The Truth about investing in PMS

The truth about Portfolio Management Services - PMS

Deepak was meeting me after a long time. Even though we were working and living in the same city for many years, we couldn’t meet. As a senior sales guy, he has a traveling job and that made it all the more difficult.

Finally, we did meet up.

The conversation was all around from college days to family and finally to investments. Yeah, you must have guessed it.

“Hey, it’s nice to know you are doing your own practice as an Investment Adviser.

“Yes, it is very fulfilling.” I tried to reflect on the purpose.

“How have you been investing?” I asked.

“Nothing much, my bank RM keeps coming back to me with options and I put some of my money there. I also make direct stock investments based on ideas that I get from the market and advice from friends. I also get some insights from experts I follow on social media.”

“Hmm. Hmm.” I could sense where this was going.

He continued, “You know I have just spoken to this company and they have offered me to invest through their best PMS.

“PMS? Why?”

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