I heard this absolute gem from my friend Amit Trivedi, a well-known author. Trivedi travels all over India conducting investor awareness programmes. At one of his recent programmes in a remote border state, he asked the audience if they had heard of mutual funds. No, they hadn’t. Had they heard of National Pension Scheme? No.
Had they heard about any financial products apart from fixed deposit? Yes. Some of them had invested in bitcoins. Apparently, the lack of reliable internet access or aggressive salesmen was no hindrance to making these exotic investments. Nobody it seems was immune to the
Had they heard about any financial products apart from fixed deposit? Yes. Some of them had invested in bitcoins. Apparently, the lack of reliable internet access or aggressive salesmen was no hindrance to making these exotic investments. Nobody it seems was immune to the
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