The most misunderstood & vague word in Personal Finance is Average Returns. It is very common to think of Average Returns as (just) Returns. But these two words mean & signify a different picture. Let’s check this in today’s article and how it impacts your thinking. First Know Average, Then Average Returns Let me beginRead More
Behavioral Finance
The Good & Bad of Revenge Spending
Look at the picture below in this article … a place like Manali has no hotel rooms and parking space to park the cars. The Prime Minister of the country has to come out, hold hands and advise people to behave properly. Classic case of Revenge Spending by a nation! Many Indian’s consider COVID asRead More
Decimation – Does NOT Mean you WON
I was talking to my friend & investor over the weekend – and he says “I never carry tension home. I purchase & sell the same day. Even if the stock is good and made me returns I do not keep it over the weekend. I just sell it and again buy next week ifRead More
Avoiding Hindsight Investing – Study
I came across this fascinating study carried on Indian MF schemes between 2000 to 2017. It is a numerical & historical explanation of what we call – Hindsight Investing. Let’s meet the ghost… Isn’t it paradoxical that you invest for 5 years plus but look for 1 year best returns fund! We are well awareRead More
How I Spent 2020 as Financial Advisor?
Can you enjoy a relationship without committing to one? OK, pretty emotional start… right? So let me rephrase – Can you enjoy the weather sitting on a closed balcony or enjoy a cold shower without getting wet? You may wonder why I am asking this? Most of the investors want 2 definite things – OneRead More
Behavioural Lessons for 2021
Was 2020 a Leap Year or a Year without any Leap? Answers may differ based on the experiences you had. But my best learning was – Never Let a CRISIS GO WASTE. So I learned a few things and have made corrections in my mind to be a better person in 2021. Here are myRead More