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Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - May 15, 2024Hindi
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I m 45 having 6cr in stocks , fd etc . I earn 10 lacs per month , no debt but have two kids study to look into . When can I retire

Ans: Retirement Planning Analysis
Congratulations on achieving significant financial success and maintaining a debt-free status! Let's evaluate your retirement readiness considering your current assets, income, and responsibilities towards your children's education.

Current Financial Status
With assets totaling 6 crores in stocks, fixed deposits, and other investments, coupled with a monthly income of 10 lacs, you're in a strong financial position. However, retiring involves careful planning to ensure sustainable income and lifestyle maintenance post-retirement.

Responsibilities towards Children's Education
As a parent with two children pursuing studies, it's essential to allocate sufficient funds towards their education expenses. Determining the estimated cost of their education and factoring in inflation will help you plan effectively without compromising your retirement goals.

Retirement Age Projection
To ascertain when you can retire comfortably, we'll need to analyze your desired retirement lifestyle, expected expenses, and investment returns. A retirement calculator can help estimate the corpus required to sustain your lifestyle post-retirement based on your anticipated lifespan and inflation-adjusted expenses.

Retirement Corpus Assessment
Given your substantial assets and income, retiring early may be feasible, provided you have a robust retirement corpus to sustain your lifestyle and cover unforeseen expenses. Assessing your risk tolerance and investment horizon will aid in determining an appropriate asset allocation strategy for your retirement portfolio.

Retirement Planning Strategies
Optimizing tax-efficient investment vehicles like retirement funds and annuities can enhance your retirement savings while minimizing tax liabilities. Additionally, diversifying your investment portfolio across asset classes can mitigate risk and maximize returns, ensuring a stable income stream during retirement.

Consultation with a Certified Financial Planner
Engaging with a Certified Financial Planner can provide personalized retirement planning advice tailored to your financial objectives and risk profile. They can help formulate a comprehensive retirement strategy, including asset allocation, withdrawal strategies, and contingency planning, to ensure a smooth transition into retirement.

Conclusion
Your sound financial standing and prudent approach towards debt management lay a solid foundation for a comfortable retirement. With careful planning, disciplined savings, and strategic investment decisions, you can retire on your terms and enjoy financial freedom while securing your children's future.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
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  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 29, 2024Hindi
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Money
Hi, I am currently 43 years old. I would like to understand when I can retire. Here are my assets and savings. Have got 2 flats, one self occupied and other one rented for 25k per month. I have plot worth 80 lakhs. 20 lakhs in savings, still not invested anywhere. Another 50L in PF and gratuity. Have 2 ancestral homes generating 35k per month rent (worth 3 cr). My current salary is 2.5 lakhs per month after all deductions. We have two sons.
Ans: It's fantastic that you're planning ahead for your retirement! With your diverse assets and savings, you're well-positioned to achieve your retirement goals. Let's assess your situation to determine when retirement might be feasible:
1. Evaluate Assets and Savings: You have two flats, one rented out, a valuable plot, significant savings, and substantial funds in PF and gratuity. Additionally, rental income from ancestral homes provides a steady stream of income.
2. Calculate Expenses: Determine your current expenses and estimate future expenses, considering inflation and lifestyle changes. With rental income and other sources, you seem to have a stable income stream.
3. Financial Independence: Assess your financial independence by comparing your passive income from assets and savings with your expenses. If your passive income covers or exceeds your expenses, you're in a position to retire.
4. Consider Family Needs: Take into account your sons' education, marriage expenses, and other familial responsibilities. Ensure your retirement plan accommodates these needs without compromising your financial security.
5. Risk Management: While real estate can provide steady income, ensure you have a diversified investment portfolio to mitigate risk. Consider consulting with a Certified Financial Planner to optimize your asset allocation and investment strategy.
6. Retirement Timeline: Based on your current financial situation and retirement goals, you may be able to retire earlier than the standard retirement age. However, it's essential to consider factors like healthcare costs, longevity, and inflation when planning for retirement.
7. Regular Reviews: Periodically review your financial plan and retirement goals to ensure you're on track. Adjust your strategy as needed based on changes in your circumstances and market conditions.
With careful planning and prudent financial management, you can retire comfortably and enjoy the fruits of your hard work. Consider seeking professional advice to fine-tune your retirement plan and make informed decisions.

