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

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. Follow us to find daily updates and success hacks on The Growth Mindset Page below: Facebook: https://www.facebook.com/silawathirshad/ Instagram: https://www.instagram.com/silawath_irshad/ Linkedin: https://www.linkedin.com/in/silawathirshad/ Youtube: https://www.youtube.com/c/TheGrowthMindsetwithSilawathIrshad You can find Basavaraj Tonagatti here: Website: https://www.basunivesh.com/ Linkedin: https://www.linkedin.com/in/basavaraj-tonagatti-4a270111/ Facebook: https://www.facebook.com/basunivesh/ Twitter: https://twitter.com/BasuNivesh Youtube: https://www.youtube.com/channel/UCd72bYOOEV2fk6GyO233gPQ