Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminalor not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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Bank Nifty Option Tip

If You are Looking for 150-300 points in Intraday Bank Nifty Option everyday; then you must Check our Bank Nifty option tips which Provide Large Targets and Small Stop Loss. The aim is to make Rs 3000-6000 almost daily by trading One Lot in Bank Nifty. You just require 10k to start trading in Bank Nifty. We even provide free guidance for Option trading to those who have never ventured in this segment. Click on Image or Post Title to Read More.

Bank Nifty Tips which gets You Profit

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Bank Nifty Option Tips

If You are Looking for 150-300 points in Intraday Bank Nifty Option everyday; then you must Check our Bank Nifty option tips which provide Large Targets and Small Stop Loss. The aim is to make Rs 3000-6000 almost daily by trading One Lot in Bank Nifty. You just require 10k to start trading in Bank Nifty. We even provide free guidance for Option trading who have never ventured in this segment. Click on Image or Post Title to Read More.

Bank Nifty Tips which gets You Profit

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

 
Number of Complaints

At the beginning of the Month Received during the Month Resolved during the Month Pending at the end of Month Reasons for Pendency
0000NA

Who made Max Money in 2020?

As per Wikipedia, Elon Reeve Musk FRS is a business magnate, industrial designer and engineer. He is the founder, CEO, CTO, and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

So, you know who is the future man towards whom you have to look at to make your dreams come to a relaity. To get started you should activate your second stream of income and that you can do using the Best intraday tips or Bank Nifty option tip and you are going to be a part of an elite club as somewhere in life you have to break the 9 to 5 cycle.

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

100-year Audit Relationships

A lot has changed in the past 125 years. Since 1890, the year in which Shredded Wheat, the popular breakfast cereal, was created and the fire alarm was invented, modern society has been transformed completely, from the discovery of antibiotics to the development of airplanes, television, and the internet.

But one thing has remained stubbornly constant: the accounting firm used by Procter & Gamble, the consumer goods company behind products such as Pantene, the shampoo, and Gillette, the shaving brand. P&G’s relationship with Deloitte is coming under increasing pressure to end. A number of the world’s largest investors are becoming concerned about the remarkable length of some of these relationships and the ability of audit firms to deliver independent advice when they have worked for the same company for decades, if not centuries.

The ‘Big 4’ audit firms service a third of India’s listed companies audit business by value. Between them PwC, Deloitte, KPMG and EY and their many affiliate firms in India audit close to 60 percent of the Nifty 500 companies, as per 2017-18 data published by Prime Database. Over the last two decades, the expansion of these large audit firms in India, known as the Big 4 globally, subsumed several local Indian firms such as BSR & Associates, AF Ferguson & Co., SR Batliboi & Associates. While many retain their Indian identity due to Indian laws, the loose networks they form have grabbed audit assignments of India’s biggest companies. Foreign investors, too, have found comfort in knowing that the Indian company they are investing in is audited by a brand they recognise.


In the past few years the Big 4, which audit over 90 percent of FTSE 350 companies in the U.K. and S&P 500 companies in the U.S., have made the headlines due to several audit failures across the world. Now India is witnessing the same. Each one of the four are facing sanctions or investigations over fraud.

This year, eight companies in the S&P 500 will have their annual reports signed by the same auditors that have verified their financial statements for at least 100 years. Johnson & Johnson is the latest to join the club with PwC, carrying on a relationship that started in 1920. Meanwhile, General Electric Co. will get one last signature out of an 111-year streak with KPMG. The manufacturer is dropping KPMG after a series of financial missteps and will switch to Deloitte in 2021. Coca-Cola Co. could take the empty spot on the list next year if it remains linked to Ernst & Young, which started working with the beverage company in 1921.

“Auditor tenure at P&G is completely ridiculous. I am shocked,” says a corporate governance expert at one of the UK’s biggest fund houses, speaking on condition of anonymity. He adds: “From an investor perspective, I think we have been spending far too much time speaking to remuneration committee chairmen and not nearly enough time talking to audit committee chairmen. I do not think you would find anyone who would think having the same auditor for 100 years is a good thing.” Investors have intensified their focus on auditor independence in the aftermath of the financial crisis. Questions were raised about why the big four accounting firms (PwC, Deloitte, Ernst & Young and KPMG) either failed to spot or failed to highlight mounting problems in the banking sector.

