The growth of passively managed and exchange-traded funds (ETFs) has been a notable recent development in fund management. The assets held by ETFs have increased even more rapidly than those of the industry, and now account for more than 20% of the NYSE market capitalization (and about a third of its traded volume). This has …
Ask any financial expert, and you’ll hear stocks are one of the keys to building long-term wealth. But the tricky thing with stocks is that while over years they can grow in value exponentially, their day-to-day movement is impossible to predict with total accuracy.Which begs the question: How can you make money in stocks?Actually, it …
For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. What Is a Good FICO® Score? The base FICO® Scores range from 300 to 850, and a good credit …
The Indian equity benchmarks are expected to open flat or marginally higher today, as trends in the SGX Nifty indicate a mildly positive start for the broader index with a gain of 14 points after Nifty closed 24 points higher at 17,624 on Monday. SGX futures stood at 17,699. The BSE Sensex in the previous …
As simple as it is to invest in mutual funds (MF) these days, keeping track of your portfolio can become quite a task if you have too many investments and too many MF folios. But this can be avoided if you just know how to manage your MF folios. What is an MF folio? Mutual …
In this article, we will discuss tips and tricks for a personal loan that you should follow in 2023. A personal loan is very helpful in times of need and it can be used for a variety of purposes. Preparing your profile well before applying for a personal loan highly increases the chances of faster …
Despite improvement over the last decade, financial inclusion in the Middle East and North Africa (MENA) region remains relatively low. According to the Global Findex, only 53% of adults in MENA have an account (including mobile money) as of 2021, up from 38% in 2011. By comparison, the same headline indicator for Sub-Saharan Africa in …
Getting a personal loan is often easier if your income is sufficient to repay the loan you have applied for. The lender would check your income, employment, credit score and residence proof before accepting your loan application. Since a personal loan is an unsecured loan, a borrower does not need to pledge any collateral to …
Having a financial account is essential for adults to save, borrow, make payments, and manage unexpected expenses. However, financial products come with risks, especially for those with limited financial knowledge or living in countries with poor consumer protection systems. Inexperienced account owners are vulnerable to fraud, over-indebtedness, and misunderstandings about account terms and fee structures. …
It used to be that a chief financial officer’s primary focus was on the traditional functions of the job: monitoring cash flow and financial activities; serving as a controller and accounting expert; limiting unnecessary spending; and ensuring that financial decisions conformed to standard operating procedures. These duties are still critical, of course, but they’re increasingly …