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Better investments, profits and money management

Why psx is going down after new goverment

For all those being too optimistic about the PSX rally, let me clarify a few points: 1. Task Force created to curb money laundering and counter terror financing will investigate PSX brokers, their client’s records and that of their beneficiaries will bring into accountability many brokerage houses and this will create panic selling. This move…

Causes of big losses in stocks

Causes of big losses in stocks 1) Lack of basic knowledge, education about stock investing, markets, economy. Buying on tips/hearsay (from strangers & self proclaimed gurus). 2) Inability to scrutinize a company’s present financial health (financial statements) and evolvy some idea about co. future (including competitors). 3) Rigidity/stubborness to EXIT even when proven wrong. 4)…

Only Tax Filers can buy cars and properties

Starting July 1, only 1.2 million people will be eligible to buy cars and proerties worth more than 5 million. As reported by pkrevenue, the federal government in the budget 2018/2019 announced various measures to document the economy through restricting non-filers of tax returns. The government through Finance Act, 2014 introduced higher withholding tax rates…