Worryingly for some investors, P&G is by no means alone in its decision to stick with the same auditor for a substantial length of time. General Electric, one of America’s best-known conglomerates, has used KPMG for 106 years, according to figures compiled for FTfm by MSCI, the data provider. Caterpillar, the heavy equipment company, has used PwC for 90 years, while Goldman Sachs, the investment bank, has employed PwC for the past 89 years. Bram Hendriks, senior corporate governance officer at NN Investment Partners, the $227bn Dutch fund house, is concerned. “An excessively long association between the auditor and its client may constitute a threat to independence. Auditor tenures of 50 years plus are considered excessive,” he says.

Peter Lundkvist, head of corporate governance at AP3, the Swedish national pension fund, adds: “The independence of auditors from the company and its management is critical for maintaining investor confidence. In some cases companies have had the same audit firm for more than 100 years. It is very difficult for auditors to claim that they are independent in these cases.” There could be many more companies with extended auditor relationships, but it is difficult to tell. MSCI estimates that only 56 per cent of all S&P 500 companies disclose how long they have used the same auditor, although this is an improvement on 2012, when just a quarter of companies volunteered this information.

In the Russell 3000 index, meanwhile, there are 114 companies that have used the same auditor for between 50 and 99 years, according to Calstrs, the $193bn Californian pension fund. Another five companies in the Russell 3000 index have had the same auditor for more than 100 years. 

 Calstrs says it expects companies to change auditor every seven years. “Regular rotation is seen as necessary to maintain external auditor independence and to avoid the types of cosy relationships that could lead to conflicts of interest,” a spokesperson for the pension fund says. Although the issue of lengthy auditor tenure appears to be of growing concern to a number of investors, there are no examples of shareholders rejecting the reappointment of an auditor among the 3,000 largest US companies in the 2014 voting season.

Institutional Shareholder Services, the proxy adviser that helps investors decide how to vote at company meetings, says that of the 17,810 votes held on auditor nominations at large companies globally last year, only 16 failed. This means that investors approved auditor nominations on 99.9 per cent of occasions. Asset managers are not only reluctant to reject auditor reappointments, many of them, particularly those based in the US, are also unwilling to discuss their views on appropriate auditor tenure.  

 BlackRock, JPMorgan and Franklin Resources are also among the companies that do not disclose their auditors’ tenure, according to MSCI. One of the asset managers, who did not want to comment on the record, says she believes the problem may lie in the fact that investors simply are not aware of how long some auditors have been in place. “There is a complete and utter lack of awareness around this issue,” she says. This lack of awareness could be resolved soon.

The US Securities and Exchange Commission is planning to consult investors this summer on whether large companies should be forced to disclose how long their auditors have been in place, according to Joseph Carcello, a member of the regulator’s investor advisory committee. Mr Carcello, who is also executive director of the University of Tennessee’s corporate governance centre, adds that the regulator is keen to see companies publish better-quality audit reports.

Pirc, the shareholder advisory group, has adopted a policy of recommending its clients oppose the reappointment of auditors when they have been in place for more than a decade. Pirc believes the impact of this policy could be substantial, given that its clients account for £1.5tn of assets and are estimated to hold approximately 1 per cent of the shares of S&P 500 companies collectively.

Paul Lee, head of corporate governance at Aberdeen, believes more US investors will begin to question auditing arrangements at the companies they invest in. He says: “If additional transparency alerts people to the fact that many companies have had the same audit firm in place for upwards of 50 years, then that can only be a good thing. Auditors are the independent eyes and ears of shareholders within the corporate reporting process and we need them to be free to do that to their best ability.”

Many of the companies that have had the same auditor in place for close to a century did not want to comment for this article. General Electric, the conglomerate that has used KPMG as its auditor for 106 years, was the exception. It said: “The board of directors annually reviews KPMG’s independence and performance in deciding whether to retain the accounting firm. “The board considers KMPG’s audit performance, their ability to handle the breadth of our worldwide operations, an analysis of their known legal risks, the audit quality and efficiency benefits of having a longer-tenured auditor, and controls in place at GE and KPMG to mitigate against any potential independence concerns.

