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...
by Raafia Dabir | May 8, 2012 | Behavioural Finance
Everything is possible; this is truer today than it was ever before. Today, we live in a time where we can desire to have more, can afford more and there is maximum likelihood of achieving all that we expect out of life. Following are two questions to which you must...
by Raafia Dabir | Apr 24, 2012 | Behavioural Finance
Prakash Mehra is 58 years old. He lives in Hong Kong and is going to retire at the age of 60; 2 years from now. Upon retirement, he plans to settle down in Mumbai, his hometown. The month of October 2007 will go down as the most historic month of his life. He has sold...
by Raafia Dabir | Jan 3, 2012 | Behavioural Finance
Whenever there is confusion and no definite answers are available to most questions in my mind it’s a tussle of acting with knowledge v/s information. The confusion stems from the fact that people tend to act on information more and generally without application of...
by Raafia Dabir | Jan 3, 2012 | Behavioural Finance
If someone were to ask me what is the best investment to do, my perpetual answer is and always will be, “Invest in You”. That’s right, you are your greatest asset and you are responsible for everything you do whether you create or destroy wealth. The number of people...
