Investors have different levels of risk tolerance. Some don’t bat an eyelid even if their portfolio nosedives by 25-30% while others worry even if their portfolio is down half a percent. The first category of investors are likely experienced investors while the second category have a low level of risk tolerance. How should such investors with low risk appetite or tolerance … [Read more...] about How to invest if you have low risk appetite?
Are you looking for a financial planner or financial adviser? Who would you go to? There is no dearth of choices. Let’s look at some of the common financial advisers/ planners/agents you may encounter: Mutual Funds Distributors (MFDs) or Independent Financial Advisors (IFA) Insurance Agents Bank branches/ relationship managers SEBI Registered Investment … [Read more...] about What is better for you: A Fee-only Financial planner or a Fee-based planner?
Do you need a financial planner? In my opinion, not everyone needs financial planner. Only a few do. Basic financial planning is a very simple exercise. It is no rocket science. Financial planning, at least as I understand, can be broken down into a few simple steps. Get your insurance portfolio right. Purchase adequate life, health insurance and accident covers. … [Read more...] about Do you need a Financial Planner?