Savings vs Investments – Which One Is A Better Option.

Whether you’ve been working on your finances for years or you’ve just started, it can be hard to know when you should be saving and when you should be investing.

Savings is comparatively a safer route, because the rupees amount on your bank account won’t normally reduce unless you withdraw funds, but interest rates on savings accounts don’t allow your money to grow very quickly. Unfortunately, interest rates are often lower than inflation. This means that your savings may lose purchasing power over time.

It’s always tempting for all of us to want to invest in order to get higher returns and to beat inflation. Unfortunately, the value of your investment is not always going to rise. In some cases, investment can become completely worthless.

So, how do you know when you’re supposed to stick to a safer route and save or risk more to earn higher returns and invest?

Pros & Cons of Savings:


Savings usually remain unaffected by any economic event. Since they do not fluctuate in value, we can achieve our goals by a set timeline and a fixed amount.
Savings are the key primary step of investment. If you don’t save, you’re not going to have anything to invest in.
Savings can help us to set goals in the most disciplined way possible.

Most savings plans do offer interest rates, but they are not high enough to beat the inflation rate.
The purchasing power of our money can fall over time due to inflation. Therefore, saving is best suited to short-term objectives only.
You’ve got to save a big corpus of money to achieve big goals, because your money isn’t going to grow over time.
When You Should Save?

Saving rather than investing also allows you to achieve your goal on time as long as you save the right amount each month. Take the total amount you need to save and divide it by the number of months until you have reached your goal to find the amount you need to save each month.

Pros & Cons of Invsting:


Investing will help you beat the inflation with a unique feature known as wealth compounding. Simply put, the earlier we invest, the more our profits will multiply with the passage of time.
Because of faster growth rate, we’re not going to have to set aside as much money for a goal at the moment, compared to simply saving money.
Investment helps us overcome inflationary pressures. Indeed, investing in the equity segment can often make money grow at such a high rate that it beats inflation in the future.

Investments are affected by a wide range of factors, such as economic events, company outcomes, etc. In order to be successful, one must study all the relevant factors.
Investing returns come at the expense of proportionate risks. Any form of investment does not guarantee returns.
Investing requires very good knowledge, some basic analytical skills and patience. It takes intensive practice to become a skilful investor.
When You Should Invest?

Investment gives your money the potential to grow faster than you could in a savings account. If you have a long time to meet your goal, your returns will increase. Basically, this means that, in addition to a higher rate of return on investment, your investment earnings will also make money over time. Investing wisely into the share market can get maximum returns on your investment. If you are just starting out you can also join online share market classes to learn about stock market and achieve your goals faster.

Trading Bitcoin Vs. BTC Futures – Which One Is Best for You

Expert traders have been using BTC futures for years, but small investors or retailers are yet missing out on the opportunities due to incomplete or incorrect understanding of the instrument.

With the rise in the number of crypto trading exchanges like PCEX Member, Binance, FTX, Bitfinex, Bybit, and Kraken offering BTC futures trading, the comparison Trading Bitcoin Vs. BTC Futures is most likely to surface in the mind of investors like you.

PCEX Member a cryptocurrency exchange in India explains both spot and futures instruments, and their pros and cons along with tips to maximize the ROI with either of the options. Our objective is to help you find the answer – which one is the best investment option – yourself.

Understanding the Difference: Spot Vs Futures Trading

In spot trading, there is a real-time settlement between the buyer and seller of the BTC asset. The requirements of buyer and seller go into the Order Book as Bid Price and Ask Price respectively and matchmaking or orders take place. Once the trading is over, the buyer gets the cryptocurrency in the definite lot size, while the seller receives fiat or stable coin (or other assets, sometimes NFTs).

