“In this world, nothing can be said to be certain except death and taxes” – Benjamin Franklin While taxes are certain, there are legitimate ways to reduce taxes. I firmly believe that as responsible citizen, I must pay a fair share of taxes. However, I also believe that we owe it to our family that …
Summary: Greed and fear are the two sides of investment journey and both of these get us in trouble. Greed of high return and fear of missing out on a good investment opportunity compels us to make bad financial decisions. The first rule of investment is to avoid permanent loss of capital. This can be …
It’s a job that’s never started that takes the longest to finish.” – J. R. R. Tolkien Summary: Beware of the changes taking place. High life expectancy, higher job uncertainty and absence of guaranteed inflation-linked pension puts the onus of secure financial future on you. Your actions today can be the difference between a comfortable financial life …
“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 …
Many times people ask me that their LIC policy matured and they have some money to invest. Salaried people get annual bonus which could be a large amount (if you are lucky:)). They ask what’s the best way to invest lump sum amount. Below, I am going to explain how this should be done to …
How to invest lump sum amount into equity mutual funds? Read More »
A goal without a plan is just a wish – Antoine de Saint – Exupery This is the third and final part of our series on how to fund kid’s education. In our first article, we got an idea about the cost of higher education at different type of institute in India and abroad (Plan …
Mutual fund investment strategy for kid’s education Read More »
The roots of education are bitter but the fruit is sweet – Aristotle The biggest satisfaction for parents is to see their kid’s well educated and well settled. That’s mission accomplished and a big relief for parents in their retirement years. Many times I meet parents of successful people and I feel a sense of …
Planning for kid’s education- go mutual fund way! Read More »
I know of a case where a person who was a diligent investor died and his family was totally in the dark about his investments. It was harried few months for the worried family to find all info on his investments. He not only made a mistake in keeping all his investments to himself but …
Most of the time people looking to invest get bogged down with what return should be expected. Instead of looking at the big picture, we waste time about timing the market (elusive dream of buying at the market bottom and selling at the peak) and high growth. The equation of effective investing is quite simple, …
Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves- Peter Lynch During my initial days of investing, I felt that systematic investment plans are not very smart. However, over the years, I have realized that it is one of the most …
Systematic investment plans – How to make money? Read More »