“In our engagement with investors, they generally have not had an issue with KPMG’s tenure — they are more focused on disclosure. As a result, over the past few years, we have significantly enhanced our proxy disclosures around the auditor engagement process.” Procter & Gamble, Caterpillar, and Kimberly Clark all pointed FTfm in the direction of their proxy statements — documents they must send to their shareholders containing relevant information ahead of an annual meeting. P&G said that “the retention of Deloitte to serve as the company’s independent external auditor is in the best interest of the company and its shareholders”.

Get accurate Bank Nifty Option tips or Intraday trading tip and start making money on a daily basis in stock market.

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Who is a True Leader?

Leadership: Perfect Style

By watching this below video being given by a Pakistani gentleman will open your eyes to the real concept of leadership.

True leaders both know and communicate their values openly with the people they lead, creating an atmosphere of certainty and trust. True leaders have integrity. Integrity is the very core of their influence. ... True leaders are forthright with their people. They communicate openly and often.

This video should be part of the management curriculum else all leaders worldwide are overburdened with "I" factor and full of ego. 

remember to get free updates in an email from Best bank Nifty option tips provider and start making money on a daily basis.

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Benjamin Graham on which Stocks Perform Well

We have read a lot about this so-called avid gentleman who goes by the name of Benjamin Graham who was a British-born American economist, professor, and investor. He is widely known as the "father of value investing", and wrote two of the founding texts in neoclassical investing: Security Analysis with David Dodd, and The Intelligent Investor. We have uploaded The Intelligent Investor Book on the website which is at times considered as Bible of investment and as an investor you can not afford to miss reading the book.

The below logic of investment will make you understand why Warren Buffett has not sold a single share of Coca Cola company so far during his lifetime as he is valuing the business behind the stock price.
 
However, we can not say in the same context of Rana Kapoor who was MD of Yes bank and used to boast that the Yes bank Shares are jewels in his portfolio and he took the whole bank down the drain. Bad examples are only exceptions to prove the rule.
 

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Should You Cut on Coffee to Save Money?

It's not our daily latte that is driving us to the poorhouse. It's our Lipitor and our houses, our families and other necessities of life.

Yet we still don't want to believe it. A decade after Elizabeth Warren first revealed that the leading cause of bankruptcies was medical spending, Americans continue to discuss our financial woes as though we only have to give up a few habits to solve their checkbook woes.

It's a nice fairy tale. It's also not true.

Maybe the biggest misconception about building wealth is that it is a function of our income. In reality, it is much more a function of our spending habits.

But most people are simply unaware of how much money they spend—not so much on the large purchases, but on the small things, we spend money on every day.

The latest to take on the challenge of convincing Americans of the reality of their financial lives is Joseph N Cohen, an assistant professor of sociology at Queens College. In a paper released this past weekend at the American Sociological Association's annual meeting in New York City, Cohen used figures from the Bureau of Labour Statistics to bust the myth of the latte factor: the idea that we're wasting our precious funds on pointless luxuries.

Cohen found that we're not spending more on things we don't need to get through the day. On the contrary, we're spending less. Between the mid-1980s and the mid-00s, Americans' spending on clothes fell by 28%; alcohol 12%; tobacco 25%; vehicle purchases 15% and vehicle maintenance 24%. Overall expenditures on food also declined, with spending on in-home meals falling by 8% and restaurant dining by a more modest 3%.

Where did the money go? Consider your own circumstances, and you're likely to see the most common increases in spending. During the same period of time, we spent almost 20% more on housing and 32% more on healthcare, which includes a more than 100% rise in the cost of health insurance and 41% of pharmaceuticals. Education? An astonishing 60% increase. Gas went up by 23% and auto insurance by 29%.

Cohen summed it up aptly:

"A colleague of mine once told me that America is a place where the luxuries are cheap but the necessities expensive. A cell phone is affordable. What's killing people is housing and childcare and medical expenses."

Think of it this way. An iced tea I purchased Saturday at Abbot's Habit in Venice Beach, California, cost $2.50. I pay just under $1,300 a month for a health insurance policy that … well, let's just say it's less than generous.

