The world of investing can be cold and hard. Especially when you start overestimating your abilities. Unfortunately, many also hold on some misconceptions and tend to act under their beliefs and perceived abilities. In this article, we explore some of these misconceptions and beliefs which are harmful to the interests of the investors.

Every decent business setup seeks guidance from experts such a chartered accountant, company secretary and legal advisor. Many businessmen make the mistake of treating your accountant as also your personal finance and insurance advisor. We need to understand that these are different domains and require different skill sets and expertise.