Archive for February, 2009
Recession And Depression: They Aren’t So Bad
February 11th, 2009
Mukesh DedhiaRecessions and depressions have occurred many times throughout history. To many, they bring fear and uncertainty, but they are actually a natural part of the economic cycle. Unfortunately, there are a lot of myths surrounding market cycles, but in order understand them, we must look beyond these myths. In this article, we’ll examine recession and depression, how they work and what they really mean for investors.
Mutual fund article in Times of India (09.02.2009).
February 10th, 2009
Mukesh DedhiaMFs avoid tax saving schemes
Severe Underperformance Takes Toll despite Long-Term Potential
Mumbai: The last minute scramble to save income tax is on. However, this time around people seem to be more concerned about protecting of their capital and assured returns, says investment advisors. Among the class of investments permitted under section 80 C, equity linked savings scheme (ELSS, also know as tax saving schemes) from mutual fund (MF) seems to be the least favourite of individual investors.
Enhanced tax benefits for Health Insurance.
February 10th, 2009
Mukesh Dedhia
As the longevity of the average Indian goes up, health expenses of families would mount. That is why you can expect the role of health covers in our lives to increase. Most common health cover known is Mediclaim.
By just paying a small sum as premium on a mediclaim policy every year, one can claim reimbursement of expenses incurred for hospitalization. And when such premium also carries tax benefits, then there is no reason to wait for anything better….
WHAT IS FINANCE FOR?
February 9th, 2009
adminThe global financial crisis has been providing economist with an opportunity to present the old basics of finance as new insights. Non-economists often seem to misunderstand the functions of financial markets- the current mess reinforces a prior view that finance is just a complex way of stealing people’s money.
What is finance really about?