Doing the math shows that I would have to give up 520 iced caffeine drinks a month to pay my health insurance bill, and I still would not cover all my family's medical expenses. As University of California-Irvine law school professor Katherine Porter told me in my book Pound Foolish: Exposing the Dark Side of the Personal Finance Industry: "You can't latte yourself to bankruptcy. The bladder won't stand for it."

Oh, and one other thing: our salaries are plunging. Median household income in 2011 equalled that in 1996.

Moreover, Cohen argues that telling people to cut back can lead them into worse financial trouble in the long-run. Take housing, for instance: people stretch not to buy the latest in McMansions, but to make sure their children are in a decent school district. In a country where education spending is determined on a hyper-local level, Cohen explains:

"It's not irrational to spend to your financial limits to buy in the best neighbourhood you can.

"People are making a trade-off. I can have personal financial security or send my children to a school with art and physical education. Or I can worry about retirement or worry about crime and a long commute."

Other major expenses also offer similar, "damned if you do, damned if you don't" choices. Give up health insurance and you'll save money – till the day you need more than basic care. Skip college and your lifetime earnings are almost certainly impacted. As a result, Cohen says our financial lives are increasingly a lose-lose situation, where if we lose a job or get into a car accident, we almost immediately slip over the financial edge.

Yet the situation feels so normal to us that we don't question it. Believing we're a nation of latte-swilling wastrels stops us from addressing the real causes of our personal financial woes: ever-increasing income inequality, falling salaries, and a lack of adequate government funding for everything from healthcare to education.

So why does the latte meme, though a fallacy, persist? Cohen told me he believes the myth of the fiscally promiscuous American appeals on both sides of the political spectrum. On the right, it lands squarely in the camp of personal responsibility – the idea that we are fully masters (or mistresses) of our fate. At the same time, fictions about our supposed free-spending ways also fits into a long-running leftist critique of the consumerist society – the idea that somehow our spending on luxuries is morally wrong.

The idea that our friends and neighbours waste their money also makes us feel better about our own decisions, if we embrace it. "It's wonderful for our self-esteem to look down at everyone else," Cohen told me.

But what's good for our day-to-day mental health does not make for good public policy.

David Bach, a financial author, assigns a memorable phrase to this phenomenon. He describes the small amounts we spend here and there as the Latte Factor. It comes from the notion that if we added up the cost of our daily lattes and saved it or invested it, we could build up wealth significantly faster.

As a certified money coach, he encourages his clients to build up a “rainy day” fund for events they could not have planned for: a car accident, a water leak, or even a sudden job loss. The most common objection he hears is, “Where will I find the money to save for this emergency fund?”

He always introduces them to the Latte Factor. He says “I challenge them to track every expenditure for one month. I can almost guarantee that those who complete the challenge will be surprised to discover where their money has been disappearing to.

I have used this tracking experiment with hundreds of people from all different socio-economic backgrounds.”

Here are the 8 most common money leaks he has witnessed:

1. Eating out. Americans go out for lunch on average twice a week and eat 18.2 meals per month outside the home—this averages to spending $232 each month eating meals prepared outside the home. At first glance, this may sound high—surely we don’t spend as much as the average.

But we tend to disregard how quickly it adds up: quick lunches at the office cafeteria, business lunches with associates, little snacks from the vending machine, a bag of chips before we hop on the train, pizza takeout on the way home, a weekend date, or a night out with friends. We never make all these purchases in the same day, but over the course of 30 days, they definitely begin to add up.

2. Coffee. There is no question that coffee plays an important role in workplaces across the United States—even the Latte Factor draws its name from the beverage. But rarely do we realize how much money we actually spend on it. The average American spends almost $15 a week on coffee or $1,100 annually.

This may seem like a significant amount of money to some or not much to others. But either way, it is money that could be directed toward paying down credit card debt, a student loan, or a burdensome car payment.

3. Books and magazines. Reading is important. He encourages people to do more of it. But if you are a prolific (or even regular) reader, you may not realize how much of your money is being spent on books and magazines. Book purchases are often small in nature, but if consistent, they add up. Frequently, readers who complete this tracking exercise are surprised how much of their income is spent there.

