StartupTalky

Tag: Investing

  • Best AI Tools For Stock Analysis

    Picture this: you’re sitting at your desk, a steaming cup of coffee in hand, ready to invest some mullahs in the stock market or as we popularly call it – the share bazaar. But as you scan the endless sea of numbers and charts, you can’t help but feel a bit overwhelmed. Sound familiar? We’ve all been there. The stock market can be a tricky beast to tame, but what if we told you there’s a secret weapon that could give you an edge? This is where AI stock analysis tool steal the thunder, for the greater good! How? Let’s find out.

    TradingView
    Finviz
    Seeking Alpha
    Stock Rover
    Koyfin

    TradingView

    Website in.tradingview.com
    Rating 4.5
    Free Trial Yes
    Platforms Supported Web, IOS/Android
    TradingView - Best AI Tools For Stock Analysis
    TradingView – Best AI Tools For Stock Analysis

    When it comes to the best AI tools for stock analysis, TradingView stands out as a powerhouse. This platform has become a go-to resource for traders and investors worldwide, boasting an impressive user base of over 60 million. It’s not just popular; it’s the top website globally for all things investing, and for good reason.

    Key Features

    TradingView offers a comprehensive suite of tools that cater to both novice and experienced traders. At its core, the platform provides unparalleled charting capabilities. With over 400 built-in indicators, 100,000+ community-built indicators, and 110+ drawing tools, you’ve got a veritable playground for technical analysis at your fingertips. The platform supports 15+ chart types and 20+ timeframes, giving you the flexibility to analyse stocks, futures, and options in whatever way suits your trading style. Its AI-powered pattern recognition tool has been amazing to say the least. This clever bit of tech automatically scans charts for various technical patterns like head and shoulders, double tops/bottoms, and triangles. It’s a real time-saver, ensuring you don’t miss any potentially significant chart formations.

    For those interested in intraday trading, TradingView’s real-time market data and customisable alerts are invaluable. You can set up to 400 alerts on the premium plan, ensuring you never miss a trading opportunity. The platform also offers a unique Bar Replay feature, allowing you to practise your trading strategies on historical data – a fantastic tool for honing your skills without risking real money.

    Pros and Cons

    Pros:

    • Comprehensive stock screening tools
    • AI-powered pattern recognition
    • Extensive charting capabilities
    • Real-time market data
    • User-friendly interface
    • Available on web, desktop, and mobile platforms

    Cons:

    • Free plan is limited
    • Higher-tier plans may be costly for some investors
    • Certain areas of the website can be poorly organised
    Plan Pricing
    Essential ₹995/Month
    Plus ₹1995/Month
    Premium ₹3995/Month

    Finviz

    Website www.finviz.com
    Rating 4.1
    Free Trial No
    Platforms Supported Web, IOS/Android
    Finviz - Best AI Tools For Stock Analysis
    Finviz – Best AI Tools For Stock Analysis

    This New York-based platform offers a suite of features that cater to both individual investors and institutional clients. Finviz specialises in stock screening, in-depth equity research, and advanced financial visualisation tools, making it an invaluable resource for navigating market volatility.

    Features

    Finviz boasts an impressive array of tools designed to enhance stock analysis and trading strategies. Its stock screener is a standout feature, allowing users to sift through over 8,500 stocks and ETFs based on 67 financial and technical criteria. This powerful tool is complemented by 33 distinct chart patterns and 30 trading signals, providing a robust foundation for technical analysis. One of Finviz’s most notable features is its ability to recognise chart patterns automatically. This AI-powered functionality can identify 33 different patterns, saving traders valuable time and potentially uncovering opportunities they might have otherwise missed.

    For those interested in intraday trading and real-time market data, Finviz Elite offers 1-minute interval updates. This feature is particularly useful for traders who need to make quick decisions based on the latest market movements. Finviz also excels in presenting market data through its innovative heatmaps. These visual tools offer a dynamic representation of US and global stock market performances, allowing users to quickly identify potential trading opportunities and sector trends.

    Pros and Cons

    Pros:

    • Comprehensive stock screening tools with 67 unique metrics
    • AI-powered pattern recognition for 33 chart patterns
    • Real-time data and 1-minute interval updates (Elite version)
    • Efficient tracking of market insider transactions and news updates
    • Quick visualisation of sector and industry trends through heatmaps

    Cons:

    • Elite backtesting features could offer more versatility
    • Limited set of 21 chart indicators
    • Absence of dedicated mobile applications for Android and iOS devices
    Plan Pricing
    Free $0/Month
    Elite $24.96/Month

    14 Best Trading Platforms in India for Beginners in 2024
    Discover the top trading apps in India for beginners. From user-friendly interfaces to expert guidance, find the best trading app for you.
    StartupTalkyAlan Joseph

    Seeking Alpha

    Website www.seekingalpha.com
    Rating 4.1
    Free Trial Yes
    Platforms Supported Web, IOS/Android
    Seeking Alpha - Best AI Tools For Stock Analysis
    Seeking Alpha – Best AI Tools For Stock Analysis

    Seeking Alpha has its name right up there among the best AI tools for stock analysis, offering a comprehensive platform for investors to navigate market volatility and make informed decisions. This world-leading investing community connects investors daily to discover and share new ideas, discuss the latest news, and debate the merits of stocks.

    Features

    Seeking Alpha boasts an impressive array of features designed to enhance stock analysis and trading strategies. The platform covers a wide range of assets, from stocks and ETFs to commodities and cryptocurrencies. One of its standout features is access to professional-calibre investing tools, including factor grades and quant ratings that summarise each stock’s characteristics. The platform’s quant algorithm picks stocks with the strongest collective metrics compared to their sector, providing valuable insights for investors looking to identify potential opportunities. Seeking Alpha’s ‘Strong Buy’ stock picks have been outperforming the market by more than 4-to-1, making it a valuable resource for those interested in stock price prediction.

    For those focused on intraday trading or futures and options analysis, Seeking Alpha offers real-time market data and customisable alerts. The platform’s earnings calendar showcases upcoming reports for companies in an investor’s portfolio, enabling users to stay informed about the latest financial results that may impact their positions.

