The way the media is talking about the mutual fund distributor, the common man must be thinking that the IFA or the ‘agent’ as is generally known must be a big, rich guy, right? No. Most, if not all are agents by force. The financial service industry is very class conscious and recruits only MBAs […]
What are the signals of knowing an adviser is good or bad? Sadly even though one can write many points to know who is a good adviser…the need is for spotting the WRONG guy which is more important! If he says the following things, keep your antenna up and please pick up the signals: 1. […]
Not sure how many of you even remember the big printed (8-9 pages) airline tickets (not too long ago – 2002 it was still in vogue)…the travel agent (without whom you could not book the tickets), the discounts of 8% that the agents gave (to people who asked!!), or the free ticket for the wife […]
I do financial planning at a more philosophical level than most other planners. I largely look at my ‘job’ of helping people help themselves. This of course is NOT a good business idea, and does not make any sensible money, but so be it. Recently a reader turned friend had asked me to review his […]
There are a few words which when a financial planner says looks cool. If my planner said them to me, I would look for a new planner! What are the words? 1. I will give clear, and UNBIASED advice! After 30 years in the trenches of the financial services industry I have not been able […]
Planning for a secure financial future is a must! It can be done, and is not easy, but is not rocket science either. Maybe you’re saving to buy your first home? Perhaps starting your own business is a dream. The costs of a college education have spiraled and you may wonder how you will […]
Well I have a lot of presence on the web – fb, linkedin, twitter, then the obvious mails…etc. One of the websites I use is ‘moneycontrol’ – for prices and charts…funny thing is a part of my portfolio is there. I keep getting advice as follows: –Cholamandalam is the biggest loser in your portfolio..what should […]