Last Updated on September 4, 2018 at 10:09 am A look at “How do I reduce clutter in my mutual fund portfolio so that it can tracked and reviewed easily?”. Typically mutual fund investors with few to several years of experience are interested in this exercise. The first step is to recognise clutter. I hold…
Continue reading →Last Updated on September 4, 2018 at 10:57 am A look at ‘how much’ or ‘what is the corpus required for early retirement in India?’. I had earlier written a detailed post on this subject and the common misconceptions youngsters seeking financial freedom form after reading blogs like ERE and MMM. The central message of…
Continue reading →Last Updated on January 2, 2016 at 8:57 pm Type ‘comfort zone’ in Google and you only find articles that tell you to step out of it. So why am I asking you to step into it?! If financial literacy was a course, it would have an extremely small syllabus: 1) Understand the impact of…
Continue reading →Last Updated on November 11, 2018 at 5:36 pm XIRR or extended internal rate of return is a measure of return used when multiple investments (at different points in time) are made in a financial instrument. A look at what XIRR represents and how it is different from CAGR. What is CAGR? First, we need to…
Continue reading →Last Updated on August 30, 2021 at 3:42 pm This post is meant for financial advisors, who care to take me seriously, considering my diatribes here and at FB group Asan Ideas For Wealth. I would request investors to read and comment on this important issue. Why am I writing about this? Becuase over the…
Continue reading →Last Updated on September 4, 2018 at 9:59 am In an interview to Wealthforumezine, Shankaran Naren, CIO, ICICI Pru AMC, suggested that buying low and selling high using the price to book value (PB) is better than the price to earnings (PE) model. Since I have earlier shown that there is absolutely no merit for long term…
Continue reading →Last Updated on January 3, 2016 at 7:49 pm Here is how I visualize the growth of an equity portfolio as a tilted pendulum. It is a simple ‘mental model’ that might* aide a new investor with regard to what he/she should expect from equity investments. (*) might because, it makes sense to me, but…
Continue reading →Last Updated on January 3, 2016 at 7:51 pm So many people have told me, one should assume that expenses will decrease after retirement due to a change in lifestyle, that I am now convinced that it is a cognitive response to avoid pain. The pain associated with staring at the results of a retirement calculation…
Continue reading →Last Updated on January 3, 2016 at 7:52 pm Living in a hotel after retirement has been my fantasy for long. Let us calculate how much it would cost to live in a hotel after retirement. Yes, this is a fantasy post and I will never be able to pull it off, but it is intriguing…
Continue reading →Last Updated on January 3, 2016 at 7:54 pm Do not assume that your insurer will hand out your life insurance amount (term, endowment, ulip etc.) on a platter to your nominee! Deepak Shenoy of capital mind posted about how ICICI Pru Life bitterly fought a claim settlement and delayed it by about 7 years. http://capitalmind.in/2015/07/has-icici-prudential-life-taken-to-fake-doctors-prescriptions-to-avoid-paying-out-claims/ This…
Continue reading →Last Updated on August 22, 2022 at 11:19 pm Here are some charts from yesterday’s post: Should gold be part of your long-term investment portfolio? Franklin Indian Blue Chip is chosen as representative of equity Franklin Indian Income fund as representative as debt. Per gram price data obtained from indexmudi is used to represent gold investment Data…
Continue reading →Last Updated on August 22, 2022 at 11:20 pm Should gold be part of your long-term portfolio? Does it help to have some exposure for the sake of diversification? This is the second part of “asset allocation for long-term goals”. The first part which considered only equity and debt, can be found here This post…
Continue reading →Last Updated on October 1, 2023 at 5:39 pm This is a step by step guide to e-file AY 2020-2120 (FY 2019-20) income tax returns using forms ITR2, ITR3 and ITR5. This is an updated version of the second part of a guest post by Aparna C K. She describes LTCG, STCG, carry forward…
Continue reading →Last Updated on October 1, 2023 at 5:40 pm Here is a step by step guide to file income tax return (ITR1) for AY 2019-20. Please consider forwarding this to a person who is going to file returns for this first time. This is an updated version of a guest post by Aparna C K….
Continue reading →Last Updated on January 13, 2016 at 5:35 pm Use this calculator to analyze if you should pre-pay your home loan asap or invest instead. This is now republished after correcting a bug pointed out by Ankush. I had posted an illustration of prepay vs invest in June but did not post the associated sheet….
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