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Post by superman on Mar 29, 2011 10:32:12 GMT -5
Does any one read CNN finance's 'ask the expert' column? I used to read regularly but off late, I feel the questions from readers does not apply to Indian couple in foreign lands.
What sites you suggest to keep up with financial knowledge and handling of finances in every week basis?
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Post by sportsisking on Mar 29, 2011 13:28:57 GMT -5
I read MSNBC and WallStreet. But so far haven't learnt much as all my investing is through MFs and 401K fund allocations.
Want to engage in active trading but have stayed away due to lethargy.
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Post by modus_operandi on Mar 29, 2011 14:02:31 GMT -5
I follow diehards.org group for investing. I also read the the finance buff blog.
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Post by sportsisking on Mar 29, 2011 14:26:04 GMT -5
Can you post the links as I did not get where this finance buff blog is at ?
Thanks!
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Post by modus_operandi on Mar 29, 2011 14:30:42 GMT -5
Can you post the links as I did not get where this finance buff blog is at ? Thanks! here it is thefinancebuff.com/ |
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Post by iplrocks on Apr 11, 2011 10:31:47 GMT -5
I try to follow the simple philosophy of bucketizing. Everything earned (income, interest, gains) get bucketized on priority basis. Priorities are short term targets and long term targets. Short term are kid's education, emergency medical expense allocation, trips/vacations and long term are retirement and long term medical care after retirement. Don't consider the everyday/every month expenses in these priorities.
One should start an AAP on their own and then tweak based on expectations and returns. Regular reading of online advices as well as monthly letters of investment houses should help.
I usually rebalance my 401k and other investments twice a year. Once just before the bear market's swing starts between Feb-march and then again in Sept-Oct. Historically the markets dip twice and dollar cost averaging and moving the funds around while tracking these dips help.
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Post by blackstorm on Apr 12, 2011 8:58:00 GMT -5
What is the expected gain in portfolio over years.
Rule of 72 is for determining the rate of return for money doubling. i.e. if an amount doubles in 12 years, rate of return is 6%.
But in current economy, it is not doubling in 12 years with balanced portfolio of stock,bonds,RE, cash, Money market etc . But inflation is rising stadily (Gas touched $4.37 in CA and food and other expenses will rise accordingly). How do you get higher return without being too risky?
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Post by happyparent on Apr 12, 2011 9:15:57 GMT -5
What is rule 72?
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Post by blackstorm on Apr 12, 2011 9:25:17 GMT -5
If you want to determine quickly, rate of return with number of years it takes to double the money, then you use rule of 72. For 12% interest, it takes 72/12 i.e. 6 years. Same way, if it takes 8 years to double money, then rate of interest is 72/8 = 9% Instead of complicated equations of computing compound interest, rule of 72 makes it easy. For example, in India KVP takes 6.5 years to double. Then rate of return is 72/6.5 ~ 11%. |
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Post by ShankarDada on Apr 12, 2011 10:57:10 GMT -5
If you want to determine quickly, rate of return with number of years it takes to double the money, then you use rule of 72. For 12% interest, it takes 72/12 i.e. 6 years. Same way, if it takes 8 years to double money, then rate of interest is 72/8 = 9% Instead of complicated equations of computing compound interest, rule of 72 makes it easy. For example, in India KVP takes 6.5 years to double. Then rate of return is 72/6.5 ~ 11%. This rule of 72 is an easy approach to calculate rate of return (ROR) mentally. But one need to consider that it is more accurate when the ROR or # of years to double is around 8 or 9. Accuracy of this formula decreases as these figures move away from 8 or 9. Take for example, if amount doubles in 1 year. ROR, according to this formula is 72%, instead of expected 100%. You can find more on this at en.wikipedia.org/wiki/Rule_of_72 |
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Post by dambodambo on Apr 18, 2011 10:43:27 GMT -5
SD,
Thanks. Yes, it makes sense to use it for cruder ROR than actual rate. Can you share some of the investment wisdom nuggets as well?
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Post by courtneywalsh on Apr 19, 2011 7:52:45 GMT -5
Any advice on how to invest in Indian Stock Market?. Can you buy Silver as a stock?. It seems to shoot through the roof every day.
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Post by iplrocks on Apr 21, 2011 23:07:51 GMT -5
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Post by happyparent on May 2, 2011 15:04:57 GMT -5
Can you please elaborate on how do I start with silver EFT's?
I am totally new to any kind of investment and any small tips on how to start is of great help.
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Post by iplrocks on Jan 25, 2012 15:21:32 GMT -5
Doing the year end taxes estimate now and asset allocation decisions.
Cash is now 20% of our assets .. For our age (mid 40s), it seems like a lot but we don't want to invest too much in stock market seeing the dismal returns.
What would the investment savvy members do? Buying RE in India using that cash might be one way but we don't have family back home to take care of it.
Any suggestions?
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