http://taxguru.in/income-tax/before-you-choose-avenues-for-tax-saving-series-ii.html Complete Tax Solution Sat, 26 May 2012 16:16:37 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://taxguru.in/income-tax/before-you-choose-avenues-for-tax-saving-series-ii.html#comment-7617 N.VENKATESWARAN. Sun, 29 Nov 2009 09:27:27 +0000 http://www.taxguru.in/?p=15754#comment-7617 Dear Sir, Thumb Rule of 100-your age for equity investment is not a scientific or logical, method. It is simply created by pink papers and news channels and equity intermediaries. It all depends on one's level of risk tolerance which in turn depends on his knowledge of equity investment. a person with good knowledge of equity investment and sound financial backing can invest in equity even at older age as compared to one who is young but does not have these two. In the last one year [March 2008 to April 2009] of downside in equity it is most of the young investors, who do not have experience of equity investment. shied away from equity and not the experienced old. so this so called thumb rule has no reasonable explanation to follow. CA.N.VENKATESWARAN. Dear Sir,
Thumb Rule of 100-your age for equity investment is not a scientific or logical, method. It is simply created by pink papers and news channels and equity intermediaries. It all depends on one’s level of risk tolerance which in turn depends on his knowledge of equity investment. a person with good knowledge of equity investment and sound financial backing can invest in equity even at older age as compared to one who is young but does not have these two. In the last one year [March 2008 to April 2009] of downside in equity it is most of the young investors, who do not have experience of equity investment.
shied away from equity and not the experienced old. so this so called thumb rule has no reasonable explanation to follow.
CA.N.VENKATESWARAN.

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