Tag: Current

  • Gold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.

    Gold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.


    In the Nepalese market, the price of gold has reached an all-time high. The gain for today is the result of a Rs. 1200 single-day gain from yesterday’s price.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,500 per tola. Yesterday, the rate remained unchanged at Rs. 106,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 107,000. In contrast, the rate was kept at Rs. 105,800 per tola yesterday.

     

  • Becoming an Investor in Nepal

    Becoming an Investor in Nepal


    Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment opportunities.

    What distinguishes an investor from others?

    Based on a book written by Robert Kiyosaki Rich Dad Poor Dad, people can be divided into four distinct categories in terms of generating income. They are:

    1. Employee (Salary-based) are those who work for others in order to meet their needs. They are paid at the end of the month for their work. Job holders are included in this category. Employees benefit from security because they know they will be paid at the end of the month. The main disadvantage of being an employee is the lack of freedom.

    2. Self-employed are individuals who work for themselves. They have more freedom than salaried employees, but they must work like salaried employees to meet their demands.

    3. Businessmen are the owners of the company Business owners hire others to work for them. They create products and services in order to make money.

    4. Investors invest in businesses and stocks for profit.

    According to the book, in order to become wealthy, you must be either a businessman or an investor, or both.

    Investing characteristics

    Not all of your money can be considered an investment. There are a few factors that distinguish between spending and investing. The following are the two most important characteristics that every investor should possess:

    1. Safety of principal

    The principal is your machine, which can print money for you. It is in your best interest to keep your machine in good working order. When you lose your principal, you can’t make money off of it. As a result, the safety of the principal should be your top priority.

    2. Adequate return

    When you put your money into a good business, you get something in return. Your return can take the form of cash, shares, or stocks. What you should remember is that your principal earns you some level of return. You should not expect a return on your investment that is exponential or even out of the realm of possibility. Investing with a non-realistic expectation of return is gambling. Never put your principal at risk. It is all you have.

    Benefits of being an investor

    1. Beating inflation

    Inflation is a term used to describe the gradual decline in the purchasing power of money. A popular saying goes, “A dollar today is worth more than a dollar tomorrow.” As an investor, you have the ability to outperform inflation and keep your money’s value constant. You should always keep an eye on inflation and strive to outperform it. Your investment return should always be greater than your country’s inflation rate.

    2. Own businesses of different types

    It is yet another advantage of being an investor. You can own as many and as varied businesses as you want. What you should have are some investing principles that you can use before you start investing. After you’ve established your investing principle, the world is yours to explore.

    A popular investing field in Nepal

    There are three main popular fields of investing in Nepal. They are:

    Land and Real estate

    Real estate is and has always been the best investment opportunity. Real estate investment generates income from two sources: renting and selling real estate. It can be both active and passive investment. You can actively buy and sell properties, or you can simply invest in real estate and let time do the work of calculating your income. You can always expect your property’s value to rise over time. In the meantime, you can use the money you earn from renting to cover your day-to-day expenses.

    Interest yielding deposits

    Banks in Nepal offer competitive interest rates on fixed deposit savings. You can protect your principal by using fixed-deposit schemes offered by commercial banks or development banks in Nepal. While cooperative companies in Nepal have high rates of return, they have a bad reputation for fraud or scams. It is not a good idea to put all of your money in cooperatives.

    In Nepal, there is also peer-to-peer lending. It pays a higher interest rate on your money than institutions, but it also carries a higher risk.

    Interest-bearing deposits are one of the best passive income ideas in Nepal, regardless of where you choose to invest.

    Nepal Stock Exchange

    Nepal Stock Exchange (NEPSE) is the country’s sole stock exchange. If you are new to this, you can read the NEPSE beginner’s guide. Investing in stocks provides you with two significant benefits. You can be a shareholder in any company you want, and you will receive an annual return. Alternatively, you can sell your stocks if the price rises. Stock investing, like real estate investing, allows you to be either an active trader or a passive investor. Stock investing can begin with as little as 100 rupees. Stocks could be the next best small business in Nepal for you.

