In the course of the last 3 decades of investment behavior that I have seen…let me tell you some of the lies that I have heard…. I am too young to start investing for retirement: Younger people do not like to hear about saving/investing for their retirement – it is just too far away. My […]
We tell our children the following lies and when they find out about that they laugh or think of us as fools… Older people know what they are doing and so are in charge of life! People in power know what is good for us so they work in OUR interest AS we are in […]
There are many lies that we love to tell you. When I saw we I mean the bfsi players, their employees, the agents, and of course our ‘associations’ and our ‘regulators’. Let me break a few for you: Go to a Registered Agent only: This is an advice that all of us love giving. However, […]
Have you heard these housing lies? • A home is a good investment • Inflation makes the EMI very cheap • RE prices NEVER go down – it always keeps going up • You can always rent it out if and when you want to move • Paying rent is throwing away money – with […]
this is not a post…just trying to gather what kind of lies do Investors believe? a) lies that they tell themselves: a) i will live by a budget from tomorrow b) i will start a sip from next month…..etc. b) lies that your RM told you: a) this ulip will give 18% return b) […]
The Term Insurance is the ONLY sensible product that a life insurance company makes. However, the premiums are very low and hence NOBODY in the chain likes to sell this. So the manufacturer does not give any incentive to the sales person and the sales person is OBVIOUSLY not keen to sell it to you. […]
Economics assumes humans are rational beings who do what is good for them. However, this theory is not true for many, especially investors, who can behave irrationally. Let’s examine the biases that can lead to investing mistakes. Read more at: http://economictimes.indiatimes.com/articleshow/55508378.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst my article in Economic Times….