Recently as of 20th September, many of you would have started seeing failure regarding SIPs. Many SIPs are failing with this error past few weeks surprisingly your old SIPs are running fine. You would ask your MF Agent, be it apps like Kuvera, Groww or even direct mutual fund investments in their AMC website. You…
In the last blog, we looked at how to use “deductible” effectively to reduce the insurance premium. Here we are going to look at the difference between Topup and Super topup. The purpose of these health plans is the same. Avail higher coverage while keeping the premium costs lower. First, how do these health plans…
This blog is to explain at a very high level, how a financial plan is created. The steps involved and the analysis required at a high level in creating a financial plan. There is a lot of risk involved in the DIY Financial Plan, I believe the benefits to a larger crowd outweighs the risk…
The previous blog here talked about how an Emergency Fund is the fail safe to create a financial plan. There were couple of friends, who pointed me to write about other pre-requisites. So what are the “Pre-requisites in creating a financial plan”? Do we drive just because we know to drive and have a helmet…
Have you heard of RBI Retail direct? (https://rbiretaildirect.org.in/#/) This is a way to invest in Govt primary issuances (and re-issuances) of government securities. Some key aspects of RBI Retail Direct – Retail investors can Invest directly in govt securities Access to primary market issuance Ability to trade in the secondary market Invest directly using RBI’s…
Investing in turbulent markets is really tough. We are in testing times now, with inflation peaking and Central banks rushing to increase the rates to ease the inflation. The stock markets are moving sideways, and all investment avenues don’t look so attractive as it did 6 months back. One of the biggest problems I personally…
Firstly, I am a big fan of goal based investing and not just creating a simple portfolio overall. But this trouble free portfolio can be used to beat inflation and achieve your financial goals. If your attitude towards investing is, I don’t want to keep tracking on a monthly basis and make changes, but have a…
So now we know from this blog, that we take life insurance to protect our human capital (if you don’t know what this is, read up here). Firstly, one of our major financial capital is the house we build. How do you protect that? What protection does a physical construction like a house need? Well,…
A Goals and retirement calculator using excel which helps you to plan your goals and retirement. Meanwhile, this calculator is being enhanced right now. NOTE – Remember this calculator excludes health insurance and medical costs. Remember these two things, Good corpus separately for medical emergencies Good cover of medical insurance Firstly, the entire basic goals…
The industry advertises so much about Systematic Investment Plan, there is almost no one who advises people on what happens when you want to withdraw your investment for a goal. This is where Systematic Withdrawal Plan is very important. Just like investing fully in a bulk is a bit risky, withdrawing in bulk also is…
