Last Updated on February 12, 2022 at 6:22 pm Create your own personal financial plan with this excel-based financial planning template. Ever since I made my first retirement calculator, I have had several requests to make an integrated financial plan creation tool. The only reason I took this long to make it is sheer boredom….
Continue reading →Last Updated on April 22, 2016 at 8:02 pm Nandish Desai and Manish Chauhan run Jagoadvisor – a portal for financial advisors. Recently, they posed the following retirement planning challenge, Scenario: ‘You meet a 55 year old with a corpus of Rs. 70 lakhs. The person seeks financial independence in retirement and expects an annual inflation of about…
Continue reading →Last Updated on February 12, 2022 at 6:22 pm Financial goals maybe arranged into three categories. (a) Goals based on a one-time expense. Classic example is a marriage. You invest to create a corpus, which evaporates around the time of the wedding. Any event that is unlikely to occur again or occurs infrequently would fall…
Continue reading →Last Updated on December 18, 2021 at 10:34 pm How different is a large cap equity mutual fund from an exchange-traded fund (ETF) that tracks an equity index? The portfolio of an index ETF is likely to be nearly identical to that of the index at any point of time. Typically the portfolio of all large…
Continue reading →Last Updated on August 22, 2022 at 11:20 pm On occasions like Dhanteras and Akshaya Tritiya, AMCs and fund distributors advice you to start gold ETFs for financials goals like a child’s marriage. For some reason, many around us seem to think that one must start investing in gold-ETFs because gold is needed for our…
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