If you’re a “self-directed” investor, you probably have valid reasons for your choice. You consider yourself to be market savvy. You don’t see the value of paying someone else. And you enjoy the challenge of investing. But here’s the problem: Most individual investors would be better off flipping burgers.
According to our experience with our 2,00,000 registered users and 43,678 portfolio reviews, 4 out of 5 people who do it, lose money-and only 1 in 100 does it well enough to be described as “consistently profitable.”
There are a number of reasons for this. Many individuals either buy too many funds thus over diluting their returns capability or selling too frequently when the market falls temporarily thus booking losses permanently out of fear of lossing more or taking an informed decison. They also have to pay exit loads, STT, and other taxes. And there is the opportunity cost-the price of hours spent trading that you could have spent doing something else.
Who needs an Advisor?
If you’ve ever considered working with an equity advisor, you’ve probably asked yourself if it’s a service you need. Of course, you would expect people in the industry to say you definitely need an advisor, but the truth is, it depends on you. To determine whether you would benefit from investment advice, you need to honestly assess your situation.
You should ask yourself :-
Some people can answer yes to these questions, and may not need an advisor. But for others, the value of an advisor may outweigh the costs.
What’s it worth to have a financial “co-pilot”?
Working with an advisor may also pay off in ways that go beyond strictly financial advice-it’s like having a trusted “co-pilot” to help keep you on course as your life unfolds.
Choosing the Right advisor.
Throughout this guide, we have discussed the value of but not all advisors are equal. When you’re considering candidates, it’s important to find out individual details. Questions you should ask include
At Wealthclock Advisors, we bring to you all these skills backed by years of intensive research, usage of cutting-edge technology and in-depth experience of our research analysts.
About Wealthclock Advisors
15 Days Tech Solution Limited is a registered distributor with AMFI (Association of Mutual Funds In India) No. 115995 and Member of BSE (Bombay Stock Exchange) No. 11946. Brand Wealthclock Advisors is owned by 15 Days Tech Solution Limited.
Our advisory services are built on the principles of selecting portfolio based on extensive screening, rigorous due diligence and focus on valuations to ensure optimal investment returns.
We firmly believe in providing advisory and assistance to every client equally.
Ready to get serious about pursuing your financial goals?
Wealthclock makes investing simple, safe and convenient. We offer mutual fund investment and financial markets advisory over the friendly and interactive online platform that makes investing fun for all first-time investors. With the help of advance tools, detailed market analysis and team of expert advisors, Wealthclock ensures that the users are on top of their game. Come and watch your investment grow.
Wealthclock Advisors, Manish
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