We are fortunate to live in a country where almost all communities have their own public libraries. Why not use them as much as possible? Another solution is to find a group of friends or family who regularly exchange and borrow books with one another.

4. Unused utility services. Paying our utility bills blindly often leads to overpaying for services. Are you watching all the cable channels you are currently paying for? When was the last time you used the 3-way calling or the call-forwarding options on your home phone? Taking a few minutes to review your bills and asking yourself if you really need these services could save you money every single month.

Call your service provider and ask what specials they currently have or what they can do to help decrease your bill. You may be pleasantly surprised how much a 10-minute phone call will save you.

5. Extra banking fees. When we don’t take the time to review our monthly bank statements, we often fall into the trap of blindly paying banking fees we could easily avoid—especially if you swipe your debit card more than your plan covers. Overdraft fees are another way your bank account gets hit or withdrawing cash from an ATM that is not associated with your bank.

You can quickly rack up $20 or more of additional fees each month if your banking plan is not the right fit, or if you consistently avoid walking one more block to withdraw money from your own bank’s ATM. Take the time to review your bank statement each month looking for inconsistencies. When you do, make a special note of Bank Charge line items.

6. iTunes. These days, most of us own a smartphone where our credit card is automatically linked to an online store. As might be expected, this arrangement makes it easy for us to press the “Buy it Now” button. One day, it’s a cool ringtone that “you really really want”; the next day, it’s a newly released single from your favorite artist; the day after, it’s a new app that seems so useful or entertaining.

And the cost is not just financial. While smartphone users spend $25 billion on mobile apps, we also spend over 2 hours every day using them.

7. Lottery tickets. When we are struggling financially, buying a lottery ticket becomes our glimpse of hope. For a few moments, when we are checking the numbers, we feel as if our life worries will suddenly vanish and our dream of living a debt-free life will finally come true. Through this small ticket, we see the light at the end of the tunnel.

But the truth is, it is simply an illusion. Hopes of a better life cannot be bought with $2 or $5. It’s something you consciously work towards, every day.

8. Amazon purchases. He spoke recently with a friend who ran his Amazon account history and was shocked to discover he had spent $11,000 over the past 4 years on Amazon. He noted that his history included one large purchase over $1,000 (a new laptop) and a few more items over $500. But the vast majority of his total bill had been spent purchasing items in the $10-$20 range.

These online purchases seemed small and insignificant individually. But over time, these impulse buys added up to a very significant number—the very definition of the Latter Factor.

Some of the areas above are certainly more relevant to you than others. They merely represent the 8 most common money leaks he has witnessed.

Paying attention to the small money leaks, while they are still leaks, will prevent them from becoming floods. More importantly, it will allow you to build your safety cushion to fall on when life happens.

Enhance your financial income so that you donot have to go about your expenditure on your coffee and all you have to do is to get going with our Best bank Nifty option tip or day trading tip and you are on the path of joining the elite club who do not have to worry for minuscule expenses like expenditure on coffee.

Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

Best share market tips provider award in India

Why Step-Motherly Treatment to Current Account Holders?

Bank Current account vs savings account meaning, opening documents procedur

Current bank accounts are very popular among companies, firms, public enterprises, businessmen who generally have a higher number of regular transactions with the bank. It is designed to suit the requirements of partnership firms, sole proprietors’ firms, individual self-employed professionals, start-ups, businessmen, business houses, traders, companies, enterprises, LLPs, entrepreneurs, etc.

These entities carry out regular financial transactions in their accounts hence Current Account is being offered to them as a convenient banking solution. The current account includes deposits, withdrawals, and contra transactions. Such accounts are also called the Demand Deposit Account.

Now when you open a Business, Small or Big, your transactions would be numerous and the money will come and go but would not be saved in the account. The transactions can be daily or hourly also. At the same time, the Current account allows Overdraft facility which gives the flexibility to the Businesses to pay their Customers or Clients today even if there is no money in the Account. It is like a Loan from Bank for a very less period like a Day or a Week or a Month depending upon the terms and relationship of the Business with the bank.

A Current account can be opened in most of the commercial banks. Current Accounts usually do not have any cap on the maximum number of transactions and that is the reason why the customers need not worry about processing of their transactions in a smooth way. Almost all the banks in India provide their various current account products which suit the varied needs of different customers. To open a current account is very easy and hassle free.

