The year 2018 saw the introduction of long term capital gains tax on equity investments (mutual funds or direct stocks) at the rate of 10%+surcharge. As you file your tax returns, here are some key points to wade through the calculations. If you have sold your equity investment (held for more than 1 year) in […]
How to travel the world for free by using credit card reward points?
Who wouldn’t want to? But how? The good news is that I now know someone who does that all the time. I got to know Saakshi and her husband, Ajay, as clients and when I first met them, the conversations kept gravitating towards places to see, eat at & shop from. I realised that there […]
Investment problems of an HNI, High Networth Investor
“Why does your investment portfolio run into 10 pages? Any specific reason?” “Well, nothing specific. One advisor told me to invest in a few funds and I complied. Then subsequently another advisor came along and told me about better funds and I invested in them too. Of course, my Bank RM keeps advising me about various […]
The last minute tax savings guide for 2018-19
As a nation, we may be obsessed with saving as much tax as possible. But this last minute rush is what we truly enjoy. I am checking up with a few investors and guess what, they are still not done with their tax saving investments. If you are one of those, here’s your last minute […]
Goal based investing – Plan for your daughter’s education
Time and again, Rahul is confused about his investment choices. He is not really sure what can he do about it. He now has a bloated portfolio with all kinds of instruments scattered around. At last he came visiting. “What do you want your money to do for you?” I asked. There was a pause. […]
Pension Plans or Wolf in Sheep’s clothing?
Who doesn’t want a safe monthly pension post retirement? And if there are promises and guarantees, nothing better than that. Insurance companies take advantage of just this desire in you to offer you Pension Plans. Or, as I call them – wolf in sheep’s clothing. A reader (let’s call him Vivek) too has bought a […]
