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 […]
Investing
Personal accident insurance policy? Must buy policy for every individual
Accident insurance policy – Must buy policy for every individual Accidents are the fact of life. Chances of mishaps happening to ourselves seem almost remote but they could happen at a time when you least expect it. The probability of you met with an accident in India or abroad is very high. Do you know? […]
Advantage of passing NCFM EXAM
What is NCFM: NSE’s Certification in Financial Markets. NCFM: NCFM is a nationally recognized certification which is mandatory for various professionals in capital markets in India. Individuals aspiring to enter the financial services industry in India have better prospects if they first get the NCFM certification. AssuredGain’s training programs provides a holistic understanding of […]
10 Tax saving strategies for salaried individuals
At the end of every financial year, many tax payers frantically make investments to minimize taxes, without adequate knowledge of the various available options. The Income Tax Act offers many more incentives and allowances, apart from the popular 80C, which could reduce tax liability substantially for the salaried individuals. Here are seven smart tips to […]
The 12-Step Get-Out-of-Debt Plan! – Making Debt Reduction Work For You!
In spite of steady, regular income there are so many individuals who carry their credit card outstanding, and fail to save anything for retirement. If you are one of them, now is the right time to take action to come out of debt and stay out of debt. It is not only possible; it is […]
Investing in gold? MUST READ this!
The word “Gold” immediately catch attention of most Ladies. The question is “ Is it good for gentlemen too?” Here is the information which may change the declining consumption of gold in India. As they say the Ladies are generally found of Gold Jwellery, while most Men are more focused on Investment in other Instruments […]