Or Why you do not need an investment consultant !
If you need bypass surgery, you should find the most qualified surgeon available. If you’re getting sued, you should hire the best defense lawyer in town.These 2 are fairly obvious and I do not think you can do your own root canal surgery, brain surgery or [...]
On the 1st of Jan 3 wise men came on a television channel and spoke about investing. Obviously they are very wise and they have a role to play when they come on television.
One was the head of a big life insurance company, one was the head of a brokerage firm, and one was the [...]
I was aghast when Capt. Ajoy Athalye walked into my office with his wife Sunita announcing that he wants to buy a Rs. 50 lakh commercial space in a suburb of Delhi.
Aghast because he had come to me a week earlier to share his portfolio and seek remedies to that. He and Sunita were employees [...]
this article appeared in Moneycontrol some time back, but (not surprisingly) not too many people appreciated it. Frankly this is one of the best lessons Independent Financial Advisors can teach their investors.
THERE are some word pairs that go hand in hand. When you say one you cant help but think of the other – eg. [...]
Advisor: Sir Please make this investment, it will get you great returns.
Client: How much will it give?
Advisor: Sir it will give at least 15% return over the next 5 years
Client: That is not exciting. May I have something better…
This is such a normal conversation, that I cannot even believe what is being missed. For me [...]
When an insurance advisor approaches us, we are normally not in too much of a mood to buy life insurance!
So when you are short of money, or if you (or your spouse) have lost your job the first casualty is the life insurance premium!
You have just joined the 500,000 people who have lost their jobs [...]
In almost all trainings – whether it is a relationship managers training or a independent financial analyst’s training, one complaint comes through very loudly. It goes like this:
“I have a client who invests 5 a month in a mutual fund regularly. However I am under tremendous pressure to sell him a unit linked plan with [...]
The key to quality insurance is in choosing a good quality Agent. The word agent comes from the Indian Contract Act, 1872 and it is the Christian name for the guy who brings insurance / mutual fund product to your door step. Nowadays they have various names like Consultant, advisor, and the like, but I [...]
This article appeared in moneycontrol.com long back (cicrca 2006)…but it is still relevant, so here it is….
Immaterial of whether you are in your 20’s or in your 50’s and you are looking at an investment you should know some of the basics of investing, so here it is.
By and large at some stage you must [...]
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 finances. [...]