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Showing posts from October, 2011

Which is better - Gold ETFs or Gold Funds ?

The buzz word in the investing world is now - GOLD. Nowadays, there are many ways to invest in gold, other than buying physical gold and they are Gold ETFs and Gold Funds. There is a lot of confusion among retail investors about understanding and investing these products and we are quite sure this article would clarify things better. To make things clear, both Gold ETFs and Gold Funds are mutual fund products — only the mode of purchase differs. The Gold Funds are fund of funds, which invest in their own fund house ETFs, for e.g., HDFC Gold Fund invests in HDFC Gold ETF. Similar funds have been launched by Reliance mutual fund, Quantum mutual fund and Kotak mutual fund. Investors can get details of these funds from their respective websites. Gold ETFs: ETFs are exchange traded funds launched by leading mutual funds which are traded in stock exchanges like Nse and Bse. You need a Dmat account and a trading account with your stock broker, to buy and sell these ETFs. Charges involved are

4 Must-Have Stock Trading Mobile Apps

With the emergence of smart phones, mobile applications have completely transformed how we live our lives. Applications make activities that we were once only able to perform in a stationary environment into something that we can do anywhere, anytime. Of the millions of activities, like banking, shopping, and more, that have now been made mobile, even stock trading is now made that much easier thanks to mobile apps. Here are some of the best ones out there: 1. Bloomberg Bloomberg, the media and financial services behemoth, has always been a one-stop shop for information about the markets. Now, Bloomberg is available on a nifty app, so that you can have real-time stock information, market news, and more right in the palm of your hand. 2. E*Trade Mobile Pro If you use E*Trade to buy stocks, then its mobile app is especially helpful, since you can use it to buy and sell stocks, transfer money from any financial institution, and monitor the markets with comprehensive charts and live stock