A current account and a savings account differ from each other in many ways. The primary difference between the two is the purpose of the account. A savings account, as the name suggests, is designated to help you save. Whereas, a current account is designated to help you facilitate everyday transactions.

A current account being a zero-account, is generally associated with huge transactions regularly. Because of the fluidity that these accounts offer, they don’t earn any interest. These also usually do not carry a limit on the number of transactions which can be made. Since current account balances tend to fluctuate quite a bit depending on the cash needs of the business, banks usually do not deploy these funds.

However, the current account holders are treated differently. They are given a step-motherly treatment as compared to their savings account holder counterparts. When we look at all the facilities that the savings account holders get, the current account holders are surely left behind.

Unlike Savings Account, it does not earn any interest on money deposited in this account. This is the biggest disadvantage of having a current account. Customers lose the opportunity cost on their funds which could have generated some portion of interest if kept somewhere else. Some of the banks offer slight interest but it is very low.

A savings account, on the other hand, offers interest on funds deposited. Of course, this is not very high, ranging from 3.5-6% per annum, which might not even be enough to cover inflation. Interest is calculated on the daily outstanding balance. However, the interest earned is credited to your account not daily but every quarter or half-year.

Whenever current account holder needs any additional service, he/ she is required to pay a huge amount of money as service charges because service charges in the current account are very high as compared to those of a savings account.

Banks do keep a limit on the issuance of free chequebooks or demand drafts e.g. 25 numbers per month. If you want more than that, you need to pay extra money for that. Many banks keep a cap on free cash deposits & free cash withdrawals on monthly basis. After crossing that limit, one needs to pay the cost.

You need to keep a certain minimum balance in most accounts, except in those classified as zero-balance accounts. Generally, banks require their customers to keep a larger minimum balance in current accounts compared to savings accounts. Higher Amount of Monthly Account Balance is required to be maintained in a Current account. If you do not maintain the minimum account balance, you will have to pay the penalty levied by the bank.

The fine print and the paperwork involved in current account maintenance is comparatively more confusing and lengthier than that of other types of accounts such as savings account, fixed account, etc.

Some of the banks do not provide free transactions and they charge transaction fees on current account transactions. These transactions may involve online fund transfer, withdrawing money from other bank's ATM, etc.

Unlike Savings Bank Accounts, you cannot place standing instructions to make bill payments automatically in your current account.

For more than a decade, there was just one mantra on every Indian banker’s lips — CASA. It delivered loads of profits for private sector banks, and it even became part of the lexicon at state-run banks over the years. It has become so ubiquitous that banners in branches in rural India scream ‘Deposit Mobilisation Programme — CASA’ when the client who walks in may hardly know what CASA stands for. But suddenly the power of that mantra seems to be waning.

Banks should give special facilities to their current account holders since a majority of their business comes from these CASAs.  

 CASA stands for current accounts and savings accounts of customers in banks. These are two categories of accounts where the cost of funds is low and have become crucial for bank profitability. Current accounts, usually maintained by businesses, have no interest at all. Savings accounts, where the salaried class keeps its earnings, had meagre interest rates, at least till the time RBI freed up the rates. 

 A current account savings account (CASA) is aimed at combining the features of savings and checking accounts to entice customers to keep their money in the bank. It pays very low or no interest on the current account and an above-average return on the savings portion. CASA is most commonly used in West and Southeast Asia, though the CASA structure is available globally.

The CASA is a non-term deposit, meaning it is used for the everyday banking and savings needs of the consumer. This type of account does not have a specific maturity or expiration date, so it is valid for as long as the account holder needs it to remain open. This is in contrast to a term deposit, which is open for a certain period of time. After the maturity date, the bank or institution pays a certain amount of interest on the principal balance.

A CASA operates like a normal bank account in which funds may be utilized at any time. It combines both the checking and savings functions into one. Because of this flexibility, a CASA has a lower interest rate than a term deposit, in which money is set aside to be untouched for a specific time period with a guaranteed interest rate.

