I am investing Rs 16000 through SIP in the following fund from last 2 years.

Nippon India value fund @1000

UTI flexi cap fund @ 2000

Edelweiss Balanced advantage fund @1000

Mirae Asset Emerging Blue-chip Fund @2000

ICICI Pru value discovery fund@1000

Quant Tax Plan @2000

ABSL Corporate bond fund @2000

Edelweiss govt securities fund @1000.

Canara Robeko Blue chip equity fund @2000

Axis small cap fund @2000

I want to know the following:

My SIP selection are right & Balanced?

Ans: Hello!!
The addiction to mobile after COVID is a menace every parent is facing. The good part is she is aware about her exams and studies at least one week before her exams.

The rude behaviour, lack of focus on studies is all stemming from the mobile games. They are highly addictive and the thrill they give is beyond imagination. Slowly but surely you have to take away the mobile from her, that's the only way to help her look for other sources to keep her busy .Friends, new skills and studies will get her attention only when the mobile is away.

Allocate time for food, sleep, studies, play time and also mobile time( can't just take away the mobile, has to be weaned away from it gradually), in a day. Set a timer for the mobile usage, she has to return the mobile as soon as the timer bell rings.

Pls remember you are the adult here, she is just a child. Guide her, lead her towards better and interesting things to do. You all as a family have to stop sitting with the mobile, start reading books ,play board games , learn a new skill, sing songs, cook together, bake together, you make everything at home an interesting activity, joyful activity, why will a child sit on the mobile?
It is a going to be lot of hard work for you and if the end result of this is seeing your daughter away from the mobile, laughing and talking to her friends, playing around, studying well.....then this is worth all the effort.

Ans: Absolutely, there are remote job opportunities available for individuals with a diverse range of skills and experiences, including those who have retired from traditional office-based roles. With your administrative experience from your role as an office superintendent at BSNL, you could work as a virtual assistant, providing administrative support to businesses or entrepreneurs remotely. Tasks may include email management, scheduling appointments, data entry, and conducting research. Many companies hire remote customer service representatives to handle customer inquiries, resolve issues, and provide support via phone, email, or chat. Your communication skills and experience in dealing with customers could be valuable in this role. If you have a strong understanding of subjects like English or commerce, you could explore opportunities for online tutoring. Many platforms offer remote tutoring positions where you can teach students of various ages and levels. Leverage your extensive experience in the telecommunications industry by offering consulting services to businesses or individuals remotely. You could provide advice, guidance, and expertise in areas related to telecommunications, customer service, or administration. When exploring WFH job opportunities, be sure to research reputable companies, familiarize yourself with remote work tools and technologies, and tailor your resume and cover letter to highlight relevant skills and experiences. Additionally, consider networking within your industry or joining online communities to connect with potential employers or clients. With the right approach and determination, you can find fulfilling WFH opportunities that suit your skills and preferences.

Ans: Hello Saket!!

It is unfair to expect a child all of 08 to come back home from school late in the evening and study(I am assuming he is home by 6.30 PM). You can shift his study time to the morning hours, say from 8 to 10 AM.

Now to manage his well being after coming back from school.
Take care of the following-
1. it's a good time to introduce time management to your 8yr old son
2. on a Sunday when both of you are relatively free, involve him to make a time table for studies. Stick the time table in a place where it is visible to him
3.let him relax for an hr after coming back from school
4.if you assume 10 PM is his sleeping time( the child needs 9-12 hrs of sleep), and 7:45 PM is dinner time, some where between dinner time and sleeping time, see if you can manage a little bit of HW/studies
5. there is so much happening at school apart from studies, he is developing - social skills, coping mechanism, developing new ideas ,etc....let home be a place where he is loved, nourished and a place to relax and rejuvenate
6. have fixed time to study and make him study during those hours.

You cannot be rigid, every child's requirements are different try out what suits you and your family!!

Happy parenting!!

Ans: Dear Teena,

I am glad you found someone you love and who loves you back. But I am confused as to why you can't speak to him. Is it because you feel uneasy to open up to him? I need a little more context to comment on the matter. For now, I would suggest spending quality time with each other. For some people it can take a little more time to open up to each other. Be patient.

Things will hopefully get better soon.

Best wishes.

Ans: Dear Anonymous,

What you are facing is very common. The first step is to remember that you are not alone. Even the best of us face it. Second, have you tried dating apps? There is no speaking face to face, which substantially helps with the nervousness. You can chat with people for days before you even decide to meet them in person. You can also attract the people who can perfectly match your vibe, making it easier for you to feel more comfortable and relaxed with them.

