Personal Finance Blog

13 Reasons for Indian Rupee Depreciation Against US Dollars

May 11, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance

The Indian rupee has been depreciating against the US dollar 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. Get insights on your personal finance by a Registered Investment Advisor. Its Read more...
6 reasons to secure your Financial plan for kids with special needs | My Money Sage

April 20, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance

Parents of a child with special needs 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 special needs parents you might not have Read more...
Complete Investment Guide On Shariah Investment Portfolio In India | My Money Sage

April 5, 2019 | by KishorKumar Balpalli | Financial Planning, Mutual Fund, Personal Finance, Tax Planning

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

April 4, 2019 | by KishorKumar Balpalli | FEMA, Financial Planning, income Tax, NRI, Tax Planning

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 Management Act (FEMA) and the Income Tax Act. Read more...
What is yield curve inversion? How does it impact markets | My Money Sage

March 25, 2019 | by KishorKumar Balpalli | Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Mutual Fund, Personal Finance

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 Read more...
6 Simple Steps To Reach Realistic Financial Goals | My Money Sage

March 21, 2019 | by KishorKumar Balpalli | Advisor Zone, Investment Advisor, Investment Planning, Mutual Fund, Personal Finance

It’s important to have big dreams, but it isn’t easy to turn your dreams into reality. Pick goals that you are passionate about and believe that you can achieve them. Make realistic plans that you can meet and track your progress. Here are six simple steps to reach your financial goals, “Set your goals high, and don’t Read more...
8 Commonly Used Mutual Fund Terms & Jargons A Newbie Investor Must Know | My Money Sage

March 8, 2019 | by KishorKumar Balpalli | Advisor Zone, Financial Planning, Mutual Fund, Personal Finance

Mutual fund advisers use jargon that can be quite confusing for newbie investors. Here we discuss some of the most commonly used mutual fund terms. Knowledge of these terms will help you to understand what your financial adviser says. Mutual fund advisers use jargon that can be quite confusing for newbie investors. Here we discuss Read more...
Father Of The Index Funds, John Bogle transformed mutual funds | My Money Sage

March 6, 2019 | by KishorKumar Balpalli | Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Mutual Fund, Personal Finance

Your mutual funds would not have generated the kind of returns you are getting if it weren’t for him. As mutual fund investors, we need to thank Bogle for helping us to get more from our mutual funds John Bogle changed the mutual fund industry by reducing costs and helping investors to earn higher Read more...
Emergency Fund – How to Save and Where To Invest | My Money Sage

February 22, 2019 | by KishorKumar Balpalli | Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Personal Finance, Small Savings

Emergency Fund: Methods To Save Very few people think about putting money aside to deal with an emergency. Most of us are not prepared to face a crisis, because we feel that something like this will never happen to us. The following story will help you to understand the importance of creating an emergency fund: Read more...
3 Benefits of having Gold Allocation in your investment portfolio | My Money Sage

February 15, 2019 | by KishorKumar Balpalli | Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Personal Finance, Tax Planning

If you are wondering whether Gold should be a part of your investment portfolio, then this is a must read for you. Usually, Investors, when constructing a portfolio tend to limit their diversification strategy to equity and debt thereby ignoring gold, let’s evaluate if it makes sense to add Gold to your portfolio Gold protects Read more...