    Furthermore, the best investment you can make is in yourself. Always seek to broaden your knowledge. Read books, websites, and news to stay current. One thing that all of the best investors have in common is that they are voracious readers. As the saying goes, the more you learn, the more you earn.

    Lastly…

    It is not easy to become an investor. To become a good investor in Nepal and other countries, a certain set of principles and hard work are required. However, it is not as difficult as learning rocket science. Anyone can become a good investor with careful planning and dedication. There are a few things you should never forget and a few things you should never forget. Best wishes for your investment.

  • Mero Kitta App Download

    Mero Kitta App Download


    We have noticed that people have been searching for a download link to Mero Kitta Application on Google Play Store and Apple Appstore.

    Mero Kitta App is not currently available as mobile phone apps.

    We will update our website with information on the launch of Mero Kitta App for mobile.

    For now, Mero Kitta can be accessed at: https://merokitta.dos.gov.np/application/main

  • Stock Market Strategy for Long Term Success

    Stock Market Strategy for Long Term Success


    While investing in the stock market is a risky proposition, that should not stop aspiring investors from taking that first leap. The secret of investing lies in having a stock market strategy for long term success.

    Be knowledgeable.

    Savvy investors only get into a stock market investment after they become aware of the necessary information about the company. It is unwise to invest in companies before learning everything about them including future plans, current performance and their past history.

    It is impossible for an investor to know everything right away. Getting investment advice helps investors locate the right stock that will offer significant profits over time. And an investor should always be aware of the fundamental value of the stock they are purchasing.

    Choose to invest in a company that is part of a familiar industry. An investor should have a decent understanding of the business they are investing in so they can fully comprehend the value of the stock. By having this type of knowledge, investors are more independent and do not need to rely solely on advisers and analysts.

    Investors should carefully select the sources of information they rely upon. Tips offered out in the stock market should usually be avoided as they are typically provided by people with vested interest.

    Have a long term goal.

    When investors get started in the stock market, it is important to set a long term goal for success. The goal determines the approaches to be used and influences the decision made in the future. Having a solid goal ensures greater regularity in the face of indecision when the stock market moves.

    A long term goal helps investors avoid making spur of the moment decisions that could negatively affect their financial picture. A long term goal helps investors create a more stable financial future by making steady investment purchases. With a long term goal in mind, an investor has greater consistency.

    Only take calculated risks.

    Speculative ventures must be avoided when investing in the stock market. While there are risks in any business enterprise, they must be calculated carefully to reduce the possibility of loss and maximize potential profits. Guesswork simply does not work when it comes to stock market investing.

    The stock market is not a gamble.

    Stock investing is not gambling and should not be treated as a game. Investor can lose major money in the stock market and investments simply should not incur huge losses. It is simple to purchase stocks, but difficult to regain lost money.

    No investor can afford to make costly mistakes in the stock market. When investors have the desire to gamble, the long term goal must be strictly reviewed and then followed. By revisiting the long term goal, investors can minimize the probability of investing too much money and losing it all.

    Be disciplined.

    Self-motivation is required for successful investing. To make the most of the stock market, the investor needs to have discipline and determination to keep persevering to achieve their goals.

    To be a winner in investing today, you must have courage, passion, knowledge and a stock market strategy. A prudent investor can take advantage of the myriad of opportunities in the stock market for greater financial freedom in the future.

  • The Use of Stock Investment Tools

    The Use of Stock Investment Tools


    In days past, stock market information was limited and often buyers depended on stockbrokers to try to get the facts about investments. Today there are a variety of stock investment tools to assist modern investors and maximize the amount of information they can find about potential investments and trading activities.

    The widespread use of the Internet puts a wealth of information at your fingertips right away. The Internet has facts about many publicly listed companies in the United States. Certain websites provide free research information, which may be rather general in nature but still useful to beginners. Other companies publish in-depth research reports outlining the activities of listed companies. These detailed reports may only be offered through a subscription, which may be an expensive choice for retail based investors. Based on the quality of the research provided about the company, such detailed reports may wind up costing hundreds or even thousands of dollars.

