Sorry for not posting anything for a very long time. Truly I was really busy with my office work.
Hope to get sometime to devote here :-)
Budget is out and congrats everyone who has benefited from the tax exemptions. People in IT industry gearing up for lower salary hikes can get a little cushion from this exemption.
Short Term Capital gains tax has increased from 10 to 15%. Hope this helps in people investing for a longer time to avoid this tax.
But I doubt this will happen because of human tendency of earning faster without patience.
In current scenario that might happen because people are just holding on to recover their losses and not sell stocks at loss.
Most of you would have done your tax savings for this year.
Markets are volatile for past 1 month and half. Instead of avoiding the stock market completely people should continue investing in smaller amount and build a good portfolio for 2-3 years time frame.
Lot of stocks are available at attractive valuations.
Do you homework and be on track of your financial planning.
Happy Investing :-)
Saturday, March 1, 2008
After long time
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buddy since the jan fall, we are not seein ny articles frm u...
do we wait for a bull run to c u again??
Ashish,
You will keep seeing articles whenever I have something good to write...
You are right...I was away for sometime due to personal reasons...it just got coincided during the bear phase.
I thought you will contribute something in the mean time....but u didn't [:)]
10 to 15% is huge increase.
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