Basavaraj Tonagatti on Money Matters, Getting Rich (in Knowledge) Not Scams, Mastering Asset Allocation, and Avoiding Scams with Mutual Funds

The Growth Mindset

Basavaraj Tonagatti is the Founder of BasuNivesh. He is a SEBI Registered Investment Adviser (RIA) and a Fee-Only Financial Planner in India. He has written articles on various topics related to Personal Finance. As of now, he wrote around 700+ articles on personal finance.

In this episode, we talk about "Conflict of Interest in Financial Advisors", "How Hidden Fees in your Portfolios eating away your Future Returns", "How can 1% Fees to Investors turn into 25% over the years", "How to avoid the scams of Financial Industry", and many more.

Interview Breakdown:

01.27 min - Who is Basavaraj and Why you should listen to him?

2.10 min - What is Conflict of Interest in the Financial Advisor / Investing World and why should Investors care about this word?

7.55 min - Why is Fee-based Financial Advising better than the % model? How unknowingly people are donating their 25% Investment returns to others?

11.30 min - Hidden Fees in your Investment Portfolio that no one is telling you about.

13.38 min - How is your Investment Strategy? What are Active investing and Passive investing?

17.35 min - What is Index Fund and Why should you Invest in them?

19.50 min - Why you should be careful before buying HOT MUTUAL FUNDS of Today.

23.35 min - Know about these Investment Categories before you continue Investing.

28.17 min - Defining your Financial Goals and why they are important.

33.28 min - What is the best ratio to balance your investment portfolio and where should you Invest?

36.08 min - Why you should be more cautious when thinking about Investing in Debt Funds.

38.45 min- How to take the Advantage of EPF and PPF if you have longer retirement goals?

42.20 min - Should you Invest in NPS? Let's discuss the pros and cons.

46.07 min - The Financial Industry wants you to not become educated. Your ignorance is their Bliss.

48.56 min - Book Recommendations by Basavaraj that will equip you with great financial wisdom.

56.35 min - Two pieces of advice our Financial Expert will give his kids to manage Money Better.

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You can find Basavaraj Tonagatti here:

Website: https://www.basunivesh.com/

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