Here is a mail from a reader…I thought readers / fans of planners / etc. should respond. Would love a response from Babar Zaidi, Ritu Kant Ojha, Anirrudha, Kamya Jaiswal, Debashis Basu, Khyati Dharamsi, Deepa Venkatraghvan, …other CFPs, ….all others welcome. I personally do not understand how personal financial planners work (well to a great […]
If it was as rosy as the media projects…why is it that the whole Indian population does not become an agent? Well there are reasons: 1. Agents get treated badly: Agents for any product are seen as an unnecessary evil – and every body makes an attempt to get rid of them! Even if he […]
Amazing how people who do not know anything about debt, equity, mutual funds, risk, real estate, …suddenly turn advisers. No this is not about somebody selling life insurance and mutual fund products, but inside the family ‘advisers’ ever willing to help! They just wait for some ‘helpless’ person and start giving advise. Let us look […]
When a friend who has Rs. 3 crores of aum says I need to create an income stream for my parents what do you do? worry about the loss of aum? suggest a MIP with 10% equities or tell the truth – the Senior Citizens Saving Yojana – now made convenient by being able to […]
It is today easy for a person to get a visiting card with a qualification that sounds very good. Let us see if you can pick which one is a degree got with some effort and what is got gratis: Certified Financial Analyst, Certified Public Accountant, Chartered financial analyst, Certified Financial analyst, Certified Financial Consultant, […]
A friend asked me to see value research online – and see the lead story on why you should distrust your adviser. I was amused because ‘How to select a financial adviser’ is a topic with which I have often grappled for and on behalf of many friends. Let us take a typical ‘media’ answer […]
With the zero load in mutual funds it is perhaps not too wrong to expect that many fund advisors will get out of this business. I am not sure whether this is a correct assumptions but it is a logical one. Will it really happen? Let us see. There will be many people in the […]