I am not even getting into ‘Ulip vs Mutual funds’ – the experts know it, right? I am trying to see what are the mistakes they make when they buy Unit linked Insurance plans. This is not an exhaustive list, it is just on the basis of interactions that i have had with my readers […]
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. […]
OMG once upon a time (about 20 years ago) one had to go to a British Council or the USIS to get something on Financial Planning. Today every body from a credit card salesman to a real estate agent everybody talks of financial planning. So it has become more and more difficult to understand FP. […]
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 […]
Every day I get one mail at least asking for the following: 1. Will you give personal advise on equity trading? 2. Is it a time to be buying gold? 3. Do you do PMS? Will you do it for me? 4. Why do you not suggest MF schemes to buy? 5. Why do […]
One young fresh MBA girl walked up to me and said ‘I want to get really rich…if you give me just 1% of your wealth, I will be rich’. I said, I will make you rich and teach you to get really wealthy, WITHOUT giving you anything, but by just teaching you…HOW to get rich. […]