“I can never be all the people I want and live all the lives I want.” ― Sylvia Plath, The Unabridged Journals of Sylvia Plath This is one of the strongest reasons to read books and learn new things and fill your life with more satisfying experiences about all the things that interest you and make a difference […]
One of the essentials of good investment planning is preparing for the future, whatever it may bring. Therefore, a vital component of a solid investment planning is an emergency fund. An emergency fund is designed to cover a financial shortfall when an unexpected expense crops up. Your emergency fund can serve as a place to […]
The desire to keep an eye on your money is natural. But doing it too often can hurt you, and your money. Let us look at why this is so. We always want to see our portfolio growing. But ups and downs are a part of life. This rule also applies to your portfolio. In […]
Mutual Fund Scheme categorisation is in the news. What is it and how does it affect you as an investor? As per the mandate from SEBI (market regulator), each fund house must now classify existing schemes under a set of categories. SEBI has introduced this in order to streamline the number of schemes available in […]
What is action bias? As per Business Dictionary—Action Bias is the propensity to act or decide without customary analysis or sufficient information. In short, it’s ‘just do it or something,’ and think later. Recently, we shared this quote by Paul Samuelson on our FB page – Investing should be more like watching paint dry or […]
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 […]
There is struggle between, ‘Enjoy now or save for the future’. We constantly endevour to find the balance between enjoying life now and ensuring we have the resources to live well later, during our retirement years. There is no ideal balance for everyone because we all have different goals, needs, resources, expectations, and desires. The […]
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 […]