“Don’t put all your eggs in one basket” is one of the simplest ways to explain the concept of diversification. While the above statement puts across the point very beautifully, in 1950s a person by the name of Harry Markowitz went on to build a mathematical model. He even submitted a paper on his research to […]
[Wealth] Lighthouse – June 2023 Edition
Time is the most important determinant of investing success. It is a realisation that comes with ‘time’. When we have exhausted all the ways to grow fast and easy, we go back to the time tested principles of building wealth. I say this today as a reminder. In the age of influencers, and those who […]
[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 […]
[Risk] Lighthouse – March 2023 Edition
We live in a VUCA world fraught with risks of the unknown unknowns kind. These risks can’t be known in advance or be quantified. How does one invest in such an environment? Should we stop taking any risks? That’s we touch upon in the Lighthouse March 2023. Recently I happened to come across Mark Spitznagel’s […]