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

..Read more

Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 24, 2024

Asked by Anonymous - May 23, 2024Hindi
Money
I am 49 & having 22 lacs in PF & 10 lacs in PPF. LICI around 20 lacs & MF investment through SIP around 6 lacs. Having 2 kids studying. Please advise when I can retire with a handsome corpus. So that I can earn 1 lacs per month as a pension .
Ans: Retirement Planning for a Secure Future
Your commitment to securing your retirement and providing for your children's education is admirable. Let's formulate a retirement plan to ensure a comfortable retirement with a substantial corpus.

Evaluating Your Current Financial Assets
You possess a significant corpus across various investment instruments, including PF, PPF, LIC, and MF SIPs.

This demonstrates a disciplined approach towards wealth accumulation.

Determining Retirement Goals and Lifestyle
Retirement Age
Decide on your desired retirement age, considering factors like health, family responsibilities, and personal preferences.

Retirement Lifestyle
Envision your desired lifestyle during retirement, including travel, hobbies, and healthcare expenses.

Calculating Retirement Corpus Required
Monthly Expenses
Estimate your monthly expenses during retirement, considering inflation and lifestyle changes.

Corpus Required
Calculate the corpus required to generate a monthly pension of Rs. 1 lakh, factoring in inflation and investment returns.

Analyzing Current Investments
PF and PPF
Assess the growth potential and liquidity of your PF and PPF investments.

Consider their role in providing stable returns during retirement.

LIC and MF SIPs
Review the performance and growth of your LIC and MF SIPs.

Evaluate their contribution towards achieving your retirement goals.

Insurance-cum-investment schemes
Insurance-cum-investment schemes (ULIPs, endowment plans) offer a one-stop solution for insurance and investment needs. However, they might not be the best choice for pure investment due to:
• Lower Potential Returns: Guaranteed returns are usually lower than what MFs can offer through market exposure.
• Higher Costs: Multiple fees in insurance plans (allocation charges, admin fees) can reduce returns compared to the expense ratio of MFs.
• Limited Flexibility: Lock-in periods restrict access to your money, whereas MFs provide more flexibility.
MFs, on the other hand, focus solely on investment and offer:
• Potentially Higher Returns: Investments in stocks and bonds can lead to higher growth compared to guaranteed returns.
• Lower Costs: Expense ratios in MFs are generally lower than the multiple fees in insurance plans.
• Greater Control: You have a wider range of investment options and control over asset allocation to suit your risk appetite.
Consider your goals!
• Need life insurance? Term Insurance plans might be suitable.
• Focus on growing wealth? MFs might be a better option due to their flexibility and return potential.


Retirement Planning Strategies
Maximizing Contributions
Consider maximizing contributions to PF, PPF, and MF SIPs to accelerate corpus growth.

Increase SIP amounts annually to align with salary increments and inflation.

Diversification
Diversify your investment portfolio to mitigate risk and optimize returns.

Explore investment options beyond traditional instruments for better growth potential.

Regular Funds Investing through MFD with CFP Credential
Disadvantages of Direct Funds
Direct funds require active management and market knowledge.

Investors may lack expertise in fund selection and portfolio management.

Benefits of Regular Funds Investing through MFD with CFP Credential
Working with a Certified Financial Planner ensures personalized guidance and expert advice.

MFDs provide tailored investment strategies aligned with your financial goals and risk profile.

Retirement Age Projection
Retirement Corpus Projection
Use retirement calculators to project the required corpus based on your retirement age and lifestyle goals.

Adjust contributions and investment strategies to achieve the desired corpus.

Retirement Age Estimation
Estimate the retirement age based on projected corpus growth and investment returns.

