Author: Truemind Capital Services

Doctor

The Curious Case of a Doctor’s Finances

June 17, 2019

Post Views: 96 There are more than 8.4 million doctors in India today, contributing to annual growth of a phenomenal 16-17% of the hospital industry. If the spends on healthcare are increasing, so are the earnings. But while the doctors take care of our physical health and fitness, they need to ensure the fitness and good health […]

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FOMO

Is Fear of Missing Out playing on your mind?

June 4, 2019

Post Views: 287 Be greedy when others are fearful and be fearful when others are greedy. – Warren Buffet  Indian stock markets have taken a good leap forward after the exit polls declared the return of  NaMo led NDA with a stronger mandate. This has bolstered the confidence of bulls on the back of expected […]

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MYTHS

Myths Busted: All You Need To Know About SIP

June 1, 2019

Post Views: 358 ‘Should I continue my SIP or stop?’, Owing to the recent market conditions, this is one question a lot of investors have asked and a question we have heard far too many times. But here’s a fact. The mutual fund industry in India added ~9.15 Lacs new SIPs every month of last […]

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Personal Finance

5 Most Avoidable Mistakes when Planning Personal Finance

May 8, 2019

Post Views: 491 Despite the various reading material available in digital and print media nowadays, there really cannot be the one ideal guide for financial planning. What you invest in and how, is directly proportional to your goals in life, your willingness to take risks, your age and the corpus you have created. There is […]

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Outcome Bias

Beware of outcome bias while investing

April 25, 2019

Post Views: 443 Beware of outcome bias: Focusing on process pays higher dividends There is a human tendency to focus entirely on the outcome and not on the process. Someone scoring good marks, someone winning a game, election, fight, etc. has a lot to do with overall context under which the results came. Many times […]

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Why financial planning is important?

Financial Planning- a marriage between your goals and investments

April 4, 2019

Post Views: 568 There are arguments against financial planning that say it makes you take life too seriously. Well, unless you are born into the King’s family, we suggest it is rather prudent to take life seriously! Another wrong notion here is about the amount of corpus (read large) you must have, to begin planning […]

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risk-o-meter

How to read the Riskometer in mutual fund product ads?

March 25, 2019

Post Views: 291 Since 2013, SEBI has been trying to police the way mutual funds are being presented to the investors, trying to make it increasingly transparent. At first, there were the color-coded risk-profilers that came along with the mutual funds. But in 2015, SEBI probably thought the investors were having to indulge in a […]

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Social Proof

Do you need social proof to invest?

March 12, 2019

Post Views: 409 Social Proof plays a very dominant role in decision making by those people who are not confident & thorough enough about a particular subject. Historically, people have felt safe and confident in following the herd instinct. The more people that display a certain behavior, the more acceptable we think that behavior is. […]

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