What financial independence really means

Independence, by definition, is the ability to live by your own terms and conditions, take your own decisions and control your life the way you want. While there are many factors that can make this happen, financial independence is definitely paramount. What financial independence really means is that you don’t have to solely rely [...]

By |2020-08-20T21:01:54+05:30August 16th, 2019|All, Financial Planning|Comments Off on What financial independence really means

News Bias

In today’s technologically advanced world we have an overload of information. We are informed about almost everything but know only a few things. You might wonder why? Let’s take an example. Can you name one piece of news over the past few years that have helped you take a certain drastic step with respect [...]

By |2020-08-20T22:00:53+05:30December 6th, 2016|All, Behaviour Finance|Comments Off on News Bias

Narrow Framing Bias

We don't see things as they are; we see them as we are.” — Anaïs Nin Narrow Framing Bias: Narrow framing means taking a decision without considering all the factors that can affect a particular decision. Example: Mr. Harshil wants to buy a Phone the only factor that he thinks of is the brand [...]

By |2020-08-20T22:53:42+05:30October 12th, 2015|All, Behaviour Finance|Comments Off on Narrow Framing Bias

Side effects of having an ownership bias while investing.

In 2010, Mr. Dumb bought a flat for his personal on Link Road, Bandra. He paid Rs 2.5 crores for that flat and expected the price to go up by 50% in 4 years. Now in 2014, there is a buyer who intends to purchase his flat for Rs 3 to Rs 3.25 crores but [...]

By |2019-12-02T06:59:54+05:30April 2nd, 2014|All, Behaviour Finance|Comments Off on Side effects of having an ownership bias while investing.
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