You need a law degree and one in finance to understand all the products you need. Along with time and patience. here's how to cut through the clutter.
Expense AccountPersonal FinanceUncategorizedNovember 3, 2015by Monika Halan0Reducing choice, not well-being
Too much choice freezes decision making. Regulators must prevent me-too products that clutter the shelf in financial products.
Consumer RightsExpense AccountPersonal FinanceUncategorizedOctober 29, 2014by Monika Halan0Too much choice; too little help
Too much choice kills the investment decision. Keep it simple if you don't know enough.
Expense Account, Mint You’re taking some friends out for dinner and you’re faced with a choice of five bottles of wine. Which would you pick? Assume your knowledge of wine is as much as mine about cricket, so price becomes your only handle. Your choice set is: Rs1,050, 1,250, 1,550, 2,950 or 5,500 per bottle....
Expense Account, Mint Imagine that you are the manager of a school cafeteria. The school offers a wide range of food and beverages. Suppose research shows that no matter what is at the top of the list, the top three items get ordered more than the rest on the menu. If the manager writes out...