Capital gain – Kat Masters http://katmasters.com/ Sat, 08 Jan 2022 10:20:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://katmasters.com/wp-content/uploads/2021/06/icon-2021-06-25T173039.237-150x150.png Capital gain – Kat Masters http://katmasters.com/ 32 32 Glovo loses macro-trial for 329 bogus self-employed workers in Zaragoza – CVBJ https://katmasters.com/glovo-loses-macro-trial-for-329-bogus-self-employed-workers-in-zaragoza-cvbj/ Sat, 08 Jan 2022 10:12:32 +0000 https://katmasters.com/glovo-loses-macro-trial-for-329-bogus-self-employed-workers-in-zaragoza-cvbj/ 08/01/2022 at 10:45 am CET J. Heras / F. Valera New legal setback for digital home food delivery platforms. The Social Court number 5 of Zaragoza ruled against the company Glovo and in favor of the Social Security by ratifying that 329 delivery men with the yellow backpack acted like bogus independents, since they have […]]]>

08/01/2022 at 10:45 am CET

J. Heras / F. Valera

New legal setback for digital home food delivery platforms. The Social Court number 5 of Zaragoza ruled against the company Glovo and in favor of the Social Security by ratifying that 329 delivery men with the yellow backpack acted like bogus independents, since they have developed an employee activity. This is the second collective conviction pronounced in Aragon which recognizes the number of runners – the first was lost by Deliveroo – and represents a new blow to the model of home delivery platforms, following the doctrine established by the Court of Cassation in September 2020, which gave the final slit towards the model the workforce and activity of these operators.

The case tried in the Aragonese capital, which meant for the Social Security a loss close to 400,000 euros, finds its origin in the act of infringement noted in 2018 by the Labor and Social Security Inspectorate against Glovo, whose action was revealed in its time by this newspaper. The trial was originally scheduled to take place on September 30, 2019, but several times. First because of a company resource and later because of the pandemic. The hearing finally took place on February 12, 2021, so the court decision took ten months to arrive.

Case by case

The sentence, to which this newspaper had access, It has 50 pages and half of them are devoted to the case-by-case examination of delivery people.. In this sense, it is detailed that Glovo took 30% of the invoice paid by the customer and that between five and six euros out of 100 corresponded to the concessionaire, which shows that the company obtained a “gain or a profit ”and that the amount I received from the stores was more than the amount paid to the delivery people.

The main argument put forward by the judge is that the platform, on which workers, customers and establishments meet, is “decisive for the provision of the service”. However, the first “they did not intervene in the organization of the process nor did they participate in the structure organizational nor in the directive which selected and negotiated the conditions “with the companies.

The court considers that Glovo has “two forms of control” of the riders, such as geolocation and the allocation of distributions via an algorithm which forces the dealer not to choose. In this way, it monitors the whole process and also the workers.

“The judge asserts the presumption of certainty of the administration and Glovo could not demonstrate that the result of the investigation is not true”, according to judicial sources of Social Security. Another important point of the sentence is that no risk taking from the distributors ”, they stressed.

Strangeness and dependence

The judgment also confirms that the conditions of the workers analyzed comply with the elements of alienation and dependence, the two fundamental concepts for determining if a worker is employed, as indicated in article 1.1 of the workers’ statute. As expected, Glovo will appeal the decision to the Superior Court of Justice of Aragon (TSJA), as it has done with other similar sentences, but a priori there is no cancellation margin after the criteria set on runners by the Supreme Court.

The labor authority also sanctioned Deliveroo in Zaragoza for its work model, a case that also reached the courts, which also ended up agreeing with the public body. First, it was Social Court number 2 which determined, in spring 2020, that 55 distributors of this platform were bogus self-employed, which implied the payment of more than 35,000 euros to Social Security for contributions in pain. In April of last year, the TSJA ratified this statement.

Meanwhile, in August 2021 began the so-called Horsemen Act, which forces you to hire delivery people and he tries to put an end to the workers model for how many others that had been applied.


Source link

]]>
Bank of Montreal (TSE: BMO) according to the average “Buy” rating assigned by analysts https://katmasters.com/bank-of-montreal-tse-bmo-according-to-the-average-buy-rating-assigned-by-analysts/ Thu, 06 Jan 2022 09:32:06 +0000 https://katmasters.com/bank-of-montreal-tse-bmo-according-to-the-average-buy-rating-assigned-by-analysts/ The Bank of Montreal (TSE: BMO) (NYSE: BMO) has been given an average rating of “Buy” by the sixteen research companies that currently cover the company, reports MarketBeat. Six analysts rated the stock with a conservation rating and nine issued a buy rating on the company. The twelve-month average price target among brokers who hedged […]]]>

The Bank of Montreal (TSE: BMO) (NYSE: BMO) has been given an average rating of “Buy” by the sixteen research companies that currently cover the company, reports MarketBeat. Six analysts rated the stock with a conservation rating and nine issued a buy rating on the company. The twelve-month average price target among brokers who hedged the security in the past year is C $ 147.81.

Several research analysts recently published reports on the company. BMO Capital Markets raised its target price on Bank of Montreal to C $ 162.00 and assigned the stock a “hold” rating in a research report on Tuesday, December 21. Basic Research raised its price target on the Bank of Montreal from C $ 134.29 to C $ 143.30 and gave the company a “buy” rating in a research report on Tuesday, December 7. TD Securities raised its price target on Bank of Montreal from C $ 150.00 to C $ 155.00 and assigned the company a “buy” rating in a research report on Monday, December 6. Veritas Investment Research reaffirmed a “buy” rating on Bank of Montreal shares in a research report on Tuesday, December 21. Finally, the Royal Bank of Canada upgraded the Bank of Montreal from a “sector performance” rating to an “outperformance” rating and raised its price target for the company from Cdn $ 154.00 to 160.00. $ CA in a research report on Monday, December 27.

Shares of TSE: BMO opened at C $ 139.97 on Thursday. The Bank of Montreal has a 52-week low at C $ 94.90 and a 52-week high at C $ 142.36. The company has a market capitalization of 90.74 billion Canadian dollars and a P / E ratio of 12.09. The stock has a 50-day moving average price of C $ 137.15 and a 200-day moving average price of C $ 130.71.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 28. Shareholders of record on Tuesday, February 1 will receive a dividend of $ 1.33. This is an increase from the Bank of Montreal’s previous quarterly dividend of $ 1.06. This represents a dividend of $ 5.32 on an annualized basis and a dividend yield of 3.80%. The ex-dividend date for this dividend is Monday January 31. Bank of Montreal’s dividend payout ratio (DPR) is 45.94%.

