Financial Planning | myMoneySage

Financial Independence vs Regular Retirement |My Money Sage

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

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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8 Commonly Used Mutual Fund Terms & Jargons A Newbie Investor Must Know | My Money Sage

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

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

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Father Of The Index Funds, John Bogle transformed mutual funds | My Money Sage

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

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

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Emergency Fund – How to Save and Where To Invest | My Money Sage

3 Comments / Advisor Zone, Financial Planning, Investment Advisor, Investment Planning, Personal Finance, Small Savings / By KishorKumar Balpalli

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:

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