Elevate Your Life

We carry many fallacies and biases because of which we lose money during investing.

We discuss five (5) such principles from Daniel Kahneman which can prevent you from financial losses.

Some examples / references in the podcast are from the books:

Should we pass on wealth to the next generation?

This can be a controversial decision to make in a family but has long standing impact on the way you live your own life.

Is earning money the purpose of life? Or is there a different meaning to Financial Freedom?

How fast or slow you need to be while taking decisions? What if you take a wrong decision?

Gold is a relatively smaller but essential element in any portfolio. Know why.

Dividends - the word attracts investments, and that's probably all about it. Dividend mutual funds will always give you worse returns vs regular mutual funds. Dividend Stocks may also be no better.

SIPs are a great vehicle to get going on your investing journey in a volatile market. But are you aware of the situations in which your SIPs can actually be detrimental? You better be.

While we must have goals and target some results, the focus should immediately shift back to the effort. Its the effort that satisfies your soul.

We often confuse attachment for love. Love is all about giving and being detached. Attachment, on the other hand, creates stress.

Whats the purpose of life? This one question can keep you intrigued for the remainder of your life, unless you go deep and do the root cause analysis of everything that you do today.