I plan to achieve financial independence by 46 this is my master plan

In this edition of the reader story, we meet Vasu, who is two years away from financial independence. He explains his approach to personal finance: “Own what you know, Loan  (to) who you know” to maximize risk-adjusted rewards or minimize reward-adjusted risks. About this series: I am grateful to readers for sharing intimate details about…

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I used the current bull run to reduce my mutual funds from 14 to 4!

In this edition of the reader audit, we meet Shrawan, a computer science engineer working in IT since Sep 2012. He explains how he adopted a goal-based investing approach and utilised the current bull run for pruning his mutual fund portfolio. I am grateful to readers for sharing intimate details about their financial lives for the…

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Lessons from my financial independence journey and future investment plans

In the previous article, Anil explained how he achieved financial independence without mutual funds or stocks by building a 70X portfolio in fixed income ((where X is the annual expense that will persist in retirement). In this sequel, he discusses how he wishes to invest in the future, lessons he learnt about financial independence and…

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From Fixed Deposits to Goal-based investing in MFs: My Financial Journey

In this edition of the reader audit, we consider the financial journey of a 31-year-old software engineer (who prefers anonymity). This is how he moved from bank deposits to goal-based investing with mutual funds.  We feel proud and blessed that readers come forward to generously share details about their financial life to help and inspire…

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I made several investment mistakes but have turned my life around

In this episode of reader-story, Ramkumar Subramanian shares his investment journey. How he invested without a plan, made a bunch of mistakes but still managed to de-clutter his portfolio and started investing in a goal-based manner.  As regular readers may be aware, we publish a personal financial audit each December – this is the 2020…

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How a retirement planning calculation scared me to take action

Most investors calculate the investment amount required for their retirement and in for a rude shock. Sleepless nights are quite common! Very few investors manage their finances right after such a shock and start investing with focus and conviction. In this episode of ‘reader audit’, we meet Mr Tinker (name withheld on request), who got…

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