QnA Part 2 and an Idea: Mutual Fund Investment Advisors!
ON THIS EPISODE WE COVER:
- How to quantify investing in your fitness !
- Sid asks Pattu to quantify investing in relationships !
- Back tests on Gold ETFs
- Pattu's views on India's 5-10 year future
- User arguments over Fee only RIAs vs %age of profits
- How does one remove conflict of interest from MF distributors?
- Just like Martin Luther King, Pattu says "I have a dream!"
GListen now on all podcast platforms and YouTube. Search for 'Let's Get RICH With PATTU!'.
Or click here:
https://lnkd.in/gUv5JRdjPattabiraman MSiddhanta Pinto
I have a dream. It's a the idea is just like you have Saber registered investment advisors, You you make Saber registered mutual fund advisors, yeah. That you make all Set Advisor mutual fund distributors, mutual fund advisors registered with Sebi and you get a fee from the investment, not the investment value. That is, if I invest ���1000, you get a fee of 1% from that ���1000. Not from the market value. You deduct A nonprofit exactly. You deduct that 1% and invest the remaining in the mutual fund. Remove the distinction between regular plan and direct plan. Then the and remove all ties between. The Amcs and the intermediaries? Absolutely Wow. Then the conflict will go away, but nobody will do it.
