Last Updated on October 5, 2021 at 9:11 pm ‘How much risk an investor can take’ and ‘how much risk he should take’ are two very different things. ‘Invest as per your risk appetite’ is half-decent advice. However it is not universally valid. A person who hates equity can choose to avoid it only if…
Continue reading →Last Updated on September 20, 2021 at 8:39 pm One of the first steps towards taking control of ones financial life is to list down all long-term and short-term goals that one needs funds for. The next step is to use a calculator to estimate how much one needs to invest for each goal independently….
Continue reading →Last Updated on January 31, 2021 at 11:15 pm Beginning to invest for a long term goal in accordance with a plan is an important first step. Once the investing process is underway, performance of the instruments chosen have to be monitored the portfolio rebalanced the goal plan re-evaluated annually and a few years away…
Continue reading →Last Updated on September 11, 2021 at 6:44 pm A recurring deposit (RD) is a terrific instrument for meeting important short-term goals. If I can claim to have some financial discipline it is because I observed my parents open RDs for meeting their short term goals ranging from paying insurance premium to my school fee….
Continue reading →Last Updated on December 1, 2021 at 7:08 pm Use this suite of calculators to compute SIP and lump sum returns, compute SIP corpus and determine SIP amount needed for a goal. This represents an upgrade of my understanding of (a) excel functions and (b) the compounding process. The calculators also help illustrate a common…
Continue reading →Last Updated on January 31, 2021 at 10:58 pm “Applying for term insurance? Be sure to be honest when you apply and disclose all relevant facts. Your (nominees) claim cannot be rejected” Does this advice sound familiar? I have offered it to others myself. The question is, is this advice correct? The answer is ‘Yes’…
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