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How can a 20-year-old earning 20k/month make 50k by 26 without investing?

Jinal

Jinal Mehta  |95 Answers  |Ask -

Financial Planner - Answered on Nov 10, 2024

Jinal Mehta is a qualified certified financial professional certified by FPSB India. She has 10 years of experience in the field of personal finance.
She is the founder of Beyond Learning Finance, an authorised education provider for the CFP certification programme in India.
In addition, she manages a family office organisation, where she handles investment planning, tax planning, insurance planning and estate planning.
Jinal has a bachelor's degree in management studies. She also has a diploma in in financial management from NMIMS, Mumbai.
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Draco Question by Draco on Nov 08, 2024Hindi
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I earn 20k per month at the age of 20 now How can i make upto 50k at the age of 26 from now I have not invested in any MF or other investing ideologies

Ans: I think if you look for good opportunities in work..you should be able to do it. Also investing a part of your income is a good start in creating your future portfolio
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 2024

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HOW CAN GET 50 K PER MONTH WITH INVESTMENT KINDLY SUGGEST
Ans: To achieve a monthly income of 50,000 from investments without going into detailed calculations:

Investment Horizon:
A longer investment horizon provides more time for your investments to grow and recover from market downturns. With a horizon of 15-20 years, you can consider a mix of equity and debt investments.
Asset Allocation:
Diversify your investments across different asset classes like equities, debt, and possibly real estate or gold. This diversification helps in balancing the risk and potential returns.
Equity Mutual Funds:
For wealth creation over the long term, equity mutual funds have historically offered higher returns. However, they come with higher volatility.
Debt Mutual Funds:
These funds provide stability and regular income with lower volatility compared to equities. They are suitable for investors with a medium risk appetite.
Systematic Investment Plan (SIP):
Investing through SIPs allows you to invest a fixed amount regularly. This disciplined approach to investing can help in achieving your financial goals over time.
Review and Rebalance:
Regularly review your investment portfolio to ensure it aligns with your financial goals and risk tolerance. Rebalance your portfolio if necessary, based on market conditions and your financial situation.
Inflation:
Consider the impact of inflation on your future income needs. Ensure that your investments aim to provide returns that beat inflation to maintain your purchasing power.
Consult a Financial Advisor:
For personalized advice tailored to your financial situation and goals, consult with a financial advisor. They can help you create a customized investment plan and guide you on how to achieve your target income of 50,000 per month.
Remember, investing is a journey, and it's essential to stay committed to your financial goals while being flexible to adapt to changing market conditions.

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Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 22, 2024

Money
Sir. I am 33 I can make an SIP 50k for at least 5years I don't even have any saving right now how can I proceed further...thank you ????
Ans: Investing Rs. 50,000 per month in a Systematic Investment Plan (SIP) for five years is a commendable step. At 33 years old, you have the advantage of time on your side. Let's explore a strategic approach to achieving your financial goals through mutual funds.

Understanding Your Financial Position
Starting Point

You currently have no savings, but you can invest Rs. 50,000 monthly. This consistent investment will be a strong foundation for building your wealth.

Importance of Emergency Fund

Before starting your SIPs, it's crucial to have an emergency fund. This should cover 6-12 months of your living expenses. It ensures financial security during unforeseen circumstances.

Health and Life Insurance

Adequate insurance is necessary to protect your investments. Ensure you have sufficient health and life insurance coverage.

Benefits of SIPs
Rupee Cost Averaging

SIPs help in averaging the purchase cost over time, reducing the impact of market volatility. It allows you to buy more units when prices are low and fewer when prices are high.

Discipline and Consistency

Regular investments instill financial discipline. It encourages saving and investing before spending, ensuring consistent wealth accumulation.

Power of Compounding

Starting early and investing regularly allows your investments to grow exponentially over time. Compounding can significantly increase your wealth.

Selecting the Right Mutual Funds
Actively Managed Equity Funds
High Growth Potential

Actively managed equity funds are managed by professional fund managers who select stocks aiming to outperform the market. They can provide substantial returns over the long term.

