. A cryptocurrency is a digital currency or asset that uses mathematics and cryptography to secure and process transactions. Bitcoin – the most famous and most valuable cryptocurrency at this time – was originally envisioned as a decentralized peer-to-peer currency in a whitepaper that was published by an anonymous person or group of individuals under […]
Marzee Kerawala started his full time financial advisory in January 2008, right at the peak of the last bull market. From then to August 2013 was a difficult time for financial planning professionals. Equity markets were sluggish and the period was marred with Lehman crises, Satyam fiasco, weak macroeconomics, dollar trouble just to name a […]
We all wish to get rich/richer. But, unless one has the mythical Midas Touch to get rich, one has to follow the 3 P’s – Planning, Prudence and Patience. However busy you may be in your professional/personal engagements, you must invest some time – in estimating your income and expenses, both present and future, your […]
The only way to realise your dream is to wake up, and that is the path which our country has chosen. India has awoken to implement one of the greatest reforms of all times – GST or ‘Goods and Service Tax’. Finally implemented, the GST is one indirect tax for the entire nation, which will […]
Imagine if all your fingers were of the same length, it would be useless. Likewise, in every investment, the asset class needs to differ from each other to integrate diversity of risk and optimise returns. Asset Allocation to investments is what wheels are to a car, it is the backbone of any financial planning and […]
Most of us understand SIPs or Systematic Investment Plans. But, what is ‘Step-Up’ or a ‘Top-Up’ SIP? We know how SIP works, how we gain from disciplined investing, rupee cost averaging, power of compounding etc. But have you ever thought that as per your increase in salary, you can also increase your SIP amount every […]
Today’s woman matches shoulder to shoulder with her male counterparts, striding towards equal or greater success, while having to balance a lot more on their plates! From home affairs, to professional careers and nurturing their children, she has her hands full. It therefore becomes critical for her to step back and ponder over how financially […]
Although demonetisation may have not cured the black money epidemic, it has certainly brought relief to our banking system whose balance sheets were rotting with toxic debts. Thanks to the huge influx of cash, banks have generously reduced lending (loan) rates which will boost economic consumption. Demonetisation may have briefly created chaos but overall it […]
. Many of my young clients are cheering the rate cut by RBI, as now they will have to pay lesser EMIs on their auto and housing loans. Most of the corporate clients will reduce their debt burden as the interest outgo will reduce substantially. But there are some who are not at all happy […]
On 8th November evening, while I was enjoying my kulcha paratha at a Dhaba in Chandigarh, I noticed something wasn’t normal. Few diners had trouble swallowing their food and others had forgotten to chew! After my hearty meal, as I walked up to the cashier to settle my bill with a Rs.1,000 note, I still […]
“Buyer beware” is biggest fear echoing in the minds of equity investors. Based on an in-depth research on equity as an asset class, for individuals with a long-time horizon, stocks may be the least-risky asset of all. They deliver better returns and long-term capital gains tax is nil. Over 10 to 20 years, stocks/equity are […]