I maintain a document named “Where is our money?”. This document captures everything I want my family to know about money if I were to be in a position not to tell them—maybe because I am dead or in a coma or prison—or something more pleasant, like being in a Vipassana camp. About the author…
Continue reading →In this edition of the reader story, 31-year-old Mr Yo (name withheld on request) explains how he has systematically structured his money management and tracks his financial goals. This is a follow-up to his previous audits: How I track financial goals without worrying about returns. (2021), My net worth grew 33% last year, but my focus…
Continue reading →Avadhoot reviews his investment portfolios in his 3rd audit for freefincal. His first two audits are linked below. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at the bottom of this article. You can also access…
Continue reading →I am a 36-year-old mechanical engineer working in a multinational company. I have been a Facebook group Asan Ideas for Wealth member for over two years. I want to share the story of the personal loan fraud that happened to me. The idea of sharing this is to make everyone aware of the risks. About…
Continue reading →We simplify retirement planning into nine easy steps to help beginners start their journey. For this process, we’ll work with the assumption that retirement is 25 years away. The first step involves defining your target. The purpose for the funds and the timeline for when they are needed are already established, accounting for 25% of…
Continue reading →A significant realisation strikes us as we complete our college education and enter the workforce. We discover what our school and college peers are up to, their lifestyles, probable income, and more. We start to determine our relative position in life. So, what should a relatively young individual with a “low income” do to reach…
Continue reading →A reader says, “I have a query in portfolio rebalancing. When we are moving excess funds from equity to debt (based on asset allocation), normally from which asset, i.e. top performing or laggard fund, do we need to move? All funds in the portfolio are entered after considering all aspects, but given market volatility, few…
Continue reading →The latest freefincal Equity Mutual Fund Performance Screener is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds with a higher return than a benchmark at a lower risk. Inside, you get discounted links to our robo advisory tool…
Continue reading →In his new book, Same as Ever, Morgan Housel says, “A good summary of investing history is that stocks pay a fortune in the long run but seek punitive damages when you demand to be paid sooner.” “Consider a long stretch of history, from 1871 to 2018. During that period, the odds that the US stock…
Continue reading →Investors often fixate on the returns of their investments. Some prefer higher returns and are willing to take on more risk, while others prioritize a guaranteed return with no threat to their principal investment. However, there are more aspects to consider in investing than just the returns. While it could be argued that real returns…
Continue reading →A subscriber to our YouTube channel asks, “How many equity funds are required for adequate diversification?” At first glance, the answer seems easy, but it is not. Diversification can refer to diversification across asset classes like equity, fixed income, gold, and real estate or diversification within an asset class. We believe the subscriber refers to…
Continue reading →We list the 2023 calendar year returns of 180 indices. (different asset classes, different geographies, predominantly Indian). Total returns have been used where possible. Note: The list is only meant to serve as trivia. It should not used to make investment decisions! Winners here may turn losers after we start investing in them! The year…
Continue reading →We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low…
Continue reading →“Is AI necessary in investment advisory? Will it make a difference?” was one of the responses we received for this article: Retirement Planning with AutoGPT: The Informal Future of Investment Advisory. The truth is AI is already well and truly here and here to stay. At the time of writing, in areas relevant to us,…
Continue reading →In Jan 2023, Pretorius shared his investment journey for our reader story section: How I learnt to keep it simple and build a net worth 19 times my annual expenses. This is an update. Thank you, Pretorius! About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of…
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