Personal Finance Rule 6 – ‘Free Advice’ is Expensive

Free Advice is expensive in the long run

Personal Finance can be a complicated topic. In this post, we see how professional, unbiased advice helps individuals get an optimized and comprehensive view of their personal finance. This is so even if the advice needs to be paid for. This article is a companion post to the India version of Harold Pollack’s Index Card […]

Embassy Office Parks – Should you invest in India’s first REIT?

Embassy Office Parks REIT

Real Estate Investment Trust (REIT) is a very interesting financial product. A lot of savvy investors in the developed countries use REIT to provide better income than typical bonds. The regulatory structure in India for REIT has existed for a few years. The very first product in this space is being spearheaded by the Embassy […]

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Best Mutual Funds – Selection using DIY Criteria

Best Mutual Funds - DIY criteria

Best Mutual Funds? ‘Best Mutual Fund’ is one of the most common question/search term in personal finance. There are tons of sites that offer a list of Best Mutual Funds, Best Largecap Funds, Best Liquid Funds, etc. Most, but not all, of these sites also list the parameters that they have used to come up […]

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Personal Finance Rule 7 – Buy a house only when financially ready

fiancially ready for housw

Buying a home is one of the biggest decisions that an individual makes. In the present context, it is usually an emotional decision to buy a house. This short article looks at the financial factors to be considered before this big decision. This article is a companion post to the India version of Harold Pollack’s […]

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Personal Finance Rule 5 – Tax Savings is not mandatory

Rule 5 - Tax Savings is not mandatory

This short post warns against excessive focus on investing to simply save taxes. This results in sub-optimal results. This is a companion post to the India version of Harold Pollack’s Index Card – Pollack’s Index Card: All the financial advice that you ever need – India version What are Tax Savings? While the term tax […]

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Personal Finance Rule 4 – Boring is Better

Boring is Better

One of the most complex aspects of personal finance is to choose among the myriad of investment options available. It is easy to mistake a complex, slickly presented product to be a better product. This post puts forward the view that the reverse is often true – a simple, easy to understand product is better.  […]

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Personal Finance Rule 3 – Max out all forms of PF

EPF PF VPF

This short post reiterates the importance of an essential debt component of any portfolio in India – Employee and Public Provident Fund.  This is a companion post to the India version of Harold Pollack’s Index Card – Pollack’s Index Card: All the financial advice that you ever need – India version. While there are different […]

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Personal Finance Rule 2 – Pay your credit card bills in full

Person with credit card terminal

This short post reiterates the importance of avoiding an extremely harmful behaviour for your financial health – carrying credit card debt.  This is a companion post to the India version of Harold Pollack’s Index Card – Pollack’s Index Card: All the financial advice that you ever need – India version Very simple rule – Pay […]