    Pros and Cons

    Pros:

    • Comprehensive coverage of various asset classes
    • Access to professional-grade investing tools
    • Strong community of contributors providing diverse insights
    • Customisable alerts and news feeds
    • Integration with brokerage accounts for automatic portfolio tracking

    Cons:

    • Overwhelming amount of information for some users
    • Potential for conflicting advice from different contributors
    • Limited coverage of certain asset classes, such as pink sheet stocks
    • User-generated content may require additional verification
    Plan Pricing
    Basic $0/Month
    Premium $4.95/Month
    Pro $99/Month

    Stock Rover

    Website www.stockrover.com
    Rating 4.6
    Free Trial Yes
    Platforms Supported Web, IOS/Android
    Stock Rover - Best AI Tools For Stock Analysis
    Stock Rover – Best AI Tools For Stock Analysis

    This web-based platform provides an impressive array of tools to enhance stock analysis and trading strategies, making it an invaluable resource for passing through market volatility.

    Key Features

    Stock Rover boasts an extensive set of capabilities designed to streamline the stock analysis process. Its stock screener is particularly noteworthy, allowing users to sift through over 8,500 stocks and ETFs based on more than 500 financial, operational, and efficiency metrics. This powerful tool is complemented by over 140 pre-built screeners, catering to various investment strategies. The platform’s charting capabilities are equally impressive, offering the ability to plot stocks, ETFs, funds, and indices. Users can access a wide range of fundamental and technical charts, including candlestick and dividend-adjusted return options. This makes Stock Rover an excellent choice for those interested in stock charting and technical analysis.

    For investors focused on intraday trading or futures and options analysis, Stock Rover provides real-time market data and customisable alerts. The platform’s earnings calendar is another valuable feature, helping users stay informed about upcoming financial results that may impact their positions.

    Pros and Cons

    Pros:

    • Comprehensive stock screening tools with over 500 metrics
    • Powerful charting capabilities for technical analysis
    • Real-time market data and customisable alerts
    • Extensive library of pre-built screeners
    • Portfolio management features, including trade planning and rebalancing

    Cons:

    • Limited customer support for free plan users
    • Higher-tier plans may be costly for some investors
    • No dedicated mobile applications
    Plan Pricing
    Essential $7.99/Month
    Premium $17.99/Month
    Premium Plus $27.99/Month

    How to Invest in Foreign Stocks from India?
    Want to invest in Foreign Stocks? Here is a guide to help you know the benefits of investing in foreign stocks & how to invest in foreign stocks.
    StartupTalkySushree Sangeeta Behera

    Koyfin

    Website www.koyfin.com
    Rating 4.8
    Free Trial Yes
    Platforms Supported Web, IOS/Android
    Koyfin - Best AI Tools For Stock Analysis
    Koyfin – Best AI Tools For Stock Analysis

    Koyfin stands out as one of the best AI tools for stock analysis, offering a comprehensive global market analytics platform for investors to navigate market volatility and make informed decisions. This powerful tool caters to both individual and professional investors, providing a wide range of features to enhance stock analysis and trading strategies.

    Main Features

    Koyfin boasts an impressive array of tools designed to streamline the stock analysis process. The platform covers a vast range of assets, including global stocks, ETFs, mutual funds, fixed income, indices, currencies, and commodities. Its stock screener allows users to scan through over 90,000 stocks, ETFs, and mutual funds using more than 5,900 philtre criteria, making it an invaluable resource for identifying potential trading opportunities. The customisable dashboards at Koyfin are beautiful, allowing users to tailor their workspace to fit their unique investment management style and preferences. These dashboards can be shared with followers, fostering a collaborative environment among investors.

    For those interested in intraday trading or futures and options analysis, Koyfin provides real-time market data and customisable alerts. The platform’s economic calendar and news feed keep users informed about market-moving events and company-specific news.

    Pros and Cons

    Pros:

    • Comprehensive coverage of global markets and asset classes
    • Powerful stock screening tools with extensive philtre criteria
    • Customisable dashboards and watchlists
    • Real-time market data and alerts
    • User-friendly interface with fast, no-nonsense financial charting

    Cons:

    • Higher-tier plans may be costly for some individual investors
    • Limited social features compared to some other platforms
    • Some advanced features only available in higher-tier plans
    Plan Pricing
    Free $0/Month
    Plus $39/Month
    Pro $79/Month
    Advisor Pro $179/Month

    Conclusion

    Well, each tool we’ve explored has its unique strengths to help sail through the choppy waters of the stock market. These platforms are not your average number crunchers – they’re like having a team of expert analysts at your fingertips, ready to help you make sense of the market’s ups and downs. While these AI tools are incredibly powerful, it is important to understand that they’re just that – tools. They’re here to support your decision-making, not replace it. Your own research, intuition, and risk management strategies still play a crucial role in your investment journey. And hey, if you’re looking for more insights, memes, news, and case studies to complement your newfound AI knowledge, why not give StartupTalky a follow on Instagram? We’re always sharing fresh content to keep you in the loop. Happy investing, and may your portfolio always be in the green!

    FAQ

    Which are the best AI tools for stock analysis?

    Here are some of the best AI tools for stock analysis:

    • TradingView
    • Finviz
    • Seeking Alpha
    • Stock Rover
    • Koyfin

    Yes, AI trading/Algorithmic trading is legal in India, provided it complies with SEBI regulations on algorithmic trading and risk management.

    Can I use AI to analyze stocks?

    Yes, you can use AI to analyze stocks. AI tools can identify patterns, perform technical analysis, and predict stock performance based on historical data and market trends.

  • 15 Passive Income Sources | Best Ways to Start Earning Today

    People confuse passive income with the money earned just by sitting around idly. While a part of it is true, it is a misleading definition. Passive income is a source of income that is not directly tied to your time. For example, an employee earns money by putting in 40 hours a week in an office. Every day that they decide not to work leads to a deduction from their salary. What if you could earn without putting in fixed hours continuously? Something like growing a tree requires initial work to ensure that it is healthy and bears fruit in the end.

