Tag: Events

  • Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

    Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.


     

    On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst of FRBL, and Ms. Nishu Bhagat, Manager, and Mr. Matiram Paudel, Account and Admin Officer of BFIN, signed the Memorandum of Understanding.

     

  • Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

    Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;


    Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.

    Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.

     

  • 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.

  • 7 Essential Productivity Apps for Your MacBook

    7 Essential Productivity Apps for Your MacBook


    We spend an already alarming amount of time on our trusty computers, whether for personal projects, school, or work. According to a study released in January 2020 by Hootsuite and We Are Social, the average internet user spends 6 hours and 43 minutes per day online. After a year, the number has risen to 7 hours, or slightly more than two days out of the week.

    Two complete days of video conferencing, emails, downloading, sports, and social media equals a lot of work. We are becoming increasingly dependent on our devices as we explore new ways to communicate, learn, and work from home. And, as long as the new standard is interactive, we’ll continue to spend a significant portion of our lives—and a significant number of hours—online.

    There are several ways to mentally equip yourself if you want to make the most of your time and remain productive. A big part of the trick is how smart you use your computer.

    You may be familiar with Apple’s practical and high-performance approach to its devices if you own a MacBook. The MacBook is a prime example of Apple’s range of products, with a system that seems to be made for efficiency and speed, responsiveness, and a sleek, classic style at its heart.

    There’s always a lot more you can do with your MacBook to increase your productivity. Using the collaboration capabilities of the Apple ecosystem to your advantage. Adding a couple of applications to your experience will also help you make fast and painless repairs.

    Though there are several choices, we’ve picked a few of the best productivity applications for Mac.

    1. Bear

    There are several note-taking applications that are better than others. Give Bear a shot if you prefer a simple, clutter-free interface and want something more advanced than the built-in Notes app. Its straightforward features allow fast note-taking on the go, which is ideal for capturing eureka moments. It has a variety of themes to choose from and in-line styling choices. Users may refer to notes by using cross-note connections, which are brilliant. A cross-device syncing feature is included in the premium edition.

    2. Things

    Things is a great task management app, particularly if you follow the Getting Things Done (GTD) process. Things is a well-designed app with a strong and intuitive interface. Things promises a lot just by looking at it. It has subtle animations and an amazing dark mode feature. It goes a step further than to-do lists by allowing you to create assignments for your goals, use tags to more easily identify your activities, and display your calendar events all at once.

    3. Magnet

    Magnet is a productivity tool that organizes your workspace into clean, clutter-free windows. Magnet is an easy, no-delay solution for window management on Apple devices. Magnet can snap windows to almost any arrangement that works for you, whether it’s a vertical tile or a three-way split screen, and it’s enabled through keyboard shortcuts or the menu bar. It removes the need to switch between apps and provides additional customization options.

    4. Airmail

    Airmail is a mail client that consolidates accounts, making going through your mail a breeze. It is simple to use, fast, and efficient. It also allows you to make tasks and notes directly from your emails.

    5. Alfred

    Productivity is at your fingertips with this all-in-one assistant. This powerful admin tool saves time and effort (especially for repetitive tasks) by streamlining the workflow. To fill in the gaps, Alfred is open. Use hotkeys to scan your computer and background, Snippets and Clipboard History to save hours of typing, and Powerpack to import or build workflows. Alfred intelligently channels your power and assists you in getting the most out of your device—you can even use it to browse your iTunes library!

    6. Focus

    Focus is the best way to ensure your efficiency. This witty app lets you complete one task at a time, free of distractions. Learn about its distinguishing characteristics, such as Focus Sessions, which are close to the Pomodoro technique. Its straightforward, user-friendly nature complements the company’s overall philosophy of holding your focus where it belongs: on the content.

    7. Ulysses

    If you enjoy writing, you’ll need a similarly powerful tool to get you started. Ulysses is a user-friendly and highly customizable writing app with features such as a markup-based text editor, keyboard navigation, and a tidy, clutter-free interface that will keep you focused on your writing. Another fantastic feature of this app is that it allows you to set writing targets, such as word and character counts, so you can keep track of your success.

