Standard deviation steps in where average failed. It gives you an idea about the rating of the quality for the average. It can be defined as the difference between the numbers used in calculating the average and the actual average. It is an indication of how [...]

The common man and woman have many expectations from the finance minister every time the budget comes up and hence we dutifully put forth our expectations and hope Mr. Finance Minister acts like a good Santa and makes us happy.

Now, you might assume that the equal parts of the principal and interest is repaid to the financial institution every month, however this not the case. During the initial years the interest component repaid is higher and during the latter years of repayment the principal component is higher. So, if you think you have paid [...]

The New Pension Scheme is an investment option which will help an individual, plan for his or her retirement. The key difference between the old government pension scheme and the New Pension Scheme is that the old pension scheme was based on a defined benefit principle and the new pension scheme [...]

Often people opt for loans due to its ready availability without giving thought to their other financial commitments. Also, they fail to account for an emergency fund and a savings plan. This could fall into perspective once a summary of a person’s credit repayment is available in a single log.

There is a lot of difference in dividend from shares and dividend from mutual fund. The dividend from shares is given from the profit of the company. It shows the company’s robust performance and strong balance sheet. On the other hand, dividend from mutual fund is declared only to reduce the [...]