Consider lifestyle adjustments and additional income sources during retirement.

Monitoring and Adjusting Retirement Plan
Regular Review
Monitor your retirement plan regularly to track progress and make necessary adjustments.

Evaluate investment performance and adjust contributions as needed.

Lifestyle Adjustments
Be prepared to make lifestyle adjustments if necessary to align with retirement goals.

Explore opportunities for part-time work or alternative income sources during retirement.

Conclusion
With strategic planning and disciplined investing, you can retire comfortably with a handsome corpus.

Maximize contributions to PF, PPF, and MF SIPs while diversifying your investment portfolio.

Consult a Certified Financial Planner for personalized guidance and expert advice on retirement planning.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 03, 2024

Money
Hi , i am 43 years old. I have 2 small kids 8 and 6. I have 2.5crs in SIP with monthly investment of 1lac. I have 1 own house loan paid. i have LIC of 70lacs along with ELSS of 10 lacs and gold worth 50lacs. I would like to have 15 crs in 5 years. Please let me know when can i retire.
Ans: I see you are 43 years old and aiming to retire with a significant corpus. Let's dive into a comprehensive plan to achieve your goals and assess when you can comfortably retire.

Current Financial Situation
First, let's summarize your current financial status:

SIP Investments: Rs. 2.5 crore, with a monthly investment of Rs. 1 lakh.
Own House: Loan fully paid.
LIC: Rs. 70 lakh.
ELSS: Rs. 10 lakh.
Gold: Rs. 50 lakh.
Retirement Goal
You aim to have Rs. 15 crore in 5 years. Let's evaluate if this goal is achievable and when you can retire.

Assessing Your Financial Goals
Monthly SIP Investment
You have Rs. 2.5 crore in SIPs and invest Rs. 1 lakh monthly. SIPs in mutual funds are an excellent way to build wealth over time, leveraging the power of compounding.

Life Insurance and ELSS
You have Rs. 70 lakh in LIC and Rs. 10 lakh in ELSS. Life insurance ensures financial security for your family, while ELSS provides tax benefits and market-linked returns.

Gold Investments
Gold worth Rs. 50 lakh is a good hedge against inflation and economic uncertainty. However, it should not be the primary investment for growth.

Achieving Rs. 15 Crore in 5 Years
Current Corpus
Your current investments total Rs. 3.3 crore (Rs. 2.5 crore in SIPs + Rs. 70 lakh LIC + Rs. 10 lakh ELSS + Rs. 50 lakh gold).

Expected Growth Rate
Assuming a conservative growth rate of 12% per annum for SIPs and ELSS, and a stable value for gold, let's project your future corpus.

Investment Strategy
Systematic Investment Plans (SIPs)
SIPs in mutual funds are crucial for achieving your goal. Continue your Rs. 1 lakh monthly investment. Here's a breakdown of mutual fund categories:

Equity Mutual Funds: High growth potential but with higher risk. Suitable for long-term wealth creation.
Debt Mutual Funds: Lower risk, providing stability and regular income.
Hybrid Mutual Funds: Balanced approach with both equity and debt exposure.
Benefits of Actively Managed Funds
Avoid index funds due to their limitations in beating market averages. Actively managed funds, handled by professional fund managers, can potentially outperform the market, offering better returns.

Power of Compounding
Reinvesting your returns can significantly boost your corpus. Compounding generates returns on your returns, leading to exponential growth.

Diversification
Diversify your portfolio across various asset classes to manage risk. A balanced mix of equity, debt, and gold can provide stability and growth.

Detailed Plan
1. Equity Mutual Funds
Invest in a mix of large-cap, mid-cap, and small-cap funds. Large-cap funds provide stability, while mid-cap and small-cap funds offer higher growth potential. Aim for 60% allocation in equity mutual funds for growth.

2. Debt Mutual Funds
Allocate 20% to debt mutual funds for stability and regular income. Debt funds invest in fixed-income securities, offering lower risk compared to equities.