    So, passive income is a form of income source where, once you set up everything, you can leave the source on autopilot with minimal interruptions. So, what are some ways to earn passive income? Let’s look at the most popular passive income sources that you can start working on today and potentially earn a handsome amount of money with dedicated efforts. Does that make sense?

    Passive Income Sources to Earn From in 2023

    Investing
    Content Creation
    YouTube
    Social Media
    Blogs
    Affiliate Marketing
    Podcasts
    Sell Digital Products
    Resell Retail Products
    Teaching
    Sell Pictures
    Google AdSense
    Selling Notes

    Investing

    Investing means putting your money into various financial instruments to earn an income due to interest or value appreciation. You start by picking the alternative to invest in crypto, FDs, mutual funds, stocks, etc. Depending on your income and risk appetite, you can select a channel to invest and earn a passive income. The biggest issue with this option is that you need money to get started. Also, there is a chance to lose all your funds in case of loss or a market crash. The safest investing option with moderate income potential is SIP, where you invest your money into a bunch of top companies to generate assured income. Certain channels as stocks require constant monitoring and juggling around them. You can pick a channel based on your convenience factor and how much time you are willing to invest.

    Content Creation

    Breakdown of Time Taken by Creators for Creating New Content
    Breakdown of Time Taken by Creators for Creating New Content

    Content creation is one of the most booming income stream options. People use it as a proper and only source of income as well. However, if you don’t have time, with restricted hours, you can build a content library to earn without having to keep creating content. There are multiple platforms on which you can create content and aim at various content formats- videos, audio, texts, etc.

    YouTube

    YouTube involves creating video-based content. You could pick a niche and start creating content. However, the money doesn’t come instantly. It takes about 1000 subscribers and 4000 watch hours to start getting paid. But, once your channel picks up the traffic, you could earn even with reduced time allocation. The income starts from as low as $100 (₹8000) and can up to lakhs as your channel grows. It takes 3-4 years for some people to start earning, while some channels boom within a few months. The core idea is to offer valuable content that either educates or entertains the audience.

    Ways to Get More Subscribers To Your YouTube Channel
    There are many tricks that every YouTuber can implement for a successful YouTube career. Here are Different ways to get more YouTube subscribers.
    StartupTalkyParidhi Mehrotra

    Social Media

    Content creation on social media could include both video and image formats. You start by picking a desired social media platform to build an audience. You do this again by offering valuable content. Once you build the audience, you can monetize them in multiple ways. It could be by selling digital products, sponsorships, etc. Each platform has a dedicated content format and algorithms. You need to understand the audience, their needs, and their algorithms to survive in the competitive content creation industry.

    Blogs

    Blogs have been a great way to earn passive income for ages. If you think you can write about a particular niche, then you should opt for blogging. You will need to buy a domain and build a website. It would not cost you a lot. But if you want cheaper alternatives, you could start on platforms like Medium, where getting started is easier. However, you will be dependent on a third-party website for user information and also income potential reduces. With a proper website, you can leverage Google Adsense to earn. Also, collaborations or paid sponsorships act as a great income source for blogging.

    Affiliate Marketing

    Affiliate marketing is promoting someone’s product in exchange for earning a commission. Now, this one requires audience building in the form of a community or group of people who purchase from your recommendation. You earn a small percentage, depending on the product and terms, for each purchase. Now, some companies pay for each referral, while others pay for each purchase. For products with a subscription model, one might earn a consistent commission as long as the consumer stays with the company. If you have a great network to sell affiliate products, you could start earning quickly.

    Podcasts

    The podcast is an audio-based content creation channel. Here, you create audio-based content to entertain or educate your audience. Start by picking the platform to upload and start your podcast, which can be Apple, Spotify, Google, or any other desired one. Again, the main aim is to build an audience, that can be monetized with time to earn a passive income. Like other content creation channels, it takes time to monetize your podcasts. You need to build a strong and loyal audience base.

    How to Create a Podcast for Beginners

    Sell Digital Products

    Selling digital products is a way to earn a passive income as well as the most popular way to monetize your audience. Often many content creators create some digital product to earn a passive income on the side. It requires a one-time effort and gets paid for each sale. For instance, if you write an ebook in a niche in which you have expertise. Then every time the book sells, you earn without having to actively sell. You might need continuous promotion to create demand and awareness, but nonetheless, it is a great way to earn without having to toil yourself all the time. Now, you could deal with four major categories:

    1. Info Products: Info products include ebooks or other resource material in digital format to educate the audience. You will need to start by deciding the core topics of the info product- what will you talk about? Then, after the completion of info product creation, you decide on a platform to sell your info product. It is advisable to set up a website and sell products to avoid commission cuts.
    2. Courses: You can sell courses on many platforms such as Udemy. Look for niches where you can add value for the audience and create a course. Decide pricing for your course that people will be willing to pay. Finally, promote your product, which is crucial for each digital product to inform and motivate the target audience.
    3. Templates: You can create and sell templates on Gumroad and other platforms to earn income. For instance, there are templates for budget allocation, preschool shopping, dairy writing, and much more. You simply need to analyze the need of the customers/ audience and create a product. One thing to notice, third-party apps like Gumroad cut commission fees for each sale.

    Resell Retail Products

    Reselling or flipping products with a profit margin is a great way to earn a passive income. You will start by deciding the market and target audience, to whom you will sell. After this, you finalize the products and vendors for procuring and selling these goods. Now, this is an active income source. If you wish to convert it to passive income, you can create a dedicated website for easy ordering and sell effortlessly. This way you will set systems in place and can earn passive income.

    Teaching

    Another option that a lot of students and married or unmarried housewives opt for is teaching or tutoring. You could teach the children in the locality depending upon your educational qualification. It requires a limited 4–5 hours a day and pays really well. However, this requires a direct time investment. You earn only as long as you teach, which keeps you hooked on the job and doesn’t give much flexibility. So, instead, you could opt for platforms that allow you to record and deliver lectures.

    Sell Pictures

    You can get paid to click, upload, and sell your pictures. Some websites pay you to upload and help you sell your pictures like stock images. So, if you click good-quality pictures, you can earn a side income by selling pictures. You don’t need to continuously keep updating and uploading pictures. Instead, once you put it on the respective website, you can earn it every time someone buys and uses the image.

