This is the archive of all our articles related to how young earners can manage their money easily
“I understand the need to beat inflation and the need for equity in a portfolio. I understand that the mutual fund route is a simple and convenient way to do it. However, I neither have the confidence, nor the time or inclination to create and manage a mutual fund portfolio. I also do not have…
Continue reading →A couple of weeks ago, I tried to login to my account with Quantum mutual fund. I had to enter my login name and password and difficult captcha* code. After getting the code wrong twice(age does take a toll), I was taken to another screen where I had choose by which way I could receive a OTP…
Continue reading →As an offshoot to yesterday’s post, Non-intrusive term insurance comparison portals, let us look at simple ways to protect our online privacy. I am no expert. I write as someone who has repeatedly made mistakes in this area. First, it is important to recognise that every business is out to get your email and mobile no….
Continue reading →Here is an e-book based on a (nearly) unabridged collection of 20 posts written earlier. I have not bothered to connect the chapters. I hope that will not spoil your experience too much. Perhaps only a reader who is used to my style and intent might find this collection useful. This is an experiment. Please let…
Continue reading →After reading well-spun yarn like ‘Rich Dad, Poor Dad’, many start talking about the importance of financial independence and passive income. There is no free lunch in the universe and there is no such thing called ‘passive’ income. A look at some well-known passive income ‘streams’ and what it takes to make them count. Income…
Continue reading →A look at “How do I reduce clutter in my mutual fund portfolio so that it can tracked and reviewed easily?”. Typically mutual fund investors with few to several years of experience are interested in this exercise. The first step is to recognise clutter. I hold 8 funds. If I posted just that information at AIFW…
Continue reading →A look at ‘how much’ or ‘what is the corpus required for early retirement in India?’. I had earlier written a detailed post on this subject and the common misconceptions youngsters seeking financial freedom form after reading blogs like ERE and MMM. The central message of that post was, early retirement is possible, but one…
Continue reading →Type ‘comfort zone’ in Google and you only find articles that tell you to step out of it. So why am I asking you to step into it?! If financial literacy was a course, it would have an extremely small syllabus: 1) Understand the impact of inflation and design a way to combat it. 2)…
Continue reading →Here is how I visualize the growth of an equity portfolio as a tilted pendulum. It is a simple ‘mental model’ that might* aide a new investor with regard to what he/she should expect from equity investments. (*) might because, it makes sense to me, but I am not sure if it will to you….
Continue reading →Should gold be part of your long-term portfolio? Does it help to have some exposure for the sake of diversification? This is the second part of “asset allocation for long-term goals”. The first part which considered only equity and debt, can be found here This post was made possible, thank to Balaji Swaminathan. He got…
Continue reading →Asset allocation refers to the proportion of different asset classes in a portfolio. For example, percentage allocation to equity and debt. The allocation is (or rather should be) decided with an aim to balance risk and reward. The adage, “do not put all your eggs in the same basket” is usually used to explain this…
Continue reading →In this third and final part on “how to select an equity mutual fund”, we will consider different ways in which one ‘make a choice’ from a shortlist. Yes, there are several ways to choose from a shortlist, just like there are several ways to make a shortlist. You will have to take your pick….
Continue reading →Any selection process should have three components: (a) an objective; (b) a method to create a shortlist and (c) a method to finalize with the shortlist. Yesterday we discussed the objective. Today we shall consider how to create a shortlist from which an equity mutual fund can be selected. If you have not read yesterday’s…
Continue reading →Over the next few days, I would like to do a series on “How to select an equity mutual fund”. This is the long overdue update to the step by step guide to mutual fund selection. I write this primarily because my understanding about mutual funds has grown significantly since I wrote the pdf guide. I…
Continue reading →Many people ask, “how much should I save each month from my salary?”. They are not looking for ‘dumb’ answers like, “invest as much as possible”;”use a retirement calculator and goal calculator to find out”; “have you thought about financial freedom in future?” They are looking for a nice low percentage like 10%, preferably 5%,…
Continue reading →