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|Penny Stocks Alert: run away as fast as you can. While this might seem like prudent advice Cheap Connor Hellebuyck Jersey , there is a way and a method to reign in the danger to your portfolio. Certainly they would not form a cornerstone of your investing the way Blue Chips or Treasury Bonds might be. On the other hand, they might become that portion of your investing that you might delegate as fun…we shall see.
As a former employee of Salomon Smith Barney Cheap Michael Hutchinson Jersey , many people come to me and ask financial advice questions in general and about penny stocks in particular. Even though I no longer work in the financial arena, there are some investing principles that stand the test of time. A wise investor should have a diversified portfolio that includes stocks Cheap Dustin Byfuglien Jersey , bonds, and cash. This might seem kind of boring so it is pretty commonplace for certain individuals to seek out some excitement by investing in penny stocks. This enthusiasm stems from the fact that penny stocks have been notorious for producing wild gains as well as some pretty scary losses!
So how does an individual dabble with penny stocks while keeping a safe distance between themselves and danger. The big secret is not too unlike investing in the Blue Chip sector of the stock market. You need to do some homework with regard to the particular company that you are contemplating purchasing. Here is where most people fall down as they do not have the patience for the requisite due diligence. Does that mean that you cannot play here. Absolutely not! You can do what countless others have done before you. That is Cheap Nikolaj Ehlers Jersey , you can hire others to do the work for you. Now before jumping to conclusions, let me be quick to point out that the hiring of others that I am referring to simply means taking out a subscription to a newsletter that specializes in penny stocks.
The nicest feature about most on-line subscription services that deal with penny stocks is the free trial that they offer prior to becoming a full subscriber. This allows you to test their offerings so as to be in a better position to decide if this type of investing is right for you. You will learn all about the Penny Stocks that are worth chasing after as well as some that are more on the risky side. After reviewing several services Cheap Bryan Little Jersey , I have come to enjoy the information put forth by www.premiumpennypicks.info
The last piece of the investing puzzle that I would like to leave with you before you go off and subscribe to a newsletter dealing in penny stocks is this: Make sure that the percentage of your portfolio that you delegate to penny stocks is 1)very small, say something on the order of 5% and 2) be comfortable knowing that this part of your investing could become worthless just as quickly as it could skyrocket to your wildest dreams. Don’t bet the rent money here just in case! I would also recommend that you take a look at some other articles I wrote on penny stocks over here: Penny Stocks: How To Increase Your Chances For Success and also over here: Penny Stocks: The Good Cheap Jacob Trouba Jersey , The Bad & The Ugly
To Your Success
Chris Borg is a practicing pharmacist who helps people with medical needs and financial info. Lately Chris has turned his attention to helping others who want to quit the rat race. You can visit Chris at http:ratracebgone
How Getting A PAN Card Could Be Useful May 25, 2014 | Author: Ashis Jain | Posted in Business
The Indian tax system requires that everyone pays income taxes and any other taxes that are listed in different regulations. The implementation of this law has made it necessary to widen the tax net in order to get as many people as possible to pay taxes. The introduction of the PAN card in the tax system was the best way to net as many people as possible to pay different taxes and adhere to many other regulations. The card is so mandatory that you may not be able to do some things if you do not have it hence making it very essential.
This 10 digit alphanumeric unique identity is what is used to identify people for tax purposes. It is designed to be used in many other transactions where your identity is key to making the transactions authentic. The idea is to keep every financial transaction that comprises of a tax element in track with the main goal of preventing tax evasion.
Everyone who earns any taxable income in India is required by the tax law to apply for a PAN including foreign nationals that are required to pay taxes in India. It is also important for businesses to be tax compliant by applying for the number if they make a turnover exceeding Rs. 5 Lakh in any given year. Tax compliance is an essential element for every citizen hence having the card is very helpful.
For you to be issued with your own PAN card Cheap Dmitry Kulikov Jersey , it is important to understand whether you should fill form 49A or 49AA. This information can be obtained from the Income tax department of India and visiting the office to apply or applying online. The application process requires that you submit a copy of your national ID and any proof of your place of residence and paying the requisite amount through a demand draft, cheque or cash.
Having the permanent account number allows people to undertake different financial activities including payment of taxes Authentic Mathieu Perreault Jersey , filing income tax returns and in avoiding being charged more taxes than necessary. This is the number that shows the tax department that you are tax compliant or not. You cannot file income tax returns or pay direct taxes if you do not have this number.
You have to pay taxes when doing different transactions like in the purchase of immovable property worth least Rs. 5 Lakh. Everybody transacting in selling or purchasing an automobile, besides a two wheeler should also disclose their PAN number during the transaction since taxes may need to be paid. Therefore Authentic Kyle Connor Jersey , getting this type of card becomes mandatory to be able to conduct such transactions.
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