Since 2013, we are seeing a good amount of investors opting for the direct option, and getting themselves away from commission agents. This gives birth to the concept of DIY or do-it-yourself in Personal Finance or Mutual Funds in particular. But does this means all investors can do without advisors? Well, one of the recentRead More
Tips & Tricks
Lessons from Socialtradebiz.in Scam … 3700 Cr Fraud
If you are thinking this is a new scam happening for the first time- no. In past also many companies like socialtradebiz.in have duped investor’s money. Lakhs of people who are very much knowledgeable believe in these investments and then are robbed in daylight. On 3 Feb 2017, the Director of Ablaze Informatics with 2Read More
Is LTCG Rules Changing in Equity Mutual Funds? – What to Do?
There is a widespread rumor that the Long Term Capital Gain rule is expected to change in the forthcoming Budget 2017 on Feb 1, 2017. Me and lot of advisors are receiving call whether they should book profits? The current rule says that if you hold an equity mutual fund scheme for one year andRead More
Know – Who is an Agent? … & Who is your Advisor? Part 2
The intermediaries/brokers/agents in the financial sector are not law defined, but part of the evolution of the personal finance industry. The industry matured but not all middlemen understood and embraced change. They stuck to old practices and deteriorated the value. Sales pressure, commissions competition, and uncalled promotional offers started making a toll on real advisory.Read More
Know – Who is an Agent? … & Who is your Advisor? Part 1
Have you seen or read the Niall Ferguson’s “The Ascent of Money”? If not watch it. The book/documentary gives you a complete account of the history of “money” and how it became so important part in the today’s world. I am going to do the same, provide you the history of Financial Distribution in India.Read More
Know the 7 Signs Stopping You to be Rich
All the behavior is deterrent between you and the goal to achieve financial freedom. It is very much the behavior that makes all the difference. When it comes to being rich we read a lot, we listen a lot but hardly implement.Read More