Here is the small story behind TW2 -or TheWeathWisher. I am a 20-year-plus professional in Personal Finance. I have really experienced the “pain” of mis-selling. I have also seen joy behind a planned life that the investor undergoes through in the process of building a portfolio of assets for himself.
So, it was a well-planned decision when I moved to Wealth Management from selling a single Mutual Fund.
I help and extend services to ease the pain, gain self-reliance, and make honest investments through knowledge sharing and empowerment.
Although I started managing thewealthwisher.com (TW2), in October 2015 my journey in the Personal Finance Industry started 13 years ago. I started working in 2002 August when I was in my final years of Business Management.
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When you see something of value, the brain starts counting the pros and cons. I started asking myself, what was I doing? I had that calling- the inclination to learn finance but I was giving up for money and ease. My entry-level job’s salary was Rs 1000 PM. The thought of “attaining a settled life” was suppressing my passion.
I worked at this level and salary for around 8 months learning the basics of personal finance. I was lucky to have seniors as friends who trained me hard, engaging during late hours at odd places- like bars or parking lots. At the end of 9th month, my manager and the first boss got me interviewed and finally, I was in the confirmed rolls of a leading company which was a financial supermarket.
I was new and raw to this world where billions change hands every day.
But my aim was to join the financial industry which I joined at entry level & then made my way up to senior management.
I witnessed
For the next 20 years till today, I was privileged to see the 3 Dimensional image of the financial world.
In the real or 2D world you see only two aspects of a financial product and these are- you have a need and someone, usually a middleman, an agent or financial planner cater that need. You have savings and need regarding safety, return expectations, time of investment etc… The advisor takes consideration of your requirements and selects the best product for you… not the solution.
In the third dimension, the Savings and Need exist but the advice gets contaminated because of the third dimension called greed. Yes- the advice is biased or there is an absence of advisory. Poor investor becomes the scapegoat and his concerns are sacrificed.
There were good stories too… I have seen advisors turning down offers which will bias their advice. I have seen financial planners turning someone’s life. Goals being fulfilled, prosperity, client turning wealthy and stress-free. I have seen advisor going an extra mile and even at the risk of spoiling his cash flow and relation, he stops an investor from committing a blunder.
It’s a huge sea… where sharks and dolphins swim together.
Moral of the story…
If you know the pros and cons of a thing it’s your responsibility to educate. Investors are not informed in the financial advisory hence the gap is wide. They do not know what they are subscribing to… they do not hire the right people and above all, they do not ask the right questions.
Here comes the importance of Knowledge. Investors do not need to be an expert in finance but they should have the conventional wisdom to know what’s wrong and what’s right. If he is taken for a ride, he should be smart enough to know it.
And… that’s what I do …
When I know something I want to spread it. Make people aware so that no more financial lives are sacrificed and no more scapegoats.
This website is my way of imparting my experience of the financial world, sharing the insights, gaining the wisdom and exposing the truths… yes, the dark ones too.
It’s a long journey ahead and I welcome you as my companion… as you surf various pages of thewealthwisher.com
With warm regards
Madhupam
Know my professional journey on Linkedin or mail me at madhupam@thewealthwisher.com
Want to see my professional side? Want to see my personal side? Want to see my work & family? Click Here
Radhey Sharma founded thewealthwisher. I started managing it from 2015. I thank him from bottom of my heart for trusting me to take his creation ahead.