(A d)

People have done it with Amazon, Uber, Apple, and many other disruptive actions.

And now investors are betting big on a biotech company behind a shocking breakthrough medical discovery …

Bank of Montreal Company Profile

Bank of Montreal offers diversified financial services primarily in North America. The Company’s personal banking products and services include chequing and savings accounts, credit cards, mortgages, and financial and investment advisory services; and commercial banking products and services include business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialty banking programs, solutions cash and payment and risk management products for small business and commercial banking customers.

Further reading: When is a capital gain realized?

Analyst Recommendations for Bank of Montreal (TSE: BMO)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Bank of Montreal right now?

Before you consider Bank of Montreal, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the market in general expands … and Bank of Montreal was not on the list.

Although the Bank of Montreal currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here


Source link

]]>
Your ideal portfolio 2022 | Investor place https://katmasters.com/your-ideal-portfolio-2022-investor-place/ Tue, 04 Jan 2022 01:52:58 +0000 https://katmasters.com/your-ideal-portfolio-2022-investor-place/ How to design the right investment plan… specific actions to take today… prepare for whatever the market brings Happy 2022, great coward! In fact, this only concerns 43% of you. The rest of you are amazing. Let me provide a brief background before canceling your Digest subscription… Research shows that 43% of people expect to […]]]>

How to design the right investment plan… specific actions to take today… prepare for whatever the market brings

Happy 2022, great coward!

In fact, this only concerns 43% of you. The rest of you are amazing.

Let me provide a brief background before canceling your Digest subscription…

Research shows that 43% of people expect to give up on their New Year’s resolutions this year. In fact, this 43% rate of “quits” should start by February.

Not too encouraging.

I guess the results are just as bad, if not worse, when it comes to New Years investment resolutions. And that is if such resolutions are made in the first place.

Why are most investment resolutions particularly flawed?

Well, one of the main reasons is that most of the goals associated with an investment resolution are binary.

“Did I beat the market? “

“Did I earn 15% on my portfolio?” “

“Did my investments generate enough cash to cover the down payment on the new home? “

These are all reasonable goals, but they focus exclusively on the outcome rather than a process – the “reward” rather than the “playbook”.

The truth? The only thing we can control is the process.

Think about it. A myriad of influences will impact your feedback in 2022 …

Inflation, rising interest rates, the evolution of the pandemic, speed of resolution of supply chain problems, technological advances, new legislation, geopolitical conflicts, the list goes on and on …

We have no control over these factors, so why not forget about all the absolute ‘I’m going to do X’ type resolutions and instead focus on what you want. can control, which is a well-executed process?

With that in mind, on this first trading day of 2022, let’s turn our attention to developing an investment plan.

Even if you are only moderately successful in implementing it this year, chances are it will still be of great help to your portfolio in 2022.

Let’s go.

*** Create the perfect wallet for you

Step 1: Open your calendar and choose a day / time when you can devote 100% of your attention to your wallet. Say 30-60 minutes. But if you have more time, wonderful.

2nd step: Before logging in and viewing your existing portfolio, stop. Think about the investments that would go into a “perfect” portfolio today, in the future.

For this step, what you currently own is irrelevant. This is a mental exercise to help you identify a “best of” portfolio based on your goals and investment needs.

Thinking about this, ask yourself …

What is the main purpose of the portfolio? Capital growth? Income? A mix? Why? Over what period of time? Is it a defensive focus or are you looking to grow aggressively? How much volatility can you handle?

Then refine.

Taking into account the objectives that you have just identified as well as your answers to the aforementioned questions, which asset classes should appear in this portfolio? From which world markets? What trends do you want to represent? In what attributions? What else? What other considerations should be taken into account in that perfect wallet?

Continue to be more granular …

Within each of the asset classes, markets or trends that you have chosen, which securities and / or other investments offer you, in your opinion, the best exposure?

This process can be as simple or as detailed as you want and tailored to your unique situation.

For example, suppose you typically entrust your stock selection to experts; you have a few choices from our stable of analysts – stocks of Louis Navellier, Eric Fry and Luke Lango; the trades of John Jagerson and Wade Hansen; Luke and Charlie Shrem’s altcoins; and the private investments of Cody Shirk.

In this situation, you might want to consider how much weight you want to give to the choices of each analyst as part of your overall portfolio.

Whatever you think is appropriate for your financial situation and specific goals, write it down.

Whether you are rating specific stocks or allocations to specific analysts’ choices, it can be very helpful to detail Why you’ve made that choice, which will tie it into your overall portfolio goal.

For example, “I will be weighting 10% of my overall portfolio in Eric Fry’s commodities, as this will provide diversification against the largest equity component in my portfolio, while also giving me exposure to massive trends. like electric vehicles and new generation batteries. “

Basically, document the reason for all of your choices and how they support your primary investment goal.

Step 3: Be realistic about your desire to swing for the fences.

We almost all fantasize about throwing a few dollars on, say, a penny stock, and seeing it explode in value eight months later. We now drive a new Porsche, or take a vacation in Europe, or put the kids in an elite private school, whatever your fantasy …

So, let’s be realistic about this.

Choose a percentage of your investable assets that you are willing to gamble with. The amount should not be more than what you could lose completely without affecting your sleep. Whether it’s 0.05%, 1%, or 15%, be honest with yourself.

It is often helpful to turn your chosen percentage into an actual dollar amount depending on the size of your portfolio. Then image burn that money.

Are you still comfortable? If so, great. Otherwise, reduce your percentage of play.

Step 4: It’s time to bring your existing portfolio into the mix.

Line up your current wallet next to the “perfect” wallet you just created.

Note the deviations.

Is there a stock in your existing portfolio that you wouldn’t include today with new money? He gets the ax.

Do you have 95% of your stock in US-centric companies when you want it to be only 65%? You need to do a bit of trimming.

No exposure to 5G stocks in your current portfolio but want some? It’s time to buy.

“But wait!” you say. “It’s not that easy. I have significant capital gains on some of my current stocks that I would sell otherwise” (or you have another reason to avoid changing your portfolio).

Well, there are always complications. But if so, at least identify when and how you’re going to make the necessary change – whatever it is.

