“What is your honest advice to friends in the MF distributor community? Do you suggest that it might be better for us to turn into fee-only financial planners or SEBI registered investment advisers?” A person asked this question to Mr. Pattabiraman Murari on Youtube. Since I successfully transitioned from a mutual fund distributor to a fee-only […]
My review of PV Subramanyam’s book ‘Retire Rich’
There are few quality books written by Indian authors on financial planning. Most of these books are written for beginners, and they offer little for DIY investors and financial advisers. But PV Subramanyam’s book ‘Retire Rich – Invest ₹40 a day’ can add value to beginners, DIY investors as well as financial advisers. It touches […]
How I prepared to become a Fee-Only Financial Planner
Pattabiraman Murari of freefincal.com had asked me to write an article on how I prepared to become a SEBI RIA and a Fee-Only Financial Planner. I wrote the article and it was published in freefincal.com under the title ‘Becoming a competent & effective financial advisor: My journey so far’. Here is the link to freefincal […]
How rich should I be to hire a Fee-Only financial planner
One misconception among retail investors is that Fee-Only financial planners are unaffordable for them. This is far from the truth. A person with monthly savings potential ₹5,000 can take services of a Fee-Only financial planner as much as a person who can save and invest ₹5,00,000 a month. If the assets and savings potential of […]
Typical ups and downs of working as a financial adviser
Pattabiraman Murari of freefincal.com brought to my attention a question on Quora where a person asked about the typical ups and downs of working as a personal financial adviser. I found the question interesting and wrote detailed answer. Here is the link to my answer on Quora. https://www.quora.com/What-are-the-typical-ups-and-downs-of-working-as-a-Personal-Financial-Advisor
Can your retirement plan withstand adverse market conditions?
Bridges are never designed for average wind speed and average traffic. They are designed for the worst so that the design can withstand adverse conditions. Retirement planning is no different. A good retirement plan should be able to withstand and overcome adverse market conditions of the future. In current retirement planning practice in India, financial […]
Half baked equity investor
A half baked equity investor thinks that it is easy to beat market and fund manager returns by investing in stocks; and only those fail to do so who are not clever enough. This false notion takes stronger hold on him when he reads books like Basant Maheshwari’s The thoughtful investor, blogs like rakesh-jhunjhunwala.in and […]
Long term asset allocation for non-enterprising investors
This article was published in freefincal.com as a guest article on June 25, 2018. Here is the link to the freefincal article. https://freefincal.com/are-you-a-conservative-investor-here-is-how-you-can-grow-your-money-smartly/ In his investment classic ‘The Intelligent Investor’, Benjamin Graham makes distinction between two type of investors; the “enterprising” and the “defensive”. Enterprising investor devotes time and effort required for the selection of […]
Most investors are better off following defensive approach of investing
Benjamin Graham makes distinction between two type of investors in his investment classic ‘The Intelligent Investor’; the “enterprising” investor who is willing to devote time and energy to continually research, select and monitor a dynamic mix of stocks, bonds or mutual funds, and the “defensive” investor who places chief emphasis on avoidance of serious mistakes […]
Why average investors don’t stick to basics of investing
After years of reading, studying and exploring personal finance and investing, one arrives at few basics of investing. These basics are simple, easy to understand and can be written on a single piece of paper. Therefore after learning about them, it is quite natural for a person to think that he knows enough of investing and […]