Thursday, September 26, 2024
WE DIDN'T START THE F.I.R.E
F.I.R.E in financial services is an acronym for Financially Independent Retire Early
As a concept it has always existed - in Financial Advisor credentials decks, on financial planners websites, on financial services brands calculators.
However it has not been marketed in a meaningful way to the average person
Thats what Finnovate has set out to do. Using the emerging need for early retirement and the insight that people dont want to stop working by compulsion but by choice; Finnovate urges people to 'GET FIRED' or better still 'FIRE THEMSELVES'
Here's the campaign
THE MORE THINGS CHANGE; THE MORE THEY REMAIN THE SAME
The NIFTY in 2012 was less than 6000. The NIFTY in 2024 just crossed 26000.
In 2012; 90% of traders lost money in the stock markets. Infact I had written an ad on the same as part of a larger investor education campaign
Here's the ad
SEBI just released some data on traders this week.
As can be seen; while the market has gone up over 4 times in the past 12 years and equity penetration has increase manifold; retail traders still lose money. That too in bullish markets.
Something for equity marketers to think about
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