In the BTC futures, the trade is based on opposite speculations made by the buyer and seller on the BTC futures price at a pre-defined point of time in the future. They deposit the margin amount with the exchange. The price of futures tracks the price of an underlying asset. No one initially gains or losses anything from it at the time of the contract. They wait for the contract to expire or go for a settlement by terminating in advance. Their profit or loss is estimated on the spot price on the crypto asset on that particular expiration or termination date. The differential of the price is credited to the account of the buyer or seller.

To make speculations in the right direction, you must have a sound understanding of the complex factors like expiration, liquidity, volatility, and any relevant news.

Here are highlights of the pros and cons of Bitcoin Spot and Bitcoin Futures.

Pros of investing with BTC spot

Low risk
Immediate monetization
Gain ownership
No complexity as you know the current value
Cons of investing with BTC spot

Low return
Pros of investing with BTC Future

High return
Cash settled (no wallet required)
Low trading fee
Cons of investing with BTC Future

Price Limits cut into trading profits
High risk
Not an ideal instrument for short-term investors
What instrument type is right for you?

Beginner or experienced – no matter what type of investor you are, if you want to go for a long-term investment, BTC futures is the best bet. Going with BTC futures for a short-term could be a bit risky if you are not fully aware of the market dynamics.

The liquidity score (0 – 1,000) of a market pair is a decisive factor. The mark 1,000 reflects the most liquid of markets and 0 as the most illiquid one. The higher the score, the more liquid a market is. The lower the score, the less liquid the market is. Wondering what is liquidity? It’s a measure of the ease of buying or selling an asset in the market. Owning an asset with high liquidity has its advantage. You can sell it anytime in the market to make a profit. There is little fluctuation in its price.

Trading Bitcoin or BTC futures – once you choose your investment portfolio, the next step is to find the right trading exchange. Key determinants of a healthy exchange are as follows:

BTC Dominance

Know how well your BTC asset is performing at the target exchange. BTC dominance is the share of BTC out of the total trade volume including that of altcoins (all other coins besides BTC). Compare the BTC dominance percentage across multiple top exchanges including PCEX Member, Binance, Bybit, and Kraken. Going with an exchange with a high BTC dominance value is a safe decision.

Market Capitalization

The market capitalization of the exchange is the overall trading volume across all crypto assets including Bitcoin and altcoins. It reveals the financial strength of the exchange. Investing in an exchange with high market capitalization is undeniably the better choice.


The term “markets” stands for “highly liquid cryptocurrencies” pairs that are being traded on an exchange. Here is a list of the top 10 markets by the time of writing this post (January 14, 2021).

The pair BTC/USDT is certainly the most promising one. It’s dominant positing signifies that more buyers and sellers are trading in this pair followed by BTC/USD. The availability of more investors is a positive aspect. You can immediately find the best buyer or seller to maximize your profit from the trade. For Indian investors, whether investing in Bitcoin spot or BTC future, the pairing of crypto like btc to INR is highly recommended. PCEX Member supports both INR and USD as a fiat currency.

Hope, you have earned the understanding to make the right choice – Bitcoin Vs BTC futures. PCEX Member equips you with the knowledge and tools you need to make a high profit in a marketplace as volatile as crypto trading.

Why Large Family Floater Health Plans are always Better than Individual Top-Up Plans

Some buyers prefer to go with an individual top-up plan, whereas others stick with a family-floater health plan. However, the latter has an edge over the former in many ways.

Want to know how? Read on to learn more about it in detail.

Why does investing in a family floater health plan constitute a better investment option than an individual top-up plan?

An individual top-up plan only covers the health and hospitalization needs of a specific individual. On the other hand, a large family floater health plan meets the requirements of an entire family.

No doubt, an individual top-up plan seems good on paper as it is less expensive. However, it may not be a feasible option if you have a large family. In such a case, you would need to invest in a separate plan for each member, which may put your finances under strain.

You would be better off investing in a single plan that covers the needs of all the members of your family. A family floater health plan packs this benefit in a single package.

A single individual may not use up the entire sum insured. However, this situation may not arise if it is shared among the members of a large family. This will become clear if you consider the example below.