Market Expertise

These funds benefit from the expertise of fund managers who analyze and pick stocks based on market trends and company performance.

Disadvantages of Index Funds

Index funds passively track market indices. They may not outperform during volatile markets. Active funds aim for better returns through strategic stock selection.

Diversified Equity Funds
Risk Mitigation

Diversified equity funds spread investments across various sectors. This reduces the impact of poor performance in any single sector, providing a balanced growth opportunity.

Consistent Performance

These funds aim to provide consistent returns by diversifying across sectors and companies. They balance risk and return effectively.

Hybrid Funds
Balanced Approach

Hybrid funds invest in both equity and debt instruments. They provide the growth potential of equities and the stability of debt.

Moderate Risk

These funds are suitable for investors with moderate risk tolerance. They offer balanced returns with lower volatility compared to pure equity funds.

Building Your SIP Portfolio
High Growth Equity Funds

Allocate a significant portion of your SIP to high growth equity funds. They have the potential to provide substantial returns over time.

Diversified Equity Funds

Include diversified equity funds in your portfolio to spread risk. They provide balanced growth by investing across various sectors.

Hybrid Funds

Add hybrid funds to your portfolio for stability. They balance growth and risk, making them suitable for conservative investors.

Avoiding Index Funds

While index funds have low fees, they may not provide the desired growth. Actively managed funds aim to outperform the market, offering better returns.

Regular Funds vs. Direct Funds

Advantages of Regular Funds

Investing through a Mutual Fund Distributor (MFD) with a Certified Financial Planner (CFP) provides professional guidance. They help in selecting the right funds and managing your portfolio effectively.

Disadvantages of Direct Funds

Direct funds have lower expense ratios but lack professional guidance. Investors must have the expertise to select and manage funds independently.

Monitoring and Adjusting Your Portfolio
Regular Reviews

Regularly review your portfolio to ensure it aligns with your financial goals. Adjust the allocation based on market conditions and personal circumstances.

Rebalancing

Periodically rebalance your portfolio to maintain the desired asset allocation. This involves buying and selling funds to keep the portfolio balanced.

Staying Informed

Stay updated with market trends and fund performance. Knowledgeable investors make informed decisions, ensuring better returns.

Professional Guidance
Certified Financial Planner (CFP)

A CFP provides personalized advice based on your financial situation and goals. They help in constructing a diversified portfolio that balances risk and return effectively.

Regular Consultation

Regular consultations with a CFP ensure your investments remain aligned with your goals. They provide insights and adjustments to optimize your investment strategy.

Setting Realistic Financial Goals
Achievable Targets

Set realistic financial goals based on your income and investment capacity. Unrealistic targets can lead to disappointment and poor investment decisions.

Long-Term Perspective

Focus on long-term wealth creation rather than short-term gains. Long-term investments benefit from compounding and provide substantial returns.

Conclusion
Starting a SIP of Rs. 50,000 per month is a significant step towards financial growth. Focus on building a diversified portfolio with a mix of actively managed equity funds, diversified equity funds, and hybrid funds. Regularly review and adjust your portfolio, and seek professional guidance from a CFP to achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 10, 2024

Money
Hi Sir, My age is 33. My salary is 70k. I have 4Lakh in mutual fund ( current SIP 12500) and 4L in EPF and 20L stocks with zero debts. My monthly expenses is 35k. I want fixed income 50k at age of 50. How can I get 50k or any suggestions for better investment plan.
Ans: It's wonderful to see you taking a proactive approach towards your financial future. You’ve got a strong base, and we can build on that to achieve your goal of Rs. 50,000 in fixed income by the age of 50. Let’s break this down step by step.

Current Financial Overview
Income and Expenses
You earn Rs. 70,000 per month and your monthly expenses are Rs. 35,000. This leaves you with Rs. 35,000 for savings and investments.

