As readers may be aware, fee-only India (FOI) is an organisation to help investors with their money management and fee-only advisors with knowledge sharing and support in their journey. Our first meeting and launch were on Sep. 2017. Out second meeting was organised by Piyush Khatri (Shahasta Financial Consultants) and held at his office on 25th…
Continue reading →This week on fee-only advisor journey, we showcase Swapnil Kendhe’s successful transition from corporate executive to insurance and mutual fund salesman to a fee-only SEBI registered investment advisor (RIA). Swapnil is part of both fee-only India – an association of fee-only financial planners and the freefincal list of fee-only RIAs. As someone who has witnessed part…
Continue reading →For the last four years, freefincal and AIFW has helped connect hundreds of investors with financial advisors who do not receive any commissions – a matter of pride and achievement for me. Such financial advisors, are known as fee-only advisors and need to be registered with SEBI as Registered Investment Advisors (RIAs). When you work with…
Continue reading →If you are planning to buy a house in the next few years with a home loan, here are some tips to maximize benefits. Wanting to live in a place that we call our own is an emotional and instinctive need. There can be no doubt about that. Very few of us would have no…
Continue reading →Here is a list of fantastic learning resources for kids and adults of all ages. Much of this list has been compiled by my 8-year old, Srikanth. So this makes it his first guest post. While he was growing up, I was hoping that he would have a real talent for fine arts like singing,…
Continue reading →If you are someone who desires early retirement or you just want to save up enough to ensure income for a few years while you get your startup off the ground, then you probably should have come across* terms like frugality, FIRE, safe withdrawal rate = 4%, savings rate etc. These are some of the…
Continue reading →Let us discuss what is a living will, why it is important, how to make one and how it can help our loved ones. On March 9th, 2018, the Supreme court of India allowed passive euthanasia and recognised a directive of a terminally ill patient to withdraw life support. The court also put into place…
Continue reading →I have Rs. 500 SIP running in Sundaram Select Midcap fund since Aug 2009. As readers may recall*, this is not for me, but for a relative, started when she was about one for her college. Here are some lessons from that investment. I was using this to prepare slides for a “basics of money”…
Continue reading →Our elders were right all along! In hindsight, it makes perfect sense to have children as soon as possible. A discussion on the health and wealth benefits of starting and completing a family asap. “It’s so difficult, isn’t it? To see what’s going on when you’re in the absolute middle of something? It’s only with…
Continue reading →SEBI registered investment advisor Shilpa Wagh shares her journey: from IT professional to a fee-only financial planner. Shilpa resides in Mumbai and is part of Fee-only India – movement to serve investors and advisors and the freefincal list of fee-only financial planners. It was Sukhvinder Sidhu (who was featured in the last advisor journey) who…
Continue reading →Many investors are under the impression that to get higher returns, one must take on more risk. This is reasonably true if the investment duration is “long enough” and completely wrong for shorter durations. In a two-part post, I consider the risk and return associated with all mutual fund categories. This is an updated version…
Continue reading →Here is a video description of how to select an equity mutual fund in under 30 minutes using the freefincal mutual fund screener and if necessary with a rolling returns calculator. Before heading to the video, it is important to recognise that this is a simple, (some might call) crude way to shortlist funds and…
Continue reading →SEBI’s Mutual Fund Scheme Categorization requires fund houses to use a term known as Macaulay Duration to differentiate among debt mutual funds. Here is a simple explanation of what is Macaulay Duration and the more important modified duration and why you need to understand their significance if your mutual fund invests in bonds (debt mutual…
Continue reading →The 10% tax on all equity mutual fund dividends is a blow to all those who sold and bought funds that offered monthly dividends. This is a blessing as it would reduce mis-selling and hopefully mis-buying, but begs the question: is it possible to generate tax-free regular income from mutual funds? The answer is yes – but…
Continue reading →It is common knowledge that Gautami and Kamal Hassan split in Oct. 2016 after a 13-year live-in relationship. Yesterday (Feb 24, 2018) she published an eloquently worded article on her blog distancing herself from Kamal. Eloquent because there is much to read between the lines, but that research aside, I would like to focus on the financial…
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