Consider why …

Allowing an underperforming investment to stay in your portfolio year after year to avoid paying premium comes at a huge opportunity cost. Yes, you will suffer the short term pain of a tax impact on a capital gain, but think about the negative possibilities …

What if this investment suffers a big disappointment in terms of profits?

The stocks are plunging, and your unrealized paper loss is far greater than the actual loss you would have suffered if you had just sold it and paid taxes.

On the other hand, if it isn’t performing badly, but is just trading sideways, think about what that capital could pay you in for a much stronger investment. Even a 1.5% money market fund would be a better use of your capital than a stock that isn’t going anywhere (or going down).

So if you have a reason why you don’t want to sell an inherited asset, fine. But at least be intellectually honest with yourself about why you won’t sell, recognizing the opportunity cost.

And remember, you don’t have to sell a bad heirloom all at once. Maybe you’d better support it if you sold it in pieces. Be creative on how you might solve the problem. Don’t let a toxic investment take its toll on your wallet unintentionally.

Step 5: At this point, write down your entire investment plan.

It can be as detailed as you want. But in general, it will have the following characteristics:

  • Your overall portfolio goal. Growth? Income? A mix?
  • Your current holdings
  • Your desired ‘perfect’ holdings (and an awareness of how each of those individual holdings will support your overall portfolio goal)
  • The strategy you will use to move from your current wallet to your new perfect wallet (including the reality of taxes and so on)
  • Your plan to get rid of your gambling itch – will you let those investments reach $ 0 if necessary? Or will you sell with a stop-loss? And the benefits? Will you sell when you reach “x%” or will you let it roll? Think about these scenarios
  • The future date on which you will rebalance and / or revalue your overall portfolio
  • The criteria by which you will remove an asset from your portfolio. (Has it hit a stop-loss? Has it quadrupled and you are taking profit? Has your reason for owning it changed? And so on…)
  • How you will use the new money to add to your wallet. For example, will you increase the size of each of your existing stocks? Or will you add more only to stocks that are falling, trading at lower valuations? Or will the new money be used to buy brand new stocks that you find in the coming year?

Your investment plan can obviously be much more granular, but if you do just that it will give you a leg up on 99% of other investors.

I hope 2022 is great for you and your family. And one way to make it “financially” fantastic is to create your own investment plan – today.

Good evening and good 2022,

Jeff Remsbourg


Source link

]]>
Up 49,000,000% in 2021: Is Shiba Inu still a buy? https://katmasters.com/up-49000000-in-2021-is-shiba-inu-still-a-buy/ Sat, 01 Jan 2022 10:51:00 +0000 https://katmasters.com/up-49000000-in-2021-is-shiba-inu-still-a-buy/ Llast year, the very followed S&P 500 has more than doubled its average annual total return over the past 40 years and hit nearly six dozen closing records. And yet, the stock market has always taken precedence over the outperformance of cryptocurrencies. As of the very early morning hours of December 29, the aggregate value […]]]>

Llast year, the very followed S&P 500 has more than doubled its average annual total return over the past 40 years and hit nearly six dozen closing records. And yet, the stock market has always taken precedence over the outperformance of cryptocurrencies.

As of the very early morning hours of December 29, the aggregate value of all cryptocurrencies was $ 2.26 trillion. In one year, the crypto market has almost tripled in value. Although the usual suspects, Bitcoin and Ethereum, were responsible for much of that increase – they account for about 60% of the value of $ 2.26 trillion – one coin stood head and shoulders above all the others: Shiba inu (CRYPTO: SHIB).

The Shiba Inu-themed plays brought some life-changing gains in 2021. Image source: Getty Images.

Shiba Inu’s 2021 was historic

While the cryptocurrency space has already generated breathtaking short-term gains, we’ve never seen anything like the coin that Shiba Inu produced in 2021.

According to CoinMarketCap.com, investors were given the option to buy SHIB for $ 0.0000000073 per token at midnight on January 1, 2021. Over the next 12 months, SHIB ate six zeros and was getting closer to $ 0.000036, as of December 29. All in all, we’re talking about a one-year gain of about 49,000,000%!

To put it in perspective, if someone bought $ 2.05 from SHIB at midnight on January 1, 2021, and we assume there were no transaction fees, they would be a millionaire at their current price per token. In comparison, it’s exceptionally rare to see annual gains above 10,000% in the stock market, and just as rare as cryptocurrencies offer seven-digit annual returns. I remember the privacy room Edge pulled off this feat in 2017 (a gain of nearly 1,200,000%), but hasn’t seen any major coins come close since.

How, exactly, does an asset appreciate 49,000,000% in one year? Let’s take a closer look.

Two divergent maps leading to a digital rocket ready for launch.

Image source: Getty Images.

Dissect the moonstroke at 49,000,000% SHIB

The most obvious reason why Shiba Inu proved unstoppable for most of 2021 was its increased visibility. As the SHIB rose through the ranks in popularity and market capitalization, more and more crypto exchanges welcomed it for listing. Having more exchanges to trade SHIB has meant improved liquidity and a large holder base. According to Etherscan, Shiba Inu has 1.1 million individual holders.

The launch of the decentralized exchange ShibaSwap in July was also a key catalyst. In addition to improving the liquidity of a previously illiquid token, ShibaSwap offers SHIB holders the opportunity to wager their coins and earn passive income. The point is, ShibaSwap has encouraged investors to hold onto their SHIB for a considerably longer period of time.

Enthusiasts are also excited about SHIB’s real-world adoption examples. cinema chain AMC Entertainment plans to roll out the Shiba Inu coin as an accepted form of online payment in the first quarter, while the tech-focused online retailer Egg trade gave the green light to SHIB in December.

To add to this point, there is excitement surrounding the planned launch of the Shibarium Layer 2 blockchain project in 2022, as well as the ongoing development of non-fungible token (NFT) -based games.

Additionally, no story about Shiba Inu’s success would be complete without hinting at Fear of Missing Out (FOMO). After watching Bitcoin skyrocket to 8,000,000,000% in 11 years, crypto investors aren’t afraid digital currencies are hitting an unforeseen ceiling. These inelastic buying habits were essential in removing six zeros from its token price.

Silver dice indicating buy and sell are thrown on a digital screen displaying cryptographic charts.

Image source: Getty Images.

The $ 64,000 question: Is Shiba Inu still a buy?

But the most relevant question after gaining 49,000,000% in one year has to be: Is Shiba Inu still worth buying? The answer, quite clearly, is no.

