When the stock market was touching new highs in January this year, Tarang Vasisth and his wife Chandni were taking free advice from an untested source. They had saved meticulously for their twin goals of buying a house and starting a business, but the required corpus was short by about Rs 5 lakh.
“We still had two years to go. So we took a colleague’s advice and invested in stocks to make up for the shortfall,” says the Delhi-based consultant. But the free advice proved to be super cos ..