On the 24th of January, 2020, FICO declared their latest rendition of FICO score which is a 3-digit number that determines the credit risk of an individual. This new model for scoring will take into account the debt levels of the consumers and will closely monitor personal loans. The previous model for calculating your score used to take screenshots of the payment history of an … [Read more...]
How the pandemic affected the global tourism industry!
The World, as we know it has dramatically changed since the month of March 2020. What we have witnessed is a World that is not ready to face a pandemic even with the best technology at its disposition. The way we communicate changed, the way we commute changed and so did the way we survive. COVID19 had the worst impact on the already slowing economy. The global economy was … [Read more...]
Understanding Who Wins and Who Loses in the Market
Fooled by the market By Robert Moskowitz Question: I recently saw an article saying that the market ALWAYS moves in a way that makes fools out of a majority of those involved in it. Having recently endured some losses, and failing to get in on some winners, I tend to agree. My question is, why? There are as many buyers as sellers, so why is it a majority that … [Read more...]
Why Should You Choose World Stocks are Your Broker?
When it comes to your hard earned money, you will always want to be extra cautious and place find the right broker to invest. However, with all the old and new brokers, it is important to choose the right one. One such broker that you will come across the internet is World Stocks – a complete platform that gives you access to both exchange-traded funds (ETF) and contracts … [Read more...]
Is the Automobile Industry set to Surge since its all-time Deepest Plunge?
The coronavirus has taken a massive toll on the global economy and all the countries have taken the heat. Now that all the countries are exiting lockdown gradually, we can expect to see some changes in the graph. But will that change be enough? How long will it last? There has been hardly any sector that has not taken the setback of partial or complete lockdown across the … [Read more...]
Essential Tips for Equity Investors during the Turmoil Created by Coronavirus
There’s no doubt when we say that in a matter of just 14 days, the Coronavirus pandemic has cut down around a third of the worldwide market cap. On Friday, the Indian equity market rebound valiantly but if you take into account the Sensex, it closed down 20% below the peak level that was attained 2 months back. The investors breathed a sigh of relief knowing that there are … [Read more...]
3 Things to do with Your Personal Finances Amidst the Coronavirus Pandemic
Officially, the Coronavirus has been announced as a pandemic by WHO as it has played a major role in disturbing the stability of not only the US economy but all the economies worldwide. Not to mention the stock market that has hit the lowest level since the last market crash in 1987 and there are several other industries that are harshly affected and as a result are laying off … [Read more...]