Introduction to StockEdge – Overview and important Feature

Published on: 16 August 2018 Last Updated on: 08 August 2019

1. Daily Updates :

Daily Updates

Who doesn’t like to get all the updates about financial markets at one place in a short and crisp manner? Stock Edge provides this feature in the “Daily updates” section. You just have to dedicate 5-10 minutes of your day to this section and you are ready with all the updates for the day.

It also helps those people who do not have much time to spare and still want to keep a track of the day-to-day activities of the markets.

2. Scans :

Scans

scan

Scans make it very easy for the user to filter out stocks that he wants on the different basis. For example, if the user wants to filter out stocks on the basis of profitability, he/she can use the fundamental scans, and if he/she wants to filter out stocks on the basis of technical scans like simple moving average scans, Relative Strength Index scans (RSI) etc., and he/she can do so by using the technical scans.

Likewise, there are many other scans available in the StockEdge application like price scans, volume and delivery scans, futures scans and options scans etc. The user can select the scan that he/she finds suitable and make scans accordingly.

For more detailed knowledge about each of the section of the StockEdge application, click here

3. Learn Section :

There is even a “Learn Section” on the StockEdge homepage. In this section, many useful materials for your reference are available as shown in the image below.

These materials are free to use by anyone who is using the StockEdge application. This section is a combination of different content that has been developed to know the concepts of financial markets.

What does it include?

It includes basic and advanced levels of capital market and financial market. It includes both written material and videos by an expert.

4. Tracking FII/DII activity :

Who are FIIs/DIIs?

Foreign institutional investors (FIIs) refers to people from other countries who are investing in Indian companies and Direct Institutional Investors (DIIs) are Indian Institutional Investors who invest in Indian Companies like banks, financial institutions, insurance companies, mutual funds etc.

What do they signify?

These traders trade in huge quantities so they have the capability to influence the movement of the market. This data helps in tracking the inflow and outflow of the money in the Indian market.

With the help of this data, one can track in which segment of the market, these investors are investing their money in whether cash market, futures market, stock options or stock futures.

5. Tracking what big investors are doing :

This section gives you a list of all the investors that purchase shares of a company for long-term because they believe that the company has strong growth prospects in the future. Tracking these big investors helps in getting an idea of where should one invest their money in only after proper study and “doing your homework”.

Suppose, you want to track the big bull of India, i.e. Rakesh Jhunjhunwala, all you need to do is type his name in the search box and you will get a list of people or institutions that are in any way related to Rakesh Jhunjhunwala. You can add all of them in your “investor group” and keep a track of them just by clicking on the group.

6. Search by Sector :

One can even search a stock by sector wise. For example, if you want to study how the automobile sector is performing, he/she can just click on the “sector” section and go to the automobile part. All the stocks are classified on the basis of the different sector which makes it easy for anyone to study a particular sector.

Bottom Line :

Stock Edge is best for anyone who does not have much time to invest in the stock market and still wants to earn returns higher than the bank deposit. StockEdge helps you to be your own analyst by providing with all the data that you need to analyze a company.

How to download the StockEdge application?

For Android (Google Play Store) users, you can click here to download the app.

For iOS users, you can click here to download the app.

You can also check out the video below for a better understanding of the application.

Link:-https://www.youtube.com/watch?v=h8ooI9Fo7Dg

Stock Edge provides you with all the analysis you required for self-research. However, if you still feel that you need a more customized learning environment, we present StockEdge club for you.

This is India’s first virtual club for stock market enthusiasts. This club will have the following features –

Access to 12 paid webinars that we conduct on a monthly basis.

Invitation to become part of one workshop in your city or in the nearby city.

Become a part of a What’s App group where there will be continuous learning, continuous doubt clearing, and continuous question and answer so that you become a more knowledgeable and learned participant of the financial market in India.

To know more about this, you can click here.

