Good afternoon. Please tell me that postal RD of wife ,when prematurely withdrawn due to medical emergency the amount credited to Bank account of joint one where I am the primary a/c holder and wife is secondary. The RD is completely wife's income. Now who will pay the tax of amount received from bank ? Myself or wife ? But it shows in my income .What shall I do ?

Ans: Hello, depending on your age , corpus , active income and duration of the investment the above question can be answered
If you have active then you don't need any cashflows from mutual funds, but if you don't have any active income then the thumb rule for SWP can be 4-6% of the corpus. If you maintain this with a balanced portfolio, your portfolio will give you good results over a period of 10-15-20yrs

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Ans: Hello,
Never go for dividend options , if you need monthly cashflow from mutual funds then please go with the option of SWP - Systematic Withdrawal Plan under growth option as its better in terms of taxation

Ans: In order to get to 2crs your sip amount has to be Rs.5800 for the next 30yrs
Risk in equity markets is the volatility that you see in the short term, due to the longer duration of your investment that risk gets mitigated
The funds that you can select are as follows :
Small cap 30%
Mid cap 30
Multi cap 20%
Large and mid cap 10%
Thematic funds 10% ( can be changed as per requirement )

Generally the investment amount should be 30% of your gross salary to get to your goals faster , so if you can do a higher investment per month, you should aim for that
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Ans: Dear mother-to-be,
First of all congratulations, you are blessed, you are going to be a mother, celebrate the fact!!
Now to understand what is happening to your body, it is transforming on so many levels to support you and the growing life within you, accept the fact and cherish the fact, allow the whole world to take care of you!!
If you can continue working and you are happy going to work then continue working. If working is stressful and you can take a break then go for it!!
Have a safe pregnancy, birthing and a happy motherhood! Here's wishing both of you happy times ahead! Stay happy, stay blessed!!

Ans: Hello Madam

I am sorry to hear your predicament...I can understand your pain. If you are really keen to work in IT sector then may I suggest you take up some online course in IT and then explore. I am sure with your passion you will make it.

All the best.

Ans: Hello Sir

Suggest you undertake Psychometric tests for your kids that will give an insight into the field that they are more suited for. Also suggest you talk to them and understand their area of interest. Kindly focus on getting them good education which are aligned to their area of interest.

All the best.

Ans: Hello

Not to disappoint you but yes getting a job in the basis of BA degree is not that easy... suggest you explore teaching opportunities and for that undertake necessary post graduate course like MA and B.Ed.

All the best.

Ans: Hello

Suggest you explore freelancing opportunities in the area of your experience and expertise...what you have been doing so far.

All the best.

Ans: Hi!!
Syed, you are asking me what to do, here are my suggestions-
1. have clear goals with respect to your job
2. you have listed so may reasons for not taking up a job, now find a few reasons to take a job - your self respect, your own money to spend are some I can think of
3. it's very easy to quit a job, find reasons to stay
4. invest in your physical and mental well being, a clam and collected mind will take better decisions
5. I really won't say slow growth in an organisation, if I had finished engineering in 2021 and it is middle of 2024 now
6. preparing for Govt Jobs is a good idea, look into doing this thing well if you are really serious about it
7. give your 100% in everything you do Syed!! Let there be energy, enthusiasm and excitement in your search for a job, it's your life, take charge of it and see how you want it to unfold. Do all that which is in your control
8.you get fed up when you don't see progress and not celebrate your wins however small they may be! Every step you take towards your goal, pat yourself on the back, be your greatest cheer leader
9.do not compare yourself with others, compare only if you feel inspired
10. focus on your well being and happiness
11. take up a job and do well there, it is better to do a job than to sit idle or
12. look to upskill in an area you want to work, look for job oriented courses
13. seek help if need be

All the very best!!