DSIJ Mindshare

Herd behavior in investing leads individuals to follow the crowd, influenced by social pressure and word-of-mouth recommendations. This can result in frequent trading, missed opportunities, and overvaluation, all of which increase costs and risk. Avoiding these pitfalls requires independent research, a disciplined approach, and a focus on long-term goals.

SIPs can outperform seemingly higher annual returns over the long term, but it's important to understand the factors that drive return variations and manage risks. The interplay between initial investment amount, fund performance, and market timing can significantly impact overall returns. Even a modest SIP return can accumulate significant wealth over time, especially in a bullish market.

Retirees can now invest double the amount in SCSS, Post Office MIS also increased the maximum investment limit and more. Click to read what's in there for retirees in Budget 2023.

Do you wish to become a crorepati and wondering how to go about achieveing it? Read this article to find answers.

Are you looking to invest in FDs? Check out this article that lists private sector banks offering rates of up to 8 per cent.