While patient investors have been rewarded with life-changing earnings, there are three very good reasons why Shiba Inu should be actively avoided in 2022 (and beyond).

The main reason investors need to keep their distance is Shiba Inu’s lack of competitive advantages and differentiation.

According to CoinMarketCap.com, over 16,100 digital currencies are now listed, with hundreds of new coins debuting every week. Standing out in the crypto space is getting more and more difficult. Shiba Inu is currently nothing more than an ERC-20 token built on the Ethereum blockchain. It is subject to the same transaction lag and high fees that continually plague the popular Ethereum network. In other words, other payment coin projects continually outperform Shiba Inu and provide little reason for merchants to accept SHIB as a payment method.

This leads to the second reason to avoid Shiba Inu in 2022: a lack of real-world utility. In a sense, you could say that the utility of SHIB has skyrocketed last year; but you would expect it when only a few dozen merchants will gladly accept your coin. The Cryptwerk online business directory shows that only 395 global merchants accept SHIB as a payment method. Additionally, 44 of those 395 traders are nothing more than cryptocurrency exchanges. This means that 350 of the most obscure online businesses in a world of over 500 million entrepreneurs accept SHIB as a form of payment. That’s a fraction of a fraction, and certainly not a $ 20 billion market value.

History provides the third reason why Shiba Inu is such a terrible investment in 2022. Virtually all of the payout coins that gained 24,000% or more in a short period of time lost between 93% and 99% in the 12 to 26 years. months after their peak. Shiba Inu has already fallen 60% from its October 27 intra-day high, and history suggests it still has a long way to go after gaining 49,000,000% in just 12 months.

10 actions we like better than Shiba Inu
When our award-winning team of analysts have stock advice, it can pay off to listen. After all, the newsletter they’ve been running for over a decade, Motley Fool Equity Advisor, has tripled the market. *

They just revealed what they think are the ten best stocks investors can buy right now … and Shiba Inu was not one of them! That’s right – they think these 10 stocks are even better buys.

See the 10 actions

* Returns of the portfolio advisor as of December 16, 2021

Sean Williams has no position in the stocks mentioned. The Motley Fool owns and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


Source link

]]>
Ten Nuveen Closed-End Funds Announce Availability of 19 (a) Notices https://katmasters.com/ten-nuveen-closed-end-funds-announce-availability-of-19-a-notices/ Thu, 30 Dec 2021 21:51:35 +0000 https://katmasters.com/ten-nuveen-closed-end-funds-announce-availability-of-19-a-notices/ News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. NEW YORK – (BUSINESS WIRE) – Distribution notices 19 (a) for ten Nuveen closed-end funds are now available. These information notices provide further details on the sources of the funds’ regular monthly or […]]]>

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here.


NEW YORK – (BUSINESS WIRE) – Distribution notices 19 (a) for ten Nuveen closed-end funds are now available. These information notices provide further details on the sources of the funds’ regular monthly or quarterly distributions and follow the most recent monthly and quarterly distribution announcements. The full text of these notices is available below or on Nuveen’s website via Distribution Source Estimates.

Important Information Regarding Distributions

December 30, 2021: THIS NOTICE IS FOR INFORMATION ONLY. NO ACTION IS REQUIRED ON YOUR PART. If you would like to receive this notice and other shareholder information electronically, please visit www.investordelivery.com if you are receiving distributions and statements from your financial advisor or brokerage account. An electronic copy of this notice is also posted under the Distribution Notices at www.nuveen.com/cef.

This notice provides information to shareholders regarding fund distributions, as required by applicable securities laws. You should not draw any conclusions about the performance of the Fund’s investments from the amount of this distribution or the terms of the Fund’s managed distribution policy.

The following table provides estimates of the Fund’s distribution sources, reflecting cumulative experience from the start of the year to the end of the month prior to the last distribution. The Funds allocate these estimates equally to each regular distribution throughout the year. Therefore, the information estimated at the end of the specified month shown below is for the current distribution and also represents an updated estimate for all previous months of the year. It is estimated that some funds have distributed more than their income and net realized capital gains; therefore, a portion of the Distributions may be (and is shown below as being deemed to be) a return of capital. A return of capital may occur, for example, when some or all of the money you have invested in the Fund is returned to you. A return of capital distribution does not necessarily reflect the performance of the Fund’s investments and should not be confused with “return” or “income”.

The amounts and sources of distributions shown in this 19 (a) notice are estimates only and are not provided for tax reporting purposes. The actual amounts and the sources of the amounts for tax reporting purposes will depend on the Funds’ investment experience during the remainder of its fiscal year and may be subject to change depending on tax regulations. Each Fund will send a Form 1099-DIV for the calendar year which will tell you how to report these distributions for federal income tax purposes. More details on the distributions of each Fund and the basis for these estimates are available at www.nuveen.com/cef.

Data as of 11/30/2021

Current quarter

Fiscal year

Estimated percentages

Estimated sources of distribution

Estimated sources of distribution

of Breakdown 1

Per share

LT

ST

Back from

Per share

LT

ST

Back from

LT

ST

Back from

Distribution

NII

Earnings

Earnings

Capital city

Distribution

NII

Earnings

Earnings

Capital city

NII

Earnings

Earnings

Capital city

JRS (EF 12/31)

. 1900

0.0056

0.0595

0.1248

0.0000

0.7600

0.0225

0.2382

0.4994

0.0000

3.0%

31.3%

65.7%

0.0%

QQQX (EF 12/31)

.4485

0.0000

0.0586

0.0000

0.3899

1.7940

0.0000

0.2344

0.0000

1.5596

0.0%

13.1%

0.0%

86.9%

SPXX (EF 12/31)

.2450

0.0263

0.0000

0.0000

0.2187

0.9800

0.1054

0.0000

0.0000

0.8746

10.8%

0.0%

0.0%

89.2%

BXMX (FYE 12/31)

.2150

0.0110

0.1284

0.0000

0.0756

0.8600

0.0441

0.5134

0.0000

0.3025

5.1%

59.7%

0.0%

35.2%

DIAX (FYE 12/31)

.2730

0.0431

0.0301

0.0000

0.197

1.0920

0.1725

0.1205

0.0000

0.7990

15.8%

11.0%

0.0%

73.2%

JCE (EF 12/31)

.3040

0.0000

0.3040

0.0000

0.0000

1.2160

0.0000

1.2160

0.0000

0.0000

0.0%

100.0%

0.0%

0.0%

NMAI (EF 12/31)

.3500

0.0179

0.2549

0.0772

0.0000

0.3500

0.0179

0.2549

0.0772

0.0000

5.1%

72.8%

22.1%

0.0%

1 Net investment income (NII) is a projection to the end of the current calendar quarter using actual data up to the month end date shown above. The capital gains amounts are as of the date shown above. JRS owns REIT securities which attribute their distributions to a variety of sources including NII, capital gains and return. The estimated sources per share above include an allocation of NII based on the prior year’s awards which may differ from the actual final awards for the current year.

