Open Ended and Closed Ended Mutual Funds – The Key Differences
Mutual funds are versatile investment vehicles that can be classified into various types based on a range of criteria. On the basis of underlying assets, they can be classified into…
How to Calculate Digital Gold Return?
Over the course of the last few years, alternative digital methods of investing in gold have gained quite a lot of popularity. These methods eliminate the hassle that comes with…
Advantages and Disadvantages of Digital Gold
Whether it’s for investment, weddings, festivals, or family traditions, gold has always held a special place in the hearts of Indians. Over the years, new ways to invest in gold…
How to Start a Mutual Fund Portfolio
Over the last decade or so, more and more investors have realised the power of mutual funds as an investment option. In August 2024, the mutual fund industry recorded over…
How to Use Debt Snowball Method in Financial Planning
Dealing with one loan is hard, but juggling multiple loans at once can feel like a complete headache. The good news is that there are strategies to help you manage…
The Sunk Cost Fallacy: Why We Keep Throwing Good Money After Bad
The sunk cost fallacy is a well-known cognitive bias that affects decision-making. It describes how people continue to invest in a venture, relationship, or project simply because they have already…