tag:blogger.com,1999:blog-81788244732575712272024-03-06T14:58:02.017+05:30Finance ExplainedBasics and fundamental of Finance, Personal Finance, Mutual Fund, Stock Market, Retirement savings and much more explained in simple termsvijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-8178824473257571227.post-69709179025093637222024-03-06T14:37:00.004+05:302024-03-06T14:41:53.630+05:30Smart Budgeting: How to Take Control of Your Finances and Achieve Your GoalsIn today's fast-paced world, managing our finances effectively is crucial for achieving our financial goals and securing our future. One of the fundamental tools for financial success is budgeting. By creating a budget and sticking to it, we gain control over our spending, prioritize our financial goals, and build a solid foundation for long-term financial stability.Understanding Your Income and vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-28866349533616896492023-11-06T13:50:00.000+05:302023-11-06T13:50:00.597+05:30Common Costly Personal Financial Mistakes You Should AvoidYour personal finance journey is shaped by the decisions you make. Avoiding common financial missteps is essential for lasting financial stability. Discover the prevalent mistakes people make and how to secure your financial future in this guide.Facing Financial RealityThe initial step towards improving your financial situation is acknowledging that it may not be in ideal shape. The real vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-5184818403097569152023-09-05T12:05:00.001+05:302023-09-05T12:05:32.325+05:30The Fisher-Graham Investing Debate: Quality vs. ValueWarren Buffet's comment about his investment strategy is one that most people involved in the stock market have read at least once... "I’m 15 percent Fisher and 85 percent Benjamin Graham".Here's an attempt to help newcomers grasp what's being said. Philip Fisher approach was qualitative understanding of the business and it's management while Ben Graham taught quantitative understanding of price vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-90652804458400166082023-05-26T10:25:00.001+05:302023-05-26T10:25:03.931+05:30Decoding Technical Recessions: What They Mean for the Economy in Simple TermsWith news around Germany sliding into a Technical recession, here's basic explainer.Introduction:Economics can be full of complex terms and ideas that may sound intimidating, but they have a big impact on our daily lives. One such term is a "technical recession." In this blog post, let's break down what technical recessions are, what they mean for the economy, and how they affect us in simpler vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-2849253726389093862022-05-04T17:42:00.001+05:302022-05-04T17:42:03.521+05:30What is India VIX - the volatility indicator?If you have spend sometime in Stock market, you would have come across India VIX indicator whenever panic strikes. So what does it mean and what it represents?The Indian Volatility Index in short is referred to as India VIX. As name suggests, this index measures the volatility of the market. Index helps in understanding if the market participants are feeling fearful or complacent about the vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-77193172951659581362022-04-11T13:09:00.004+05:302022-05-30T11:24:08.560+05:30Inverted Yield CurveOne of the finance term which has suddenly gained lot of attention is 'Inverted Yield Curve'. So let's understand what does the Inverted Yield curve mean and what it indicates.Yield curve is basically graphical representation drawn on expected interest (called yield) to be received on government bond (called as G-Security, Treasury bill, GILT etc) over different maturity period. Under normal vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-23558107290513072002021-12-27T13:20:00.001+05:302022-05-30T11:27:47.178+05:30CAGR meaning and calculationCAGR or Compounded Annual Growth Rate refers to the mean annual growth over given period of time. To simply put, it shows the average annual return generated over a period of time thereby smoothing out any spikes or drops from the return over a period.
Let's take an example - you invested in a stock "A" at the beginning of year 2019 at Rs 1,000 and at end of year 2020 it's trading at Rs 500 and vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-54719720766059645122021-10-13T10:05:00.004+05:302022-05-30T11:32:03.475+05:30Debentures explained
Definition: A debenture is defined as an instrument of debt executed by the company representing its obligation to repay the money at a specified rate and with an interest. It is one of the methods of raising the debt capital by company.
