M. Pattabiraman's Blog, page 62
February 26, 2024
Why creating passive income is essential for your retirement plan
Including one or more passive income sources in our retirement plan is crucial. It not only enhances our income and minimizes the risk of investments in the capital market but also helps us stay active and nimble—a strategy for achieving it. Passive income refers to any income source that requires minimal maintenance of the actual...
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February 25, 2024
My Stock Portfolio Analysis: Feb 2024
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...
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February 24, 2024
Should I use the new tax regime or the old tax regime for FY 2023-2024 (AY 2024-2025)?
If you are wondering whether you should choose the new or old tax regime for FY 2023-2024 (AY 2024-2025), this free calculator will help you decide. The tax slabs were unchanged in the interim budget presented on 1st Feb 2024. Announcement: Let’s Get Rich With Pattu! has been selected as one of the Top 15...
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February 23, 2024
Why most investors are wrong about their risk appetites!
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”. Both these notions are incorrect. Unfortunately, risk appetites cannot be quantified. Although expensive questionnaires with objective questions like “What will you do if the stock market crashes by...
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February 22, 2024
I have increased my equity allocation from 0% to 60% – what next?
A reader asks, “Thanks to the invaluable learnings in Freefincal articles/talks, after the last 3-4 years of sustained effort (nearly all of it after missing the Covid times in the market), I am close to bringing my target distribution from a ~0%: ~100% to 60%: 40% (Equity: Debt). I have tried to do it as...
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February 21, 2024
Will gains from Parag Parikh Dynamic Asset Allocation Fund be taxed as per slab?
In response to our article – Parag Parikh Dynamic Asset Allocation Fund: Who should invest? – many readers are not clear about the taxation status of the fund. Some even claim that it will be taxed as per slab. In this article, we explain the fund’s taxation status. Note: Tax rules change often. The rules mentioned...
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February 20, 2024
Debt and hybrid mutual fund screener (Feb 2024) for selection, tracking, learning
This is a debt mutual fund screener for portfolio selection, 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 PSU funds, etc. The credit quality of the bonds in the portfolio and the bond maturity profile can be tracked....
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February 19, 2024
Parag Parikh Dynamic Asset Allocation Fund: Who should invest?
Parag Parikh, Dynamic Asset Allocation Fund, is an open-ended dynamic asset allocation fund launching on Feb 20th. We discuss who can consider investing in the fund. According to the scheme flyer, “The fund will predominantly invest in debt instruments and endeavour to maintain equity allocation between 35% and 65%* (some of it will be hedged...
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February 18, 2024
What is the best way for college students to start trading?
College students often ask me: “What is the best way to start trading?”. They probably expect me to belt out learning resources and the best demat account. But I usually disappoint them with the following response. To make significant money from trading, one needs significant capital, which college students are unlikely to have. Trading involves...
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February 17, 2024
A money management checklist for young earners
Here is a money management checklist for young earners to start investing right. This is aimed at those about to start their careers or those who have started working in the last few years. Use your first paycheck and make your parents and the rest of the family happy. Use your second paycheck to get...
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