Wednesday, June 29, 2011

Who needs a financial adviser?

I thought it was quite odd to see a sudden burst of advertisement in newspapers from people offering their expensive services as "Financial Advisers". I wonder what they can offer to the current market that seems to be highly informed of their financial management!

Everybody these days are extremely aware of their financial management especially after the big American banks went under that sent the world economy into a tailspin.

No one has forgotten how Indian economy stayed afloat amidst widespread financial panic with the exception of Indian stock Exchanges that seem so much to depend on American economy. An offhand remark by an American politician would have adverse effect on the Indian bourses.

Even my son who has been employed since three years is so much knowledgeable when it comes to spending his salary or saving for the future.

So, who needs financial advisers?

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