Existing Investments
Mutual Funds: Rs. 4 lakhs with a current SIP of Rs. 12,500.
EPF: Rs. 4 lakhs.
Stocks: Rs. 20 lakhs.
Zero Debts: This gives you financial flexibility.
Setting Clear Goals
Goal: Fixed Income of Rs. 50,000 at Age 50
You want to achieve a fixed monthly income of Rs. 50,000 by the time you turn 50. This requires a combination of steady growth and income-generating investments.

Diversifying Your Portfolio
Mutual Funds
You are already investing in mutual funds, which is excellent. Let's look at how we can enhance this:

Types of Mutual Funds
Equity Mutual Funds: These funds invest in stocks and have the potential for high returns. They are suitable for long-term growth.

Debt Mutual Funds: These funds invest in fixed-income securities. They are less volatile and provide stable returns. Good for balancing risk.

Hybrid Funds: These funds invest in a mix of equity and debt. They offer a balance of growth and stability.

Advantages of Actively Managed Funds
Actively managed funds have professional managers who aim to outperform the market. They can provide better returns compared to index funds.

Direct vs. Regular Funds
Direct Funds: These have lower expense ratios but require more effort and knowledge to manage.

Regular Funds: These come with professional guidance and support. Investing through an MFD with CFP credentials can provide valuable insights.

Debt Instruments
Debt Mutual Funds
Consider adding more debt mutual funds to your portfolio. They provide stability and are less affected by market volatility.

Fixed Deposits (FD)
Fixed deposits offer guaranteed returns. They are safe but may offer lower returns compared to other investment options.

Government Bonds
Invest in government bonds for secure and steady returns. They are low-risk and provide regular interest income.

Equity Investments
Diversified Stock Portfolio
You already have Rs. 20 lakhs in stocks. Ensure this portfolio is diversified across different sectors to minimize risk.

Regular Monitoring
Regularly review your stock investments. This helps in making necessary adjustments based on market conditions.

Creating a Financial Plan
Asset Allocation
Diversify your investments across different asset classes. This reduces risk and ensures steady growth.

Setting Milestones
Break down your long-term goal into smaller milestones. This helps in tracking progress and making adjustments as needed.

Regular Reviews
Review your financial plan regularly. This ensures your investments are aligned with your goals and market conditions.

Importance of Compounding
Long-Term Growth
Compounding allows your investments to grow exponentially over time. The earlier you start, the more significant the growth.

Reinvesting Returns
Reinvest your returns to maximize growth. This helps in achieving your financial goals faster.

Consulting a Certified Financial Planner (CFP)
Personalized Advice
A CFP can provide tailored advice based on your financial situation and goals. They help optimize your portfolio and create a comprehensive financial plan.

Professional Management
CFPs offer professional management of your investments. They ensure your portfolio is aligned with your goals and risk tolerance.

Building Trust
Check the CFP’s credentials, reviews, and have an initial complimentary call. Speak to existing clients to gauge their trustworthiness.

Generating Fixed Income
Systematic Withdrawal Plan (SWP)
An SWP allows you to withdraw a fixed amount from your mutual fund investments regularly. This provides a steady income stream.

Dividend-Paying Stocks
Invest in stocks that pay regular dividends. This provides a steady income in addition to potential capital appreciation.

Monthly Income Plans (MIPs)
MIPs are mutual funds that invest in a mix of equity and debt to provide regular income. They are suitable for generating fixed income.

Risk Management
Insurance
Ensure you have adequate insurance coverage for health, life, and property. This protects your financial plan from unforeseen events.

Emergency Fund
Maintain an emergency fund to cover unexpected expenses. This ensures your long-term investments remain untouched during emergencies.

Diversification
Diversifying your investments reduces risk. Spread your investments across different asset classes to protect against market volatility.


Your proactive approach towards securing your financial future is commendable. Your current investments and zero-debt status are strong foundations. Keep up the great work!

