Home is an emotional subject. One wishes to have a perfect home. Client after client, this is one pain point: to have the ‘Perfect home’. Where all needs will be taken care of, there is space for everyone in the house and everything with little garden and ample light and amenities. Getting a home, building […]
Curbing emotions during turbulent times can be a challenge but is important for long term investors. Volatility in the stock market can prompt some investors to make poor decisions. EMOTIONS CAN BE A powerful impediment to investment success, particularly when tweets create stomach-churning market volatility. Investors able to avoid fight or flight responses to market […]
“Our favourite holding period is forever.” – Warren Buffett What is long term? Does Systematic Investing Plan (SIP) work? Should I continue my SIP? Will the markets go down even more? How much more? Should I exit? What should be the new strategy? These are some of the questions that crop up in the minds […]
Parag Parikh, Founder of PPFAS AMC Pvt. Ltd, shared his views in a panel discussion on value investing. Being an expert on the subject of behavioural finance, a stock market veteran and an author, his insights were brilliant. He nailed it down to one single take-away. There are no stock market geniuses. Just those savvy […]
In the first part of this conversation we looked at the concept of money memories through a book excerpt. You may read it here. Picking up from where we left off, I want to continue by saying that when you analyse something and understand how it works, it works better for you. This applies to […]
I started reading books about financial life planning some years ago. Reading leaves me with fond memories. Memories impact the way I navigate life. Money memories are a vital part of our life memories. And memories of money from our childhood influence the way we take financial decisions as adults. This is natural. Our experiences […]
Earlier this week, we spoke about the Principles of asset allocation and risk apettite in a short question and answer post on our Facebook page. In this blog, we look at this principle in greater detail and more practical aspects of it. When going is good we like to travel and keep going. But when […]
Speaking about money and finances is difficult for many. Money is personal. This blog is written by Dennis Friedman for HumbleDollar.com. This is good read and genuine human traits and reservations on money is narrated well I WASN’T COMPLETELY honest when I wrote a recent blog. HumbleDollar’s editor asked why I reduced my stock position in 2017 […]
When you don’t reach your personal and financial goals, it can be both frustrating and disheartening for you and your clients. How can we change this for the better? Research has shown that using the principles of Self-Determination Theory your clients can dramatically increase their chances of success. This happens when you focus on a meaningful […]
What is contrarian investing? Put simply, it’s an investment strategy that is characterized by purchasing and selling in contrast to the prevailing sentiment of the time. Keep in mind, though, that it is anything but simple to implement and succeed at. This is because of the psychology of money. A contrarian believes that certain crowd behaviour among investors […]