My story was also showcased on freefincal.com under “Fee-only adviser journey”. Here is the link to freefincal article https://freefincal.com/fee-only-advisor-journey-swapnil-kendhes-successful-transition-into-a-sebi-ria/ “Past events always look less random than they were. I would listen to someone’s discussion of his own past realising that much of what he was saying was just a backfit explanation concocted ex post by […]
Flaw in advising aggressive equity allocation to all young investors
It is conventional wisdom among financial advisers that young investors should have aggressive equity allocation of 70-90% since they have longer time horizon. A long-time horizon gives young investors much needed staying power which is essential for equity investing. While time horizon is an important factor in making asset allocation decisions and the rationale behind […]
Bad sequence of return
Much is said and written about the risk of inflation and how equity allocation in the portfolio can help protect and increase purchasing power of money. More and more investors are waking up to the necessity of having equity in their portfolios. Equity Mutual funds are increasingly becoming preferred choice of investment for retail investors. […]
Why Flat Fee Only Model of Advisory (from an Adviser’s perspective)
Commission selling is financially more rewarding for advisers than flat fee only model of advisory. It also brings awards, rewards and appreciation for advisers within ever growing agent and adviser community. Flat fee only model which is in its nascent stage in India, offers none of this. People like me, who are choosing flat fee only […]
When advisers look stupid for doing the right thing
Equity is an unpredictable asset class that doesn’t give the returns you want, when you want. It is also terribly difficult to predict equity returns in the short term. Therefore, when time horizon of the investment is less than 5 years, many advisers recommend investors to keep majority of their money parked in debt and […]
Why future is unpredictable
The world of finance is like an ocean. You can never know everything that is there in it to know. You try to read and learn about it through books, blogs, articles and videos. But more you know, more you realize how little you know about it. There is an immensely complex system out there […]