How Pulkit created a dashboard to track his investments

Pulkit has designed an investment dashboard for planning and tracking his investments in a goal-based manner. He had shared some screenshots in the goal-based investing Facebook group. Pulkit immediately agreed to share the thought process behind creating this dashboard.  There is no better way to showcase the benefits of managing an investment portfolio as per…

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Portfolio Rebalancing FAQ Part 2

We continue answering frequently asked investor questions on portfolio rebalancing to help with practical implementation. The first part (question 1 to 13) is available here: Portfolio Rebalancing: We answer frequent questions investors worry about (part 1). Par 3 is linked below. Q14: Rebalancing if it involves multiple assets will it be model-based (quantitative)? For instance, the…

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Portfolio Rebalancing: We answer frequent questions investors worry about (part 1)

In this article, we answer frequently asked question on portfolio rebalancing. Theoretically, it is easy to understand rebalancing but when it comes to practical implementation, investors have so many questions and mental blocks. The idea behind rebalancing is fairly simple and one that we have dealt before with examples multiple times:  it is a process…

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Step-by-step guide to plan for your child’s education and marriage

Here is a step-by-step guide for planning your child’s education and marriage. 1. When to start planning. The moment the pregnancy is confirmed! 2. What do to first? Evaluate your insurance cover and buy more if required. 3. How to evaluate insurance cover?  Let us consider a couple with a two-year-old child. The male is…

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Please Read This Before Buying a LIC Policy!

Are you considering the purchase of an endowment policy? Perhaps a cash back policy? Perhaps your friendly agent told you about a policy or a “magic plan” that would offer constant pension guaranteed by the government? Please read the following before buying an LIC policy or any insurance policy that has an investment component associated…

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Why we need to start investing early for our children’s future

“Why should I invest for my child’s future needs like education or marriage?”, asked a reader. “Why can’t I simply get them an education loan?”, “why can’t they foot their own marriage bill?”. Well, we need to invest what we can for the simple reason that life does not pan out the way we plan. Especially…

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List of Fee-only Financial Planners in India (SEBI RIAs)

Here is a list of SEBI registered fee-only financial planners in India (revised and updated for 2020). A fee-only planner is someone who charges a fee for financial plan creation and advisory and does not receive any commissions/incentives from mutual fund houses, insurers or other financial product sellers. Financial advice is provided, and clients are…

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CAGR vs. IRR: Understanding investment growth measures

Many of us have trouble understanding how the growth of volatile instruments like equity, bonds gold  or even real estate can be quantified. We come across many terms like  CAGR, IRR and XIRR in this context. In this post, the similarity and differences between the CAGR (compounded annualised growth rate) and the IRR (internal rate…

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Diversification will lower investment returns!

It is important to diversify a portfolio, but it is even more important to understand that diversification will typically lower portfolio return and not enhance it! Technically, diversification is for risk reduction,or to be precise  – reduce the daily ups and downs in the portfolio value (aka volatility). However, volatility reduction almost always results in return…

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Money Management: Taking it to the next level

So, you have term insurance, health insurance, emergency fund, understand the need to beat inflation and have started investing towards that. Congratulations, you have reached the base camp! The summit still has to be climbed! Here are some ways to take money management to the next level. In the recently concluded Chennai investor discussion meet,…

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