Nobody doubts equities when markets are on a tear. Some of us do our homework and choose mutual funds (MFs) that are most suitable for our goals. But some jump into the pool even if they don’t know how to swim. The knives are out when markets tumble. When equity markets collapsed this March, obituaries […]
The coronavirus pandemic has put all our short-term needs front and centre. Just getting through one week of virtual work meetings, grade school math lessons, and grocery shopping can be a challenge. And if you’re one of the millions, struggling with income loss or unemployment, those daily to-dos can feel even more pressing. However, as […]
Everyone I know is worried right now—running for the hand sanitizer and staying home to avoid crowds. If you’re not getting out as much as usual, chances are you also have more time to panic over that other major pain point—the stock market jitters. We are wired for anxiety. It’s not just our reptilian “fight […]
March 2020 was brutal for the Indian mutual funds (MF) industry. The BSE Sensex fell by 31 percent, while the BSE Mid-cap and BSE Small-Cap indices fell by 32 and 32 percent, respectively, between January and March. Equity funds, on an average, fell by 27 percent in this period. All diversified funds fell, but some […]
When life gives you lemons, make Lemonade is a proverbial phrase used to encourage optimism and a positive can-do attitude in the face of adversity or misfortune. Lemons suggest sourness or difficulty in life; making Lemonade is turning them into something positive or desirable. Wikipedia In these unprecedented time of the human race, survival has become […]
In bad times, fundamental qualities and strengths of businesses shine through. The result is that although every company does badly, the good ones do less badly and recover better while many of their competitors just die out. By Dhirendra Kumar One of the problems in living in an environment where there’s a new piece of […]
Women should be equal partners in money decisions and ownership I am at the Bengaluru airport getting back from an event. An old friend calls, “Are you in the city?” “Just getting back home, why?” I ask. “No, my wife just came back from your event and is asking me what we do with our […]
As you are aware, Budget 2020 got a slew of changes for Non-Resident Indians (NRI). We endeavour to collate announced provisions and its impact for you. Residential status criteria under section 6 There are three provisions announced, which you should take note of regarding Residential status. New provision for taxation introduced based upon residency status. […]
Warren Buffett’s annual letter to shareholders of Berkshire Hathaway provides deep insights into how he and his partner Charlie Munger are thinking about investments. His net worth is USD 91 billion (about Rs 6,50,000 crore). 99% of his net worth is invested in a single stock. At the age of 89, he doesn’t want to […]
This one is for all you yogis, meditators, and Buddhists out there. You want to achieve enlightenment? The key is not in down dogs and green smoothies. The key is budgeting. I know that sounds crazy. But take it from Thich Nhat Hanh, “budgeting leads to enlightenment.” I’m just kidding, Thich Nhan Hanh didn’t say […]