Final Insights
Achieving a fixed income of Rs. 50,000 by age 50 is within reach with disciplined investing and proper planning. Continue diversifying your portfolio, leverage the power of compounding, and consider consulting a CFP for personalized advice. Stay informed, review your investments regularly, and make adjustments as needed to stay on track.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 10, 2024

Asked by Anonymous - Jun 23, 2024Hindi
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I am 27 years old working in a Logistics company... Current salary is 60k and I started investing in mutual fund since my college and currently investing 20k per month in mutual funds...and I also have 16k loan to pay per month...I want to make 40Lac-50Lac in next 5-6 years... Please suggest
Ans: First off, great job on starting early with your investments in mutual funds. Starting early is one of the best decisions you can make for your financial future.

Let's dive into your situation and see how you can achieve your goal of making Rs. 40-50 lakhs in the next 5-6 years.

Assessing Your Current Financial Situation
You are 27 years old and working in a logistics company with a monthly salary of Rs. 60,000. You have an investment of Rs. 20,000 per month in mutual funds and a loan repayment of Rs. 16,000 per month. Your net disposable income after loan repayment and mutual fund investment is Rs. 24,000.

Setting Realistic Financial Goals
Achieving Rs. 40-50 lakhs in 5-6 years is ambitious but doable with a disciplined approach. The goal is to maximize your returns while managing risks effectively. You need to focus on the power of compounding and diversification in your mutual fund investments.

Investment Strategy: Mutual Funds
Mutual funds are a great tool for wealth creation. They offer diversification, professional management, and the potential for high returns. Since you are already investing in mutual funds, let's break down how you can optimize your portfolio.

Categories of Mutual Funds
Equity Mutual Funds: These are the best for long-term wealth creation. They invest primarily in stocks and have the potential to provide high returns. However, they also come with higher risks.

Debt Mutual Funds: These are lower-risk investments that provide steady returns. They invest in bonds and other fixed-income securities.

Hybrid Mutual Funds: These funds invest in both equities and debts, providing a balance of risk and return.

Power of Compounding
Compounding is when your investment earnings start generating their own earnings. The longer you stay invested, the more your money grows. Since you have a 5-6 year horizon, this is crucial. By consistently investing Rs. 20,000 per month, you allow your investments to grow and compound over time.

Optimizing Your Mutual Fund Portfolio
Given your goal and investment horizon, here’s a strategy you could consider:

Increase Equity Exposure: Since you have a higher risk appetite and a 5-6 year horizon, focus on equity mutual funds. They have the potential to generate higher returns.

Diversify: Don’t put all your money into one type of equity fund. Diversify across large-cap, mid-cap, and small-cap funds to balance risk and return.

Systematic Investment Plan (SIP): Continue with your SIP of Rs. 20,000 per month. This helps in rupee cost averaging and reduces the impact of market volatility.

Review and Rebalance: Periodically review your portfolio and rebalance if needed. Ensure that your investments align with your goals and risk profile.

Managing Your Loan
You have a loan repayment of Rs. 16,000 per month. While it’s important to invest, ensure you’re also managing your debt efficiently. High-interest debts should be paid off as soon as possible. If your loan is at a high-interest rate, consider repaying it faster or refinancing it for a lower interest rate.

Additional Investment Opportunities
If you can manage to save more, consider increasing your SIP amount. Even an additional Rs. 5,000 per month can significantly impact your overall returns over the next 5-6 years. Also, if you receive any bonuses or windfalls, consider investing a portion of that amount into your mutual funds.

Risk Management
Investing in equity mutual funds involves risks. To manage these risks:

Stay Invested for the Long Term: Don’t panic during market downturns. The market tends to recover over time.

Diversify: As mentioned, diversify your portfolio across different types of equity funds and sectors.

Emergency Fund: Maintain an emergency fund equivalent to 6-12 months of your expenses. This ensures you don’t have to dip into your investments during emergencies.

Final Insights
You are on the right track by starting early and investing consistently. With disciplined investing and proper portfolio management, you can achieve your goal of Rs. 40-50 lakhs in the next 5-6 years. Focus on equity mutual funds, diversify your investments, and leverage the power of compounding. Manage your loan efficiently and consider increasing your SIP amount if possible. Regularly review and rebalance your portfolio to stay aligned with your financial goals.

