A teenage kid went to a fruit vendor and asked him to give 1 kg of BEST APPLES, 6 best oranges and 3 best kiwis, plus 1/2 kg sweet grapes
The kid took all home and gave it to mummy and mummy opened the same and got angry.
_Apples were small
_Oranges were ripe
_Kiwis were very raw (hard)
_Grapes when tasted were sweet, but all of half kg was fully ripe
Mummy asked the kid to return and the vendor denied taking back,the reason -
he said was-
_Best apples means sweet and juicy
_Best Oranges means sweet and sour
_Best Kiwis means Sweet and sour
_Best grapes means sweet
The definetion of " BEST" differed for Vendor and the buyer had a different definetion
Similarly, Investors definetion while investing in a particular asset class or financial product is very different from the product expert or advisor
KINDLY do your due deligence , in a way that the product expert has asked yoi enough questions and understood all your aspects before suggesting you any product or giving you form to sign on dotted line and ensure that " BEST" has same understanding for both
So , what is your definetion of BEST ?
#FNquote #financialplanning #investing #mutualfund #personalfinance #financialfreedom #cfo #financialadvisor #financialplanner
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