I am an insurance agent and mutual fund distributor. I am a science graduate, and hence know least about concepts of commerce. I am looking for a book which can help me offer better financial planning to my clients. The books should explain the concepts of various investment instruments like Mutual Funds, Stocks, Real Estate etc. It will be great if the books contains chapters on Taxes (and its various sections). In a nutshell, a book for dummies on Financial planning and Taxes. Please suggest. Thanks a ton.
Dear Madam, With regards to Financial Planning & Taxes it is very difficult to refer a book which provides all your financial problem, but if you read Dr. V.K.Sighanias Direct Taxes, it provides all available options of tax plannings. It is very lenghy book, you can read whichever you need. Thanks & Regards: Rudrayya.s.
Who is the best company to go with for financial planning?
My husband and I have our own business. I have been searching for the best company for financial planning and retirement for us. Any suggestions on who is the best?
Most of the "financial planning" companies have good honest representatives as well as honest yet stupid Representatives. Interview several of them. There will be large differences within a company (as well as comparing companies to each other). A good rule of thumb is to run away as quickly as possible if one of the first products they suggest is an annuity product. You can search the web on annuities (Money Mag., Forbes, Kilpinger's and many more)........... Except in rare cases, the only ones that benefit from these most expensive financial products are the sales representatives. ALSO: Be very careful with the suggestions on Yahoo Answers.... you'll never know the qualifications or motives of these people.
Sunday, June 6, 2010
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