Regular Funds – Pay more for ‘free’ advice

‘Free’ advice costs you a lot There are many articles that try to establish why regular funds are more suitable for investors. Almost all of them use the following scenarios/models:Promotion Promotion Advisor/platform providing free advice and logistics for investments in regular funds (free advice model) An investor doing everything themselves and investing in direct funds

An Engineering Approach To Build Wealth

  In this long write-up, I discuss an  engineering (methodical) approach to personal finance. I introduce the concept as growing wealthy using an engineering approach. I then describe the parts of the approach in some detail. A full presentation that follows this approach can be found below.Promotion Promotion This article previously appeared as: https://freefincal.com/growing-wealth-engineering-approach/ Introduction I use the

Why does one need a Financial Plan

You are often besieged by a variety of people who offer ‘financial plans’. Most visitors to banks, particularly the private banks, encounter ‘financial planners’. While there could be different views on the usefulness of these planners, there is no doubt about the importance of a Financial Plan as such. Let us look at the reasons