If you are investing to make money, an index fund is good enough. In case you believe that 2-3 well managed funds are better than an index fund, take that path. There is, absolutely no reason why you should take the direct equity route. To me the direct equity route will die in about 20 […]
It is common to see people with some reasonable income to be chased by Relationship Managers to buy some product or the other. Most of them have no clue to understand what is being pushed at them….so they say YES!! Here is a checklist of important questions that you should ask before you invest: Do […]
well the jury is out on that. Many people who cannot even define financial advise are quick to say that a financial adviser is not necessary. I know some extremely competent people who will be able to handle everything themselves seek the help of a FA. I know some very ordinary people – with limited […]
“In a recent incident, a senior citizen, a retired General Manager of a private sector company who had invested his retirement benefits in Fixed Deposits with one Private Sector bank was convinced by the bank’s representative to invest Rs. 2 lakh in an investment scheme assuring his funds would earn a minimum 11% interest and […]
I have seen so much of abuse of the IFA, and especially the small IFA that I thought that such a piece was very important. every IFA that i have met – and I have met more than 8-9000 of them has one client success story at least many IFAs will tell you about DECLINING […]
http://www.dailyo.in/business/sebi-killing-financial-inclusion-mutual-funds-amfi-investment-inflation-economy/story/1/10883.html This is an article by Vivek Law about why SEBI is killing financial inclusion. Let me explain some of the ways a regulator works. I have met and spoken to Vivek Law – but not sure if he remembers me, even I have not seen him since his CNBC times. So before I reply […]
Kavita Krishnan does a great job on MagicbricksNow – I think she indulges me. Most of these answers she knows – the kind of hard work that these boys and girls put in is awesome…