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Right To Education At Any Age
In the Indian constitution we have an article which specifies that children in the age group of six to fourteen years have the right to get free and compulsory education. It is a pretty good amendment to the constitution. But what I don’t like about it is the specific age that is mentioned. Why shouldn’t it be a fundamental right to have education at any age? Some kids or even adults may not be able to learn at a young age, and may prefer to learn at a later age. Of course no one is stopping them for learning, but it may not be free. However, with the advent of technology and internet, learning can be free at any age.
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Ignis Fuel Economy
It has been about 9 months since we purchased our new car and we are enjoying it. I was curious about the mileage figure published by ARAI for Ignis. So I decided to check out the real life mileage. Of course everything is an approximation, so take what I say with a grain of salt. Your mileage (pun intended) may vary, yada yada disclaimers apply here. Going back to the point, the ARAI number for Ignis is about 21 KMs per liter. The testing is done under laboratory conditions with different speeds under simulated road conditions. No air conditioner is used, there are no traffic signals etc. So you can think of it as ideal conditions. You should also keep in mind that they test various speeds simulating city and highway drives.
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Switched to NixOS
After using Manjaro Linux for a really long time, I finally decided it was time to switch to NixOS. Manjaro has been quite good until recently. Then there were some changes because of which my GPU hardware acceleration broke. I don’t remember all the details because it has been some time since I switched over to NixOS. All I remember is that video encoding is not able to use GPU acceleration and that was a big bummer. I tried EndeavourOS and liked it. Everything was working as expected. Yet I switched to NixOS. The reasons and more follow in this post. This is one of those posts with too many technical details, so if you prefer, feel free to skip this one.
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How Much Money Did My Solar Panels Save? - 2023 Edition
A long time ago I wrote a post on how much money my solar panel was saving me. In the post I promised to write another post in November 2022 with updates. Well, lots of things happened and I completely forgot about it until one reader reminded me requesting for an update. So here it goes. It has been more than 2 years since I installed a 320W solar panel and I have been diligently collecting data from my panel, our consumption and how much we are pulling from the grid. Very recently I finally finished my code to fetch the data, massage it and used some nice libraries to draw the graphs so I can analyze the data.
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Can Bard Answer Early Retirement Questions?
Ever since Chat-GPT was announced, I wanted to use it to ask personal finance questions just for kicks. But I was too lazy to sign up. Unfortunately by the time I decided to sign up, the page said it was full and asked me to wait. After a few weeks I heard about Chat-GPT integration with Bing and wanted to try it out. Unfortunately though it required me to sign up to a Microsoft account and wanted me to use Edge browser or something like that. I don’t remember all the reasons, but I am certainly not going to do any of that. I mean asking for email is one thing, but phone number even if it is for OTP is a no go for this kind of service. It is a lot more personal. Not that I don’t trust them with my data, it is mainly because I don’t want to increase the attack surface.
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Should You Sell Debt Or Equity For Retirement Expenses
After reading my post on “withdrawal plan in retirement”, one reader asked why I suggested that one should sell debt mutual funds to handle the retirement expenses. In that post I gave an example where an investor has only debt and equity mutual funds and in that scenario, it is preferable to sell debt mutual funds to handle everyday expenses and then do a rebalance once in a while to get the asset allocation to the ratio that you prefer. The reason for this recommendation is quite simple. It is to avoid selling mutual fund units of an asset class at their low point. Since equity mutual funds go up and down quite a bit in value, it is possible that in some years you might sell at a low point and dent your compounding effect. I will explain how with an example.
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Withdrawal Plan In Retirement
After my post on lumpsum vs SIP investment, a reader asked – “Wanted to understand the other side - how to redeem from our funds after we retire? Say we have calculated the number and we have enough. But, the challenge is how to get to a withdrawal mode from accumulation mode. You have showcased how you do it in some articles but can you do it with some numbers for a fictitious person? Ex: Age 40. Amount 6Cr spread across multiple equity and debt funds and US Stocks. Now, how to withdraw to last till their age of 85 for an expense of 1L per month (corpus is 50 times)?”. I thought it is an interesting question that needs answering. I will go with the numbers given by the reader and work out an example in this post.
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Lumpsum vs SIP
Is it better to do a lumpsum investment or do systematic investment? Like many things in life, the answer is – it depends. There is usually no one good answer. But taking some examples we can see which works better in what situation. Of course these are just my opinions and they may not apply to your situation. Also, there may be many other cases which I do not cover. Finally, remember that whether you do lumpsum or SIP, in the long run the difference in returns will usually be miniscule unless you time the lumpsums very badly. With that out of the way, lets get to some examples.
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Solar Panel Project Update - Part 5
This is the final update in the solar panel project series for now. Hopefully by now you must be quite bored with the updates because I am sure no one is going to build a project that is exactly same as mine. But in case you are following along, you might have picked up some things that you did not know earlier or may be you found somethings that you could have done differently. The reason I am writing is to keep a journal of things. While I fixed most of the issues with my setup, I still had a couple of problem that don’t happen frequently which makes it difficult to debug. In this post I will discuss the problems and my solutions. May be there are better solutions, but these are ones that I could come up with. A reader was lamenting that my posts are too short so I let this post go as long as it needs to be. So enjoy :).
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Inflation Affects Poor More Than Rich
RBI has decided to pause the interest rate hike, which indicates that the central bank thinks the inflation might have peaked. While inflation is currently high at slightly over 6%, we Indians are quite used to that kind of inflation anyway. For most of the western world, it is causing a lot of pain. Not just the inflation but the rate hikes by their respective central banks. The rate hikes even affected some banks (think SVB for example). High inflation is a problem for everyone, but it hurts the poor a lot more than the rich. Yet the media makes it sounds like everyone is affected the same way.
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