Assam Police recently uncovered a ₹2,200 crore stock market scam led by 22 year old Bishal Phukan. Phukan deceived investors with false promises of high returns.
Sadly, this isn’t the first time people have lost money chasing quick and high returns.
Equity markets offer significant potential for strong returns, but they are inherently volatile and come with no guaranteed outcomes. Claims of high profits with minimal risk should always be approached with caution.
This highlights the value of having a trusted financial advisor who can provide professional guidance, navigate market complexities, and set realistic expectations.
A skilled advisor helps mitigate risk and avoid misleading schemes that promise unrealistic gains.
Stay informed and wary of investment opportunities offering unrealistic returns. Always approach offers that seem too good to be true with caution.
Vikas Sharma, CFP®, is a first-generation purpose-driven entrepreneur with over 19 years of experience in financial services, personal finance, and the advisory space. He is a Certified Financial Planner, an IIM Calcutta Executive Alumni, and holds an MBA in Finance and a Postgraduate qualification in Financial Planning.
Currently, Vikas is the Co-Founder & CEO of The Logical Advisor (TLA Academy Pvt. Ltd.) and Goalchi Capital Solutions LLP, where he integrates life, purpose, values, and money to create meaningful financial journeys.
He has worked with a leading Asset Management Company, mentored 1,500+ IFAs and Relationship Managers across India, and educated 10,000+ investors through Financial Wellness programs. His work has consistently focused on reshaping advisor and investor behaviour to enable sustainable success.
Vikas also coaches and mentors financial advisors nationwide, helping them build purposeful and successful careers.
