Every normal Economic Man should aim at the following: Maximize earning Minimize expenses Minimize legal taxes Improve health Maximize wealth post tax Are these assumptions correct? or am I being foolish? Well these assumptions are correct, but I do meet people who do not think so. Some of their arguments are different. Let me tell […]
Now that you have your goals, you need to believe in it. It is important for you to realize, know and believe that: You Can Do It Henry Ford said, “Whether you think you can, or you think you can’t, you’re right.” You need some confidence in your ability to live your life in the way that will […]
The ability to do anything is like building muscle in a gym. Or like building stamina. It happens little by little. Even the ability to stop spending money on things that you do not really need is like a muscle. The more you exercise it, the stronger it becomes. After a while, you realize that […]
the black sheep of the Amc industry is of course Vanguard..they always thought differently… now when the whole world is saying “market will now grow fast” they are warning that investors are IGNORING RISKS…read on…this is about US markets…ditto for Indian markets too…but Vanguard does not have an Indian arm… https://www.bloomberg.com/news/articles/2017-02-03/vanguard-warns-of-trump-sugar-high-as-investors-ignore-risks
It is very difficult for an adviser (financial, health, education…) to build credibility. In an industry where there are so many fly by night operators (the 97% of them get the 3% of us a bad name)…how does one build credibility? Well the following have worked for many of the advisers that I have met… […]
Once you make up your mind, you see only data confirming that view. This is called confirmatory bias. So here is a confirmatory bias article that I found on Huffingtonpost. Normally I do not like stuff on H’post…but this is a good article meant for RE lovers I guess. I fully agree with the author […]