Goal based Investing: 4-part series

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Part I: A Step-By-Step Guide to Long Term Goal-Based Investing

Download the Step-by-Step Goal-Based Investing Calculator

  • Macros need to be enabled. Macro used is derived from Excel Workbook
  • A standard goal calculator is also included for comparison.

Part II: The What, Why, How and When of Portfolio Rebalancing

Rebalacing Simulator Lite: Suitable for investors unfamiliar with rebalancing. It contains,

  1. Rebalancing illustration
  2. Annual rebalancing simulator with lump sum investment
  3. Annual rebalancing simulator with SIP investment
  4. Annual rebalancing simulator & Lifetime of retirement corpus
  5. Sample data

Sheets 2 and 3 have ‘macros’ to determine the average rebalancing benefit for all possible durations between 1980 and 2011.

Comprehensive Rebalancing Simulator: Suitable for finance pros and pro-investors and anyone willing to learn. It contains,

  1. Rebalancing illustration
  2. Annual rebalancing simulator with lump sum investment
  3. Annual rebalancing simulator with SIP investment
  4. Variable Frequency rebalancing simulator (1,2,3… years)
  5. Threshold rebalancing simulator
  6. One-way rebalancing simulators
  7. Annual rebalancing simulator & Lifetime of retirement corpus
  8. Sample data

Sheets 2-7 have ‘macros’ to determine the average rebalancing benefit for all possible durations between 1980 and 2011.

Download the Rebalancing Simulator Lite (enable macros)

Download the Comprehensive Rebalancing Simulator (enable macros)

Part III: Overwhelmed By How Much You Need To Invest For Your Financial Goals? Here Is A Way Out!

Download the Goal-investment-optimizer

Part IV: How Achievable Are Your Financial Goals?

Download the Returns Estimator for Integrated Financial Goals!

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About the Author M Pattabiraman author of freefincal.comM. Pattabiraman(PhD) is the author and owner of freefincal.com.  He is an associate professor at the Indian Institute of Technology, Madras since Aug 2006. Pattu” as he is popularly known, has co-authored two print-books, You can be rich too with goal based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management.  He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice. Pattu publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year (2.5 million page views) with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis. He conducts free money management sessions for corporates  and associations(see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints, TamilNadu Investors Association etc. Contact information: freefincal {at} Gmail {dot} com (sponsored posts or paid collaborations will not be entertained)
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I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; where to invest; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. I can do the talk via conferencing software, so there is no cost for your company. If you want me to travel, you need to cover my airfare (I live in Chennai)

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Do check out my books

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingMy first book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now.  It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You WantGamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantMy second book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

The ultimate guide to travel by Pranav Surya

Travel-Training-Kit-Cover This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step.  Get the pdf for ₹199 (instant download)

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  1. Dear Sir ,
    I think you can answer my query perfectly…
    I have doubt regarding FCV 200 calculator And MS excel Fx…
    Let us look …their is one credit cooperative Society AKA is offering 750 Days Scheme ..
    If my Principle IS 10000 And ROI is 17% P.A. what would be my maturity –

    As per ms excel calculation Is 13812.
    As per FCV 200 Clc it is 13816.51397
    As per manual calculation is following-

    After completion ONE year Is 11700 (PRN +Int.)
    After completion of Second Yr Is 13689 (PRN+int.)
    20 days Remain interest calculation Is

    After completion Of total tenure Is 13816.51( PRN+int.)

    My question is which one is reliable ?

    Now AKA Society Is giving MS excel Amount …

    I have put double decimal in excel but getting 17% 13812 Rs.

    Which one is wrong MS excel =FCV 200 ClC + Manual calculation…
    when I put F.v. 13812 i m getting Rate 17% ..(in excel)

    When I find F.v. @ 17% in excel i am getting $13,807.27

    NOW my Question Is which one mythology Is right because in practically scenario its investor money …

    Who Is doing malpractice C.A. ,Auditors,Bank owner.

    It is A loopholes of excel ?
    It is mistake of C.A bz he have not Read TVM concept deeply….

    End of the Story MS excel Have Some loophole ….

    I have Raise this Question in various group not receive perfect Answer Any Resource….

    You Are master of the Excel that’s why i thought I can put A Question to you ..

    1. Thank you for your confidence in my abilities. It will take a little while to work this out. I will get back to you. On the face of it, it looks like the compounding formula used is different. Unfortunately many conventions are used and we cannot call something as wrong so easily!

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