THEY are believed to carry hidden treasure on Dalal Street. While investors call them the low-lying unpolished gems of the stock market, brokers say there are big bucks to be made if you can identify these stocks early. No prizes for guessing this, we are talking about deep value stocks which can do wonders to [...]
A few months ago, Dateline NBC ran a supposed expose on Indexed Annuities- most of their assertions I find fault with. I decided to sit down and provide a counterpoint view of why indexed-linked products- whether they’re life insurance, annuities, CDs, or corporate notes- have some unique advantages that no other financial product can compete [...]
The first step in the procedure of recording transactions is to journalize and the second step is to post the transactions in the ledger. Ledger is known as the ‘principal or chief’ book of accounts. In ledger the financial information is classified by its nature and relevance.
The statement which records the transactions at one place [...]
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