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At the recently concluded 6th Bangalore DIY Investor Workshop, I talked about various aspects of risk in personal finance. The video and slide deck are published in this post.

Last week, Ashal's forenoon session on Life, Health, Accident, Critical Illness Insurance: All You Need to Know! was published.

For this investor meet, I chose to focus on behaviour aspects of risk in personal finance. Unfortunately, the focus is on me and the slides can only be seen in part. Request viewers to use the presentation slide show while watching the video.

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Investing requires a target. The future needs of our family or financial goals serve as natural targets. Goal-based investing is a process in which invest according to the needs of the goals. The amount to be invested and where it will be invested will depend on the nature of the goal.

Once the goal based investing journey starts, the next step is to learn: how to track financial goals.

As always, what follows is based on “what I would do”. You are free to critique it.  My view towards money management and personal finance is: do what you are comfortable with and ensure minimal maintenance and stress.

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Dear young earner, what do you wish to optimise? Your money? Or your time?

Would you rather dig deeper and deeper into money management and learn "best" ways to "optimise" money management? Or would you rather spend some mandatory time in getting your finances in order and let it run in auto-pilot with periodic maintenance and use the rest  of your spare time in doing what you love?

If money management is your passion, for eg. finding 'good' business to co-own as a shareholder,  then this choice obviously disappears. And perhaps there maybe some hybrid choices in between the two - I don't care.

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Yesterday, I had posed two questions for your consideration. Thank you to all readers who participated. The first question was subjective and there is no right or wrong here. The second question which asked for missing information from a data table found in the performance tab of a typical Value Research fund page has a specific answer. I hope someone from the organisation gets to read this,understands the importance of the missing information and arranges to include it. Hence the title.

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In this post, I  would like to pose two questions. The first is the one that you see in the title.

Using the Fund A vs. Fund B mutual fund analyser, the normalised NAV growth for the past three years is plotted by choosing fund A as a

fund A as a mystery fund  (revealing the name will render the exercise pointless) and fund

fund B as a mystery index fund (the index is not the official benchmark of the fund, but is certainly a good candidate).

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