Archive of Articles and resources for financial planning
Risk represents the probability of loss and volatility a measure of fluctuation. The loss here refers to a loss of capital and fluctuation the ups and downs in the movement of an asset. Now these are textbook definitions. When applied to real-life new dimensions get added on, as with everything else. Let us start with the…
Continue reading →When someone wants your money, they offer you an interest rate and lock up your money for a few years so that they can invest your money elsewhere in peace! If you want 80C tax benefits, your money will get locked in for a few to several years (min 3Y in ELSS to max. when…
Continue reading →Here is a compilation of posts that hopefully can serve as a guide to last minute tax saving. Do not use ELSS mutual funds to save tax in the last minute! Unless you understand the volatile nature of equity returns, do not listen to any AMC or agent and invest in ELSS in the last minute….
Continue reading →Women members of Facebook Group Asan Ideas for Wealth listed several problems that women (married/unmarried, working/non-working) face when it comes to money management. Here is a compilation. Some problems are due to deep-rooted notions about ‘what a women can do or should do’ and some problems are due to lack of communication between a couple…
Continue reading →This is an analysis of my mutual fund investing journey in particular, the growth of my retirement corpus. The aim of this post is only to share my insights. The main reason I did this analysis is to explore the possibility of creating a tool to automate this analysis. My first ever equity investment was…
Continue reading →In the last month, the Nifty fell by 7.7%! Out of which 3.32% was just yesterday! Yesterday I wrote a short note with a few suggestions for new equity investors at such a time of carnage. In this post, I would like to expound on that. Just as I was thinking about ways to do…
Continue reading →Do you know what your investing growth rate is? No, I am not asking about your investment growth rate or CAGR. I am referring to your investing CAGR – the rate at which your investments have increased over a period of time. When I made my first retirement calculator about 6/7 years ago, the first thing…
Continue reading →I discuss simple ways in which a mutual fund portfolio associated with a long-term goal can be reviewed. This is a grey area in personal finance and there is no optimal way to do this. Each individual must necessarily develop their own style of review. So multiple solutions are the norm here. This post is…
Continue reading →Assuming that we all agree that proper money management is vital to our financial well-being, a syllabus for financial literacy might help in evaluating not only our fiscal health, but also that of our friends, relatives and contacts (if they want such help!). Such a syllabus is surprisingly short when we have nothing to gain…
Continue reading →May I request you to ask yourself when was the first time you encountered phrases like financial literacy, investor education, financial awareness etc.(If you have not, good for you!)? Then ask yourself who are the people who use these terms frequently and how many among them are product pushers? The product here being mutual funds,…
Continue reading →When you get a home loan, are you really saving tax? Listen to Ashal Jauhari explain why it is an illusion to think that one can save tax by getting a home loan! Here are the videos of the third Chennai investor meet held on Sep. 2015. I was able to videograph only part of…
Continue reading →This is a guest post by Guhan Ramanan, a friend I got to know through the blog. I requested Guhan to share his money management journey and hence this post. Guhan is what I would call a ‘quick-to-understand’ investor.When he saw the value of managing money with a plan and in an organized way, a…
Continue reading →Each December, I conduct a personal financial audit. I take stock of my financial goals and other aspects of personal finance relevant to me. For the last couple of years I have been sharing the gist of such audits at freefincal: This may help interested readers to conduct one themselves: how to conduct a personal…
Continue reading →“Which is the best way to accumulate gold for a marriage?” is a question often asked by parents, brothers and even the bride or groom to be. This is a discussion on a few smart ways to accumulate gold for a marriage. Some of you are thinking, ‘the best way to accumulate gold is not to!’. The…
Continue reading →All long-term financial goals would soon become short-term financial goals. Perhaps it is obvious that with the passage of time that a goal 18 years away, will soon become a goal 3 years away.Children’s education goal is the best example of this. ‘They grow up so fast!”, we hear everyone say around us. Question is,…
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