Comments on: Ability to take Risk vs Willingness to take Risk http://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html Financial Planning , Insurance , Mutual Funds , Investments Sat, 11 Feb 2012 16:26:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manish Chauhanhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-12390 Manish Chauhan Sun, 15 Aug 2010 19:32:28 +0000 http://www.jagoinvestor.com/?p=563#comment-12390 taranjit i agree :) MANISH taranjit

i agree :)

MANISH

]]> By: taranjit singh dhillonhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-12389 taranjit singh dhillon Sun, 15 Aug 2010 18:23:34 +0000 http://www.jagoinvestor.com/?p=563#comment-12389 risk taking ability is just natural and it comes inheritly to one.some poeple calculate the risk before taking it and some not.its the basic difference.wise risk and fool risk.just same like wise and foolish descision.i like your post .keep up. risk taking ability is just natural and it comes inheritly to one.some poeple calculate the risk before taking it and some not.its the basic difference.wise risk and fool risk.just same like wise and foolish descision.i like your post .keep up.

]]> By: Difference between Bank Fixed Deposits and Company Fixed Deposithttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-7416 Difference between Bank Fixed Deposits and Company Fixed Deposit Wed, 07 Apr 2010 15:28:09 +0000 http://www.jagoinvestor.com/?p=563#comment-7416 [...] established and are highly reputed, however you can’t take it at face value and ignore the risks involved. If you want to park money for short-term and are comfortable with the risks which come [...] [...] established and are highly reputed, however you can’t take it at face value and ignore the risks involved. If you want to park money for short-term and are comfortable with the risks which come [...]

]]> By: There is something about 31st Julyhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-6456 There is something about 31st July Sun, 14 Mar 2010 17:28:48 +0000 http://www.jagoinvestor.com/?p=563#comment-6456 [...] Age and risk appetite [...] [...] Age and risk appetite [...]

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-5389 Manish Chauhan Sat, 27 Feb 2010 09:32:16 +0000 http://www.jagoinvestor.com/?p=563#comment-5389 Rameshwar Thanks for the appreciation , Do you realise this is a big problem with people in India , we dont concentrate on ability part , did it happen all these years with you ? Manish Rameshwar

Thanks for the appreciation , Do you realise this is a big problem with people in India , we dont concentrate on ability part , did it happen all these years with you ?

Manish

]]> By: Rameshwarhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-5388 Rameshwar Sat, 27 Feb 2010 09:24:03 +0000 http://www.jagoinvestor.com/?p=563#comment-5388 Dear Manish Sir, It is really brillent article, the way you explained the risk takings two component (willingness & ability) nicely explained......................................................... Thanking you, Rameshwar Dear Manish Sir,

It is really brillent article, the way you explained the risk takings two component (willingness & ability) nicely explained…………………………………………………

Thanking you,

Rameshwar

]]> By: manishhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-2704 manish Sat, 26 Dec 2009 15:28:44 +0000 http://www.jagoinvestor.com/?p=563#comment-2704 Nice points Praveen , You are correct. I am pointing to Financial Planners , not financial Consultants from various Companies , They will be biased to some level no matter what they do :) Manish Nice points Praveen ,

You are correct. I am pointing to Financial Planners , not financial Consultants from various Companies , They will be biased to some level no matter what they do :)

Manish

]]> By: Praveen Kumar Amritaluruhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-2703 Praveen Kumar Amritaluru Sat, 26 Dec 2009 15:17:18 +0000 http://www.jagoinvestor.com/?p=563#comment-2703 I think by financial consultant he is not referring to real financial consultants, but rather agents who are either tied to one particular insurance company/bank/agency. I would not call them financial consultants at all. As Manish pointed out financial consultants who provide advice for a fee and where advice is completely delinked from the customer buying/choosing products from him should be preferred.. A good financial consultant is one who also explains risks associated with it and also gives complete details of various charges involved, explains the impact of default of payment , corner cases etc.. One can trust if the above consultant can also provide comprehensive comparison among various plans/policies and makes his suggestions/conclusions and leaves it to the customer to make a decision without pushing the customer to take a particular policy/plan. A agent who tries to focus/emphasize only on returns/benefits etc should not be trusted and customer should not waste his time by listening to him. I feel above is applicable to investment products in general and not just insurance/ULIPs. Hi Manish, Hope I am not spamming your comment section. I think by financial consultant he is not referring to real financial consultants,
but rather agents who are either tied to one particular insurance company/bank/agency. I would not call them financial consultants at all.

As Manish pointed out financial consultants who provide advice for a fee and where advice is completely delinked from the customer buying/choosing products from him should be preferred..

A good financial consultant is one who also explains risks associated with it and also gives complete details of various charges involved, explains the impact of default of payment , corner cases etc..
One can trust if the above consultant can also provide comprehensive comparison among various plans/policies and makes his suggestions/conclusions and leaves it to the customer to make a decision without pushing the customer to take a particular policy/plan.

A agent who tries to focus/emphasize only on returns/benefits etc should not be trusted and customer should not waste his time by listening to him.

I feel above is applicable to investment products in general and not just insurance/ULIPs.

Hi Manish, Hope I am not spamming your comment section.

]]> By: manishhttp://www.jagoinvestor.com/2009/12/ability-to-take-risk-vs-willingness-to-take-risk.html#comment-2685 manish Sat, 26 Dec 2009 00:26:54 +0000 http://www.jagoinvestor.com/?p=563#comment-2685 Thanks Yogesh Keep coming . Thanks Yogesh

Keep coming .

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