There is a lot of speculation in the news of term insurance premiums for new policies going up by 15-20%. In this article, we investigate this and break down the problem into how term insurance policies price policies, why the premium might be going up and what can insurers do about it. The event that …
Term Insurance Premiums are being hiked. Know why? Read More »
tick. That’s 1.3 billion Indians having gotten older by a second. And while this might not feel important to a young country like India now, it sure will be when India greys with almost 1 in every 5 Indians being over the age of 60 by 2050. In this article, we explore pension schemes around …
National Pension Scheme (NPS) and The Retirement Timebomb Read More »
There are dozens of term insurance plans to choose from. And selecting the right plan is of paramount importance for the financial security of your family. In this article, I give you five detailed steps which will help you zero-in on the perfect term insurance plan Life was so much easier in the 1990s In …
Step-by-Step Guide on How to Choose a Term Insurance Plan Read More »
Behavioural economics and gambling do mix. In this article, we look at two behaviours seen with gamblers which can help us how the mind of a gambler really works. In this post, we shall look at gambler’s ruin and gambler’s conceit. What is Gambler’s ruin? Gambler’s Ruin is when a persistent gambler raises his bet …
The hot hand fallacy is a belief where the first outcome has a bearing on the second & subsequent outcome. This is most observed in basketball games where people expect a high scorer to keep on scoring. We see similar applications in gambling and investing. What is the Hot Hand fallacy? The hot hand fallacy …
What is the Hot Hand Fallacy? Learn with examples Read More »
The law of averages is a belief that everything tends towards the mean. And there is no room for superlative performance. This is often used in a game of cricket or in sales seminars. In this post, we see if the law of averages really works in the investing profession What is Law of Averages? …
What is the Law of Averages? Learn with Examples. Read More »
A house edge is a mathematical advantage that the casino has over you if you play long enough. In this post, we look at the meaning of house edge, how casinos make money on different games and how you should look at the odds. A Quick History on Gambling Gambling dates back to a time …
House Edge Explained for Poker, Blackjack & 10+ Casino Games Read More »
Everytime RBI modifies the interest rate, it puts into motion the levers and pulleys of the economy. This move has impact on household savings, lending, stock markets, bond markets, capital expansion and the general state of the economy. In this post, we shall examine the implications of RBI interest rate changes on these essential cogs …
Why RBI Interest Rates affect your loan EMI & credit cards bills? Read More »
The Federal Reserve benchmark interest rate (also called the Fed rate) is a key component of the United States central bank’s monetary policy. The federal funds rate influences stock markets, bond markets, consumption patterns, savings and the general health of the economy. Many countries use the Fed interest rate as their benchmark. Interest Rates in …
What is the Fed Interest Rate? Bonus: Rates of 30+ Central Banks Read More »
