#goalseek

[mygoalseekj]

A glimpse about Mutual funds

We all are fascinated about growing our passive income apart from the income that we acquire from various active sources i.e. from our jobs etc. But during the process when we desire for the time when “Money can work for us, instead of we working for it” as said by the great financial trainer Robert T Kiyosaki. We generally tend to have a fear or confusion whether we should invest in stocks or not?

This usually happens with most of us. The primary reason for this could be the lack of fundamental financial education. Having a desire to invest but unable to do so creates a dilemma which in turn opens a Pandora’s box for ourselves and we keep on working for money instead of creating a system where money can work for us.

What basically Mutual fund is?

A mutual fund as the name suggests is a fund in which several investors put in their share or contribution to generate a pool of money. This money is in turn invested by the company that basically offers the fund and since this is done by professionals who have proper knowledge about the financial market, you can get a better return out of it.

In simple terms, buying a mutual fund is like buying a pastry out of the entire cake. The mutual fund owner gets his share from the gains, profits, losses etc.

How Mutual funds are managed? Which body regulates it?

The company that manages the mutual fund is known as Asset Management Company. This company in turn hires a professional money manager, who trades in securities to accomplish the stated objective.

All the AMC’s are regulated by the Securities Exchange Board of India (SEBI). It provides regulations and guidelines which all AMC’s have to adhere.

Benefits of investing through Mutual funds.

All the mutual funds regulated by SEBI, are managed by highly professional money managers. These money managers always have a bulls-eye on the market and as it is their primary occupation they devote more time compared to any other investor who is investing in stocks individually. When you don’t have enough knowledge, mutual funds provide a way where you can avoid the stress of calculating difficult financial ratios and even analysing the company’s financial statement.

Basically, by using mutual funds, “You are using an instrument of money-making and using your money to earn more money for you, even if you don’t have an experience of doing it properly.

How to start the journey of investing in Mutual funds?

Investments in mutual funds can be done with a few clicks on the internet. Basically, through an online mode, it can be through the website offered by the Asset management company or through various apps.

1. Investing through an official website of Asset Management Company (AMC).

Every asset management company offers its website. Through that website, you can invest in various mutual funds schemes by just following the steps and completing your e-KYC verification. For this, your Aadhar and PAN card is required.

2. Through Apps

You can get the details of mutual funds and can easily invest in it by installing some apps in your smartphone. Various apps are available which allows you to get the details about the various mutual fund schemes, your account statement etc. Investors have a plethora of options for investing in various fund houses.

Precaution before investing in Mutual funds

As mutual funds are subject to market risks, you must choose your investing instrument carefully before investing. For any kind of financial investment activities, we recommend you to kindly learn about mutual funds and Systematic Investment Plan (SIP) in detail and if possible take the help of an expert professional regarding risks and returns. Because when it comes to investing, the only way to reduce the risk is to know the market in a better way from an expert.

[awesomeredhds02]

tea_tasi

Die Suche nach dem Ziel ist mehr als nur ein Endpunkt; es ist die Reise, die zählt. Jeder Schritt lehrt uns, größer zu träumen, stärker zu kämpfen und tiefer zu leben. 🚀✨ Umarme das Unbekannte und finde Freude an der Reise, nicht nur am Ziel. Lasst uns gemeinsam jeden Moment schätzen und die Erinnerungen feiern, die wir unterwegs sammeln. 🌟 #ZielSuche #WegIstDasZiel The search for our goal is more than just an endpoint; it’s the journey that counts. Every step teaches us to dream bigger, fight harder, and live deeper. 🚀✨ Embrace the unknown and find joy in the journey, not just the destination. Let’s cherish each moment together and celebrate the memories we collect along the way. 🌟 #GoalSeeking #JourneyIsTheGoal . . #goal #redhair #yoga #spiritualjourney

[dertaglichedan]

Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)

First things first: unlike the last two months when both the January and February jobs prints were beyond ridiculously manipulated and goalseeked to pass a terrible number as a strong one, the March print was not a complete disaster.

To be sure, superficially the March report was another artificially goalseeked blowout that guaranteed it would have zero credibility: with 303K payrolls added which was a 4 sigma beat to the median estimate of 214K and above the highest Wall Street forecast. There is just one problem: the number of multiple-sigma beats in recent months has been so high, the entire concept of "beats" has become laughable.

Consider this: January was a 5-sigma beat to expectations; February was a 3-sigma beat and March, we just learned, beat the median estimate by 4-sigma. Not only that, but in every of the last 3 months, the actual payrolls number (at least before it was revised lower the next month), has come in higher than the highest Wall Street estimate! We kinda feel bad for Biden trying so hard to manipulate the economy and population into liking Bidenomics and approving of his disastrous economic policies. Maybe he should just report one month that jobs rose by 10,000,000 and sit back and wait for his approval rating to hit 100... or something.

[jiteshgadhia]

"Your actions determine where you'll end up."

