Some time ago, I came across an amusing conversation in AIFW. It was on – Buying a House vs invest the EMI amount in the mutual fund. It was amusing for me because Pattu Sir and Ashal too got taught about investing in that thread.… read more
Personal Finances and Investing
Here is Personal Finance Planning steps that would help you in managing your finances. These Personal Finance Planning Steps are from the Personal Finance Guru Ashal himself.
How many of you do agree that your personal finance life is cluttered, complex, aimless?… read more
Financial Emergency is like a laddoo, if swallowed like a novice, its going to be your undoing. Thats why you normally get gyany responses like “bite only as much as you can chew” etc.. To get rid of half gyan you have accumulated through the years this post tells you “how to wolf down a laddoo”.… read more
Many times you would have come across personal finance acronyms on leading personal finance group on Facebook “Asan Ideas of Wealth” and couldn’t make head or tail of it. Here is list of personal finance acronyms/catch words and their expansion/meaning.… read more
Over the course of time,I am having lots of people asking me lots of basic questions about Mutual Funds. Since I have less time go through each of their questions repeatedly, here is some info to help you in getting started with mutual funds.… read more
Uncertainty & Risk are 2 towers of Statistical World. Uncertainty is like dark lord sauron who could take the land underneath your feat, risk is just a evil wizard.
the statistical definitions of both are.
Risk is when we don’t know the outcome, but we know the probabilistic distribution of outcomes.… read more
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Investing in equities and equity mf’s is like getting married. You need to think of long term to get it work.
My journey of personal finance started in 2007 when I saw my uncle keep track of all his expenses in Excel spreadsheet. The idea of using Excel as Personal Finance Tool got me inspired and I too started keeping track of my expenses in excel spreadsheets.… read more