When to ignore personal finance advice, however convincing it sounds: 5 checks to run before investing your savings
New Delhi, Sept. 14 -- Your friend, Aadil, takes a pill to control his blood pressure. But that medicine cannot treat your cold. Personal finance advice needs the same careful approach before you follow someone else's example.
Srikanth Matrubai QPFP(R)️, founder and CEO of SRIKAVI WEALTH, explained this comparison while speaking to Mint. He warned against investing simply because another person claims impressive returns.
Your colleague, Ranjana, shows you a screenshot of her portfolio. It shows a 39% return. That can quickly make an investment look attractive. However, that screenshot does not reveal whether the investment suits your circumstances. Matrubai suggested 5 checks to run before investing your savings in any such oppor...
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