by Raafia Dabir | May 22, 2012 | Behavioural Finance
“All within budgets… finally… hence approved!!! Good job done!!!” announces the regional manager. “Let’s now proceed with the recruitment”, says the Sales Manager to the HR Manager. After 3 days and about 20 gruelling man-hours of work, the recruitment plan was...
by Raafia Dabir | May 22, 2012 | Behavioural Finance
We always do meticulous planning if it is related to our job, or a holiday or simply a party for friends. But we don’t we plan our money… why? There can be lots of answers to this but let’s first consider blasting some common lame excuses; Excuses Solutions...
by Raafia Dabir | May 15, 2012 | Behavioural Finance
Unconventional thinking is THE most powerful weapon in creating everlasting wealth. In other words, to become wealthy it is critical NOT to be satisfied. I am not saying that you must be dissatisfied with your life, so much so that you get stressed. Oh no! Instead, be...
by Raafia Dabir | May 15, 2012 | Behavioural Finance
“My salary is great, I save a lot of my income and make investments regularly. So, why am I not getting rich?” If you find yourself asking this question all the time, let’s do a reality check. In all probability, there are two reasons that get in the...
by Raafia Dabir | May 8, 2012 | Behavioural Finance
The most ridiculous question a financial advisor can ask his client is: “What is the level of risk you are comfortable with?” Ironically, most advisors ask this. Some just ask, while some use sophisticated tools for risk profiling. All of them, in the end, are...
