this is the second part of the confessions of adviser’s / relationship managers some of the things that i wish to tell my client, but cannot! 1. When I asked you to sell (index 21000) you said ‘it will go to 25,000. Later on you say “You did not say it strongly enough”. Man, you […]
I do a lot of training for IFAs – here are somethings that they wish they could tell their clients: – If you can find all the answers on the net, please ask that website to get you a printout of your portfolio when you want, why should I call the fund house? – It […]
Question: I’m a 56-year-old teacher and my husband recently passed away. I own the home in which I live, but do not have a pension or any investments. All my monies are in public provident funds, national savings certificates, and bank deposits. However, I will receive Rs. 20 lakhs from my husband’s life insurance policy. […]
Real estate broker: Your house is the best asset that you can expect to create in your life. You can expect it to appreciate well over the long run. What to do: Your home will not appreciate. It is not a wealth creating asset. It will not make you rich. Remember it is an important […]
Suzie Orman says: Keep enough money in ultra safe accounts to cover life’s emergencies, – say 8 months expenses – but no more. Financial planners talk only of an income emergency. They do not talk about an asset emergency. When your assets crash and you are reluctant to sell at the current prices it is […]
There is a big rush by the regulators to ‘protect’ the small investor from the big bad fund houses, insurance companies and their agents. The thought is surely laudable and one must appreciate the thought. However, most of the people involved see the markets and the investor with a very nice honorable telescope. They have […]
Mutual fund loads abolished – let us look at how each constituent is likely to react: Investor: He is supposed to be the biggest beneficiary. Most of them will not know about it. A few handful of people (who had the option even earlier) can go direct. However to the best of my knowledge the […]