Tax Free Bonds — Should you?

As I write this, one tax free bond issue has just closed — oversubscribed 10 times — and another one is scheduled to open in a week. As you read this, others may have opened (and closed) or been announced. The government has plans (and authority from Parliament) to...

Debt in the time of MoJa

(At the outset, apologies for all the acronyms in this article but they’re so much simpler to keep typing than their long-winded full forms.)  What happened? The recent Budget 2014 in the space of a few words wrought much havoc in the arena of investing in debt...

FMPs – For Most People

We’re looking at Stage 3 investor options – when you need to live off the returns from your investment corpus. Paramount imperatives are Safety, Return, Predictability and Tax-effectiveness; and then there’s a nice-to-have Liquidity consideration. A...

Fixed Deposits – Why, Why Not

A Stage 3 investor – one who needs income from her portfolio – needs to meet the three primary criteria of safeguarding capital, providing a predictable income flow and being tax-efficient, together with the added advantage of providing liquidity in an...

Investing for Stage 3

Over the next few articles, letls look at the needs of a specific type of investor – a Stage 3 one. The 3 stages of investing In an individual’s investing life cycle there are said to be 3 stages: Stage 1 is when you’re making investing a habit – arguably...