Case Study #3 — A Role Model for Financial Awareness

by Vinaya HS on June 17, 2009

in Finance

Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

A friend and I were discussing about the New Pension Scheme when my friend commented,

It’s too nascent. The risk is very high. They don’t even mention the interest upfront. Based on your selection and market trends, the sum accumulates. Then there is a commission involved. I wonder what’s the idea behind charging a commission. It’s sad. It’s like gifting someone expensive wine with the price tag on and then asking for a sip back. Not even asking. It’s grabbing.

If you can analyze a financial product this much, you really are well set for a financially healthy life. Because, you know what to avoid.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 3 comments… read them below or add one }

gursun June 17, 2009 at 6:12 PM

its true that there is very less knowledge about this scheme. Even POP’s are also not sure.

I am looking forward to a pension plan which will give me atleast 12% return on my investments.

Shilpa June 18, 2009 at 10:25 AM

Lately (since the last two posts), your blog is becoming a snapshot of the chats and conversation you have with you friends/colleagues.
Btw, do your friends/colleagues know you are posting all this up here? :P

Vinaya HS June 18, 2009 at 10:32 AM

It’s through conversations that ideas and knowledge spread. And yes, I do make it a point to inform friends/colleagues that I’m posting their thoughts. :)

Previous post:

Next post: