M. Pattabiraman's Blog, page 292

Step-by-step guide to plan for your child’s education and marriage

Here is a step-by-step guide for planning your child’s education and marriage. 1. When to start planning. The moment the pregnancy is confirmed! 2. What do to first? Evaluate your insurance cover and...

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What is the real purpose of a Financial Plan?

What is the objective behind creating a  financial plan? Who is it meant for?  Do young earners or DIY investors need the services of a fee-only financial planner to create a professional plan? In...

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Update: Download Version 2 of the Freefincal Robo Advisory Software Template

This is an update to the Freefincal Robo Advisory Software Template released in Sep. 2017. The robo template is free to use and can be used to create a "start-to-finish" money management solution for...

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Why not invest in multiple mutual funds to “average” out returns?

You would be surprised as to how many people ask, Why not invest in multiple mutual funds to "average" out returns? and how often such an advice is provided in the media and in real life too! This...

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Lump sum vs SIP investing in mutual funds: Which is “better”?

Lump sum vs SIP investing: Which is "better"? You might have heard this question often in personal finance forums. Perhaps you have thought about this yourself. In this post, let us trace the...

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As long as my fund is a category topper, why should I compare it with a benchmark?

I received this interesting question from R Siva Prasad: "Sir, While selecting/screening a mutual fund, you advise to compare it with benchmarks. But I want to compare with Mutual Funds in the same...

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Fee-only India: launch of a movement to serve investors and advisors

Yesterday (Sep 24th) saw the birth of  Fee-only India, a coming-together of SEBI registered fee-only financial planners at Mumbai. Ashal Juahari, admin of Facebook group Asan Ideas of wealth and I...

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Freefincal Q & A: Saving vs Spending – What is the purpose of life?

Each week, I try and answer generic questions from readers. Here is this weeks edition. You can use the form below to ask your question. Announcement: As part of Diwali sales, my first book: You can...

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Insight: Screening for mutual funds with consistent outperformance

When we wish to choose a mutual fund, it is reasonable to expect it to have beat a benchmark (either the one chosen by the fund house or one representative of its category) consistently - say 8 times...

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Should I use cashless hospitalization facility or pay and then reimburse?

There are many who believe that cashless hospitalization facility available with medical insurance policies can be misused by hospitals and that it is better to pay cash and the reimburse it via the...

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