    For simple background facts, stock investors can peruse news articles, analyst reviews and research reports intended to supply fundamental company information. This basic information can come from analyzing previously published financial reports or catching up on current news events regarding the company’s activities. This fundamental research can be a place to start to obtain more information so investors can adequately analyze the data to make educated investment decisions.

    Investors can also take advantage of a variety of stock investment tools that offer management or raw data including current stock quotes, index performances or historical price data. Such tools may be purchased from a software company and then installed in computers. These tools assist in gathering, processing and analyzing raw data so the information is more useful to the investor.

    For example, an investor can take raw data of the historical closing prices of certain companies and run it through investment software to find out additional information such as the volume of stocks traded on a particular company for a said period of time or the historical price trend of one company compared to an index of other companies. These stock investment tools generate reports that assist investors in developing more effective trading strategies from the raw data they originally had.

    Certain stock investment tools purchased from various software companies may cost hundreds of dollars. This type of pricey investment may not be practical for small scale investors looking to make a profit right away. Individual or beginning investors can take advantage of analysis tools on the Internet made available from stock market companies for free to their clients. These tools are also made available for free to online investment clients to help them develop their trading strategies to try to achieve profits.

    Efficient stock investment tools, research products and information are readily accessible on the Internet for your convenience. However, it still requires data gathering, interpretation of analysis and careful planning to ensure successful trading. By using some online tools and careful analysis of the data, investors can develop viable trades for long term investment growth.

  • There are eight things you should do to ensure that your laptop lasts as long as possible in Nepal

    There are eight things you should do to ensure that your laptop lasts as long as possible in Nepal


    Laptops are far more convenient than desktop computers for the majority of people. The majority of people nowadays work on laptop computers. A good laptop can be as powerful as you want it to be, which is why there are so many high-priced models available.

    Because a laptop is more expensive to replace, it is critical to understand how to properly care for it. Because you can take your laptop almost anywhere, it can withstand far more abuse than you might think. Today, we’ll give you a list of things you can do to make sure your laptop lasts a long time, especially if you’re in Nepal.

    1. Ensure proper routine care

    Without a doubt, this is the most crucial factor in ensuring that your laptop lasts a long time. Always be cautious when leaving your laptop unattended. Make sure it’s not in the vicinity of children or pets, and that it’s not facing the sun. Maintaining proper routine care is essential. Drinks and food should not be consumed in close proximity to the laptop. Holding the laptop by the screen is never a good idea. Maintaining a comfortable temperature for the laptop is essential, as is keeping it away from any electrical appliances.

    2. Protect in a bag

    It’s very likely that your laptop will accompany you on your travels, so it’s critical to keep it safe at all times. It is strongly advised that you purchase a suitable carry bag. Stacking items on top of the laptop should be avoided because it can damage the laptop’s components. Also, take good care of the screen. People frequently forget to place items on the laptop’s keyboard before closing the lid, which can cause the screen to crack. Always remember not to put anything on the keyboard in the first place. Slamming the lid shut could also damage the laptop.

    3. Keep the laptop clean

    If you’re working and carrying your laptop around, a lot of dirt, hair, dirt, and crumbs, to name a few, can get into it. This is potentially damaging to your laptop and will degrade its performance. Gunk can obstruct the fan’s ability to do its job, as well as affect the laptop’s temperature. It is always preferable to avoid allowing the gunk into the laptop in the first place. This is why you should keep drinks and foods away from your laptop. When you are not using the laptop, it is a good idea to close it and place it inside the case. Finally, some gunk is unavoidable, so it’s a good idea to clean your laptop with the right tools or take it to a professional when necessary.

