Daniel Kahneman, a Nobel Laurette for his work on the psychology of judgment, decision-making and behavioural economics, has put forth ‘’Principal of loss aversion”,which says people dislike losing money more than they like making it. People feel losses more deeply than gains of the same value. This is so true. This is because money matters […]
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher Financial advisers, play a critical role in our life. It’s very important that you find the right people to help you manage your wealth well – after all, like it or not, your financial […]
In life, when you believe you will do well, you have taken the first step to doing well. This rule applies to investments, as well. Those who don’t believe in a better future, tend to be less successful as investors. This is not an unscientific opinion. Research has proved this. When you seek doubt you […]
Last week, we looked at how to measure returns. In that, we mentioned the fact that interest rates on fixed deposits are falling. This trend will continue. In such a scenario, as an investor not looking to take risks, what are your options? In India, most households prefer to invest their money in fixed deposits. […]
It’s important to understand what Kind of returns Your investments are Giving. Last week, my father called me to tell that my old LIC policy(my first job, first policy, the one we all buy to save tax) is maturing and that it’s giving me only 3.52 lakhs – as per his expectation money should have […]
Health is wealth, they say. Well, much like you have to do what it takes to stay in the pink of health physically, there are 10 simple things you can do to stay fit financially as well. Ready? Let’s go. Emergency Fund:- Life is uncertain. Jobs are not secure. That’s why you should have 3 […]