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- Impact of Psychological Behavior in Investment Decisions
Impact of Psychological Behavior in Investment Decisions
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Individuals representing household sector has got a strategic place among diverse economic units since this sector is contributing to a large extent towards our domestic savings efforts. An understanding of savings behavior of this sector is of crucial importance in devising appropriate savings policies. The word savings here implies the residual amount that is available for a person for investment after meeting all his consumption expenses and repayment of loans.
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