Most banks offer CASAs to their customers for free. In some cases, there may be a small fee, depending on certain minimum or average balance requirements. These types of accounts attempt to limit the disintermediation that occurs when bank deposit interest is lower than other available short-term investments. A CASA tends to be a cheaper way for a bank to raise money than issuing term deposits, such as certificates of deposit (CDs), which offer higher interest rates to the customers.

Financial institutions encourage the use of a CASA because it generates a higher profit margin. Because the interest paid on the CASA deposit is lower than on a term deposit, the bank’s net interest income (NII) is higher. Thus, CASAs can be a cheaper source of funding for banks.

Demand deposits like CASAs let customers exchange a higher rate of interest for higher liquidity by giving them immediate access to their funds. However, because of the uncertainty relating to when a depositor will withdraw funds, CASA funds should not be utilized by a bank for long-term financing.

As noted above, the current account portion of the CASA does not earn any interest. There are generally no limits on deposits or withdrawals. The savings account portion does not have any restrictions on the number of deposits an account holder can make. However, it typically has restrictions on the number of withdrawals a person can make. This is put in place in order to encourage account holders to save. The maximum number of withdrawals permitted varies by institution.

The percentage of total bank deposits that are in a CASA is an important metric to determine the profitability of a bank. The CASA ratio indicates how much of a bank’s total deposits are in both current and savings accounts. The ratio can be calculated using the following formula:

A higher ratio means a larger portion of a bank’s deposits are in current and savings accounts, rather than term deposit accounts. This is beneficial to a bank because it gets money at a lower cost. Therefore, the CASA ratio is an indicator of the expense to raise funds and, therefore, is a reflection of a bank’s profitability or likelihood of generating profit.

The existence of the CASA can be seen as a product of especially competitive or saturated markets, in which financial service companies have to create a steady stream of new products and features that differentiate them among different providers. As it stands, very few people agree that any market has one best bank. Globally, a large share of individuals believes all banks and financial institutions are roughly the same.

Current account holders need to be treated better by the banking system of the county for the businesses to perform better. The facilities need to be improved manyfold still and even though the banking system of the country is doing alright, they still have a long way to go.

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Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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Are you Prone to Corruption? Self Examination

 Corruption self examination

We get loud people who sing all kinds of songs for honesty but you can check if you can become dishonest and you could have had tested it in corona times where you might have used more hand sanitiser which did not belong to you. If you have done it, it means you are prone to being dishonest.

- If you usually put more sugar in your tea when in a hotel than you do at home, you're likely to be corrupt.

- If you use more tissue in a public washroom than you do at home, you are a potential thief, if given the opportunity you would take what's not yours.

- If you serve yourself more food that you can finish just because someone else is footing the bill, you're greedy. 

- If you usually jump queues, you have potential for abusing office if given a powerful position. 

- If you are more concerned about knowing someone's surname rather than first name, you're likely to be a casteist bigot. It's even worse when someone tells you their name and you ask, "which caste is that?"

- If you usually overlap while in traffic jam or have no regard for traffic lights, then you would easily embezzle public funds if you're given a position at a public office since you hate regulation .

- If you channel waste or dirty water from your compound to a neighbour's compound rather than manage it, you're ill-mannered.

If you look at this post and wonder whether it was really necessary to talk about these issues; then you are dishonest and you would easily cover up ills in the society for your own benefit.

Let us try to be people of character wherever we find ourselves.

A country is as good, or bad, as its citizens make it. No Government can take action which ONLY THE CITIZENS can take - individually or collectively.

So let us start NOW to make our country, 🇮🇳, great by becoming GOOD CITIZENS.

Our aim is to make you just self realise that being honest at times is just the lack of the opportunity and let's take a pledge that we will use others items in the same quantity as we will use it if it belonged to us.

We look forward to your experiencing the honest stock tips and the Best Bank Nifty tips to make money in the stock market as making daily profit in the market is a habit which needs to be inculcated.

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Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or emotional decisions. We keep on getting a number of requests for helping these traders recover their lost money. We are proud to say that till date we have helped 1368 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info, accurate technical analysis which is backed by 30 Days Money Back Guarantee. Click on Image or Post Title to Read More.

Recover Market Losses, Recover money lost with your stock broker

Awards and Recognition

An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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