    You could sell pictures (animated or not) on many websites, like Canva, Adobe Stock, Crestock, Fotolia, Freepik, etc. You earn about 40% royalties on the photos, depending on the platform. Some platforms offer a flat rate of, say, $2.5 per download of the image. These numbers are evolving, and the income potential is variable. Depending on the platform and the kind of pictures you upload, it can vary.

    Google AdSense

    Google Adsense is the ads you see on Google and YouTube. For each click, the content creator of that page earns an income. Now, you can earn an income from Google AdSense by creating content on YouTube, writing blogs, or running a website. Google Adsense displays ads along with your content. If people click on it or make purchases via that ad, you earn for each view or purchase.

    9 Best Advertising Platforms for Brand Campaigns to Run On
    Are you planning to video advertise your brand campaign? Here are the top 9 platforms to try for your next brand campaign and to run video ads.
    StartupTalkyAlan Joseph

    Selling Notes

    Selling notes is one of the easiest ways to earn money, especially as a college or high school student. If you already have your notes, all you need to do is merge and compile them into a comprehensive and useful resource. However, you need to keep a decent price point for these and find students who buy these notes. Generally, it is easier in colleges due to an identical syllabus across universities. This way, you can earn passive income by creating notes once and selling them year after year.

    So, with all these sources, you can start early to earn money on the side and gradually make enough money to sustain basic needs. Many people rely on these as their source of living. If you are starting early or on the side, it can be great to try out multiple things to pursue them later in the future.

    Conclusion

    So, of all these, which one should you pick? Of course, interest in a particular field matters a lot. Apart from that, look at these three factors to decide which field to go into: income potential, entry barrier, and maintenance. Does the field give you enough money to sustain your needs and your income goals? Is it easier to get started? Will I be able to continue this in the long run in the future? If the answer to all these is yes, then you can pick an income source to get started. One thing to remember is that you can only earn money by providing value. No matter how easy or hard it is to start or how much you earn, if you don’t provide value, you will not sustain for long.

    FAQs

    What is the best passive income source?

    The best passive income sources include:

    • Investing
    • Content Creation
    • YouTube
    • Blogs
    • Podcasts
    • Google AdSense

    What is affiliate marketing?

    Affiliate marketing is promoting someone’s product in exchange for earning a commission. You earn a small percentage, depending on the product and terms, for each purchase.

    Where can I sell pictures online?

    You could sell pictures (animated or not) on many websites, like Canva, Adobe Stock, Crestock, Fotolia, Freepik, etc.

  • Is Spending Good for the Economy? Should We Save or Invest?

    Money has always been the prime driving factor of any economy since human settlements started to be sophisticated. From the barter system to the current complicated transactions, the value of services and objects has always been a determining factor. And this value is satisfied today largely through the use of money.

    As our economy goes through its highs and lows, it is inevitable that people get confused as to whether they should spend money or save money. This is also because of the fact that there is an unending cycle caused due to the necessity to save money to buy services and to spend money to buy services.

    We have always been taught to save money as much as we can. The more we save and the less we spend, the better will be the financial security and stability of our economy. This is something that is constantly fed on to us.

    However, Economists across the world have a different opinion in this regard. They say that consumers should strike a balance between spending and saving. It will be harmful either for the individual or the economy if this balance goes off.

    Why you should spend money to Support the Economy?
    Things to know before you spend to Support the Economy
    Why you should save and invest money to Support the Economy?
    Things to Know about Savings

    Why you should spend money to Support the Economy?

    GDP of India
    GDP of India

    As far as the economy is concerned, consumer spending is a very important thing to keep it stable and better. Had the rich people of the past and present decided to save their money in their closet without spending it, there would have been absolutely no progress in the economy.

    The national economy improves only when there is a healthy flow of money through all units of transactions. This is because when you make any kind of large purchase like a house, car or shop; it creates a ripple effect in the economy. It will start to benefit the people associated with the industry and the other local businesses. This is due to the circular flow of money in the economy. Your spending will become another person’s income and vice versa.

    Lack of consumer spending can even lead to an economic slowdown. This happens because of the before-mentioned ripple effect. When money doesn’t flow, companies will be unable to reach their profit margins, there will be losses, it will in turn affect the incentives and salaries of the employees which will further affect the people who are dependent on them. Like drivers, house helpers, street vendors etc.

    When that happens, the purchasing power of people is affected which will adversely impact the supply-demand nuances of an economy. It can even lead to a recession when left unchecked.

    Spending also does not mean that you should use up all your money. It should be in ways that will benefit you immediately or in the longer run. It should first satisfy all your needs. When it comes to wants, you need to analyse what all you actually have to spend for and take a decision that best suits your conscience.  

    Things to know before you spend to Support the Economy

    Check your surroundings

    The fact that you should spend money does not mean that you should do it blindly. There are a lot of things that you need to consider before that. The spending capacity of every person varies, and it is based on this capacity that one should control their spending.

    Career and Spending

    The first thing that one needs to look for is the general employment condition. Analyse if the job you are in at the moment is stable, is it in demand, are there any chances of layoffs etc. Apart from that, analyse the growth of your company as well. If it is expanding over the years, then it is a positive sign.

    You need to have a backup plan if there are any chances for unprecedented repercussions. For example, uncertainty is more if your company depends on something external for their expansion like weather, any particular raw material etc.

    Family Planning

    Your spending should also depend on the nature of your family. Have a thorough analysis of the future plans of your family, your health conditions and also your parent’s plans. Your spending pattern will vary depending on whether you and your partner are planning to have any children, expecting any large repairs on your assets, potential health issues, or retirement plans of your parents, among other things.

    Impact of IPL on Indian Economy
    Cricket is like a religion in India, Many cricket fans every year await for IPL, but do you know how influential impact IPL has on the Indian Economy? Lets find out
    StartupTalkyShruti Jalan

    Why you should save and invest money to Support the Economy?