A debenture is like a certificate of loan or a loan bond evidencing the fact that the company is liable to pay a specified amount with interest and vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-46643147723706759592021-09-23T13:07:00.007+05:302022-04-28T22:03:22.875+05:30Dividend dates you must knowHere's quick guide for different dates you would read during Dividend announcement made by the Company and what does it signify -Dividend Declaration Date : Date on which the dividend is announced by the companyThis is the first trigger event, when company announces the dividend. This announcement includes details like dividend amount, total amount of dividend distribution and the record date (vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-64236470383423288992021-07-01T10:37:00.002+05:302022-05-30T11:29:06.950+05:30Free Cash Flow explainedIn simple terms, Free Cash Flow (FCF) refers to the amount of cash generated by the entity after accounting for reinvestment in non-current assets. FCF = Cash from Operations [-] Capital ExpenditureWherein, Cash from Operations = Net Income [+] Non-Cash expense [+] Changes in Net Working Capital. This number can readily be referenced from Cash Flow statement presented by the entity.Non-Cash FinXplainhttp://www.blogger.com/profile/01890390078708175842noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-75614733308243621672021-01-01T13:54:00.005+05:302022-05-30T12:15:55.032+05:30Income tax returns - Exempt IncomeIncome tax terminology can get very confusing at times and one of the most confused term is distinction of 'Tax deduction' and 'Exemption'. The lack of understanding leads to lot of people failing to report in the Exempt income in the Income Tax Return (ITR) filing. Understanding difference between 'Tax deduction' and 'Exempt income'Tax deduction refers to the amount of money that is allowedvijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-41094520504321279382020-12-29T13:46:00.005+05:302022-05-30T11:34:33.498+05:30What is Exchange Traded Fund (ETF) and Index Fund?For major participants in stock market - passive investing is the most preferred way. When it comes to passive investing - two of the most preferred way is investing via Mutual Fund SIPs or ETF. In Mutual Fund, easiest way to take the most balance approach is via Index Fund. It becomes imperative to understand this passive approach little more before embarking on long term wealth creation journeyvijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-68744229890780292722020-11-09T16:59:00.012+05:302022-05-30T11:42:01.315+05:30Sovereign Gold Bond (SGB) Explained What is Sovereign Gold Bond (SGB)?SGBs are government securities (issued by Reserve Bank of India on behalf of Government of India) denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price and the bonds will be redeemed at time of maturity.What is the advantage of SGB over actual physical gold?Purity of GoldThe quantity of gold for which vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-74390568044608477162020-10-15T18:38:00.011+05:302022-04-28T22:02:10.473+05:30Public Provident Fund (PPF) ExplainedThe Public Provident Fund is a sound savings cum tax saving instrument in India. Started in 1968 by the National Saving Institute of the Ministry of Finance. It is a long term saving instruments with stable return and zero capital risk, bundled with tax savings feature giving extra edge.Should you open a PPF account?This is ideal for an individual who are risk averse. Having said that, I vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-75772001726882138732020-10-09T15:14:00.008+05:302022-05-30T11:36:28.953+05:30What is Repo and Reverse Repo Rate?If you are tuned to stock market or general economic news, you would have heard this term come up every time there is central bank’s credit policy meet. Here’s an attempt to explain what does this rate mean? and how does it affect you?What is Repo Rate?We all put our money in bank or borrow from bank at particular interest rate. Similarly, rate at which central bank (in case of India – Reserve vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-32256766551357387002020-10-08T22:26:00.007+05:302022-05-30T12:15:27.489+05:30SIP investment calculatorMost suggested route in personal finance world to achieve long term financial goal is via making regular investment or popularly known as Systematic Investment Plan or SIP.Now, this brings important questionsHow much you can expect to save, if you invest an X amount for Y period at expected rate of Z%?How much return will differ, if I save at the beginning of the month or at the end of the month?vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-49873016664469161542020-10-07T18:54:00.008+05:302022-05-12T21:40:01.392+05:30Basics of Dividend YieldWhat is Dividend?Companies distribute a portion of their profits to shareholders, which is called dividend. In Indian market, dividends are generally issued as Interim or Final. Interim means dividends issued during the year, while Final dividend means the amount issued at the close of the financial year. [Confused about different dividend dates? Read here]What Is Dividend Yield?Dividend yield isvijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-30064347031239755832020-09-22T19:33:00.003+05:302022-05-30T11:42:36.952+05:30Growth Calculation with negative numbersOnce in a while, you face a situation wherein growth % is to be calculated – where one of the number is negative. Here’s quick approach and my thoughts.Ideal approach used to calculate the growth is Approach 1: (Current Number / Old Number) -1Few people follow the approach of differential, likeApproach 2: (Current Number – Old Number) / Old NumberBoth are good to use as long as both the FinXplainhttp://www.blogger.com/profile/01890390078708175842noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-53481276153248631302020-02-21T19:27:00.011+05:302023-11-03T08:18:21.220+05:30Historical Gold Prices in IndiaLast Updated on April 12, 2023I was working on small project and looking at the data of Gold prices. Here's Google spreadsheet, if anyone wants to play with the data.
Interesting facts - Compounded annual growth rate of Gold from 1947 to 2019 is at 8.5%, that's the compounded return you got for staying invested for 73 years (I am using both 1947 & 2019 as inclusive). I also stumbled upon vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com2tag:blogger.com,1999:blog-8178824473257571227.post-91698598863921139422020-02-21T13:33:00.008+05:302022-05-12T21:42:25.165+05:30How to calculate EMI in ExcelContinuing with my last post on finding out how much you will make using compound interest, trying to put down the simple method you can use to find out how much Equated Monthly Installment (aka EMI) you need to make for the loan you bought.
Erstwhile, it was predominately for Home loans but now with culture shift and new generation opting for easy loan features for buying the consumption goods vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0tag:blogger.com,1999:blog-8178824473257571227.post-36953342655397159422020-02-18T17:32:00.005+05:302022-05-30T12:21:39.860+05:30How to calculate Compound Interest
Power of compounding - Everyone agrees magic of compounding and power of compounding. No one needs any explanation on this. So next question comes, how do you compute it and make decision on outcome you are looking at. Bear in mind, I am discussing here from the savings perspective, however, the same holds true for the loan as well.
Going to keep this very simple without going into smaller tinyvijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com1tag:blogger.com,1999:blog-8178824473257571227.post-15024091368631998732020-02-17T23:46:00.003+05:302022-05-30T11:43:25.589+05:30Success Mantra for Financial Independence
This post is going to reveal the golden formula on how to achieve 100% success on your path to financial independence.
You would come across numerous Personal Finance posts on internet - all ultimately helping / directing you to one of this steps. So let's just jump in and start our journey...
Step 1 - Save.. Save.. Save... stop looking out for personal finance essays and posts. First make vijayhttp://www.blogger.com/profile/17018931833046476367noreply@blogger.com0