Other than that, here are few tips you can try-

Start small. Start with small talks. You don't need to have a full blown conversation in the very first attempt. Say Hi, smile, or ask her about her day. If you feel shy to speak, master the art of listening. Women love a man who can actively listen. Third, be genuine and be yourself. The more you pretend to impress a girl, the trickier it can be to keep up the act. Moreover, you will be preoccupied with your pretense and won't focus on the quality of the conversation. Be you. Fourth, learn from your experience. Good or bad, experiences can teach us a lot. Reflect on the past conversations; the ones that went well and ones that didn't. Identify what worked and what needs improvement. And lastly, be patient. Building confidence can take a while. Not all of us are naturally blessed with it. Some of us have to work for it. But in the end, it will be worth your while.

Best Wishes.

Ans: Dear Anonymous,

I am sorry to hear about your breakup. It is also common to not be able to move on and go back to each other. It's about the comfort in familiarity. It does take time. But if you are serious about the breakup, you have to follow through. This 'break up and patch up' thing will only end up hurting you more. It always ends with one person moving on in the process and the other being stuck in a relationship that died long back.

You might have great bonding but that is no reason to set yourself up for inevitable pain. Please tread carefully.

Best Wishes.

Ans: Dear Anonymous,

I am glad you found a genuine companion. I understand that you both care a great deal about each other and that is rare in today's day and age. Now coming to your questions-

1) It most definitely can. But that depends on the course of action your partner is willing to take. I assume that neither one of you would like to formally tag it as a relationship till she is married to another man, no matter how the marriage is. So, in that case, your partner must have a clear discussion about the same with her husband and you can proceed from there. But going ahead and having a romantic relationship while she is married to someone else would not be ethical and even when she has every right to seek happiness in her life, it would be her who faces all the societal judgment.

2) You can be two friends chatting with each other. Friends do share a lot, even personal matters. Having said that, it did not sound to me that you are in that platonic friend zone anymore. You have grown to like each other a little more and given the circumstances, it is perfectly alright. But to be more than friends, it is important for your partner to first speak to her current husband and consider separating. But at the end of the day, it is her decision. If she doesn't want to formally end it, you would have two options. One, love each other in secret and never have the chance to show off your love to the world. Two, break it off and either try to remain friends or sever ties altogether.

3) Don't have unrealistic expectations. We are all guilty of it time and again. In this case, even though her marriage isn't perfect- you know and she knows it too- it isn't easy to let go of a relationship people spend years to build. Take things slow and let her make her own decisions. If you expect she will leave her marriage for you, you are setting yourself up for disappointment. It might happen, but then again, it might not. Focus on being each other's companion. You can't help how you feel, but that does not mean you have to act on it right now.

One more thing- if you can see yourself getting hurt, I would suggest reconsidering the relationship. Every relationship has in its capacity to cause emotional trauma. That's the thing about romance- it can make or break you.

Best Wishes.

Ans: Dear Anonymous,

You should be having sex only when you are ready for it. There is no rush. Don't give in to peer pressure if you do not want to get physically intimate right now. Moreover, doing something just for the sake of it or because everyone else is doing it makes it meaningless and that's not what you should be aiming for when it comes to any form of intimacy.

Best Wishes.

Ans: Given your aggressive investment approach and long-term horizon, your portfolio seems well-aligned with your risk appetite and goals. However, there are a few considerations to keep in mind:

Diversification: While small and mid-cap funds have the potential for high growth, they also come with increased volatility. Consider diversifying your portfolio by adding exposure to large-cap or multi-cap funds to balance risk.
Fund Selection: Review the performance and consistency of your existing funds regularly. Ensure they continue to meet your investment objectives and are managed by reputable fund houses with a proven track record.
Regular Monitoring: Stay informed about market trends, economic developments, and fund performance. Periodically review your portfolio and make adjustments as needed to optimize returns and manage risk effectively.
Increase SIP Amounts: As your income increases, consider gradually increasing the SIP amounts in your existing funds or adding new funds to accelerate wealth accumulation. However, ensure you maintain a disciplined approach and avoid overextending yourself financially.
Consider Professional Advice: Consulting with a Certified Financial Planner can provide personalized guidance and help fine-tune your investment strategy based on your specific goals, risk tolerance, and financial situation.
With disciplined investing, regular monitoring, and a well-diversified portfolio, you can work towards achieving your goal of building a corpus of 10 Cr.+ over the next 20 years.