Here is a list of suggested New Year Resolutions for Investors based on three principles: imbibe the basis, implement it as soon as possible and ignore the noise. To me, personal finance is nothing more than common sense.  And common sense is nothing but mathematics expressed in a spoken language. Before I started the blog,…

There can be no doubt that 2017 is the year of cryptomania. Every day more and more investors, especially young earners want to try their luck with Bitcoin, Ethereum, Litecoin and any other crypto coin they can get their hands on. Cryptomania 2017 is fantastic to watch as it unfolds, but dear bitcoin and altcoin…

How to buy Bitcoins in India? If you have asked this question, wondered how to invest in Bitcoins with INR, here is a simple DIY approach. This is not a recommendation to buy bitcoins and I do not hold any. The reason I am writing this is that the bitcoin and cryptocurrency community is filled…

Warning, you could be the next diabetic and chances are that you are a pre-diabetic and do not know it yet. Worse, our children could get it while they are still children! It is no secret that India is the diabetic capital of the world. Here are some simple steps to prevent diabetes, manage the…

How would you invest if you suddenly got one crore? That is a nice thought is it not? In this weeks Q & A, we consider what should a sudden crorepati do, along with other questions. Perhaps you may have seen it already, this is my article in the Economic Times: Mutual fund advisers earning commission…

Each week, I try and answer generic questions from readers. Here is this week’s edition. You can use the form below to ask your question. The tougher the question, the more I learn and hopefully more the benefit for readers. This week we consider questions on the PE of a mutual fund, health insurance for…

Deciding where to invest, when and how much in each instrument for a given financial goal is known as asset allocation – it is the key to successful money management. For a given financial goal, how do I determine the asset allocation? That is, how do I decide the amount of equity exposure and therefore, fixed…

This post is a response to a question posed to me by a PhD student: Everyone seems to be predicting that price of Bitcoin will increase by a lot in the coming years and it will become popular. So should I buy some (accumulate) now? To answer this, let us discuss the economics surrounding bitcoins…

Suppose you wish to “put” some money in cryptocurrency (or cryptocoins), say Bitcoin, altcoin, litecoin, fartcoin etc. would you trade or would you invest? It is obvious that due to poor liquidity, the crypto market is volatile. So instinct would tell us caution is necessary. So trading (frequent buying and selling) with regular profit booking seems…

As I sat down to write a post on “cryptocurrencies: should you trade or invest in them?”, I received an email from my classmate asking me to explain if the most popular cryptocurrency- the bitcoin is a Ponzi scheme? A pyramid scheme? or bubble? Since the two topics are closely related, I thought let me…

The freefincal robo advisory software template released on Sep. 7th 2017 has had an enthusiastic response from readers. Thank you for your support. As always I look forward to your feedback and feature enhancement suggestions. In this post, I discuss some of the key features of the robo template. As of 29th June 2021, 567…

The freefincal robo-advisor software tool helps you plan your retirement (early, normal, before, and after), as well as non-recurring financial goals (such as child education) and recurring financial goals (like holidays and appliance purchases). The tool helps anyone aged 18 to 80 plan for retirement, six other non-recurring financial goals, and four other recurring financial…

In this post, I discuss the basics of robo advice, its pros and cons for the benefit of the interested layman as a lead up to the launch of the freefincal robo advisory template next week. What is robo advisory? Suppose you wish to plan for your daughter’s college expenses 10 years from now and wish…