26 Jul 2024

My takeaway from this year’s budget

Quite a few people are losing their heads due to the taxation change. I’ll admit that I am also in some kind of a despair due to my old debt funds losing indexation all of a sudden.

I suppose this is proof that you need to be emotionally stable to succeed in investing. (Or anything in life, for that matter.)

Keep a clear head; learn the new rules; change your strategy if necessary. Keep marching towards your goals. Maybe that’s the lesson I need to learn from the taxation changes introduced by this year’s budget.

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