P2P Lending: Barking Up The Wrong Tree

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it’s a recipe for disaster, warns Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com In July last year, I wrote in this column: ‘Before it is too late, the RBI should … Read more

Ooma Blinking Red: Easy Guide To Fix

Is your Ooma station blinking red and you are searching for tips to fix the issue? Don’t worry. This post got you. There are some troubleshooting tips you can try to fix the issue. If your Ooma station is flashing red, it means the device is not connecting to the network. Several factors can cause … Read more

El Salvador President to Bitcoin Doubters: ‘We Have No Intention of Selling’

Announcing that his country has made $3.6 million by dollar-cost averaging into bitcoin, president Nayib Bukele spoke out to his detractors. After the bitcoin price hit 20-month highs above the $41,000 mark, El Salvador President Nayib Bukele took to social media to announce the profitability of his country’s bets on the leading digital asset. “El … Read more

How to allocate your portfolio with stocks, bonds and cash

With cash and bond yields near 15-year peaks, you might wonder whether you should increase your weighting to fixed-income investments. Morningstar’s director of personal finance, Christine Benz, took a look at the issue in a recent internal interview. As for cash — money-market funds, certificates of deposit and savings accounts — “the yields are certainly compelling,” she said. Many money-market funds yield more … Read more

Apple at 4-month high as iPhone assembler Foxconn boosts sales outlook

Apple’s key supply chain partner just boosted its sales outlook, suggesting solid demand for iPhones, tablets and PCs over the holiday season. Apple  (AAPL) – Get Free Report shares hit the highest levels in four months Tuesday after the group’s key iPhone assembly partner, Taiwan-based Foxconn, lifted its fourth-quarter growth forecasts amid improving consumer demand. Foxconn, arguably the … Read more