I lost a hefty amount 20% in simply 4 months by a regular So called, self styled TV analyst Mr Mitesh Thacker. Just don't get fooled by their assurances , it's your hard earned money use it the way u know the best. Learn from my mistake if u want to,
2 states... by chetan bhagat is a work of fiction but in it the author has given a very TRUE account of how the wealth management schemes of big banks work(the author actually has worked in big financial institutions and a passout of iim a) , the novel is also interesting read. do read the pages where author mentions his work as a wealth manager in a big mnc bank .
this sort of article should have come 4 years back....and not now..People are already in the trap and almost on the way to get out of it...now u are starting from the beginning..what the heck..
Remember one thing that nobody will earn for you.Everbody would like to earn through you.So better understand all such money games i.e shares,mutual fund PMS etc.If you are not greedy and live simplest of simple life than Small Savings i.e.PPF,GPF,EPF,NSC,KYP all govermemt backed but you will certainly earn less.In others if you are not smart than one time you earn and loose second time.REMEMBER MONEY BELONGS TO YOU,NOT TO YOUR SONS,BROTHERS,SISTERS AND OTHER RELATIVES. YOUR MONEY BELONGS TO YOU AND OFCOURSE YOUR PARAENTS. YOUR LIABILITIES TOWARDS YOUR PARENTS ARE LEGAL,MORAL,SOCIAL AND MUCH REWARDING THAN ONE CAN IMAGINE..