1. The ultimate aim of every retail investor should be to become a DIY investor.
2. Fulfilling this goal depends entirely on:-
a) services being offered by advisor,
b) whether they can be fully substituted,
c) DIY benefits being significant enough,
d) one's learning ability, time and patience.
3. Investors who have already chosen this mode for wealth creation often share their experiences to the best of their abilities.
4. What is lacking in most advisors is:-
a) educating both earners and retirees,
b) follow-up action, instead of a one-off,
c) exploring ways to service them better,
d) channelling their small savings well.
5. Therefore, an investor should be able to differentiate between various "advisors":-
a) Agent / Broker,
b) Distributor,
c) Relationship / Wealth manager,
d) Financial planner, and
e) Independent financial advisor.
https://iamrajen.blogspot.c...
2. Fulfilling this goal depends entirely on:-
a) services being offered by advisor,
b) whether they can be fully substituted,
c) DIY benefits being significant enough,
d) one's learning ability, time and patience.
3. Investors who have already chosen this mode for wealth creation often share their experiences to the best of their abilities.
4. What is lacking in most advisors is:-
a) educating both earners and retirees,
b) follow-up action, instead of a one-off,
c) exploring ways to service them better,
d) channelling their small savings well.
5. Therefore, an investor should be able to differentiate between various "advisors":-
a) Agent / Broker,
b) Distributor,
c) Relationship / Wealth manager,
d) Financial planner, and
e) Independent financial advisor.
https://iamrajen.blogspot.c...