Denemek ALTIN - Özgür
Sunk Cost Fallacy Can Drag You In Deeper
Outlook Money
|August 2025
We usually spend our time and money on investments or items, with the unsaid expectation of reaping some benefit at the end.
However, the act of making adequate effort doesn’t automatically guarantee the best of results. If you are in a situation when you keep committing to something you have already put a lot of time, money, or effort into, and where quitting would actually be the better choice, you have likely given in to sunk cost fallacy.
The idea here is that you don’t want your effort to go waste and hope that something will change in the future.
Bu hikaye Outlook Money dergisinin August 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Outlook Money'den DAHA FAZLA HİKAYE
Outlook Money
Here's How To File a Complaint With RERA
For many people, buying a house often turns into a nightmare due F often turns a di to delay in possession, subpar construction, fraud by the builder, etc.
2 mins
August 2025
Outlook Money
Don't Lose Out To Loss Aversion
No one likes losing and will do anything to avoid it. When it comes to investing, losing hurts more and that leads us to situations that are not rational, such as holding on to losses in the hope of regaining our capital.
2 mins
August 2025
Outlook Money
Don't Let The FOMO Buzz Affect Your Investments
Most of us would have experienced the concept of fear of missing out (FOMO) at least once in our life. It could trigger when your neighbour buys a bigger car than you, your friends post pictures of holidays abroad or fancy eating places and the like.
2 mins
August 2025
Outlook Money
ITR Filing 2025: What Last-Minute Filers Must Keep In Mind
As the extended income-tax filing deadline of September 15 approaches, many last-minute filers are rushing to gather documents and avoid penalties. While the basic method of filing income tax returns (ITRS) stays the same, there are a few changes you should note when filing your returns for financial year 2024-25 (FY25) or assessment year 2025-26 (AY26). These include changes in ITR forms, revised Form 16 disclosures, and expanded reporting requirements for crypto assets and foreign income. For instance, deduction disclosures under Sections, such as 80C and 80D, have become more detailed. Also, the tax deducted at source (TDS) schedule has been updated and requires you to mention the exact section under which tax was deducted. It's important for taxpayers to pay closer attention this year.
5 mins
August 2025
Outlook Money
Sunk Cost Fallacy Can Drag You In Deeper
We usually spend our time and money on investments or items, with the unsaid expectation of reaping some benefit at the end.
2 mins
August 2025
Outlook Money
Biases That Hold Back Senior Citizens
Seniors are often plagued by biases when it comes to investment, relocation or other life goals. However, longer livespans, inflation, and physical and mental well-being could often necessitate a change in outlook
8 mins
August 2025
Outlook Money
Ditch Anchoring And Dial The Right Number
Imagine walking into a store of your choice to buy a shirt. You see a tag that says, \"MRP: 2,500 - Now available for *1,200.\" Suddenly, the *1,200 tag feels like a great deal even if *1,200 was your budget all along. Why? Because your brain just got anchored to *2,500.
1 mins
August 2025
Outlook Money
Dividends Vs Bonus Shares
When a public limited company earns profit, it can either reinvest that money back into the business or share a portion of it with its shareholders.
2 mins
August 2025
Outlook Money
Instant Gratification: Rein In Your Desires
The gap between desiring something and purchasing it has never been shorter than it is today.
2 mins
August 2025
Outlook Money
Recency Bias Can Hurt Your Portfolio
Have you ever noticed how an equity mutual fund delivering better returns over the last year suddenly gets all the attention even if it lagged behind for a few years before that?
2 mins
August 2025
Listen
Translate
Change font size