Howard Marks, a founder and principal at Oaktree Capital, is considered a legend in investing. He also writes a memo regularly describing how he sees the world, economic environment, own investing philosophy, and many other things. While each of his memos is to be savoured, a one particularly interesting one is from April 2007. It […]
Is having a personalised financial plan worth it?
So much has been written about financial planning and the need to have a financial plan, I probably don’t need to tell you more as to how you can benefit from it. What are they key triggers to help you if you need it too? Do you feel that your approach towards your money is […]
Liquid Funds cut off time for investment changed & exit load
As you are aware, the cut-off timings for applicability of Net Asset Value (NAV) in respect of purchase of units in liquid / overnight funds is being changed to 1:30 P.M instead of 2:00 P.M with effect from the date as may be communicated by the respective AMCs. Also, to comply with the SEBI directives, […]
The best investment plan for retirement
This is the best investment plan for your retirement. At least, this is what was told to me by the bank relationship manager when he called up. I asked him to forward an email with the details. The email subject was enticing – Ashish’s Freedom Retirement. I was so happy to know that someone is thinking about my […]
Buy vs Rent a house – Which is better? A comprehensive calculator
One of the all time, most argued topics has been buy vs rent a house. I still remember sitting with my friends, years ago, discussing (in fact, arguing) as to which option is better. One of us was for buying a house and the other was clear as to “Never”. I only realised much later, […]
Franklin India Dynamic PE Ratio Fund of Funds – Change in Fundamental Attribute
If you are invested in Franklin India Dynamic PE Ratio Fund of Funds, know that there are some fundamental and important changes being carried out. #1 It is getting a new name The fund will now be Franklin India Dynamic Asset Allocation Fund of Funds. It has an expanded mandate now. What is that mandate? […]