If you buy an individual top-up plan worth 10 Lakhs, then you will need to use up the whole benefit on your own. If the sum insured is for four members of a family, then there can be two possibilities. Either one of the family members can use the whole sum insured or share it among the family members.

But that’s not all; it also benefits you in several other ways compared to an individual health top-up plan.

A family floater health plan comes with a higher sum insured in comparison to an individual health plan. This is because the former is meant for more beneficiaries than the latter.

A health insurance plan revolves around the needs of many members of a family. As such, it comes at a lower premium than the sum total of several individual top-up plans.

Final thoughts

Both individual top-up health insurance and family floater health insurance plans are beneficial in different ways. The latter turns out to be more favorable if you have a large family with several members. Any member of a family can either use the entire sum insured or share it with other beneficiaries. As such, it serves the needs of everyone in a family without making it necessary to subscribe to individual plans for all members.

How To Recover From Stock Trading Losses

The financial losses make a person feel very helpless. According to 2019 report of WHO on suicide, nearly 79% of people globally commit suicide due to financial problems.

This reason makes it essential to address this issue. In this post, we will inform you about the ways to recover from losses in stock trading.

What Stock Trading Losses Can One Come Across? Paper Loss
One can define It as a loss on an investment that is not realised yet. It occurs when the current price of the stock is lower or decreases than the price paid for it. For example, an investor bought Microsoft share for 500 and the next day it decreased to 450. Although the loss did not occur, an investor came under stress. The loss would have happened if the investor sold it for less than what he had paid.

Loss of Opportunities
This loss occurs when an investor damages a chance to allocate money in a financial investment with high returns. For example, suppose an investor invested Usd 500 in a stock that every trader perceived to give good returns. After the trader invested in stock, its value did not increase for a while.No dividend was paid on the stock. There were no losses on the stock; the investor held it for some time and did not diversify their portfolio. It is lost opportunities.

Capital Loss
Capital losses are those losses where the stock price decrease in comparison to the initial buying price of the stock. This loss is not realised until the investor sells the stock. When the trader sells the stock and loss occurs, it is realised capital loss.

Profit Loss
The situation of profit loss occurs when an investor loses a significant stock run-up after they have sold the stock.

How To Recover From Stock Trading Losses Accept responsibility for the loss.
In the stock market, one should invest the money; they can afford to lose. This statement is very true in regards to stock trading. If you have made investments above your capacity or made a wrong decision, then you must take responsibility for it. It would help if you understood why this loss occurred and adjust your trading style accordingly.

Make A Plan for Stock Trading
If the loss occurred because you did not have a trading plan or system. Then now you must get informed about how to craft a trading plan. The trading plans are essential when you are trading in stock markets. Every trader has their well-crafted trading plan. Having a trading plan will surely help you in getting more money, instead of losing.

Diversify Your Portfolio
In the stock market diversification of investments is a good idea. You will surely bear a lot of loss if you invest your money in one instrument. If you diversify your stock portfolio, if stock of one price falls, your portfolio will not be adversely affected. It is because price fluctuations are not the same for all the stock. The price fluctuation has different effects on different stocks.

The market forces, like demand and supply, also affect the prices of stocks. If more people want to buy a stock than sell it, then the price moves up and vice versa. You should not only diversify your portfolio with stocks but invest in other financial instruments as well. You can invest in foreign currencies, derivatives, cryptocurrencies, commodities and indices.

Learn how to use stop-loss order and leverage smartly.
Stop-loss order is an order that investors place with the broker to buy and sell stocks at a specific price. The stop-loss order is a mechanism that limits investors stock loss.this can help significantly to minimise losses.

Leverage is a mechanism that allows investors to increase their market exposure. It allows investors to pay less than the full amount of the investment. Traders use credits given by the brokers to pay a percentage of the transaction.