Data as of 11/30/2021

Current month

Fiscal year

Estimated percentages

Estimated sources of distribution

Estimated sources of distribution

of Breakdown 1

Per share

LT

ST

Back from

Per share

LT

ST

Back from

LT

ST

Back from

Distribution

NII

Earnings

Earnings

Capital city

Distribution

NII

Earnings

Earnings

Capital city

NII

Earnings

Earnings

Capital city

NDMO (EF 10/31)

.0765

0.0418

0.0000

0.0000

0.0347

0.0765

0.0418

0.0000

0.0000

0.0347

54.6%

0.0%

0.0%

45.4%

JRI (EF 12/31)

.0965

0.0749

0.0000

0.0000

0.0216

1.0615

0.8236

0.0000

0.0000

0.2379

77.6%

0.0%

0.0%

22.4%

NPCT (EF 12/31)

.1030

0.0397

0.0000

0.0047

0.0586

0.6180

0.2384

0.0000

0.0279

0.3517

38.6%

0.0%

4.5%

56.9%

Net investment income (NII) and capital gains amounts are as of the month end date shown above.

The following table provides information about distributions and total return over various time periods. This information is intended to help you better understand whether the returns for the periods specified were sufficient to meet the distributions.

Data as of 11/30/2021

Tax

annualized

Accumulation

Quarterly

YTD

5 years

Fiscal year

Fiscal year

Fiscal year

Creation

Dist

Dist

NAV

Return to NAV2

Dist rate on NAV1

Return on net asset value

Dist rate on NAV1

JRS (EF 12/31)

nov-2001

. 1900

.7600

12.32

10.34%

6.17%

34.48%

6.17%

QQQX (EF 12/31)

january-2007

.4485

1.7940

29.52

15.90%

6.08%

17.63%

6.08%

SPXX (EF 12/31)

Nov-2005

.2450

.9800

18.21

10.85%

5.38%

17.41%

5.38%

BXMX (FYE 12/31)

Oct-2004

.2150

.8600

15.07

9.19%

5.71%

14.50%

5.71%

DIAX (FYE 12/31)

Apr-2005

.2730

1.0920

17.47

8.11%

6.25%

9.83%

6.25%

JCE (EF 12/31)

march-2007

.3040

1.2160

16.86

13.67%

7.21%

21.34%

7.21%

NMAI (EF 12/31)

Nov-2021

.3500

.3500

19.51

-2.45%

1.79%

-2.45%

1.79%

1 As a percentage of the NAV 30/11/2021.

2 The 5-year NMAI return reflects the annualized return since the creation of the net asset value

Data as of 11/30/2021

Tax

annualized

Accumulation

Monthly

YTD

5 years

Fiscal year

Fiscal year

Fiscal year

Creation

Dist

Dist

NAV

Return to NAV2

Dist rate on NAV1

Return on net asset value

Dist rate on NAV1

NDMO (EF 10/31)

Aug-2020

.0765

.0765

15.83

10.10%

5.80%

1.96%

0.48%

JRI (EF 12/31)

Apr-2012

.0965

1.0615

16.50

5.84%

7.02%

10.95%

6.43%

NPCT (EF 12/31)

Apr-2021

.1030

.6180

19.65

1.32%

5.89%

1.32%

3.15%

1 As a percentage of the NAV 30/11/2021.

2 The 5-year NPCT and NDMO return figure reflects the annualized return since inception of the NAV

For more information, please visit the Nuveen CEF home page www.nuveen.com/closed-end-funds or contact:

Finance professionals

800-752-8700

Investors

800-257-8787

Media

media-inquiries@nuveen.com

About Nuveen

Nuveen, TIAA’s investment manager, offers a comprehensive suite of results-driven investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $ 1.2 trillion in assets under management as of September 30, 2021 and operations in 27 countries. Its investment specialists offer in-depth expertise across a full range of traditional and alternative investments across a wide range of vehicles and custom strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member of FINRA and SIPC.

The information contained on the Nuveen site is not part of this press release.

FORWARD-LOOKING STATEMENTS

Certain statements made in this press release are forward-looking statements. Actual future results or events may differ materially from those anticipated in forward-looking statements due to many factors. These include, but are not limited to:

  • market developments;

  • legal and regulatory developments; and

  • other additional risks and uncertainties.

Nuveen and the closed-end funds managed by Nuveen and its affiliates assume no responsibility to publicly update or revise any forward-looking statements.

EPS-1970981PR-E1222X

Finance professionals

800-752-8700

Investors

800-257-8787

Media

media-inquiries@nuveen.com

Source: Nuveen


Source link

]]>
Last minute tips for harvesting tax losses for 2021 https://katmasters.com/last-minute-tips-for-harvesting-tax-losses-for-2021/ Tue, 28 Dec 2021 16:52:33 +0000 https://katmasters.com/last-minute-tips-for-harvesting-tax-losses-for-2021/ What would you like to know Advisors should pay particular attention to clients who may have engaged in cryptocurrency trading during the year. Clients should be careful when selling an investment just to offset capital gains. Customers should watch out for wash sales issues if they want to reinvest the proceeds quickly. The stock markets […]]]>

What would you like to know

  • Advisors should pay particular attention to clients who may have engaged in cryptocurrency trading during the year.
  • Clients should be careful when selling an investment just to offset capital gains.
  • Customers should watch out for wash sales issues if they want to reinvest the proceeds quickly.

The stock markets have done extremely well for many clients in 2021 – in some cases the gains may have been surprising enough to motivate the client to cash in their investments at a significant gain without much planning or advice.

While this can be seen as a positive development for many, it can also mean that many clients may be faced with a larger than expected year-end tax bill on unexpected capital gains. Customers have a few days to take action to prevent an unexpected tax impact from eroding their bottom line.

While tax-loss harvest strategies are an old hat for many advisors and clients, implementing these strategies correctly may take on new importance for clients who might have unexpected gains for 2021 – and advisers should pay attention. special attention to clients who may have entered cryptocurrency trading during the year. .

