When you get advice from somebody you are hardly in a position to tell whether it is in YOUR interest, right? Well, here are some tips! When you go to any professional these days they make their advice sound very ‘professional’ sounding. So what are the signals that you should look for? 1. You go […]
I know a few HNI investors. One thing common to all HNI investors is that they do not like to be classified as a “HNI”. This is good for the adviser too, because no 2 HNIs are alike. Some HNIs are well assured of themselves, satisfied with how their life is going and understand their […]
If you are an investment adviser do you ask your clients the following questions. Conversely, if you are a client does your financial adviser have the guts to ask you the following questions? These questions would show how deep your relationship is… 1. When it comes to money what concerns you? And why? 2. Do […]
When I do advisory for customers building their own wealth – it is not my ‘knowledge’ which is helping them. It is my experience. Not too much talent, luck or knowledge is required to pick a good equity fund or a low cost debt fund. Even lesser skill is required to fill up the form. […]
Many people have asked me this question: Should we invest direct or through an advisor? Like every economist or a CA I will also start by saying – ‘there is no yes or no’ kind of an answer. It depends on the following: – were you investing in 1999, 2000, 2008, 2010…..? then you […]
When you get advice from somebody you are hardly in a position to tell whether it is in YOUR interest, right? Well, here are some tips! When you go to any professional these days they make their advice sound very ‘professional’ sounding. So what are the signals that you should look for? 1. You […]
Ok you are too lazy to make a financial plan yourself, right? I will be more charitable – you are very busy and your wife reads my blog. She has been bugging you and saying ‘Wake up, make a plan….’ so at last you have found a financial planner. What will you ask him? Here […]