August 2024 - On Deck Refinance

Aug272024 by Joshua RawlsNo Comments

Different Types Of Debt Funds You Need to Know

Finance

When it comes to investing in mutual funds, many people think only of equity funds. Still, debt funds are an equally important option, especially for those who seek stable returns with lower risk. Debt funds primarily invest in fixed-income securities like treasury bills, government bonds, and other debt instruments. Let's dive into the different types of debt funds and understand how they cater to various financial goals, investment horizons, and risk profiles. Types of Debt Funds 1. Overnight Funds Overnight funds are debt funds that invest in securities with a maturity of just one day. These funds are designed to provide liquidity and convenience rather than high returns. They are typically used by corporate treasuries or investors looking to park their money for a very short per...

Essential factors you should consider before opening a Demat Account

Finance

Investors who are looking to invest in the stock market must have a Demat Account. A Demat account is the short form of a Dematerialized account and it is a mandatory account for anyone who wants to invest in a stock market. In this type of account, all the securities are held in electronic form. With the advent of a Demat account trading and management of securities have become more convenient. Detailed guidelines to understand the process and benefits of a Demat Account The following is the detailed process of opening a demat account: Account Opening Charges and Annual Fees: Before you open a Demat account you must access the cost associated with it. In most of the Depository Participants (DP), i.e., the authority that is responsible for opening the demat account charges a one...

The Vital Role of Chartered Accountants in Business Bookkeeping

Finance

Bookkeeping, the meticulous recording of financial transactions, is the backbone of any successful business. For many business owners, maintaining accurate and up-to-date financial records can be overwhelming and time-consuming. This is where chartered accountants Bangor Wales come into play. Their expertise in financial management can transform your business's bookkeeping from a daunting task into a streamlined, efficient process. Here’s how the best accountants Bangor can help with bookkeeping for your business. Expertise and Qualifications Comprehensive Training: Chartered accountants undergo rigorous education and training, gaining a deep understanding of accounting principles, financial regulations, and tax laws. This extensive training ensures they are well-equipped to han...