KishorKumar Baloalli | myMoneySage

5 risks you should understand before investing in Mutual Funds | My Money Sage

Leave a Comment / Financial Planning, Investment Advisor, Investment Planning, Personal Finance / By KishorKumar Baloalli

Mutual funds offer many benefits, such as convenience, transparency, liquidity, low cost, flexibility, and diversification, but there are also certain risks associated with it. Indians have always preferred to invest in gold, real estate, and bank fixed deposits. Now, more and more people are opting to invest in mutual funds regularly through Systematic Investment Plans […]

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5 Lessons that investors must learn from Bikebot & IMA scam | My Money Sage

Leave a Comment / Financial Planning, Investment Planning, Personal Finance / By KishorKumar Baloalli

One thing commendable about financial fraudsters is that they always come up with creative and innovative ideas to lure gullible investors, the regularity of investment frauds has shown how vulnerable our society is to such abuse. The recent expose of two significant investment frauds IMA and Bikebot are a case in point Click here to

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9 Things to Do When You Get your First Salary | My Money Sage

Leave a Comment / Financial Planning, Investment Planning, Personal Finance / By KishorKumar Baloalli

Things To Do With Your First Salary The first salary and the message that it is credited to your bank account is an exceptional and satisfying feeling for anyone who has just started earning. And, if this is your case, you might have started jumping in joy and excitement, planning to make the day a

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Financial Independence vs Regular Retirement |My Money Sage

Leave a Comment / Financial Planning, Retirement Planning / By KishorKumar Baloalli

Financial Independence vs Regular Retirement Financial Independence/Freedom is a state in which you have enough wealth to lead your entire life comfortably, without having to work for it. In other words, you would have attained financial freedom when your passive income exceeds your expenses. And, for early retirement, reaching financial independence is the key. In

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10 NPS(National Pension Scheme) withdrawal rules that you should know | My Money Sage

Leave a Comment / Financial Planning, Investment Planning, Retirement Planning / By KishorKumar Baloalli

The government introduced the National Pension Scheme (NPS) to provide a regular income to retired people. The NPS offers a range of withdrawal options before and after retirement. Here we will look at the different options for withdrawal from the NPS. Let’s take a closer look at the NPS withdrawal rules that apply to different

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13 Reasons for Indian Rupee (INR) Depreciating Against US Dollars

Leave a Comment / Financial Planning, Investment Planning, Personal Finance / By KishorKumar Baloalli

INR has been depreciating against the USD since 1966, and Here we shall look at some of the reasons why the Indian Rupee (INR) has been depreciating against the US Dollar (USD). The INR is now close to the 70/USD level. Click here to be a part of myMoneySage Elite an exclusive community to the

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6 Steps to Secure the Future of your Special Needs Children

Leave a Comment / Financial Planning, Investment Planning, Personal Finance / By KishorKumar Baloalli

Parents of special needs children have to make financial plans for two generations. They need to provide for their own needs and their child’s current and future needs. Planning is necessary for the period when they will not be there to provide guidance and support. “As parents of special needs children, you might not have

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Complete Investment Guide On Shariah Investment Portfolio In India | My Money Sage

Complete Investment Guide On Sharia Investment Portfolio In India | My Money Sage

Leave a Comment / Financial Planning, Mutual Fund, Personal Finance, Tax Planning / By KishorKumar Baloalli

Sharia investments are also known as Halal investments. They encourage people to invest in a socially-responsible way according to Islamic principles. These investments have to follow a detailed set of Sharia requirements and rules. Shariah investments or Sharia compliant investments follow the principles of Islamic law. They encourage people to invest in a socially responsible

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11 Rules to know – Am I an NRI under FEMA and the Income Tax Act? | My Money Sage

Leave a Comment / FEMA, Financial Planning, income Tax, NRI, Tax Planning / By KishorKumar Baloalli

NRI under FEMA and the Income Tax Act Your residential status determines which investments you can make and how much tax you will have to pay. Many of our clients ask us about whether they are Non-Resident Indians (NRIs) or residents. They are not able to make sense of the rules under the Foreign Exchange

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What is yield curve inversion? How does it impact markets | My Money Sage

Leave a Comment / Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Mutual Fund, Personal Finance / By KishorKumar Baloalli

An inverted yield curve shows that an economic slowdown may be imminent. The yield curve is one of the leading indicators that analysts use to predict the direction of the stock markets. In the United States, analysts have used it to forecast all the recessions in the last five decades. The yield curve has not

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Author name: KishorKumar Baloalli