Financial Planning | myMoneySage

Here is how to handle company deposit defaults/frauds | My Money Sage

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 […]

Here is how to handle company deposit defaults/frauds | My Money Sage Read More »

What Investors Can Learn From Prospect Theory Or The Loss Aversion | My Money Sage

What Investors Can Learn From Prospect Theory Or The Loss Aversion Theory | My Money Sage

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

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

What Investors Can Learn From Prospect Theory Or The Loss Aversion Theory | My Money Sage Read More »

How many Bank Accounts you should have | My Money Sage

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

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

How many Bank Accounts you should have | My Money Sage Read More »

Here is how to include charity in your financial plan | My Money Sage

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

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

Here is how to include charity in your financial plan | My Money Sage Read More »

Money Lessons From Robert Kiyosaki The Author of ‘Rich Dad Poor Dad’ | My Money Sage

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

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

Money Lessons From Robert Kiyosaki The Author of ‘Rich Dad Poor Dad’ | My Money Sage Read More »

Try The Virat Kohli Style Of Investing

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

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

Try The Virat Kohli Style Of Investing Read More »

How Safe Is Your Bank Fixed Deposit? | My Money Sage

3 Comments / Financial Planning, Fixed Income, Investment Planning, Personal Finance / By KishorKumar Baloalli

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

How Safe Is Your Bank Fixed Deposit? | My Money Sage Read More »

Start NOW! 5 Hacks to Beat Financial Procrastination

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

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

Start NOW! 5 Hacks to Beat Financial Procrastination Read More »

How Procrastination Affects Your Finances | My Money Sage

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

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

How Procrastination Affects Your Finances | My Money Sage Read More »

Why do Investors buy negative yield Bonds? |My Money Sage

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

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

Why do Investors buy negative yield Bonds? |My Money Sage Read More »