Real Estate Ragulator Bill to make Buying of real estate Easy

NEW DELHI: A bill seeking to regulate the real estate sector, bring in transparency and help protect consumer interests was passed by the Rajya Sabha today. Moving The Real Estate (Regulation and Development) Bill, 2013 for consideration and passage, Urban Development Minister M Venkaiah Naidu said it aims to protect the interests of buyers and […]

With 11 products which offer tax benefit under Section 80 C

With 11 products which offer tax benefit under Section 80 C, we are spoilt for choice when it comes to saving tax. Apart from helping save tax, you need invest in a product which offers the best possible returns. So you need to zero down on which is the ideal product out of these 11 […]

Investment Mistake to Avoid – Anchor Bias

Anchoring or focalism is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. Once an anchor is set, other judgments are made […]

Benefits of buying a top up/Super top up insurance policy

Topping up health insurance is cheaper than buying a new one, but there are caveats to keep in   Even though medical costs are skyrocketing, the average ticket size of a health insurance policy is around `2 lakh—enough to fund small hospitalization costs, but not a serious case such as a heart attack.   Therefore, […]

Thumb Rules That May Help in Financial Life

Thumb Rules That May Help Me in Financial Life A rule of thumb, while not meant to be completely accurate, is an easy way to approximate a value quickly. Here are some rules of thumb that may be put to practice for managing own personal finances. 1. Rule of 72. The Rule of 72 states […]

Do You Need A Financial Advisor?

Do You Need A Financial Advisor? If you do your own investing, have you ever wondered whether you should turn things over to a professional advisor? This article attempts to shed some light on this topic and provide you with some things to think about so you can make the best decision.   When the […]

Common FInancial Mistakes/Biases and How to overcome -Confirmation / Selective Bias – In Search of Supporting-Only Information

Confirmation / Selective Bias – In Search of Supporting-Only Information Confirmation bias (also called confirmatory/Selective bias) is a tendency of people to favor information that confirms their preexisting beliefs or hypotheses. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way. The effect is stronger […]

Investing in Stocks is Risky. Is that Correct?

Investing sensibly in stocks is not risky. Stock market is made out to be a troublesome place by the number crunching, jargon-filled analysts, fund managers, financial advisors, and other stock markets experts. After all, if they do not make you believe that investing is risky, how will they ever be able to sell you their wares […]

All about investing in Mutual Funds Direct Plan

From 1st of January, 2013 you have the option of investing in the Direct Plan option of any of the existing schemes of mutual funds. What does that mean? Basically as the word direct implies, under this option you deal directly with a mutual fund without any intermediary or third party like a distributor, agent, […]

Common Financial Mistake : Endowment Effect

Holding on to what you have is a financial mistake which very few people understand and acknowledge. People generally tend to overvalue what belongs to them relative to the value they would place on the same possession or situation if it belonged to someone else. This is called the endowment effect. For example, a person […]

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