Personal Finance

Start NOW! 5 Hacks to Beat Financial Procrastination

Start NOW! 5 Hacks to Beat Financial Procrastination

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 […]

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How Procrastination Affects Your Finances | My Money Sage

How Procrastination Affects Your Finances | My Money Sage

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

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

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

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

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10 Financial Topics to Discuss Before Getting Married | My Money Sage

10 Financial Topics to Discuss Before Getting Married | My Money Sage

Marriage is about merging your finances, possessions, ambitions, dreams, and histories. A significant part of your future as a married couple involves money, so take time to talk about your finances and related financial topics before walking down the aisle. Relationships have become much more complicated due to the increase in nuclear families, working wives

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Inheritance Rights of Women - What Should You Know?

Inheritance Rights of Women – What Should You Know?

Women have always faced discrimination and have not been able to inherit ancestral property due to several reasons. You need to be aware of your inheritance rights of women as a wife, daughter, mother or a sister. Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who

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How does expense ratios affect your Mutual Fund returns | My Money Sage

How does expense ratios affect your Mutual Fund returns | My Money Sage

Its a zero-sum game, the higher the expense ratio, lower will be your Mutual Fund returns. The expense ratio of a mutual fund is the annual fee that the fund house charges for managing your money. A lower yearly expense will boost your returns and help you to accumulate a more substantial corpus in the

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5 reasons to invest in REITs and InvITs

5 reasons to invest in REITs and InvITs

What are REITs and InvITs? Let us first understand what REITs and InvITs are. Real Estate Investment Trusts (REITs) invest in and manage commercial real estate. They earn rental income from their investments, which they pass on to their investors. Investors also profit from capital appreciation in the underlying assets. REITs have to distribute 90%

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How will Union Budget 2019-20 impact your finances | My Money Sage

Finance Minister Nirmala Sitharaman’s maiden budget provides a road map for moving from a $2.7 trillion economy to a $5 trillion economy in the next five years. The budget shows that the government’s focus is on widening the tax base and improving tax compliance. Get your financial plan done by a Registered Investment Advisor. Its FREE,

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

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

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

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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