be a rewarding venture, but it’s essential to have a well-thought-out strategy to maximize your returns. One crucial aspect of successful mutual fund investing is determining the best time to book profits. In this article, we will explore various factors that can help you make an informed decision about when … Read more
In the digital age, financial transactions and data sharing have become an integral part of our daily lives. To ensure the privacy and security of customers’ financial information, regulatory bodies like the Reserve Bank of India (RBI) have introduced guidelines and frameworks. One such set of guidelines is the RBI Account Aggregator Guidelines, which aim … Read more
In the world of finance and investments, the stock market is a highly popular avenue for generating wealth. With several stock exchanges operating globally, the Bombay Stock Exchange (BSE) is one of the most renowned and oldest stock exchanges in India. In this article, we will explore BSE full form and meaning of BSE in … Read more
In the world of investments and finance, Initial Public Offerings (IPOs) have always held a special allure. They offer individuals the opportunity to invest in a company during its early stages of going public. ASBA, which stands for “Application Supported by Blocked Amount,” is a convenient way to apply for IPOs through your bank. In … Read more
When it comes to banking and finance, there are a lot of acronyms and abbreviations that can be difficult to understand. One such term is CRR, which stands for Cash Reserve Ratio. In this article, we will explore what CRR full form and its meaning, how it is calculated, and its significance in the banking … Read more
After the demonetization and GST tax regime by the Modi government, digital transactions are on a rise. There is a number of people who have used the digital payment for the first time after the demonetization. Do you know that which are the transactions done by you are being tracked by the income tax department? … Read more