Covid19 too will bring in many changes in the way we live and operate. Every crisis becomes a learning opportunity. I couldn’t help but ponder on key lessons I have reiterated to myself as an investor. I am sharing them with you. #1 Maintain a Distance from your portfolio. #2 Sanitise your portfolio. Review and […]
Small savings getting smaller – PPF, SCSS interest rates cut
[The fool’s take] Feel proud! You are a solider too. You are finally making a contribution towards the economy. As your small savings become smaller, the govt coffers will be relieved to fight the bigger menace. On a serious note, this is what happened. Interest rates on small savings were slashed across the board. Before […]
[Calculator] What is the cost of 3 month EMI moratorium?
Yes, you still want to go for the 3 month EMI Moratorium. I just want to let you know that this is not free money. It comes with a cost. Here’s the earlier post on the RBI announcement. The update is that this moratorium is automatic. For the next 3 months, your EMI will not […]
DSP Small Cap Fund – Invest all you can? Beware!
If you are an investor in the DSP Small cap fund, you have received an email from the fund house about allowing lumpsum investments. Quite an irony that when the country is locked down, the mutual funds are opening their gates, and that too small cap, no less! In Feb 2017, the fund had closed […]
[RBI] The Home Loan EMI of the Middle Class
The bottom of the pyramid, the needy and poor got benefits from the Government. The middle class guy who funds all these benefits was left wondering. “Mera number kab Aayega!“. (When is my turn?) Will there be a cash transfer to my account? or free groceries? Will I have to NOT pay electricity bills for […]
Rules for claiming tax benefits on Joint Home Loan
A joint home loan between say husband and wife, is a widely used idea. It helps in 2 ways. One, a higher loan amount based on 2 incomes. Two, both can claim tax benefits leading to a higher overall tax deduction too. However, some of the borrowers are not aware of the rules governing the […]