    While we talk about the importance of spending to boost the economy. Let’s not forget that all kinds of spending are not the same. It should have a long-term reciprocal benefit as well. A logical analysis of the economy shows that the route to improved productivity of a nation lies in the improvement of capital goods.

    This can be done only when you save your money and invest it in productive activities. However, be mindful that saving is totally different from hoarding. This is the reason why it was said earlier that one needs to strike a balance between spending and saving.

    Saving does not mean dormancy of your money. It simply means that it is entrusted with productive activities that will subsequently improve the economy, unlike hoarding.

    Things to Know about Savings

    People tend to inherently have an attitude to save money due to the constant reinforcement we have had about financial management. However, everybody needs to know about certain nuances and advantages of savings and how they will impact the economy.

    Safe haven

    If you have good savings means you are better protected against debt. You can cover your unexpected expenses without taking a loan. It is indeed a great relief considering the repercussions that a thoughtless loan can have. Along the same line, it will help you control your living expenses and thereby finish your loans as soon as possible. This means that your ability to recover during an economic hardship is higher and that will further improve the chances of recovery of the economy. It also means that you are better protected when you are living on your own means.

    Top 5 Factors That Affect Your Personal Loan Eligibility
    Planning to get a personal loan? But unsure if you’ll qualify or not. Take a look at these factors that affect Your Personal Loan Eligibility.
    StartupTalkyAnamika Mahapatra

    Inflation and Savings

    Savings are not without any risks. Depending on the condition of your nation’s economy the value of your savings can increase, remain constant or depreciate. People who save and invest will have to pay a huge price if the economy goes through a recession. So brace yourselves for uncertainties and losses while you save as well.

    Knowing the Difference

    The balance that we need to have between spending and saving is the most important discipline that we need to follow to support the economy. To spend does not mean that you should use your money to buy all the things you want.

    Neither does that mean that you should donate everything you get. You should be able to analyse your needs and wants. Have a critical approach to decide on which all of your ‘wants’ should you address after satisfying your needs.

    This critical approach goes for saving as well. Saving all your money in your drawer does not help you or the economy. For your savings to improve, you need to channelise them in the right direction. Make sure that they are productive activities and will positively influence your savings. It is also important to remember that savings do not equate with hoarding.

    Conclusion

    As responsible citizens, we need to be mindful of the options we have with regard to supporting our economy. At the end of the day, a healthy and expanding economy will be beneficial to each one of us. When you spend, make sure to do it in a way that is most useful to most people around you. And while saving too, make sure that it improves over time. Let’s all do our part to help our nation prosper.

    FAQs

    How does spending increase economic growth?

    Higher government spending will also have an impact on the supply-side of the economy – depending on which area of government spending is increased.

    How do you build a strong economy?

    Keeping Manufacturing Units in the Country and reducing the cost of borrowing and increasing consumer spending and investment can help in building a strong economy.

    Is saving bad for economy?

    A rising personal saving rate can temporarily slow economic activity, assuming no other changes to income.

  • Investment vs Trade: The Differences To Acknowledge For Better Profit

    A financial market is looked upon by both investors as well as traders to gain an advantage by the means of sharing and buying financial assets with utmost security. The financial market broadly classifies the terms that stand for a marketplace where bonds, currencies, and equity are traded off. The financial market serves as a connecting link between investors and collectors by joining them with capital. The two different aspects of taking part in the financial market are Investors and traders. Investors look out for the opportunity to invest in an eligible place, whereas traders lookout to trade their part with increased value. The basic definition and other useful details about both parts are shared below.

    Investment
    Things to consider before investing
    Points to remember for successful Investment
    Trade
    Things to consider before trading
    Points to remember for having a successful trading
    Investing vs Trading

    Investing vs Trading: Investing is done for a longer duration with minimal risk to gain average profit. Whereas, Trading is done within a limited period involving higher risk and profit.
    Investing vs Trading: Investing is done for a longer duration with minimal risk to gain average profit. Whereas, Trading is done within a limited period involving higher risk and profit.

    Investment

    Investment is defined as putting money into financial schemes, shares, and properties to achieve higher profit. It can also be considered as purchasing an item with the thought of selling it in the future to gain an extra from its increased value. In other language investing means allocating money with the expectations of some benefits or returns in the future. The return can either be counted as a benefit or can turn into a loss. Investors generally expect more return from riskier investments. If a low risk or low investment is made, the return is also generally low i.e. Low investment gives low profit.

    Things to consider before investing

    Risk

    Risk is an essential point to consider before investing. Every investment is prone to some level of risk. There can be a high chance of losing some of the whole investing amounts before its outcome.

    Every person gives a different response to ‘risk’, and the best reaction is noted from previous similar experiences encountered. Most investors or consultants suggest that you should exit a financial investment when the investment value is scrapped to 80%.

    Return

    There are two types of returns on financial investments, Assured Returns and Variable Returns.

    Assured and variable returns are now replaced by Least Volatile and Highly Volatile returns. The least volatile financial investment includes parts like debt instruments and small saving schemes. Whereas, Equity, Gold, and real estate are counted under Highly Volatile investments. The only ‘risk’ free return is a fixed deposit return. Investors should decide the percentage of exposure in the Least and Highly Volatile investment.

    Taxation

    Taxation is the most important point of financial investments. Taxation benefits can be reversed under specified conditions. The Short Term Capital Gains (STCG) for an investment period under three years are taxed at the individual slab rate, but the Long Term Capital Gains (LTCG) are taxed at 20% plus surcharge and cess with indexation.

    How Do Tax-Free Countries Make Money?
    Do you know there are countries that have no income tax but how do these counries run without taxing the people? Let’s find out.
    StartupTalkyAbinaya Arangarajan

    Income source

    Income and source of income are also important in investment. Salary may be a more stable source of income than self-employed or businessmen persons. Families with more sources of income can be more secure compared to single-income source families. The double income family saves more and more saving means more investment.

    Knowledge of finance

    Investors should know financial aspects before starting with the basic process. As blind investment is suicidal. Hence, taking advice from knowledgeable persons and experienced people is the best way to start followed by a few searches on the web.

