Calculators · Financial Planning · Investing Humour · Investments · Life Skills · Money Management · ServeTM

How Investing is much like Driving

In 1995, I had a choice between buying a Maruti 800 and a Premier Padmini. Buying the Ambassador was ruled out. And to get a Maruti 800, I had to wait for 6 months. The ever snappy boss cryptically called up and asked, “More interested in car or the career?” So Premier Padmini it was..… Continue reading How Investing is much like Driving

Calculators · Financial Planning · Investments · ServeTM

How to Set-Up Your Personal Financial System

Investing is much like driving a car. You start with driving lessons on an old car and then graduate from a simple car to a high end car. And you don’t need to be an automobile engineer to drive a car. And the driving lessons are not rocket science too. You just need to figure… Continue reading How to Set-Up Your Personal Financial System

Calculators · Life Skills · Money Management · ServeTM

Asset Allocation: Your Investment Game Controls

In investments, we all want to time the markets or select the “best” stock, mutual fund or any other investments. We find out later (the hard way) that they are not in our control mostly. But there’s something that’s in our control and that’s called asset allocation. Let’s understand this thing that’s called asset allocation.… Continue reading Asset Allocation: Your Investment Game Controls

Calculators · Life Skills · ServeTM

The Time Value of Money

While much of money management is managing emotions, a part of financial planning is based on mathematics. But fortunately the mathematics is not really complicated. You probably learned the basic principles in school. For example, one of the concepts is that principal multiplied by interest rate over time equals interest earned. Interest = Principal × Interest… Continue reading The Time Value of Money

Calculators · Investments · Life Skills · Money Management · Mutual Funds · ServeTM · Stocks

Pattu’s FreeFinCal: Mutual Fund and Stock Analytics Portal

Pattu teaches Physics to IIT-Madras students and is a DIY evangelist when it comes to personal finance. FreeFinCal is a rich resource of excel calculators that can help you with your money decisions. What started as an effort to optimize his own personal finance has now evolved into a popular & powerful platform. Let’s hear… Continue reading Pattu’s FreeFinCal: Mutual Fund and Stock Analytics Portal