Investment Recommendation App I use

If you remember how I handled the market downturn and why I don’t follow the 70:30 allocation, you know the reason behind it. I was just doing what my app was recommending me to do based on the market. For the past few months I have been rewriting the app and finally have parity with the old version. This is one more of those pet projects of mine that I always wanted to work on after retirement and now living the dream Background First some background regarding the app. I wrote a web app that gives me some indications … Continue reading “Investment Recommendation App I use”

Sensex and Nifty Down by 30%

At close today, both Sensex and Nifty are down by 30%. We are officially in bear territory. It is considered a bear market if the market has fallen more than 20% from the recent highs and the investor sentiment is negative. Some market pundits are predicting that there is going to be a recession worse than the 2008 crisis. I have no idea if that will happen, but I am not worried at all. Also I cannot predict market, so I can’t even tell if they are correct or not. But I have a plan. As I have been saying … Continue reading “Sensex and Nifty Down by 30%”

Where is the Stock Market Heading?

While I don’t predict where the markets are headed, I sure do enjoy the news and commentary which do. Some headlines attract my attention when I am reading the daily news. I email myself those interesting articles which predict Sensex or Nifty to touch a certain level by a certain date. Then I snooze the email until that predicted data. If you didn’t already know, gmail has this nifty (no pun intended) little feature which allows an email to be dismissed from your Inbox only to magically reappear on a certain date. I use it quite a lot. So in … Continue reading “Where is the Stock Market Heading?”

The 70:30 Asset Allocation

In my previous post, I talked about about allocating 70% to equity and 30% to fixed income and just keep that ratio irrespective of which stage you are in your life. But does it really work? Lets work out some examples to see how it might work under various conditions.   Pre-retirement While you are still not retired, you have income coming in and you are investing. It does not matter what markets are doing, your job is to just invest in such a way that you maintain the 70:30 split.   The way it would work is that every month … Continue reading “The 70:30 Asset Allocation”