Presenting a simple way to measure mutual fund performance consistency

A simple way to measure how consistent a mutual fund has been in outperforming a benchmark over a given period, in the form a simple percentage is discussed in this post. Depending on your feedback I will include this in this months mutual fund return listings. The simplest and most intuitive way to measure outperformance is…

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A new & accessible benchmark for balanced mutual funds

Choosing an appropriate benchmark for balanced mutual funds has always been a problem for the retail investor. In this post, I propose a new and more importantly accessible benchmark for equity-oriented balanced mutual funds – ones that do not use arbitrage opportunities or derivatives. As always, I make no claim about the superiority of my…

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Should I use cashless hospitalization facility or pay and then reimburse?

There are many who believe that cashless hospitalization facility available with medical insurance policies can be misused by hospitals and that it is better to pay cash and the reimburse it via the policy later. A discussion on should I use cashless hospitalization facility or pay and then reimburse? What does misuse mean? Attempting to exhaust the…

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Do not invest in dynamic equity funds if you wish to chase returns

Dynamic equity funds or dynamic asset allocation funds change their equity:fixed income allocation depending on market conditions. Here is why those who wish to chase returns should not invest in such funds. Dynamic equity funds could either invest directly in a mix of stocks, arbitrage opportunities and bonds (in which case they will be classified as…

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Wanted: Teachers who can lie to students without hesitation!

I often wonder about who is a teacher? Or what defines a good teacher. People often expect a teacher to inspire and motivate. How exactly does a teacher do that? A teacher without passion can suck out the soul and spirit of eager young minds much like a dementor in the Harry Potter stories. Unfortunately, many join up as teachers because…

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