Each Monday, a roundup post is published with three or four segments:
(1) a list of posts published the week before, just in case you were unable to read them last week (2) a short note on a physics fact. (3) short notes or links to financial stuff I read last week. I read very little, but would like to force myself at least for the roundup post. (4) a short list of posts from the for the benefit of new readers. archive The week that was … An update to help users account for mid financial year interest rate change in 2011 #> Calculating returns by including dividends has often been a confusing topic. A illustration that might help #> Use the worksheet created by Dr. Uma Shashikant in her workshop to access your financial life #> A step-by=step guide to calculate asset allocation for a financial goal #> A list of insurance comparison portals which do no require your real email and mobile number. Thanks to readers for their contributions. #> A look at online privacy and why it is important to read terms and conditions #> An instinctive post on my learnings from the FB group, AIFW. #> Ways to be secure online without compromising on convenience. #> From the archive #> What is frugality and how it can help with money management
#> Who is a contended investor? #> Wrote a four-part series on goal-based investing a while back. This is part I: The bipolar universe
When it comes to mutual funds, the taxman has a simple way of qualifying them:
Equity: greater than 65% Indian equity and non-equity: less than 65% Indian equity.
Turns out the Universe has a similar (and permanent!) bipolar classification when it comes to particles (electrons, protons, etc.).
Fermions: Identical particles can never merge as one. This seems like a needless rule. After all, identical twins can never become one! If one twin sits on top of another twin, you can still tell them apart (as two individuals).
Examples: electrons, protons, neutrons.
Bosons: Identical particles can merge as one! The necessary conditions are, they should not interact with each other and their speeds should be greatly reduced. In fact there is no limit to how many particles can merge as one!
Recall the scene in
robot where there were 100s of Rajnikanths? If they were bosons, they could spontaneously merge into one Rajinikanth! This process is called Bose-Einstein condensation.
Bosons are named after Satyendra Nath Bose. When his initial attempts to publish his theory was rejected, he sent it to Einstein. Einstein translated it into German and made sure it got published in 1924.
Example: Photon (the packet that represents light energy).
"SatyenBose1925" by Unknown - Picture in Siliconeer. Licensed under Public Domain via Wikimedia Commons -
Finally, happy to learn that ICICI has made it easy for regular plan SIP investors to shift future SIP installments to direct plans funds. Thanks to Mahesh Mirpuri for sharing this at AIFW.
Here’s hoping we all have a good week ahead.
Subscribe to get posts via email
"How to" articles; unbiased analysis; free, yet comprehensive calculators and money Management solutions delivered to your inbox!
Buy our New Book! You Can Be Rich With Goal-based Investing A book by P V Subramanyam (subramoney.com) & M Pattabiraman.
Hard bound. Price: Rs. 399/- and Kindle Rs. 349/-. Read more about the book and pre-order now! Practical advice + calculators for you to develop personalised investment solutions Thank you for reading. You may also like About Freefincal
Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.
Blog Comment Policy
Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.