Read Also :

Guide to Investing: Getting Started in 8 Simple Steps

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6 Loan Mistakes Every Business Owner Must Avoid

If you’re a business owner, it’s highly likely to come across situations where you’ll need a business loan. In such events, a business loan can fulfill the fiscal deficit to help keep the business on track. The only catch is taking a business loan can sometimes be a complicated process, and owners might end up making uninformed decisions. We’ve listed below some common loan mistakes that every business owner must avoid while taking a business loan. Here are 6 Loan Mistakes Every Business Owner Must Avoid: 1. Waiting Until Last Minute: Business loans are not only for covering up last-minute emergency expenses. The best use-cases of a business loan can range anywhere from hiring new people to investing in new technology. Waiting till the last minute, when the business cannot go without an immediate availability of cash is a recipe for disaster. It’s always a good idea to prepare for the future, more so, in the case of a business. Last-minute decisions are often hasty and a result of poor judgment where business owners are likely to take any loan deal that comes their way. It can backfire and incur more losses in the future. 2. Borrowing More Than You Can Afford: Just because you are eligible for a huge business loan doesn’t mean you should take one. Before even applying for a business loan, you should evaluate your business’s present financial situation. If you end up borrowing more than you need, paying it back can get difficult. Furthermore, not spending everything will lead to ‘dead cash’ in your bank account. So, do your math, check your statements, and only apply for an amount that your business actually needs. 3. Not Knowing About Collateral-Free (Unsecured) Business Loans: Most banks will insist on having sufficient collateral before they approve any loan. Banks that require collateral will only provide secured loans. However, some banks and lenders offer business loans without any collateral. This type of loan is known as an unsecured loan where the business owner doesn’t have to pledge any business or personal assets to the bank. Unsecured business loans with bad credit are the best option for you if your credit score didn't reach the standard requirement of most lenders. 4. Not Keeping a Good Personal Credit Score: Different financial institutions will have different criteria for giving out business loans. However, most of them will definitely consider the credit score of the owner while processing any business loan application. A good credit score shows that you’re a good steward for your money. It also helps in negotiating better rates. Hence, maintaining a good personal credit score becomes critical for business owners. 5. Not Solving Current Cash Flow Problems: As a business owner, your entity may require money for different needs. However, if you’re looking to get a loan to fix irregular cash flow in your business, it might not be the wisest thing to do. Analyze why your company has irregular cash flow and don’t be a statistic of the sunk cost fallacy. Sure, you can have a temporary fix, but once the loan money is utilized, a business can again go back to the same. In such a situation, it’s important to make sure that finances are under control after utilizing loan money. 6. Not Knowing the Agreement: Signing an agreement without reading the finer details will put you as a business owner in an undesirable situation. Sometimes the financial institution giving out a business loan can put a little remark in the agreement that will require the borrower to pay additional fees. More than that, the agreement can even have a clause of variable interest rate. Hence, it becomes essential to read the documents carefully before signing. At any point, if you’re uncomfortable with the offer, talk with the lender to negotiate a better deal. Conclusion: It’s not unusual to hit occasional financial hurdles when running a business. To help overcome these situations – business loans from financial institutions can help owners get over financial difficulties. Gone are the days of lengthy processes or huge collaterals to take a business loan, so don’t be nervous if your business is losing some steam over money. Today, the online mode for business loan applications has made the entire process seamless, and financial institutions like ABFL Direct offer loans with no security whatsoever. There are minimum paperwork and a flexible tenure for business to pay it back. Read Also: Resolutions To Help The Small Business Owners To Avoid Being Bankrupt Benefits Of NBFC Business Loans

