Investing your money? Four avenues to multiply your corpus

As growth-oriented investments, mutual funds are always subject to market risks, which may directly impact your investment amount.

Most people get rich by making sound investments that yield substantial returns. Here are some investment avenues that you can opt for, if you want to multiply your finances.

Fixed deposits
For investors seeking stability of returns and safe earnings – without being affected by market fluctuations, fixed deposits are the most preferred investment option. When investing in fixed deposits, you invest a lump sum amount for a specified time period. Over this time, the interest accumulates, and you can either choose to gain your interest at maturity or go for periodic pay-outs instead.
While both banks and companies offer fixed deposits, you may get higher interest rates when investing in company FDs, which offer higher returns. However, it is important to invest in a company with high safety ratings, as there may be risks involving loss of capital or delays.

Recurring deposit

A recurring deposit scheme is similar to that of a fixed deposit, with a few key differences. A recurring deposit mandates investment of a specific amount every month, as opposed to an initial lump sum amount. Again, recurring deposits provide comparatively lower returns, as compared to fixed deposits. This is because unlike the case of a fixed deposit where the interest is accrued on the entire amount over time, recurring deposits have interest calculated for each subsequent instalment. Ultimately, the level of income generated would be lower than that of a fixed deposit.

Mutual funds

As growth-oriented investments, mutual funds are always subject to market risks, which may directly impact your investment amount. While it’s possible for you to attain decent returns on your investment, the chances of your investment going down due to unfavourable financial conditions are always there.

A systematic investment plan (SIP) is a form of mutual funds, albeit with monthly investments as opposed to a lump sum amount. SIPs share the same drawbacks as recurring deposits and mutual funds – along with being unstable in terms of returns, the overall income will also be lower, as compared to if you choose to go for the usual system of mutual funds.

Stocks

Companies that go public enable people to invest in their shares to obtain a profit. On paper, this might seem like a good deal, but company stocks have a higher level of risk. Your investment can take a turn for the worse if you are unable to analyse the stock market properly.
Every individual wants to select a viable investment avenue that will help them make the most of their current income or savings. These four sources of investment will help you expedite your decision-making process and figure out the best course of action that can be taken to maximise your return on investment.

[“source=financialexpress”]

Amazon India Officially Launches ‘Local Finds’ Buying, Selling Platform in Four Cities

Amazon India Officially Launches 'Local Finds' Buying, Selling Platform in Four Cities

HIGHLIGHTS

  • Amazon customers can buy and sell new and used goods
  • The company facilities delivery and payments
  • Local Finds was first piloted in Bengaluru earlier this year

Amazon India has officially launched its Local Finds service in India, a platform for customers to find and sell used and new goods to others in their city. Piloted in Bengaluru since earlier this year and spotted in action last month, the service is now live in Chennai, Hyderabad, and Mumbai in addition. Amazon facilitates delivery and payments for Local Finds transactions, something that’s rare to see in the online pre-owned and online classifieds space – a USP of the service with the company picking, packing, and shipping the product.

Through Local Finds, Amazon India customers in the same city can other buy and sell products amongst each other. Product categories include books, fashion, home decor, music, movies, mobiles, laptops, accessories, tablets, and video games. The company boasts that customers are adding “hand crafted and rare products” daily. The Bengaluru pilot saw roughly 600 sellers, and up to launch, it has seen 30,000 customers use the service across all four cities.

To launch Local Finds, Amazon India has an introductory offer with free delivery along with cashback (up to Rs. 100) as Amazon Pay Balance for purchases of certain items, and as an incentive for sellers, it is offering additional earnings of Rs. 500 upon selling five items.

Talking about Local Finds, Mahendra Nerurkar, Director – New Initiatives, Amazon India said, “Through our pilot, we realized that in every city we have customers who have a few products to sell – some want to get value for their used products, others are hobbyists, creators and home entrepreneurs who need to find the right customers for what they collect or create and there are customers who are interested in buying such products. Existing solutions available to such sellers and buyers had gaps – people needed to commute in traffic and meet strangers, this lead to privacy and safety concerns along with precious time and money lost. With Local Finds, we aim to seamlessly connect sellers and buyers, help them quickly list and discover each other’s products and transact tension free with delivery, payments and customer service facilitated by Amazon. We are humbled to see over 30,000 customers sell their products on Local Finds in such a short period of time.”

[“Source-gadgets.ndtv”]

LG’s Four New Phones, Premium Features at a Medium Price

Very soon, some major smartphone manufacturers are going to release new models of their flagship devices.

LG is getting a jump on them by announcing four new LG phones. And the company is hoping to attract customers with some mid-range price tags on those phones.

