Declutter Your Financial Life This Diwali
Executive Summary: As Diwali approaches, we get busy in cleaning up the house, purchasing new things and festivities. Do take some time to organize your financial life too. Get rid of unwanted bank accounts, credit cards and insurance policies. Reduce debt,...
Money Saving Tip – Home Loan Linked Current Account
Would you like to reduce your home loan interest cost and at the same time save on the taxes on your liquid fund investments?Few banks provide home loans with a linked current account. Any balance kept in this current account earns the same rate of return as that of...
Summary – The Science of Getting Rich
Executive Summary: 'The Science of Getting Rich' written by Wallace D. Wattles tries to show how to get rich using a scientifically proven method. The book talks about how the right thoughts and right actions can increase our income and wealth. The core concept...
Review of e-commerce Co-branded Credit Cards
Executive Summary: Banks are launching credit cards designed for the e-shopper. We compare three e-commerce co branded cards – ICICI's Amazon Pay Credit Card, Snapdeal HDFC Bank Card and Axis Bank Buzz Credit Card. Co-branded credit cards have been around for...
Did Your Home Loan Application Get Rejected
Executive Summary: Getting a home loan is a long and stringent process. There are many reasons for banks to reject applications for home loans. These include unapproved builder/property, incomplete documentation, unstable income, other loans etc. You have to ensure...
Do You Have Action Bias?
Executive Summary: As humans, we have the instinct to take some action all the time. It feels satisfying. But taking action is not always in the best interests of your investment portfolio. Sometimes it is better to wait till the complex situation passes by, ...
Mutual Fund Scheme Categorisation and Rationalisation
Ayush Bhargava EXECUTIVE SUMMARY: In October 2017 SEBI issued a notification with regards to scheme Categorisation and Rationalisation with a aim to bring uniformity in the Mutual Funds industry. Due to these changes mutual fund companies have started winding up...
Behavioural Biases Affecting Investment Decisions and Their Fixes – II
Executive Summary: Behavioural biases affect people's capability to make the right investment decisions. In this post we talk about Loss Aversion, Herd Mentality, Sunk Fallacy and Self Attribution. In the previous post, we talked about - Confirmation Bias,...
Behavioural Biases Affecting Investment Decisions and Their Fixes – I
Executive Summary: Behavioural biases affect people's capability to make the right investment decisions. It is important to not let emotions rule over the rational mind when it comes to money matters. Here we talk about Confirmation Bias, Familiarity Bias, Hindsight...
Do You Have Action Bias?
Executive Summary: As humans, we have the instinct to take some action all the time. It feels satisfying. But taking action is not always in the best interests of your investment portfolio. Sometimes it is better to wait till the complex situation passes by, ...
Mutual Fund Scheme Categorisation and Rationalisation
Ayush Bhargava EXECUTIVE SUMMARY: In October 2017 SEBI issued a notification with regards to scheme Categorisation and Rationalisation with a aim to bring uniformity in the Mutual Funds industry. Due to these changes mutual fund companies have started winding up...
Behavioural Biases Affecting Investment Decisions and Their Fixes – II
Executive Summary: Behavioural biases affect people's capability to make the right investment decisions. In this post we talk about Loss Aversion, Herd Mentality, Sunk Fallacy and Self Attribution. In the previous post, we talked about - Confirmation Bias,...
Behavioural Biases Affecting Investment Decisions and Their Fixes – I
Executive Summary: Behavioural biases affect people's capability to make the right investment decisions. It is important to not let emotions rule over the rational mind when it comes to money matters. Here we talk about Confirmation Bias, Familiarity Bias, Hindsight...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!