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In India pension products are bought emotionally. We can describe this as a herd behaviour. Here investors follow others without identifying the features of products and their requirements. When sales pitches are made, the sellers push the product and make people understand in such a way as if they are losing their last opportunity. Investors […]
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My friend’s mother-in-law is a widow; she is 75 years old. She sold one of her properties and put Rs. 67 Lakhs in Bank Fixed Deposit in Sr. Citizen Account, she used to run her expenses with the interest. A share sub-broker wrongly advised her to invest in shares; she was told that she can […]
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