Zoho Books: Proprietary accounting software with a free plan - handy for freelancers/startups constrained by budget. QuickBooks: Paid accounting software that we recommend for small and medium businesses selling products (with inventory solution). FreshBooks: Proprietary accounting software that we recommend to freelancers, startups, digital businesses. Katana … [Read more...] about A quick look at popular proprietary accounting software based on niche
Mutual Funds: Not just for equities or saving taxes but substitutes for other investment products including fixed deposits and gold Many believe that mutual funds are all about investing in stocks/shares of listed companies. Some also know that they can invest in mutual funds and save taxes. However, mutual funds offer substitutes for almost all other investment products. For … [Read more...] about Mutual funds or equity shares while understanding mutual funds as proxy for other investment products
AAPL Chart by TradingView Traders provide value to investors as trading makes a stock liquid, helping stock price reach closer to its intrinsic value. Suppose there is no trading for Google and a particular investor wants to exit. He/she may have to sell at a discounted price, lower than the intrinsic value of the share. In the worse case, he/she may not be able to … [Read more...] about Why share trading not a zero-sum game?
Just like there is a market for shares of listed companies or commodities, not surprisingly, buy and sell of domain names/websites/apps too have their own marketplaces, popularly classified as digital assets. The most popular one perhaps is Flippa. There is an active community that is open to starter websites as well. This is unlike bigger players such as Empire Flippers and FE … [Read more...] about Digital assets: Three ways to flip a domain name with connected website
The business of banking falls under priority services and all banks whether public or private in India need to comply with stringent guidelines by the RBI. While NPAs (nonperforming assets) are part of their businesses, there is a limit set by RBI as part of good governance. New banks are allowed to be floated only after they demonstrate they are here for the long … [Read more...] about Dividend play and how investing in bank stocks and public sector units different from the rest?