Showing posts with label carl-richards.

Buy Low - Sell High = Dumb

“Buy Low – Sell High” – This is one investment advice which is: Cliché, Misunderstood and Abused. People keep waitng for the 'market to clear up' and then invest. This decision to w

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Samosa Economics - Your guide to Inflation

Have you ever been explained the concept of inflation through samosas? A samosa that cost Rs. 10 in 2008 costs Rs. 20 today. This is what is called inflation. This article explores how inflation impac

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Creating Wealth the Slow and Steady way

‘The Hare and the Tortoise’ was one of the most popular childhood fables. While its moral is something that people appreciate, once we grow up and get dragged into the rat race, the moral of ‘Sl

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Just got your big bonus? You might fall prey to Mental Accounting

Mental Accounting refers to the mindset of treating money depending on its source. Applying it isn't necessarily bad, but its dividends pay off only when it is used to improve one’s finances. T

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Ulysses ‘BeesWax in Your Ears’ Strategy for Investments

Professor Shlomo Benartzi provides a very simple, yet powerful antidote to the problem of self control, wherein he calls upon investors to make an Ulyssesan Contract: a decision made in the present

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