M. Pattabiraman's Blog, page 66

Index fund tracking error screener Jan 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...

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Choosing index funds is good, but more crucial factors must be considered first!

Many investors seem to believe their long-term goal planning is done if they choose an index fund or two! Unfortunately, an index fund is just a product. Choosing a product without due process won’t get us anywhere unless we ride on luck. The first step is always when we need the money and how we...

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ETF tracking error screener Jan 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,...

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Everything I want my family to know about our finances is here

I maintain a document named “Where is our money?”. This document captures everything I want my family to know about money if I were to be in a position not to tell them—maybe because I am dead or in a coma or prison—or something more pleasant, like being in a Vipassana camp. About the author...

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How I audit my portfolio without tracking returns

In this edition of the reader story, 31-year-old Mr Yo (name withheld on request) explains how he has systematically structured his money management and tracks his financial goals. This is a follow-up to his previous audits: How I track financial goals without worrying about returns. (2021), My net worth grew 33% last year, but my focus...

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I start this year debt free with a 6.5X retirement corpus

Avadhoot reviews his investment portfolios in his 3rd audit for freefincal. His first two audits are linked below. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at the bottom of this article. You can also access...

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How I became a victim of identity theft and loan fraud

I am a 36-year-old mechanical engineer working in a multinational company. I have been a Facebook group Asan Ideas for Wealth member for over two years. I want to share the story of the personal loan fraud that happened to me. The idea of sharing this is to make everyone aware of the risks. About...

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A beginner’s guide to retirement planning

We simplify retirement planning into nine easy steps to help beginners start their journey. For this process, we’ll work with the assumption that retirement is 25 years away. The first step involves defining your target. The purpose for the funds and the timeline for when they are needed are already established, accounting for 25% of...

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Can higher investment returns compensate for my low income?

A significant realisation strikes us as we complete our college education and enter the workforce. We discover what our school and college peers are up to, their lifestyles, probable income, and more. We start to determine our relative position in life. So, what should a relatively young individual with a “low income” do to reach...

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Which should I sell to rebalance? Top performer or bottom performer?

A reader says, “I have a query in portfolio rebalancing. When we are moving excess funds from equity to debt (based on asset allocation), normally from which asset, i.e. top performing or laggard fund, do we need to move? All funds in the portfolio are entered after considering all aspects, but given market volatility, few...

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