Source: Livemint In Greek mythology, master craftsman Daedalus and his son Icarus, were imprisoned on an island by King Minos. To escape, Daedalus created two sets of wings made of wax and feathers. As they planned their escape, he had two warnings for his son. Warning 1: He warned Icarus not to fly too high,…
Asset Allocation refers to how you split your money across different assets such as Equity, Debt, Gold etc. This deceptively simple decision is probably the single most important decision when it comes to investing your money. Academic research demonstrates that approximately 80-90% of your longterm investment returns and investment experience can be traced back to…
The picture below shows two yellow lines on a railway track. Can you tell which one is longer? Is it the one closer to you? Or is it the one farther to you? You just have 5 seconds to answer. If you’re like the rest of us, the line which is farther to you will…