Most individuals we come across, are more worried about saving taxes than saving for their future. However, in the pursuit to save taxes, individuals more often than not, ignore financial planning. Many are of the opinion that planning their personal finances can be accorded a lower priority, after tax planning. They believe that financial planning […]
Financial Freedom
3 Golden Mantras to Achieve Financial Freedom
Assuredgain believes the path to success is by keeping it simple. Three golden mantras to achieve financial freedom are: You must spend less than you earn Commit to a strategy you can follow. Be disciplined and exercise patience. Tax season forces people to take a cold hard look at their finances and investment portfolios whether […]
Maximizing savings: ONE FOR THE MONEY
Maximizing savings is one of the most important things you can do to ensure you are comfortable in the future. Unfortunately, many people fail to put in place strategies that increase their wealth. A good way to start saving is to make a lump sum deposit into a separate savings account and make regular deposits […]
The Business of Being a Billionaire – Warren Buffett
Warren Buffett needs little introduction, especially for those focused on the business of making money. The richest man in the world is arguably one of the most successful investors of all time. But he’s also one of the most mysterious. In a world where fast money and big egos rule, he prefers to live his […]
Taking a comprehensive approach to your financial life
Money means different things to different people. Each of us has different dreams. You may want to achieve or maintain financial freedom so that you never have to work again – even if you plan on working the rest of your life. You may want to make a high quality education possible for your children […]
Loss aversion? Most investors and traders are victim of this phenomenon!
Loss Aversion: In economics and decision theory, loss aversion refers to people’s tendency to strongly prefer avoiding losses to acquiring gains. Some studies suggest that losses are twice as powerful, psychologically, as gains. V Raghunathan explains this phenomenon in his book The Corruption Conundrum and Other Paradoxes and Dilemmas. ‘The pleasure of Sensex going up […]