The Future of Financial Advisory: Human, AI, or Both?
I asked Chat GPT to, “act as a financial advisor and tell me which investments are apt for me to accrue 5 crore by the time I turn 60.” The response: “As an AI language model, I cannot provide personalized financial advice without knowing your individual financial circumstances and risk profile. However…” and then it […]
NPS: A Viable Investment Avenue for Retirement Planning
In 2020, India was rated 34th out of 39 pension systems in terms of social security coverage. Despite progress, there is still a long road ahead in terms of increasing coverage under private pension arrangements and enhancing the regulatory framework to secure the financial future of more and more workers in the country. We often […]
Balancing short-term paranoia with long-term optimism
“But you need short-term paranoia to keep you alive long enough to exploit long-term optimism.” The quote suggests that having a short-term “paranoia” about money, or being cautious and mindful in managing one’s finances in the present, can help ensure financial stability and security in the long run. This allows individuals to be in a […]
Navigating the 2023 Union Budget: An In-depth Look
The Union Budget 2023 has brought some significant changes that will impact the lives of High Net Worth Individuals (HNIs). In this blog, we will take a closer look at these changes, and share our thoughts on how they could impact you. More Benefits for Higher Earners: Reduced Peak Rate Surcharge The budget has introduced […]
