A reader asks, “Can we include our own living property/house in total net worth? I had some discussions with friends about a particular case – where the total net worth will be significantly higher than the required retirement corpus if the living house/property is included”. “It’s an independent house in Chennai (NOT a flat!) And…
Continue reading →When most people use a retirement calculator for the first time, they are shocked to see the corpus required and the amount they need to invest. See, for example, the results of a retirement planning exercise. Then they assume there is no hope for them and a financially independent retirement is out of reach. That…
Continue reading →Owning a home is a cherished dream for many in India. It represents a significant milestone in one’s life, providing a sense of security, stability, and pride. However, the path to homeownership often entails availing of a home loan, which may span several years. While it brings us closer to our dream home, it exposes…
Continue reading →FIRE, an acronym for ‘Financial Independence Retire Early,’ refers to achieving early retirement. In India, the conventional retirement age is typically 60. However, if you aspire to retire significantly earlier than this standard age, around 40 or 45, it is referred to as FIRE. About the author: Ajay Pruthi is a fee-only SEBI registered investment…
Continue reading →It is the dream and responsibility of every parent to guarantee that our children have the freedom and ability to pursue their desired path in life. Additionally, it would be ideal for our children to begin their professional journey without the burden of an educational loan. So it is vital that we strategically plan and…
Continue reading →A viewer on our YouTube channel asks, “Sir, How can I identify my risk appetite? Please let me know the points to consider when deciding asset allocation. Thanks.” Many investors believe their risk appetite falls under three categories: low, medium and risk. They also assume risk appetite refers to “how much risk we can handle”….
Continue reading →This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of…
Continue reading →We present a simple spreadsheet to review and audit your goal-based investment portfolios. Over the years, we recognised the need for a tool beyond financial planning and portfolio value/return tracking. A financial planning calculator tells you the target corpus for a goal and the investment amount required. A portfolio tracker only tells you the current…
Continue reading →Here are eight investment truths hours and hours of number crunching and data analysis have taught me. I have always believed that mathematics is the language of nature and that a truly open-minded analyst has a chance of appreciating the “truth” or even attaining nirvana! 1. There is no evidence that long term investing is…
Continue reading →A Facebook group Asan Ideas for Wealth member recently posted a question about onsite assignments and action to be taken with current investments in India. We asked SEBI registered flat fee-only investment advisor Chandan Singh Padiyaar to expound on his reply to the question. It is reproduced here with the member’s permission. About the author:…
Continue reading →This article discusses how to track monthly expenses and manage them efficiently. This is one of the steps in our Free ebook: Re-assemble Step-by-step money management basics. If you ask me now, “How should I track expenses?” I would say, “Do not track; invest first and spend later”. See: How ten years of tracking investments…
Continue reading →Everyone needs to build a corpus to handle medical expenses either in the near future or after retirement. I discuss simple ways to build a corpus for medical expenses in this article. Remember that a corpus for medical expenses is not just for those who cannot buy health insurance due to ill health. Even those…
Continue reading →Let’s get rich with Pattu, produced by Ofspin is a weekly podcast on money management. We have completed 13 episodes so far. You can now listen to the show on nine different channels and watch us discuss money management on YouTube! Each episode will cover one aspect of money management – insurance, emergency funds, planning…
Continue reading →This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking and PSU funds etc. The credit quality of the bonds in the portfolio and the bond maturity profile…
Continue reading →A mutual fund is a financial instrument that pools money from the investor and invests on their behalf. As mutual funds become more popular, investors face difficulty making choices. Mutual funds are segregated into two main categories: active and passive mutual funds. If you invest through a broker, the most likely changes are that they…
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