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What do investors expect from a Financial Advisor? The straight forward answer for the above question will be “unbiased advice”. Investors expect the advice given by the financial advisor to be unbiased, neutral and independent. What do they really get from Financial Advisors? Most of the investors get only “misselling” in the form of financial advice. Most of the financial advisors or investment agents/brokers are following the commission based model. That is, they will recommend (sugar coated misselling) an investment scheme and you need to invest in that scheme through them. The investment company will give them commission. As an investor if you invest in a mutual fund or any insurance scheme through the financial advisor, the advisor will get commission from Mutual Fund Company or insurance company. The origin of Misselling or Biased Advice: If the income of the financial advisor is based on the commission which he gets by selling investment products, then there is a po...

One of the popular, preferred, and preeminent tax saving investments is PPF – Public Provident Fund. We all know about PPF. Do we know all about PPF? Let us discuss in detail about PPF in this article and understand it comprehensively and completely. 1) Where to open the PPF account? PPF accounts can be opened in a post office or in selected bank branches. The regular KYC documents need to be submitted for opening a PPF account with a minimum investment of Rs.500. 2) What is the interest rate? The current interest rate for PPF is 8.8% p.a. The interest rate will change every financial year in accordance with the average bond yield of the previous year. The interest rate will be fixed 0.25% above the 10 year government bond yield. 3) How is the interest calculated? For the balance amount in your PPF account the interest is compounded annually. However, the interest calculation will be done each and every month. If your contribution to the PPF account is credited on or befo...

WATERMELON JUICE Nothing can beat the summer like a tall cool drink of watermelon juice. A watermelon contains about 6% sugar and 92% water by weight. As with many other fruits, it is a source of vitamin C. Watermelon is mildly diuretic and contains large amounts of beta carotene. Watermelon with red flesh is a significant source of lycopene. Researchers believe that beta-carotene and vitamin C are capable of preventing heart disease, cancer, and other chronic conditions. No matter which way you cut them, when it comes to nutrition, melons are number one. Ingredients Watermelon - 1 seedless watermelon Powdered sugar or honey to taste Cold water and ice cubes Method Wear an apron over your clothing when cutting watermelon. Place your watermelon on a cutting board. Peel the watermelon and slice it into 1"chunks using a sharp knife. Place the watermelon chunks into a bowl. Use a fork instead of using your hands to avoid dripping of th...