Blog by Prakhar Patidar

A few days ago, I met a 65-year-old retiree who shared a troubling story. He was sold a term insurance plan costing ₹5 lakh a year by his banker. Think about it - does a retiree with no dependents really need a term plan?

Let’s address the elephant in the room, discount broking and how it’s fueling downside rallies in equities. Spoiler alert: people falling for these schemes are, well, uninformed Idiots. Harsh? Maybe. True? Absolutely. Let’s break it down.

What’s the latest drama? The markets have dropped a bit, and suddenly everyone’s acting like it’s the end of the world. Let us remind you: this is perfectly normal. Markets don’t climb in a straight line, and every dip has a reason.

A recent conversation with a 42 year old client left me with a profound realization about the times we live in. After wrapping up his retirement planning, he said, “You know what, Prakhar? In our time, scarcity ruined us, and now abundance is ruining this generation.”

Managing your own finances can feel empowering. After all, who knows your money better than you do? But here’s an uncomfortable truth: the cost of going it alone could be far higher than the fees you save by not hiring a financial advisor. Let’s break it down.