Friday, June 25, 2010

A surge in Financial Awareness efforts

Of late, I'm noticing a distinct increase in the number of articles, workshops, interviews etc. that aim to educate the common investor. This is primarily by institutions and people related to the field. Personally, I feel too much is happening which is a bit confusing. But then, as they say, if you throw so much, something's gonna stick. So probably more is better in this case.

A quick list of what I can remember from everything that's happening around:
1. Moneylife Foundation Workshops held every week in Mumbai. This is by Moneylife magazine.
2. Financial Literacy Awareness programs by SEBI. This looks like a serious effort. There are dedicated teams and support infrastructure being put in place.
3. TV programs specially dedicated to personal finance on the business news networks. Haven't been able to check the specific programs on each channel, but ever so often, when I switch to a business news channel, I happen to catch a glimpse of such a program. (Personally I feel this is a very effective medium if someone can make it work like the saas-bahu serials)
4. Dedicated pages to personal finance in Mint
5. Lots of articles in mainstream newspapers about Ulips vs Mutual Funds. A lot of them are clearly spelling out the issues with Ulips.
6. Lot of blogs and websites that are trying to focus on educating the retain investor.
7. CFPs creating their websites and trying to educate their clients about money matters.

The economy is heating up too. Inflation is rising. RBI may increase rates. So money matters are really up there for everyone to notice.

1 comments:

online savings account said...

What are your thoughts on people who have gone through either a short sale or a foreclosure opting for seller financing and or rent to own as alternatives to bank loans?