What is an opportunity cost?
Investing

What is an opportunity cost?

 Opportunity cost refers to an unrealized loss incurred due to missed opportunities. Opportunity cost is the cost of not choosing the next best available alternative.

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ULIPS - Unit Linked Insurance Plan
Investing

ULIPS - Unit Linked Insurance Plan

A unit link insurance plan (ULIP) is an investment product which helps you to invest in shares and insurance at the same time. ULIP invests your money partly into insurance to provide you with life coverage and partly into equities and debts to help you create wealth. The best part about ULIP is that you can claim 80 C deduction.

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Top 4 tips to invest in stocks
Investing

Top 4 tips to invest in stocks

Investing is a great option to grow your wealth just in case you have any doubts. However, most people only get partly benefitted from investing their money and are unable to grab the maximum benefits from their investment.

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How do psychological biases affect us?
Investing

How do psychological biases affect us?

Mental biases refer to having a biased perspective in seeing things around. Such psychological biases influence our thought process profoundly as our thoughts are based on our perception. Moreover, It is our thoughts which shape up our beliefs and our behaviour in our day to day lives.

Read More about 19 hours ago
ZERO EMI with ZERO interest – how is it possible?
Investing

ZERO EMI with ZERO interest – how is it possible?

Do you know that there is no cost EMI offered by the largest e-commerce websites of India, Viz Amazon, and Flipkart? Yes, no cost means that there is zero interest, zero down payment, and zero processing fee needed to process the EMI. Wow! That looks so lucrative but how do you think is this possible? If you remember, RBI had notified on 17th September 2013 that no financial institutes can offer ZERO percent interest loans. So, how do you think e-commerce websites manage to provide no-cost EMI with absolutely free interest.

Read More about 20 hours ago
Why are mutual funds so promising?
Investing

Why are mutual funds so promising?

If you don’t understand the stock investment and still want to invest in it, then, mutual funds are a likely bet for you. Investing in mutual funds is pretty much like outsourcing your investments to a stock investment expert.

Read More about 21 hours ago
How to make your kids learn the value of the money?
Investing

How to make your kids learn the value of the money?

Do you find it annoying to buy one toy after the other, and, yet your child keeps demanding a new one? Do you get tired of dealing with the wastage of clothes, food, and toys by your kids just because they have their own choices, preferences, and likings? Do you wish to teach the true value of money to your kids but do not know how to do that?

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