RBI’s Banking Ombudsman Act 2006 had its second major changes this week. This act has been a game changer in the Banking Industry since its inception. Now as the time changes- technology changes. So new products and miss-selling ways also evolve. This dynamic act got new inclusions to cope up with the modern times. Let’sRead More
The Greater Fools Theory in Investments
The greater fool theory in investments refers to those investors who buy an investment based on the thinking that they will be able to sell it at a profit to a “greater fool”. So in a way, they say I am a fool too and I am looking for an another great fool. The classicRead More
Traders vs Investors : What is your Investing Style?
The goal of investing is to gradually build wealth over an extended period of time through the buying and holding of a portfolio of stocks, mutual funds, bonds and other investment instruments. Trading, on the other hand, involves the more frequent buying and selling of stocks, churning of MF portfolio, jumping to new products, with the goalRead More
Common Behavioural Mistakes During Market Highs
This is the time to check some very common behavioral mistakes during market highs, the investors are most prone to commit. You as an investor is not alone. There is a constant fight between self (mind, emotions) and outside world (peer pressure, media). Here are few things that you can avoid: Churning/Overtrading The financial mediaRead More
E-Nivaran – Online Grievance Redressal Mechanism for Income Taxpayers
PM Narendra Modi vision is described as bringing structural changes. The change was perhaps needed at the income tax grievance redressal mechanism also. The change to make the redressal mechanism taxpayer friendly and cover all aspects of taxation. E-Nivaran Online Grievance Redressal Mechanism is a one stop, tech-driven grievance mechanism aims to curtail time andRead More
10 More Reasons Why People Still Say No to Financial Planning
Why plan when none of my investment has gone wrong until today? By God grace, none of my work has stopped so why pay for financial planning? We as Financial Planners also hear similar tunes when we speak about Financial Planning concept. And my inference is that people do not appreciate any kind of PLANNINGRead More