Comments on: Where can one invest?? http://steps2wealth.wordpress.com/2008/07/01/where-can-one-invest/ Just another WordPress.com weblog Wed, 05 Aug 2009 17:39:15 +0000 http://wordpress.com/ hourly 1 By: steps2wealth http://steps2wealth.wordpress.com/2008/07/01/where-can-one-invest/#comment-14 steps2wealth Fri, 04 Jul 2008 20:27:24 +0000 http://steps2wealth.wordpress.com/?p=6#comment-14 Well lets first answer your question Col. Perhar. Understanding investments is not as tough as it looks. We all want the best advice for our investments but nobody wants to know how to get the same. Recently i met a client who was arguing that with the quantum he had he can get best equity advice. This client had 2 crore rupees and said that he would get his Portfolio managed from one of the bigger equity Brokers. But to his utter surprise this broker refused to handle a small portfolio (as per broker). "THE INFORMATION YOU GET IS NOT THE INFORMATION YOU WANT. THE INFORMATION YOU WANT IS NOT THE INFORMATION YOU DESERVE. THE INFORMATION YOU DESERVE IS NOT THE INFORMATION YOU CAN AFFORD. THE INFORMATION YOU CAN AFFORD IS THE INFORMATION YOU ARE MISSING" The above lines are self expanatory. Well lets first answer your question Col. Perhar.

Understanding investments is not as tough as it looks. We all want the best advice for our investments but nobody wants to know how to get the same.

Recently i met a client who was arguing that with the quantum he had he can get best equity advice. This client had 2 crore rupees and said that he would get his Portfolio managed from one of the bigger equity Brokers. But to his utter surprise this broker refused to handle a small portfolio (as per broker).

“THE INFORMATION YOU GET IS NOT THE INFORMATION YOU WANT. THE INFORMATION YOU WANT IS NOT THE INFORMATION YOU DESERVE. THE INFORMATION YOU DESERVE IS NOT THE INFORMATION YOU CAN AFFORD. THE INFORMATION YOU CAN AFFORD IS THE INFORMATION YOU ARE MISSING”

The above lines are self expanatory.

]]> By: Col Perhar http://steps2wealth.wordpress.com/2008/07/01/where-can-one-invest/#comment-13 Col Perhar Wed, 02 Jul 2008 17:07:25 +0000 http://steps2wealth.wordpress.com/?p=6#comment-13 With multitude of options and plans for investments being offered by the financial sector. It now needs an informed person to study each offering,check the fine print,calculate and compare with options avaiable to reach some definitive implementable deduction for good investment oppurtunity. I agree with Mohit, its a catch 22 situation where Advisory and sales are concerned. Hope to see some good Advise on options avaiable as we go along.Keep it up. Perhar With multitude of options and plans for investments being offered by the financial sector. It now needs an informed person to study each offering,check the fine print,calculate and compare with options avaiable to reach some definitive implementable deduction for good investment oppurtunity.
I agree with Mohit, its a catch 22 situation where Advisory and sales are concerned.
Hope to see some good Advise on options avaiable as we go along.Keep it up.

Perhar

]]> By: Mohit http://steps2wealth.wordpress.com/2008/07/01/where-can-one-invest/#comment-12 Mohit Wed, 02 Jul 2008 01:37:55 +0000 http://steps2wealth.wordpress.com/?p=6#comment-12 Nicely articulated. I as an investor as well as an advisor would like to post a thought that why do we need to invest and if i can understand the need to invest waht all assets i must go for and what assets i can go for. Mark it, Must and Can are important decision makers. E.g. a 28 year old chap meets a financial advisor and asks for investments with a small corpus of let's say Rs.1 Lac. Now if this chap has a liability towards his dependent family the most important thing for him is to get an appropriate Life cover and than other options of investment comes into picture. It's all about advisory vs sales. Do we have right advisors who actually design a portfolio? Mg Nicely articulated.

I as an investor as well as an advisor would like to post a thought that why do we need to invest and if i can understand the need to invest waht all assets i must go for and what assets i can go for. Mark it, Must and Can are important decision makers.

E.g. a 28 year old chap meets a financial advisor and asks for investments with a small corpus of let’s say Rs.1 Lac.
Now if this chap has a liability towards his dependent family the most important thing for him is to get an appropriate Life cover and than other options of investment comes into picture.

It’s all about advisory vs sales.

Do we have right advisors who actually design a portfolio?

Mg

]]> By: Praveen http://steps2wealth.wordpress.com/2008/07/01/where-can-one-invest/#comment-11 Praveen Tue, 01 Jul 2008 20:28:01 +0000 http://steps2wealth.wordpress.com/?p=6#comment-11 Well you looked over couple of basic investment options that are more recognized commonly. To name a few - Bank deposits (CDs and savings accounts), Life Insurance Policies, Post Office savings deposits, Indira Vikas Patras etc. (not sure if that are still in vogue). It would be nice to see a more comprehensive investment list. Also I am not sure if your intended audience is Indian or International. If international then it is a very different playing field. Here in US we have IRAs, 401s, etc. Just some food for thought... nice post though.. Well you looked over couple of basic investment options that are more recognized commonly. To name a few – Bank deposits (CDs and savings accounts), Life Insurance Policies, Post Office savings deposits, Indira Vikas Patras etc. (not sure if that are still in vogue). It would be nice to see a more comprehensive investment list. Also I am not sure if your intended audience is Indian or International. If international then it is a very different playing field. Here in US we have IRAs, 401s, etc.
Just some food for thought… nice post though..

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