Financial Snap

 What are fed interest rates and how does it impact us? The interest rate that banks charge each other for borrowing and lending is known as the federal funds rate, and it currently varies between 3% and 3.25%. Additionally, there is a cascading effect: Banks offset the increased borrowing costs by increasing the interest rates on their consumer loan products. In other words, the interest rate at which commercial banks in the United States make overnight loans to one another is known as the Fed Funds Rate. At Federal Reserve Banks, every commercial bank must keep a reserve; if a bank has more deposits than it needs, it can lend to another bank with a shortfall. How does Fed interest rates impact us? How are we affected by the Fed rate? The Federal Reserve typically raises interest rates to slow the economy and reduce inflation when inflation is too high. In order to boost the economy and raise inflation, the Federal Reserve typically reduces inter...

 Best high paying entry level jobs in Finance Finance is a famous school major since it can prompt a thrilling and Worthwhile vocation in various sorts of positions. Finance majors find out about banking, financial aspects and monetary business sectors, notwithstanding broad business studies. They may likewise learn correspondences and brain research, since many professions in finance incorporate a deals part, making these abilities vital. As a money major, you can hope to take miniature and full-scale financial matters, bookkeeping, math and measurements. You may likewise take more unambiguous courses in things like money contextual analyses, consolidations and acquisitions, business valuation, econometrics, effective financial planning and global banking. Showcasing and the executives courses might be expected too. Whenever you have that specialization in money management added to your repertoire, now is the right time to go out and find a new line of work. Here are some sec...

                                          N ew business startup ideas in India Looking for an idea for your startup? Here are some ideas that you can give a try for your business in India thinking of future with low investment and great opportunity with less competition. Then don't worry you are at the right place which you are looking forward to. Here I am sharing new  Startup ideas for business in India . So,  let's  get started. Juice  points: As large number of  Indians are becoming  health-conscious,  clean  juices  barring  preservatives demand is  rising  in place  of unhealthy  beverages . This is why the humble juice bar has made into this small investment startups list  for India as a great   choice  for a  probably   profitable  venture. Wh...

Today I will tell you about foreclosed properties and how you can buy them for lower than the market price. Trust me it works ! What is the meaning of Foreclosed Property ? Many times, banks seize the properties when their owners  fail to pay their EMI payments  for a long time. These properties are called “foreclosed properties” and banks put them for sale in the auction in order to recover back their dues. Once the properties are seized by banks, they are the rightful owners of the property under the Sarfesi Act and they have 100% legal rights to sell off these properties. These properties are mainly sold below the market price because the focus on banks is mostly to recover bank their dues and not to make profits. So you can strike a very good deal if you are ready to go through the process of buying foreclosed properties. Advantages and Disadvantages of Buying Foreclosed Properties : Competitive Price Advantage : Auction properties are approximately 20-25% chea...