Kya aapke investments k piche ROBOT ka haath hai?

By talking of Robot we here refer to the technology which the online platforms use to enable the investor to invest their money on their own, without any human intervention.
In today’s digital-driven world investor has easy access to financial information that means that can easily access a list of top performing schemes.
Various online investment platforms have come into the picture and have made the transaction process easy. 

So does an investor needs the expert guidance?

We are happy to consult experts when we have a tax problem, a legal problem or a medical problem, then why not in case of Financial Planning?

Investing in mutual funds can be a rewarding experience if it is based on sufficient research. However, making their decisions based only on the fund’s recent performance and historical data, offers an incomplete picture,  Abhi tak accha hua.. iska ye matlab nahi k aage bhi accha hi hoga….!!

So when it comes to investments only historical performance cant be taken into count. That is when an Advisor comes into the picture who’s role is not just limited to identifying the best-performing schemes; as it’s not necessary that the best schemes are best for you.  Har bimari ki dawa crocin nahi hoti!!

An advisor plans the investment specifically for his client considering and analyzing various factors and moreover advisor helps to change your behavior of investing.
ROBOT aapke saath race start karega…par kya khatam bhi karega?

Who will keep you updated?
Any change in Fund Manager
Any recent changes in Market
When to redeem? When to invest? Hold for how long? etc, etc.

The mistakes that clients tend to make without the guidance of an advisor.

1. Saving but not investing:  Paisa Paise ko kheechta hai !!

   The savings are often lying idle in their bank accounts. Owing to their busy work-schedule, investors may not get time to immediately research and invest their savings.
   – A financial advisor, on the other hand, helps investor channelize his savings into investments. By helping an investor budget his earnings and expenses, he reduces the amount of cash lying idle in the bank. In short, an advisor helps an investor manage his money better and invest more.  

2. Starting late:  Durghatna se jaldi bhali !!

   The savings are often lying idle in their bank accounts. Owing to their busy work-schedule, investors may not get time to immediately research and invest their savings.
   – A financial advisor, on the other hand, helps investor channelize his savings into investments. By helping an investor budget his earnings and expenses, he reduces the amount of cash lying idle in the bank. In short, an advisor helps an investor manage his money better and invest more. 

3. Overspending: Aamdani atthani kharcha rupaiyaa !!

   Often people spend their earnings on items they really don’t need.
   – An advisor can help the individual visualize the corpus he needs to accumulate to fulfill his/her financial dreams. This may encourage an individual to invest rather than overspending.

4. Wrong investment choices: Sidha rasta humesha sahi nhi hota !!

   Investments made out of line with an investor’s risk-return profile turn out to be wrong investment choices.
   – A financial advisor makes a holistic evaluation of the investor’s risk tolerance, liquidity needs, goals and income before recommending an investment. Moreover, an advisor can also help warn you against any investment scam.

5. Investing based on the preconceived notion: Aapka padosi bhi ek financial advisor hai !!

   Our friends and family members often influence our investment decisions. However, based on risk profile and age, he may be better off investing in riskier products.
   – A financial advisor can help clear any investment related misunderstandings from the minds of investors and guide them on making better investment choices. He can help you identify these biases and encourage them to stick to their financial plan rather than acting under the influence of emotions.