Planning Fallacy: Have you read about that flyover in your city which was supposed to be completed in 2010 but is yet to get completed? There are several such projects in India and abroad. India’s Ministry of Statistics and Programme Implementation says that as many as 340 infrastructure projects, each worth Rs. 150 Crore or […]
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Parkinson’s law When they read Parkinson’s, most of the people think of Parkinson’s disease. However, here I am talking about the Parkinson’s Law. This law states that “work expands to fill the time available for its completion.” This was written in 1955 by Northcote Parkinson, a British naval historian and author. All of us might
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Mahabharata Mahabharata is one of the greatest and most loved epics in Hindu mythology. This was written by Sage Vyas. The story is about the war between the Kauravas and the Pandavas. It’s a good vs evil, virtuous vs vile story. The story helps you to differentiate between the good and the bad. Your grandparents
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HNIs Financial Planning Is making your wealth grow so difficult? Of course! It is a lot of hard work, especially if you have a huge surplus. Being a High Net-worth Individual and having a lot of money to handle is common. When you have a lot of money, it will not be easy to re-arrange
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Company Deposit Defaults/Frauds An interest rate of 11-12 percent per annum for a period of 3-5 years seems pretty lucrative. Moreover, if it comes from a deposit, it appears safe. No wonder investors rush to buy company deposits. These are fixed deposits issued by companies that include manufacturing firms and Non-Banking Finance Companies (NBFC). What
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Heard about that investor who hates losses? Well, almost all investors hate to make losses on their investments. Most of us feel twice the pain when we make a loss on an investment than when we make a gain. This is known as loss aversion bias. Click here to be a part of myMoneySage Elite
How many Bank Accounts you should have? With individuals changing jobs often and banks making it easy for them to open a salary account, an individual today might have a number of Bank Accounts. Is this a good trend? Not exactly. Click here to be a part of myMoneySage Elite an exclusive community to the
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How to Include Charity in Your Financial Plan The concept of charitable financial planning is popular in international markets. This is now gaining popularity in India. There are many reasons why you might want to give money to charity. It could be because you want to help the needy or it could for your own
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Money Lessons From Robert Kiyosaki Heard of the book Rich Dad Poor Dad? The author of this book is Robert Toru Kiyosaki. Thanks to his financial knowledge, he has been able to come out of bankruptcy. Here is his story. Click here to be a part of myMoneySage Elite an exclusive community to the elite
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The Virat Kohli Style Of Investing We all know and love Virat Kohli, the captain of the Indian cricket team. He is committed and passionate when it comes to cricket. This exuberant attitude is seen in everything he does. This includes Virat Kohli’s endorsements and business ventures. Click here to be a part of myMoneySage
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