My relationship manager is asking me to buy this product, should I buy this? I have been asked this question a zillion times. My answer is – why do you not learn what you should know and what your relationship manager should know? Actually the answer to this is sheer laziness. Most people do not [...]
this is an old post that I am repeating… I am asked quite often why can you not suggest ’10 best stocks to buy’ or ‘top 5 mutual funds to invest’ or other simpler articles which can ‘lead us to action’. I do have answers to all these questions, but it is difficult to convey [...]
A rich man changed his advisor and was not to happy. While at a club, his friend asked him – hey how is your new advisor. The rich man said “Oh! he is good. After shifting to him, I sleep like a baby. I cry every hour!! Post Footer automatically generated by Add Post Footer [...]
Continuing my dialogue series… Journo: Subra do you not think the life insurance guys get pampered? Subra: Why do you say so? Journo: 40% of the contribution as a commission is too much, do you not think so? Subra: What about products with 122% commission? http://www.subramoney.com/book-written-by-me/ J: Not possible in the financial service industry…..at least [...]
In almost all trainings – whether it is a relationship managers training or a independent financial analyst’s training, one complaint comes through very loudly. It goes like this: “I have a client who invests 5 a month in a mutual fund regularly. However I am under tremendous pressure to sell him a unit linked plan [...]
Indian market today is a very difficult market to please. Is the end client really difficult to please, I am not sure but the distributor is very difficult to please. And the last mile connect is the real tough nut to crack. Whether it is your cable television provider deciding not to give you UTVi [...]