Newspapers, television channels and corporate houses have dissected the performance of the Modi government after 100 days and given the government a thumbs-up. The stock markets too have shown their approval by touching new highs.
For many, buying gold jewellery or coins a few months before the festival season is almost a norm. This helps when gold prices rise during the festival days, as the yellow metal or jewellery is priced lower due to the lock-in.
A look at the Forbes lists of very rich people tells us very few reach the absolute top of the wealth ladder purely by investing, although the stock market usually plays a large part in the mega-rich success stories. Investment experts manage money.
Indexation is the process that takes into account inflation from the time you bought the asset to the time you sell it. The way it works is that it allows you to inflate the purchase price of the asset to take into account the impact of inflation.
Many investors are asking for ways to lower their tax liability on redemption from debt mutual funds, says Anutosh Bose, chief operating officer at LIC Nomura Mutual Fund. He advises making use of the systematic withdrawal plan (SWP).