How to manage an Illiquid Investment?
When an asset or item is liquid it can easily change hands because there is little friction to the trading process and little or no price discovery. Some examples of liquid assets include cash, bit coin, publicly traded stocks, many exchange-traded funds (ETFs), and most municipal and government bonds. On the other hand, illiquid investments […]
How much Tax do you pay on Bond Investments?
Tax Saving Bonds Tax-saving bonds are great instruments offered by the government to help people save tax. These are special documents which offer tax benefits to the owners as permitted under the Income Tax Act. These bonds have a lock-in period of 5 years. India, the largest democracy in the world runs on the tax […]