If you are about to retire and do not have a pension, then you need to get that income for meeting your needs from your portfolio. Typically, when someone about to retire, I have seen that there is some sort of anxiety that kicks in. It is understandable too. After a long, long time, the […]
[May 2023] What is the market telling us now?
Greed and fear – our 2 big enemies. Greed is going to cost you and fear will destroy you. Greed wants us to take big bets with the market (sometimes erasing the line between speculating and investing). Fear wants us to hold back with “what if I lose my money?” Some investors can be zen […]
Update on Services and Fees – FY 2023-24
I am not sure if you know this but when I started my practise as an Investment Adviser in 2015, the first thing I did was start my blog. I focus on educating investors on money, finance, (most importantly) behaviour, with a focus on what NOT to do. In fact, if someone were to make […]
Deposit Insurance – What happens if your bank fails?
Deposit insurance came back to limelight after the Silicon Valley Bank or SVB crisis in the USA. Given the global nature of the economy, people in India too started to ask if the banks will have a problem and are they covered by Deposit Insurance. After all, not along ago we had failing banks such […]
[Tax] Lighthouse – April 2023 Edition
The Finance Bill 2023 was passed in the Parliament in the last week of March. It had some new tax provision changes, sneaked in the last minute. Debt Funds and REITs got a further tax burden with additional tax compliance. Benjamin Franklin has been known to say, “there are only 2 certainties in life – […]
[FAQs] Taxation on Debt Funds from April 2023
In the Finance Bill 2023, a new provision was sneaked in which impacts taxation on debt funds. It takes away one of the selling points of these funds against Bank FDs – long term capital gains tax along with indexation benefits. This has led to a flutter in the minds of investors and several questions […]