    These effective tools will certainly boost efficiency, but keep in mind that working smart still entails working at your best. Check out the following hints to remain productive:

    Break down your objectives into manageable chunks. Recognize the big picture of your objectives, but also the little steps you’ll need to take to get there.
    One job at a time should be your main focus. Try not to get distracted when you’re working and give each job the attention it deserves.

    Working in a safe setting is beneficial to your health. Not only your screen, but also your physical work environment, has a significant impact on your productivity. A better atmosphere is one that has plenty of natural light and ventilation, as well as enough space.

    Pause for a moment to catch your breath. Avoiding burnout is a part of productivity. Make time to relax in between tasks.

    There’s no foolproof way to increase your efficiency, but with a little commitment and the right resources, you’ll be one step closer to meeting that deadline, achieving that target, and spending more time on the things that matter to you.

  • Bitcoin Has Dropped 50% From Its All-Time High

    Bitcoin Has Dropped 50% From Its All-Time High


    Bitcoin prices have plummeted in recent months, losing more than half their value since mid-April and falling to just under $30,000 this morning.

    According to CoinDesk numbers, the world’s most common digital currency reached $30,201.96 today.

    According to additional CoinDesk data, it was down more than 55 percent from its all-time high of nearly $65,000 at this point.

    At the time of writing, the cryptocurrency was trading around $37,000, and many market analysts weighed in, shedding light on the digital asset’s recent price fluctuations and evaluating its short-term prospects.

    [Editor’s note: Investing in cryptocoins or tokens is extremely risky, and the market is largely unregulated.] Anyone thinking about it should be aware that they might lose their entire investment.]

    Selling Pressure That Is ‘Relentless’

    “Over the last 24 hours, the selling pressure in the BTC market has been relentless, perfectly aligning with elevated bitcoin inflows to exchanges seen on-chain,” said Sean Rooney, head of research at Valkyrie Investments.

    “Binance led the charge on Monday, with over 53,000 BTC dumped into the exchange to be sold,” he explained.

    Nick Mancini, a research analyst at Trade The Chain, a crypto sentiment data provider, discussed how events like these influenced prices.

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    “Bitcoin is now down 45 percent from its April high of nearly $65,000,” he said.

    “Short-term sentiment seemed to be bottoming out with price, but it appears that they were only consolidating for a further decline,” Mancini said.

    “The good news is that Bitcoin’s primary liquidity levels in the $30,000 range remained stable throughout the decline, causing the price to recover from $30,000 to near $37,000 in less than an hour.”

    “Key support levels are $28,500, $24,000, and $20,000, which all correspond to order book liquidity levels,” Mancini said.

    StockCharts.com’s chief market strategist, David Keller, added:

    “Bitcoin’s drop to $30,000 made technical sense because it’s a 100 percent retracement back to the January lows. It’s all about seeking equilibrium after a serious selloff like this.”

    “Where do we see investors with enough clout to drive the price back up?”

    “Based on previous price support and the influx of buyers this morning, $30,000 is the new floor for Bitcoin,” Keller said.

    Market Is ‘Oversold’

    The market may have overreacted in light of recent events and bitcoin’s losses since roughly mid-April, according to analysts.

    According to Mancini, Bitcoin’s relative strength index (RSI), a technical measure used to gauge an asset’s momentum, recently dropped to “the lowest level since March 2020,” meaning the digital currency is “highly oversold.”

    He also stated that the Moving Average Convergence Divergence (MACD), a momentum indicator used by technical analysts, is “at its lowest level in Bitcoin’s history, further suggesting Bitcoin is oversold.”

    “The market is due for a bounce,” according to Rooney, but “a fast turnaround in the short term is unlikely.”

    “A correction of this magnitude in the middle of a bull market seems out of place, but the absence of mania topping trends indicates the bull run is not over,” he said.

    “With new users joining the network, long-term fundamentals on-chain remain strong.”