Understanding the Steps in Debt Collection

Every business owner understands the importance of collecting debt from clients and customers. When debtors are late in paying their obligation, your business will suffer losses. Although it is already part of the risk, you need not bear more than necessary. As such, it is also essential to know how the debt collection process works. Not only to protect your business interests but also to ensure that you are complying with the law. Steps in Debt Collection: 1. Client invoicing: The first step to recovering any debt is invoicing. Before you agree to any transaction with your client, the payment terms should be agreed upon. Ideally, you should be able to receive payment after sending out the invoice. 2. Following up and chasing after payment: Some clients inevitably end up not fulfilling their end of the obligation. When the payment is delayed, you can begin chasing after the customer. Some of the steps you can employ include sending emails, demand letters, and phone calls. At this stage, it is crucial to remain professional and polite. If possible, make new arrangements and extend the payment terms if it is feasible. 3. Suspend credit: As a creditor, it is your right to suspend or stop transacting with the client until all pending obligations are paid. Up to a certain extent, this strategy is effective because your client will also suffer business losses in return. If this method does not work, you have other options available such as hiring a debt collection agency. 4. Sending a final notice: The final notice is the last step before you begin to consider taking legal action against your debtor. This letter should contain the specific details of what you have done so far to try and collect payment. After sending the last notice and you still have not received a response, you can proceed with pursuing legal action. 5. Taking legal action: Pursuing legal action for non-payment of debt is your last resort. Typically, you have two options based on the amount owed to you. The first option is through mediation via the small claims court. The court will order the debtor to settle the payment, including interest and associated legal fees. Your second option is to hire a debt collecting agency. These agencies are third parties who act on your behalf, whether to enforce a court decision or to collect payment. There are many ways a debt collection agency can help you. In addition to standard collection services, they also help with debt recovery, tracing and tracking debtors, and insolvency proceedings. If you resort to this solution, it is vital to ensure that you are working with a reputable company. Learn about the practices employed by the agency and find out if they are compliant with legal regulations. Indeed, collecting debt is a tedious matter. And while hiring a debt collection agency may increase your success rate, working with a less-reputable agency could damage your reputation. Look only for a trusted firm and be thorough in researching their methods, past work, and other credentials. Conclusion: As a Debt Collection company working with a financial bank, it is important that your agents use the latest digitally advanced techniques to help your client. This means using ringless voicemail debt collectors should always be a part of your business strategy. After you send the final notice, you know that the lender is not going to cooperate. In order to justify the future course of action, you can use ringless voicemails. Read Also: Debt Consolidation Plans For Your Debt Relief Top Tips For 2018: Student Loan Hacks What Are The Types Of Debt That Can Be Discharged In Bankruptcy?

4 Tips for Not Panicking When You Get a Letter From the IRS

A letter from the IRS may seem serious, but the situation that results in the letter may not always be serious. You may find that you're receiving a notification of a minor error or small sum of money that you owe. Even an audit isn't causing to panic — the IRS may simply need some additional information in your personal files. Follow these tips to handle communications from the IRS in a calm, sensible manner. Read the IRS Document Carefully: Image via Flickr by dvs You should always open and review documents from the IRS as soon as you receive them. The IRS will attempt to connect with you by mail to make initial contact regarding any issues with unpaid tax debt, tax filing errors, tax audits, and other issues. The sooner you address the problem, the easier it will typically be to find a satisfactory resolution. If you ignore letters from the IRS, it is possible for the agency to reach out to you by phone. The IRS recently started working with private debt collection companies to handle unpaid tax debt. Many telephone scams exist as well, and you should be vigilant about confirming any information that you receive by telephone. Keep Your Tax Documents Organized: Ideally, you'll have your tax documents for the last three years safely stored and ready for your review at any time you may need them. These materials include documentation regarding any protections you may enjoy through a third-party tax filing service. Many websites and companies provide audit protection or a guarantee of accuracy, which can give you valuable peace of mind if an audit should arise. If you do not have these documents on hand, you should take the time to gather them as soon as you're informed of any type of dispute or IRS audit. Having these documents provides an important sense of security going forward. Verify the Tax Issue: Before you make arrangements with the IRS to settle a debt, make sure that the amount of the debt is correct. The IRS may occasionally make errors, so it's crucial that you check the numbers for yourself and file a dispute if you believe that the figure is incorrect. Contact the IRS immediately if you believe that the agency is operating with incorrect information. Explore Your Tax Debt Options: If you owe a debt to the IRS, you don't necessarily have to pay the full sum immediately. You can explore several tax debt options. Understanding these options can help you avoid panic, particularly if you're facing a debt too large to pay at once. You may qualify for an offer in compromise, a condition in which you settle your debt with the IRS for a lower sum of money. You can also request that the IRS delay collection or set up a payment plan to handle the debt in a series of installments. If you hear from the IRS, you should take the time to thoroughly review all communications so that you understand what the IRS requests from you. If you need assistance navigating an audit, tax debt, or other situation, don't hesitate to reach out to a professional for help. Read Also: Eight Essential Tips For Getting Out Of Debt What Are The Types Of Debt That Can Be Discharged In Bankruptcy?

Introduction to StockEdge – Overview and important Feature

1. Daily Updates :

2. Scans :