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Samraat

Samraat Jadhav  |1746 Answers  |Ask -

Stock Market Expert - Answered on Jul 11, 2023

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Asked by Anonymous - Jul 06, 2023Hindi
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How is the future of Sterlite Tech? I have 1450 shares @Rs 231? Holding it for more than a year. Since it is not performing what should I do?

Ans: hold for a target of 200 for atleast 3yrs.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
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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Asked by Anonymous - May 12, 2024Hindi
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A friend of mine is aged 47 yrs is a salaried income is 1 lakh p m at present, he is away from his hometown and living in a good city in india with his family,he was having a 2bhk flat whick he has purchased in his hometown, against which he took a loan from someone fir 14 lakhs to repay his debt since 10 yrs ago,still the outstanding is 14 lakhs, in 2024 he will get some funds 4 lakhs approx ,what he must do in this situation, should he take back the property by paying slowly all the 14 lakhs in coming years ,or he will just leave the property and with his own money look for taking a new property, the old flat is in 4th floor not having lift.He is scared about the present property cost and how will he be building a new house in his hometown..kindly advise
Ans: Navigating Property Ownership: Assessing Options for Financial Security
Your friend's situation presents a complex decision regarding property ownership and financial stability. Let's evaluate the available options and recommend a course of action that aligns with his long-term financial goals and current circumstances.

Understanding the Current Situation
Property Ownership: Your friend owns a 2BHK flat in his hometown, which he purchased 10 years ago with a loan of 14 lakhs. Despite regular repayments, the outstanding amount remains the same.

Financial Constraints: With a monthly income of 1 lakh and family responsibilities, managing additional financial burdens can be challenging, especially considering the stagnant loan amount and potential property maintenance costs.

Evaluating Options
Repaying the Loan: Your friend can consider gradually repaying the remaining loan amount of 14 lakhs from the funds he expects to receive in 2024. This approach allows him to regain full ownership of the property, eliminating debt obligations.

Selling or Abandoning the Property: Given the property's location on the 4th floor without a lift and the uncertainty surrounding its market value, your friend may contemplate selling or abandoning the property altogether. This option frees him from loan liabilities and potential maintenance expenses but necessitates finding alternative housing solutions.

Exploring New Property Investment: With the funds received in 2024, your friend could explore investing in a new property that better suits his current needs and preferences. However, the feasibility of this option depends on various factors such as property costs, location, and financial constraints.

Considerations for Decision-Making
Financial Stability: Prioritize your friend's financial stability and ability to manage debt obligations and future expenses effectively.

Long-Term Goals: Consider your friend's long-term goals, including retirement planning, family needs, and property ownership preferences, when making decisions about property ownership.

Market Analysis: Assess the current real estate market trends in your friend's hometown to gauge the potential returns on investment and property appreciation prospects.

Seeking Professional Guidance
Encourage your friend to consult with a financial advisor or real estate expert to assess his options comprehensively and make informed decisions aligned with his financial objectives and circumstances.

Conclusion
Your friend's decision regarding the 2BHK flat ownership requires careful consideration of various factors, including financial stability, long-term goals, and market dynamics. By weighing the available options and seeking professional guidance, he can navigate this situation effectively and secure his financial future.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

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Ramalingam Kalirajan  |2424 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - May 13, 2024Hindi
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Hi, I am currently 24 years old am earning around 11lpa I am investing around 60k each month (5k sip) rest lumpsum. What should be my investing strategy to get corpus of 10cr, I want to retire within 50 years. I already hv invest around 8.1l
Ans: Crafting Your Path to a 10 Crore Corpus: A Long-Term Investment Strategy
Your proactive approach towards investing at a young age and setting ambitious financial goals demonstrates foresight and determination. Let's outline a comprehensive investment strategy tailored to your objective of accumulating a 10 crore corpus by retirement within 50 years.

Current Financial Landscape
Young Age Advantage: Starting your investment journey at 24 provides a significant advantage due to the power of compounding over an extended period.

Steady Income and Investments: Earning 11 lakhs per annum and allocating 60k monthly towards investments, including SIPs and lump sum contributions, reflects disciplined financial planning.

Long-Term Investment Strategy
Equity-Centric Approach: Given your long investment horizon and goal of wealth accumulation, adopting an equity-centric approach is prudent. Equity investments offer higher growth potential over the long term, albeit with higher volatility.

SIPs for Regular Investing: Continue with your SIPs, as they foster disciplined investing and provide the benefit of rupee cost averaging. Allocate a significant portion of your monthly investments towards equity SIPs to capitalize on market opportunities and mitigate risk.

Lump Sum Investments for Portfolio Boost: Utilize lump sum investments to bolster your portfolio and seize attractive investment opportunities. Consider diversified equity mutual funds or blue-chip stocks with strong growth potential and track record.

Diversification Across Asset Classes: While equity forms the cornerstone of your investment strategy, consider diversifying across other asset classes such as debt, real estate investment trusts (REITs), or gold to mitigate risk and enhance overall portfolio stability.

Monitoring and Adjustments
Regular Portfolio Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals, risk tolerance, and market conditions. Make adjustments as necessary to capitalize on emerging opportunities or rebalance your portfolio.

Stay Informed and Educated: Keep abreast of economic developments, market trends, and investment strategies to make informed decisions. Continuous learning and staying informed are essential pillars of successful long-term investing.

Conclusion
With a disciplined investment approach, focus on equity investments, and commitment to long-term financial planning, you can work towards achieving your goal of accumulating a 10 crore corpus by retirement within 50 years. Stay disciplined, stay focused, and trust in the power of compounding to realize your financial aspirations.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2424 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - May 13, 2024Hindi
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I have a current corpus of 2.25 cr. I am 46 yo working having my own business. My yearly SIP is 40 lacs. I have no loan. I want to retire at the age of 65 years. How much corpus will i'll be able to achieve with same SIP taking inflation and 10 to 12% return ?
Ans: Estimating Future Corpus: Projecting Retirement Savings Growth
Your proactive approach towards retirement planning, coupled with a substantial current corpus and significant yearly SIP contributions, sets a strong foundation for achieving your retirement goals. Let's project the potential corpus you could accumulate by the age of 65, considering inflation and expected returns.

Current Financial Situation
Substantial Current Corpus: Your existing corpus of 2.25 crores provides a solid base for wealth accumulation, demonstrating prudent financial management and planning.

Significant Yearly SIP: A yearly SIP of 40 lakhs reflects your commitment to long-term wealth creation and retirement preparedness.

Projecting Future Corpus
Inflation Consideration: Accounting for inflation is essential to ensure your retirement corpus maintains its purchasing power over time. Assuming an average inflation rate of 6-7% annually is prudent.

Expected Returns: With a diversified investment portfolio and an investment horizon of 19 years until retirement, aiming for an average annual return of 10-12% is reasonable, considering historical market performance.

Compounding Effect: The power of compounding amplifies the growth potential of your investments over time, especially with consistent SIP contributions and favorable market conditions.

Estimating Future Corpus
Using a retirement calculator or financial projection tool, we can estimate the potential corpus you could accumulate by the age of 65 based on your current SIP contributions, expected returns, and inflation rate.

Conclusion
By diligently contributing to your SIPs and leveraging the power of compounding, you have the potential to achieve a substantial retirement corpus by the age of 65. Regularly reviewing your investment strategy, adjusting for changing market conditions, and staying disciplined in your savings habits will further enhance your financial security in retirement.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...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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