CA Puneet Agarwal
9.8K posts
@banyanfa
Investments | Tax | Insurances Ex KPMG / Deutsche Bank London / Prudential https://t.co/zzZbvDfBDL Contact Via https://t.co/s7I1tDojm0
Guess what disappeared from indian fintwit. Invest 15000 per month for 15 years at 15% to get 1 crore
Japanese market is now down by 4%. South Korea is down by 5%. India would open at 9.15 am. No one knows where war or economy or markets are headed. Looks like markets would cause us lot of pain. We've no option but to grit the teeth and with stand the pain. No words of comfort is possible now as we don't know where things are heading. Those who don't invest in stocks but only mutual funds are better off not seeing the portfolio for some more time to come. It would be emotionally very painful.
Your losses can legally reduce your tax bill. Here's how it works before March 31 👇 🔹 F&O loss? Set it off vs. capital gains + interest income 🔹 Short-term capital loss? Works against BOTH STCL & LTCG 🔹 Indian losses vs. global gains? Yes, cross-adjustment is allowed 🔹 Unused losses? Carry forward up to 8 years if ITR is filed on time Most investors miss this every single year. 📌 RT to help a fellow investor save money this FY. Follow for more no-fluff finance content → @thefynprint
PPFAS investor every alternative day - i hope fund manager used cash - i hope fund manager didn't use cash
A small lesson, your fav multicap may have given fantabulous returns on the upside but can you hold it when it sends you 20% down? if yes, good !! if no, choose a lesser volatile product with in equity. fund returns is not equal to investor's return.
Sensex is now down 1300 points ! market is selling off rapidly due to the escalation of the Iran conflict What do we do as investors ? for now just wait and watch you dont buy , you dont sell , you dont panic you ride the volatility the most imp thing to remember is that market volatility is a feature, its not a bug its a part of the game avoid selling in panic, its the biggest mistake you will make If you go back to just one instance of the Russia Ukraine war in feb 2022, it was the biggest war in Europe since world war 2 the nifty fell to 17000 then and today its 25000 , its a 40% rise since then im not saying same thing will repeat but history has taught us that wars trigger short term market volatility due to uncertainty, panic selling, and surging inflation, but they rarely cause long-term, structural damage to markets. thoughts ?
What happened to AI driven digital model. Why do u need MF distributors? Any business involves managing people n emotions. Everything can’t be done by chat boxes Future is hybrid & effective use of AI. Not Man vs AI Lot of cos like Anthropic will realise this the hard way!
The management is firing 1000 employees, 25% of workforce, due to implementation of AI. Be ready for more such news in the weeks and months to come. And definitely it would keep many anxious. AI would definitely open up new opportunities and employment. But it won't happen in a predictable pattern. Changes are always chaotic and painful. The unfortunate truth is those who get new opportunities need not be the ones who gets fired from their current jobs. Don't go for new debts. Try to increase your emergency fund so that you've time to plan for transition.
