Behavorial Finance | Enrichwise

August 10, 2024 Behavorial Finance, Stocks, Mutual Funds, Etf's etc, Strategy Enrichwise Digital

How to Market-Proof your Investment Strategy?

The world of mutual funds is ever-changing. But one principle stands the test of time: disciplined investing. While it's tempting to try and outsmart the market, maintaining a steady course is by far the surest path to achieving your financial goals. Understanding Investment Discipline Investment discipline basically means adhering to a well-defined investment plan, regardless [...]

September 28, 2023 Behavorial Finance, Financial Planning, Investment Planning Kapil Jain

Mind over Money: Mastering the Mental Game for Financial Triumph

Mind over Money: Mastering the Mental Game for Financial Triumph Introduction We all strive for financial success and stability in our lives, but the path to achieving it can often be challenging. While it is essential to develop a solid understanding of financial strategies and investments, we often overlook the importance of our mindset when […]

March 17, 2023 Behavorial Finance, Retirement Planning Kapil Jain

Mind your money : How your mindset impacts your finances?

Mind Your Money: How Your Mindset Impacts Your Finances Money might be a tricky topic. Want to know what makes an individual successful with their money? It’s their Money Mindset. Your money mindset can affect every aspect of your financial life, from how you earn and manage money to how you feel about it. First, […]

March 19, 2022 Behavorial Finance Kapil Jain

What is Self Serving Bias? How can you Overcome this Bias?

Understanding Self-Serving Bias & Why You Need To Take Responsibility How many times have you boosted your talent when things went right and luck when things did not go as planned? Most of us have done this multiple times and we are likely to do it few more times as well. And this behaviour in […]

March 11, 2022 Behavorial Finance Kapil Jain

What is Confirmation Bias? How to Overcome Confirmation Bias?

Everything You Need To Know About Confirmation Bias Have you formed a wrong opinion of someone in your head? In a way that no matter how much good they ever do, you’d keep them at arm’s length, and nothing they do or say would budge your opinion of them? Humans have a tendency to ignore […]

March 6, 2022 Behavorial Finance, Financial Planning Kapil Jain

What is Hindsight Bias? Also known as “I Knew It” Bias!

All about ‘I Knew It’ Bias Do you get the feeling that you always knew how a situation is going to unfold? Well, it is not uncommon to feel that way. Most people assume that they could predict the outcome. However, we make many predictions. This is a common bias that most of us suffer […]

January 18, 2022 Behavorial Finance Kapil Jain

What is Familiarity Bias? How to Overcome this Bias?

All about familiarity bias “Investor’s chief problem and his worst enemy is likely to be himself.” – Benjamin Graham We like to believe we make rational decisions. Not just that, we also believe that your feelings and emotions don’t play a role in your decisions. Investing is no different. It is assumed that investment decisions […]

September 17, 2017 Behavorial Finance, Inspiration, Life Planning admin

How do successful people operate & some extreme charts … Weekend good reads..

👉 Life is beautiful … Make it count… Weekend good reads … (1) ❓How Do successful people COMPOUND TIME 👉 Some Common attributes of the likes of Warren Buffet ,Albert Einstein , Ben Franklin , Steve jobs , Oprah …. and many more …. on how they expand their time despite the “busy” ness … […]

August 19, 2017 Behavorial Finance admin

Delayed Gratification ~ The Marshmallow test !!! ~ The one quality must for success…

👉Weekend good fabulous short video … 👉 DELAYED GRATIFICATION , or deferred gratification, is the ability to resist the temptation for an immediate reward and wait for a later reward. 👉40 Years of Stanford Research Found That People With This One Quality Are More Likely to Succeed 👌🏼The following popular short video experiment of MARSHMALLOW […]

May 6, 2017 Behavorial Finance admin

Never Judge a Decision by Its Outcome: Outcome Bias

Never Judge a Decision by Its Outcome: Outcome Bias A quick hypothesis: Say one million monkeys speculate on the stock market. They buy and sell stocks like crazy and, of course, completely at random. What happens? After one week, about half of the monkeys will have made a profit and the other half a loss. […]

Category: Behavorial Finance