Circle of Competence- A Mental Model To Avoid Disasters In Investing
The circle of competence is a mental model often used in the stock market to make informed decisions. Charlie Munger, who was the vice chairman of Berkshire Hathaway, always talked about this mental model. He used to say, “If I know where I am going to die, I will never go there.” The same concept […]
Stock Market vs Real Estate: Which is Better for Wealth Creation?
Real estate or stocks? Most people often get confused about which investment option is best for wealth creation. The stock market vs real estate debate is something that has long been here and never seems to end. Both have created fortunes for people, and both carry their own risks and advantages. Both also require patience […]
Stock Market vs Mutual Funds: Key Differences Explained
Two of the most commonly used methods for wealth creation that people use are the stock market and mutual funds. Both have multiple opportunities to grow your money. Though they work differently and have their own merits and demerits. Thus, it is crucial to be able to distinguish between the two, as it would help […]
Stock Market vs. Other Investments: What’s Best for You?
There are multiple ways available to grow your wealth. Whether it is through the share market, mutual funds, fixed deposits, real estate, or gold, you have a variety of investment options. Each of these investment choices comes with its own advantages and disadvantages. But which one is right for you: stock market investing or other […]