The company says that the Magna, Spirit, Leon, and Joy smartphones will be officially unveiled at the upcoming Mobile World Congress conference. That’s where a few other companies are expected to make a splash with new devices.

LG offers a sneak peak at its new LG phones ahead of MWC. While others go high-end, the company is banking on an audience with a restricted budget.

Juno Cho, LG’s president and CEO, says in a statement on the company’s website:

“For millions of consumers around the world, the deciding factor on which smartphone to buy isn’t how fast or how big it is but how balanced it is. With our new mid-range smartphones, more and more customers will be looking to LG for their next handsets.”

These new LG phones range from the larger 5-inch Magna to a near low-end Joy, and its 4-inch display. In the middle are the 4.7-inch Spirit and a 4.5-inch Leon.

LG has built the Magna and Spirit with its slightly curved design. The displays on the larger devices also feature a 3000 mm radius curve to the display. All four devices will be equipped with Android 5 Lollipop. The Joy could be loaded with Android 4.4 KitKat, too. And all of the phones will be available with either LTE or 3G connectivity.

Each of the new LG phones will feature a removable battery. The battery’s capacity ranges with the size of the smartphone.

LG says the 2,540 mAh battery on the Magna is designed to work all day, even with heavy use. The larger of the devices, the Magna and Spirit, will feature HD displays. And it’s apparent that LG is sacrificing some key specifications to keep its price lower on these offerings.

The Magna, Spirit, and Leon will be stocked with either a 1.2- or 1.3GHZ quad-core processor. But each of the four phones is only stocked with 8GB of internal storage. The cameras on the new LG phones aren’t exactly showstoppers, either.

So, if you’re looking for a smartphone to help your business become more social and share more photos, perhaps the Magna (and maybe the Spirit) is the only option to consider.

Magna will feature an 8-megapixel rear-mounted camera And a 5-megapixel front-facing camera. The Spirit features the same rear camera but just a 1-megapixel front camera, which is likely to result in less-than-stellar selfies.

Leon also comes with either the 8- or 5-megapixel rear camera. The Joy phone comes only with a 5-megapixel rear camera. Each of those phones only has a VGA front-facing camera.

LG has given no indication on pricing of its new offerings. So, if the price is low enough, it may be easier to look past some of these slightly unremarkable specs.

Image: LG Electronics

More in: Gadgets

[“source-smallbiztrends”]

Why You Should Care About Four Apps From Apple That You (Probably) Can’t Download Yet

Why You Should Care About Four Apps From Apple That You (Probably) Can't Download Yet

HIGHLIGHTS

  • Apple introduced iOS 10 at WWDC this year
  • iOS 10 includes several new features like stickers
  • Apple has also overhauled its iMessage app

Apple just released four apps that you probably can’t download yet – but are the first signal of a big shift in the company’s core messaging product.

The apps themselves are four sticker packs from Apple for iMessage that feature different smileys, hearts, hands and some throwback Mac iconography that should delight Mac fans, particularly children of the 1990s.

That bomb icon! The sad Mac! That spray can! It’s just like you finished all the keyboarding tutorial assignments you had to do and now you can use the rest of the computer lab time to fool around in KidPix.

The big catch is that while the apps are on the store now, they’re supported only for iOS 10 and higher. And, if you’ve been paying attention, you know that iOS 10 isn’t out yet to anyone except Apple developers. A public beta period is expected this month but hasn’t started yet.

That means, yes, Apple has released four apps that hardly anyone can use. That’s sort of an odd decision, though one might take it as an indication that the public beta is imminent.

And these goofy sticker packs, while admittedly pretty silly, do represent a part of Apple’s greater ambitions for messaging – a part of the tech world that’s getting increasingly competitive. Because while Apple’s been dinged in the past for not properly jumping on the social-networking bandwagon (Ping ring a bell for anyone?), the wheel has turned to make messaging a major social force. And messaging is something Apple has down pat, in its simplest form.

But Apple seems to want a little more pizazz to compete with other messaging apps, and it’s now willing to open Messages up to other apps and developers to get there. These sticker packs come from Apple but are the first of many add-ons that can be made by any developer.

That change benefits Apple as it looks to keep pace with other innovators in the space such as WeChat. Apple already announced at its June developers conference that it would add a host of features to Messages, including the ability to hand-write notes, to obscure parts of messages and to automatically erase them a la Snapchat. Those in-house features enhance Messages, but the stickers and other apps that tap into iMessage take it from a product to a platform.

© 2016 The Washington Post

Tags: Apple, Apple Messaging, Apps, iMessage, iOS, iOS 10, Snapchat, WeChat
[“Source-Gadgets”]