Capital gains taxes: the basics

Many clients are used to incurring a capital gains tax bill at the end of the year. They have even come to expect it. However, 2021 was unique for a number of reasons, meaning some clients might face long-term capital gains tax for the very first time.

Fluctuations in the cryptocurrency markets throughout the year may have prompted many investors to sell when cryptocurrency prices were at their peak. Since cryptocurrency is treated as property, these clients will be liable for capital gains tax on their profits – and it is no longer possible for these clients to go under the IRS radar when ‘it’s about declaring crypto gains.

Keep in mind that tax loss recovery strategies don’t apply to traditional retirement accounts, like IRAs or 401 (k), where funds grow on a tax-deferred basis. These distributions are subject to ordinary income tax on withdrawal, not capital gains tax.

Additionally, clients should remember the distinction between short term and long term capital gains. Long-term capital gains tax rates apply when the client has held the asset for a year or more. Long-term capital losses will offset long-term capital gains.

If the holding period is shorter, the rates will be taxed as short-term capital gains (which reflect regular tax rates).

Tax loss recovery strategy

First, any tax loss recovery strategy must be executed by December 31 for the loss to offset the gains of 2021. With the tax loss recovery strategy, clients will want to be careful of fluctuations in asset values. . Selling a capital asset at a loss in a year where the customer will also realize long-term capital gains may offset capital gains tax.

To execute a tax loss harvesting strategy, clients simply sell depreciated fixed assets to offset their capital gains for the year. These clients should also note that they can use up to $ 3,000 in capital losses to offset ordinary income for the year.

In addition, any denied capital loss can be carried forward to future years if it exceeds the client’s capital gains by more than $ 3,000.

As always, clients should be careful when selling an investment just to offset capital gains. Some investments can make sense in the long term even if they have performed poorly in recent years. These long-term gains are also an important issue when considering the client’s long-term tax outlook.


Source link

]]>
Top Marijuana ETFs in Q1 2022 https://katmasters.com/top-marijuana-etfs-in-q1-2022/ Sun, 26 Dec 2021 16:43:27 +0000 https://katmasters.com/top-marijuana-etfs-in-q1-2022/ Best Cannabis ETFs For Your 2022 Watchlist Looking for the best marijuana stocks to buy for 2022? For many new cannabis investors, this can be difficult given the amount of different major cannabis stocks in which to invest. In 2021, the cannabis industry suffered significant losses due to delays in Congress associated with the federal […]]]>

Best Cannabis ETFs For Your 2022 Watchlist

Looking for the best marijuana stocks to buy for 2022? For many new cannabis investors, this can be difficult given the amount of different major cannabis stocks in which to invest. In 2021, the cannabis industry suffered significant losses due to delays in Congress associated with the federal legalization of marijuana. As we close the year, many pot stocks are trading near the lowest values ​​seen this year currently in December. This could add to the upside potential of the sector for next year.

Due to Senate delays with reform, some of the major U.S. marijuana stocks cannot be traded on major exchanges. Indeed, cannabis is still illegal at the federal level, leaving the best US cannabis stocks to be traded in the over-the-counter markets. But there are ways to invest in many of the best marijuana stocks to buy in one trade. Specifically, marijuana ETFs have made it easier for investors to gain exposure to different parts of the cannabis market.

For those unfamiliar with ETFs or exchange-traded funds, this is a type of security that tracks an index, sector, commodity, or other asset. In general, ETFs are traded like ordinary stocks in the market and can contain many types of investments. In specific cannabis, ETFs focus on different areas of the cannabis industry, allowing the investor to gain exposure to a wider area of ​​the cannabis market.

Investing in the cannabis industry for the long term

Some of these ETFs also offer a dividend to long-term shareholders, which is rarely seen in major marijuana stocks. In 2022, most cannabis ETFs are trading near their lows this year. Making a watchlist of the best cannabis ETFs for 2022 could be a good way to market yourself in the growing cannabis industry. Let’s take a look at the top 4 cannabis ETFs to watch in 2022.

[Read More] The best marijuana stocks to watch when the stock market opens next week

Best Marijuana ETFs for 2022

  1. AdvisorShares Pure US Cannabis ETF (NYSEArca: MSOS)
  2. Amplify ETF Trust – Amplify Seymour Cannabis ETF (NYSEArca: CNBS)
  3. AdvisorShares Pure Cannabis ETF (NYSEArca: YOLO)
  4. ETF on cannabis (NYSEArca: THCX)

The AdvisorShares Pure US Cannabis ETF (MSOS)

The AdvisorShares Pure US Cannabis ETF is the first marijuana ETF in the United States to reach $ 1 billion in assets under management. The holdings and assets of this leading marijuana ETF are primarily focused on US cannabis companies. In general, the ETF’s assets include vertically integrated multi-state operators in the United States, major cannabis REITs in the United States, CBD companies, pharmaceutical companies, and hydroponics suppliers. Trulieve Cannabis Corp. (TCNNF), Curaleaf Holdings, Inc. (CURLF), Green Thumb Industries Inc. (OTC: GTBIF) and Cresco Labs Inc. (OTC: CRLBF) are now among the major holdings of MSOS ETFs.

MSOS ETF closed on December 23e to $ 25.36, down 9.75% last month. This ETF has a 52 week price range of $ 23.08 to $ 55.91 and is down 30.52% year to date. In September, AdvisorShares launched the AdvisorShares Psychedelics ETF (NYSEAcra: PSIL) psychedelic ETF which adds to its ever-growing list of assets. MSOS ETF does not currently pay any dividends.

[Read More] 2 cannabis stocks to watch as marijuana real estate begins to bubble

ETF Amplifier Seymour Cannabis (CNBS)

Amplify Seymour Cannabis ETF provides investors with exposure to the global cannabis industry with over 80% of its holdings in companies generating income from the production of cannabis and hemp. In recent events, this cannabis ETF announced that it could access US MSOs via swaps. Now, with the addition of US cannabis companies, CNBS has significant stakes in Green Thumb Industries, Curaleaf Holdings, WM Technology, Inc. (NASDAQ: MAPS) and Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM). Also holding assets in Tilray, Inc. (NASDAQ: TLRY) and Village Farms International, Inc. (NASDAQ: VFF).

