My 'new' resolutions for 2025: Smarter investing ahead
The year 2024 turned out to be remarkable—especially when judged by the impact of my New Year resolutions.
As we bid farewell to 2024, I can’t help but reflect on how my resolutions for the year panned out. Unlike the usual personal goals, these were ambitious—aimed not at mere mortals but at the capital market regulator itself. Yes, I termed it “A Concerned Investor’s 2024 Agenda for Sebi." Lofty? Absolutely. But was it worth it? Let’s see.
First on my agenda was the need to temper the infatuation with SIPs. My argument? Many SIP decisions are poorly thought through, often directed toward unsuitable schemes. On this count, the regulator did little. SIPs remain as popular as ever, riding their boom unchecked.
Read this | Sebi can do more to dissuade retail speculation in futures and options
Next, I called for stronger efforts to encourage more people to become Registered Investment Advisors (RIA) and Research Analysts (RA). While the Securities and Exchange Board of India (Sebi) has made strides, the burden of compliance still looms large. The result? A far cry from a stampede toward these professions.
I also pushed for a shift in focus—from faster trading systems to a more investor-friendly environment for long-term players. Here, Sebi has hit the ball out of the park with the cost of gambling, ahem, trading going up dramatically. I read this as a shift in focus that was desired.
Finally, I suggested a complete overhaul of investor education in India to curb uninformed decisions and mis-selling. While this remains a work in progress, Sebi’s crackdown on the «finfluencer» menace deserves applause.
On balance, 2024 turned out to be a good year—progress on several fronts, with each initiative carrying the potential for
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