Sounds funny but we may have reached a state in our lives that we need coaches for many things. It is not far away that a Wedding Planner will include ‘pre-wedding’ arrangements like doing a medical test for the bridal couple, arrange for a session by a financial planner – on how to manage your [...]
A friend introduced me to the owner of a nice gym in the suburbs of Mumbai. He has a nice ‘civil service’ background but quit all that to start his own gym. While talking to him I came to some fantastic observations which people in financial services could use:
1. Even though he pays a good [...]
Two interesting conversations with two different Independent Financial Advisors was very interesting. It is worth mentioning here!
Normally the word cheated or cheating is assumed to be associated with the client being cheated, but in these cases it was the adviser who was cheated.
When I started my articles for doing my Chartered Accountancy in Sharp & [...]
Many clients, students and friends call back saying “This xyz person offerred me 36% returns on life insurance policies” is it possible?
My answer has been “The fact that you are asking me shows you do not believe it”. After all you do not call me every day for every thing, do you? – is my [...]
Financial inclusion, Financial Advisory, Financial planning, Financial planner, Financial literacy….vow these are the catch words today is it not? And all the financial product manufacturers, bankers, websites, etc. are now getting into all of these in some form or the other. It is politically a great sales pitch. However it reminds me of an English [...]
I am a part of the team that does a column called “Portfolio Doctor” for Money Today magazine. This column is very popular – and the requests for being featured far, far exceeds the number of columns that can be carried.
So here is what the editor of MONEY TODAY has to say about the column:
Here [...]
I have myself written many times about how to get rich and such other topics. Now I am myself changing it – some may even say topsy turvy.
Ok if you do google you will find the steps – have a plan, make a budget, save money, invest it, put it in a mutual fund, do [...]
Media loves to bash the financial advisors. The main accusations about FAs are – they sell products which the clients do not need, they sell products which have the highest commissions, they do not know all that they should know….etc.
Let me now bat for the FA. A good FA should be well qualified (let us [...]
Or Why you do not need an investment consultant or an Investment Advisor !
If you need bypass surgery, you should find the most qualified surgeon available.This need not be the most expensive surgeon. Some surgeons are better at PR so they command a higher price. Some surgeons are good but in smaller hospitals. You need [...]
Financial advisors – the media’s new villans have a view point too. A few friends and relatives ‘claim’ that they listen to my financial advise. One of them is my cousin who has now retired. Last week when I met him I realised that all his money was in $ denominated fixed deposits – and [...]