Knowing when to sell a winning stock is one of the most difficult decisions you’ll have to make as a stock trader. After all, buying a stock is only the first step in your investing journey, and you want to make sure you’re maximizing your returns and making smart investment decisions. When you’re a successfulContinue reading “WHEN TO SELL YOUR BLACKHORSE TO MAKE MORE WHITE MONEY…..”
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Equity linked savings scheme under section 80c of the income tax act.
Equity-Linked Saving Scheme (ELSS) is a type of mutual fund that is eligible for tax deductions under Section 80C of the Income Tax Act in India. These funds invest primarily in equity shares of companies, and have a lock-in period of 3 years. This means that an investor cannot withdraw their investment before the completionContinue reading “Equity linked savings scheme under section 80c of the income tax act.”
How to save taxes on salary income in india ?
“Save Tax on Salary” There are several ways to save taxes on salary income in India, including: Investing in tax-saving investments such as Public Provident Fund (PPF), National Savings Certificate (NSC), and Equity-Linked Savings Scheme (ELSS) under Section 80C of the Income Tax Act. Claiming deductions for medical expenses, education loan interest, and rent paidContinue reading “How to save taxes on salary income in india ?”
Understanding communism and capitalism…
Communism says “FROM EACH ACCORDING TO HIS ABILITY, TO EACH ACCORDING TO HIS NEEDS” where as capitalism believes “FROM EACH ACCORDING TO HIS ABILITY, TO EACH ACCORDING TO HIS CAPITAL”. Capitalism believes MONEY MAKES MONEY. An employee works in a company for a monthly salary and the profit earned by the company will be distributedContinue reading “Understanding communism and capitalism…”
Understanding FNO…
I will answer it in simple words.. NIFTY JUL 9700 CE : Once you see this, you won’t understand at first.but it’s simple. Assume nifty index spot price (current price) is 9500 and you think that price will reach above 9700 before jul expiry(it is the last Thursday of every month). You can buy aboveContinue reading “Understanding FNO…”
WHAT IS BANK ?
“A BANK IS A PLACE WHERE THEY LEND YOU AN UMBRELLA IN FAIR WEATHER AND ASK FOR IT BACK WHEN IT BEGINS TO RAIN.”
MIND GAME
Our minds are attuned to calculate simple interest,however, investments and relationships both work on the principle of compounding. 15% return for 30 years is not 450% but 6500% (65 times).Our mind is designed for linear processing and not exponential processing.
One Up On Wall Street
One of my favorite lines from the first ever book I read on investing (One up on Wall street) “Selling your winners and holding your losers is like cutting the flowers and watering the weeds” -Peter Lynch
Wise words
It’s better to rest than climbing the wrong mountain. Don’t be a victim of FOMO ( fear of missing out ). Never let your emotions overpowered your intelligence. Always be reasonable and practical specially in the world of finance and accounting marketing, economic.
Investing in US Stock Market
Wanna diversify portfolio and add stocks from NASDAQ , S&P 500 , dow jones , NYSE ? Ways to invest in US stock market:- 1. Fund of fund ( FOF )Eg – DSP US flexible equity fund2. Exchange traded fund ( ETF)Eg – Motilal Oswal NASDAQ 100 3. Feeder fundEg – Invesco india feeder InvescoContinue reading “Investing in US Stock Market”
