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 […]
Strategies to prepare for an upcoming Job loss
Preparing for Job Loss We are living in a time where there is palpable insecurity in the job market. In such unpredictable situations, one must not get panic and should strategize their actions in case they have to face the misfortune of job loss. Few key strategies to prepare for job loss are: Build and […]
Importance of Focus in Investment
Life is like camera focus on what’s important & you’ll capture it perfectly!!!! Focus in life will keep you motivated & help you with a clear sense of purpose .Focus helps you grab onto your goals with ferocity. Focus is persistent & stubborn it won’t let go until the goal is achieved. Say if you […]
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 […]
Recency Bias in investing
Recency Bias is pretty simple. Just think it this way “your short term memory dominates your long term memory” Usually it is the tendency that what happened in recent past will continue in the future. Consider an example of flipping a coin. We all know that the probability of any of the two possible outcomes in […]
Sunk cost fallacy
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 your […]
Yoga & Investments : Striking Similarities
Did you know that the practice of yoga and investments have a lot of things in common and you could incorporate certain yogic techniques in your financial life to beat the stress associated with it. Discipline – Only if you are fully committed while doing yoga will you be able to reap rewards. Similarly, you […]