Author Archives: justgrowmymoney

Effective Yield on FDs vs Debt Funds

In India, with a stock market history going over 140 years it is a stark reality that less than 5% of the population invests in Equities. In our country, Debt continues to remain as one of the most preferred investment vehicles … Continue reading

Posted in Debt Fund, FD | 1 Comment

Impact of Trail commission on your Mutual Fund Returns

There are a number of ways by which we grow our money drop by drop to build at least a lake of wealth for future consumption. After taking care of Wealth protection by way of insurance we recommend delving into … Continue reading

Posted in Charges, Mutual Funds, Trail Commission | 14 Comments

LIC Jeevan Vriddhi – A Quick look

I know it has been a long break since I posted previously but I just got a little busier with drafting Financial Plans for several of our readers. Thanks all for your continued patronage. I am publishing here a product … Continue reading

Posted in Uncategorized | Tagged , , | 16 Comments

Asset allocation – Your oneway ticket to Wealth generation

We have gone through some exciting wealth preservation strategies in our pursuit of Financial independence so far. Taking Insurance: this lets us retain a bulk of the wealth in the event of an unforeseen mishap. Saving money outflows directly correspond … Continue reading

Posted in Asset allocation, Portfolio Management | 56 Comments

Pursuing Financial Freedom: Step 2 – Getting Insured

 The foundation of a successful financial plan lies in ensuring that risks are eliminated,mitigated or transferred. Insurance can fulfill one or more of the above functions. Insurance can broadly be divided as Life insurance and Non-Life insurance. We saw that … Continue reading

Posted in Insurance, justgrowmymoney, Personal Finance | 3 Comments

Housing Development Finance Corporation [HDFC] – Research report

Housing Development Finance Corporation [HDFC] Recommendation: Strong BUY| Date: 13-Nov-2011| CMP:668| 30 month target: 1000 [Update on Jan 16, 2014: CMP: 1198] Disclosure:  I am long HDFC since May 2011 at a starting price of 663. I personally hold 9% … Continue reading

Posted in Security Analysis | 79 Comments

Pursuing Financial Freedom: Step 1 – Buy a Term Insurance

Insurance is Risk planning – to mitigate the impact of a risk. A Financial Plan, however well made, can hit a nasty roadblock if the inevitable things [like death] are not planned for. Insuring one’s life will support the dependents financially … Continue reading

Posted in Personal Finance | 1 Comment