this is a guest post by taxadda.com – please consult a CA before you file your returns, I am not vouching for the accuracy. thanks. Capital Gain on share market (Including futures and options) Share market consists of trading in cash market i.e shares and also in futures and options. For long term investment, a […]
How many times did you say this to yourself in the past week? What caused this sentiment? Lemme guess – it is your habit of reading/watching porn. Financial porn is addictive. You will see/hear/read stories of how if you had invested Rs. 10,000 in 2015 it is worth Rs. 10,00,000 now or even more. It […]
I was talking about Sequence of Return Risk a few days ago to a bunch of new Retirees. Many of them had an adviser, and some of the retirees had no investment in anything other than debt instruments. Yes they had a variety of debt instruments – PPF, Senior citizens saving schemes, debt funds, bank […]
A few days ago a small piece of flesh was lying next to me. I woke up with a start..and it started speaking to me! It said I’m your conscience and in sanskrit I’m a part of your Atma. The Englishman has nicely separated the two, so you may not realize that a part of […]
This week marks my TENTH year writing Subramoney! I have completed 9 years and step into my 10 th year. Unlike one of my favorites Dev Anand, I started blogging pretty late in life. When I started in November 2008, I never could have imagined where this thing would lead. Now I can’t imagine my […]
You have Rs. 30L in your PPF account. You go to withdraw it for your daughter’s wedding which is 2 months from now. You know you are dealing with the sarkar so you go expecting a 1 week process. The boy/girl/man/ at the counter tells you “sorry..there is a change in the rules”. You will […]
Annuities can be seen as life insurance in reverse. In life insurance you keep paying a small amount of money to a life insurance company, and when you die your nominee gets a lumpsum. In annuity you pay a lumpsum from which the company pays you a fixed amount of money (or indexed) on a […]