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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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You do get a lot of free advice on everything under the sun. Point is, one is not able to distinguish which advice has some ulterior motive and which advice is really meaningful advice. The problem is acute especially when the subject matter of the advice is unknown – like in the case of the […]
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How many times have you asked your relationship manager in your bank/your Mutual Fund or Insurance agent that “What’s new in the Market”? Let’s take it other way – How many times you have been approached by your Relationship manager in your bank/ your Mutual Fund or Insurance Agent that “This is new and improved […]
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Finding financial advisors or sales representatives who call themselves advisors, is easy. They are seemingly on every street corner. More than 50 Lakh people in India sell investment and insurance products. The low entry barrier for selling the financial products has ensured that anyone at all can become an advisor. The basic expectation from an […]
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