Financial freedom is not a mere state of mind
Financial freedom is not a mere state of mind; it is the perk of being prudent with your earnings. It is not about being a millionaire or a business tycoon; rather it is about having a dependable residual income that covers your expenses and lets you live the life you want to live. Today, we […]
Why Investors should continue with their SIP
Feeling down after seeing your SIP value plummet to all-time lows? Well! You are not alone. Markets have been volatile for a while now since the pandemic struck and has had its effects on businesses and the economy. Side effects of the tumultuous market are falling NAVs in your SIP investments. But, we all know […]
the world’s most catastrophic financial pandemic | Continue or quit
Its official, India will observe an extended nationwide lockdown until the 3rd of May under utmost vigilance. There is hope of some respite in relaxations to the unaffected areas and businesses classified as ‘essential’ in the near future. The pandemic related volatility in the financial market has been playing havoc for over 3 months as […]
Emotion of Fear
The equity market can be considered one of the greatest teachers of life. It is a rewarding marketplace that goes beyond making profits; rather it enroots the meaning of success and failure in one’s life. However, behavioral biases are like hurdles that an investor needs to jump over to finish the financial freedom race. One […]
Status Quo Bias in investing
If we don’t Challenge the way Things have always been we’ll never discover the greatest breakthroughs of our future Status Quo bias simply means doing nothing i.e. avoiding active decision and the let things happen as they always have been without taking any efforts to change it, this is mainly because of the fear that […]
Worry Bias
The act of worrying is an ordinary and widespread human experience. Worry increases anxiety while taking an investment decisions. It perceives the risk and lowers level of risk tolerance among investors. In turn, such concern makes investors to avoid investing in high risk assets like equity funds. Thinking Man recommends how to overcome “Worry Bias”? […]
Insurance OR Investment NOT Insurance AND Investment
Life, Home, auto, fire are most common forms of insurance that all of us would have heard of. But did you know about these 4 strange instances in which insurance has been used to protect ones assets? 1. Footballer Cristiano Ronaldo has insured his legs for 90 million pounds! 2. ‘Death by coconut falling on […]
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 to […]
Setting Your Goals
Manish & Shikha, a couple from Mumbai plans to join for mountain expedition together this summer vacation. They have undergone a professional mountaineer training, purchased / rented trekking equipments, hired a professional group for expertise en-route, etc. We understand training and equipments are important things before joining for expedition. But the most important thing is […]
Fear of Missing Out
Do you feel Jealous or feel that others are doing something more appealing than you when you check their wats’app status or Facebook pictures ,Thanks to emerging social media which has made FOMO (Fear of missing out) a part of our routine life. FOMO is a type of social anxiety wherein the person feels that […]