“When’s the best time to invest? It’s today, not tomorrow” – Charles Schwab Key takeaways: Focus on asset allocation. Equity should form major part of your financial portfolio. Invest systematically (SIP or STP route) in equity for long-term. Increase equity investments during market panic, don’t sell in panic. Have a long-term orientation. Don’t be disheartened by …
“He may be forgotten, but He certainly is not gone!”– Anonymous Summary: It becomes difficult to track investments made long back, especially if you don’t have details like folio number of the investment. Consolidated account statement provided by NSDL and CDSL (only if you have a demat account) is a way to get your stock and …
“There is nothing more deceptive than an obvious fact.” ―Arthur Conan Doyle In the latest budget, Finance Minister Arun Jaitley, reintroduced Long-term capital gain tax for equity investments starting 1st April 2018. After the imposition of LTCG tax, there was lot of confusion and discussion. I tried to introduce the concept of LTCG tax on equities …
“In this world, nothing can be said to be certain, except death and taxes.” – Benjamin Franklin In the latest budget, Finance Minister Arun Jaitley, reintroduced Long-term capital gain tax for equity investments starting 1st April 2018. For some time now, It was widely rumoured that such a tax will come into effect. So, when …
All you wanted to know about LTCG taxes on equities! Read More »
Those who do not learn history are doomed to repeat it – George Santayana Key takaways: Continue SIPs/STPs as timing the market is quite difficult. If you have high equity allocation (80% plus), equity allocation should be reduced by booking some long-term capital gains from equity mutual fund. If the market were to correct, this can …
In recent weeks, we have seen yields of government bonds rising. At the same time, government has reduced interest rates on many fixed instruments like NSC, PPF etc. This gives an opportunity to look into the fascinating world of debt mutual funds that can better post-tax return (Fixed deposit or debt mutual fund- What’s better?). …
Buying a home is often an emotional decision. Who can argue with a desire to have a roof over your head without having to think about paying the rent every month? However, paying EMI is equally big headache. Especially in current environment where job security is a thing of past. If one is a buying …
“Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.” — Charlie Munger Having 1 crore rupee (10 million for those outside India) is a nice sum of money. It embeds a sense of security in our …
Most of the time when we talk about mutual funds, it is mostly about equity mutual funds. We often forget about debt mutual funds, that are another interesting segment of the mutual funds. We like debt mutual funds as they can deliver better post-tax return. While debt mutual funds can offer better post-tax return, one …
The devil is in the detail. Recently, we wrote about how balanced funds are a good option for steady returns. Indeed, balanced fund with in-built asset allocation tend to navigate the volatile market well. But the proof of pudding is in eating. Hence, we try to look at risk and return characteristics of decent balanced …
