M. Pattabiraman's Blog, page 63
February 16, 2024
How I Rebuilt My Finances After a Personal Tragedy
In April 2023, 31-year-old Abhineeth shared his plans for achieving financial independence and buying/constructing a decent house for his family. In his second audit, he shares how he rebuilt his finances after a personal tragedy. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers....
The post How I Rebuilt My Finances After a Personal Tragedy appeared first on freefincal.
February 15, 2024
Index fund tracking error screener Feb 2024
This index fund screener is based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help to understand how tracking a midcap index or the Nifty 100, 500 differs from tracking the Sensex or...
The post Index fund tracking error screener Feb 2024 appeared first on freefincal.
February 14, 2024
How much do I need to retire at 40 in India?
Last Updated on February 15, 2024 at 6:00 am We recently received two questions which would be interesting to discuss together: (1) How much do I need to retire at 40 in India? (2) What should be the portfolio size in terms of x(annual expenses) so that we could maintain 60:40 post FIRE/retirement (at early...
The post How much do I need to retire at 40 in India? appeared first on freefincal.
February 13, 2024
Should I avoid portfolio overlap between mutual funds used for different goals?
A reader has multiple questions on goal-based investing, and we address them inline below. “I am 32 years old and have been investing in MF for the past three years, PPF for the past 9 yrs, and SSY for the past 5 yrs. I have two doubts about goal-based investments”. “1) I have mapped my...
The post Should I avoid portfolio overlap between mutual funds used for different goals? appeared first on freefincal.
February 12, 2024
The pitfalls of conventional retirement planning calculations
SEBI-registered flat fee-only advisor Swapnil Kendhe explains the pitfalls of conventional retirement planning calculations. About the author: Swapnil is a SEBI Registered Investment Advisor and is one of the sought-after advisors on the freefincal fee-only financial planners’ list. You can learn more about him and his service via his website, Vivektaru. His story: Becoming a competent & capable financial advisor:...
The post The pitfalls of conventional retirement planning calculations appeared...
February 11, 2024
ETF tracking error screener Feb 2024
This ETF screener is based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how efficiently an ETF has tracked its underlying benchmark. Update: 76 ETFs are now covered. The tracking error is the ETF’s standard deviation minus index monthly return differences. The lower the tracking error,...
The post ETF tracking error screener Feb 2024 appeared first on freefincal.
February 10, 2024
Build wealth by measuring your progress with these milestones
Here are a few personal finance milestones that can help you gauge “where you stand today” on the road to wealth. We will assume the basics like insurance, emergency fund, and goal planning are in place. If not, we recommend this free e-book: Re-assemble Step by Step Money Management Basics. 1. Your Liquid Networth exceeds...
The post Build wealth by measuring your progress with these milestones appeared first on freefincal.
February 9, 2024
How confident are you about your investments?
We do not need intelligence to make money. We do need the smarts to make money. We need clarity, discipline, confidence, or conviction to stay the course. Today we have many free and paid materials on managing our money. One could learn to DIY from scratch without professional financial advice. However, very few are successful....
The post How confident are you about your investments? appeared first on freefincal.
February 8, 2024
Did you know: The SIP and EMI are closely related!
It turns out that there is a close connection between investing and borrowing (getting a loan). Those familiar with the formulae would tell you that they are identical! Here is how a home loan EMI can be understood in terms of a lump sum and monthly SIP investment. Suppose we want a loan of Rs....
The post Did you know: The SIP and EMI are closely related! appeared first on freefincal.
February 7, 2024
How to review your investment portfolio?
In this article, we discuss simple tips to review your investment portfolio. Every portfolio requires a personalized benchmark for comparison. Our long-term goals, particularly the money required for these goals, form natural benchmarks for a portfolio review. First, the basics should be in place before we start investing or immediately after: Emergency fund Life Insurance...
The post How to review your investment portfolio? appeared first on freefincal.
