Is a Long-Term Investment in Yes Bank with 25,000 Shares a Wise Decision?

Ans: Hello;

SWP on 7 L corpus wont be much therefore it is preferable that you utilise the insurance policy proceeds to prepay the home loan.

You may buy an immediate/deferred, annuity for a corpus of around 20 L, as pension for your parents, payable to you being nominee, after them.

Best wishes;

Ans: As a doctor, we dont treat lab reports. These are always to be reviewed in context of presenting complaints.
Was it a routine test? why did you get this done? What are the other lab reports?

Once I know those things, may be I can respond better.

Thanks

Dr Chandrakant Lahariya
Centre for Health: The Specialty Practice
Safdarjung Enclave, New Delhi

Ans: If these are the only medicine you are receiving for diabetes medicine, there is need for urgent review and discussion with your physician.

Metformin which is insulin sensitiser and first line drug for all Diabetes type 2 treatment guidelines (unless person has intolerance to it) is missing from your treatment.
Then, Glimestar is sulfonyleurea which may be stopped after a few years but Dapagliflozin (Brand name Forxiga) is useful drug and need to be stopped only in case of severe infections of UTI etc.

In short, get your treatment reviewed by a physician

Dr Chandrakant Lahariya
Centre for Health: The Specialty Practice
Safdarjung Enclave, New Delhi

Ans: Dear Muskan,
You said this:
he doesn't like then how can i participate in the competition!

Who exactly is he to tell you what to do and what not to do? He's doing this because you are allowing it, right?
If he already has begun to control certain aspects of your life and imagines that he is right, doesn't it look like a BIG RED FLAG?
Please think and act for yourself without being controlled by anyone. You are capable and you owe it yourself to steer your career your way. Emotionally blackmailing you by asking if your career is more important than the relationship: Say YES once and watch his reaction.

Be smart and act wise...Red flag on many counts...

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

Ans: Hello;

You should check with LIC branch office through which the policies were issued to you however it is unlikely that you can revive them now.

The policies might have lapsed and converted into paid-up policy.

You are entitled to receive maturity proceeds of such paid up policies after tenure.

Best wishes;

Ans: Dear Anonymous,
What you are experiencing may or may not be a crush...It's just the feeling of being able to be around girls for the first time. There is no need to jump at the very first instance. Take your time and actually start by being friends with girls and boys as well. Socially start to gain acceptance within yourself for who you are before playing into these feelings. One step at a time...the larger your friend circle, the easier it gets to actually stepping into unknown and unfamiliar zones.

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

Ans: At 42, with your daughter’s higher education likely around 5-6 years away, it's important to balance between preserving capital and seeking growth. Here’s a comparison to help you decide between using your EPF (Employees’ Provident Fund) and investing in mutual funds:

1. EPF:

Pros:

• Safe and guaranteed returns: EPF currently offers an interest rate of around 8-8.5%, which is relatively high for a low-risk investment.
• Tax benefits: EPF withdrawals after 5 years of continuous service are tax-free, including the interest earned.

Cons:

• Moderate growth: While safe, the returns may not be as high as equity mutual funds over the long term.
• Compromising retirement funds: Using EPF for education could deplete your retirement savings, making it difficult to maintain financial security in your later years.

2. Mutual Funds:

Pros:

• Higher potential returns: Over a 5-6 year horizon, a well-diversified mutual fund portfolio (especially balanced or equity funds) could offer better returns, typically in the range of 10-12%.
• Flexibility: You can tailor your investments based on your risk tolerance (e.g., shift from equity to more conservative debt funds as the education expenses approach).

Cons:

• Market risk: Mutual funds are subject to market volatility, which could lead to fluctuations in your investment value, especially in the short term.
• Capital gains tax: Equity investments held for less than a year are taxed at 15%, and long-term capital gains exceeding Rs 1 lakh are taxed at 10%.

What you can do:

• Maintain your EPF for retirement: Since EPF is a safe retirement corpus, it’s advisable to avoid using it for non-retirement purposes unless absolutely necessary.
• Continue with mutual fund investments: Given the time horizon of 5-6 years, you can continue investing in mutual funds, especially in a mix of equity and hybrid funds. As the time nears, gradually move towards safer debt or balanced funds to reduce risk.
• Consider a targeted education fund: You could start a dedicated mutual fund or a systematic investment plan (SIP) specifically for your daughter's education, while keeping your EPF intact for retirement.

This balanced approach can help you fund education without compromising your retirement security.

Ans: Dear Evelyn,
There is no one answer that will satisfy your thoughts. Each individual have their own experiences and situations which will give them perspectives.
Both nuclear and joint family systems have their ups and downs and to decide which one is better, one actually needs to understand themselves and what they are willing to experience and compromise to then decide which one is best.
If you are looking at a very clinical, factual answer, the internet will give it to you.

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

Ans: Dear Anonymous,
You are young and have your whole life ahead to make it the way that you want. There is no need to compromise and get stuck in places that are going to challenge you. When she is not ready for a commitment and has a lot of baggage to clear, it is too much at your age to be taking it on. If you still decide to, then be prepared for an uphill task.
Also, without meeting, don't be quick to call it Love etc and then this label will tie you to do things that were unnecessary in the first place.
Kindly ask yourself if you are ready to commit to someone who does not value commitment.

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