Friday, January 8, 2010

Investor Education through Financial Literacy

Financial Literacy - A term which we can call as need of the hour. I will tell you why it is important.
We do our work sincerely and earn money. It is our hard earned money, and one day somebody comes as an advisor and tells you to invest somewhere. He/she will use some jargon some fictitious calculations with mind boggling numbers and convince you to invest in some investment option or so called financial product.
This is not done. It's your money and you should know where it is going. So my sincere request to all of you, please understand some basic terminologies and make your money to work for you. Because you deserve the best from your Hard earned money.
I am starting a series of discussion with this blog. I will appreciate if you can participate in the same.
Happy learning and becoming financially literate....
Regards,
Parimal.

8 comments:

  1. Gud start parimal...this would be useful for folks like me who r clueless as to where to invest and whn..

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  2. I am sure, it would help us to start as a beginner and become experts soon..Thanks for the wonderful start Parimal - Kailash

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  3. Sounds something really important to keep track of... good initiation!.. Vinita

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  4. Definitely, this step of urs will be an inspiration for folks like me who have just entered into the world of finance. Your thought of making people literate is a great start.

    All the best !!!

    Ravi Gudle

    ReplyDelete
  5. Good initiative Parimal. Simple language of the article makes it easy to understand for beginner like me . Keep posting some more articles.

    Thanks,
    Sangameshwar Todkari

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  6. Nice initiative. Beginners as well as people who are heavily into trading on tips from experts, will also come to know lot of things.Thanks.
    -S

    ReplyDelete
  7. Hey Parimal, I am following you blogs regularly. For me, it is really very useful. You have mentioned about ULIP in one of the blog and have suggested that in ULIP, we should go for long term plan. Could you please elaborate in this regard? I mean, why should we go for long term plans? What are the advantages and all?

    ReplyDelete

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