The Budget 2023 lays emphasis on economic growth through capital expenditure, all-round inclusive development, supportive business environment, reduced compliance burden and reduction in the tax outgo for individual taxpayers opting for the new tax regime. It also sends a strong signal to the global investment and business community by reiterating the government’s position on […]
5 Things To Do At The Start Of The New Financial Year
(I) Review Your Portfolio: While long-term investing is essential for wealth accumulation, this does not mean one should invest and forget about it. A portfolio review should be done on a regular basis, and the beginning of the financial year is an ideal time to do so. A quick review will show the performance of […]
We Can’t Predict. We Can Prepare!
The pandemic shook the world, and ironically equity investors are singing their way to the bank. Big companies are getting bigger, reporting record earnings at the cost of consolidating MSME (Micro, Small and Medium Enterprises). The US has been playing Santa Claus, on a note printing spree! This was the precedent set for all countries’ […]
Financial Management Basics For The Youth
Marzee Kerawala is a Certified Financial Planner with expertise in Income Tax and Investment products. Managing assets worth over Rs. 4 Billion, his firm ‘NiveshIndia’, designs Tailored Investment Strategy through Customised Financial Planning for individuals and NRIs, and also handles Treasury Management for corporates and SMEs. You can contact him at +91 9987567667 or Email: firstname.lastname@example.org [Website: www.niveshindia.in] Financial literacy […]
Should You Contribute To VPF In Its New Avatar??
. I had earlier highlighted the key changes proposed by the Union Budget 2021 its impact on various employees, investors, tax-payers and consumers. A significant change the budget proposed was taxing the interest on PF contribution (by employees) above Rs. 2,50,000/- as per the employee’s marginal rate. This signifies curtains down for the EEE tax […]
Is Professional Wealth Management For You?
Market moods tend to swing rapidly, and FY 2020-21 had on display both the extreme highs and lows. We are very close to touching 50,000 points on the Sensex. When I had penned my article in March, 2020, ‘Follow the rules and Investment Karona’, we were close to 26,000 points, never did I imagine I […]
This Diwali, Add Divinity To Your Wealth!
It’s Diwali time, and I was wondering what topic would be most relevant and beneficial to our readers on personal finance. We all do Laxmi Puja, it is a form of worshipping the Goddess of Wealth. But I wonder if that brings divinity to our Wealth? When one uses his wealth to help the right […]
Time To Fan Off Your ‘FAANG’ Urge?
Given the number of requests I have been receiving over the past couple of weeks to buy ‘FAANG’ stocks in my investor’s portfolio and my meetings with the representative of the platforms (which facilitate foreign equity transactions), I thought it is appropriate at this juncture to pen down this article. For the uninitiated, ‘FAANG’ is […]
Avoid Herd Mentality While Investing
The idea of making Big Money and Quick Money has always attracted people to stock markets. However, what most of them don’t know, is making money in stock markets is simple, yet not easy. Apart from having sound processes and a financial plan, it requires loads of patience and discipline. Today, let’s explore ‘herd mentality’, […]
Recency Bias And Investment Decisions
As Investors, we like to think that every decision to buy or sell a particular investment has a logic to it. Unfortunately, that’s not always the case. As investors, we are inherently vulnerable to biases that lead us to illogical and irrational investment decisions; Biases are part of human behavior and we are prone to […]
Mental Accounting Bias And Investments
In my last article I elaborated on ‘Behavioral Biases’ investors often fall prey to, which impact their long term wealth creation, thereby providing you with simple yet effective methods to understand, learn and overcome these biases. We discussed ‘Loss Aversion’ bias along and ways to overcome it. In this article, we will discuss Mental Accounting […]