Sungar: I have taken a home loan. 20 Lakh is the principal amount outstanding. 77 months pending terms/EMIs. Interest component I paid in 2016-17 is 2 Lakh. I will not get full benefit of income tax for interest component as rates have gone down. Please suggest what should I do? Is closing of home loan […]
Equity Market Outlook Major themes – to impact India in 2017 include increase in consumption demand, growth led by reforms, monetary stance of global central banks and economic policy decisions, etc. Equity Investing – Improving fiscal situation, inflation rate, exports growth, rising FDI flows point towards fundamental, amazingly well sold SIP story, banks awesome ability […]
Thanks to Idfc Mutual Fund Rolf Dobelli, the author of the Million-Copy bestseller was in Mumbai on 13 Jan, 2017 for an one hour talk on ‘The Art of Thinking Clearly’. Of course he spoke clearly about 8 of the 100 biases that he has written about in his book. Needless to say he spoke […]
This is surely just a ramble. I did not even know whether to call it learning, rules, diktats, …or just a ramble by an old investor, but hey here it is…. Make mistakes – write down what went wrong, make quick small mistakes, laugh at them, make it when you are young, and most importantly […]
there are many things to do to capture back your lost mood…here…read on.. http://www.businessinsider.com/simple-ways-to-improve-mood-according-to-psychologists?IR=T/#6-be-a-realistic-optimist-20
Most people think that getting rich is difficult. I do not really disagree, but staying rich is far more difficult. Many salaried people without much of a wealth attitude do not get into that wealthy attitude and ability to stay rich. It is far more difficult to manage your money than to earn it. I […]
In the USA there has been a mini revolution of sorts. Urged on by people like Warren Buffett himself, more and more people have gone to Index and ETF way of investing. Not very difficult to see why – performance. Now consider a fund manager in the Indian context. He heads a multicap fund and […]