NRIs have a distinct edge in building an internationally diversified winning portfolio across bonds, stocks and ETFs from around the world, at low costs and taxes. Do you know India’s share in the world GDP is just about 3%? There are is a large investment opportunity from the world GDP you can tap outside India […]
How the denomination effect messes up your decisions?
Large numbers tend to scare us, we can’t process them mentally. We are more comfortable with smaller ones. This in essence is the denomination effect. Of the several cognitive biases that affect us as individuals, Denomination Effect is an important one. It comes in our way everywhere – buying a phone, property or even mutual […]
16 Rules of Investment Success by John Templeton
Sir John Templeton is known as one of the leading investment managers of the 20th century. A closer association you may recognise is Franklin Templeton, the money manager. Templeton listed 16 Rules of Investment Success. Most of them will resonate with you even though you have heard or read them before. Here they are:
Do fear and greed rule your mind and your money too?
Ajay Gupta (name changed) fell prey to greed. A distant relative approached him a few months ago with an existing investment opportunity. A guaranteed return of 3% per month or 36% per year. This offer was a difficult one to ignore, plus he trusted the person making it. He took it. Ajay worked with an […]
Investment problems of an HNI, High Networth Investor
“Why does your investment portfolio run into 10 pages? Any specific reason?” “Well, nothing specific. One advisor told me to invest in a few funds and I complied. Then subsequently another advisor came along and told me about better funds and I invested in them too. Of course, my Bank RM keeps advising me about various […]