The CNBS ETF closed at $ 14.34 on December 23, down 13.20% last month. The ETF has a 52-week price range of $ 13.23 to $ 40.65 and is down 17.82% year-to-date. Amplify Seymour Cannabis ETF pays an annual dividend of $ 0.10 per share, with a dividend yield of 0.49%. In November, Amplify ETFs surpassed $ 5 billion in assets under management.

[Read More] The Best Marijuana Penny Stocks for Your New Year’s Watch List? 2 to watch this week

AdvisorShares Pure Cannabis ETF (YOLO)

AdvisorShares Pure Cannabis ETF, or YOLO ETF, is the Company’s other leading cannabis ETF, which invests in domestic and global cannabis equity assets with the expectation of long-term capital gain. Village Farms International, Inc. (NASDAQ: VFF), Green Thumb Industries Inc. (GTBIF) and Innovative Industrial Properties, Inc. (IIPR) are part of the holdings of the ETF. Essentially, this ETF would provide investors with exposure to some of the most well-known cannabis companies in the United States as well as some of the most well-known cannabis companies in Canada.

The YOLO ETF is down 23.06% year-to-date with a 52-week price range of $ 12.56 to $ 31.87. As things continue to move forward in the cannabis industry, YOLO ETF could be a good way for investors to gain exposure to the global cannabis market. In addition to some of the Canadian cannabis stocks, YOLO ETF also owns approximately 61.5% of its weight in US marijuana stocks.

[Read More] Best Marijuana Stocks For Your 2022 Watchlist Right Now

The Cannabis ETF (THCX)

The Cannabis ETF (THCX) is an Innovation Labs cannabis index that gives investors exposure to cannabis, hemp, CBD and pharmaceutical cannabis companies around the world. The fund’s assets are primarily concentrated in the United States and Canada, with a focus on pharmaceuticals and a mix of value and growth cannabis companies. Village Farms International, Inc., Tilray, Inc. (TLRY), OrganiGram Holdings Inc. (OGI) and Amyris (NASDAQ: AMRS), Inc. are now top positions in the THCX ETF. This ETF can provide investors with significant exposure to the Canadian and medical segments of the industry, as well as other leading ancillary companies.

The THCX ETF has a 52-week range of $ 8.42 to $ 30.99 and is down 28% year-to-date. ETF THCX closed on December 23e to $ 9.00, down 14.77% last month. Currently, the THCX ETF is up 1.58% in the last five trading days.

Top Marijuana ETFs for Q1 2022 post appeared first on Marijuana Stocks | Cannabis investments and news. Roots of a budding industry. (TM).

comtex tracking

COMTEX_399645858 / 2683 / 2021-12-26T11: 31: 56

Is there a problem with this press release? Contact the source supplier Comtex at Editorialpr@comtex.com.


Source link

]]>
My son who is an American citizen wants to sell a property in India. How will it be taxed? https://katmasters.com/my-son-who-is-an-american-citizen-wants-to-sell-a-property-in-india-how-will-it-be-taxed/ Fri, 24 Dec 2021 09:07:50 +0000 https://katmasters.com/my-son-who-is-an-american-citizen-wants-to-sell-a-property-in-india-how-will-it-be-taxed/ My son is an American citizen. He owns residential property here in India. He wants to sell it. Could you tell us about the related tax implications? Also, if he does not sell it and give it to his brother, what will be the tax consequences? – Hidden name The residence status of the person […]]]>

My son is an American citizen. He owns residential property here in India. He wants to sell it. Could you tell us about the related tax implications? Also, if he does not sell it and give it to his brother, what will be the tax consequences?

– Hidden name

The residence status of the person will define tax liability in India. If the person is a Non-Resident Indian (NRI) in accordance with the provisions of the Income Tax Act, he or she is liable for income tax on the income accrued or generated in India. Therefore, if your son owns a residential property in India and wants to sell it, he will have to pay capital gains tax on the gains from that sale. However, tax liability will depend on whether the gain is a short-term or long-term capital gain.

If an NRI sells a residential property after 24 months (reduced from 36 months to 24 months in the 2017 budget) from the date of ownership, the proceeds from the sale of that property will be considered a long-term capital gain. However, if the residential property is held for 24 months or less, the gain will be short-term appreciation. The tax implications for NRIs also apply in the event of inheritance.

Long-term capital gains are taxed at 20% plus cess, and short-term gains are taxed at the flat rate applicable to NRIs on the basis of total income, which is taxable in India.

However, when an NRI sells a property, the buyer is required to deduct a 20% TDS. And if the good is sold before 24 months, a TDS of 30% is applicable. The NRI can file an ITR and claim a refund of excess tax withheld at source.

To answer the second part of the question, if NRIs offer a property to an Indian citizen, when the fair market value of the property exceeds ??50,000, it is taxable in the hands of the recipient of the donation. However, if the donation is given to relatives (defined in the Income Tax Act), it is not taxable either for the recipient or for the donation. Therefore, if an NRI donates residential property to its brother, it is not taxable.

(Query answered by Archit Gupta, Founder and CEO, Clear. Send your questions to mintmoney@livemint.com)

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!


Source link

]]>
TRIPLE PLAY 2021: The Real Estate Convention is back https://katmasters.com/triple-play-2021-the-real-estate-convention-is-back/ Wed, 22 Dec 2021 02:13:49 +0000 https://katmasters.com/triple-play-2021-the-real-estate-convention-is-back/ NRIA Calls Triple Play “Success”, Says Participants Enjoying Face-to-Face Relationships SECAUCUS, NJ / ACCESSWIRE / December 21, 2021 / National Realty Investment Advisors (NRIA), a real estate investment company and luxury real estate developer, says this year’s Realtors Triple Play Show and Convention has been a “success” for the NRIA team. “It was kind of […]]]>

NRIA Calls Triple Play “Success”, Says Participants Enjoying Face-to-Face Relationships

SECAUCUS, NJ / ACCESSWIRE / December 21, 2021 / National Realty Investment Advisors (NRIA), a real estate investment company and luxury real estate developer, says this year’s Realtors Triple Play Show and Convention has been a “success” for the NRIA team.

“It was kind of like the kids could finally come out and play after being stuck inside for a long time,” said Ivel Turner, senior vice president of investor relations for Secaucus-based NRIA, in the New Jersey.

Held December 6-9 in Atlantic City, the 2021 Triple Play was kind of a comeback for this event that, in a typical year, attracts thousands of real estate professionals from across the United States.

COVID ended Triple Play last year and ended most trade deals in the United States and around the world.

