Even the Oracle of Omaha has seen a few firsts with this Pandemic at bay. For starters, it was the first time Buffett went virtual to report the recent financial performance of Berkshire Hathaway, which typically is a week-long extravaganza- a treat in itself. He confessed never to have presented with the assistance of [...]
We associate financial independence with not relying on monthly salary and living paycheck to paycheck. But along with financial benefits there are also other perks that people might sometimes overlook. Along with being financially free, you also become emotionally free devoid of constant worry about money. Here are some benefits that being financially free [...]
The festival of Navratri represents the triumph of good over evil. Navratriis divided into three phases, each of three days – the first phase is dedicated to Goddess Mahakali, who destroys all the bad within and also around us, the second phase is dedicated to Goddess Mahalaxmi, who we worship to bring us of wealth and prosperity, and [...]
Lord Ganesha is hailed as the symbol of prosperity, knowledge, wisdom and destroyer of obstacles. People seek his blessings in times of happiness and uncertainty alike. Through his many forms, he teaches us valuable lessons. There is a lot to take as inspiration and learn from Lord Ganesh, especially when it comes to managing [...]
Investors who check the value of their portfolio/holding with great frequency are more likely to be subject to myopic loss aversion. Frequent checks of holdings make people more sensitive to losses than to gain. If we check our portfolio very often we see many days when we have loss these automatically reduces our risk [...]
Sunk cost is a cost that has already been incurred in the past and can’t be recovered. For example: You booked tickets to watch a movie but you caught viral infection, still you went to the movie to justify the money you spent to purchase the tickets instead of taking rest. So, have you justified [...]