    Points to remember for successful Investment

    Make a financial plan

    Before making any investments, one needs to be fully aware of the financial background and the expectations from it. There is no guarantee of getting benefits from each investment. Few investments can turn into tremendous victory whereas some can prevail as a failure. It’s very essential to make a financial plan before starting with investment planning.

    Taking risks.

    Besides all investments, there is some sort of risks. Risks like losing all or some amount of money can also occur and some similar situations can also prevail. However, the higher the risk, the higher returning benefits.  Hence, it is essential to consider all risk factors before investing.

    Avoid fraud investments

    Some investments use high publicity news to give assurance of more profit. Before trusting such options, it is more recommended to get an additional inquiry done from related persons.

    Always maintain an emergency fund

    Always put some savings outside the investment to cover an emergency. Emergencies can be situations like loss of investing amount and its notable profit. At those moments, emergency funds can come in handy.

    How to Create the Worse Scenario Budget? | Emergency Fund
    Businesses must be prepared for Emergency strikes. Read to know how to create your worst scenario budget and plan for an emergency fund.
    StartupTalkyPreeti Karna

    Be up-to-date

    Being up to date about financial assets plays an important role in investments. Keeping an eye on the current financial investment assets makes the investment better. As for those lagging in being up to date can cause them great misfortune of losing their investing amount due to inappropriate knowledge.

    Trade

    Trade involves the purchasing and selling of goods and services with compensation paid by a buyer to a seller. Trading refers to the exchange of securities through sale and purchase. On the other hand, we can say that trading is buying, selling, or exchanging assets. The financial market consists of the trading of securities such as shares, currencies, commodities, and derivatives. The trading market aims to make a profit by buying at a lower price and selling at a higher price within a short period. A trader can be anyone from an individual investor to a global institution. We can trade directly or with the help of a broker.

    Things to consider before trading

    Risk

    Trading is riskier than investing. Market risk is the major risk of trading and is out of anyone’s control. Market risk is bound to rise or fall, but knowing the risks and making a market plan could save you from losing your money.

    Profit

    Trading is more profitable than investment. Trading provides one with the option of earning extra credits without any set limits. Indian stock market is one of the highest liquidity markets where people can make any amount of money. Profit depends on the purchase and sale of desired stock. We can say the profit depends upon the stock market value.

    Points to remember for having a successful trading

    Keep an eye on the market

    Trading wholly depends on the basic propaganda of the market, i.e. demand and supply. Before trading, one must learn the basics of the stock market by keeping an eye on financial news, the price range of stocks, and taking up a course on the stock market are all excellent ways to become an efficient trader. Online stock trading simulators help to learn online trading efficiently and accurately.

    Make a plan

    To become successful in financial goals, it is better to make a strategic plan. Since the trading is riskier, advance decisions should be made on options like the last limit of investing, eligible loss amount, etc. The practice is the golden key to becoming a successful online trader.

    No Investment/Low Investment Business You Can Start in 2021
    Want to start your own business but lack funds? Here are some profitable businesses you can start with no investment or very minimal investment.
    StartupTalkyChayanika Goswami

    Trust

    Trading is all about knowing the market and how the market is changing. As a trader, one needs to be fully confident in their strategies. Most of the profits can be earned through a personalized strategy applied at the perfect time instead of going ahead with the option of following others’ plans in trade.

    Holding the stocks

    One can buy stocks and hold them for better profit. The holding of socks may help them with more profit because of the long-term purchase of high-quality stock at a low price when their demands go up. However, it is always applicable to some amount of risk due to the involvement of uncertainty.

    Investing vs Trading

    Now the most important question is, which one is better? Investment or trading? It is very difficult to choose which one is better because investment and trading are two different aspects of finance. However, the guide shared above can help one determine a better option. If someone wants to take no risks or low risks and avoid volatility, investing is better for you. You will get an 8% to 10% return annually. Investment means short-term wins and can get fewer several losses. If someone is more of a  risk-taker and would like the chance to earn money in a short time, trading is considered the best option for them. Trading can be a thrilling way to earn quick money and may also lead to big losses.

    Conclusion

    Investing stands for buying any stock or product to create wealth. Trading means purchasing and selling products to make profits. Both the methods give a similar output of generating profit. However, they both vary in their processes ad risk factors. Investing is typically for those looking out to create wealth within some interval of time and trading is generally for those looking out to generate profit in less amount of time.

    FAQs

    what is meant by financial investment?

    Financial Investments stands for the fixed amount sided to gain some percentage from it at the speculated interval of time.

    Which are online platforms available for investing?

    Some of the online platforms for investing are eToroeToro, Fidelity Investments, E*Trade, etc.

  • Insights on the Indian Startup Ecosystem Shared by a Venture Capitalist

    Mr. Amit Ratanpal is an alumnus of Harvard Business School with over 20 years of experience across private equity, capital markets, asset management, and investment banking with large organizations like Birla Sun Life and ICICI Group. He has also set up various domestic and global funds, through which he invested and managed ~INR 300 Cr with multiple successful exits. Leveraging his experience and strengths, he co-founded BLinC with his partner RK Rangan, to support entrepreneurs and invest in EdTech and FinTech sectors in India.

    Here is an excerpt of the interview with Mr. Amit Ratanpal, Founder & MD, BLinC Invest on Indian Startup Ecosystem.

    How was the year 2021 for you as an investor/VC?

    It was definitely a high-momentum period as private investments touched new peaks and multiple unicorns emerged throughout the year from all sectors. 2021 was a milestone year for BLinC – we had successful exits, launched our INR 100 Cr BLinC Fund II, and also made our first investment from the Fund in an InsurTech company named Vital.

    How often do you bet on the entrepreneurs and not on the ideas? And when/if you do that, what quality of the entrepreneur usually makes you do that?

    As an investor, I always strive to find the perfect balance between the quality of the promoter and the scalability of the business idea. We at BLinC work very closely with the promoters of our portfolio company, and hence, alignment with the promoters plays a key role in our investment decisions. It is always great to work with experienced and honest entrepreneurs who are good at business execution, organization development, and fundraising.

    What is a warning sign for you when investing in a startup?