    4. Keep it clean inside

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    If your laptop has a hard drive, defragmenting it once every two months can improve the laptop’s performance. Keeping it clean on the inside also entails deleting any unnecessary files, folders, or apps. By freeing up space on your laptop and reducing the amount of work your hard drive has to do, you can improve its performance and reduce the amount of work it has to do.

    5. Avoid overheating

    A computer that is kept cool will always last longer. When you’re using your laptop, make sure there’s enough airflow. It is best to avoid using a laptop in bed or on the carpet. Using a pillow as padding should also be avoided because it can obstruct the laptop’s air vents. A cooling fan is recommended because it raises the laptop off the desk and has built-in fans that allow for better airflow. Limiting the number of programs you run can also help keep your laptop from overheating. You can always enable power-saving mode for normal use.

    6. Run a virus scan

    We spend a lot of time on the internet and download a lot of information. Along with downloading the things we require, we may unwittingly download malware or spyware. They’re a common cause of laptop sluggishness. A virus scan can help you identify the source of your slow computer and prevent malware attacks from occurring. Your browser selection can also aid in malware protection.

    7. Taking care of the battery

    The battery is an important component of your laptop and serves as the power source for it. In order to extend the battery’s life, it must be properly cared for. Make sure the batteries are kept at room temperature at all times. If you’re going to store your laptop for a few days, it’s best to keep the battery half charged rather than fully charged or uncharged. It goes without saying that you should not leave your laptop plugged in overnight.

    8. Upgrade

    Your laptop’s performance will gradually deteriorate over time. Instead of purchasing a new laptop, you can upgrade the parts in your current one, which can significantly improve the usability and performance of your machine. Hardware components that affect the performance of the laptop, such as fans, hard drives, and batteries, can be upgraded or replaced. You can upgrade your laptop’s hard drive and RAM, which will improve its speed, performance, and lifespan.

  • Boosting Your ROI in Stock Market Investing

    Boosting Your ROI in Stock Market Investing


    Everyone wants a high return on their investment in stock market trading. First let’s consider the basics and the ways to earn the most on your investments.

    Return on Investment

    Usually referred to as ROI, the Return on Investment in stock market investing is the profit earned from selling a security or other asset divided by the amount of the original investment. With stocks, your ROI is expressed as an APR (annual percentage rate).

    Your ROI is all the income you make on the stock, which also includes profit earned from selling the stock. When the sales price plus any other income is higher than the price you purchased the stock for, your ROI is positive.

    When the sale price plus any other income is lower than the price you bought the stock for, you have a negative ROI (which is obviously what you want to avoid). In fact, as a trader in the stock market, your goal is a high ROI, not just a positive one. To achieve a substantial ROI, consider the following methods to boost your current stock investing efforts.

    Know What You Are Purchasing

    To ensure a high ROI in stock market investing, garner as much information as you can about the company you want to invest your money in. A bit of basic analysis to find out if the stock is worth the asking price can go a long way. Rather than gambling, you can also ask other people to do this research for you if you don’t have the time to do it yourself. Reliable research resources include the websites of major brokerage firms, mutual fund companies and finance publications. There are also paid newsletter that offer this information.

    A Bull Market Is Not The Same As Smart Investing

    When you earn a high ROI in stock market investing, there are many reasons for it. One of the possible reasons is your wise investment strategy. Another reason can simply be the good fortune to be in the right place at the right time so you wind up making money with minimal effort. We may feel smarter when the market is soaring so we get tempted to take on riskier positions and trade more frequently, which may not be the wisest decision.

    Deactivate Active Trading

    You may feel tempted to trade frequently when you are gaining. With online stock trading, investment is a mouse click away which can make you even more impulsive. Remember that it is difficult to make money by beating the stock market consistently. In stock market trading, it is better to have a buy and hold strategy to ensure a high ROI.

    Take Note of The Tax Man

    Pay attention to tax ramifications when trading stocks. Frequent trading can become extremely costly, especially when major income taxes are triggered by profits. By buying and holding for a period of at least one year, you would qualify for a lower capital gains rate. Your financial advisor should be able to consult with you on this.