Loss aversion bias in investing | How biases affect decision-making | Investing Biases | Scripbox
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Loss aversion bias in investing | How biases affect decision-making | Investing Biases | Scripbox
Loss aversion bias in investing | How biases affect decision-making ...
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ULIPs try to combine life insurance and investment in one plan, but end up burdening you with multiple charges and a five-year lock-in that limits your flexibility. Mutual Funds keep it simple, transparent, flexible, and focused on wealth creation. Even tax-saving ELSS funds come with just a three-year lock-in. For actual protection, a term plan is cheaper and more effective, while mutual funds take care of long-term growth. Mixing life cover and investments in a ULIP is like mixing chai with co
ULIPs try to combine life insurance and investment in one plan, but end up burdening you with multiple charges and a five-year lock-in that limits your flexibility. Mutual Funds keep it simple, transparent, flexible, and focused on wealth creation. Even tax-saving ELSS funds come with just a three-year lock-in. For actual protection, a term plan is cheaper and more effective, while mutual funds take care of long-term growth. Mixing life cover and investments in a ULIP is like mixing chai with co
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