Take Help of Financial Advisor
The financial advisors are trained and certified professionals who have specialised knowledge about financial trading. They will surely be able to help in making a perfect plan and portfolio for investment in stocks.

You can take services of a human financial advisor, and also seek Robo advisors for help. The Robo advisors are the software programs that use algorithms to provide financial advisory services. These advisors sometimes prove to be better than traditional advisors.

The traders that are beginning to trade spend more time on learning how to make a profit from stock trading. They do not devote more time in learning about risk management and loss recovery. If you look on the internet, there are more articles on how to make big money. But fewer articles on loss recovery. As a last piece of advice, we would like to say that one should learn about risk management also. The COVID-19 pandemic has also increased, its importance even further.

About Blueberry Markets
Blueberry Markets is managed and based in Australia without seaward workplaces. Probably the most well-known forex trading coaches have suggested this broker. Read Blueberry Markets review before investing with a broker here. It is additionally an indication of substantial examination and investment into finding a quality traders pool that will continue trading. It lines up with the organisation vision.

The Australian Dollar, Greenback, Japanese Yen, and Market

The United States President Donald Trump took steps to ban transactions with the Chinese owners of two popular mobile applications. Thus, on Friday, the United States dollar rebounded while other major currencies weakened.

On Thursday, the United States President Donald Trump issued an order to ban transactions with ByteDance. ByteDance is a Chinese company that owns the video-sharing app TikTok. Moreover, he banned transactions with Tencent Holdings Ltd. Tencent Holdings Ltd is a company that owns WeChat messaging applications.

Even though employment data in the United States was forecasted to come in weaker, the United States dollar strengthened. Nevertheless, any surprise to the upside would push the dollar higher, with expectations being so low. That is what analysts said.

Dollar and Others

Esther Maria Reichelt works at Commerzbank. She is a currency analyst there. So, Reichelt said that what matters now for currencies is still the economic outlook. Moreover, she added that the key is still which countries emerge after coronavirus as winners.

Reichelt said that it is easy for the United States dollar to find a reason to appreciate it again.

Due later Friday, non-farm payrolls are widely forecasted to show United States jobs creation slowed in July compare from the previous month. Thus, it will most probably indicate a resurgence in coronavirus infections is undermining the economic recovery there.

The euro last traded down 0.3% at $1.1845. Thus, it retreated from its highs. Meanwhile, the British sterling also decreased by 0.2% to $1.3115.

Furthermore, against the dollar, other major currencies weakened. Nevertheless, the Japanese yen was the only outlier, last trading flat at 105.58.

The Australian dollar fell. Concerns about worsening Chinese-United States relations hurt the Aussie. Also, the Reserve Bank of Australia made a downbeat assessment of the local economy.

Home Loans Illinois – USDA Home Loans with zero down payment

Another positive side of USDA loans is that these are processed very easily and quickly since they require minimum credit requirements. Regardless of you’re buying a replacement home, trying to find refinancing options for an existing property or for foreclosures, USDA home loans are for everybody.

Also there’s no loan or acreage limit for USDA home loans so you’ll borrow the maximum amount as you would like. Conversely, if you decide for a standard loan program or borrow from bank/ credit unions, you’ll need to bear pre-payment penalties. But with USDA home loans there’s no such thing as prepayment penalty. Home improvements projects also can be very expensive, especially if you’re trying to find an entire overhaul. But don’t worry; you’ll get financed for repairs and enhancements from USDA loans.

The USDA Loans Eligibility Map shows the areas we cover in extending the advantages of USDA home loans to our customers. USDA Loans Direct is committed to supply you with the simplest home equity credit program. Since loan eligibility and requirements differ from state to state, we’ve compiled resources to assist you assess your eligibility for a USDA rural home equity credit. Click on the state names below to seek out out the eligibility requirement of individual states.

-USDA Rural Development Loan Overview

-100% Financing. No deposit required.