And while health concerns regarding the coronavirus and its variants persist, the overwhelming sentiment of participants in this year’s Triple Play, according to NRIA’s Turner, was, “It’s great to be back.”

“You just can’t replace this type of face-to-face communication,” said Stephanie Cortese, senior remittance exchange coordinator for NRIA. “There was a good energy there that everyone could feel. It was a face-to-face human interaction.

Triple Play was an opportunity, she said, for real estate agents to talk to real people who are not behind a phone or computer screen and explore the latest developments in real estate.

For NRIA’s Cortese and Turner, the Triple Play was their time to build valuable in-person relationships, they said. While describing the event, Turner spoke in awe of the buzz around Cortese as she met the realtors approaching the NRIA table.

“Stephanie was a dynamo,” he said. “She was tireless. It was amazing to watch. You could see people’s eyes shining as they had this “light bulb moment” as she described the NRIA opportunity to them. “

That opportunity, Ivel explained, is the NRIA Payout Exchange, which allows real estate investors to defer capital gains tax on their investments.

By reinvesting their profits in NRIA, Turner said they deferred taxes on capital gains and made additional profits on their new investment.

“You are not denying the government money,” he said, “you are delaying it. The customer can also choose to withdraw some of the money he earns.

Throughout the three-day Triple Play convention, realtors from top to bottom on the East Coast showed interest in NRIA’s strategy and were eager to hear more, Turner said.

Cortese explained that NRIA pools the funds of many investors to build or buy and renovate properties. The NRIA then sells these properties at a profit for their investors. This makes it an ideal real estate investment opportunity for those who don’t want direct ownership responsibilities, Turner said.

“They get immediate annualized monthly income without the hassle and responsibilities that come with being a property manager or buying and building properties,” he explained. “NRIA does it for them. “

And how can all of this benefit real estate agents who refer their clients to NRIA?

Turner explained that realtors are rewarded with an administration fee for each client who signs up with NRIA. A win-win for the real estate agent, the client and the NRIA.

“The convention is a great breeding ground for doing business,” Turner said. “Each agent will sell something that will add value. This is where they can say, “Hey, let me show you how you can make money with the money you would pay in taxes. “

All in all, the Triple Play was a perfect space to market new real estate opportunities, according to Turner and Cortese.

“Coming out of the COVID lockdowns, Triple Play has had a good outcome for everyone involved this year,” Cortese said. “The energy was fantastic. It was nonstop.

“We were all delighted to be connected in person again,” she added. “I’m already excited for next year.”

About NRIA

With a history of over a decade of delivering the highest quality construction, NRIA, headquartered in Secaucus, New Jersey, has earned its reputation as one of the nation’s premier real estate developers.

For more information on the NRIA, visit www.nria.net.

Contact information:
Dawn Ouellette Nixon
ReputationPR
212-736-0800
cam@reputepr.com
https://www.reputepr.com/

THE SOURCE: Reputation RP

See the source version on accesswire.com:
https://www.accesswire.com/679040/TRIPLE-PLAY-2021-The-Real-Estate-Convention-Stages-a-Comeback


Source link

]]>
I am 59 years old and am retired. How should I invest the money I receive from the sale of my apartment? https://katmasters.com/i-am-59-years-old-and-am-retired-how-should-i-invest-the-money-i-receive-from-the-sale-of-my-apartment/ Mon, 20 Dec 2021 06:43:00 +0000 https://katmasters.com/i-am-59-years-old-and-am-retired-how-should-i-invest-the-money-i-receive-from-the-sale-of-my-apartment/ In each edition of ET Wealth, our panel of experts answer questions related to any aspect of personal finance. If you have a question, send it to us immediately at etwealth@timesgroup.com. I am 59 years old and practically retired, but I still have a reasonable income from investments and advice. I save 50% of my […]]]>
In each edition of ET Wealth, our panel of experts answer questions related to any aspect of personal finance. If you have a question, send it to us immediately at etwealth@timesgroup.com.

I am 59 years old and practically retired, but I still have a reasonable income from investments and advice. I save 50% of my income. I have an apartment which I am selling for Rs 2 crore. How should I invest the money?

Raj Khosla, Founder and CEO of MyMoneyMantra.com responds: “The sale of real estate will result in capital gains tax. Discuss the possibilities for tax savings with a tax advisor. Next, determine your immediate, medium, and long-term goals. Go for a mix of debt and equity based on goals and risk appetite. Invest Rs 1 crore in liquid funds and start systematic transfer plans. Recommended funds are: Axis Bluechip, Kotak Bluechip, UTI Flexi Cap, Invesco India Multi Cap and Mirae Asset Emerging Bluechip Fund with a horizon of 5 to 7 years. Review and rebalance portfolio every three years.With the amount in the balance, buy government backed high yield investment options such as the Seniors Savings Plan, National Pension System, and Monthly Income Plan of the post. Specify Rs 10 lakh as emergency fund in bank FDs. Also make sure you have adequate life and health insurance for yourself and your spouse.

I’m 31 years old. My net monthly salary is Rs 70,000. I have a home loan of Rs 50 lakh. The IME is Rs 36,000 payable over 25 years. My first goal is to pay off my mortgage in 5-6 years. The other goal is to save Rs 8 lakh for my wedding next year. I have invested in stocks and my portfolio is worth Rs 18 lakh. I have a SIP of Rs 5,000 running in Axis Small Cap Fund. How do I meet my goals given an 8% per year salary increase and inflation?


Sanjiv Bajaj, Co-Chairman and Managing Director of Bajaj Capital, responds: “After deducting the EMI for Rs 36,000, the SIP amount for Rs 5,000 and other household expenses, we assume you would be able to invest. Rs 10,000 per month. However, the SIP investment of Rs 15,000 per month will not be enough to accumulate Rs 50 lakh in six years. We suggest that you increase the term of office by at least 10 years. A 12% CAGR on the existing portfolio and new investments (with an annual SIP growth rate of 8%) for the next 10 years should help you reach your goal. The short term goal of accumulating Rs 8 lakh for the wedding can be achieved with your existing wallet. It is advisable to transfer Rs 8 lakh of equity to fixed income funds to achieve your second goal You can launch new SIPs for Rs 2,000 in each of the following programs: Canara Robeco Emerging Equities, HDFC Large and Mid Cap, Parag Parikh Flexi Cap, Mirae Asset Mid Cap and IDFC Sterling Value Fund. ”


Source link

]]>