With effect from Jan 1st 2020, Sebi has asked Registered Investment Advisors to do proper risk profiling of clients and obtain their consent on the same before providing any advice. The regulator also restrained investment advisers from providing a free trial for any product and service.From January 2020, as mandated by the Securities Exchange Board of India, retail investors will have to maintain deposit money with their stockbrokers to buy or sell shares. Institutional investors have been exempted...
"Opportunity Cost" of a choice is the value of the best alternative forgone in order to pursue a certain action. In other words, it is the cost incurred by not enjoying the benefit that would be had by taking the second or third etc. best choice available. The concept of opportunity cost comes into play because resources are limited. Resources can be either time or money or both. Often, when people say that they wasted time doing something, what they mean is that their time could have been better...