-Low Fixed Rate Mortgage Options.

-Can be used for Existing Homes, Foreclosures, or New Construction.

-Simple Loan Process. Find our short application form here.

-No Loan Limit. No Acreage Limit.

-No Prepayment Penalty.

-Can get Funds for Repairs or Improvements

Home Loans Indiana

Home Loans Indiana – Qualify for USDA home equity credit Today!

Securing a home equity credit in Indiana are often very difficult if you’ve got limited income, since you’ve got to pay huge down payments and afford high interest rates if you pass conventional loans. Now you’ve got a neater and cheaper alternative. With USDA home loans in Indiana, you’ll qualify for a home equity credit albeit you’ve got low income. USDA home loans are dedicated to low to moderate income groups, who are unable to urge financing from other sources. Now you’ll become a home-owner with an income as low as 50% of the AMI.


Indiana may be a small state within the west of Appalachians which supply excellent community living and business opportunities. The most important single day sports event is hosted here in Indiana and has an in depth history of car racing. Indiana is a perfect location to relocate since its well balanced education system, great business and employment opportunities and excellent local amenities.

To get qualified for a USDA home equity credit in Indiana, you’ve got to qualify to the income guidelines. This is often because USDA home loans are dedicated to people belonging to the low to moderate income groups. So as to filter the eligible families, USDA has specified a couple of income guidelines.

To be eligible for USDA home loans Indiana, you want to have an income which is 115% of the AMI (area median income). USDA Direct home loans are for people that have income between 50-80% of AMI (low income) and below 50% of the AMI (very low income).

4 Common Tax Saving Mistakes You Might Make?

Every person has one thing in my mind while paying the taxes is to save it. We have made a to-do list that you can check at the last minute and avoid errors while filing a tax. Some people are also not aware that they can save their tax while investing in investments. Most of the people are below 6.5 lakhs they can save a lot of money rather than paying as tax. We at Imperial Finsol gives advice

· Where to invest?

· What to invest?

· How to invest?

· How your taxes can be saved?

1. Purchasing an irrelevant insurance policy.

Saving is an important part of tax investment. If we are talking about insurance policy people generally purchase it from their relatives or anyone closer to them. When a financial planner asks them about the investment they show their insurance policy. But actually, Insurance policy is their expense, it is not an investment that can be benefitted in the long term.

2. Waiting till the Last will always be benefitted

With tax-saving instruments such as ELSS mutual funds, you don’t really need to wait till the last. We can make investments anytime. Through Imperial Finsol you can always keep a watch on your investment through their app. If we do investment at the last moment there will a lot of headaches at the end. It is always beneficial if we do the investment at the beginning of the Financial year, It saves a lot of time and patience. Even if you are opting for FD & PPF it is also necessary to start it at the beginning of the Financial year.

3. Lack of knowledge of lock-in periods and their relationship with Inflation

Many new tax-saving investors often fixate on “stability” and “safety”, after comfort. The lock-in period is justified away. But with most options having a lock-in period of at least 5 years and 15 years in the case of PPF, you are at risk of underestimating the impact of inflation and what your money will amount to at the end of the tenure. You need to ask yourself – are you making the most of your hard-earned money?

With tax saving mutual funds, your money is most likely to stay well ahead of inflation, even if inflation goes up. At a historical rate of 7 percent, inflation is likely to make things cost double what they do now, in a decade. This means that lock-in of 15 years will also have significant consequences inflation wise. Many investors forget this fact.

Your tax-saving money can be a significant part of your long term wealth corpus if you invest right. A lakh a year invested is no laughing matter when you are looking at the growth rates the equity market is capable of generating (about 12 percent going forward is the expectation). ELSS tax saving funds are the primary tax-saving tool that can exploit this fact. You are potentially looking at a Rs 24 lakh corpus in 10 years by just investing Rs 8,000 a month in tax saving funds.

