Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
How to explain Time Value of Money to your Clients?
Hemant Agarwal
Founder, Rupaiyaah
August 23, 2019
Reading Time: 4 minutes What we do, what we advise, what we implement as financial advisors is based on a very basic concept called the time value of money. While some of us have started our careers on the basis of this first lesson, some others have picked this lesson up along the way. Some of us, however well we understand it, find it tricky to explain it to our clients in a language they understand best.
At Network FP, we understand that learning new things has to be equally balanced with refreshing the things you already know. So let’s dive back to the basics and go through this week’s breezy read by Hemant Agarwal, and see where we stand on the “learn, unlearn and relearn” scale.
Are you doing enough research before picking a fund?
Hemant Agarwal
Founder, Rupaiyaah
August 14, 2019
Reading Time: 4 minutes Research. This is a term used very often our field. Sometimes a little too often for it to be an effective exercise. It forms the foundation on which the entire structure of an investment /financial plan stands. A shaky foundation is sure to pose a threat to a structure, no matter how big or beautiful it is. Similarly, advice based on ineffective/ insufficient research is destined to more often than not adversely impact the financial future of your clients- sometimes visibly and sometimes not so visibly. Let us not leave any stone unturned to ensure our research always does justice to our advice. Mr. Kaustubh Belapurkar, Director Manager Research, reinforces why research plays an irreplaceable role in advisory. Read on to know more…
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