Personal Finance Archives - Mymoneysage Blog

Should you invest in Company Fixed Deposits – Corporate FDs?

November 12, 2018 | by Research Desk | Advisor Zone, Financial Planning, Fixed Income, Investment Planning, Personal Finance, Tax Planning

Here is all you should know before investing in a Company – Corporate Fixed Deposits… If you are fixed deposit investor, I am sure you will look for the Bank that offers the highest interest rate, an alternative to Bank FD is company fixed deposits or corporate fixed deposits. Company fixed deposits provide higher interest rates than Read more...
How to become a Registered Investment Advisor (RIA) in India

September 27, 2018 | by Research Desk | Financial Planning, Insurance Planning, Investment Advisor, Investment Planning, Personal Finance, Retirement Planning, Tax Planning

Here are the details that you should be know to become a Registered Investment Advisor (RIA) in India, Before SEBI RIA regulations, anyone could start working as an investment adviser. Therefore to protect the interests of investors, the capital markets regulator SEBI introduced the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013. These Read more...
Should an Non-Resident Indian(NRI) invest in Indian equity market

August 16, 2018 | by KishorKumar Balpalli | Investment Planning, NRI, Personal Finance

Here are the details that a Non-Resident Indian(NRI) needs to know while investing in Indian Equity Market The Indian growth story has so far been remarkable. The World Bank has projected that Indian economic growth will be around 7.3% for the fiscal year 2018-19 and 7.5% for the fiscal year 2019-2020. This stable economic growth Read more...
Financial checklist when your child turns major

July 27, 2018 | by Research Desk | Financial Planning, Investment Planning, Personal Finance

Here is a financial checklist to refer to when your child turns major. When your children turn 18, it is no doubt, a major milestone for them as well as you! You would be happy to see your child grow into a young adult. At 18 years, your children become eligible to vote to choose the Read more...
15 Home loan hidden charges that you should know

May 21, 2018 | by Research Desk | Financial Planning, Loans, Personal Finance

Here is a list of 15 home loan hidden charges that you should be aware of… Home loans are one of the most widely availed loans and well-regulated as compared to other loans. However, home loans are not free from hidden charges which are built into the total loan amount sanctioned. Such hidden charges carry no Read more...
NRE or NRO account, what is good for an NRI

January 23, 2018 | by Research Desk | Personal Finance

Are you an NRI? checkout the differences between NRE & NRO accounts NRIs often need to maintain bank accounts in India for various reasons. Some require bank accounts to receive their income generated in India, and some want to invest their money earned abroad, in India. Also, once a person becomes an NRI, it becomes illegal Read more...
Online banking frauds: Beware of your liability

October 11, 2017 | by Research Desk | Financial Planning, Personal Finance

Here are a few points on Online banking frauds so that you Beware of your liability: Has your debit card been wrongfully charged for transactions you didn’t initiate? It looks like you got duped online! The next thing would be “Who is accountable for such transaction?” “Who bears the burden to make the losses good”? Read more...
Financial Checklist for teens, grown-ups & Veterans

September 11, 2017 | by Research Desk | Investment Planning, Personal Finance

Here’s a Financial Checklist for the teens, grown-ups & Veterans: Different ages, different stages, different needs! Isn’t it! As you grow older, so you tend to develop likings towards things which you might have ignored a decade ago. You tend to experiment with things and try to make better choices; each one taking you to Read more...
6 ways to Stay Healthy and build Wealth

September 1, 2017 | by Research Desk | Financial Planning, Personal Finance

Here are : Did you know that staying healthy can make you rich? Believe me! It’s true. Even, researchers have proved it. They have found a strong association between the health of an individual and wealth creation. Initially, good health improves life expectancy. You tend to live longer Read more...
5 Surprising Investing Truths

August 18, 2017 | by Research Desk | Investment Planning, Personal Finance

Here are : Investor nowadays is much more aware than his ancestors. The sources of investment information have proliferated over the years. So much so, that you can indulge in investing any time and anywhere. You can categorise yourself as risk-averse or risk-seeker. You can understand your financial behaviour and moderate accordingly. Read more...