Monday, 29 October 2012

Financial coach can make difference : Always ask whether the suggested product is suitable for you or not.

IMP-ost : 29th Oct, 2012

Financial coach can make difference!


The question one should always ask is whether the suggested investment product is suitable for his/her needs, at present age, own risk profile.


High rates during high inflation is a tactical opportunity.

It is not uncommon to find products with high interest rates during times of high inflation. However, care should be taken to ask why the rate being offered is high.

The 11.5% return in company deposit comes with risks.

Borrowers may be stressed; they could be in dire need of money and willing to pay a higher rate. A company deposit is an unsecured borrowing. This means the investor has no recourse to assets of the borrower if there is a default.

You can read article on "How to balance risk and return in an investment product" at :

http://economictimes.indiatimes.com/features/slideshows/et-slideshows-made-here/how-to-balance-risk-and-return-in-an-investment-product/how-to-balance-risk-and-return-in-an-investment-product/quickiearticleshow/16904040.cms


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