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#goaldriven #goalhelper #goalplanning #goalz #goaloriented #goalsmasher #goalgetters #goalkeeping #goalies #goalstoreach #goalseeker #goalparty #goalkeepertraining #goalscorer #goalachieved #motivationalspeakerindia #motivationalspeakersinindia #motivationalspeakerlife #motivationalspeakerhindi #motivationalspeakerforyouth #ahmedabad #jiteshgadhia

[mygoalseek]

let the fairy lights shine upon you and your loved ones on this winter night!We wish a merry Christmas and hope the spirit of christmas keeps you blessed and happy. #GoalSeek #accounting #Bookkeeping #christmas2020🎄🎅☃️❄️ https://www.instagram.com/p/CJNF2DkFyO0/?igshid=13z5q966upyxq

[boogles]

Excel - Advanced Tips - do you have to use excel spreadsheets at home or at school or at work? Do you want to take your intermediate-level knowledge up a level? #pivottables #goalseek #spreadsheets - check out: https://skl.sh/30d4ha4 via Skillshare #excel #microsoftexcel #msexcel #msexceltraining #msexcelrules #msexceltips #msexceltricks #msexcelcourse #msexcelvideos #msexceltutorials #msexceltutorial #msexcelworkshop #msexcelbootcamp #excelspreadsheets #excelspreadsheet #goalseek #bookkeepingexcel #excelbookkeeping #bookkeepingsoftware #excelaccountingspreadsheets #excelaccountingspreadsheets #excelaccounting https://www.instagram.com/p/CBFXhcml2UN/?igshid=1bdfdvhenkerp

[highvaluedmen]

Success can't be forced. You have to strive a little bit harder each day to get to the point or even your enemies can't ignore you. As always, Be Physically Fit, Charitable in Heart, Motivationally Strong, Respectful/ Respected in Deeds and in Actions, Spiritually Sound, Financially Secure and never apologize for being a MAN. . Type "yes" if you are agree... Don't forget to click [follow] . . ⚠️⚠️ SAVE📁 POST FOR LATER SO YOU CAN SEE THE POST WHEN YOU FEEL UNMOTIVATED. ⚠️⚠️ . . LIKE ❤️ | SHARE ↗️ | SAVE📁 | COMMENT📢 . . Follow :- 👇👇👇👇 . ➡️ @highvaluedmen ⬅️ ➡️ @highvaluedmen ⬅️ ➡️ www.highvaluedmen.com ⬅️ ➡️ www.highvaluedmen.com ⬅️ #goals #motivation #love #goalseeker #goalsmashing #goalslayer #inspiration #noexcuses #goalscorers #mgtow #redpill #mengoingtheirownway #mensrights #mensupportingmen #men #realmen #menist #mentoo #gynocentrism #manhood #masculinity (at Atlanta, Georgia) https://www.instagram.com/p/CZ4hNhWuaHK/?utm_medium=tumblr

[just-another-eve-of-eden]

I need not listen to story telling women to stayed home, do chores, cook meals and do the laundry. Because for me, gone are the days that women are passive and dependent, and just waiting for her man to come home the whole day. I don't want to be just sitting around waiting. I have dreams to work on too. I need to get busy to support my dreams. I don't want to rely to anyone about my future.

[booksndnotes]

Sum and Substance

Developing goals that are reasonable and achievable is the first step to success—whether it is in your career or any other aspect of your life. You must plant the seeds in your subconscious mind that will enable you to accept and implement these goals. Here are seven steps that will facilitate this process:

1. Goals should be clearly stated

Indicate in clear terms what you wish to accomplish. Be specific and firm in stating the goal. For example, saying, “My goal is to be the best salesperson in my company” sounds good, but it is better to be more specific: “My goal is to reach a sales volume of so many dollars for the next fiscal year; and 10 percent more each year for the next three years.” Now you know your target, and your subconscious mind will help concentrate your efforts on reaching those figures.

2. Goals should be inspiring.

If you set a goal that is too easily attained, it will not motivate you to do more than minimal work. Set goals that will inspire you to keep moving ahead and to work that much harder to achieve them. Achievers recognize that once a goal is reached, they should immediately set another goal that will make them stretch to continue to improve and grow.

3. Goals should be measurable.

It is not always possible to quantify your goals. Some goals can be measured in financial or other numerical terms. You can set sales figures that you wish to attain by the month, quarter, or year—in terms of units of product or dollar value. You can set production

■ goals by amount. Even intangible goals, which cannot be quantified, can be established in measurable terms. The major goal can be broken into segments and timetables set for the completion of each segment. In this way you can measure how close you are in reaching each of the segments and fine-tune your activities to assure that they will be accomplished in a timely manner.

4. Goals should be action based.

Unless the actions that will be taken to implement the goals are noted, the goals are no more than dreams. Action requires activity—mental, physical, and emotional. Mentally, you must be prepared to think about your goals every spare moment and what actions you must take to realize them. Your subconscious mind will help you convert your thoughts into actions.

5. Goals should be written down.

One way to assure that goals will not be forgotten or lost in your hectic day-to-day life is to write them down. Make a list of your long-term goals; break them into intermediate and short-term goals. Write them in large letters and post them where you can see them every day—over your desk, on the refrigerator, on your mirror. Read them, memorize them, reread them and ask each day: “What am I doing to accomplish these goals?”