  • How Does Hindsight Bias Influence Investing Decisions?

    How Does Hindsight Bias Influence Investing Decisions?


    Since its top of 1881 in 2016, the Nepal Stock Exchange has been on a downward trend. The market dropped to as low as 1100, a drop of nearly 40% from its peak. Many investors lost a lot of money as a result of the devastating market meltdown.

    If we ask investors right now if they thought the market was going to tumble after 2016, many will say yes. However, at the peak, investors were more bullish on the market. The massive quantity of everyday turnover demonstrates this. The daily transaction amount was between 1.5 and 2 billion rupees.

    So, how does an investor’s opinion of the same event change? This is a psychological phenomena known as ‘Hindsight bias.’

    The tendency of people to perceive events as more predictable than they actually are is referred to as hindsight bias. In other words, it makes the past appear less predictable than it was. Things always appear more evident after they have occurred.

    Decision making is difficult prior to the occurrence due to a lack of information and foresight. However, looking at the available results after the event, the outcome appears more predictable.

    During the bullish era in our market, investors were uninformed of the oncoming market disaster. As a result, many people were highly involved in stocks. Some people predicted that the market would crash. However, no one was certain at the moment.

    However, after the market fall, investors believe that they were forewarned that the market would drop. With more information regarding the market crash becomes accessible, investors appear to be more sure about the event’s predictability.

    Why is hindsight bias dangerous in investing?

    Consider the following scenario: You are considering purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then skyrockets. What are your thoughts?

    The answer is that you are stupid. You kick yourself for squandering the opportunity. You are remorseful for not purchasing the stock when you realized it was a winner. You tell yourself, ‘I knew the stock would soar.’ This is what we mean by hindsight bias.

    So, what makes it dangerous? This is because you have made a promise to yourself that you would not make the same mistake again. You are more confident in your decision-making abilities, and you vow to seize the next opportunity. This is the danger that hindsight bias can cause. The next time might not be the same as the previous.

    Let’s have a look at another scenario: You consider purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then plummets. Now consider if you would have felt the same way in the first situation.

    No, it does not. You congratulate yourself on making a wise decision not to buy ABC stock. You knew the stock would decline, which is why you didn’t buy it in the first place.

    Why is the response different in these two cases? In an ideal world, the answer in both cirplusstances would be the same. In both cirplusstances, you made the same decision not to acquire stock ABC prior to the rise or fall in its price. However, after the event occurs, such as a price rise or decline, you change your reaction in accordance with the nature of the occurrence.

    This is risky because it gives you the impression that you knew it all along, giving you a false sense of security in your judgment. This can lead to overconfidence in your financial abilities and reckless decisions.

    How do you prevent falling into the Hindsight Bias trap?

    Several behavioral experts have recommended producing a list of everything that was considered when making the decision. This could be a good plan. We will know what our thought process was at the time of decision making if we make a record of the reasoning behind our decisions. We cannot change our statements after the event has occurred. This will aid us in making an accurate assessment of our abilities.

    Investors may not consider hindsight bias as a concern. However, it may lead you to make decisions based on your perspective rather than facts.

    In conclusion

    In our daily lives, we experience hindsight bias. Whether it’s investing, gaming, exams, or anything else, the outcome makes us feel much more confident in our abilities. If Real Madrid beats Sevilla, we’ll tell ourselves and others that we knew Madrid was going to win. Similarly, if the stock/real estate price is rising, ‘I knew it’ comes into play.

    Even if it hasn’t caused any immediate harm, it can make you overconfident, causing your next bet to be more illogical. Real Madrid won, but the outcome might be different the next time. Past events cannot be utilized to predict the future completely. Information and strategies evolve in tandem with the passage of time.

    As a result, it is preferable to treat each possibility as new and base your judgment on facts. The past appears to be easy to anticipate, yet this is not the case. It is a hallucination that arises following the occurrence of the result. As a result, it is preferable to stick to your investing ideas and tactics.