Friday, July 25, 2014

Managing money both an art and a science

...........If managing money is so simple, why do people go wrong? It is because of behavioural biases that many investors have. Typically, we like to follow what the latest fad is. For example, as equity investments are generating high double-digit returns now, many are moving their investments to stocks. But keeping all eggs in one basket can be very dangerous for an individual investor. Secondly, ........

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