6. Goals should be shared with another person.

Another way of assuring that you will not let your goals go the way of New Year’s resolutions is to tell somebody about it—somebody you respect; somebody whom you listen to. Bill Wilson, one of the founders of Alcoholics Anonymous, reported that one of the major acts that help participants in keeping sober is sharing their goals with others. Jean Nidetch, founder of Weight Watchers, reported similar experience.

7. Goals should be flexible.

There are times when circumstances change and the goal you set is no longer pertinent. Economic conditions may not be favorable for starting that new enterprise; technological innovations may have made your goal obsolete; you have made errors in your research and the goal is not feasible. This does not necessarily mean the goal must be abandoned. It may just require new thinking or more study. If you are faced with such a situation, review what has transpired and make necessary adjustments.

- Joseph murphy , putting the power of Subconscious mind to work.

[mygoalseekj]

Counting on Accounting: Cash Vs Accrual Accounting

Every business is unique in its way and so are its methods of working. Depending upon the need of the business or the ease of owner they decide the way they wish to transact with customers, products, purchase, sales, and stakeholders or even with the books of account. Where there are two types of recording transactions, viz. Cash accounting and accrual accounting; businessman opts for the one that suits his objectives.

What is cash accounting?

In simple terms, recording the transaction when the cash is paid is cash accounting. Be it income or expenditure, when the cash is transacted, is the time when the transaction is recorded in the book of accounts. For example, if the x party has purchased something from y in January and has not paid any cash for the transaction done in the same month. The transaction will not be recorded. On the other hand, when the party clears the due in February, the transaction is recorded in February.

Is that suitable for your business type?

Since this is real-time cash transaction tapping, it is always the first choice, so that the cash gets tallied. But in actuality, this is more suitable for all those who deal with a limited cash business transaction. Moreover, if the business is small and mostly the type of transaction done is cash-based, this should suit your business needs.

Accrual Accounting:

In simple terms, this is the type of account where the transactions are recorded even when they are not realized in cash. This is exactly the opposite of recording the cash transaction. The income or expenditure is recorded in the book of accounts irrespective of the time frame when it has occurred. For instance, when Vendor A sells his good to B and asks him to settle his accounts to clear his dues in the weekend, B has an increase in purchasing power and hence this leverages his business. A would only record the transaction without the time or cash constraint as he is dealing with books by the accrual accounting method.

Keeping the stuff simple, cash being earned or not, the revenue is recorded as soon as the product is sold or the services are offered, ensuring that the expenditure is recorded as well.

Is that suitable for your business type?

Well, if you are dealing with huge cash transactions, or you are in macro business; it is a sure shot Yes! When you have more than certain cash transactions, it is not manageable to record them always. Hence the same is recorded in the accrual accounting pattern.

Let’s get into a sneak peek as to how cash accounting differs from accrual accounting:

If you wish to know your exact cash transaction done in a day, cash accounting shall be a great aid. Think of a moment when you recorded cash but have not paid in the expenses, will that give you the exact picture? The answer to the same is NO!. The income in cash can be recorded if done in the day whereas in accrual the expenditure and income both can be recorded, hence providing you the exact picture. Cash accounting will not provide you with a clear picture if payable and receivable are not done on the same day.

Cash is the easiest way to apply in day-to-day accounting methods, whereas accrual is a bit complex. However, GAAP and IFRS acknowledge the accrual accounting method.

The income level recorded in the cash accounting system will be less and the levels in comparison will be more in the accrual accounting system as the cash will be actual and the income will be assumed. Cash received can be part of actual cash on hand in the cash accounting system, whereas Income is not equal to cash flow. All in all, Different business has different strategies and so is the accounting system. Pick up the method that suits the need of the business.

[sagittariustudent]

Lil study session before class, rewriting notes and refreshing myself on material 🌻🌾

Big goal for myself this semester is to actually write my notes by hand after class to keep myself familiar with what I learn, let it sink into my mind more efficiently, and use it to connect other ideas 💡 🥰

[pretendingtobeintellectual]

Have just one goal

#goal #goals #GoalOfTheDay #goalsetting #success #SuccessTRAIN #successmindset #MotivationalQuotes

[themarketingjediknight]

Don't get it twisted 😌

[mygoalseek]

We make your transactions easy. Know more : https://bit.ly/30DEt6l #accounting #GoalSeek #Bookkeeping #tax #bookkeeper https://www.instagram.com/p/CIsGxwHlT9F/?igshid=1b484u4a1sy4x

[learn-with-whiteboard]

The struggle you’re in today is developing the strength you need for tomorrow. Don’t give up.

[godkingathleticsllc]

Eyes Fixed Firmly on The Prize... While I Bask and Enjoy THIS MOMENT!!! . . . . . . . . . . . . . . . . . . . #visionboard #visionary #instagood #dreamseason #goals #dreams #focus #vision #motivation #love #focusst #goalsaf #focusrs #fitness #goalsetting #goalseeker #fitnessmotivation #happy #iamfree (at South Carolina) https://www.instagram.com/p/B0jliMhFSJr/?igshid=tu4t7herolv