3. Hybrid Mutual Funds
Invest 10% in hybrid mutual funds for a balanced approach. These funds invest in both equity and debt, reducing risk while providing growth potential.

4. Gold
Maintain your current gold investment as a hedge against inflation. Gold should constitute around 10% of your portfolio for diversification.

5. Life Insurance and ELSS
Ensure your life insurance coverage is adequate to protect your family. Your LIC policy of Rs. 70 lakh is a good start. Continue investing in ELSS for tax benefits and equity exposure.

Regular Review and Rebalancing
Periodic Review
Review your portfolio periodically to ensure it aligns with your goals. Regular reviews help adjust your investments based on market conditions and financial objectives.

Rebalancing
Rebalance your portfolio annually to maintain the desired asset allocation. Rebalancing ensures your portfolio remains aligned with your risk tolerance and investment goals.

Risk Management
Managing Market Volatility
Equity markets can be volatile. Diversification across asset classes can help mitigate this risk. Ensure a balanced mix of equity, debt, and gold.

Emergency Fund
Maintain an emergency fund covering at least 6-12 months of expenses. An emergency fund provides liquidity and financial security during unforeseen events.

Final Insights
Achieving Rs. 15 Crore in 5 Years
With disciplined investments and strategic planning, reaching Rs. 15 crore in 5 years is achievable. Here are key takeaways:

Continue SIPs: Maintain your monthly SIP of Rs. 1 lakh. Equity mutual funds offer high growth potential.
Diversify Portfolio: Allocate investments across equity, debt, and gold for risk management and stability.
Regular Review and Rebalancing: Periodically review and rebalance your portfolio to align with your goals.
Manage Risks: Diversify and maintain an emergency fund to manage risks and market volatility.
Life Insurance and ELSS: Ensure adequate life insurance coverage and continue investing in ELSS for tax benefits and equity exposure.
By following this comprehensive plan, you can achieve your financial goals and retire comfortably. Your disciplined approach to investing and strategic planning will ensure financial security for you and your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 01, 2024

Asked by Anonymous - Jun 30, 2024Hindi
Money
Hello, I am 45 yrs Currently earning 3.20 lakh per mnth Get a rent of 40k from one of my flat Have another flat which i have sold for 2.80cr and bought a new 4.5 bhk flat for 3cr which is underconstruction will be getting the possession in Dec 25. My mom and my Mil stay with me .I am paying rent of 73k per month.I have a Emi of 35k per month. I have 2 daughters 17 and 11 yrs .I am the sole bread earner at home.As per you when can i retire. Fd 1.5 cr
Ans: Firstly, I admire your careful planning and management of finances. Balancing a high-earning job, significant family responsibilities, and substantial investments showcases commendable foresight and dedication. You’ve outlined a strong foundation with a diversified asset base and income streams. Let's evaluate how these elements play into your retirement planning and future financial security.

Income Streams and Expenses
You earn a significant monthly salary of Rs. 3.20 lakhs and receive an additional Rs. 40,000 as rental income. This gives you a total monthly income of Rs. 3.60 lakhs. However, there are significant outflows to consider:

Rent Payment: Rs. 73,000 per month
EMI Payment: Rs. 35,000 per month
Given these, your net disposable income is around Rs. 2.52 lakhs per month. With this, you need to manage household expenses, save for retirement, and plan for your daughters' futures.

Asset Allocation and Liquidity
You have substantial assets and investments:

Fixed Deposits (FD): Rs. 1.5 crores
Sold Flat Proceeds: Used towards a new 4.5 BHK flat worth Rs. 3 crores
This provides a significant safety net and potential growth in real estate value, though the latter is less liquid.

Evaluating Retirement Readiness
Retirement readiness depends on multiple factors: current income, expenses, asset base, and future financial goals. Given your high earnings and substantial savings, let's evaluate each aspect:

Monthly Income and Retirement Needs
With Rs. 3.20 lakhs per month from your job and Rs. 40,000 in rental income, you have a strong earning base. Post-retirement, your income will primarily come from your savings and investments.

