Real estate is the most profitable due to the high potential for appreciation and passive income streams. Investing in real estate allows for equity accumulation through loan paydown and appreciation, as well as rental income that can exceed expenses. Real estate has always been a popular investment vehicle due to the potential for long-term returns… Continue reading Why is real estate most profitable?
Category: Behavioral Economics
Why is Debt a Trap? Know the Truth
Debt is a trap because it’s easy to get into and hard to get out of. Interest payments can make it difficult to pay off the principal, and late fees can add up quickly. If you’re not careful, debt can spiral out of control and ruin your financial life. Debt is a trap. It’s a… Continue reading Why is Debt a Trap? Know the Truth
How Metro Rail Develops an Area?
Metro rail is important for the development of an area because it provides efficient and reliable transportation, which can help to reduce traffic congestion and pollution. In addition, metro rail can also help to boost economic activity by providing access to jobs, shopping, and entertainment. The development of an area is essential for the economy… Continue reading How Metro Rail Develops an Area?
Capital Budgeting | How to manage?
Capital budgeting is the process of making decisions about investments in long-term assets for a company. The goal of capital budgeting is to find projects that will increase the value of the firm and create shareholder wealth. There are several methods that can be used in capital budgeting, including net present value, internal rate of… Continue reading Capital Budgeting | How to manage?
Confirmation Bias | All you need to consider
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses. Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses. It is a type of cognitive bias and represents… Continue reading Confirmation Bias | All you need to consider
Why is Self-Serving Bias Good?
Self-serving bias is the tendency for people to attribute their successes to their own abilities and efforts, while attributing their failures to external factors. This bias can lead people to overestimate their abilities and underestimate the role of chance in their successes. It can also lead to overconfidence and poor decision-making. Most of us have… Continue reading Why is Self-Serving Bias Good?