The silent money killers: Are you making these 3 mistakes?

The real fear isn’t about ghosts. It’s about lost years, ruined credit, and regret.

Is there something scarier than a haunted house?

Yes, it’s a Rs 50,000 investment gone because of a tip you didn’t question. A dream home loan is cancelled because your EMIs ate your savings. Or five years gone, just waiting for the “right” time to invest while others built wealth slowly, quietly.

These are the real horror stories, well, financial ones. They don’t grab headlines. But they quietly disrupt lives.

What’s worse? They’re not about bad luck. They’re about mental blind spots. Emotional traps. And each of them starts with someone like you or me, trying to do the right thing just without the right boundaries.

Here are three stories, each paired with the money principle that could have flipped the ending. 

1. The Rs 2 Stock That Burned a Rs 50,000 Hole

Ritesh, 29, got added to a Telegram group filled with ‘stock wizards’. The messages felt urgent. “This Rs 2 stock is going to Rs 100. Buy before the news breaks.” He had never bought a stock before. But this felt like a shortcut to catch up on all the years he hadn’t invested. He put in Rs 50,000. The stock soared for two days. Then crashed. He couldn’t sell. There were no buyers. The telegram group vanished.

What happened? This wasn’t just bad luck. This was FOMO the Fear of Missing Out dressed up as a “smart bet.” His emotions overpowered logic. He didn’t check the company’s financials. He didn’t check in the history of the promoters of the company. He didn’t ask who was selling when others were buying.

ALSO READDo you use a credit card? These 7 simple habits can improve your credit score quickly

The money truth: Stocks don’t go up because a group chat said so. They go up because businesses grow, profits expand, and more investors want to own a piece of them. The moment someone says “guaranteed multi-bagger,” step back. Because real investing starts with research, not urgency.

How to fix it? Stick to a process. Even if you start small, learn how to evaluate a company or start with mutual funds where professionals do it for you. Don’t follow tips. Follow facts. And if you can’t do all this,

 » Read More

Related Articles

Income tax refund in 4 hours: Taxpayers report ‘fastest-ever ITR processing’

It seems that long waits and weeks of uncertainty after filing income tax returns (ITRs) have become the thing of the past, at least for many individual taxpayers. This year, many taxpayers are receiving their income tax refunds within mere hours of e-filing their income tax returns. This is a major shift from past years

MMRDA deposits Rs 560.21 crore in Bombay HC over metro arbitration dispute with Reliance Infra JV

The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited Rs 560.21 crore with the Registry of the Bombay High Court in an arbitration matter that involved Mumbai Metro One Private Limited (MMOPL).  MMOPL, a subsidiary of Anil Ambani-promoted Reliance Infrastructure (R-Infra), is a joint venture between the company and MMRDA. While Reliance Infra holds 74

Aditya Infotech IPO: From strong subscription trend to GMP, 6 key things to watch out for

Aditya Infotech IPO (CP Plus) wants to raise Rs 1,300 crores. The issue is a combination of fresh issue of 0.74 crore shares totalling to Rs 500 crore and an offer for sale of 1.19 crore shares aggregating to Rs 800 crore. It has already been subscribed to over 2 times at the end of

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Income tax refund in 4 hours: Taxpayers report ‘fastest-ever ITR processing’

It seems that long waits and weeks of uncertainty after filing income tax returns (ITRs) have become the thing of the past, at least for many individual taxpayers. This year, many taxpayers are receiving their income tax refunds within mere hours of e-filing their income tax returns. This is a major shift from past years

MMRDA deposits Rs 560.21 crore in Bombay HC over metro arbitration dispute with Reliance Infra JV

The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited Rs 560.21 crore with the Registry of the Bombay High Court in an arbitration matter that involved Mumbai Metro One Private Limited (MMOPL).  MMOPL, a subsidiary of Anil Ambani-promoted Reliance Infrastructure (R-Infra), is a joint venture between the company and MMRDA. While Reliance Infra holds 74

Aditya Infotech IPO: From strong subscription trend to GMP, 6 key things to watch out for

Aditya Infotech IPO (CP Plus) wants to raise Rs 1,300 crores. The issue is a combination of fresh issue of 0.74 crore shares totalling to Rs 500 crore and an offer for sale of 1.19 crore shares aggregating to Rs 800 crore. It has already been subscribed to over 2 times at the end of

ITR filing 2025: Are you eligible for Rs 60,000 rebate under Section 87A? Here’s what taxpayers need to know

The Income Tax Return (ITR) filing season is in full swing. Like every year, taxpayers while filing their ITRs grapple with issues related to forms, rules or eligibility to claim certain deductions and exemptions. Among various other issues, this time one of the major confusions among taxpayers is being seen regarding the rebate available under

Jefferies flags warning signs after TCS layoffs, ‘this could lead to…’

IT firm, Tata Consultancy Services (TCS) plans to reduce its workforce by 2 per cent in the financial year FY26, as per media reports. The move is expected to affect around 12,200 jobs, from its total workforce of over 6.13 lakh. Jefferies believes the move could lead to short-term execution issues and a long-term spike