To estimate your retirement readiness, consider these factors:

Living Expenses: Estimate your monthly expenses post-retirement. Typically, it's around 70-80% of pre-retirement expenses. Assume Rs. 2.50 lakhs monthly as a conservative estimate.

Healthcare Costs: Medical expenses often rise with age. Ensure you have adequate health insurance and a separate medical emergency fund.

Lifestyle and Leisure: Factor in costs for travel, hobbies, or any leisure activities you wish to pursue.

Investments and Growth
Your FD of Rs. 1.5 crores provides a stable base. However, the returns are limited compared to other investment options. Let's explore strategies to enhance your investment portfolio for better growth:

Diversify Investments: Consider diversifying into equity mutual funds, which offer higher returns over the long term. This can help outpace inflation and grow your retirement corpus significantly.

Systematic Investment Plan (SIP): Start or increase SIPs in a mix of large-cap and multi-cap equity funds. SIPs help in averaging market risks and compounding growth over time.

Debt Mutual Funds: These are safer than equities but provide better returns than FDs. They offer a good balance for risk-averse investors nearing retirement.

Planning for Major Financial Goals
You have key financial goals to consider, especially your daughters' education and future, your new home, and retirement. Let’s break down the strategies for each.

1. Daughters’ Education and Marriage
Your daughters are 17 and 11, so education expenses are imminent, especially for higher education. Here’s how you can plan:

Education Fund: Allocate a portion of your monthly surplus towards a dedicated education fund. Use equity mutual funds for long-term growth to cover higher education costs.

Marriage Fund: Start a separate savings plan for their marriage. Use a mix of FDs and balanced funds for a moderate-risk approach.

2. New Home Purchase
You’ve invested in a new 4.5 BHK flat, expected to be ready by December 2025. Here’s how you can manage this investment:

EMI Management: Ensure your EMI of Rs. 35,000 is comfortably managed within your budget.

Home Furnishing and Setup: Start a dedicated fund for furnishing and setting up your new home. Allocate monthly savings towards this fund to avoid a financial crunch when you move in.

3. Retirement Corpus
Building a robust retirement corpus is crucial for financial independence post-retirement. Here’s a strategy:

Retirement Fund: Continue building your FD and diversify into equity and debt mutual funds for better growth. Aim for a corpus that can generate regular income to cover your monthly expenses.

Pension Plans: Explore pension plans or annuities that provide regular income post-retirement. This ensures a steady cash flow even without active employment.

Balancing Family Responsibilities
Caring for your mother and mother-in-law, along with your daughters, requires meticulous planning. Here are some strategies:

Healthcare Costs: Ensure you have comprehensive health insurance coverage for all family members. Allocate funds for any additional medical expenses.

Emergency Fund: Maintain a robust emergency fund to cover unexpected expenses. This provides financial security and peace of mind.

Optimizing Tax Savings
Maximizing tax efficiency is essential to retain more of your earnings. Here’s how you can optimize your tax savings:

Tax-saving Investments: Continue investing in tax-saving instruments like ELSS, PPF, and NPS. These provide deductions under Section 80C.

Home Loan Benefits: Avail of tax benefits on your home loan EMIs under Sections 24(b) and 80C. This reduces your taxable income significantly.

Health Insurance Deductions: Utilize deductions under Section 80D for health insurance premiums paid for yourself and your family.

Long-term Investment Strategy
Your financial goals span across different time horizons. Here’s how to align your investments accordingly:

Short-term Goals (2-5 years): For immediate goals like home setup and daughters' education, use low-risk, high-liquidity instruments like FDs, short-term debt funds, and recurring deposits.

Medium-term Goals (5-10 years): For goals like daughters’ marriage and further education, use balanced funds and diversified mutual funds. These offer moderate growth with manageable risk.

Long-term Goals (10+ years): For retirement and long-term security, focus on equity mutual funds, SIPs, and pension plans. These provide the best potential for growth over time.

