Some of these questions and client behavior situations stump advisers: Too much importance to form, and nothing to substance: Many (if not most) clients like pie diagrams, comparative performance, what is happening in the world report – but actually have no substance. Not knowing what to look for in an agent: clothes, perfume, location of […]
If Starbucks, Barista and CCD were to commission a study on impact of Coffee on human health, you do not expect them to say “it causes harm” right? Or if Toyota was to do a FREE SESSION on safe driving …the lecturer to say “therefore Bolt from Tata Motors is the safest car in that […]
I am not sure if these are the biggest investment blunders…but here is my take: Not understanding portfolio risk: ‘Equity’ is risky. ‘Mutual funds means equity’. ‘You have benefited from equity, does not mean we will. ‘Sip does not always work’. These are statements I hear regularly. To me all this comes from not being […]
Bucket theory of portfolio management….i hope you have heard it. Instead of saying what it is, let me describe a case study – and you will understand it better! Mr. A is a retired person (retired means does not do any activity to earn money, and he is fully dependent on his portfolio for his […]
Even though we are all above average, intelligent, smart and financially savvy, we still need to read this. You got it, right? We all cannot be above average. A few of us have to be below average. This post is for all of us. Everybody in this big bad world is trying to sell you […]
Why is the Advisory practice far more risky today? Simply because of the media noise. Also there are too many players with poor knowledge but far better marketing skills. This means that if there is an adviser who removes the sheen from the advice there is likely to be no respect for the person. Let […]
What an amazing question. Give me enough data and time, I can torture the data enough to tell you how you can lose money in SIP as well as how SIP can make you a millionaire, OTHER CONDITIONS REMAINING SAME. If you had sold at every peak (weekly) and bought at every bottom (obviously weekly) […]