    I prefer investing in startups whose key management team is execution-focused and takes a hands-on approach to the business. Another red flag is when promoters do not have a clear understanding of what problem they are trying to solve for their customers and how significant it is.

    What are some common biases you find in the Indian Startup ecosystem?

    One of the most common biases in the Indian startup ecosystem is “growth over profitability”. Businesses today adopt a high-burn-high-growth strategy without focusing on profitability. However, high growth does not necessarily lead to profitable unit economics. On the other hand, there is a general bias towards funding entrepreneurs coming from top-tier educational institutions.

    What are your views on the SharkTankIndia Episodes until now?

    I believe the show will surely motivate all the aspiring entrepreneurs, which will further amplify the existing entrepreneurship wave in the country.

    Shark Tank India: What is it? Who are the Judges?
    The popular business reality TV series has finally debuted in India as Shark Tank India. See who are the judges and will it be a success?
    StartupTalkyDamini Bhandary

    We are seeing many startups exiting with IPO, what’s your opinion on that? How is it going to change the ecosystem?

    Exits, especially through IPOs, are a great sign of success for both entrepreneurs and investors. IPO exits also generate a good amount of liquidity for the investors, who can further invest in other startups in the ecosystem, thereby, improving the liquidity in the market. I believe this phenomenon is only going more prominent over the coming years. On the other hand, the increasing number of IPOs also serves to indicate the maturity of the investors in the market, especially with regards to the acceptance of new-age business models that are yet to turn profitable.

    More than 42 unicorns in 2021. What do you think caused this wave? Is the valuation justified according to you?

    It is the changing consumer mindset that has enabled these Unicorns to grow. Today’s consumer prefers convenience, is very open to try new products, and is less risk-averse than the consumer of the previous decade. Most of the unicorns have tapped into this changing consumer mindset to identify and solve unique problems for their customers. For example, Licious has completely changed the way consumers order meat. I believe the valuations are steep, and there is a bubble. However, like everything, good businesses always come at a higher price.

    How can we support/enable entrepreneurs in tier2 and tier 3 cities?

    Entrepreneurs in Tier 2 and Tier 3 cities suffer from lack of access to quality resources. One of the most effective ways to fill this gap is to set up incubation centers in these regions in partnership with colleges, to provide access to top quality mentorship and industry experts.

    What do you look forward to as an investor in the year 2022?

    Budget 2022 has focused significantly on leveraging technology to penetrate deeper into the Tier-2 and lower cities in India. I expect technology-led businesses to gain significant market traction and attention from the investor community, giving rise to new unicorns in 2022. At BLinC, we are looking forward to deploying our Fund across various whitespaces identified through our internal research.

    What are a few sectors you think would be hot in the upcoming year?

    Education and Financial Services sectors have been very resilient through the pandemic. Companies in these sectors have a large potential to leverage technology to drive deeper penetration, and I expect these sectors to continue growing at an accelerated rate in the upcoming year.

    One learning that you would like to share with founders who are looking to raise funds?

    It is all about execution, prioritization, and defining the short-term and the long-term focus. Early-stage startups should have a detailed understanding of their target market, competitive landscape, and the target customers. It is critical to think from the customer’s perspective and solve at least one real pain point of the customers. It is important to consistently prioritize and make efforts to achieve the product development milestones and the targets of the business plan. While pitching to the investors, it is important to give comfort to the investors around your market understanding and your execution capabilities.

  • Top Footballers Investing in Startups | Football Players Startup Funding

    With the popularisation of FIFA world cup, Premier League, LaLiga and a plethora of other entertaining events, football has ceased to be a sport alone. Today, football is the most popular sport with footballers enjoying celebrity status. The huge sums of money that they get for their talent, handwork and perseverance is known to everyone. These days, they invest them in various startups, not only because they are profitable but also because of the larger good will it brings.

    Top Footballers Investing in Startups

    1. Cristiano Ronaldo
    2. David Beckham
    3. Sir Alex Ferguson
    4. Michael Owen
    5. Mats Hummels
    6. Gary Lineker
    7. Chris Smalling
    8. Robert Lewandowski
    9. Jens Lehhman
    10. Andrés Iniesta

    Conclusion
    FAQs

    Top Footballers Investing in Startups

    Here are some of the popular football players who sportingly invested in startups.

    Cristiano Ronaldo

    Investment in Startup: Mobito, CR7, Thing Pinks, and More

    Cristiano Ronaldo investment in startup
    Cristiano Ronaldo investment in Mobitto | Football player investment in startup

    The Juventus Forward and the legend of football has taken the initiative to invest in a startup named Mobitto.

    Mobitto is a Portuguese app which can be one of the reasons why he invested there. The app helps to make teams that can be used to interact with local businesses. It also gives awards for such interactions. Points are collected by inviting friends and relatives to use the app.

    The CEO, Jose Simmons has made it clear that they don’t want to overuse Ronaldo and do not want people to download the app because of him. Well, that is an ethical stand.

    Cristiano Ronaldo has funded several other startups namely, CR7 Fitness, Thing Pinks, and more.

    Cristiano Ronaldo investment in Startups

    List of Brands Endorsed by Cristiano Ronaldo
    Cristiano Ronaldo is very particular about the brand he promotes and endorses. An interesting thing to note is he has also endorsed with Coca-Cola in the past.
    StartupTalkyAlan Joseph

    David Beckham

    Investment in Startup: Guild Esports

    David Beckham investment in Guild Esports
    David Beckham investment in Guild Esports | Football player investment in Startup

    Another legendary footballer in football history has used his excellent vision and calculation when it comes to investing as well. In June 2020, he invested $319,000 in Guild Esports. It is an esports business that is established globally in 2020. Beckham is the 4th largest investor by owning 4.78% of the stakes.

    As the name says it aims to build an excellent team of professional athletes. He made the deal right with the same precision as his free kicks. He will be paid 15% of the merchandising revenues over the coming years.

    Sir Alex Ferguson

    Investment in Startup: Pockit

    Sir Alex Ferguson - football player investment in startup
    Sir Alex Ferguson – Football player investment in startup

    Apart from being a football player, he is widely known for managing Manchester United from 1986-2013. During this time, the team won over 38 trophies across different tournaments.