Regular Review and Adjustment
Financial planning is dynamic. Regularly review and adjust your portfolio to stay aligned with your goals. Here’s how:

Annual Review: Conduct a thorough review of your financial plan annually. Assess investment performance and adjust based on changing needs or market conditions.

Rebalancing: Rebalance your portfolio periodically to maintain the desired asset allocation. Shift funds between equities, debts, and FDs as needed.

Goal Adjustment: Revisit your goals periodically. Adjust your savings and investments based on life changes, market trends, and evolving priorities.

Role of a Certified Financial Planner (CFP)
A CFP can provide tailored advice to optimize your financial plan. Here’s how they can help:

Personalized Planning: A CFP can create a detailed plan based on your unique financial situation, goals, and risk tolerance.

Investment Strategy: They can recommend a diversified investment strategy that aligns with your goals and maximizes returns.

Tax Optimization: A CFP can help you identify tax-saving opportunities and ensure your investments are tax-efficient.

Risk Management: They can assess your insurance needs and ensure you have adequate coverage for all potential risks.

Final Insights
Your financial journey is impressive, balancing high earnings, family responsibilities, and strategic investments. Here’s a summary of steps to secure your future and determine your retirement readiness:

Diversify Investments: Allocate funds across equity, debt, and balanced mutual funds for optimal growth and risk management.

Build Specific Funds: Create dedicated funds for your daughters' education and marriage, home setup, and emergency needs.

Optimize Tax Savings: Maximize deductions and benefits through strategic investments and home loan management.

Plan for Retirement: Continue building your retirement corpus with a mix of FDs, SIPs, and pension plans.

Regular Monitoring: Review and adjust your financial plan annually to stay aligned with your goals.

Consult a CFP: Seek professional advice to refine your financial strategy and ensure comprehensive planning for all aspects of your life.

By following these strategies, you can achieve a secure and fulfilling retirement while meeting your family’s needs and goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Anu

Anu Krishna  |1281 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 07, 2024

Asked by Anonymous - Oct 07, 2024
Anu

Anu Krishna  |1281 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 07, 2024

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Help me!!! 1.I'm starting new "work" on my own(challenging for me) but my mind says quit it, be quite & do nothing. I myself don't know that wether the result of work will be +ive or uncompleted like alws. 2. My mind has become like order seeker type, when someone orders me, I do those things with dedicated(but sad from inside) manner. But when myself will try something different(which i fear, but necessary) then. "I QUITS IT" & sometimes I don't even start. 3. I'm like stuck no clue what/whom I want to do in life, I'm in cllg(1 yr) doing (CSE) ,. 4. I want to do/try (sports,talking girls,study,stocks,coding..) many things, but myself, my thoughts(overthinker), R like just be in the place where u are[confused,po*n,think about past/future(being billio..re,olympics..), girl (that u liked & never talked), abusive/beating self,.. sometimes feels like end life, but don't hv courage for that also.. 5. I tried self help books, spirituality, god, self affirmation, writing... & thay affected me(sometimes) but for only some time, then again that devil me comes up &these things never get completed. As no one in my family knows about all these, so that's Y ,I hv to fight/loose/try again, the battles with myself.
Ans: Dear Harsh,
If in the past you have had the urge to QUIT, how is this time going to be different? This is not to discourage you from taking up 'new work' but pointing out that there is some amount of work that you need to put to clear the mind out of blockages.
-What is limiting you?
- What is the reason for putting off things?
- What comes first to the mind when you start something new?
Also, focus on one thing at a time; study and go deep into it...what's this thing with work? I don't understand. When the mind is unsettled, take one thing/activity, pursue it and finish it. It could simply be studying for Year 1 of your college...just only do that...once your mind is trained in completing an activity, you can add another one the next year along with studying and then pursue both...it could be some sport and studying...then the next year, you could add a third activity. This is called 'training the mind in discipline'. Discipline will make sure that you start and finish things...So, go slow and do one thing at a time.

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

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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