In Financial Planning, 80 is a Crucial Number When we think about numbers in financial planning, most people focus on returns, inflation, or retirement corpus. However, 80 is a number that deserves special attention, especially in the Indian context. Why? It symbolizes two challenges that must be addressed...
In recent years, fractional ownership has gained significant traction in India as a smart investment alternative for individuals looking to diversify their portfolios. While traditionally, high-net-worth individuals (HNIs) and institutional investors dominated premium asset classes, fractional ownership opens the door to a wider audience by allowing multiple investors to...
Today, the world mourns the loss of a titan in the fields of psychology and economics, Daniel Kahneman. With profound sadness, we bid farewell to a man whose groundbreaking contributions have forever altered our understanding of human behavior and decision-making. Born in Tel Aviv, Israel, in 1934, Kahneman’s...
Behavioral finance is a relatively new field of study to see how psychology and emotions influence financial decision-making. This field of study has grown in popularity recently as researchers have begun understanding how our emotions and biases can impact our financial decisions. As rightly explained by Hersh Shefrin, “Behavioural...
“Carve your name on hearts, not tombstones. A legacy is etched into the minds of others and the stories they share about you.” —Shannon Alder However, I have contradicting evidence to share. In India, land/property disputes account for two-third (66.2%) of total civil cases. More than Rs.80, 000 crores...
A Man and his son were visiting the market with their donkey. As they were walking along by his side a villager passed them and said, “You fools, what is a Donkey for but to ride upon?” So, the man put his son on the donkey, and they went...
Why is it necessary to get your house in order before jumping on the investment bandwagon!