Remember, investing is a journey. Stay patient, stay disciplined, and you will reach your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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Dr Ashish

Dr Ashish Sehgal  |107 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 12, 2024

Asked by Anonymous - Sep 05, 2024Hindi
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Relationship
Dear Dr Ashish, How do I get my 14 year old teenage son to talk to me? He talks less, is either angry or grumpy and rarely discusses anything at home with anyone. Is this behaviour normal? He used to be a talkative child when he was younger. How can I help?
Ans: Let me reassure you that you’re not alone in facing this challenge, and what you describe is quite common in teenagers. The teenage years are a time of immense internal transformation. It's as if your son is building a new version of himself, one brick at a time, and sometimes, in that process, he may feel the need to pull away to figure things out.

You see, as children grow, their world expands. Their focus shifts from being family-centered to exploring who they are in the larger world. This doesn't mean he cares any less about you; it simply means he’s working on something deep within himself—maybe even trying to understand emotions and situations he doesn’t yet have the words for.

Now, instead of trying to make him talk, which might feel like pressure to him, consider this: how can you create an environment where he wants to open up? Imagine if, instead of asking direct questions or expressing concern, you shared a small, non-threatening piece of your world. Maybe a funny story about your day or a memory of when you were his age. Sometimes, starting with something light gives him permission to engage without feeling interrogated.

Another way to open doors is through shared experiences. Teenagers often speak more freely when they're not face-to-face. Maybe a walk or a ride, cooking a meal together, or even playing a video game could become moments where he feels comfortable talking.

And when he does speak, no matter how small the opening, meet him with curiosity, not judgment. If he shares something, reflect it back to him in a way that says, "I hear you, and I value what you're saying." For example, if he mentions feeling frustrated, you could say, "It sounds like something’s been tough for you lately," rather than jumping to advice.

Finally, remind yourself—and him—this is a phase, not a permanent state. He is still that talkative child deep inside, but right now, he's learning to balance his need for independence with the safety of your love. Your steady presence, even when he seems distant, will be his anchor.

You’re already asking the right question, and that shows how much you care. Trust the process, and trust your connection. It’s still there, even in the quiet moments.

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Anu

Anu Krishna  |1394 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 12, 2024

Asked by Anonymous - Dec 10, 2024Hindi
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Relationship
Hi I am 50 yrs male married for last 20 yrs, facing domestic abuse mentally, physically from my wife, she is extremely aggressive and use foul language in front of our 13 yrs daughter, family members, friends, maid, driver... she is keep blaming me if anything went wrong be it is financial, Social and economical . She always blame my parents with very abusive language.. she always say negative things in front of my family members for all the things which went wrong due to her extraordinary aggressive and abusive behavior, she always make issues out of normal conversation.. she is also working. She doesn't talk and whenever i try to ignore her, she physically abusive and use foul language with me.. i am trying to adjust with her for the sake of my daughter future. She is very negative, if i try to help her, she will start shouting and use abusive language and start physically abusive towards me I don't know how deal with strange behavior... I am confused and worried, but due family, daughter and society i am tolerating her. Pls help and suggest best possible solutions
Ans: Dear Anonymous,
Has this started more recently or has it been going on for a while now? This is a good indicator to know if things were most;y like this or if any recent event has triggered this.
If it is a recent thing, I guess you could try and find out what exactly could have caused this. But if it is something that has been happening for a long time, the reasons could be any and many. Since there is also some physical abuse as you mentioned, kindly make an appointment with a professional who will be able to guide your wife through this challenging time. It possibly involves some unresolved things from the past which is making life currently difficult for all of you.
Work as a family unit together for her and not against her. It's going to make matters worse. She may refuse to go to a professional, then the only option left is for you to develop a lot of patience and deal with this adult to adult with her. No fights, quarrels with her but a lot of quiet conversations which she will initially resist but someday she will give in...So if you want the family to get back together in a healthy way, a lot also depends on how you are going to deal with the situation.