    In 2015, he invested €1.5 million as an angel investor for a startup named Pockit. It was a London based startup that issued prepaid cards for people who cannot otherwise avail banking services. However, this was not as successful as his football career. The company couldn’t continue as a business beyond a few years. Ferguson helped the firm to complete a $15m series B fundraising campaign in 2020.

    How much does these Top 10 Sports Celebrities charge for Instagram post
    Instagram has become to most used Social Media platform in the recent years.Influencer marketing has been increasing and this has been a provided a platformfor celebrities and athletes to earn through Instagram and other Social Mediaplatforms. We can see a lot of promotions on the social media p…
    StartupTalkyAlan Joseph

    Michael Owen

    Investment in Startup: Sportlobster

    Michael Owen - football player investment in startup
    Michael Owen – Football player investment in startup

    The versatile striker who played for Liverpool, Real Madrid, Manchester United, Newcastle United and Stoke city might have wanted to support sports in innovative ways.

    His money was invested in Sportlobster which is a sports social media platform. It is a startup that is exclusively for sports fans which features the details of upcoming events, blogs along with facilities to chat. It was launched in 2013 and amassed 1.4 million users by 2014. It aims at providing a single stop for all sports related news.

    Mats Hummels

    Investment in Startup: StreetPro

    Mats Hummels - football player investment in startup
    Mats Hummels – Football player investment in startup

    Mats Hummels was the member of the German team during the 2014 world cup. He later joined Bundesliga coach Florian Kohfeldt to create a digital football academy. He made an angel investment in an app called StreetPro that trains you to be a professional like Bundesliga pro. The app provides both free basic training and paid pro training. The startup was launched in 2018 and Hummels invested an undisclosed amount of money in 2019.

    Gary Lineker

    Investment in Startup: Neos, Ingenie

    Gary Lineker - football player investment in startup
    Gary Lineker – Football player investment in startup

    A startup named Neos which is an online insurance provider is where this Golden Boot winner decided to invest. The startup was founded in 2016 and aims at providing home security and insurance to various homeowners. Apart from Neos, Gary Lineker also invested in a startup named Ingenie, in which he invested €500000. It is reported that in 2014, it was sold for €3 million. The margin of profit he earned was tremendous.

    Chris Smalling

    Investment in Startup: This.co

    Chris Smalling - football player investment in startup
    Chris Smalling – Football player investment in startup

    Chris Smalling investment in startup has a huge environmental cause as well. This vegan English professional footballer invested in a plant based startup called “This”. The carbon footprint of the animal meat industry is well known.

    It is in such a time of worry that “This” is selling alternatives for Bacon and Chicken. After years of scientific experiments they claim to have found the best and the most realistic alternative for meat in the world. If marketed properly, there is no doubt that this startup will rewrite the food habits of the world.

    List of Brands Endorsed by Virat Kohli
    The Indian cricket team captain Virat Kohli is one of the most sought-aftercricketers in terms of brand endorsements. He has been part of a lot ofadvertisements and is the only cricketer to be part of the top 100 highest-paidathletes according to Forbes magazine 2020. Let’s look at the brand whic…
    StartupTalkyAlan Joseph

    Robert Lewandowski

    Investment in Startup: Protos Venture Capital

    Robert Lewandowski - Footballer investment in Startup
    Robert Lewandowski – Footballer investment in Startup

    The prolific, record holding forward from Poland, playing for Bayern Munich, Robert Lewandowski has invested in various startups apart from being a shareholder in Protos Venture Capital. Their main area of focus is in Poland and CEE. The other startups that he has invested in are Sporticos and Positionly. The former is a sports website and the latter is a Marketing Software Company.

    Jens Lehhman

    Investment in Startup: Combionic

    Jens Lehhman - Footballer investment in Startup
    Jens Lehhman – Footballer investment in Startup

    He holds respect in the field for continuing his studies while being a sports star. The German goalkeeper who has capped 61 goals for his country has an economics degree which he earned while he was a professional footballer.

    He invested in a software startup named Combionic which designs applications for various enterprises. It integrates processes and information that goes across multiple applications. It offers various services like analytics, reporting, content management etc. The company continues to thrive in the industry.

    Andrés Iniesta

    Investment in Startup: FirstVision

    Andrés Iniesta - Footballer investment in Startup
    Andrés Iniesta – Footballer investment in Startup

    The Spanish central midfielder is also among the footballers who have tried their luck with investments. He invested in a very innovative startup named FirstVision which is a Spanish company which is invested in developing a wearable broadcast system.

    They help in recording the velocity and biometric data of the athlete that can be broadcasted closely to the fans. It is also for the athlete to have an idea about their performance. It is currently out of business but was definitely an innovative idea.

    Conclusion

    It is not a recent trend to see footballers investing in startups or even starting their own business. However, one cannot deny the extent to which such investments are helpful for entrepreneurs. As mentioned in the beginning, the goodwill it brings is highly appreciable. It is an action which is beneficial for all and it is very promising to see footballers extending their support for others to come up in the society as well.

    FAQs

    Who is the highest paid footballer?

    Cristiano Ronaldo is the highest paid footballer.

    Who is richest footballer in the world?

    Cristiano Ronaldo is the richest footballer. He has a net worth of $500 Million.

    Who is the richest retired footballer?

    David Beckham is one of the richest retired footballer with a net worth of $450 Million.

    Which footballers invest in Startups?

    Some of the top footballers who invest in startups are:

    • Cristiano Ronaldo
    • David Beckham
    • Sir Alex Ferguson
    • Michael Owen
    • Mats Hummels
    • Gary Lineker
    • Chris Smalling
    • Robert Lewandowski
    • Jens Lehhman
    • Andrés Iniesta

    Which are the startups funded by Cristiano Ronaldo?

    Cristiano Ronaldo has made investments in sevral startups. These are:

    • Mobitto
    • Herbalife Nutrition
    • Thing Pink
    • TAG Heuer
    • Insparya
    • Clear
    • CR7 Fitness
    • Pestana CR7 Lifestyle Hotels