Almost all salaried people in the organised sector get a house rent allowance, which is roughly 50% of the basic salary. An individual living in a rented accommodation can claim exemption for the rent paid, but this exemption is subject to certain conditions. The exemption is the lowest of the following three: 50% of basic …
Many of the decisions we take are based on our experiences with the past. From daily decisions to one-off decisions, most of the time we reflect on the past before we finalize something. As an example, when we go out for dinner, we decide whether to go based on the quality of the food last …
Is Past performance enough to predict future performance of a Mutual Fund? Read More »
All actively managed good funds go through temporary periods of underperformance. In most cases, this temporary underperformance phase is followed by a phase of outperformance which adequately overcompensates for the underperformance. This is how good equity funds end up outperforming over the long term. But that being said there are also weak funds that go through …
Pandemic and recovery hereon Over the past few decades, the world has seen recessions, wars, and natural calamities; yet, a pandemic of the magnitude that we are witnessing today perhaps only happens once a century. Yet, to say that this event was a Black Swan, an “unknown unknown”, something we didn’t know that we don’t …
To err is human but to blunder is devilish. We make mistakes all the time, whether it is our professional life or personal life. However, these mistakes help us make the right decisions as we learn from them! Spending before investing There is a popular notion that we should save the money that is surplus. …
Top Five Financial Mistakes that an investor may do anytime Read More »