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Feb 12

Strategies for Dealing with The Increase in Home Loan Interest Rates

Home loan interest rates have risen from 7% in May 2022 to 9.50%, leading to a substantial increase in EMIs. Borrowers have two options: either to go for an increased EMI or keep the EMI the same and increase the loan tenure. Let us see how the two choices impact…

4 min read

Strategies for Dealing with The Increase in Home Loan Interest Rates
Strategies for Dealing with The Increase in Home Loan Interest Rates

4 min read


Jan 12

Behavioural Biases that Plague Investors: Overconfidence Bias

Definition: The overconfidence bias refers to the tendency for people to overestimate their own ability or the accuracy of their own predictions. This bias can lead investors to make overly aggressive or risky decisions, and take on more debt than they can handle. How it Impacts Investors: The overconfidence bias…

1 min read

1 min read


Jan 11

Behavioural Biases that Plague Investors: Sunk Cost Fallacy

Definition:The sunk cost fallacy refers to the tendency for people to continue investing in a decision or project because they have already invested resources into it, even if the decision or project is no longer beneficial or profitable. …

1 min read

1 min read


Jan 10

Behavioural Biases which Plague Investors: Availability Heuristics

Definition: The availability heuristic refers to the tendency to judge the likelihood of an event based on how easily examples come to mind. How it Impacts Investors: Let’s say you are considering investing in a particular industry, and you have heard several negative stories about companies in that industry recently…

1 min read

1 min read


Jan 9

Behavioural Biases Which Plague Investors: Anchoring Bias

Definition: Anchoring refers to the tendency to rely too heavily on the first piece of information encountered (the “anchor”) when making decisions. How it Impacts Investors: Let’s say you are considering buying a stock currently trading at $50 per share. You do some research and find out that the stock…

1 min read

1 min read


Aug 2, 2022

Joys of Compounding Chapter 12: Building Earning Power through a Business Ownership Mind-set

An investor builds earnings power through a business ownership mind-set. Investing in publicly listed businesses is a great way to passively reap most of the major benefits of running one’s own business, without being exposed to the disproportionate risks emanating from the usual vagaries of directly running a business. Stocks…

1 min read

1 min read


May 4, 2022

Joys of Compounding Chapter 10: Living Life according to Inner Scorecard

The only scorecard that counts is your inner scorecard. Don’t live a life based on approval from others. Be authentic — act in accordance with who you are and what you believe in. Let internal principles, not external validation, guide your life. An outer scorecard asks, “What will people think…

1 min read

1 min read


May 3, 2022

Joys of Compounding Chapter 9: Achieving Financial Independence

The goal of financial independence is to stop depending on others (bosses, clients, a schedule, a paycheck). Financial independence doesn’t mean you don’t work, just that you don’t need to. The pathway toward financial independence Work hard, get an education, develop a valuable skill Use the work career to save up ten times your yearly…

2 min read

2 min read


Apr 29, 2022

Joys of Compounding Chapter 8: Simplicity is the Ultimate Sophistication

Simplicity is the art of thoughtful reduction. Five ascending levels of intellect according to Einstein: “Smart, Intelligent, Brilliant, Genius, Simple.” Three Steps to Simplification Avoid unknowable and unimportant: “There are two questions you ask yourself as you look at the decision you’ll make. (A) Is it knowable? (B) Is it important? If it is…

2 min read

2 min read


Apr 28, 2022

Joys of Compounding Chapter 7:The Virtues of Philanthropy and Good Karma

Develop a trusteeship attitude towards wealth. Pursuit of happiness has to do with an internal journey of learning to know ourselves and an external journey of service of others. - Charles Collier It is never too early to start giving and helping others. It doesn’t matter where you are, or if you have a little to give or a lot to give, something happens to your heart when you share with others. Something that changes you for the better.

1 min read

1 min read

37xBetter

37xBetter

61 Followers

Driven to Learn. Driven to Improve. Driven to Share. Excel and Personal Finance enthusiast.

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    The Good Men Project

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