Dr, I am V.S.Pavate, has undegone bypass surgery(CABG) five years ago and on medication.Recently I did follow up cheque up.I have told by the cardilogist that all the reports are fine and lipid profile also fine. Now i have chest pain every now and then.Is it due to acidity.please let me know. Vsp

Ans: Yes, Dear. It is not too late, but certainly late. If you start at 32, it will be over by 36. For all Govt. jobs your age will be a barrier and certainly it will be late. But I must know what you did between 16 and 32 for guiding you more thoroughly. Please feel free to contact me anytime. All the best. May God Bless You..................................:)

Ans: Amritansh, Your short- and long-term objectives will determine this. Choose the Newton School BTech if you want to be prepared for a job right out of college. Scalar's BSc+MS curriculum is better suited if you want to pursue leadership positions, research opportunities, or in-depth expertise in the future. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

Ans: Sujata, You can if you have all four subjects in 12th: Physics, Chemistry, Maths, and Biology. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

Ans: The future scope is very bright provided she keeps her knowledge upto date with the pace of time. It is an ever changing field. So always her BIO-DATA must be matching with the need of the present day. Best of luck to your daughter.GOD BLESS HER. Regards. Professor

Ans: Hello;

What is purpose of investment (retirement planning, kid's education house purchase)?

What is the time horizon (number of years)?

Based on your response, I can recommend you suitable options.

Thanks;

Ans: Hello;

If you have been member of EPFO for 10 years or more you can do partial withdrawal from your EPF account towards repayment of loan.

You will require outstanding loan statement from the bank to process your request.

Best wishes;

Ans: Hello;

If you have been member of EPFO for 10 years or more you can do partial withdrawal from your EPF account towards repayment of loan.

You will require outstanding loan statement from the bank to process your request.

Best wishes;

Ans: Dear Anonymous,
Do you all live together? If YES, maybe it's time to actually live separately where there is a healthy space between both families. This may not go well with a lot of families where joint family system have ruled for a long time BUT what's the point spoiling relationships and living under one roof. Of course, your husband also needs to be in alignment with this thought.
If not and this is not going to be possible, then do approach your side of the family to intervene...now, either things may get set right OR things may get worse. It's sad that your husband is unable to see your side of things.
One things I want to ask: What makes them feel that you are trying to steal their son? Is it some behavior of yours that they are misreading? Then it's possible to set things right if this can be identified...

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

Ans: Your efforts in building a substantial equity and mutual fund portfolio are commendable. Planning the construction of a residential apartment is an ambitious goal. Let us evaluate your plan step by step and explore alternatives.

Financial Overview
Equity Investments: Current market value of Rs 1.8 crore.
Equity Mutual Funds: Current market value of Rs 1.6 crore.
Expected Growth: Assuming 20% CAGR over 7 years, the portfolio may grow significantly.
Land Value: Rs 3 crore.
Construction Funding Needed: Rs 2 crore.
Plan for Funds: Overdraft loan against equities and mutual funds at 10.35%.
Assessment of Overdraft Loan Plan
Advantages
No Asset Liquidation: You retain ownership of your investments, benefiting from potential growth.
Flexible Repayment: Overdraft loans allow partial repayments, easing financial pressure.
Concerns
High Interest Rate: 10.35% on Rs 2 crore results in an annual interest of Rs 20.7 lakh.
Repayment through SWP: An annual SWP of Rs 10 lakh may not fully cover the interest.
Market Volatility: Fluctuations in market value could affect the collateral margin.
Risk of Insufficient Growth
If investments fail to achieve 20% CAGR, loan repayment may become challenging.
Exploring Alternatives
1. Partial Liquidation of Investments
Sell a Portion of Portfolio: Liquidating Rs 1 crore from your equity portfolio can reduce loan dependency.
Benefits: Lower loan amount decreases interest burden significantly.
2. Phased Construction
Stagger Construction Phases: Build the apartment in phases, reducing immediate fund requirements.
Benefits: Spreads out financial pressure and allows cash inflows from initial unit sales or rent.
3. Explore Joint Venture Options
Partner with a Developer: Share the construction cost and revenue with a reputed builder.
Benefits: Reduces upfront financial strain while retaining ownership of some units.
4. Leasing Out Units Post-Construction
Generate Rental Income: Post-construction, lease out units for regular cash flow.
Benefits: Supports loan repayment without liquidating the portfolio.
Revised Strategy for Loan Repayment
Systematic Withdrawal Plan (SWP)
Increase SWP Amount: Consider an SWP of Rs 15-20 lakh annually instead of Rs 10 lakh.
Combine with Partial Liquidation: Use SWP and proceeds from partial liquidation for interest repayment.
Mitigate Loan Risk
Prepay Loan with Surplus Income: Allocate any excess cash flows or savings to reduce loan tenure.
Reassess Growth Assumptions: Lower expected CAGR to 12-15% for a conservative approach.
Tax Implications
Equity Gains Tax: Long-term capital gains above Rs 1.25 lakh are taxed at 12.5%.
Plan Withdrawals Efficiently: Use tax-efficient strategies to minimise outgo.
Final Insights
Your plan to raise funds through an overdraft loan is viable but carries risks. Combining this with a partial liquidation of investments or phased construction can reduce stress. Joint ventures or rental income from units could provide additional financial stability. Consult a Certified Financial Planner to design a comprehensive strategy and avoid over-leveraging.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

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