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

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Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 12, 2024

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Sir, I am a female private company employee would like to invest Rs 10,00,000 other than in FD's. Considering liquidity and risk pls advise me how to proceed with.
Ans: Your decision to explore alternatives to fixed deposits is commendable. It reflects a balanced approach to achieving better returns while maintaining liquidity and managing risk. Below is a detailed analysis and suggestions on how to proceed with your investment:

Diversified Mutual Fund Portfolio
Mutual funds are ideal for liquidity, risk management, and diversification.

Allocate funds to different mutual fund categories based on your risk appetite and investment goals.

Equity mutual funds: Invest 40% for high returns in the long term. They suit moderate to high-risk tolerance.

Hybrid funds: Allocate 30% to balance equity and debt exposure for stability. These are less volatile.

Debt mutual funds: Invest 30% to preserve capital and ensure liquidity. These offer lower risk.

Actively managed funds are better for growth as they outperform passive options.

Regular plans through an MFD with a CFP offer expert guidance and better fund selection.

Systematic Withdrawal Plan (SWP)
Use SWP for a steady cash flow if needed later.

Withdraw systematically without disturbing the principal.

This strategy maintains liquidity and provides tax efficiency.

Corporate Fixed Deposits and Bonds
Invest 20% in AAA-rated corporate FDs or bonds for better returns than bank FDs.

Ensure the issuer has a strong credit rating for safety.

These options provide fixed income and moderate liquidity.

Gold Investment for Diversification
Allocate 10% to gold through Sovereign Gold Bonds or Gold ETFs.

Sovereign Gold Bonds offer an additional annual interest of 2.5%.

Gold acts as a hedge during economic uncertainties.

Liquid Funds for Emergency Needs
Keep 10% in liquid mutual funds for emergencies or short-term goals.

These provide easy access to funds within 24 hours.

Returns are higher than savings accounts, ensuring better cash management.

Tax Efficiency
Equity mutual funds offer long-term tax benefits if held for over one year.

Debt mutual funds are taxed as per your income slab, but indexation reduces long-term taxes.

Plan withdrawals to optimise tax liability and maximise post-tax returns.

Insurance and Contingency Fund
Before investing, ensure adequate health and life insurance coverage.

Maintain a contingency fund covering at least 6 months of expenses.

This step ensures financial stability during emergencies.

Regular Monitoring
Review your investments quarterly with the help of a Certified Financial Planner.

Rebalance the portfolio based on market conditions and financial goals.

Regular tracking helps mitigate risks and ensures alignment with your objectives.

Avoid Common Investment Mistakes
Avoid direct funds due to the absence of expert advice and monitoring.

Stay away from speculative investments promising quick returns.

Avoid underestimating the importance of professional guidance in fund selection.

Align Investments with Goals
Define short-term, medium-term, and long-term financial goals.

Match investments with respective timelines for effective planning.

Ensure liquidity aligns with your specific needs, avoiding over-commitment to illiquid options.

Final Insights
Your investment should be a mix of growth and safety. Keep funds accessible when required while optimising returns. Diversify wisely and seek professional guidance for fund selection and periodic review. Stay focused on aligning investments with your goals and risk profile.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Anu

Anu Krishna  |1394 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 12, 2024

