Jago Investor authored by Manish Chauhan is one blog known to most Indians who use the internet. Even those who are chronic procrastinators with respect to their financial life know about it. My own ongoing journey of financial awareness started with Jagoinvestor. A few years ago Manish started the JagoInvestor Forum, a place where investors…
Continue reading →No I am not referring to myself! (although a few my students would have something to say about that!) I am referring to ‘One Idiot‘ the new short film directed by Amole Gupte and produced by IFDC foundation as part of their initiative to spread financial literacy to young Indians. If you haven’t seen it…
Continue reading →Are you in your 20s, just starting out on a job? Are you married with no children yet? You want to buy a term insurance policy but confused about how much to get insured for? If you have said yes to any of the above questions, here is a simple insurance calculator that would suit…
Continue reading →When you invest in a mutual fund a percentage of what you earn as returns is subtracted to pay for the fund manager, fund distributor, advertising and other expenses. This is referred to as expense ratio. For example if you invest Rs. 1 lakh in a fund and if the fund returns 10% in a…
Continue reading →Secure the future of your children with this comprehensive insurance with goal planner! This insurance with goal planner allows you to determine: 1. the insurance amount need to secure college and marriage expenses of two children 2. the amount need to save for college and marriage expenses 3. insurance amount need to provide inflation adjusted monthly expenses…
Continue reading →This insurance with goal planner allows you to determine: 1. the insurance amount need to secure college and marriage expenses of two children 2. the amount need to save for college and marriage expenses 3. insurance amount need to provide inflation adjusted monthly expenses for the family and school expenses for two children It provides…
Continue reading →This is a calculator which hopes to impress upon you how expensive it can be to postpone planning for retirement. Talk to an average person in his/her mid-20s today about retirement planning and the typical response is: “Please stop! I have just started earning and want to ‘enjoy life’. Buy a car and many other…
Continue reading →This calculator is inspired by a couple of posts (links below) on retirement by Subramoney. It allows you to guess how much you need for financial independence during retirement and computes the corresponding pension or how long the corpus will last if it has to match future expenses indexed to inflation. It also calculates the…
Continue reading →Portfolio rebalancing refers to the realignment of the asset allocation of a portfolio (% in stock/equity, % in bonds/debt) back to the original asset allocation planned for the investment. This is done to control risk and increase the potential for returns. You can read more about this here: http://invest-it-yourself.com/rebalancing.php I have developed a portfolio simulator…
Continue reading →Ever Since I started this I have benefited immensely from a few users who have evaluated the calculators thoroughly. Many errors were corrected and I have come to realize how complex each person’s financial situation is. Yesterday I was contacted by someone who was going to retire next year and had trouble using my online…
Continue reading →Imagine having a corpus big enough to generate enough money to handle all your annual expenses while still growing to keep pace with inflation for your lifetime! You would then be financially free! Of course you will have to be free of debt as well. You are then ready to retire or work whenever you want!…
Continue reading →Thinking of taking a car loan? Hold it right there! Did you know that the value of a brand new car depreciates by 20% when you drive out of the showroom! Add to this a 15% depreciation in value each year (assuming normal wear and tear) the govt recommends! This implies in the first few…
Continue reading →Use this calculator to simulate sensex returns from 1980 onwards. This gives you an idea of how the stock market works. If you average sensex returns over a 15-year or 20-year period you will get somewhere like 10%-15% so staying in equities for a long time is crucial. Howeverwhen you start investing can affect your…
Continue reading →You can use this calculator to determine the compounded annualized growth rate on your investments like endowment policies, ULIPS, Chit funds or any investments where you have made some payments and received some money either periodically or as a lump sum at the end. You will be surprised how easy it is to calculate this using…
Continue reading →Say you have investment period of 15 years and you want to invest: i) Rs. 1000 for 3 years @ 10% interest each year ii) Rs. 5000 for next 5 years @ 8% interest each year iii) Rs. 9000 for next 7 years @ 7% interest each year how much will you accumulate? Find out…
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