I have not addressed the issue of how to actually make a plan for a particular goal. How much to invest each year, and how should the portfolio grow every year? I will address these in this article, I will provide a step by step process to make a very simple goal-based investment calculator using excel......
Portfolio rebalancing is a risk managing/mitigating strategy. As time passes actual asset allocation deviates from the desired asset allocation. This happens due to different assets growing at different rates. At a fixed period or when the deviation crosses a certain level, rebalancing is done......
Both diversification and asset allocation are quite popular terms. Yet many of us don't realize that we don't understand these completely and they are usually used just to sell more financial products.........
Financial Planning is the process of determining how much your saving and spending should be, considering your particular situation. It also determines the optimal way to use the savings in such a manner......
In the Facebook group 'Asan Ideas for Wealth' question about the emergency fund is usually asked every month. Most popular question being, where to invest the emergency fund? Most of the time I reply with the same answer, keep your emergency funds in saving account, at max you can have a sweep facility.......
There are so many articles out there with a headline resembling the heading of this article. Even I tried initially to write an article that could work as a comprehensive guide for a beginner.…
Debt funds invest in fixed income instruments, popularly referred to as bonds. Bonds have fixed maturity and most of them pay a fixed interest rate. They can be issued by the government, by PSUs or by private corporations.........
I have already written an article about which mutual fund category to choose, I would recommend you to stick to those categories. But, the question of how to select a fund from a category still remains, so let's address it......
You should first determine whether you want a mutual fund for equity or debt portfolio. For equity portfolio, you can select a fund belonging to one of these categories, Aggressive Hybrid Funds, Large Cap Funds, or NIFTY/SENSEX Index Funds.........
The most effective way to distinguish mutual funds is on the basis of the assets. Mutual funds are of four major categories based on the asset class.......