Before investing analyze your personal finances thoroughly. Decide on your investment goals and the time length of investment after appraising your liquid assets and personal obligations. And decide how much risk you can take. The rule is “greater the risk greater the return”.
When the stockbroker offers services as a financial planner, a conflict of interest will arise. Because then the revenue of the stockbroker will generate from the stock or mutual fund he broke to you.
Remember that your profit is not the prime priority of banks; their aim is to make you invest in funds that are profitable to them.
