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Money matters: Misvestment occurs when tax relief is mistaken for wealth (value) creation | Photo Credit: Getty Images/iStockphoto A week ago, my friend Rathi called and asked for suggestions on investment avenues. When I asked her about her goal, she said, “I have three more months before the financial year ends. I want to save…
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Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Last week, my friend Sudha told me she had invested her bonus in a mid-cap stock. When I asked why she chose that company, she replied instantly, “My boss said it will become 10X in five years.” No goal, no logic, no fundamentals, no analysis….
Read More “A behavioural lens on ‘misvestment’ – The Hindu” »