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.

Here we open the first aid box of personal finance

In this article, we'll demystify the intriguing 15-15-15 rule for wealth creation.

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.

Deciding between the two depends on your financial goals, temperament, and available resources. In this article, we'll explore the key differences between investing and trading and help you determine which path might be right for you. 

An emergency fund is an essential part of any financial plan. In this article, we will explore how to build emergency funds for yourself. 

Behavioural finance research has important implications for investors that can influence their decision-making. In this article, we will explore further about it. 

Both strategies have the potential to generate superior returns over the long term. In this article, we will discuss them further. 

Growth investing offers several potential benefits like high return potential, long-term wealth and diversification. Read on to learn more about them. 

This article is a continuation of Part 1 of - Avoid these 5 common financial mistakes to secure your future. 

Securing your financial future requires careful planning, disciplined decision-making, and avoiding common financial mistakes. Read on to learn more about them.

 5 tips for improving your financial well-being.