Debt Mutual Funds What is debt? Debt refers to the amount of money borrowed by one party (borrower) from another party (lender). The borrower agrees to repay the borrowed money at a future date along with the interest. Generally companies, banks and governments raise debt capital from the public in order to meet their working […]
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Traditionally most Indians have had a significant portion of their net worth in real estate but in recent times due to a rise of property prices investors have not been able to invest in real estate due to its high ticket size especially in Metro cities. One option available for investors which provides exposure to
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Tax on Mutual Funds Mutual Funds are one of the most popular investment options in India which has the potential to offer capital gains. With many online wealth management platforms such as myMoneySage, mutual fund investing has become easier and seamless. However, before you start investing in mutual funds or allocate your mutual fund holdings
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Recession 2020? Here is how to protect your finances Get Free evaluation of your investments & a financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register now With rising defaults, fluctuating markets and plunging crude oil prices, having some cash sparing tips added to your repertoire could be
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If there is one section under the Income Tax Act, 1961 that anyone can use, it is section 80G, helps you claim deductions on donations. Irrespective of whether you are an individual, company, or a partnership firm, you can claim tax exemptions under this section. Even if you are a Non-Resident India (NRI), you are
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How Interest Rates Affect Investment Portfolio Every year the Reserve Bank of India (RBI) changes the interest rates in the country using its monetary policy. This affects a number of industries. You know that loan rates change. However, do you know that your investments portfolio get affected too? Interest rate dynamics play a role in
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There have been significant changes in the income tax rates for the salaried in this year’s Union Budget 2020. You must have read about it. Get Free evaluation of your investments & a financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register now However, do you know that
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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
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 »
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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