Asked by Anonymous - Dec 10, 2024
Relationship
Hi doctor, I am 40 yrs old and my wife is 38 married for 14 yrs and have 1 kid who is 11 yrs old. We both are working and we only get to spend time on weekend and during weekdays we hardly get time to talk and see each other due to our shift timings. During weekend I do get urge to be intimate with her but she has lost interest and she doesn't have that urge to be intimate, we spoke about this multiple times and she agrees about this fact as we hardly get intimate once in 6 months or may be more than that. I do have that strong urge and don't want to cheat on my wife or go somewhere else to fullfill my sexual needs, but not sure if there can be any medication which will arouse her so that she can participate willingly in having sex. Even if we happen to get in to action she will just lie on the bed like dead with no emotions and she is constantly thinking of something else in her mind like what I need to cook for tomorrow, or did she do that work in office she will ask me to remind about something tomorrow as she has to do certain task, her mind is all over the place except in the act in the present moment, which really turns me off. Please need your help to save our relationship.
Ans: Dear Anonymous,
Intimacy for a man and women are very different and varied as well.
You cannot NOT connect during the week at an emotional level and then expect your wife to be excited to jump in bed. That's not how it works!
Both of you work which means weekends do get busy with household chores, children and more...there's very little time and energy left for intimate moments.
On your wife's part, she has not learned as yet to leave office work at the office but certainly what to cook for the next day is a huge task if this depends only on her. Why don't the two of you pitch in to distribute the household work between you? That way she does not feel burdened (if she does feel that way)...this also goes a long way in letting her know that you care and you want to help her...
You could also talk about how you can steal some moments after office and before you reach home by meeting at a cafe and sharing time over a cup of coffee. This definitely will make your wife feel more connected and emotionally secure which is a start point to easing of your sexual relationship.
Basically, get back to the dating scene and make your relationship a priority. A great sexual life is a product of the connection that a couple share outside the bedroom and the willingness on the part of the couple to make that happen.

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 11, 2024

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I have 20 lakhs in my account and a house in my name. At present I am not earning. I have taken SBI Life smart wealth builder with installment of 1Lakh, for 12 years and premium payment term of 7 years. Applicable tax rate is 18%. I also invested in MF and taken a health insurance. I am thinking if it would be wise to continue with the SBI life. If I close SBI life and invest that in MF will it be beneficial for me? I have taken a break from my career due to health issues, and planning to continue with my job soon with an expected income of 40-50k. I am 50 years old. I need to take care of my son's (18 years) higher studies and plan for my retirement.
Ans: You are in a transitional phase with important financial goals. Let’s assess your options to make informed decisions.

Assessing SBI Life Smart Wealth Builder Policy
High Cost of Policy: The policy includes administration charges, fund management fees, and taxes of 18%.

Limited Returns: ULIPs often provide lower returns compared to actively managed mutual funds.

Lock-in Period: Your policy locks funds, restricting liquidity for immediate goals.

Surrender Value: Check the surrender value. Early surrender might lead to penalties and reduced returns.

Potential Benefits of Investing in Mutual Funds
Higher Returns: Mutual funds, especially actively managed ones, often outperform ULIPs over time.

Flexibility: You can withdraw funds based on your needs, offering better liquidity.

Diversification: Mutual funds provide exposure to different asset classes, reducing risk.

Cost Efficiency: Investing through a Certified Financial Planner minimises hidden charges and optimises returns.

Managing Your Rs. 20 Lakh Corpus
Emergency Fund: Set aside Rs. 5-6 lakhs in liquid funds or fixed deposits for emergencies.

Education Planning: Allocate funds in short-term debt mutual funds or recurring deposits for your son’s higher studies.

Retirement Corpus: Invest the remaining amount in a mix of equity and debt mutual funds for long-term growth.

Health Insurance Adequacy: Review your existing health insurance to ensure sufficient coverage.

Planning Your Income Resumption
Once you resume work, save at least 20-30% of your income.

Prioritise retirement contributions alongside education planning.

Use surplus income to reduce financial dependency on investments.

Tax Efficiency
Mutual Funds: Equity mutual funds provide tax benefits but watch for LTCG above Rs. 1.25 lakh (taxed at 12.5%).

Surrendering ULIP: Check tax implications on surrender proceeds. ULIPs offer tax exemption if premiums don't exceed 10% of the sum assured.

Health Insurance: Claim Section 80D deductions for premiums paid.

Strategic Steps Forward
Review the policy surrender value. If penalties are high, consider continuing till break-even.

Consult with a Certified Financial Planner for a detailed portfolio review.

Set realistic timelines for education and retirement goals.

Maintain separate funds for short-term needs and long-term growth.

Finally
Your proactive approach will create a strong financial foundation. By reallocating your resources wisely, you can secure your son’s education and your retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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