Depositors presume Bank Fixed Deposits to be 100% risk-free investment, which is not true, there is always an inherent risk associated with any investment, Bank Fixed Deposits are no exception. You must have read about the Punjab and Maharashtra Co-operative (PMC) Bank and how depositors are finding it difficult to get back their money. Here’s […]
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5 Hacks to Beat Financial Procrastination Have you been postponing your savings and financial investments? Are you just too lazy to look up mutual funds and fixed deposits for investing your money? Then, you are one who indulges in financial procrastination. This procrastination can have bad results for your finances in the long run. Read
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How Procrastination Affects Your Finances A recent study suggests that procrastination is the outcome of present-biased preferences, it affects your finances. Have you ever noticed how children do chores if you promise to buy them chocolates? That’s how the human mind works. Unless there is instant gratification, doing work is not very appealing. Instant gratification
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Globally, Government bonds worth around $16 trillion are now trading at negative yields, which is about one-third of the global bond market. This figure has almost tripled from October 2018. People have always deposited their money with the government with the assurance of getting it back with interest. Now, they are paying governments to keep
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Marriage is about merging your finances, possessions, ambitions, dreams, and histories. A significant part of your future as a married couple involves money, so take time to talk about your finances and related financial topics before walking down the aisle. Relationships have become much more complicated due to the increase in nuclear families, working wives
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Women have always faced discrimination and have not been able to inherit ancestral property due to several reasons. You need to be aware of your inheritance rights of women as a wife, daughter, mother or a sister. Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who
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Its a zero-sum game, the higher the expense ratio, lower will be your Mutual Fund returns. The expense ratio of a mutual fund is the annual fee that the fund house charges for managing your money. A lower yearly expense will boost your returns and help you to accumulate a more substantial corpus in the
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What are REITs and InvITs? Let us first understand what REITs and InvITs are. Real Estate Investment Trusts (REITs) invest in and manage commercial real estate. They earn rental income from their investments, which they pass on to their investors. Investors also profit from capital appreciation in the underlying assets. REITs have to distribute 90%
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Money Lessons from Boris Becker & Mike Tyson Tennis star Boris Becker and heavyweight boxing champion Mike Tyson have a lot in common. Boris Becker was the youngest champion to win the men’s singles trophy at Wimbledon at the age of 17. Boris Becker was also the youngest winner of a Grand Slam title in men’s singles. Mike Tyson became the youngest heavyweight boxing champion at the age of 20. And, both Mike Tyson and
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A debt fund provides diversification and stability to a mutual fund portfolio. Usually, there is an inverse correlation between debt and equity investments, so when one goes down, the other often goes up. Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their
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