Auditing Firm in Dubai | Accounting Firms Dubai | Xact Auditing of Accounts

Xact Auditing delivers top notch audit & assurance services by following standards of International Standards of Auditing (ISA). Xact Auditing offers exceptional accounting & bookkeeping services as per the International Financial Reporting Standard (IFRS). Xact Auditing is a registered tax consultants in UAE. Our tax experts provide authentic and high class VAT and tax services followed by the laws and regulations of Federal Tax Authority (FTA).

We offer numerous industry-specific practices, world-class resources, and an unparalleled commitment to meeting our clients’ needs. Providing the right solutions to meet clients’ primary business goals is what makes Xact unique. Our purpose is to make an impact that matters.

Audit & Assurance Services Accounting & Bookkeeping Services VAT & Excise Tax Services Business Set up & Liquidation Services

Importance of Financial Audit Services in Dubai
High quality and accurate financial statement audit are necessary to maintain the confidence of an investor or shareholder. Xact Auditing professional approved auditors in Dubai are committed and seek challenges to dig deep and find out valuable opportunities based on a thorough understanding of the nature of business and its processes. To get quality and timely financial audit services in Dubai, Contact Us!

All About QuickBooks Database Server Manager

Though QuickBooks is the leading accounting software in the market in today’s date, still some users face difficulties with the QuickBooks software. Some users face QuickBooks minor errors like QuickBooks Error 6000 -80 that is usually the error related to the company files.

Important Points To Remember Before Using the QuickBooks Database Server Manager

The following are the points that you need to remember before you use the QuickBooks Database Server Manager:

This tool will create .ND (Network Data) files and store the created files on the host device.
If you are willing to use multiple versions of the QuickBooks application, you are required to install separate and Multiple Versions of the QuickBooks Database Server Manager.
Make sure that you have the latest version of the QuickBooks application software before running the QuickBooks Database Server Manager.

Steps To Download and Install the QuickBooks Database Server Manager

Given below are the steps that help in Downloading and installing this tool:

Visit the QuickBooks official website to download this tool.
Search and click on the download link.
After that, close all the programs running in the background.
Open the downloaded file i.e, Setup_QuickBooks.exe.
Follow the instruction displaying on the computer screen to install the QuickBooks Database Server Manager tool in your system successfully.
QuickBooks will ask about the install type, select the ‘Custom or Network’ option.
Click the ‘Next’ option.
Follow the remaining instructions on the screen.
After that, select the ‘Allow’ option to provide necessary permissions.
Click the ‘Save and Close’ option.
How to Set-up the QuickBooks Database Server Manager

The following are the steps to set-up the QuickBooks Database Server Manager:

Start your computer.
Go to the Windows Start menu.
In the search bar, type ‘Services’ and open it.
Search and open the QuickBooksDBXX file.
Move to the ‘General’ tab and search for the ‘Service’ section.
From the drop-down menu, choose the ‘Automatic’ option.
Go to the ‘Login’ tab and select the ‘Local System’ option.
Navigate your cursor to the ‘Recovery’ tab and from the drop-down menu, choose the ‘Restart the Service’ option.
Move back to the ‘General’ tab.
Select the ‘Start’ option to restart the QuickBooks Database Server Manager.

What is Income Tax

Income Tax is an example of Direct Tax.

When a person earns his/her income during a particular period then, at the end of that relevant period he/she is required to pay tax on his income. This is known as Income Tax.

For the purpose of Income Tax, the term person includes:

An individual
A Hindu Undivided Family (HUF)
Association of Person (AOP)
Body of Individual (BOI)
Local Authority
A person has to pay Income Tax if he earns income from various sources such as:

Income from Salaries
Income from House Properties
Income from his Business or Profession
Income from Capital Gain
Income from Other Sources
The amount payable under Income Tax depends upon how much income a person is generated.

There are different slab rates, according to which a person has to pay his Income Tax. The income taxslabs also depend upon the age of the individual.