Category Archives: Personal Finance

Price Fixing – Part II

Please read Part I before you proceed.

Consider there is a dealer X, he wants to sell the goods to other dealers only. In order that to happen, he sells goods to customer at an inflated rate which is not close to what other dealers are providing. In such a scenario, the customer does not like to go to that particular shop to buy the goods. But whereas when the dealers ask him for goods he keeps his margin and sells the goods. This way, the dealer X has a shop and he is making money and he is making sure that others in the community are also making money. In such a co-operative environment, price fixing is bound to happen. Continue reading


Price Fixing – Part I

It is interesting to know that the competitors join hands to ensure they fool the customers. In any market, customer is considered to be the king. But there can be many places where in he is just fooled. Isn’t it interesting? I was wondering whether such things do happen in real or is it only theory. Now I am convinced that there is price fixing in the market and the customers are fooled at large. I don’t know whether it is a good practice or a bad practice to control the demand and supply chain but I know in long run it might not help the competitors. Continue reading


Stock Market

The stock market is a place where stocks, bonds, or other securities are bought and sold. When you buy stocks or shares in a company you gain part ownership in that company. In today’s world people buy stocks in order to gain dividends on money that they have invested. Some advantages of buying stocks over bank deposits; money-market funds or bonds are that stocks have a long historical track. Although the disadvantages of buying stocks are that the market fluctuates very often and the stocks are never guaranteed so you may loose all of the money you have invested. Continue reading

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Loans and Rejection

Have you applied for Personal loan, Home loan, Car loan, Equity loan? Wondered what are the criteria for the institution to grant you the loan? Was your loan application rejected? Then I suggest you to read further and learn what went wrong.

The Financial Institutions such as banks, co-operative societies, mortgage houses provide loan to you or your business depending on your assets and liabilities and also they estimate your earning capability and spending habits and then they consider your loan application and go ahead with the processing of the same. Continue reading

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Which Credit Card to be Chosen

A friend of mine asked me this question, I wanted to reply back to him over mail but later I thought many might have similar question so I posted over here. I won’t be giving you the exact financial institution or bank to apply for and I don’t want to advertise on anyone’s behalf. I think all the credit cards have their own way to pulling the money from you, however smart you are. If you think you could beat them then I am sorry to say that you are wrong. It is not impossible to beat them in their own game but it is not worth the effort. Continue reading

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