My Son Scored 15K in JEE Mains: What Courses Should He Choose?

Ans: Hello Sagar!
Thank you for reaching out to us. It’s great that you’re thinking of sending your son abroad for his master’s degree. With his BTech in CSE from VIT Vellore, he already has a strong foundation.

Countries like the United States, the United Kingdom, Australia, and others offer excellent universities with strong Computer Science programs. These universities provide world-class education and access to strong tech industries, where students can also find part-time jobs to gain practical experience while studying.

It’s important that he chooses a good university for his master's, as this will play a key role in his future career. I wish you both the best of luck in this exciting journey!

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Ans: The house you live in is over 125 years old, posing significant risks.

The upper portion is built with tiles and is more than 75 years old.

Leaks during rains and cyclones have created a hazardous situation.

The owner, who is a widow, has financial and personal constraints.

The property title is not updated in her name, complicating matters further.

Key Challenges Identified

Structural Risks

The old construction and lack of maintenance increase the risk of collapse.
Heavy rains or cyclones can worsen the situation.
Lack of Ownership Clarity

Legal ownership is unclear, complicating your ability to seek redress.
Physical Limitations

Your health and mobility constraints make action difficult.
Your wife's joint pain limits her ability to assist.
Owner’s Reluctance

The owner is unwilling to address the property’s condition.
Immediate Steps to Consider

Document the Issues

Take photographs of the damaged and leaking areas.
Keep records of dates and details of complaints made to the owner.
Consult a Structural Engineer

Request a local engineer to inspect the house.
Obtain a written report highlighting the structural risks.
Report to Local Authorities

Contact the Corporation Commissioner of your city or municipality.
Submit a formal complaint along with the engineer's report.
Explain the risks to your safety and the neighbourhood.
Seek Assistance from Neighbours

Discuss the issue with neighbours who may also face similar risks.
A joint complaint may add weight to your request.
Engaging Legal Support

Consult a Legal Expert

Seek legal advice on rights related to unsafe living conditions.
Understand if you can compel the owner to take corrective action.
File a Grievance Through Legal Channels

If the owner remains uncooperative, file a complaint in the local court.
Highlight the risks posed by the property to public safety.
Explore Tenants’ Rights

If you are considered a tenant, check your rights under local tenancy laws.
Addressing Health and Safety Concerns

Identify Alternative Housing Options

Consider temporary relocation during the monsoon or cyclone season.
Reach out to family or friends for support in finding safer accommodation.
Ensure Emergency Preparedness

Keep essential documents and valuables in waterproof containers.
Prepare an emergency evacuation plan for heavy rains or cyclones.
Leverage Community Support

Seek help from local welfare organisations or senior citizen support groups.
Addressing Financial and Ownership Issues

Advise the Owner to Rectify Ownership Documents

Suggest updating the property title to her name.
This will enable her to access loans or financial assistance for repairs.
Propose Joint Renovation Efforts

Offer to share the cost of minor repairs to address immediate risks.
Discuss this as a temporary measure until she can afford full repairs.
Explore Government Assistance

Check if your municipality offers schemes for old or unsafe buildings.
Apply for support on behalf of the owner if necessary.
Final Insights

The current condition of the house requires urgent attention to prevent a disaster.

Document the issues thoroughly and involve local authorities for a resolution.

Seek legal and structural advice to protect yourself and your family.

Address health and safety concerns proactively to reduce risks during emergencies.

By taking these steps, you can manage this challenging situation effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: At 36 years, you have 24 years until your planned retirement at 60.

Your primary income is Rs. 90,000 per month, with an additional Rs. 50,000 from trading.

All salary income is used for living expenses, loans, and household costs.

Your assets include mutual funds (Rs. 14 lakhs), ETFs (Rs. 13 lakhs), gold (Rs. 22 lakhs), EPF (Rs. 2.5 lakhs), FD (Rs. 1.25 lakhs), and savings (Rs. 2 lakhs).

You aim to accumulate Rs. 25 crores for retirement, requiring focused financial planning.

Detailed Analysis of Monthly Commitments

Rent Expense

Rs. 13,500 per month, increasing by 10% annually.
Rent will grow significantly over 24 years, impacting savings potential.
Loan Repayments

Rs. 32,500 for personal loan (5.5 years).
Rs. 7,500 for car loan (5 years for your father).
Rs. 12,500 for car loan (2.5 years for yourself).
Loans will limit savings until they are fully repaid.
Household Expenditures

Current spending is Rs. 24,000 monthly.
Incremental increases will challenge future budgeting.
Investment Goals and Challenges

You aim to create a retirement corpus of Rs. 25 crores by age 60.
Current savings and investments may not suffice without significant growth.
Loan repayments and rising expenses reduce surplus cash flow.
Recommendations to Build a Rs. 25 Crore Corpus

Increase Monthly SIP Contributions

Allocate Rs. 40,000 from trading income to SIPs once loans are cleared.

Focus on equity funds with diversified large-cap, mid-cap, and flexi-cap exposure.

Small-cap funds are good for high growth but add large-cap funds for stability.

Use actively managed funds for better performance over index funds.

