It is an interconnected world. What is happening in the west has a bearing on the rest. That is very evident in our line – Financial Planning. The meltdown in 2008 has resulted in the regulators looking askance, at all financial service players. Though Financial Planners were in no way involved or contributed to the […]
Read MoreSix months back, Praveen Hazare died due to heart attack when he was 65 years old. He was staying in Thane with his spouse and two married sons. He had a flat in Mumbai and a flat in Bangalore. He died without making a will. After his death, there were disputes on sharing of properties. […]
Read MoreRisk profile is a notion mostly used in the field of investment. Financial analysts have propagated that you should invest your money as per your risk profile. But as an investor is it right to take investment decisions based on risk profile ? Let’s first understand what is a risk profile. Risk profile is an […]
Read MoreAfter a lot of deliberations, Sanjeev had enrolled for financial planning services for drawing out a comprehensive financial plan for his family. After several rounds of meetings and data sharing the plan was ready and Sanjeev was extremely pleased with the work done by his planner. Since the implementation was to be done by the […]
Read MoreA Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920 in […]
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