Have you accounted for Lifestyle Inflation?
On analysing the portfolios of large number of investors, I find that that once they start their Systematic Investments (SIPs, STPs) to build a corpus, with or without specific goals, there is a tendency to feel that their personal finance is in place. Specifically, when SIPs are started in equity funds, investors feel that it’s the universal panacea for all their financial needs. Let me explain it further with an anecdote. Vikram, aged 25, is...
Debate on Debt MFs
Greetings from PenguWIN In this blog, I would like to compare and contrast Debt Mutual Funds and other traditional Fixed Income products. In my earlier note on decoding the jargons, I had briefly explained about Debt MFs which you might want to refresh before reading further. Like a commercial break, I would like to deviate a minute and mention about 2 of our new partners (more than 3 months old now) that we have tied...
Deepavali 2018 and SIP for My Retirement
Deepavali is a special day for most of us. During my childhood days, Deepavali used be my favourite day in the entire year, more precious than my birthday, last day of school closing for annual leave or other festival days. Its not the new clothes, savouries, sweets, meet and greet family and friends that made the difference but the Crackers! Things have changed a lot in the past 2 decades, when the interest level for...