Brilliant anecdote / rant from Eric Peters over the weekend… *** “Let’s start with what I’d tell a 25-year-old to not do with investment capital,” answered the CIO. He’d been asked how our youth should invest for 10-15yrs. “I’d tell them to not blindly follow their parents and grandparents as they pay ever higher multiples […]
Archives for February 2020
Bernard Ebbers, Telecom CEO Sent To Prison In Accounting Scandal, Dies – NPR
Bernard Ebbers built WorldCom into one of the world’s largest telecommunications companies, only to see it all end in bankruptcy and federal fraud charges. Stand Honda/AFP via Getty Images hide caption toggle caption Stand Honda/AFP via Getty Images Bernard Ebbers built WorldCom into one of the world’s largest telecommunications companies, only to see it all […]
Stocks making the biggest moves premarket: Apple, Boeing, Verizon, Nike, Uber & more
Check out the companies making headlines before the bell: Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus. Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other […]
Chartered Planner HFMC acquires London wealth manager
Acquisitive Chartered Financial Planner HFMC Wealth has acquired London wealth manager Aspinalls. The deal, completed last week, will add about £1m in annual recurring revenue to HFMC and increase assets under advice and management by about £130m to nearly £1.5bn. HFMC says that the Aspinalls team is a “great fit” and will add more Chartered […]
The Latest In Financial Advisor #FinTech (February 2020)
Executive Summary Welcome to the February 2020 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management! This month’s edition kicks off with the big announcement that […]
Utilities stocks trump other havens as virus fears spread
NEW YORK (Reuters) – U.S. utilities stocks have outperformed other traditional havens in recent days, as worries over the spreading coronavirus epidemic sparked a rush to safety. The S&P 500 Utilities index is up about 3.2% since Jan. 21, when the first case of coronavirus was reported in the United States. The index has risen […]
Automating AP for firms and SMB clients: Three key steps – Accounting Today
For firms serving small businesses, success is largely defined by the ability to cut down unnecessary costs and allocate resources effectively. One of the easiest but often overlooked ways of doing so is through the automation of manual, tedious processes that clog up workloads and tie down resources. This is especially true when it comes […]
Preparing for the next self assessment season
You don’t need us to tell you that self assessment season is a busy time. It’s easy to work 10 hour days when clients show up with all their paperwork at the last minute – or don’t give it to you at all. To help you prepare for the next self assessment season, you need […]
How to Save Income Tax for Salaried & Professionals for FY 2019-20?
How to Save Income Tax – a question that is often asked by my friends, family and blog readers. The problem is there are multiple sections for people to know and if they have heard about it to check if its applicable to their case or not? To help both salaried and professionals to plan […]
Income Tax Slabs for FY 2020-21 (AY 2021-22)
Your income from salary, business or other income like income from fixed/recurring deposits etc are taxed as per income tax slabs. Budget 2020 presented on February 1, 2020 has made some changes in the tax slab. There would be two options: use existing tax slabs with all exemptions use new simplified tax structure but forgo all […]