All insurance plans will become taxable – this is terrible news for life insurance policy holders. How capital gains will be calculated will be a major issue. The cap gains calculation will have to be done by the life insurance company – after all they know all the transactions. So software guys enjoy..all life insurance […]
A few days back I wrote a piece saying the “The future of the mutual fund industry is very B…”. Now you could interpret this B as bleak or bright! I have already written about the bright part, now let me write a little about the bleak part. So here it is…. Since August, 2009 […]
Advantages of PMS 1.Personalised asset allocation. The portfolio should be based on your personal investment goals. It would not be just a general strategy like “growth” or “income.” Thus the money that you need in 6 days would be in a savings bank account, money that you require in 6 months in a floater account, […]
How can a Doc retire early? Docs start earning quite late in life – at least the big bucks come at a late stage. So is it really possible for a Doc to retire early? It really looks difficult. Docs unless they are super specialized and have created some kind of aura about their capabilities […]
In one of those financial planning classes somebody asked me this question. It is quite an easy question to answer, but a difficult answer to understand. For different people it means different things. If you wish to own a Mercedes having a spare Rs. 80 lakhs to buy and Rs. 50,000 per month to spend […]