Saturday, 6 August 2016

How learning transcription opens new doors of opportunities in this digital environment

According to Speechpad, transcription is "[a] text document that contains a transcript of everything that is spoken in an audio or video file." Transcription is divided into two broad categories:

  • Medical Transcription:  The audio file is the voice of a physician dictating about patient interactions. The file is then listened by a medical transcriptionist who types it out as a text file, cross‐checked by editors before uploading to physician’s server.
  • General Transcription: Anything other than Medical Transcription. Includes Legal like court reporting, Business including speeches,lectures, podcasts. Read More...

Monday, 1 August 2016

Online lending platforms for loans when banks refuse

You are a budding entrepreneur with a bright idea but do not have enough time/resource/ knowhow to prepare detailed project report/business plan which is a precursor to get loan/capital for a startup business. Or, maybe you are a established entrepreneur who supplied goods on credit but finding it difficult to meet day-to-day cash obligations. Whatever your financial needs as an entrepreneur may be, you usually opt for business loans. Availing such business loans at easy, affordable terms is sometimes difficult from banks because of a lower credit score. Read More...

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Direct plan in mutual fund: Time for distributors to adapt by leveraging content sharing and adding new services

Direct plan in mutual fund means investors can directly invest in mutual fund schemes without involving distributors or mutual fund brokers through AMC website. Because of no distribution fees or trail fees paid to mutual fund brokers for such mutual fund schemes, expense ratio would be lower as compared to regular plans (investing through distributors/mutual fund brokers) thereby giving investors higher returns (0.5% to 1.5% p.a. depending upon the AMC expense ratio) compared to regular plans.

The hard truth is that online platform whereby a buyer can come in direct contact with seller has changed the distribution channel across sectors including insurance, mutual fund, real estate decreasing the importance of so-called brokers/middlemen/distributors/intermediaries. Read More...

Invested in equity shares? Consider starting business of share trading with zero cash

Introduction to Stocks and Short Selling Course

You are holding equity shares of companies listed in stock exchanges. Maybe, your shares are lying for years, and you have not bothered to check their prices. Or, it may be that your target price is not met, and you prefer to wait. You are satisfied with your holdings and would not consider selling them because of growth that the company/companies recording and/or dividends distributed. In such scenarios, you can still use your current equity holdings to venture into the world of share trading.

Share trading and share investment are different. While share investment is done based on the fundamentals of companies, like how much year-on-year revenue and profit expected to be generated, share trading is based on short-term market fluctuations like an expected positive news flow from the central bank to reduce interest rate which should raise prices of bank shares. Unlike share investment in which you first purchase a script, there is no such compulsion in share trading: you can first sell a script (short selling) and later buy. It does not matter to you whether the price of the script goes up or down. What matters to you is the position that you have taken. In case you go short, you profit if the price of the script goes down and you square off the position (by buying at a lower price).

Share traders consider variables like the chart of a script that tracks likes of daily/monthly/yearly price movements, number of transactions carried at specific prices. This is called technicals of the script and believed to help forecast the near-term price. One of the skills you need to learn is understanding technical analysis for which you perhaps should do a course to start with. In case you have exposure to mathematical programming, software programming, you can come out with a customized automated system based upon your models.

This is a high-risk/high-reward job and requires thorough study as evident from a standard disclosure: Commodity Futures Trading Commission, Forex, Futures, Equity, and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this document. The past performance of any trading system or methodology is not necessarily indicative of future results. Read More...

The Lunchtime Trader by Marcus de Maria