Buy Morgan Stanley growth fund. Yes the same close ended mutual fund that people choose to hate. Let us look at the logic. MSGF a fund by Morgan stanley fund house is a good well rounded large cap fund. Whenever a fund house launches itself it starts with a large cap fund. So this close ended fund […]
What should you do in a falling market? So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalizing and explaining (or listening to other people explain) why stocks are falling. It’s a pointless exercise at best, and misleading at worst. Second, file the painful experience away as a […]
It may sound very outlandish and out dated that I do not allow my clients to borrow for investing. In fact I have become very unpopular with some clients for this very reason. However I am against people borrowing against gold, against their properties (top-up loan), personal loans or even a leveraged application in the […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]
On retirement many people think they will be on a lower tax bracket. This is a wrong assumption. Your tax bracket may not change especially if you invest in bonds. So do not keep postponing interest income. You will not be on the lower tax bracket unless you create dividend income, long term capital gains, […]