Wise Investing

  What is tax loss harvesting? Tax-loss harvesting is a practice of selling a security that has incurred a loss to help investors reduce or offset taxes on any capital gains income subject to taxation. This practice is accomplished by harvesting the loss. Example scenario 1.     If an individual earns ₹1 lakh in Short-Term Capital Gains (STCG) this year, they must pay 15% of this amount as taxes, which amounts to ₹15,000. 2.     Additionally, if the individual holds stocks with an unrealized loss of ₹60,000, they can sell these stocks to reduce their net STCG to ₹40,000. This would require paying 15% of ₹40,000, which amounts to ₹6,000 in taxes, resulting in a tax savings of ₹9,000. 3.     This process of selling stocks to harvest losses and save on taxes is known as tax-loss harvesting. While there is no explicit regulation in India that disallows tax loss harvesting, in the US, if stocks are sold and bought back withi...

Hello friends let’s understand what’s happening in paint industry   Do you know how much Cow Dung Paint is expected to sell in India in a year?... Rs 6000 crores worth! Well, the Indian paints market size is estimated to be around USD 9.6 Bn in 2024, where Akzo Nobel (Dulux), Asian Paints and Berger are the top players. Out of this, the government is aiming to replace 7.5% of the market with cow dung paint! It's said to be anti-bacterial, anti-fungal, odorless and toxin free. In an attempt to make paints eco-friendly while also generating extra income for farmers, the Govt has launched Prakritik Paint under the brand and banner of KVIC's Khadi. It's main ingredient is cow dung, which is dried, crushed into fine powder, bleached and mixed with pigments, thickeners and binding agents... and the main raw material is available for free / cheap if sourced right in rural areas. In fact, KVIC has agreed to pay Rs 5 for a kilo of cow dung... and an average cow gives 25 kgs of dung ...

  KILL FOMO How to control risk physiology? Rule 1: Always Use a Trading Plan A trading plan is a set of rules that specifies a trader's entry, exit, and  money management criteria for every trade.   With today's technology, test a trading idea before risking real money. Known as back  testing this  practice allows you to apply your trading idea using historical data and determine if it is viable. Once a plan has been developed and back testing shows good results, the plan can be used in real trading. The key here is to stick to the plan. Taking trades outside of the trading plan, even if they turn out to be winners, is considered poor strategy.   Rule 2: Treat Trading Like a Business To be successful, you must approach trading as a full or part-time business, not as a hobby or a job. If it's approached as a hobby, there is no real commitment to learning. If it's a job, it can be frustrating because there is no regular paycheck. Trading is...

 Hellow friends lets understand. very interesting subject to find difference between these two factors.   In practical life, arithmetic principles and geometric principles have different uses. Take a look at their difference: ·          Arithmetic Following are the practical-life uses of arithmetic: 1.     Managing Time People must manage time to perform multiple tasks in a day and make the day purposeful. Knowledge of arithmetic helps to set a justifiable deadline and complete tasks within the given time. Moreover, it is also essential for creating day-to-day timetables. These tasks help to manage time wisely. 2.     Budgeting Everybody leads their life with a limited amount of money. However, a budget is required to keep the expenses in check and save for the future. Arithmetic operations help to calculate the expenses in sectors of life and make savings. 3.     Exercising...