Optimise Your Debt Management

Focus on prepaying high-cost personal and car loans with trading profits.

Clearing loans faster will free up Rs. 52,500 monthly for investments.

Avoid unnecessary new loans until existing liabilities are cleared.

Invest Trading Profits Strategically

Allocate Rs. 10-15 lakhs from trading profits to high-growth equity funds.

Use the remaining trading income to gradually prepay loans.

Build a disciplined strategy for trading profits to avoid overexposure to risk.

Gold as a Portfolio Hedge

Retain gold holdings (Rs. 22 lakhs) as a hedge against inflation.
Do not increase gold allocation; focus on equity for higher returns.
Enhance EPF Contributions

Ensure regular EPF contributions continue from your salary.
EPF provides stable and tax-free growth for retirement.
Create an Emergency Fund

Keep Rs. 3-6 months of expenses in liquid funds or savings for emergencies.
Use part of your Rs. 1.25 lakhs in FD and Rs. 2 lakhs in savings for this purpose.
Achieving the Rs. 25 Crore Corpus

Leverage Compounding Benefits

Compounding requires time and consistent investments.
With 24 years, equity funds can generate substantial long-term returns.
Asset Allocation Strategy

Invest 70% in equity funds for high growth.
Allocate 20% to debt mutual funds for stability.
Retain 10% in gold and EPF for inflation protection.
Use Systematic Investment Plans (SIPs)

SIPs ensure disciplined investing, regardless of market fluctuations.
Gradually increase SIP amounts as loans are repaid and income rises.
Tax Efficiency in Investments

Invest in tax-saving ELSS funds within the Rs. 1.5 lakh Section 80C limit.
Plan redemptions from equity and debt funds to minimise capital gains tax.
Final Insights

Focus on prepaying loans and increasing SIP contributions after loan closures.
Diversify investments across equity, debt, and gold for long-term stability.
Use trading income and surplus cash flow strategically for prepayments and investments.
Review your portfolio annually with a Certified Financial Planner for alignment.
By following these steps, achieving a Rs. 25 crore corpus by 60 is feasible.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Dear Anonymous,
Your boyfriend is right; make a decision and you are old enough to run your life the way that you want.
Someone is going to get hurt when you make a decision; you take that call...
You are telling me: I want to marry my boyfriend but my parents won't agree but I don't want to lose my boyfriend but I don't want to hurt my parents...
So many BUTs will just confuse matters. Make a decision, stick with it...things will fall in place.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: You have Rs. 35 lakhs in FDs, a secure and risk-free investment.

At 38 years, you can afford a higher risk appetite to maximise returns.

A 10-year horizon allows you to benefit from compounding and equity market growth.

Diversification is key for optimising returns and reducing risk exposure.

Equity Mutual Funds for Long-Term Growth

Allocate 60% of your corpus (Rs. 21 lakhs) to diversified equity mutual funds.

Invest in large-cap, mid-cap, and flexi-cap funds for balanced growth.

Equity mutual funds offer potential for high returns over a 10-year horizon.

These funds are actively managed, ensuring better performance than index funds.

Debt Funds for Stability

Allocate 20% (Rs. 7 lakhs) to high-quality debt mutual funds.

Debt funds provide stability and better post-tax returns than FDs.

Use them for medium-term needs and to reduce portfolio volatility.

Choose funds with low credit risk for better safety.

Gold as a Hedge

Allocate 10% (Rs. 3.5 lakhs) to gold via sovereign gold bonds (SGBs).

Gold provides inflation protection and portfolio diversification.

SGBs offer tax benefits and additional interest income.

PPF for Risk-Free Growth

Allocate 10% (Rs. 3.5 lakhs) to Public Provident Fund (PPF).

PPF offers tax-free returns and risk-free investment growth.

Invest the annual limit of Rs. 1.5 lakhs for full tax benefits.

Systematic Investment Approach

Move FD funds to the market gradually via a systematic transfer plan (STP).

STPs reduce market timing risk by investing systematically over time.

This approach ensures smooth transition from fixed-income to market-linked funds.

Tax Efficiency in Investments

Equity mutual funds are tax-efficient for long-term investments.

LTCG tax on equity above Rs. 1.25 lakh is 12.5%.

Debt fund gains are taxed as per your income slab.

Optimise withdrawals to minimise tax outflows.

Portfolio Review and Rebalancing

Review your portfolio annually to maintain the desired asset allocation.

Rebalance to stay aligned with market changes and financial goals.

A Certified Financial Planner can guide you for periodic adjustments.

Emergency Fund Planning

Retain a portion of your FD for emergency purposes (3-6 months' expenses).

Ensure quick access to this fund for unforeseen needs.

Final Insights

Diversify into equity, debt, gold, and PPF for balanced growth.

Focus on long-term wealth creation with a systematic and disciplined approach.

Review investments regularly to align with financial goals and market conditions.

With this plan, your Rs. 35 lakhs can grow significantly in 10 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: you need to hold it till SEBI reopens it

Ans: reduce from Aarti and add a Power sector company

Ans: NO, SCSS is better for them

Ans: plz connect with the registrar of the company, they will guide you.
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